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      07-13-2019, 06:20 PM   #1
bimmer1000
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Good deal on 2020 BMW X5?

I got a discount of 9-10% over the sticker price. Do you guys think it is a good deal?
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      07-13-2019, 07:11 PM   #2
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Quote:
Originally Posted by bimmer1000 View Post
I got a discount of 9-10% over the sticker price. Do you guys think it is a good deal?
10% was a good discount on 2019 in June and I just recently saw another post from someone in US bringing up 5% discount on 2020 so I'd say you are getting a very good deal if it's indeed 2020.
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      07-13-2019, 08:36 PM   #3
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Quote:
Originally Posted by bimmer1000 View Post
I got a discount of 9-10% over the sticker price. Do you guys think it is a good deal?
No details on what you negotiated to evaluate: MSRP, negotiated selling price.

Anyone can post on a forum and said they got N% off.
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      07-13-2019, 08:51 PM   #4
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Quote:
Originally Posted by bimmer1000 View Post
I got a discount of 9-10% over the sticker price. Do you guys think it is a good deal?
9-10% on MY2020 is indeed a good deal if it's before any incentives. My CA in Brooklyn NY told me that they could do about 5-6% on MY2020.

I agree with the other post. It's better to provide more information here to determine whether the deal is really 9-10% because the dealer could have played some number games to make the percentage to look good.

I posted my experience in the other thread. My CA initially gave me an "inflated" MSRP price as a starting point of negotiation and we got to about 9%. The CA then shot himself on the foot and I was able to catch him playing tricks on me. He later applied the 10% on the actual MSRP price. Mine is MY2019, ordered it during the last week of June 2019.
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      07-14-2019, 12:41 AM   #5
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Thanks guys. Will post final build order with discounts to the forum soon.
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      07-16-2019, 09:48 AM   #6
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Just joined the forum, so first post here. This seems like a very good deal. I was able to get just over 8% off MSRP on a 2020 40i with the following specs:

Carbon black
Coffee Merino extended
Driving assistance
Luxury seating
M sport
Executive
Air suspension
Leather dash
Acoustic glass
Glass controls
Heated seats / armrest
B&W

MSRP $84,395, less $7k before any BMW incentives.
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      07-16-2019, 01:23 PM   #7
bonesaw
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Quote:
Originally Posted by rcrc View Post
Just joined the forum, so first post here. This seems like a very good deal. I was able to get just over 8% off MSRP on a 2020 40i with the following specs:

Carbon black
Coffee Merino extended
Driving assistance
Luxury seating
M sport
Executive
Air suspension
Leather dash
Acoustic glass
Glass controls
Heated seats / armrest
B&W

MSRP $84,395, less $7k before any BMW incentives.
Was this on the lot or did you order? I'm in NJ as well. Would you mind sharing the dealer?
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      07-16-2019, 02:05 PM   #8
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Quote:
Originally Posted by bonesaw View Post
Was this on the lot or did you order? I'm in NJ as well. Would you mind sharing the dealer?
Must be an order because start of production is not until August.
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      07-16-2019, 02:09 PM   #9
VTENGR
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Quote:
Originally Posted by bimmer1000 View Post
I got a discount of 9-10% over the sticker price. Do you guys think it is a good deal?
Where are you located? My local dealer didn't seem too interested in discounting the 2020.
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      07-16-2019, 06:58 PM   #10
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South East region can get 8.5-9.5% off MSRP on 2020 X5 orders
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      07-16-2019, 07:47 PM   #11
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Quote:
Originally Posted by happydanny3 View Post
South East region can get 8.5-9.5% off MSRP on 2020 X5 orders
Can you tell me your build and your dealer? Your discount is great for the new 2020’s just coming out. Thanks.
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      07-16-2019, 07:56 PM   #12
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I placed my order today in Mid Atlantic region, MSRP $75370 with $7070 discount (9.4%) before incentives (if any available when build complete)
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      07-16-2019, 09:58 PM   #13
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Originally Posted by mephisto2k2 View Post
I placed my order today in Mid Atlantic region, MSRP $75370 with $7070 discount (9.4%) before incentives (if any available when build complete)
That’s a decent deal for MY2020. What is your build like?
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      07-16-2019, 10:08 PM   #14
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Quote:
Originally Posted by doctorttt View Post
That’s a decent deal for MY2020. What is your build like?
Carbon Black Metallic, M Sport, Ivory White Extended Merino, Convenience, Premium, Driving, Parking, Multi-contour seats, HK Surround, Heated rear seats & steering wheel.
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      07-18-2019, 08:46 AM   #15
VTENGR
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Quote:
Originally Posted by happydanny3 View Post
South East region can get 8.5-9.5% off MSRP on 2020 X5 orders
I always thought invoice was around 7% - How can a dealer sell the car for less than invoice? Or why would they want to?
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      07-18-2019, 09:40 PM   #16
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Invoice plus 7% is in Canada and even then there are variations, incentives to dealers on the top of that etc. general public will never see the whole picture. US is different universe they can already do 10% discounts on 2020
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      07-19-2019, 06:30 AM   #17
VTENGR
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Quote:
Originally Posted by AustinV View Post
Invoice plus 7% is in Canada and even then there are variations, incentives to dealers on the top of that etc. general public will never see the whole picture. US is different universe they can already do 10% discounts on 2020
I tried to negotiate a 2019 50i knowing they will be eager b/c the 2020 will be rolling out soon. Best deal I got was 9.8% and that's with incentives. I didn't bite, but when the 2020s roll out, I'm not thinking they will be as aggressive. I guess when I'm ready to order I'll shop dealers and maybe even have to go out of state.
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      07-19-2019, 06:44 AM   #18
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whats the rest of the deal look like? remember sale price is just part of the deal, especially if your leasing. I would get the full breakdown of the deal then post it up, then you can get the feedback and go from there
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      07-19-2019, 09:16 AM   #19
VTENGR
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Quote:
Originally Posted by GOLFFRR View Post
whats the rest of the deal look like? remember sale price is just part of the deal, especially if your leasing. I would get the full breakdown of the deal then post it up, then you can get the feedback and go from there
It was just an outright purchase - financed - no trade it.

Build = 2019 50i M Sport
MSRP = $96,545 (includes destination)
Sale Price = $89,749
Finance incentive = $2,000
BMW Conquest incentive = $750
Total Purchase = $86,999
Total discount = 9.8%

I think this was a very fair deal. I'm just struggling knowing people are getting 9% before incentives. This negotiation was over the course of 3 days. At the end BMW walked, so I guess this really was their bottom.
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      07-19-2019, 11:33 AM   #20
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Quote:
Originally Posted by VTENGR View Post
It was just an outright purchase - financed - no trade it.

Build = 2019 50i M Sport
MSRP = $96,545 (includes destination)
Sale Price = $89,749
Finance incentive = $2,000
BMW Conquest incentive = $750
Total Purchase = $86,999
Total discount = 9.8%

I think this was a very fair deal. I'm just struggling knowing people are getting 9% before incentives. This negotiation was over the course of 3 days. At the end BMW walked, so I guess this really was their bottom.
So it's 7.5% before incentives. I think for US it certainly could be better, like 10% plus incentives is more of a norm, especially considering that 2020 is around the corner. Although it's still very much based on the different states, but I have certainly seen 10% plus incentives reported here on the forum even back in May-June. Anyway nobody can ever get it perfect, there's always going to be variations, please just enjoy the car 50i is a monster on the wheels!!!
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      07-19-2019, 11:43 AM   #21
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I think it depends on the region. I was talking to my CA last month when mine was in for work and mentioned the discounts have really increased since I got mine. He said they have not changed there at all and are still topping out around 6-6.5%. In three years when I'm looking at my next one I will check with other dealers in the state also to see what they are offering.
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