[vijayG05]

Hi, I am a first time BMW X5 buyer. Below are my numbers and options. Is this a good deal for buying the car? Any input will be greatly appreciated.

• MSRP : $72270
  Discount Percent on MSRP : 11.39%
  Cash Price : $64039
  Document Processing : $85
  Tax : $5931.47(Tax 9.25%)
  Vehicle Transfer Fee from dealer : $30
  Total Price before Rebate : $70085.47
  Manufacturer Rebate : $3000
  Final Purchase Price : $67085.47

Here is my car package:
2020 BMW X5 xDrive 40i
Phytonic Blue Mettalic / Black Vernasca Leather
Convenience package
M sport package
21 inc M Y Spoke By color wheels
Heated front seats, armrest with steering wheel
3rd row seat , Air suspension
Harman Kardon surround system
Extended Shadowline Trim

[L0wK1y]

I'd says that is a pretty good deal. From everyone else's post. 10% off msrp is pretty standard. Anything above that is icing in the cake. Do keep in mind that 2021 is a few months away so that 2020 will have an even bigger discount.

Just for reference, I have a local dealership who is only offering 6% for a 2020 but the northwest dealerships suck.

[AbleDanger]

Originally Posted by dkmun3

Just for reference, I have a local dealership who is only offering 6% for a 2020 but the northwest dealerships suck.

You must live in the same part of WA as I do. I just contacted my local dealer - who has honestly been pretty good to me - about looking into lease-end options prior to October. I'm not hopeful the deal will be on the magnitude that many are seeing on here. I'm looking into X5 40i or X3 M40i - but was told that 2020 orders are closed with 2021 MY around corner.

[L0wK1y]

I am in south eastern WA for reference. Narrows down the dealership lol. It's hard for low volume dealers to give big discounts because they don't see the selling incentives the big guys see. I generally travel to get the best deals but that idea has been shut down by COVID. A lot of dealers can be found with 10% off MSRP before incentives if you search for them. Just be willing to have the car shipped or make the trip yourself.

This 11.39% off pre-incentives is a pretty good deal.

[vijayG05]

Originally Posted by dkmun3

I'd says that is a pretty good deal. From everyone else's post. 10% off msrp is pretty standard. Anything above that is icing in the cake. Do keep in mind that 2021 is a few months away so that 2020 will have an even bigger discount.

Just for reference, I have a local dealership who is only offering 6% for a 2020 but the northwest dealerships suck.

Thank you for the inputs. I am learning a lot from this forum especially about custom build orders. I was not aware that even for custom build orders, the dealers will give like 8% to10% discount. Are there any major differences b/w 2020 vs MY 2021. Did I make any bad decision going with 2020 model. Do I need to be concerned about the quick depreciation as the new 2021 MY is just couple of months away?

[Cal]

Vijay, your deal sounds fantastic! For a list of differences for MY21, see https://g05.bimmerpost.com/forums/sh....php?t=1725735. In the short term, yes, MY20 resale values will take a quick depreciation hit, but if you're planning to keep the car long term, the difference should hopefully not be too much (ie, no facelift, no engine differences, etc).

Are you in So Cal or NorCal? Do you mind sharing the dealer name? Looking to purchase a 20 X5 as well, and most dealerships I've contacted are giving 10% off MSRP (pre-incentives) max.

[vijayG05]

Originally Posted by Cal

Vijay, your deal sounds fantastic! For a list of differences for MY21, see https://g05.bimmerpost.com/forums/sh....php?t=1725735. In the short term, yes, MY20 resale values will take a quick depreciation hit, but if you're planning to keep the car long term, the difference should hopefully not be too much (ie, no facelift, no engine differences, etc).

Are you in So Cal or NorCal? Do you mind sharing the dealer name? Looking to purchase a 20 X5 as well, and most dealerships I've contacted are giving 10% off MSRP (pre-incentives) max.

Yes, I usually keep the car for 6 to 7 years. I live in NorCal Fremont area. Not sure whether I can share the dealer name openly in the forum. But, I hope you got the idea about the dealer.

[paliknight]

Originally Posted by vijayG05

Yes, I usually keep the car for 6 to 7 years. I live in NorCal Fremont area. Not sure whether I can share the dealer name openly in the forum. But, I hope you got the idea about the dealer.

You can share the name here

[Cal]

Thanks Vijay!

[vijayG05]

Originally Posted by paliknight

You can share the name here

It's Fremont BMW

[paliknight]

Originally Posted by vijayG05

It's Fremont BMW

Nice. I bought my M3 from them

[paliknight]

If the manufacturer rebate region specific? I just got quoted for a cash deal with a manufacturer rebate of 3,500 and USAA of 2,000, but the discount before either was only 9% for a vehicle in under lot.

[L0wK1y]

From my understanding, yes incentives including financing rates are region specific.