Deal Check: 2020 BMW X7 M50i

Ask the Hackrs
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1

Hey All,

Take a look at these terms and see what you think. Maybe I’m just being greedy - but I’m not “thrilled” by this deal even though it’s the best that I’ve been able to attain so far after about a month of searching in and out of state - which leads me to thinking that maybe it’s not that bad after all…at least for an (almost) fully loaded X7.

MSRP: $115,545
Discount: $10,587
Rebates: $2,000 (Loyalty and current BMW X7 incentive)
Sale Price after Rebates: $102,958
Fees: $572.15 (Doc Fee and “Nationwide DMV” fee due to out of state transaction)
Deposit (Down Payment): $2,000. Putting this down to hold the vehicle until May incentives are released and then it will be converted into a down payment. Hope being May incentives get better. Otherwise, I’ll at least be locked into April’s.
MF: .00118
DAS: Will have already wired over the deposit so it would be just FMP and Fees
Taxes: 7.96%

Monthly Payment after tax: $1,370

What do we think?

Thanks,

Basher

2

Discount is low compared to what we’ve seen many of the brokers offering.

3

Could you point me in the direction of a broker post for comparison? I’m not sure how much the discounts vary between a 40i, 50i or M50i…but I haven’t been able to find any broker posts specifically for a M50i.

4

Contact @Bacons_C.C

5

When you say monthly payment after tax, you mean tax included or you paid taxes up front?

6

The $1,370 includes the 7.96% tax as it’s levied monthly.