BMW EV Inventory Levels

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EVs and BMW EVs more specifically appear abundant in the mid-west. Within 200 miles of me there are over 330 EVs not including Tesla, Rivian, or Lucid. Of which there are 30 2024 BMW iX listing (>70 - 280 days on the market), not many 2025s. Same for the i5 and i7. Three times as many i4s!

Fully on board trading the PHEV 530e (financed, not upside down) for an EV, just wondering how good the deals and discounts are (>12% before incentives)?

You can definitely get 12% pre incentive/rebate discount for an iX. May need to try a handful of dealers to get there, but definitely doable.

Both numbers are different for each model (percent discount and the amount of incentives available).

Which one are you looking at?

Click on Marketplace to see what’s being offered in the northeast for example.

Hint: The dealers who let them sit for 200+ days are not the ones discounting them.

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Mercedes Benz dealer in Plano is about to hit 500 days on some of their non-loaner 2023 S class. Still no discounts.

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I just took a peek… that is a lot S-Class units :astonished:

I miss pre-2020 leasing. I bought out my lease in '22 and after our second car died and we considered leasing something to replace it. Things have changed!

I’ve driven the iX and i7, so primarily those two. I know… I know… kind of different vehicles but both could work for me. Pros and cons to each.

Per Cox automotive mid year report, BMW has a 124 day supply EVs overall and I believe I saw numbers that the iX day supply was much higher for that model specifically. Haven’t seen anything on the i7, but the supply is likely in your favor.

This week BMW reduced the iX RV by 1% (I was looking to get one this week but broker couldn’t get them to agree to do a pull ahead on last 3 months of current lease @ proposed terms), which my uneducated brain assumes they’re projecting future reduced msrps and/or higher rate of depreciating — I humbly don’t know if that’s right though.

The lowest payment will be on an IX loaner, where-as the I7 payment will probably be almost double and loaners are much harder to find. The higher center of gravity with the IX is noticeable when driving it. I do prefer my I5 to my IX, it just drives better all-around, but no direct experience with the I7. If you are value shopping, the decision is easy, especially once you load up the I7 with the rear screen.

No need for rear screen, don’t have many rear passengers.

I’ve driven both, i7 is AMAZING but leaning more toward value and could use an SUV for the next 2 years or so. Get an i7 after that.

i7 payment depends on if you have loyalty.

It’s $5,000 if not mistaken - and I do quality.

For a total of $14,900 in incentives.

Is the leash cash on loaners still $5900 for iX/i7 and $7500 on i4/i5?

Yeah, one trick is to keep an eye on those VINs to see when they get dealer swapped far out of the DFW zone. Whichever dealership takes on that inventory may still be able to lease the vehicle since it wasn’t titled for personal or business use yet.

But the 2023 model year lease support is probably over already. Who knows.

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Presumably you were getting a loser deal and you wanted them to pay another 3 months of your lease on top of that? Are you sure you’re being realistic with your broker?

My current lease aside, it was a very good deal and the broker did their best to bake my lease takeover into the terms. Bit more of my misunderstanding /ignorance on lease pull ahead programs in thinking they were universal at all BMW dealers. The additional cost to get into an iX now vs Sept just didn’t seem worth it, especially with the market outlook. Decided to gamble waiting it out to finish out my current lease to save $ instead of being impatient.

Yes, waiting likely makes sense.

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Plano MB right now

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Man, if you got Midjourney, your meme-game is going to the next level.

Just in time for you to become a LH broker.