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BMW X5, SUV
#1319 of 2562 Decent deal? How much better available?
Sep 20, 2009 (6:18 am)
Dealer in NJ:
BMW X5 2010 xDrive35d
Premium, Technology, Rear Climate, Heated Front Seats, iPod and USB Adapter, Running Boards,
Comparably equipped 2009 model
but there are changes to the 2010
Edmunds claims others are paying $52,858 but dealer is offering 54,000 (after 4,500 eco-credit) claiming the diesel are orders and therefore require an allocation. The allocation is important apparently because if you don't use them, you won't receive them the following month. That however seems to indicate a greater willingness to discount unless I'm missing something?
Does anyone know what the 2010 invoice listings are? It's very difficult to evaluate the offer otherwise. Thanks!
#1320 of 2562 Re: Decent deal? How much better available? [fredsco]
by kyfdx@Edmunds HOST
Sep 20, 2009 (6:33 am)
The allocation thing is just a ruse to confuse you... If it were true, then your supposition would be correct: They would have more incentve to move the car to preserve their allocation.. (allocations aren't really determined on what you sold last month... they are longer term than that).
When a manufacturer is putting a substantial rebate on a certain model, you can be sure that they are having trouble moving that model.. In those cases, the dealer discount should be substantial.
I haven't seen 2010 invoice prices, except on the X5 M model, but on the '09, the spread between MSRP and invoice is about $4800 on an X5 diesel that has an MSRP north of $60K.
If it were me, I'd want a discount of at least $3500, in addition to the $4500 rebate.. That's $8K off of MSRP.. (at a minimum) Since the 2010 models just came out, reality may not have set in, yet... If you can't get that number, I'd wait it out for a little while..
#1321 of 2562 Re: Decent deal? How much better available? [fredsco]
Sep 20, 2009 (6:40 am)
always the same story from Jersey, those dealers are god awful. All they want to do is separate you from your money. Anyway, invoice pricing is out there - check bimmerfest
#1322 of 2562 Re: Decent deal? How much better available? [timatlanta]
Sep 20, 2009 (9:01 am)
Just check post 1296 and a few before!
#1323 of 2562 Re: Decent deal? How much better available? [fredsco]
Sep 20, 2009 (6:11 pm)
Thanks very much for the insights and help. Those were similar to my initial thoughts. I figured I should be around 52.5K +/- 500. I think I can make it happen.
Sep 21, 2009 (9:10 am)
I recently ordered a 2010 SAV diesel. Does anyone know when delivery will begin?
I was told production would not start until 10/1.
#1325 of 2562 Re: X5 diesel [alan39]
Sep 21, 2009 (9:35 am)
2010 X5d production begins the week of 10/4/09.
#1326 of 2562 Re: X5 diesel [00boxsters]
Sep 25, 2009 (10:04 pm)
Hey all! I found a 2009 BMW X5 3.0 demo car from the dealer. Car has 2,671 miles on it and has premium package, tech package, and ipod integration. Dealer is asking 50,900 which I think is defly too much. What do you think a fair value for this car is? Please let me know ASAP! And thanks in advance
#1327 of 2562 Re: Decent deal? How much better available? [kyfdx]
Sep 27, 2009 (7:09 am)
On the 2010 X-5 deisel: Offered a dealer here (NC) invoice minus $4,500 yesterday since obviously I want that money too. So my offer was $58,100 (invoice) +$875 (delivery)-$4,500 = $54,425. I was hoping they'd counter-offer at $1,000 above invoice and then hopefully we'd settle at $500 above invoice. I was told their 2010 allocation was "sold out" and that I wasn't even in the neighborhood with my offer. No counter-offer whatsoever. May have to wait this one out for some months. Perhaps they'll be more open to dealing during the holiday season. We'll see.
I am contemplating using CarBargans.org to make sure I get the best deal in this region. For $200 they'll get you bids from 5 separate dealers. If there are dealer incentives that are unseen by the public, hopefully that will flush them out. Again, may be better to await a more opportunistic time of year (i.e., near the end of December).
#1328 of 2562 Re: Decent deal? How much better available? [bro1o3]
Sep 27, 2009 (9:20 am)
I think that this is the issue you are starting to see. The allocations of 2010s are being taken up by the $4500 incentive. The risk you run is the $4500 expires and its not such a good deal anymore..