Last post on Dec 10, 2013 at 7:37 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW X5, SUV
#2500 of 2564 2013 BMW X5 Price
Sep 23, 2013 (12:26 pm)
Well, I was able to get the selling price of a 2013 X5 Premium w/ Convenience Pkg, Cold Weather Pkg, Running Boards, & Satellite Radio with an MSRP of $61,370.00 down to $54,485.
This is $56,485 invoice minus the $2000 "Build Out Credit" incentive. Current BMW drivers qualify for an extra $1000 ($53,485).
Dealer is Wide World BMW in Spring Valley, NY.
Working the trade in value has proven much more difficult than expected. They've only offered $37,500 for my Mom's 2011 V6 Porsche Cayenne with over 56,000 miles on it.
#2501 of 2564 Re: 2013 BMW X5 Price [nyccarguy]
Sep 23, 2013 (1:10 pm)
Trade in is where they always get you. But don't forget about the tax shield benefit (tax rate * trade in value) which you need to factor into the analysis.
#2502 of 2564 Re: 2013 BMW X5 Price [nyccarguy]
Sep 23, 2013 (2:10 pm)
Trade in is low but with tax shield you will be only paying ny tax on about 16k so you will save some there. I would think 39k would be a good price on the 2011 Cayenne. Thats how these dealers get you.
#2503 of 2564 Re: 2013 BMW X5 Price [brian125]
Sep 23, 2013 (2:52 pm)
Yeah, it's funny Brian. $39K was the solid number I thought I was going to get from my research. The dealer has to make money somewhere. Used cars are where it's at nowadays. Unless you have a "low mileage creampuff" you aren't getting what you want because they do seem to be "givin" the new ones away.
#2504 of 2564 Re: 2013 BMW X5 Price [nyccarguy]
Sep 23, 2013 (4:26 pm)
Look at it this way. Unless someone is looking for that specific SUV who is giving you that kind of money today. You make some of the difference up on the new car side of this deal . You or your mom are going to love this X-5.
#2505 of 2564 Re: 2013 BMW X5 Price [brian125]
Sep 23, 2013 (7:21 pm)
Absolutely. I'm not about to list her Cayenne for sale on My parents are buying the X5 for my Mom. $60K luxury SUVs are out of my price range. I've got a 3 series for the next year, then am looking for something more pedestrian when the lease is up.
I've been following your posts on the Accord "prices paid" forum. You have some excellent ideas!