Last post on Dec 05, 2013 at 10:43 AM
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BMW X5, Car Leasing, SUV
Sep 19, 2012 (11:17 am)
Just got my friend a deal on this X5 . Thought it was pretty amazing!
MSRP - $78,045 (Nappa Leather, M Performance Package, M Sport Package, 20" Wheels, Premium Package, Premium Sound, Technology Package, Luxury Package)
Selling price - $70,681
BMW Drive USA Credit - $1,000
BMW Loyalty Credit - $750
USAA Member Credit $1,000
App. Credit - $500
Final selling price - $67,431
Money Factor - .00145
Residual for 12,000 per year - 61%
Total due at signing - $3,656.72 (1st month payment $717.46, Bank fee $725, Taxes $1,963.76, Transfer plates $153, Doc Fee $75, NYS Insp. $10, NYS Tire Fee $12.50)
Monthly payment - $717.46 for 36 months.
CARMAN - What do you think? Good Deal??
#2056 of 2374 Re: 2013 X5 xDrive50i [insidecarbuy]
Sep 19, 2012 (12:10 pm)
That looks like an outstanding deal to me. Can you provide any further details on how the dealer was able to do this since it looks like the selling price before all of the credits was a few thousand dollars below invoice? I am looking at a 2013 X5 xDrive50i as well, but its MSRP is several thousand dollars less than the vehicle you described. Any additional information you could provide would be helpful. Thank you.
#2057 of 2374 Re: 2013 X5 xDrive50i [nd_irish]
Sep 19, 2012 (4:50 pm)
I shop very thoroughly and know what I'm doing! Its about $1,600 behind invoice. Invoice on that car is about $72,181.00
#2058 of 2374 Re: 2013 X5 xDrive50i [insidecarbuy]
Sep 19, 2012 (5:21 pm)
Based on the deal you got, I have no doubt you know what you are doing. Would you care to share any tips with the rest of us on the forum? What I have read here is that if you can get a selling price of invoice before other available credits, you are getting a good deal.
#2059 of 2374 Re: 2013 X5 xDrive50i [nd_irish]
Sep 19, 2012 (6:06 pm)
Find the desperate salesman! Sometimes I'll talk to 2 or 3 different salesman at the same dealership to see who really needs the business for the month. Someone who is trying to hit a bonus for the month and doesnt care about taking a mini commission and will work on your side to make the Manager see you can get the deal elsewhere and something is better than nothing!
Hope this helps - its one of my tricks!
#2060 of 2374 Re: 2013 X5 xDrive50i [insidecarbuy]
Sep 20, 2012 (4:04 am)
That is a great deal - I assume it was on a vehicle on the dealer lot?
When shopping for an X5d, about the best we could do on a custom order was $1,000 over (true) invoice as the dealer price, before subtracting the various credits. However, there were a couple of heavily optioned X5d's on dealer lots that we could have gotten at or below invoice, if we wanted to compromise on our option selections and color preferences.
It is possible to find extraordinary deals on hard to move vehicles. I referred a friend to a dealership that sold him a brand new 2011 535i manual transmission for $45,500 that had an MSRP of $59,500 and an invoice of over $55,000. It sounds like the dealer on this X5 5.0i was concerned that a $77k non-M X5 would sit for awhile and was willing to be aggressive in discounting. Good deal for you.
#2061 of 2374 Re: 2013 X5 xDrive50i [habitat1]
Sep 20, 2012 (5:12 pm)
This was a custom order - we ordered it about 5 weeks ago. What is (true) invoice? So on the car I got $78,045, I calculated the invoice to be $72,181. Is this right?
#2062 of 2374 Re: 2013 X5 xDrive50i [insidecarbuy]
Sep 20, 2012 (6:49 pm)
Would you be able to post which dealer this is?
#2063 of 2374 Re: 2013 X5 xDrive50i [insidecarbuy]
Sep 21, 2012 (5:25 am)
Edmunds invoice numbers don't include MACO and a dealer fee that varies by dealer and region. So what the dealer's invoice reads is higher by these amounts. I'm not sure what other kickbacks or credits the dealer got in order to give you a deal at well under invoice. BMW is in the process of redesigning the X5, and may have an excess inventory of 5.0 engines that they need to run through, so there may be some side deals going on. I'll ask the sales manager at my dealership.
So....more importantly, did you take delivery yet and/or are you picking it up at the Performance Delivery Center? That's free, but well worth about $2k in grins and experience by itself.
#2064 of 2374 Re: X5 Premium lease - help [snow26]
Sep 24, 2012 (3:35 pm)
Hi Snow26. This deal looks like it's at around $1,000 over invoice minus a ton of available cash incentives plus the use of the buy rate lease money factor and base acquisition fee. That's not bad.
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