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2024 X5 release date

DjedefriDjedefri Member Posts: 8
edited April 2023 in BMW
New X5 was revealed, with manufacturing expected to begin in April. What is the earliest it can be available for purchase and can it be preordered? Thank you
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    kyfdxkyfdx Moderator Posts: 238,864
    Djedefri said:

    New X5 was revealed, with manufacturing expected to begin in April. What is the earliest it can be available for purchase and can it be preordered? Thank you

    Sorry, we don't have any information about availability. But, they are assembled in SC. If they are truly starting in April, I'd guess you could order starting in March, at the latest

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    DjedefriDjedefri Member Posts: 8
    kyfdx said:

    Djedefri said:

    New X5 was revealed, with manufacturing expected to begin in April. What is the earliest it can be available for purchase and can it be preordered? Thank you

    Sorry, we don't have any information about availability. But, they are assembled in SC. If they are truly starting in April, I'd guess you could order starting in March, at the latest
    Thank you
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    itsallgood1273itsallgood1273 Member Posts: 9
    I chatted with the dealership in Scottsdale and they are taking orders for the 2024 X5 now and said they expect to start receiving them the end of april/beginning of may.
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    kyfdxkyfdx Moderator Posts: 238,864

    I chatted with the dealership in Scottsdale and they are taking orders for the 2024 X5 now and said they expect to start receiving them the end of april/beginning of may.

    Thanks for the info

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    dawilson56dawilson56 Member Posts: 42
    I’ve talked with two dealers in two areas of the country. Both say ordering is available. They are not, currently, crediting the lease with $7500 like they do with the iX…. Yes, you can configure an X5 for less than $80k….
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    MichaellMichaell Moderator Posts: 242,539

    I’ve talked with two dealers in two areas of the country. Both say ordering is available. They are not, currently, crediting the lease with $7500 like they do with the iX…. Yes, you can configure an X5 for less than $80k….

    That may be due to the uncertainty of the IRS rulings on the eligibility of some models...

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    dawilson56dawilson56 Member Posts: 42
    There is definitely uncertainty. BMW is giving a $7500 lease benefit for the iX and we all know the iX is priced well over $80k. My SAs said the car will qualify for the tax credit. Whether you can take the credit or not will depend on the AGI levels on your tax returns for 2022-2023.
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    kyfdxkyfdx Moderator Posts: 238,864

    There is definitely uncertainty. BMW is giving a $7500 lease benefit for the iX and we all know the iX is priced well over $80k. My SAs said the car will qualify for the tax credit. Whether you can take the credit or not will depend on the AGI levels on your tax returns for 2022-2023.

    If you lease, you can't claim the credit. The only way to receive it, is if BMWFS passes it along as a rebate/incentive.

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    dawilson56dawilson56 Member Posts: 42
    Agree. Just curious to know if BMW is passing it along? Currently the SAs say no…. Other manufacturers are doing that. I’m curious to see what specials are available in April.. Thanks. Love this forum
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    MichaellMichaell Moderator Posts: 242,539

    Agree. Just curious to know if BMW is passing it along? Currently the SAs say no…. Other manufacturers are doing that. I’m curious to see what specials are available in April.. Thanks. Love this forum

    March programs for BMW expire on 4/2, and the new prorgrams will be released on 4/3...

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    dawilson56dawilson56 Member Posts: 42
    Thanks
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    EdarmerzaEdarmerza Member Posts: 10

    Any idea on what the residuals and money factor would be or too soon?

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    kyfdxkyfdx Moderator Posts: 238,864
    Edarmerza said:

    Any idea on what the residuals and money factor would be or too soon?

    No 2024 model info for April. No ETA

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    EdarmerzaEdarmerza Member Posts: 10
    kk gotcha... I ordered one a month ago and it looks like its going to be here this weekend as per my sales rep. It was dispatched from the factory today, as per MyBMW website.
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    dolce02dolce02 Member Posts: 25

    Any updates today on 2024 X5 lease rates for April?

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    MichaellMichaell Moderator Posts: 242,539
    dolce02 said:

    Any updates today on 2024 X5 lease rates for April?

    No 2024 model info for April. No ETA

    If we haven't seen them already, it's pretty likely they won't drop this month.

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    dolce02dolce02 Member Posts: 25

    @Michaell said:
    No 2024 model info for April. No ETA

    If we haven't seen them already, it's pretty likely they won't drop this month.

    We have a scheduled pick up in SC in two weeks. Prelim numbers quoted by dealer MF .00225 and residual 55% for 36/10 on a 2024 M60i

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    MichaellMichaell Moderator Posts: 242,539
    dolce02 said:

    @Michaell said:

    No 2024 model info for April. No ETA

    If we haven't seen them already, it's pretty likely they won't drop this month.

    We have a scheduled pick up in SC in two weeks. Prelim numbers quoted by dealer MF .00225 and residual 55% for 36/10 on a 2024 M60i


    I’ll bet that MF is marked up the maximum allowed.

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    kyfdxkyfdx Moderator Posts: 238,864
    dolce02 said:

    @Michaell said:

    No 2024 model info for April. No ETA

    If we haven't seen them already, it's pretty likely they won't drop this month.

    We have a scheduled pick up in SC in two weeks. Prelim numbers quoted by dealer MF .00225 and residual 55% for 36/10 on a 2024 M60i


    If the quote was from last month, then it's likely the money factor has dropped from .00185 to .00165. (but, yes, your quoted MF is still marked up).

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    dolce02dolce02 Member Posts: 25

    @kyfdx said:
    If the quote was from last month, then it's likely the money factor has dropped from .00185 to .00165. (but, yes, your quoted MF is still marked up).

    Thanks - what I figured with the MF. Will push on that a bit to see.

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    cookieyhcookieyh Member Posts: 7
    edited April 2023
    I received the lease offer below from my dealer (zip: 08540) today for 2024 X5 xDrive 40i, 12k/36m

    MF: 0.00205 (0.00185 with high credit score)
    RV: 51%
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    MichaellMichaell Moderator Posts: 242,539
    cookieyh said:

    I received the lease offer below from my dealer (zip: 08540) today for 2024 X5 xDrive 40i, 12k/36m

    MF: 0.00205 (0.00185 with high credit score)
    RV: 51%

    .00165 is the base MF for the month of April.

    So, they're still screwing you, just not as much.

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    kyfdxkyfdx Moderator Posts: 238,864
    The new 2024 X5 lease question discussion is now open.

    Click here for the discussion

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