I have a situation. I ordered a basically fully optioned 2025 M340i last year and while it’s been fine, I’m looking for something bigger that can tow occasionally too. I’ve settled on the X5.
Usually I keep my cars for 8-10 years, so this would be my first time trading in a car that I still owe on. Because of my last trade, and a year and change worth of payments, my payoff for the M340i is $41k. According to KBB (not sure how accurate it is), the trade value is somewhere around $57k plus/minus $2k, giving me $14k-18k trade in value.
I would take advantage of the 1.99% for 60 mo financing, and the loyalty rebate for $2k. Ultimately though, I don’t really want to pay too much more per month for the X5, and while I want it, I’m also perfectly fine not ordering if I can’t get a payment close to what I’m paying now (within a few hundred/mo). Currently paying about 1,050/mo on a 2.99% 60 mo contract. The X5 I would order has essentially every option and would be $91k.
I have seen lots of people on the forums say they got 10% off before rebates/incentives, but I also know from experience that kind of stuff can be exaggerated. How realistic is 10% off and do I have to use a broker (if yes, I have no clue where to start with broker process)? I’m in the NE. I also have no interest in the 2027 revamp, so I get a 2026 or I’ll just buy a different brand sometime in the next few years.
