So you are saying your deals are negotiable?
We all know that everything is negotiable over drinks, But up front thatās what I can get on those specific models.
Hey, some people throw money out the window for sport. Knowing that the residual is lower on the 2020 and if I was in the market for such Iād be going for 2019.
More 50s to get rid of than 40s.
If I was betting, Iād say next month the RV is still higher on the 2019, but only by 1%, with a $5k lease credit on the 50s and $1k on the 40s.
So you predict a 1% residual value rise in 2020? Or a 1% drop for 2019?
I donāt know, 58% seems to be the sweet spot for BMW SAVās.
I expect a 1% drop in 2019s - I mean, how much longer can they keep this backwards, and the extra money in lease credits to mitigate.
Obviously just a guess and nobody knows outside of BMWFS.
As long as they like. The reality is they can forego some 2020 sales now and blow out the remaining 2019ās to support a permanent residual drop going forward by way of lease cash and keeping the delta currently observed.
Anyoneās guess. All in, Iām at 17.5% right now on a 40 along with base MF, the only incentive I actually qualify for is college grad. Maybe I can do better in a month or two (probably), but Iām happy where I am, so Iām taking it now.
The big difference right now is the $3,000 on X7 50is vs. nothing on any of the others (40i and 2020 models). I get that there is no M50i for 2019, but the difference with the residual and the incentive would be enough to make me move for a 2019 if I was in the market for one.
X7 aināt worth those #s. Look into a New GLS for those numbers to be honest!
If I was looking to overpay for a SUV right now. Iād be looking directly at the 2020 GLE 450 and its bouncy self.
Bmw will raise the 2020 residual once 19s are out
@212hackr - Just out of curiosity, is the 17.5% off on a demo or a new unit?
Thereās no guarantee of this.
Demo 101010
I was quoted similar on these as some X7s lmao. I hate my GLE as is, paying the last two payments, disposition fee, and saying adios.
17.5% on a new X7 isnāt going to happen unless youāre the GMās son/daughter. And even then itād be cheaper to write down a demo for them to use.
I have a few other X7 Iām eyeing, so I might swap out of this one if any of these dealers decide to get to my ask.
Agree
And I say this as someone who has contacted prob 1/3 of the BMW dealers in America.