[matthewk]

For what it's worth I just got a MY23 X6MC @ $5k off, MF @ .00170, no ads. Reasonable deals are out there, if you're patient and willing to travel a bit.

[no7thgear]

Originally Posted by matthewk

For what it's worth I just got a MY23 X6MC @ $5k off, MF @ .00170, no ads. Reasonable deals are out there, if you're patient and willing to travel a bit.

Thanks for this! 5k off is a great deal.

I used to enjoy negotiating vehicles but I am just tired of it now. Sell me the car at MSRP I understand you need to make money but it's unethical to mark up a finance rate to make more money.

[no7thgear]

Originally Posted by CarMan77

.00170 MF

Did it just increase Jan 1?

Dealer I'm working with is telling me buy rate is currently .00185 and promises me there is no markup on it. This is in the northeast market not sure if that makes a difference?

[rcw119]

It looks like my dealer is jacking up the base rate by a %. Can anyone confirm the base rate is 4.59% for Feb.

Going to bring my own financing if they go with 5.59%

[bmwauug]

Originally Posted by rcw119

It looks like my dealer is jacking up the base rate by a %. Can anyone confirm the base rate is 4.59% for Feb.

Going to bring my own financing if they go with 5.59%

pm'd - you can do better push

[BKX5M]

I have a 2022 X5M lease with around 5,000 miles on a two year contract that's up in October. The contract was for 15K miles but I'm obviously not close to hitting that.

In October I'm planning to get a 2024 BMW X5M Competition - with the mileage I have on this car what leverage, if any do I have?

[spitfire9200]

Hi all,

I'm getting quoted a MF of .00225 with a 52% RV / 10k & 51% RV 12k on a 2023 X5M.

Is that the base money factor? I usually finance and I've seen a few others getting lower MFs. Does the dealer have the ability to lower it? Is there a "bottom" MF that's consistent across dealers that I should counter with?

Thanks!

[Redreximus]

Originally Posted by spitfire9200

Hi all,

I'm getting quoted a MF of .00225 with a 52% RV / 10k & 51% RV 12k on a 2023 X5M.

Is that the base money factor? I usually finance and I've seen a few others getting lower MFs. Does the dealer have the ability to lower it? Is there a "bottom" MF that's consistent across dealers that I should counter with?

Thanks!

Base rate is .00185, dealers can mark up 40 points to .00225.
So "bottom" would be 185.

[spitfire9200]

Originally Posted by Redreximus

Base rate is .00185, dealers can mark up 40 points to .00225.
So "bottom" would be 185.

Thank you! Got them to drop it to the base rate. Appreciate the reply.

[SLOWER]

Originally Posted by spitfire9200

Hi all,

I'm getting quoted a MF of .00225 with a 52% RV / 10k & 51% RV 12k on a 2023 X5M.

Is that the base money factor? I usually finance and I've seen a few others getting lower MFs. Does the dealer have the ability to lower it? Is there a "bottom" MF that's consistent across dealers that I should counter with?

Thanks!

What did you end up with for a deal?

[spitfire9200]

Originally Posted by SLOWER

What did you end up with for a deal?

2023 X5M Comp
$126,999 MSRP
5% off
51% residual
.00185 MF
3yr/36k miles

- $1,000 college grad (my masters) & $500 NFCU incentive(s)

After a ton of research I thought it was a damn good deal for a 2023 loaded X5M comp (in today's market). I'm also not a fan of the 2024 price hike or iDrive 8.

[Alan l.]

Just thought i'd share some info I got from my SA.

I plan to keep my 2020 X5M but wanted to know what the 2024 payment would be like in todays world.

132,145 MSRP (selling price)
MF .00165
RV 52%
10K Miles
1K loyalty rebate
Taxes and fees all paid up front (about 10K)

$2,063 monthly payment

This is insane considering my loaded 2020 is $1,375

Alan

[Consuldean]

anyone ordered in Canada the LCI X5M ? What discount can one expect ? I’m struggling to get more than 3k on a fully loaded order.

Any data point appreciated.

[dnd2984]

Originally Posted by Alan l.

Just thought i'd share some info I got from my SA.

I plan to keep my 2020 X5M but wanted to know what the 2024 payment would be like in todays world.

132,145 MSRP (selling price)
MF .00165
RV 52%
10K Miles
1K loyalty rebate
Taxes and fees all paid up front (about 10K)

$2,063 monthly payment

This is insane considering my loaded 2020 is $1,375

Alan

$2063 a month with Fees and Taxes up front?? Roughly $2340 a month with all rolled in?

[Alan l.]

Sounds about right. I love this generation X5M but i can't see paying that sort of money for it. Especially coming from a 2020 where the only "improvement" the 2024 has over it is really just the tail lights which should be interchangeable as long as rewiring isn't required.

I'm going to wait it out a year to see where things land with incentives/deals/rates.

[Harrisjr]

Anyone have intel on why BMW dealers aren’t certifying the low mileage 22 and 23 X5Ms that are showing up on lots? Is it just b/c they don’t have to in order to sell, or are there issues with anything once you get beyond 50k miles?

[smithf80]

Originally Posted by Harrisjr

Anyone have intel on why BMW dealers aren’t certifying the low mileage 22 and 23 X5Ms that are showing up on lots? Is it just b/c they don’t have to in order to sell, or are there issues with anything once you get beyond 50k miles?

They're all under factory warranty, and it costs them money to CPO, so probably just no need to.

[spaceage]

Originally Posted by Redreximus

Base rate is .00185, dealers can mark up 40 points to .00225.
So "bottom" would be 185.

Looking to lease a 2023 X6MC, are these rates current as of late May? My quote is .00215 today.

[Retro707]

I just got quoted


MF .00250
$10k down
36kmonths
10k miles

$142,550 MSRP
-$1000 Loyalty


$2463 a month


Seems absurd.

[ChrisDF95]

You should never put that kind of money down on a lease
7000 10000 I’m hearing that’s nuts!

You total that car
Or it gets lemon lawed for some reason

You don’t get a penny back
Your just buying your payment at that point


Leases I do first payment tag ans fees
So about 5k down on 120k lease I’m at 1900 a month 12k a year
I did the lease oct 2020

There was no cars I still had to order
My buyout come oct is about 70k



My fam owns a few dealerships where I grew up I know a few things .

[Alan l.]

These payments were for supercars not too long ago.....jesus

[Retro707]

Of course 2020 was a diff story

And total the car? Lemon law?

That’s a risk anyone and everyone takes.

I put enough towards cap cost to lower my payment where I want it to be.. if I was at all paranoid on losing money in the event of a total loss, I wouldn’t be getting a 140k car.

I currently have a 2021 X5MC I custom ordered in nardo grey for $1450 a month

That was on Aug of 2021

Those days are long gone

I just know the money factor is high, rates are high and pricing is hard to negotiate especially here in California

I’ve been a finance manager for 11yrs in the auto industry so I as well know a few things.

At best I can hold off until next August when my lease is up and hope things are better.