Quote:
Originally Posted by MrPorter
Detailed spreadsheet is up above. TBD on whether I can use the OL code for an additional $1K, and the BMW CCA $500 rebate will also come back to me.
So if I do that math, ignoring the lease aspect:
MSRP: $67,270
Dealer Discount: -$7,399
Confirmed Lease Incentives: -$1,500
Potential OL Code: -$1,000
BMW CCA net discount after membership fee: -$366
______________
Total Cost before tax, etc.: $57,005 (15.2% off MSRP)
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Excellent.
I've been wondering why we're suddenly able to get such substantial discounts on these cars. I had a theory about pre-order triage and wondered about the impending effect of US/EU/China tariffs.
But now I think it's good ole economics: supply and demand. Today, the
WSJ reported:
"[BMW's] net profit dropped 6.4% from last year’s second quarter to €2.06 billion ($2.40 billion), with sales 2.9% lower at €25 billion."
X3 is a huge winner for BMW at the moment and they clearly want to pump up revenue. So, they're expanding capacity and putting serious money on X3 hoods.
I gotta say, it feels like a golden moment to buy one of these things. Deep discounts on nearly brand-new, high-end models (which, apparently, have plenty of profit margin) don't come along every day. It looks like declining sales and trade-war uncertainty are working for us.