[Tim2189]

Originally Posted by RowanBuds

10% on a 2020 order (plus incentives if you qualify) is a very good deal. I've locked my deal in at 10.5% off on an ordered 2020 plus 1250 loyalty incentive, making it effectively 12.1% off the msrp. Very happy with that on a first week build 2020 allocation with no additional negotiations needed.



11% on a 2019 is not such a great deal at this point in time - the 2020's are not just 'coming in any day now', they're 'in'.



Agreed, and that's the correct MF for full MSD's = .00110.
Taxes may or may not be minimal, depending on state of residency, and preference to pay up front or roll it in.

For me, there's no risk to paying them up front, as if something results in a total loss on the car, the net difference should come back to me. Why pay extra interest on the tax, is my take.



There are some differences in options and dash selection to consider also. And, if you're going to get the premium pkg, there's some added features IIRC. It may not make any difference to you, but leather dash and alcantera headliner were more than enough to push me to 2020.



Fully understand that! FWIW, people placing orders in the 7/15-7/25 window, through dealerships with confirmed allocations, are already seeing their cars. A month is about right, and 3 weeks or so is probably the best case scenario.

good luck!

Which dealer did you place your order with?

[RowanBuds]

Originally Posted by nyc328ci

Which dealer did you place your order with?

I actually used a broker on this one for the first time as I just didn't have the fortitude or time to haggle/negotiate to find the deal I could sleep with.

Broker got back to me in under an hour giving me the flat % off on a 2019 order. I was happy and we moved forward. When Leather Dash spec for final week 2019 build wasn't guaranteed as available, instead of sweating it we just decided to spec their first 2020 allocation.

Dealer honored the same % as was offered on the 2019, and I had no concerns from there.

No pen has been put to paper yet on the deal, so I defer on providing a judgment on the experience at this time.

I do know the dealership, as I went there to spec the allocation in person, but I am not comfortable putting that out there as my broker has a very good relationship with this dealership.

I've got no desire to put him in a cut-out situation; I'm hoping that this brokered lease is the beginning of a beautiful friendship between the broker and myself. I tend to have one of my vehicles outbound and being replaced at 18-20 month intervals - If he can save me hours on each one, the service will be even more worthwhile.

Once I've got the deal signed I'd feel comfortable making a broker recommendation, but again, without pen to paper, I don't want to give a recommendation that burns a forum member. I'm the guinea pig here, and totally accept that role.

[Tim2189]

Originally Posted by RowanBuds

I actually used a broker on this one for the first time as I just didn't have the fortitude or time to haggle/negotiate to find the deal I could sleep with.

Broker got back to me in under an hour giving me the flat % off on a 2019 order. I was happy and we moved forward. When Leather Dash spec for final week 2019 build wasn't guaranteed as available, instead of sweating it we just decided to spec their first 2020 allocation.

Dealer honored the same % as was offered on the 2019, and I had no concerns from there.

No pen has been put to paper yet on the deal, so I defer on providing a judgment on the experience at this time.

I do know the dealership, as I went there to spec the allocation in person, but I am not comfortable putting that out there as my broker has a very good relationship with this dealership.

I've got no desire to put him in a cut-out situation; I'm hoping that this brokered lease is the beginning of a beautiful friendship between the broker and myself. I tend to have one of my vehicles outbound and being replaced at 18-20 month intervals - If he can save me hours on each one, the service will be even more worthwhile.

Once I've got the deal signed I'd feel comfortable making a broker recommendation, but again, without pen to paper, I don't want to give a recommendation that burns a forum member. I'm the guinea pig here, and totally accept that role.

Good choice going with broker. Ive been in the broker business (Exotic Motor World in SI) for the past 8 years and just recently moved onto other business ventures.
With brokers, its hassle free, no back and forth games.

[PavelD]

Going through this thread, Im wondering - when people mention some crazy MSRP discounts for X5 2020 model (9%, 10%, 11%) - does it matter if it is part of the lease offer or not?

Im planning to buy with cash and the best deal I've got so far from one of the local dealerships - is 6.5% off MSRP (im in North California).

Should I press for more? Or those juicy deals are exclusive to lease options?

[iDrive_on_wheels]

No they are not exclusive to lease purchases but the dealer would want you to do financing because that gives them more to work with on the performance-based incentives/kick backs they have from BMW. So you have to be prepared to finance but you can payoff the loan in 3 months w/o penalty and put a very high down payment to reduce the interest payments during those 3 months. Discount depends on competition in your area. You need to shop around and get a competition going if possible, all depends on the number of dealerships near you. With competition 10% is hard to get but with enough time and the right approach is doable. 11% is the max I have been able to get and needs more time and effort. This is on a 2020 factory order. I have also seen others here say you can order from a remote dealer and have it trucked to you for an extra fee. So if you can't get your nearby dealers to compete, then try the nearest major metro area.

[TurtleBoy]

Originally Posted by PavelD

Going through this thread, Im wondering - when people mention some crazy MSRP discounts for X5 2020 model (9%, 10%, 11%) - does it matter if it is part of the lease offer or not?

Im planning to buy with cash and the best deal I've got so far from one of the local dealerships - is 6.5% off MSRP (im in North California).

Should I press for more? Or those juicy deals are exclusive to lease options?

As mentioned, whether you are purchasing or financing the selling price should be the same before incentives. It all depends on the dealer and area as to whether you will get the 10%+ discount. I was talking to my CA the other month when I was getting some service done and mentioned the 10%+ discounts people are getting now. He looked shocked and said they still haven't given anything better than a little of 6%. Hopefully they change when I'm ready for another.

[A1723]

Originally Posted by iDrive_on_wheels

No they are not exclusive to lease purchases but the dealer would want you to do financing because that gives them more to work with on the performance-based incentives/kick backs they have from BMW. So you have to be prepared to finance but you can payoff the loan in 3 months w/o penalty and put a very high down payment to reduce the interest payments during those 3 months. Discount depends on competition in your area. You need to shop around and get a competition going if possible, all depends on the number of dealerships near you. With competition 10% is hard to get but with enough time and the right approach is doable. 11% is the max I have been able to get and needs more time and effort. This is on a 2020 factory order. I have also seen others here say you can order from a remote dealer and have it trucked to you for an extra fee. So if you can't get your nearby dealers to compete, then try the nearest major metro area.

From where those 3 months coming from ? What penalty ? I finance from bmwfs to get incentives and payoff or refinance through my bank next day I sign papers. What is the point to pay interest for 3 months in a row ?

[bdb]

My lease on my current X5 ends in December, I'm guessing there is no pull ahead? however BMW Portland have sent me a letter telling me that they can get me into a 2019 X5 with a savings of 6250.. I'm not that naive.. (maybe I am )

End of the day I'm interested in a

Carbon Black ( so M-Sport )
22 inch wheels and
Premium Package
Tow Hitch
Some form of upgraded sound system.

my current is a 2016 ( was a good deal because it sat on the lot for a while ).

Looking for some guidance - I should be better at this, but appreciate any help.

[wtwo3]

Originally Posted by bdb

My lease on my current X5 ends in December, I'm guessing there is no pull ahead? however BMW Portland have sent me a letter telling me that they can get me into a 2019 X5 with a savings of 6250.. I'm not that naive.. (maybe I am )

End of the day I'm interested in a

Carbon Black ( so M-Sport )
22 inch wheels and
Premium Package
Tow Hitch
Some form of upgraded sound system.

my current is a 2016 ( was a good deal because it sat on the lot for a while ).

Looking for some guidance - I should be better at this, but appreciate any help.

What sort of MSRP is on that 2019 with the $6,250 discount?

In another month or two I'd begin expecting a pretty hefty discount on 2019 inventory (like more than 10%)

Depending on where you're located, you could just go for a 2020 build and aim for a 10% off msrp, and as long as you land anywhere between 8-10% I"d say that's a pretty good deal.

[MMakoto]

Originally Posted by nyc328ci

Sending you quotes on few cars I have in stock

does it seem reasonable to ask for a higher discount than 6% off msrp for a 2020 order in the nyc area? i just spoke with a CA in Brooklyn BMW, and i can't remember the exact build amount, $67-$68k, but was quoted $790/mth with 10k lease. somebody i know indirectly had a 2019 x5 with almost $70k msrp got it for $745/mth with 10k lease earlier this year.

[Tim2189]

Originally Posted by MMakoto

does it seem reasonable to ask for a higher discount than 6% off msrp for a 2020 order in the nyc area? i just spoke with a CA in Brooklyn BMW, and i can't remember the exact build amount, $67-$68k, but was quoted $790/mth with 10k lease. somebody i know indirectly had a 2019 x5 with almost $70k msrp got it for $745/mth with 10k lease earlier this year.

Yes, I can get you closer to 9% off with 2020 order

[The_Driver]

Originally Posted by ninajerseygirl

10% off window sticker price plus any bmw "rebates" I qualify for and if i do multiple security deposits i get 35 point off of the money factor (please let me know if this is a good or bad idea as well)
if i take one instock, same deal as order but 11% instead of 10%.

May I please ask which NJ dealership are you dealing with? In the market for a BMW (X5 in all likelihood), would really appreciate if you pointed me in the right direction.

Pretty please? :-)

[The_Driver]

Originally Posted by RowanBuds

No pen has been put to paper yet on the deal, so I defer on providing a judgment on the experience at this time.

Once I've got the deal signed I'd feel comfortable making a broker recommendation, but again, without pen to paper, I don't want to give a recommendation that burns a forum member. I'm the guinea pig here,
and totally accept that role.

I 100% respect your position. Having said that, I would truly appreciate you sharing the broker name. Understand you are not endorsing him, understand he may turn out to be a scumbag of a century, eyes wide open. But at least something for me work with - right now I do not have any brokers or even a starting point.

Accept full responsibility if he does not turn out to be all that great... bout can you at least share his name?....

[RowanBuds]

Originally Posted by The_Driver

I 100% respect your position. Having said that, I would truly appreciate you sharing the broker name. Understand you are not endorsing him, understand he may turn out to be a scumbag of a century, eyes wide open. But at least something for me work with - right now I do not have any brokers or even a starting point.

Accept full responsibility if he does not turn out to be all that great... bout can you at least share his name?....

Understood. Give me 48 hours or so.

[jetblk328i]

Currently considering trading in my G01 X3 due to uncomfortable seats for a 2019 G05 in Central PA...getting quoted 10% pre loyalty and financing rebate. Dealer seems to have stopped there. Should I be pushing for more? They have also increased the value of my trade by $1,500 since the beginning of negotiations, in case that matters. They would argue that some of my potential discount has gone into boosting my trade in value. Not sure I buy that.

[wtwo3]

I think good practice is to not tell them you have a trade in (obviously a moot point now). The goal is to negotiate the price of the car as if you don't have a trade-in or are unsure if you'll be trading in your car or not. Once a price is agreed upon, then you can feel free to try and negotiate the value of the trade-in separately.

Otherwise, the dealership will do exactly what you described, so they're not wrong in what they're saying.

I would suggest looking at other sources such as carmax and carvana to see what they'd be willing to offer for your car, and use that as a benchmark for what your trade in is worth.

As for the 2019 G05, definitely aim for over 10%.

[JoeyO]

Gosh darn it. I don't know how some of you are getting close to 9% off MSRP discount for 2020 models. What's your secret?

My dealer won't budge past 5.3% off MSRP (MSRP = 71,820 which includes dest fee). I offered as low as 7% off MSRP and he would not take that. No mfr incentives. He knows we're ready to put down a deposit for an custom order.

[The_Driver]

Originally Posted by JoeyO

Gosh darn it. I don't know how some of you are getting close to 9% off MSRP discount for 2020 models. What's your secret?

My dealer won't budge past 5.3% off MSRP (MSRP = 71,820 which includes dest fee). I offered as low as 7% off MSRP and he would not take that. No mfr incentives. He knows we're ready to put down a deposit for an custom order.

Where are you located? I just found a dealer in NJ who is willing to do 10% off MSRP on custom build 2020 X5.

[JoeyO]

Originally Posted by The_Driver

Where are you located? I just found a dealer in NJ who is willing to do 10% off MSRP on custom build 2020 X5.

Michigan.

[wtwo3]

Originally Posted by JoeyO

Gosh darn it. I don't know how some of you are getting close to 9% off MSRP discount for 2020 models. What's your secret?

My dealer won't budge past 5.3% off MSRP (MSRP = 71,820 which includes dest fee). I offered as low as 7% off MSRP and he would not take that. No mfr incentives. He knows we're ready to put down a deposit for an custom order.

Seems like local market plays a big role in how much you can get off.
But regardless, once you get multiple dealerships bidding for your business, you should inherently see larger discounts than if you simply go to one or two dealers. Take one quote to a different dealer, ask them if they can beat it, if they can, then take that to another dealer, rinse and repeat. I also advise on reaching out by email and asking for a quote on a specific build rather than physically going in to the dealership. Only go in to the dealership once you've settled on a price and are ready to put the deposit down.

Maybe check with 4-5 dealers near the Detroit area to see if you get a better deal there?

[Ashes1984]

Originally Posted by wtwo3

Thanks. Yeah at that point I just ran out of steam, it was getting late and I just wanted to get it done with.

Agreed August incentives were terrible/non-existent for the 2020, which is to be expected I guess. Hopefully they release something next month as 2019 inventory starts to diminish.

Would it be possible to know which dealership this is? Or is it against the rules? The reason I am asking is that folks in the Pacific Northwest Area are refusing to budge more then 5% off MSRP on the 2019 outgoing model, saying that they cannot sell the cars on their lots at even invoice since they have to profit.

I am thinking of doing a custom 2020 and might go through the process of ordering it from another out of state dealer .

EDIT: NVM it is against the rules. I will just use the area as reference. Thanks

[Wxnatscaps]

Going back to the first page of this thread, it looks like the financing credit for MY2019 started in October. Hard to predict when any type of incentives will start for MY2020 but maybe this fall. I was actually surprised to see they were offering incentives last fall on a new refresh.