My selling dealer gave me a quote with 18k miles so I have to assume it is possible. They quoted me $1050/mo @ 39mo with $3500 DAS. I really want to be under $1k, it wasn’t that long ago that a $1k/mo payment was a really nice car like an M5, 750i, S Class, etc.
1 Like
Regardless of distance, are X5 holding enough value that you can get customers out early without owing? Wouldnt the deal work like a normal local deal- show up with car, sign papers, leave old car and drive new car home?
Sometimes, yes. It also depends on what you paid for the 2021/the total of the payments remaining on top of the residual and how much you owe. I do still have dealerships asking me for trade-ins on things like X5s though.
1 Like
payment is $837/mo (inc MI 6% tax) and there are 6 payments left
I still think you’re best off selling it locally and not factoring it into the deal on a new X5. However, at this point, I’m very limited on what I have left.
OK, thanks. I’ll look into that option. By then I’ll be looking at a 24, dont think the leftover 23’s will last.
I haven’t had any 2023s in months.
Looking at x5-50e M sport 2024
BMW Fin Svcs Approved - no terms or tier provided yet
What is current MF that I should go after? and what’s RV?
Purchasing in NH
MSRP on my build out says 89,900
no sales tax
UPDATE: Deal Check - See Attached X5 xDrive 50e M Sport (2024) NH
How do we feel about this deal -
I asked for $0 drive off
they inserted $3K and said “this includes first month and all fees” …doesn’t seem so to me.
First month should be in a separate line itemized, right?
Please give any and all insights.
Youre a super supporter, so you have access to rate findr, which is the easiest way to get that info. Just click the calculator button at the top of the page.
4 Likes
Appreciated. Found it. New supper supporter here. Cheers
1 Like
Keep us posted with what you end up finding. I live in NH and will be looking for the exact same car in the next month or two so very curious to hear how it goes.
I could save you some time… your not gonna like this lease program. Better to buy, given rebates & how well they hold value.
1 Like
Tell me more about “you’re not going to like this lease program”? The money out over 36mos at 10K miles is $57.6K w/ a 52 RV and a base MF .0021 /5.04% vs purchase at 5.99%* based on the stats $105K give or take. I guess logic would assume I’m going to take the same deal level twice in a row which would mean I should prob get the M60i at that rate. lol
Seems like I would make out barely ahead based on RV? Of course not lowest MF in the world and I imagine they will want some on the top.
Always curious about more insights though let me know how I might be thinking about this lease
So far I’ve got 52% RV with .0021 base MF out 03060
I think you answered your own question here.
A 52% RV is way low for an X5. This vehicle will outperform the RV, meaning you will have equity locked in the asset which you will need to get out. Historically, BMW’s have leased well because the lease programs featured inflated RVs, but no longer.
The MF is also high, which can be brought down into a more reasonable range with one-pay or MSD options, but you should be able to find traditional financing in the 4’s. You are paying alot of rent charge on the lease, which is also not conducive to good value.
The discount on this model is also slim, if you get a discount at all. Very few incentives are being offered or passed through. BMW is getting the rebate but not passing it on.
The RV comment, the second line in the second paragraph, and the last line of the third comment on rebates are great additional insights thanks. I currently have a discount on the table of 2.75% for the lease, 3.5% if financing. Too slim?
11 posts were merged into an existing topic: Off Topic Landfill 5
Deal Check 2024 BMW X5 xdrive40i with M Sport. Sticker Price $74, 695.00, Selling Price $70,850.00 , 36 months, 12k miles per down.
That money factor is impossible. If that’s what you need to make the deal match, they are doing something on the back end to mess with the deal.
1 Like
Ask yourself if paying more than $50,000 to drive a $75,000 vehicle for 3 years makes any sense. You could finance it over 5 years for equal to or less than this.
3 Likes