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
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.