BMW X5
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Post Reply
 
Thread Tools Search this Thread
      11-12-2019, 08:26 AM   #1
RJJJ
Private First Class
8
Rep
117
Posts

Drives: 2020 BMW X6 M50i
Join Date: Aug 2019
Location: NJ

iTrader: (0)

X6 M50i dealer discount

Hi guys, what are a good discount on a custom ordered X6 M50i with a MSRP of 102k? I live in NY/NJ area, ask several dealers but the highest is 7% off MSRP. Most dealer won't do more than 5% and some even ask for MSRP. I am paying cash to purchase the car, no financing or leasing. Thanks
Appreciate 0
      11-12-2019, 09:22 AM   #2
TurtleBoy
Colonel
TurtleBoy's Avatar
964
Rep
2,393
Posts

Drives: 2019 X5 40i
Join Date: Jan 2019
Location: Colorado

iTrader: (0)

Your discount seems pretty decent but I'm sure others will chime in. What you probably want to do is finance the minimum amount (around 7,500 - 15k) and then pay it off in three months or so and you will be able to take advantage of the $3,000 credit they give you for financing.
Attached Images
 
Appreciate 2
Tejael26.00

      11-12-2019, 10:29 AM   #3
airbenji
Enlisted Member
15
Rep
37
Posts

Drives: 2017 BMW X4 M40i
Join Date: May 2019
Location: Albany, NY

iTrader: (0)

Garage List
2017 X4 M40i  [0.00]
2020 X6 M50i  [0.00]
I am in upstate NY and just leased an X6 M50i (custom order) for 8.25% off MSRP (with standard MF/RV). All of my research focused on leasing, but I determined that 6.5% or more off the MSRP of the new X6 M50i is a good deal. I did have to shop at two dealers to negotiate that discount. You should get the rebate and any applicable loyalty credit on top of that discount.
Appreciate 1
RJJJ7.50

      11-12-2019, 07:14 PM   #4
RJJJ
Private First Class
8
Rep
117
Posts

Drives: 2020 BMW X6 M50i
Join Date: Aug 2019
Location: NJ

iTrader: (0)

Quote:
Originally Posted by TurtleBoy View Post
Your discount seems pretty decent but I'm sure others will chime in. What you probably want to do is finance the minimum amount (around 7,500 - 15k) and then pay it off in three months or so and you will be able to take advantage of the $3,000 credit they give you for financing.
Thanks for letting me know... Sigh, how can a cash buyer become an disadvantage. Such a price discrimination
Appreciate 0
      11-13-2019, 07:10 PM   #5
wqsa007
New Member
3
Rep
7
Posts

Drives: BMW X6
Join Date: Oct 2019
Location: WA

iTrader: (0)

Too bad...

that I only got 2.99% ARP and $1500 off $100,200 MSRP. I thought we cannot negotiate much discount on bran new model...We have placed the order, can I still negotiate? Can I get a better deal?..
Appreciate 0
      11-13-2019, 07:12 PM   #6
wqsa007
New Member
3
Rep
7
Posts

Drives: BMW X6
Join Date: Oct 2019
Location: WA

iTrader: (0)

I already got 2.99% ARP on my loan. Can I still get the $3000 ARP credit?
Appreciate 0
      11-13-2019, 09:06 PM   #7
arciga18
Colonel
arciga18's Avatar
975
Rep
2,491
Posts

Drives: LeMans/ Chestnut E90, RWD
Join Date: Apr 2012
Location: Chicago

iTrader: (2)

Quote:
Originally Posted by wqsa007 View Post
I already got 2.99% ARP on my loan. Can I still get the $3000 ARP credit?
Yea,,, you would need to submit a new credit app to lock the November programs.

When is your car expected to land
Appreciate 0
      11-13-2019, 09:44 PM   #8
VTENGR
Captain
315
Rep
965
Posts

Drives: 2020 X5 M50i
Join Date: Aug 2018
Location: Atlanta

iTrader: (1)

Quote:
Originally Posted by arciga18 View Post
Yea,,, you would need to submit a new credit app to lock the November programs.

When is your car expected to land
I submitted my credit app when I put in my order. My CA told me that whatever is better between when I submitted and when I finalize the purchase (a week or so before PCD date) is what they will go with. No need to reapply.
Appreciate 0
      11-13-2019, 09:55 PM   #9
arciga18
Colonel
arciga18's Avatar
975
Rep
2,491
Posts

Drives: LeMans/ Chestnut E90, RWD
Join Date: Apr 2012
Location: Chicago

iTrader: (2)

Quote:
Originally Posted by VTENGR View Post
Quote:
Originally Posted by arciga18 View Post
Yea,,, you would need to submit a new credit app to lock the November programs.

When is your car expected to land
I submitted my credit app when I put in my order. My CA told me that whatever is better between when I submitted and when I finalize the purchase (a week or so before PCD date) is what they will go with. No need to reapply.
Well credit locks only last 60 days on the east coast.

90 days for west coast dealers.

Save this post and come back to it when you take delivery . Let me know how it goes if the programs got better
Appreciate 0
      11-13-2019, 10:00 PM   #10
VTENGR
Captain
315
Rep
965
Posts

Drives: 2020 X5 M50i
Join Date: Aug 2018
Location: Atlanta

iTrader: (1)

Quote:
Originally Posted by arciga18 View Post
Well credit locks only last 60 days on the east coast.

90 days for west coast dealers.

Save this post and come back to it when you take delivery . Let me know how it goes if the programs got better
Yeah - I'll check back in. Rates were not discussed at that time. Just that we were approved. Since my wife and I have great credit, I just assumed I would get the best rate possible. Guess for me it doesn't matter much since the rates on BMWUSA have held steady at 2.99% for the last two months.
Appreciate 0
      11-14-2019, 03:29 PM   #11
TurtleBoy
Colonel
TurtleBoy's Avatar
964
Rep
2,393
Posts

Drives: 2019 X5 40i
Join Date: Jan 2019
Location: Colorado

iTrader: (0)

Quote:
Originally Posted by wqsa007 View Post
that I only got 2.99% ARP and $1500 off $100,200 MSRP. I thought we cannot negotiate much discount on bran new model...We have placed the order, can I still negotiate? Can I get a better deal?..
I guess you can back out of the deal but when I make a deal I like to stick to it even if I'm not legally bound to do so. I would imagine if the dealer changed their mind and said your price was higher you wouldn't like it.

Not only that, I see you are in Washington and have seen that discounts can be hard to come by in your area so you may have gotten a decent deal in your region.
Appreciate 0
      11-17-2019, 05:09 PM   #12
wqsa007
New Member
3
Rep
7
Posts

Drives: BMW X6
Join Date: Oct 2019
Location: WA

iTrader: (0)

My car might not get delivered by 12/3. Can I still get the $3000 ARP credit?
Appreciate 0
      11-17-2019, 07:33 PM   #13
Firstm31993
Private First Class
United_States
29
Rep
104
Posts

Drives: 2014 550i
Join Date: Nov 2015
Location: MD

iTrader: (0)

Quote:
Originally Posted by airbenji View Post
I am in upstate NY and just leased an X6 M50i (custom order) for 8.25% off MSRP (with standard MF/RV). All of my research focused on leasing, but I determined that 6.5% or more off the MSRP of the new X6 M50i is a good deal. I did have to shop at two dealers to negotiate that discount. You should get the rebate and any applicable loyalty credit on top of that discount.
I'm looking at 6% but won't be ordering till late February 2020. My lease ends May 20, 2020.
Hopefully other incentives are available between February and prior to me taking delivery. Your deal is great!
Appreciate 0
      11-18-2019, 09:46 AM   #14
spyfish007
Getting older, but I still love awesome fast cars!
spyfish007's Avatar
United_States
33
Rep
164
Posts

Drives: M550i on order
Join Date: Nov 2017
Location: Knoxville, TN

iTrader: (0)

Quote:
Originally Posted by arciga18 View Post
Well credit locks only last 60 days on the east coast.

90 days for west coast dealers.

Save this post and come back to it when you take delivery . Let me know how it goes if the programs got better
My M550i took 3 months but it came from Europe to the East coast. The dealer had no problem extending the deal. You do have to submit the application up front.
Appreciate 0
      11-19-2019, 09:28 PM   #15
buckybadger
BMW forever!
buckybadger's Avatar
370
Rep
1,180
Posts

Drives: BMW
Join Date: Jan 2009
Location: San Diego, CA

iTrader: (0)

Quote:
Originally Posted by RJJJ View Post
Quote:
Originally Posted by TurtleBoy View Post
Your discount seems pretty decent but I'm sure others will chime in. What you probably want to do is finance the minimum amount (around 7,500 - 15k) and then pay it off in three months or so and you will be able to take advantage of the $3,000 credit they give you for financing.
Thanks for letting me know... Sigh, how can a cash buyer become an disadvantage. Such a price discrimination
Price discrimination, it's an Econ term. I learned about it in my MBA.
__________________
2020 BMW X5 xDrive40i
2019 BMW M2 Competition
2014 BMW 335i
2009 BMW 328i
Appreciate 1
themnmd538.00

      11-22-2019, 05:59 PM   #16
RJJJ
Private First Class
8
Rep
117
Posts

Drives: 2020 BMW X6 M50i
Join Date: Aug 2019
Location: NJ

iTrader: (0)

Quote:
Originally Posted by buckybadger View Post
Quote:
Originally Posted by RJJJ View Post
Quote:
Originally Posted by TurtleBoy View Post
Your discount seems pretty decent but I'm sure others will chime in. What you probably want to do is finance the minimum amount (around 7,500 - 15k) and then pay it off in three months or so and you will be able to take advantage of the $3,000 credit they give you for financing.
Thanks for letting me know... Sigh, how can a cash buyer become an disadvantage. Such a price discrimination
Price discrimination, it's an Econ term. I learned about it in my MBA.
I am an Econ major and I just graduated this year
Appreciate 0
      11-22-2019, 09:47 PM   #17
buckybadger
BMW forever!
buckybadger's Avatar
370
Rep
1,180
Posts

Drives: BMW
Join Date: Jan 2009
Location: San Diego, CA

iTrader: (0)

Quote:
Originally Posted by RJJJ View Post
Quote:
Originally Posted by buckybadger View Post
Quote:
Originally Posted by RJJJ View Post
Quote:
Originally Posted by TurtleBoy View Post
Your discount seems pretty decent but I'm sure others will chime in. What you probably want to do is finance the minimum amount (around 7,500 - 15k) and then pay it off in three months or so and you will be able to take advantage of the $3,000 credit they give you for financing.
Thanks for letting me know... Sigh, how can a cash buyer become an disadvantage. Such a price discrimination
Price discrimination, it's an Econ term. I learned about it in my MBA.
I am an Econ major and I just graduated this year
Haha, I'm an MBA student!
__________________
2020 BMW X5 xDrive40i
2019 BMW M2 Competition
2014 BMW 335i
2009 BMW 328i
Appreciate 0
      01-02-2020, 05:20 PM   #18
wqsa007
New Member
3
Rep
7
Posts

Drives: BMW X6
Join Date: Oct 2019
Location: WA

iTrader: (0)

Can we apply Costco discount after placing an order? If so, how?
Appreciate 1
      01-02-2020, 05:34 PM   #19
VTENGR
Captain
315
Rep
965
Posts

Drives: 2020 X5 M50i
Join Date: Aug 2018
Location: Atlanta

iTrader: (1)

Quote:
Originally Posted by VTENGR View Post
Quote:
Originally Posted by arciga18 View Post
Well credit locks only last 60 days on the east coast.

90 days for west coast dealers.

Save this post and come back to it when you take delivery . Let me know how it goes if the programs got better
Yeah - I'll check back in. Rates were not discussed at that time. Just that we were approved. Since my wife and I have great credit, I just assumed I would get the best rate possible. Guess for me it doesn't matter much since the rates on BMWUSA have held steady at 2.99% for the last two months.
Following up on my previous post :

Just finalized the paperwork today for my PCD delivery next week. Got all the incentives and the 2.99% rate without having to submit a credit app (at least I didn't have to fill out another app). I placed my order and OG credit app on 10/14.
Appreciate 0
      01-11-2020, 09:25 AM   #20
JayPichardo
BMW Client Advisor
JayPichardo's Avatar
2782
Rep
2,375
Posts

Drives: 2020 M340i
Join Date: May 2017
Location: Tulley BMW Nashua, NH

iTrader: (0)

Garage List
2020 BMW M340i  [0.00]
Supply has dried up in the northeast for the M50i models. It is crazy!
__________________

Contact me for all your BMW needs in the New England area.
Appreciate 0
      01-12-2020, 01:25 AM   #21
scotchy
Private First Class
62
Rep
174
Posts

Drives: BMW
Join Date: May 2014
Location: Canada

iTrader: (0)

Quote:
Originally Posted by RJJJ View Post
Thanks for letting me know... Sigh, how can a cash buyer become an disadvantage. Such a price discrimination
lol no kidding! Only because they're making it back on the loan/lease.
Appreciate 0
      01-23-2020, 07:12 PM   #22
Jason340Msport
Captain
United_States
170
Rep
884
Posts

Drives: 2020 M340i xDrive
Join Date: Apr 2013
Location: BMW of Bel Air, MD

iTrader: (0)

Quote:
Originally Posted by JayPichardo View Post
Supply has dried up in the northeast for the M50i models. It is crazy!
Not just the northeast, its the entire country! I need an M50 allocation for a sold client and there isn't one available in the entire country! I don't get what the problem is. Up until the last week or two you couldn't get an M340 allocation either
__________________
2020 M340i xDrive
2016 340i xDrive
2013 335i M Sport
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 04:28 PM.




xbimmers
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2020, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST