Unicorns typically require lots of support from the manufacturer.
Without big incentives, or a subvented money factor, there just aren’t going to be ridiculous deals on these new X5s.
Bmw is giving away the outgoing models. They don’t need to do so on a new generation x5.
I looked at many dealers on the east coast from Maine down to Virginia and out west go Tennessee. The dealers up north will give you a 12% discount automatically, but won’t give up anymore. If you want more of a discount you are going to have to wait. I haven’t seen a 70k X5 in the 6s.
I agree with you 100% on the “unicorns,” which is thrown around here way too much (I’m guilty as well), but the car can be found with the proper work at this point for $600 with like $1.5 DAS, max MSDs on $62-$64k MSRP (36/10). There is at least one BMW dealer within 500 miles of every member that would give that deal by the end of this month (which towards the latter part of that is the best time to kick off negotiations anyways), imo. While not a “unicorn,” good deal for a newly redesigned BMW midsize SUV.
That’s my opinion. The poster I was back and forth with upthread was looking for $70k 15k a year, different story, but if I was him and I needed a car this month, I’d figure out the spread on 10k-15k with the numbers I posted, put the numbers in the calculator and figure out the difference, and get at every BMW dealer within 500 miles. He can use other sites to help with aging vehicles, but that’s how the “unicorns” are done, and I agree, no unicorn to be had on this one yet, but with work, 1% is def possible and with a little luck, maybe even beatable. That, imo, is how you hack something.
FWIW, I don’t think we’re at 1% on a GLE or Q8 at this point, Q8 coming sooner than the GLE, imo.
Got my demo from stellarauto broker here @24% off.
93.5k msrp sales price 70k on contract. 6600 miles. 879 per mo before tax.
That was a couple of months back.
Saw him list at least 2 or 3 more x5s some of which had a similar msrp about a 100 more monthly on a new unit…you can search LH.
I know the dealer through own background and know they specialized in flipping the demos bought in the corporate bmw auctions…not going to ruin anyone’s business model, so not going to name the dealer.
I’m going to be brutally honest and address the elephant in the room…
If 5K fluid cash makes or breaks your business you may need to revisit your choice in transportation needs.
That 24% off is misleading because having 6600 demo miles, you take an additional 7% RV hit, the miles adjustment and don’t qualify for any rebates anymore.
That and the fact they won’t share dealer info makes sharing the “deal” useless.
I’m sure though that the discount was only that level to compensate the major RV hit as current incentives don’t even get you that far.
1.Didnt mention the dealer because i got it from a broker here as I said. There is no “they”. Haven’t seen brokers openly state who they work with in public as people do try to undercut and go direct. This was really an attempt to respect that here on LH. I am not a broker nor affiliated with stellar in any way. No skin in the game no money to be made etc.
2.The 5k fluid cash comment is irrelevant completely as well as the transportation part.
3.The discount may be considered misleading if you so desire. I am aware of the RV hit. There are no reasonable incentives on the car as is so no loss there. People shop for the payment on here and throw in full MSD to make it as low as possible. Payment is fine for the my19 x5 50i m sport in my builld, feel free to critique the deal if someone did better.
I was going after the car and didnt care demo or not, as I can it swap it out without a problem and everyones car becomes a “demo” after they take delivery and need to swap on secondary market later. It is all about the payment at that point. My broker buddy in NY couldnt come close on a new unit build with same specs when I got mine.
Can you breakdown how that is a 7% RV hit? Isn’t the formula .25 * 6300 equaling $1,850 - wouldn’t that be roughly 2% on a $90k MSRP?
The only way I get to 7% is $1 per mile.
TIA.
Also, I see an $80k X5 50 for $699 here brand new:
If a demo has over 5k miles, BMW lowers the RV by 7%, plus does the mileage adjustment [(6600-300)*.25] and disqualifies it for all rebates.
740 before tax without MSDs and 2600 das per the calc. Nice 14.5% discount on new unit. So certainly deals are possible and should get better.
Put in my msrp at same discount, come out to the same 860 870 with regular das prior to tax.
I look at everything with MSDs, to not use them is essentially lighting money on fire.
So a BMW demo over 5k really becomes difficult to score on without a substantial discount, good to know, thanks!
That may be your personal prefference but a lease is a liability not an asset, and MSD shouldnt be treates as an investment of any sorts. When people talk about MSDs as some kind of a magical rate return, or like you say light money on fire, they keep forgetting about the time factor and opportunity cost. inflation does exist, funds can be used for any short or long term opportunity to make a lot more money than the theoretical rate, liquidity of your lease drops 90% and the whole point of getting a “hacker” deal is to have a liquid contract.
Why not take the MSD money and throw it at the principal of your mortgage. The amount of interest saved will dwarf the MSD rate gain.
Huh? So you’re saying that the whole point of getting a good deal on a lease is to swap out of it? I’m sure there’s a few car enthusiasts on here that do that, but this is far from the norm.
To each his own. The only negative of a lease to me is a long term contract. Just like with the money NOT used on MSDs and in my possession, I like having the ability to jump at any opportunity.
New cars , better deals. I am sure if we had the opportunity to sign 6-12 mo leases, most would jump at the chance.
I do not argue that swapping is the norm, just that the concept of MSDs is not that exciting for the amount of savings monthly. Paying any other revolving or installment debt and mortgage especially will have better results.
If one is flush in assets and no debt then a onepay lease is the better option anyway
The above is my opinion
How is onepay better when it only lowers the MF by .0003 instead of .00035 with 7 MSDs.
One pay is slightly better on audi, and I believe mb.
Yes, but we’re talking about BMW in this thread.