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Prices Paid: Buying & Leasing Experiences BMW X5 Prices Paid and Buying Experience
1385 messages, Last post on Dec 05, 2009 at 3:07 PM
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Replying to: gadcar (Jul 16, 2009 9:05 pm)
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Replying to: zgu (Jul 20, 2009 2:55 pm) the X 5 diesel.
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X5 35d diesel with technology package. Edmunds MSRP is $54,625, and the best offer I can get is $48111 OTD. I have 6.9% sales rate, so the price before tax and registration is roughly 44,800, which is about 1k below invoice ($50,295) minus incentive. I think it's a good price. Should I go for it?
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Replying to: hardamethyst (Jul 29, 2009 7:09 pm)
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Replying to: bond007jb (Jul 30, 2009 1:10 pm)
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How often does BMW offer incentive or cash rebate? Is this good time to buy 09 X5 now?
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Replying to: suv4x4 (Jul 30, 2009 3:23 pm) If you are interested in a new 2009, then this is a good time to buy it. 2009 production ends in August. The dealers should deal on the remaining 2009s. There is $4,500 cash from BMW if you take delivery of an X5 diesel by August 31. The times of year when BMW usually has significant lease incentives (in normal, non-recession years) are: - December sales event - End of the model year (Summer for the current model year) - At the end of the 7th year of production, which is the last year before transition to the new model.
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Replying to: anon3 (Jul 30, 2009 6:20 pm) Never drive a diesel car before, I don't know how's resale value in the future. I'd better wait for next incentive for gasoline engine. Were there any $4500 cash incentive from BMW for 2007-2009 gasoline X5? |
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Replying to: hardamethyst (Jul 30, 2009 1:42 pm)
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Replying to: gadcar (Jul 21, 2009 8:49 pm) Note that BMW will tell you that leased X5 diesels are NOT eligible for the $1,800 tax credit. I asked my sales person to research this with BMW North America and they provided paperwork that confirms their statement. It also says that on BMW's web site. However, the IRS says different: "For a taxpayer to claim the credit, the original use of the vehicle must begin with the taxpayer and the vehicle must be acquired for use or lease by the taxpayer and not for resale." This statement is from the IRS bulletin for Qualified Advanced Lean-Burn Technology Vehicles that identifies the X5 diesel as being eligible for the tax credit. Fueleconomy.gov has similar language and refers to the IRS bulletin. So BMW is point blank wrong with their statement that a taxpayer can't claim the tax credit after leasing a diesel X5. However, BMW will also tell you that claiming the tax credit is up to the tax payer, so they're not stopping you from claiming it. |
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