11-04-2020, 12:01 PM | #1189 |
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Updated with November program numbers.
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11-07-2020, 12:37 PM | #1190 | |
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11-13-2020, 05:44 AM | #1192 |
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Need some help i am currently shopping for a new ride. Stepped out of my F80 M3 a few years ago and went into a 430 GC lease ( I have two little ones now) but now the itch is back to get something with some power. I am torn between a M550i or a '20 X3M.
Specs on the X3M are as follows: Its an executive demo approx 2k miles on it. Dark Graphite- Ivory white leather w M Seats Driving Assitance Plus Executive Package' 21" 765M Interesting part about the deal is that it comes with 2 sets of 21 wheels tires- currently mounted with snows, and the summer perf tires on a separate set of 21s. Deal advertised is $899 mo with $5k out of pocket. The 550 is a bit higher but is new and a '21 with a bit more options..... I know this is not a traditional deal with the tires/demo aspect, but seems like they are a bit anxious to get this off lot. I have 3 payments left on my GC, so i also do not want to roll that into the equation either.... Any help/guidance is as always, appreciated! |
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11-13-2020, 08:07 AM | #1193 |
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Just depends what you need/want. We have 2 little ones and a small dog and everyone/everything fits fine in my F80 and our Macan. Is this going to be a second car in your garage or just the only one? If the only one, I'd say consider the F97 since you get a bit more utility out of it, but honestly unless you need vertical load space or extra ground clearance, the M550 could suffice. Also has a nicer cabin, more options, and a bit more overall power, but it's not a motorsport-tuned chassis or engine, and so not the same kind of power delivery as the S58. I would test drive both and see which one feels better. The F97 is a hoot to drive, and it may bring back a lot of the special "M feeling" you're craving. After driving a couple of BM3 tuned versions, I was impressed. A lot of folks here came directly from the F8x platform to this, and are very happy. The M550 is fine, and powerful, but not the same bonkers driving experience. Less fun imho.
Just be wary of demo cars. They take good care of them, but they could always have niggling issues that require dealer visits. Would be covered under warranty, but can be annoying. I would haggle that price down if I could. And what's the $5k? MSDs? Cap cost reduction? See if they'll give you this deal AND eat your last two GC payments, for example. Good luck!
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11-13-2020, 08:32 AM | #1194 | |
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Leasing demos is usually a bad idea as their residuals are typically very low since they are considered "used" cars. Without that information, no one here can really help you much. Take some time to read through this thread a little more and you will gain a lot of insight into how to get a better deal. You also need to separate out the car from what they are trying to charge you for the winter tires/rims, which should also be treated as used and priced accordingly (unless they are actually brand new). You shouldn't be "leasing" an additional set of rims/tires. Just buy those on your own and then you can sell them once the lease ends and re-coup a good chunk of your costs (especially if you are paying "used" prices for the rims/tires). Also, you should never put money down on a lease. This 899/month is really like $1,050 month when you take away the 5K down payment. Take that money and put it into Multiple Security Deposits, which lower your money factor (interest rate) and then in turn lower your monthly payment. Plus, you get the money back when the lease ends. Lastly, if you still have 3 months left on your current car, someone needs to eat those 3 payments (and it won't be BMW - they will work it into your cost of the new car one way or another). So I would say just keep the car for the remaining three months and just deal with the 2 car payments for that period in time. Or wait until your lease is actually up before making a move. The dealership may say that they are absorbing the cost, but unless there is an official "pull-ahead" program from BMW (which never applies to demo cars as far as I know) they are passing those 3 remaining payments on to you by discounting the X3M less. |
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11-13-2020, 10:37 AM | #1195 | ||
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The winter wheels/tires while potentially a selling point, are ultimately irrelevant in the pricing IMO. If they are something you would buy anyway, I'd consider them worth $2k if you keep them in the end. Lastly need to be sure white interior is wanted. It is a minor headache to keep looking good. I have the oyster on our M340i and it looks fantastic but it does hold onto color transfer, especially in the stitching. |
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11-13-2020, 01:31 PM | #1196 |
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Thanks for the info and quick replys. I didnt have a ton of info on the deal, as it wasn't what i was originally in the market for, but found the original MSRP of $80,545. They are discounting approx $11k off of that figure.
This is for a lease, 10k a year, taxes, fees and first mo. payment are what is modeled from a cash down standpoint. I agree this is way too steep, and with 3 payments left and no pull through, i'm keeping my current ride through end of lease. I'll revisit in the late winter and certainly review the thread for appropriate deals. My wife has a '16 X3 3.0 so not sure if having 2 X3s makes sense, even though I know this is a totally different beast. Reading through the balance of the forum seems that most really enjoy their X3M. Take care! |
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11-13-2020, 11:20 PM | #1197 | |
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11-16-2020, 12:13 PM | #1198 | |
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11-17-2020, 01:34 PM | #1199 | ||
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11-18-2020, 02:14 PM | #1200 |
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Can people actually post deals ? Last 4 pages only two posters have deal posted .
MSRP ? Selling price - pre incentives ? Incentives ? MF ? Monthly lease payment ?
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11-24-2020, 11:09 AM | #1201 |
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Ok, not sure if it's a great deal or a bad one but I just leased a 2021 fully loaded X3M Competition (Donington grey/Sakhir orange):
MSRP: $84,395 11% off 10k/36 months 0 down $1000.71/month Paid $300 to the broker. |
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11-24-2020, 12:02 PM | #1202 |
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11-24-2020, 12:11 PM | #1203 |
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I paid nothing. I just paid around $550 for extended service for the duration of the lease (the included service doesn't cover brakes etc. - this does)
Last edited by SmogTM; 11-24-2020 at 12:17 PM.. |
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11-24-2020, 03:05 PM | #1204 |
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I'm not sure on how the taxes in your state work for leases but it looks like they up'd the MF just a little bit. But considering you paid nothing for drive off then you're effective payment is about 11.5% off. Overall looks solid.
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11-24-2020, 03:30 PM | #1205 |
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It's Virginia, so probably the worst tax situation out of all states
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11-25-2020, 10:17 AM | #1207 |
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I'm having a real hard time getting a nice deal in this area as well. Lease on my M3 is up. May be moving to a different brand after 20 straight years with BMW.
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11-25-2020, 10:38 AM | #1208 |
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11-25-2020, 08:40 PM | #1209 |
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Hey guys just placed an order for an X4M
84,445 MSRP 10k/36 mo 4k drive off 989 payment New York Hoping December gives better incentives. Idk how I feel about these numbers |
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11-26-2020, 02:13 PM | #1210 | ||
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