[dtronics]

Originally Posted by Wrighterjw10

Here's my deal, hope to close this week:

2020 M50i

msrp: $94,995
discount: $12,850 (13.5%)
rebate: $2,500

price: $79,645

Looks good! What makes up the $2,500 rebate? I believe for June there's a $500 Loyalty/ Conquest and $1,000 Lease Credit.

[bluzbra]

Originally Posted by dtronics

Looks good! What makes up the $2,500 rebate? I believe for June there's a $500 Loyalty/ Conquest and $1,000 Lease Credit.

Lease credit for a 2020 M50i for June is $1,500 and loyalty is $1,000 (total of $2,500).

[paliknight]

What do you guys think of this deal? Financed with USAA/Penfed rebate.

I am planning to finance through BMW so I assumed the rebates should be 2500 (finance credit) + 1,000 (loyalty, I have a current BMW lease) + 500 USAA which would be 4,000.

[TurtleBoy]

Originally Posted by paliknight

What do you guys think of this deal? Financed with USAA/Penfed rebate.

I am planning to finance through BMW so I assumed the rebates should be 2500 (finance credit) + 1,000 (loyalty, I have a current BMW lease) + 500 USAA which would be 4,000.

You are getting a little over 14.2% discount which is nice. If you are happy with the configuration and deal I say go for it and enjoy!

[paliknight]

Originally Posted by TurtleBoy

You are getting a little over 14.2% discount which is nice. If you are happy with the configuration and deal I say go for it and enjoy!

Yeah discount wasn't half bad. The rebates were just surprising because they're supposed to be double that amount. I emailed my CA saying if he could adjust the rebates to 4k then I'll sign. It's fairly loaded and has more options than we even need. On the lot car.

[UpstateCP]

I've seen a couple recent 13.5%+ off MSRP deals prior to rebates, is this common? I thought anything over 10% was good and over 12% was next to impossible. I'm working on a custom MY20 build now and wouldn't mind a bit more off than the 11% offered given MY21 is around the corner.

[dtronics]

Originally Posted by bluzbra

Lease credit for a 2020 M50i for June is $1,500 and loyalty is $1,000 (total of $2,500).

I ordered a vehicle in March that’s finally here and I’m getting ready to pick it up. Here’s the deal I had in March:

M50i
$91,745 MSRP
$10,517 Discount
57% Residual
.00107 MF (was .00142, MSD’s)
$2,000 Rebates
$967.62 Monthly + Tax

I was told by the dealer that for June the “MF did change, but the residual dropped by 1%, as well as the loyalty incentive by $250. I did the math, and your old MF, residual, and incentive actually nets $150 better than the new programs”.

I ran the numbers with the June programs using a 56% residual, .00118MF and added the MSD's taking it to .00083. I included the rebates you pointed out, the lease credit for a 2020 M50i for June is $1,500 and loyalty is $1,000 (total of $2,500). I'm eligible for $500 from USAA so that brings the rebates to $3K.

I'm not sure if I'm making a mistake but it looks like the June program is better for this deal. Am I missing something here?

[TurtleBoy]

^ He is probably not including an incentive you are eligible for or you are including one you are not eligible for. Just ask him to give you the details for tha calculation and the difference should pop out.

[wishman]

Question on rebates...

Trying to research ahead of time of what rebates I might be eligible for as I move forward with the purchase of a X5 xDrive 40i. It will be a cash transaction, so no leasing/financing rebates. Will I still be eligible for the $1K loyalty rebate or do you need to finance to be eligible for this as well?

[TurtleBoy]

Originally Posted by wishman

Question on rebates...

Trying to research ahead of time of what rebates I might be eligible for as I move forward with the purchase of a X5 xDrive 40i. It will be a cash transaction, so no leasing/financing rebates. Will I still be eligible for the $1K loyalty rebate or do you need to finance to be eligible for this as well?

It used to be that you had to finance in order to get the $2k rebate but that evidently changed a few months ago so perhaps the loyalty did also since that shows that you need to finance in order to get it. Probably best to do what people used to do, finance the minimum and pay it off after three months.

[robby818]

Hi,

I am in Los Angeles looking to order a 2021 xDrive45e. If anyone has a referral for a good dealership, please IM me. So far, Crevier has offered me invoice (6.5% off MSRP), which I know isn't very good so I am still shopping around. My build has a MSRP of $80,250.

[bluzbra]

Originally Posted by dtronics

I ordered a vehicle in March that's finally here and I'm getting ready to pick it up. Here's the deal I had in March:

M50i
$91,745 MSRP
$10,517 Discount
57% Residual
.00107 MF (was .00142, MSD's)
$2,000 Rebates
$967.62 Monthly + Tax

I was told by the dealer that for June the "MF did change, but the residual dropped by 1%, as well as the loyalty incentive by $250. I did the math, and your old MF, residual, and incentive actually nets $150 better than the new programs".

I ran the numbers with the June programs using a 56% residual, .00118MF and added the MSD's taking it to .00083. I included the rebates you pointed out, the lease credit for a 2020 M50i for June is $1,500 and loyalty is $1,000 (total of $2,500). I'm eligible for $500 from USAA so that brings the rebates to $3K.

I'm not sure if I'm making a mistake but it looks like the June program is better for this deal. Am I missing something here?

Are you sure the total rebates in March were only $2,000 for the M50i? Doesn't sound right. I picked up my sDrive40i in March and used the March program, and my total rebate with loyalty was $2,250. I'm pretty sure at the time the M50i was the same or more than the sDrive40i (I recall $2,750). That could be what's making the March program better to use vs. June.

Assuming it was actually $2,750 total rebates, that's $250 more in rebates than this month + 1% higher residual ($910 based on your MSRP), giving you about $1,160 more towards your deal. That would then offset the 0.00024 MF difference and net you a slightly better deal by using the March program (a few dollars by my math). I'm not counting the USAA rebate in either scenario.

[dtronics]

Originally Posted by bluzbra

Are you sure the total rebates in March were only $2,000 for the M50i? Doesn't sound right. I picked up my sDrive40i in March and used the March program, and my total rebate with loyalty was $2,250. I'm pretty sure at the time the M50i was the same or more than the sDrive40i (I recall $2,750). That could be what's making the March program better to use vs. June.

Assuming it was actually $2,750 total rebates, that's $250 more in rebates than this month + 1% higher residual ($910 based on your MSRP), giving you about $1,160 more towards your deal. That would then offset the 0.00024 MF difference and net you a slightly better deal by using the March program (a few dollars by my math). I'm not counting the USAA rebate in either scenario.

You were right about the rebates in March. It feels like March was a lifetime ago when I ordered the vehicle. There was a $1000 lease credit, $1250 loyalty, and I have an additional $500 for USAA.

For the June programs, the dealer is saying lease credit for M50i is $1000, not $1500. I saw you posted that the Lease credit for a 2020 M50i for June is $1,500 and loyalty is $1,000 (total of $2,500). Are these regional? I'm trying to figure this out today because I'm planning to pick the vehicle up tomorrow afternoon.

[bluzbra]

Originally Posted by dtronics

You were right about the rebates in March. It feels like March was a lifetime ago when I ordered the vehicle. There was a $1000 lease credit, $1250 loyalty, and I have an additional $500 for USAA.

For the June programs, the dealer is saying lease credit for M50i is $1000, not $1500. I saw you posted that the Lease credit for a 2020 M50i for June is $1,500 and loyalty is $1,000 (total of $2,500). Are these regional? I'm trying to figure this out today because I'm planning to pick the vehicle up tomorrow afternoon.

I'm going based on Jason's post on the first page of this thread. Perhaps someone who has picked up an M50i this month can chime in? Not sure if rebates are regional or not — I always thought it's the same across the board for all US customers.

[dtronics]

Originally Posted by bluzbra

I'm going based on Jason's post on the first page of this thread. Perhaps someone who has picked up an M50i this month can chime in? Not sure if rebates are regional or not — I always thought it's the same across the board for all US customers.

I was on bmwusa site and I added a few different zip codes under the lease offers and there were different rebates. I guess the rebates in the Northeast aren't as good as other areas.

Does anyone know if you can stack a Corporate discount with USAA?

[paliknight]

Originally Posted by bluzbra

I'm going based on Jason's post on the first page of this thread. Perhaps someone who has picked up an M50i this month can chime in? Not sure if rebates are regional or not — I always thought it's the same across the board for all US customers.

Rebates are most definitely regional. Usually in the northeast they are a bit lower than the south. Not always though.

[hamzerrr]

With my dad's current lease of the BMW 520i X-drive ending, I reached out to my dealer about leasing a 2020 BMW X5 xDrive40i on his behalf and this is what they have offered initially:

MSRP: $75,000
Discount = $2,500 (only 3%!!!)

Adjusted Price= $72,500
Lease for 36 Months with 0 down = $1,182 per month

After being on this blog for 5 minutes, I do realize this is a bad deal; but how bad is it really? I'm afraid since my parents had not consulted me for their previous leases, they have been getting scammed by this dealer for years.

For a car priced around $75,000, what should I be aiming for? Furthermore, if we are to custom build a car, how much should one expect the discount for the car? Thanks!

[TurtleBoy]

^ The discounts appear to be lower now than pre-COVID, probably due to a limited supply. Discounts are also regional so hopefully some folks from Michigan chime in with the discounts they have been getting. I could be wrong but think they generally were in the 8-10% range prior to incentives for custom orders. You may be able to do a little better on a vehicle from the lot but not by much unless they really need to get rid of it.

Another thing to keep in mind is the money factor and making sure you are getting the base rate rather than one that is marked up. Good luck.

[wheine4147]

Originally Posted by hamzerrr

With my dad's current lease of the BMW 520i X-drive ending, I reached out to my dealer about leasing a 2020 BMW X5 xDrive40i on his behalf and this is what they have offered initially:

MSRP: $75,000
Discount = $2,500 (only 3%!!!)

Adjusted Price= $72,500
Lease for 36 Months with 0 down = $1,182 per month

After being on this blog for 5 minutes, I do realize this is a bad deal; but how bad is it really? I'm afraid since my parents had not consulted me for their previous leases, they have been getting scammed by this dealer for years.

For a car priced around $75,000, what should I be aiming for? Furthermore, if we are to custom build a car, how much should one expect the discount for the car? Thanks!

Just made a deal from a dealership in Ga. In stock car with a 9% discount, $3,500 in rebates and 1.9% interest rate for 72 months. I live in FL and nobody was giving more than 4% in stock or order.

[beeker03]

I'm also from Florida shopping for an X5 or X7 in the range of $80k-$115k MSRP.

I would greatly appreciate anyone's dealer recommendations as our pickings are slim and I want to take delivery in Spartanburg anyway.

[MIT_X5]

Just concluded a deal today here in Northern California on a custom build xDrive40i.

No trade-in

MSRP: $75,670
10% off MSRP + $3,500 incentive
0.9% financing for 60 months + 90 day to first payment

[UpstateCP]

Originally Posted by MIT_X5

Just concluded a deal today here in Northern California on a custom build xDrive40i.

No trade-in

MSRP: $75,670
10% off MSRP + $3,500 incentive
0.9% financing for 60 months + 90 day to first payment

Is this still on a MY20? Or have they shifted orders to MY21