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      01-10-2020, 06:23 PM   #1
faang
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Bad or not that bad?

2020 X5 40i
MSRP: $67245
Discount: -$6100
Incentives: -$3750

Online build. Thoughts?
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      01-10-2020, 06:38 PM   #2
TurtleBoy
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A little over 9% discount which seems to be pretty good. In some areas folks are getting 10+% but in others they seem to be struggling for 5%. You can always try for another 1% but probably is a good deal without that as long as there are no exorbitant fees.
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      01-10-2020, 07:20 PM   #3
faang
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Quote:
Originally Posted by TurtleBoy View Post
A little over 9% discount which seems to be pretty good. In some areas folks are getting 10+% but in others they seem to be struggling for 5%. You can always try for another 1% but probably is a good deal without that as long as there are no exorbitant fees.
Thank you, I think I can take it then.
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      01-11-2020, 07:57 AM   #4
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Quote:
Originally Posted by faang View Post
2020 X5 40i
MSRP: $67245
Discount: -$6100
Incentives: -$3750

Online build. Thoughts?
Not bad.
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      01-11-2020, 08:13 AM   #5
zhangyi17
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Quote:
Originally Posted by faang View Post
2020 X5 40i
MSRP: $67245
Discount: -$6100
Incentives: -$3750

Online build. Thoughts?
I don't know the OP's spec of his 40i. If it's a base spec then I am genuinely surprised that Canadian are probably paying similar or even less at MSRP (Canadian 40i MSRP CAD$71.5k ~ $55k USD). I thought we Canadian always pay more for the same thing? Am I missing something here?
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      04-02-2020, 10:37 AM   #6
johnmartin3381
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You should make sure to check all the history of the car on Vehicle Check Pro.
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      04-03-2020, 10:54 AM   #7
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Quote:
Originally Posted by zhangyi17 View Post
I don't know the OP's spec of his 40i. If it's a base spec then I am genuinely surprised that Canadian are probably paying similar or even less at MSRP (Canadian 40i MSRP CAD$71.5k ~ $55k USD). I thought we Canadian always pay more for the same thing? Am I missing something here?
I just did some quick math between BMWusa and BMW.ca - you're right, but it's a little difficult to confirm because the build config is different, and the option packages are too so this may not hold for all builds. That said, the gap seems to widen when you add options not get tighter.

Base to Base 40i xDrive is $76,399 CAD ($54,066 USD) vs $61,200 USD in the US. I just compared my build...its pretty shocking. All before incentives and discounts etc:

my US price: $86,725.00
CA equivalent: $72,978.00 ($103,124 CAD)

What I cant tell is if the HK stereo isn't offered in Canada, or its standard. I see the B&W option, but not HK in the config - we can select it in the US for 40i builds but it comes standard in the M50i.

Pretty substantial difference! Maybe its to offset GST and added taxes etc - I haven't lived there in a while and cant remember if one pays GST and PST on new cars.
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      04-03-2020, 11:36 AM   #8
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Quote:
Originally Posted by Skilly View Post
What I cant tell is if the HK stereo isn't offered in Canada, or its standard. I see the B&W option, but not HK in the config - we can select it in the US for 40i builds but it comes standard in the M50i.
In Canada, HK is not standard and included in Premium Enhanced and Excellence packages for 40i and M50i
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      04-03-2020, 11:53 AM   #9
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Quote:
Originally Posted by Skilly View Post
Quote:
Originally Posted by zhangyi17 View Post
I don't know the OP's spec of his 40i. If it's a base spec then I am genuinely surprised that Canadian are probably paying similar or even less at MSRP (Canadian 40i MSRP CAD$71.5k ~ $55k USD). I thought we Canadian always pay more for the same thing? Am I missing something here?
I just did some quick math between BMWusa and BMW.ca - you're right, but it's a little difficult to confirm because the build config is different, and the option packages are too so this may not hold for all builds. That said, the gap seems to widen when you add options not get tighter.

Base to Base 40i xDrive is $76,399 CAD ($54,066 USD) vs $61,200 USD in the US. I just compared my build...its pretty shocking. All before incentives and discounts etc:

my US price: $86,725.00
CA equivalent: $72,978.00 ($103,124 CAD)

What I cant tell is if the HK stereo isn't offered in Canada, or its standard. I see the B&W option, but not HK in the config - we can select it in the US for 40i builds but it comes standard in the M50i.

Pretty substantial difference! Maybe its to offset GST and added taxes etc - I haven't lived there in a while and cant remember if one pays GST and PST on new cars.
I think the taxes vary by province. In BC it looks like this PLUS the 5% GST.
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      04-03-2020, 12:15 PM   #10
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Quote:
Originally Posted by scotchy View Post
I think the taxes vary by province. In BC it looks like this PLUS the 5% GST.
wow - am I reading this right as a progressive PST/ 20%!! That's some serious robbery!

In California it ranges between 8% and 10%....they get you on the trade values. No matter the offset, they will make you pay the full tax amount on any transaction!
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      04-03-2020, 12:22 PM   #11
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Quote:
Originally Posted by Auricom View Post
In Canada, HK is not standard and included in Premium Enhanced and Excellence packages for 40i and M50i
Thanks! I figured it was probably the configurator or error on my end using it!

What this price difference does reveal is that there is a lot of room in pricing in general. Taxes aside retail CDN vs retail USD (prior to incentive) is quite a gap.

The discussions/recommendations here around pricing negotiation seems to hover at 10% being the target - not an exact science but a good baseline. Does the CDN market have that same negotiation room from the list price too?
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