09-17-2020, 06:48 PM | #1938 |
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09-17-2020, 07:57 PM | #1939 | ||
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09-17-2020, 08:08 PM | #1940 |
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Thanks bro. Trying to run some numbers.
Do you or does someone know how do you calculate trade-in equity for the outgoing lease. My outgoing leases are pristine condition and under 30K mileage. I heard there are ways you can calculate equity and rollup in the new lease. Any idea? |
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09-18-2020, 02:27 PM | #1941 |
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Was hoping to confirm one specific option cost as the BMW configurator is in conflict with recently published pricing guides. I’m looking at ordering a ’21 X5 40i and my build includes Luxury Seating Package (ZLS). The pricing guide has this at $1,000 (Front Messaging Seats - 4T7 are an additional $1000 option which I don’t want). The configurator has an option called ‘Luxury Seating Package’ and it is $1,600 but includes the messaging seats. I believe this is how these options were packaged for MY20, so assuming just a bug in the configurator and to go with the $1k ZLS for calculating the cost of my build.
As I have been told, trust the pricing guides and not the configurator! |
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09-18-2020, 02:46 PM | #1942 | |
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I've never seen BMW build any equity in 1st 3 years. Market price is usually on par or lower than the residual, unless you paid down payment to reduce cap cost then it looks like you can recoup your down payment but barely. With the way market is these days, maybe, since cars seem to be hot commodity but still.
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09-18-2020, 04:55 PM | #1943 |
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Custom X5 order. Finance
Is there a reason why BMW is not offering any incentives on finance vehicles? Does this mean dealerships wont go under invoice now? I am looking to place an order. I live in Arizona 85383
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09-18-2020, 07:08 PM | #1945 | |
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% of miles unused/Credit 10-14.9 /$200 15-24.9 /$250 25 and up /$300 |
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09-18-2020, 07:11 PM | #1946 | |
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09-18-2020, 07:15 PM | #1947 |
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No need to, the vehicles are selling without them and they are trying to clear out the MY20 inventory. In some regions they are already offering incentives and those will probably be extended to all regions in the next few months.
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09-18-2020, 07:17 PM | #1948 |
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09-18-2020, 07:59 PM | #1950 |
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09-18-2020, 08:48 PM | #1951 | |
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Now with Covid and all fake demand created by the shutdown production line, no one is buying cars left alone luxury cars until mid next year hopefully. Dealers are creating hype saying no allocations are available, too much demand, low supply...BS. There are no allocations because plant was shutdown and BMW laid people off. It's all public data. It's all fluff and fake like stock market. Everyone knows the real situation. Economy is 'ffed up. Mass layoffs are happening. Fortune 100/500 laying people off. and no one is spending other than few suckers like us whose leases are up and need to replace cars. btw do you still go to Brian Sorce @Wide World BMW. Don't know if you still remember me. My x35i was from Wide world and I talked to you few times in 2014. when you took black m-sport from them as well. Yup aware of this. Max I can get $300 on each car...lol. |
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09-19-2020, 12:25 AM | #1952 | |
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Now Audi has horrible residual, down from 56 to 51% on new model, 50% on prestige.. Back to WWBMW, they are asking for $2000 DAS + $997/mo on a $71-$72k build.. I think that calculates to about 3.5% off MSRP.. laughable to be honest. At 10% off MSRP I am ready to sign.. How come brokers are offering 10.5% to 11% off but us returning customers cannot get anything close to these? Bad side of brokers are you gotta pay about $1k extra out of pocket (NJ dealers $600'ish doc fees and broker's $400 fee) that's $30/mo more you are paying but it's recouped by extra % off MSRP, problem is they are not rolling and they want these upfront, including dealer fees. I totally agree that this fake demand, as if there are no cars on the lot, you check the inventory there is plenty, worst is when I heard "we are not giving away cars" hey Mr. Dealer, if you say that I will never call you or visit you again, I might call and ask for another salesman but not you. I do feel the prices will improve if we wait a little. Winter hits, people settle, nobody is going to be driving around, nobody will need to show off their nice cars. One dealer said "people are fleeing NY and they want cars" I was like, really? They want SQ5 or X4 m40i to flee (both Audi and BMW dealers said same thing, including BMW Bayside, who offered me slightly better than WWBMW but not nearly enough). I think they do want to move new 5 series, but I hear it's not the ultimate driving machine and not worth going down to sedan over X5. I got my last BMW from BMW Oyster Bay, John. Another ghoster. I called him, we spoke, he was like of course I got you. 3 days no response. 5 days, no response. I texted him he said will get you numbers tomorrow.. nothing. What's up with dealers? If it's really a hype at least respond with something, seriously it's mind boggling. I will end up extending my Q7 lease to show them all wait until it's dead and they can't sell cars anymore and I'll grab a $70k XC90 for $700/mo.. I don't care really 3 years pass really quickly. No biggie. There is a really cool sales guy at BMW Rallye gotta find his card, super professional and respectful guy came out walked around the lot with me, let me see if I can find his card, they are not known for their discounts but you never know.
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09-19-2020, 12:38 PM | #1953 | |
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09-19-2020, 01:08 PM | #1954 |
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That is correct from what we have seen. There hasn't been an order guide posted since the original one, as far as I know, so hopefully someone posts a current version soon.
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09-20-2020, 02:27 AM | #1955 | |
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Not going to pick from east coast any more, dealing with west coast out of state dealers for the last 4 leases. He already put it order for 45e and 40e. I have to pick up X5 + 530 or X5 + X5 if he can make good deal. Worst case, I will do 21 X5 (custom order) + 20 X5 from lot (with more discount) since I do need to replace both leases. This is funny, People are fleeing NY but they need luxary cars to flee in...should have asked why the 'ck they can't flee in toyota or honda..lol Agreed, December you will see more incentive w/agressive pricing. Today I stopped by BMW dealer in the afternoon to check out new phytonic blue color. It was sunny nice weather no rain in seattle. Litterly there was no one in the center checking out new cars. There was one more chinese family of 6 people (tucked inside x5 trying to do test drive next to phytonic blue X5 which I was checking out, other than that nothing. let's hope higher residual or more incentives will be available in Dec. |
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09-20-2020, 08:57 PM | #1956 |
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That blue looks amazing, but only if you get msport because against the base rims with black plastic fenders, it just doesn't look nearly good, which is why I changed my mind about the blue. I am not getting mSport and I wanted to go with Black on 20 or 21" rims and to my surprise getting bigger and wider rims don't seem to add the flares anymore, which is really weird. It seems to me like typical BMW. 1st "gen" of redesign has lots of plastic, then they fix those in LCI.
I am pushing my Audi dealer to get me better numbers and I told them I'll come and in swap the moment I get comparable deal to my existing lease on latest Q7. If they can't do that, we'll see how X5 pricing is. If anyone is getting 10 to 11% off, I am ready to sign, please share the dealer and ask them for referral bonus LOL.
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09-20-2020, 10:36 PM | #1957 | |
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Saw a few people posted 10% and 11% in CO and other states. |
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09-20-2020, 11:27 PM | #1958 |
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Anyone know how to sign up for the BMW Unplug to Unleash Sales event to get the OL code for the $1k incentive? Thanks!
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Past BMWs - '20 740i, '20 X3M, '19 540i M-Sport, '19 440i GC M-Sport, '18 M3 Comp., '18 X5 sDrive35i, '18 340i, '17 X3 sDrive28i, '15 335i xDrive Sport Line, '14 428i Coupe |
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