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BMW X5, SUV
#1247 of 2455 Re: BMW incentive/rebate [suv4x4]
Jul 30, 2009 (7:20 pm)
The value of incentives vary from month to month and occur at different times during the model year, but incentives are different this year because of the recession.
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.
#1248 of 2455 Re: BMW incentive/rebate [anon3]
Jul 30, 2009 (8:01 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?
#1249 of 2455 Re: Good deal on X5 35d? [hardamethyst]
Jul 30, 2009 (8:41 pm)
What dealer did you use? I am looking for one myself, but the ones around NY did not have any diesels in stock for me to test drive...
#1250 of 2455 Re: fair price? [gadcar]
Jul 31, 2009 (9:53 am)
"You can also get $ 1800.00 tax credit for the X 5 diesel."
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.
#1251 of 2455 Base X5 for 45k + tax +DMV - good deal?
Aug 02, 2009 (9:48 pm)
I am looking for an X5 diesel and the best offer I could currently get is a base model (no features or packages) MSRP 52k and offered at 49.5k - 4500 diesel credit which boils down to 45k flat.
Is this a good deal? I am located in the BayArea but willing to travel for a good deal.
Thanks for your help!!
#1252 of 2455 Re: Base X5 for 45k + tax +DMV - good deal? [bb97]
Aug 03, 2009 (8:49 am)
A dealer told me that he can sell me a 3.0i(gasoline) with premium and cold weather package at invoice + $500.
#1253 of 2455 Re: Base X5 for 45k + tax +DMV - good deal? [suv4x4]
Aug 03, 2009 (9:16 am)
Yeah, the gas engines are always cheaper. I am set for the diesel - have been driving diesel in Europe and it is just such a nicer engine (torque + good fuel economy).
The invoice for the 3.5d is $47,285 which my current offer beats - I get 49,449 - 4,500 which comes down to $44,949 (+tax,dmv). Still, this is a basic model. I am wondering if there are deals out there like the one from a few posts ago where a $63k X5 was offered at $50k. I would be willing to spend an extra 5k if I get the car almost fully loaded.
#1254 of 2455 Re: Good deal on X5 35d? [anatolych]
Aug 03, 2009 (10:37 am)
The dealer is in MO, quite far from you. They only have two in their lot. The one I ordered is in production now.
#1256 of 2455 BMW X5 35D How much should I pay
Aug 04, 2009 (3:22 pm)
I am in the initial phase of shopping for a BMW X5 35D. I was hesitant about a deisel, but think the reviews are good and incentives make it more attractive.
If anyone could tell me what I should pay for a base model w/ sport package it would be greatly appreciated. I believe the MSRP for this option is currently around 55K without the $4500 "Eco-rebate" BMW is offering thoughout August 09.
Thanks for your input.