BMW i7 deal evaluation

Hi!

I’m looking at getting a custom built i7 e50 and curious if this is a good deal, or if I could do better by bugging more dealers. This is built to order and will be built in Nov or Dec:

3 yr, 12k per year
MSRP 135,195 after delivery
Rebates:
9,900 general bmw
3,000 loyalty
1,000 college grad (masters :))
(So 13,900 in rebates)
Dealership discount: 12% off MSRP
$16,223

Selling price: 105k (about 23% off msrp?)
MF is marked up 20 pts to 0.0017

Payments:

$1,290 before tax
5k drive off

So how long is the time between the order and delivery?

I was also curious so put it into the calculator: CALCULATOR | LEASEHACKR

I do not have any insider knowledge but I feel like these big sedans are generally hard to move and maybe that means room for deal-making…

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Time should be about 2-3 months based on what I’m hearing.

Was there much back and forth to get to this pricing? Or was it the quote right off the bat.

Decent amount of back and forth from one dealer, and when I tried another they matched it right off the bat. A few other dealers dropped out at anything above 6%, especially on a custom order.

I’m actually happy buying from anywhere in the country and shipping if it gets me cheaper bottom line.

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How loaded is this i7 50e??

The one we’re building is like 115K

I feel like 12% might actually be decent. But maybe someone more plugged in to i7 sales can chime in.

Essentially fully loaded minus the screen.
We were considering moving up to the e60, but it was around an extra 200ish per month and we couldn’t tell much acceleration difference when not using boost. Plus we have a Taycan for when we wanna go super fast.

(What discounts are you seeing on the ones you guys are working with?)

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12% is very strong. For in stock cars 9-11% seems to be where we can move them with the lower range of that for custom builds most often.

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So what color are you planning for a custom order? :sparkles:

Hard to recommend a product at double the effective payment over its most obvious competitor

I’ve only seen one i7 in person but I think it looks a ton better than the EQS, and if it’s like the iX versus EQ SUV’s it probably drives better too. For me the iX was worth a few hundred more than the EQE SUV but not sure an i7 is $500/month better than an EQS?

Just looking purely at numbers it does seem like a strong deal. The fact that another dealer instantly matched it makes me wonder if there’s some more wiggle room.

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The EQS competes with the i5/iX at best. :face_with_hand_over_mouth:

For those who haven’t done an overnight or weekend test drive with an i7 and are looking for a real Luxury BEV. Do it.

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This!
We tried the EQS and it felt way more plastic to us then the i7, felt more in line in with i5.
The i7 is way the hell too larger, but it’s so amazingly soft and comfortable inside

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That’s my thought also, so curious if anyone has done better on an order.
12% seems quite good, but I’d be happy to hit 15 :wink:

Bugging more dealers right now will get you the best discount available right now.

I’ll say the same as I said about the iX in, what was it, March. There’s almost no market for these at these current prices. Either customer facing rebates will improve or trunk money will. Effective payments will have to come down.

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I would look into the cost of buying the mileage up front, which involves an RV hit, versus just paying for the excess mileage out of pocket. At these MSRPs, the RV hit is usually the greater cost vs buying more miles you may or may not need (which BMW permits incrementally over the term of the lease). Have you looked into MSDs?

I’ve been looking and have not seen a discount over 12%.

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11% is already a loser deal inc hold for most stores due to dealer pack (operating expenses) which often exceeds $1,000 nowadays.

Just a stat for the sake of a stat.

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BMW allows extending it during the lease?
I did the math and 10000–>12000 costs $5,187 vs $6,000 for overage. So the math is relatively close. When it comes closer to signing I may do more math on all the lease options.
(Basically, if I drive 33,000+ it’s cheaper for prebuying the miles, but this also doesn’t factor in the time value of money either).

I think MSDs don’t make sense at the current interest rate, do they?

If you need 12K sign up for 12K. The residual point is still cheaper than the overage.