[jgreg12]

That would be 5 years ago but I’m glad you were able to snag that deal. I was curious so went back to the first page of this thread (2018 era). Here is the best deal I found:

2019 X3 M40i
MSRP $67170
Sell price $60487
Residue 56%
15k Miles a year
Money factor .00182
$0 down $0 driveoff
$843 plus tax a month

Residual: ~2% difference (since 15k lease)
MF: exact same rate as now.
Selling price disc: 10% ==> this is the major difference.
Rebates: similar

Looks like we’re used to getting double digit MSRP discounts. These dealerships have 8-10 cars on their lots. Tesla doesn’t even negotiate discounts.

I think the days of the “it’s on the lot so give it away to me” are long gone, at least for awhile now.

[Artdnj]

Originally Posted by jgreg12

That would be 5 years ago but I’m glad you were able to snag that deal. I was curious so went back to the first page of this thread (2018 era). Here is the best deal I found:

2019 X3 M40i
MSRP $67170
Sell price $60487
Residue 56%
15k Miles a year
Money factor .00182
$0 down $0 driveoff
$843 plus tax a month

Residual: ~2% difference (since 15k lease)
MF: exact same rate as now.
Selling price disc: 10% ==> this is the major difference.
Rebates: similar

Looks like we’re used to getting double-digit MSRP discounts. These dealerships have 8-10 cars on their lots. Tesla doesn’t even negotiate discounts.

I think the days of the “it’s on the lot so give it away to me” are long gone, at least for a while now.

Well, time does fly and it was actually a 2015 turned-in sometime in 2018. I see your point although it was an X5 (F15 maybe?). I don't even think they had x3s back then but maybe they did. MSRP was high 50's or low 60s to the best of my knowledge. DO think think the discounts will ever come back or are the 900+ payments for a X3 the norm?

[Artdnj]

Originally Posted by jgreg12

Hey guys,

Been following this thread for help on a deal. My 330 xDrive ends in Nov 2023 and I wasn't really serious about searching for a deal but I wanted to feel out where the market was going to be given all the craziness. Ended up putting a deposit down because my dealership wanted to play ball. I also wanted a car with a hitch to do some towing this summer, so..

Here is what we agreed to:

- BMW X3 m40 (36/12k)
- MSRP: $66,175
- Sales price: $62,716 (5.5% off!)
- MF: .00182
- Residual: 55%
- Rebates: $1,500 loyalty cash
- Trade equity from lease: $500
- $3500 down (upfront taxes + fees, includes first month payment)

= Payment: $899/mo

Delivery in March and we agreed any NEW rebates which come out from now until delivery will be added to my deal -- I anticipate catching at least another $1000 on some Spring program, which will reduce my payment to $872.


I wanted to share b/c I think this is a solid deal for the current conditions. The dealer told me they definitely don't anticipate residuals improving anytime soon.

What do you think?

Just had a broker quote a $899/mo with $5288 down, 3% off MSRP. Your deal seems good in this market. Interesting thing is their mf is .00185 for 36/12k

[jgreg12]

Originally Posted by Artdnj

Well, time does fly and it was actually a 2015 turned-in sometime in 2018. I see your point although it was an X5 (F15 maybe?). I don't even think they had x3s back then but maybe they did. MSRP was high 50's or low 60s to the best of my knowledge. DO think think the discounts will ever come back or are the 900+ payments for a X3 the norm?

I think the discounts (10%+ on showroom stock) have potential BUT you can't deny the car market is shifting with new entrants like Tesla --

My buddy bought a 65k Model Y last Feb and the buying process was starkly different -- there was no sleazy sales manager haggling with you, no bids online, no broker. Tesla posts the price, you pay your deposit, and the app fires you a note when it's time for delivery. Ford is already pushing their dealers out of the equation now -- read the news.

I'd rather discuss the fundamentals -- rebates, residuals, and MFs -- as opposed to comparing payments because you aren't adjusting for macro factors like inflation. We're in a ridiculous supply chain crisis and inflationary cycle. It's here to stay.

I see no evidence of BMW offering 60%+ residuals like Toyota, and you're dreaming if you think you'll see a <2% MF in the next 36 mo (or ever).

My current trade was sold at 1.99% MF and the fed rate was at approx 0. Look what that did to the world.

[X6DividedByTwo]

‘23 xDrive30i leased a few days ago, all docs attached

[jgreg12]

Nice! Cool you got 56% residual and a nice MF. Why not get the m40 though? You optioned into 61k and essentially have everything standard in m40 minus the Park Assistance, Charging, and Leather?

[X6DividedByTwo]

Originally Posted by jgreg12

Nice! Cool you got 56% residual and a nice MF. Why not get the m40 though? You optioned into 61k and essentially have everything standard in m40 minus the Park Assistance, Charging, and Leather?

That’s an amazing POV, I thought we were paying more for just for an extra hundred horsepower and some badging… Never thought to check all what comes standard with an m40… Your comment is a blessing because they actually just pushed my assembly date back to 4th week of Jan and now I can gather some info and mull it over + have time to submit an order change.

May I ask anyone out there who knows, does m40 have the same suspension as the xDrive30i? My fiance REALLY disliked the suspension on my best friends x3mComp && I was under assumption that m40 might have a tougher/stiffer suspension.

[ASAP]

Originally Posted by X6DividedByTwo

That’s an amazing POV, I thought we were paying more for just for an extra hundred horsepower and some badging… Never thought to check all what comes standard with an m40… Your comment is a blessing because they actually just pushed my assembly date back to 4th week of Jan and now I can gather some info and mull it over + have time to submit an order change.

May I ask anyone out there who knows, does m40 have the same suspension as the xDrive30i? My fiance REALLY disliked the suspension on my best friends x3mComp && I was under assumption that m40 might have a tougher/stiffer suspension.

get the m40i... there is no need for a 61k 30i

the answer is it depends... the 30i and m40i adaptive suspension is identical...

the 30i can also have the softer passive suspension

in the end the biggest difference in comfort is the wheel size and tire style... my 20 inch adap susp w rfts m40i is quite comfortable... its not like the x3m at all... if u got an m40i w 19s or 20s and standard tires it will be quite comfortable imho

[X6DividedByTwo]

Originally Posted by ASAP

get the m40i... there is no need for a 61k 30i

the answer is it depends... the 30i and m40i adaptive suspension is identical...

the 30i can also have the softer passive suspension

in the end the biggest difference in comfort is the wheel size and tire style... my 20 inch adap susp w rfts m40i is quite comfortable... its not like the x3m at all... if u got an m40i w 19s or 20s and standard tires it will be quite comfortable imho

Big blessings, thank you for the extra info and for a push toward the m40i… (which I secretly wanted from the jump, but my sales advisor didn’t know as much as the awsome folks of BIMMERPOST)

[ASAP]

Originally Posted by X6DividedByTwo

Big blessings, thank you for the extra info and for a push toward the m40i… (which I secretly wanted from the jump, but my sales advisor didn’t know as much as the awsome folks of BIMMERPOST)

No problem, build the car you like online but i feel for another 3k you can get exactly what you have in the 30i build... maybe ask for a small discount and u can get back to a close price.

[turbobeagle]

Originally Posted by jgreg12

Hey guys,

Been following this thread for help on a deal. My 330 xDrive ends in Nov 2023 and I wasn't really serious about searching for a deal but I wanted to feel out where the market was going to be given all the craziness. Ended up putting a deposit down because my dealership wanted to play ball. I also wanted a car with a hitch to do some towing this summer, so..

Here is what we agreed to:

- BMW X3 m40 (36/12k)
- MSRP: $66,175
- Sales price: $62,716 (5.5% off!)
- MF: .00182
- Residual: 55%
- Rebates: $1,500 loyalty cash
- Trade equity from lease: $500
- $3500 down (upfront taxes + fees, includes first month payment)

= Payment: $899/mo

Delivery in March and we agreed any NEW rebates which come out from now until delivery will be added to my deal — I anticipate catching at least another $1000 on some Spring program, which will reduce my payment to $872.


I wanted to share b/c I think this is a solid deal for the current conditions. The dealer told me they definitely don't anticipate residuals improving anytime soon.

What do you think?

1. Can you clarify whether the rebates stack on top of the 5.5% discount?
2. Just last month, there was $1500 loyalty plus $1k lease cash totalling $2500. Did the $1k lease cash go away?
3. You should look into MSDs. BMW just enhanced the MSD program a couple days ago.

If the 5.5% off is before rebates, then I think that's pretty good. And 0.00182 is base MF I assume. The only thing hard to evaluate is the lease credit on the 330. Hard to know if the dealer is hiding some extra profit there.

[Artdnj]

If I may ask, how are the MFs different? I was quoted .00185, another .00182 and X6dividedbytwo has .00180. I assumed that is fixed and I also heard the incentives were reduced and that changes are likely monthly. Just trying to get some knowledge before I reach out to some dealers to compare to a broker. I was told the lease cash is gone.

[glennbk]

Its all a game. Raise this, lower that. If you planning to keep the car for a while, totally recommending purchasing as all the details are laid out. If your set on leasing, definitely engage a broker. For a $500 flat fee gets you the price, MF, etc. negotiated by someone whom lives and breathes a car on a daily basis. I've used Authority Auto in the past.
As for how much of a discount you'll get on an M40i, its anywhere between 4 to 6% (my observation). You have a car in the queue but not on the Production Line, so you can make changes at will. BMW could scarcely care. It's all money to them.

[glennbk]

Its all a game. Raise this, lower that. If you planning to keep the car for a while, totally recommending purchasing as all the details are laid out. If your set on leasing, definitely engage a broker. For a $500 flat fee gets you the price, MF, etc. negotiated by someone whom lives and breathes a car on a daily basis. I've used Authority Auto in the past.
As for how much of a discount you'll get on an M40i, its anywhere between 4 to 6% (my observation). You have a car in the queue but not on the Production Line, so you can make changes at will. BMW could scarcely care. It's all money to them.

[Artdnj]

Originally Posted by glennbk

Its all a game. Raise this, lower that. If you planning to keep the car for a while, totally recommending purchasing as all the details are laid out. If your set on leasing, definitely engage a broker. For a $500 flat fee gets you the price, MF, etc. negotiated by someone whom lives and breathes a car on a daily basis. I've used Authority Auto in the past.
As for how much of a discount you'll get on an M40i, its anywhere between 4 to 6% (my observation). You have a car in the queue but not on the Production Line, so you can make changes at will. BMW could scarcely care. It's all money to them.

Ok I see, one broker is doing 3%, 5% on X5 off but are the following fees mandatory? I would assume the broker fee of $599 is on top seems like I may find a 5% off without using them but i guess I'll check


ACQUISITION FEE SOME BANKS, SUCH AS MBFS, ALLOW DEALERS TO MARK UP THE ACQUISITION FEE.:
$925
Pay acquisition fee upfront.

DEALER FEES TAXABLE FEES, SUCH AS DEALER DOCUMENT FEES, AS WELL AS NON-RESIDUALIZED DEALER ADD-ONS (E.G., EXCESS WEAR/TEAR INSURANCE).:
$500

Pay dealer fees upfront.
GOVERNMENT FEES NON-TAXABLE FEES, SUCH AS LICENSE, REGISTRATION, AND OTHER GOVERNMENTAL FEES.:
$450
Pay gov fees upfront.

[EWL5]

Originally Posted by X6DividedByTwo

‘23 xDrive30i leased a few days ago, all docs attached

Out of curiosity, what are you trading in to receive $24k? Based on your low monthly payment, it appears you're using the trade-in as a down payment to bring down the monthly lease payment.

[X6DividedByTwo]

Originally Posted by EWL5

Out of curiosity, what are you trading in to receive $24k? Based on your low monthly payment, it appears you're using the trade-in as a down payment to bring down the monthly lease payment.

2017 sr5 4Runner w/ 50k miles on clock, fair condition & one accident on history report (no airbags deployed)

[EWL5]

Originally Posted by X6DividedByTwo

2017 sr5 4Runner w/ 50k miles on clock, fair condition & one accident on history report (no airbags deployed)

Thanks for the response!

Just be sure you're ok with such a huge down payment. If you drive the new car off the lot and it immediately gets totaled, you won't get a dime back of your down payment. You could have the dealer cut you a check for the trade-in and offer a much lower down payment out of pocket.

It's generally better to put as little down as possible due to the above scenario.
I used to put no more than $3600 down so that I would lose no more than $100/month based on the remaining months (either by accident or trying to get out of a lease early).

[nyalpine90]

local dealer quoted me 900 a month for X4 30i lease
thats INSANE. NO discount on new car or equity on my X3.
let say MSRP is 59k with 5k down plus taxes I would be paying $7XX a month for 72 months-finance



i said OH well, I guess we wont be having BMWs any more. At least not new

[EWL5]

Originally Posted by nyalpine90

local dealer quoted me 900 a month for X4 30i lease
thats INSANE. NO discount on new car or equity on my X3.
let say MSRP is 59k with 5k down plus taxes I would be paying $7XX a month for 72 months



i said OH well, I guess we wont be having BMWs any more. At least not new

You would do a 72 month lease?!!!

[nyalpine90]

Originally Posted by EWL5

You would do a 72 month lease?!!!

that was finance option.

[jgreg12]

Originally Posted by turbobeagle

1. Can you clarify whether the rebates stack on top of the 5.5% discount?
2. Just last month, there was $1500 loyalty plus $1k lease cash totalling $2500. Did the $1k lease cash go away?
3. You should look into MSDs. BMW just enhanced the MSD program a couple days ago.

If the 5.5% off is before rebates, then I think that's pretty good. And 0.00182 is base MF I assume. The only thing hard to evaluate is the lease credit on the 330. Hard to know if the dealer is hiding some extra profit there.

Great point -- let me share the details attached.

#2: the cash is gone, but I am confident it will be back by March when I take delivery. The sales manager assured me in writing it will be honored if/when it returns and roll into the final deal.

#2: I mentioned MSDs but it barely reduces the MF (and ultimately the pmt). Plus it lock up 5k in cash. If it was reducing the MF by an entire point (4.4 to 3.4%) I would consider but its just so nominal...

Can you take a look at my specifics and double check? It appears by cap cost reduction of roughly ~6k includes the MSRP discount + 1500 rebate + trade equity of 500.

At the end of the day I would have appreciated a 60% residual & 10% discount on the MSRP but those two factors are never happening in the near term.