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So, you are only really gaining about 2 yrs and 21K miles of warranty..
Also, be aware that unless you pay for an extension, the "free maintenance" plan will expire at 4yr/50K. That doesn't come with the CPO warranty.
Also.. the dealer may not be paying the same amount for your car as you would... He may be getting more than $3000 out of the deal.
Is it a good deal? Hard to say...
regards,
kyfdx
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To build on what kyfdx said about what the dealer is paying for the car.... The residual lease-end value that you are quoted from BMWFS (pre-determined at beginning of the lease) is probably not the same as what they will buy the car for from BMWFS.
Since you are way under your miles, BMWFS will take this into account and it'll actually cost the dealer more to get a car with low miles. BMWFS uses average Manheim values to determine what the dealer can buy the car for. They adjust for miles, so they'll pay more for a low-mileage car and less for high-miles.
The one thing BMWFS does not adjust for is options.... So whether your car is a base car with manual transmission, leatherette or if it's loaded with sport pkg, navigation, it won't make a difference in the price the dealer buys it for from BMWFS.
He does have a point, but it doesn't sound like he expressed it very well. There are definitely a lot of people on here that brag about a particular deal they got that you know are embellishing the details. Most of the regulars on these boards established that a long time ago.... Regardless, that salesperson could have said it a little more tactfully.
Price rebates or incentives
Low money factors (for lease)
cheap financing
some or all of the above
I am looking to lease or buy a X5 3.0 and want to make sure i know when to start getting the deals on these
Thanks
thanks
'06 X5 4.4i
Jet Black
Beige Leather
Premium Package
Cold Weather Package
Navigation
Rear Climate Package
Heated Steering Wheel
MSRP: $59,895
Dealer is currently offering it for $57,995, which I think is too high. How much do you think I should be shooting for?
I was thinking of having him put in an offer of $56,000ish and seeing what they say. Is that too much of a lowball offer? Thanks!
P.S. This is in the Philadelphia area.
thanks
I was also interested in possibly leasing an 2006 X5(4.4i, metallic black, and a premium package only), and would like to know the money factor and residual value numbers for this vehicle.
thanks
2006 Jet Black X5 3.0 with the following package:
-Steptronic Auto
-Premium Package
-Sport Package
-Navigation
-Panorama Moonroof
-Xenon Headlights
-BMW Assist with Bluetooth
-Park Distance Control
Based on 36 Month Lease from BMWFS with 12K Mi/Yr:
Price : $50,600.00
Acquisition Fee : $ 825.00
Total Cost : $51,425.00
Cap Cost Reduct : $ 1,500.00
Money Factor : 0.0024
Monthly Payment : $ 798.59
Residual Value : $31,665.30
Hope this will help you. Good luck!
i just got my offer for the 4.4 x5
MSRP 64000 selling price 57200 MF 1.9 Residual 59%
monthly of 724.84 + tax for 12k per year 36month
what do you and others think about this deal?
I was wondering if there are any incentives currently offered on the 2006 X5 3.0? If yes, then do they apply to the CPO purchases too?
Thanks
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Also 2006 has DVD's in headrests and I did not see that offered in the brochure for the 2007 X5. Does anyone know if there have been problems with the DVD in headrest? Has it been discontinued for a reason?
Thanks
They just arrived at local BMW dealer yesterday and were serviced and ready to drive today.
We are just smitten. Local dealer says absolutely no discount folks standing in line to get one and so forth.
Would appreciate hearing from anyone that has ordered one if we can negotiate any off at all.
What prices are folks paying?
The new X5 is very impressive.. They had a loaded 4.8 model and a fairly loaded 3.0 model in the showroom. The 3rd-row seat option is $1750!!
I didn't see the MSRP on the V-8 model, but the 3.0 was around $54K..
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I drove the Mercedes ML and GL last week also and the 06 x5 drives about like the ML....the 07 X5 especially the V8 drives like the GL450 only sweeter. The cabin just seems way cooler than the Mercedes!
Unfortunately, the MSRP is 54,500 on the 4.8i
but with all the added "stuff it is pushing 62K.
They say they won't discount it any at all!
I would so appreciate hearing from anyone else that has bought /is buying one if they have been able to negotiate anything off sticker....
Need to know quickly we have the fever and they will sell that car quickly cause it's a brand new toy!
Yes Please! Just got off the phone with the dealer who says well they might knock of a thousand just as a courtesy to us but they are selling at full list. I have heard this from one other dealer I contacted also.
Are you in the Mid West I think?
I would appreciate info on where and if you are ordering what delivery date or is it on a car that is in stock?
Thanks
I am trying to get a best deal for 2007 X5 4.8 but dealer is telling me people are paying sticker for this car. Some dealers did offer me $1000 but I walked away. Can you please share where you are getting your car from and the delivery date?
Thanks,
Help. We need to make a decision before the end of the year because of a tax incentive and our local dealer only has presold units coming in except for the lauch vehicle they have now but we have to move quickly to make a decision before someone else buys it.
Thanks
If I remember right, I think (not sure though, you would have to ask)they can even drop ship to your local dealer so you wouldn't have to make the trip to IA if you're on the coasts. Or even better, setup an appt to take delivery in SC.
Hope it helps.
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Thanks
We called about 7 dealers around New York Metro, and visit 3. $2000 off MSRP is the best we can get.
Thanks!