Quote:
Originally Posted by Finito84
Each deal is different as there are multiple factors that you need to keep in mind. I just want to share with you as this forum has helped me to get my dream car. You can get better deals, some people get 10%-12% msrp, it was not my case.
The MSRP was $82,145 plus $995 delivery
The invoice was around $77,216.30
The price was $2k under invoice - around $75,145 (around 9% msrp)
Then I got $4,500 ($1,000 Ultimate pre sales tax and $3,500 Road home event after sales tax).
NJ Sales tax of $4,892 and some small license fees, registration (dealer removed the doc fee of $699)
The Out of the door was around $75,200.
In a few months, I am getting the $7,500 tax credit for the personal taxes.
The cost of the car (after tax incentives) is $67,700, which is a more than reasonable cost for an X5 45e fully loaded.
Then, if you are business owner, you can run it through the company getting depreciation or full depreciation (Sec 179) and benefit of the 199A deduction (probably to be removed by Biden next year), so even better for your personal taxes.
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I think that's a good deal. You can also get credit for installation of a level 2 charger at your home. 30% of the cost, up to $1,000 credit. IRS Form 8911.