12-08-2023, 01:40 PM | #2773 |
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Didn't really try doing a MY24. Dealers around me are dumping inventory of their 23s and rates are finally going down to where I can somewhat stomach it.. Are there any differences I should be aware of from MY23 to MY24? Was there an LCI jump?
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12-08-2023, 01:59 PM | #2774 | |
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All things being equal, a MY24 will always be worth more than a MY23 purchased at the same time (think resale value). It really depends on how much discounting is available on the MY24. Can you share the build of the $58k MSRP xDrive30i? It must be fully loaded to be touching the price of an M40i! FYI: the LCI happened from MY22 |
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12-08-2023, 02:11 PM | #2775 | |
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This build has shadowline, m sport, parking assistance, premium, remote engine start, wireless charging.. there might be more. |
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12-08-2023, 02:16 PM | #2776 | |
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Make sure you're ok w/not having passenger lumbar support as you have been warned! I don't know if you consider yourself an audiophile but the standard HiFi audio system is straight garbage (wish I could go back in time...)! |
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12-08-2023, 02:34 PM | #2777 | |
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12-08-2023, 05:23 PM | #2779 |
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For me there's no difference between 23 and 24 beside the MSRP. If you are not worry about the resale value and was able to get discount on 23, I would say you make a good purchase, congrats and enjoy!
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2004 Toyota Vios | 2004 BMW X3 | 2007 Chrysler Town and Country | 2007 Ford Escape | 2008 Honda CRV | 2017 Nissan Versa Note | 2017 Toyota RAV4 | 2017 Toyota Yaris iA | 2019 Porsche 911 | 2023 BMW X4 M40i
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12-13-2023, 05:55 PM | #2780 |
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What's up. Im new to the forum, long time lurker.
Looking to get into a 2024 X3 30i, it's loaded with M package. I'm hoping somebody here and help my smooth brain understand If the lease residual is calculated on the MSRP, where does the sale price come in? I got quoted the following in SOCAL 7.5% tax, I forgot to ask the MF that is where they are getting me probably. I thought the sale price was great, but they are screwing in the other numbers. MSRP = 56070 Sale Price =52000 Residual = 57% Down Payment = 3895 Monthly = 771.00 What you guys think of the numbers? |
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12-14-2023, 08:57 AM | #2781 | |
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12-14-2023, 09:42 AM | #2782 | |
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https://leasehackr.com/calculator |
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12-22-2023, 09:07 AM | #2783 |
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Working Up from Invoice vs Down from MSRP
Just curious on your thoughts. Looks like the car market for buyers has improved significantly from the post COVID era. I am seeing more BWMs on the lots now. I was thinking of offering Invoice + $500 on the following:
2024 X3 30i Xdrive with $4,900 Options. Invoice + $500 = $51,515 - $4K incentives = $47,515 - $8K trade-in = $39,515 + tax/fees + $1,250 Balance = $40,769 This is a total of $7,280 off their original MSRP offer, or 13% off their MSRP. Aggressive I know. |
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12-22-2023, 09:13 AM | #2784 | |
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Something tells me this won't fly. |
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12-22-2023, 10:13 AM | #2785 | |
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12-24-2023, 02:53 PM | #2786 |
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Just bought my first BMW this week! I had a picture of a BMW on my wall growing up as a pipe dream (I did not grow up in a family with any wealth at all) so it’s awesome to see one in my garage now.
2024 X3 m40i $66,935 MSRP -$4,016 in discounts and markdown $62,919 Selling Price $4541.35 total taxes (IL) & fees (had $1,995 Ceramic Coat they “put on all the cars” taken off though the product is on the vehicle) -$10,500 trade value (up from initial $9.5k offer) -$5,000 cash down $52,085 financed (60 months @ 3.99% BMWFS promotional rate) I declined all the extended warranties and other F&I goodies. I am maybe reconsidering doing a BMW extended warranty but may just set the equivalent cash aside and “self insure”. I feel like I got a fair deal. Absolutely loving the X3 so far!! |
12-26-2023, 07:45 PM | #2787 |
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It was 3 intense days of intense negotiating, but I think I got a great deal. 2024 X3 30i, sDrive with three options: Metallic Black paint ($650), Premium Pkg ($3550), and Parking Asst Pkg ($700)
Base Price I paid: $44,838 + Options $ 4,900 + Tax/Title/Fees $ 1,245 Adj Price $50,983 - Finance Incentive $1,000 - Military Rebate $3,000 - Trade-In $8,000 Adj Price $38,983 - Loan $20,000 - Cash Down $18,983 Lessons learned: After my initial test drives, looking at options, colors, meeting the salesman/manager, I absolutely did not return to the dealership until the deal was done. Despite them calling me three times, asking me to come back in to negotiate, I made all offers from home via text, email and phone calls. I picked the 30i because that's the X3 they had to most of. You have less leverage with rarer vehicles (MC, 40i, etc). I was not picky on color. Saved $2k on the sDrive vs the xDrive. It's flat, sea level, and rarely ices where I live. I worked 3 other BMW dealers within a 3 hours drive of my local area. I started my negotiating from the Invoice number up and not their MSRP down. Though I was initially gonna pay cash, I took the financing for the $1K discount. Finance manager said I needed to make 4 monthly payments, then could pay it off. Finally, I had patience. I was willing to wait until the end of the year if necessary. I was the last customer in the dealership on Christmas Eve Eve. They threw in a rear cargo mat and 3 free oil changes. It was very, very stressful, but also thrilling. Wish it wasn't that way. |
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12-26-2023, 09:01 PM | #2788 | |
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12-26-2023, 09:19 PM | #2789 | ||
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12-27-2023, 10:32 AM | #2790 |
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Thank you guys! I will happily pay it off in full on the first payment!
Originally Posted by Chitown_vroom View Post You almost certainly do not need to make a minimum number of payments before paying off unless it has that language in the contract (which is rare). This is just the Finance Manager trying to avoid a chargeback. Screw them IMO if they want to mislead you like that! I’d also think twice about doing business with a dishonest dealership in the future too. Skywalker80 you know it comes with free basic maintenance (oil changes) for 3yrs/36k miles right? And as Chitown_vroom mentioned, you don't need to make a minimum amount of payments before paying it off. If you got the $1k off, then you most likely financed through BMWFS and there is no minimum payment time period. |
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12-31-2023, 08:12 AM | #2791 | |
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I don’t want to rain on anyone’s parade but the December program base rate is 2.99 for 60 months. So either credit influenced this or the dealer took 1% for themselves, which is not uncommon. I just wanted to correct this for anyone else reading. |
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12-31-2023, 11:54 AM | #2792 | |
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Who knows I guess. Even at that rate they still beat my usually unbeatable USAA rate by a LOT. |
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12-31-2023, 12:26 PM | #2793 | |
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12-31-2023, 01:11 PM | #2794 | |
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