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      05-02-2020, 05:01 AM   #1651
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Quote:
Originally Posted by Jason View Post
Updated with May program -- no changes.
Jason - There are many changes in May, APR credit, loyalty, and APR% ... are you sure about no changes
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      05-02-2020, 08:48 AM   #1652
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Quote:
Originally Posted by psuibmw View Post
Jason - There are many changes in May, APR credit, loyalty, and APR% ... are you sure about no changes
I think he's referring to RV and MF. I'm not sure about loyalty... has that changed?
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      05-02-2020, 01:19 PM   #1653
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Quote:
Originally Posted by psuibmw View Post
Jason - There are many changes in May, APR credit, loyalty, and APR% ... are you sure about no changes
There are no changes between April and May to the RV (for leasing) and the lease/APR/loyalty credits (for leasing and buying), which is what Jason's comment refers to. The official part of this thread only lists those figures anyway. The reason is because the MF for leasing and the APR for buying can vary depending on region, credit, dealer, etc. But the base MF for leasing also did not change between April and May - it's still 0.00118. The base APR for buying is the only thing that changed - from 2.9% (if I recall correctly) to 0.9%. Hope that helps!
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      05-02-2020, 04:41 PM   #1654
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taking delivery in May

Hi all,

I ordered an X5 in March (financing) with 2000 APR credit and 750 conquest credit + 3.29 APR.

The car arrived in April however due to stay at home order I haven't picked it up yet (didn't sign anything).

I plan to take delivery sometime this month, and see the APR credit became 2500 and APR became 0.9%, does that mean now I could take advantage of the extra 500 and lower APR? so total rebate I can ask from the dealer is 3250 (2500 + 750) and 0.9 APR?

Thanks!
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      05-03-2020, 11:31 AM   #1655
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Quote:
Originally Posted by qscpkn View Post
Hi all,

I ordered an X5 in March (financing) with 2000 APR credit and 750 conquest credit + 3.29 APR.

The car arrived in April however due to stay at home order I haven't picked it up yet (didn't sign anything).

I plan to take delivery sometime this month, and see the APR credit became 2500 and APR became 0.9%, does that mean now I could take advantage of the extra 500 and lower APR? so total rebate I can ask from the dealer is 3250 (2500 + 750) and 0.9 APR?

Thanks!
From what I see on my dealer's website, the X5 xDrive 40i has $2500 (if financed via BMW) plus $1000 loyalty or $500 conquest. X5 xDrive 50i has $3500 (if financed via BMW) plus the $1000 loyalty or $500 conquest. The other option appears to be $3500 for the X5 xDrive 40i if you bring your own financing but I'm not sure if you can combine with the loyalty or conquest. You would think it could be combined but elsewhere it suggests the max one could get by combining is $3500 total for the 40i and $4500 for the 50i.

We are in a similar situation as we ordered in March and the car is sitting in Oxnard waiting to be put on a trailer so it should arrive this month. But it would appear the biggest difference between then and now in the incentives is the 0.9% interest rate. Cash improved by $250 but depending upon one's credit rating and how much you were going to borrow, the loan rate is where they provide the most interesting offer. Presumably they can do this because of the low cost of borrowing right now.
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      05-04-2020, 02:27 PM   #1656
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Quote:
Originally Posted by bforbrian View Post
Thanks. It may be a moot point to bring up since I have to take delivery of the vehicle by June 1, which won't happen.
Unless of course they offer this for the month of June also. It's possible the dealer hasn't received the updated May program from BMW NA yet or has yet to review it. They're likely referring to the $750 conquest incentive that is offered for purchasing for first time BMW customers. They're conflating it because the number is the same. This two-month payment waiver is a totally new thing and has nothing to do with incentives/rates. It just waives your first two payments. I would educate the dealer.
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      05-07-2020, 11:52 AM   #1657
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Does bmw offer a 7500 mi lease in Florida?
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      05-07-2020, 02:03 PM   #1658
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Quote:
Originally Posted by wheine4147 View Post
Does bmw offer a 7500 mi lease in Florida?
Yes, I have one since Jan. 2019.
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      05-08-2020, 09:33 AM   #1659
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Finally a deal to post

2020 X5 s40i (Phoenix, AZ)

MSRP = $64,045
Cap Cost = $56,600
Cap Cost Reduction = $350
MF = Buy rate @ .00118
Residual = 56% at 36/10

$698/mo.

Feel pretty good about. Last minute deal on April 30!

LBH
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      05-08-2020, 09:35 AM   #1660
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Quote:
Originally Posted by LBH23 View Post
2020 X5 s40i (Phoenix, AZ)

MSRP = $64,045
Cap Cost = $56,600
Cap Cost Reduction = $350
MF = Buy rate @ .00118
Residual = 56% at 36/10

$698/mo.

Feel pretty good about. Last minute deal on April 30!
Congratulations! Good luck, enjoy and be safe.
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      05-11-2020, 10:31 AM   #1661
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Quote:
Originally Posted by LBH23 View Post
2020 X5 s40i (Phoenix, AZ)

MSRP = $64,045
Cap Cost = $56,600
Cap Cost Reduction = $350
MF = Buy rate @ .00118
Residual = 56% at 36/10

$698/mo.

Feel pretty good about. Last minute deal on April 30!

LBH
That's a really good deal. Enjoy!
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      05-12-2020, 07:50 AM   #1662
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Quote:
Originally Posted by LBH23 View Post
2020 X5 s40i (Phoenix, AZ)

MSRP = $64,045
Cap Cost = $56,600
Cap Cost Reduction = $350
MF = Buy rate @ .00118
Residual = 56% at 36/10

$698/mo.

Feel pretty good about. Last minute deal on April 30!

LBH
Any out of pocket up front?
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      05-12-2020, 11:28 AM   #1663
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Thank you everyone for sharing your purchasing experience! This is great info that I will use as I start my purchase for X5.
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      05-12-2020, 03:41 PM   #1664
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What was your total out of pocket?Did you do the MSD program and if so how many payments?
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      05-15-2020, 12:40 PM   #1665
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to those who asked -

my total OOP was around $3750.

Doc fee of $499 in AZ (aka, profit)
Reg/plates was about $1200
First payment of $698
Cap cost reduction of $315
Acq Fee of $925
And I am missing a few of the taxable bits and BS. Bu there you have it. Hope this helps. Don't think I would have gotten this deal in January or February!

Last edited by LBH23; 05-15-2020 at 12:40 PM.. Reason: typo
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      05-15-2020, 02:11 PM   #1666
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Quote:
Originally Posted by LBH23 View Post
to those who asked -

my total OOP was around $3750.

Doc fee of $499 in AZ (aka, profit)
Reg/plates was about $1200
First payment of $698
Cap cost reduction of $315
Acq Fee of $925
And I am missing a few of the taxable bits and BS. Bu there you have it. Hope this helps. Don't think I would have gotten this deal in January or February!
I too placed my order on 4/30! Hoping the June programs will be a bit better... below were the numbers for my deal:

2020 BMW X5 x40i MSport (10K/36 mo)
MRSP: $84,020
Monthly: $875
OOP: $5441 (1st month of $875, NY taxes, fees)

My monthly to MSRP % is 1.041% as a quick metric.

Last edited by bforbrian; 05-20-2020 at 09:34 AM..
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      05-29-2020, 11:24 AM   #1667
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Hey guys, might be looking to add G05 to our stable but so far getting some mixed responses when it comes MSRP discounts prior to discounts.
What are you guys seeing as to MSRP discount on 2020 models now with Corona going on?
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      05-29-2020, 12:54 PM   #1668
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Quote:
Originally Posted by MissionPerformance View Post
Hey guys, might be looking to add G05 to our stable but so far getting some mixed responses when it comes MSRP discounts prior to discounts.
What are you guys seeing as to MSRP discount on 2020 models now with Corona going on?
I'm in Florida looking for a X5 and finding it difficult to get a good discount. So far most below 6%. Had 1 at 9%, nothing higher
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      05-29-2020, 05:05 PM   #1669
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same in North East, dealer says that because of shutdown there is now shortage of production slots and not willing to go more than 5%.
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