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2024 X5 XDrive40i Purchase
First post on this forum because I just bought my first BMW!
Purchased on 3/11/2024. 2024 X5 XDrive40i LCI
Im not sure the spec matters outside of the MSRP, Price paid, etc so I'll just stick to that.
MSRP (Window Sticker) incl. destination: $77,350
Price Paid: $75,350
Add: Tire/Wheel + Cosmetic Protection (which were two diff options but i'm combining them here to keep it simple): $3,000
Add: Brake/Rotor Pre-pay (get them within 3-years): $850
All weather Matts - Included
TAX (NY): $4683
License&Title: $63
Inspection: $10
Finance/Document Fee: $175
Total Out The Door (Taxes & Fees): $84.2K
Financed: $59,226 @ 72mos @ 4.5%: $939/mo
I initially looked at a lease (36mo, 10K miles)
Money factor: about .002 (or 6% interest rate)
Residual: 51% <-- terrible, no?
Pretty bad lease deal considering by end of the lease I would have paid more than half the car (incl. interest) and then had to give the car back. So I looked into financing.
Interest (60mos): 3.99%
Interest (72mos): 4.5%
It was a no-brainer to finance at these rates.
I hope this helps someone. Happy to get feedback on whether or not you think I got a fair deal. I think it was fair (i didnt say it was a great deal but all things considered, fair).
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