Forum for the entire range of BMW electric vehicles
BMW Garage BMW Meets Register Today's Posts
BMW iX Forums BMW iX Discussions

Post Reply
 
Thread Tools Search this Thread
      04-12-2024, 03:14 AM   #1
wesleyan92
Captain
wesleyan92's Avatar
1417
Rep
869
Posts

Drives: M8 GC || M5 Comp || X7 40i
Join Date: Jul 2016
Location: USA

iTrader: (0)

Garage List
2021 BMW X740i  [0.00]
2021 BMW M5  [0.00]
She is a peasant only because of the way she feels about cars.

My wife, driver of a 2021 X7, is a point A to B person. She was at our dealer picking up her car from service this week and randomly texts me that she really likes the iX, and would like to start looking at it as her next car.

Next text is her perfect iX build off the BMW site. Please note that this is a woman who has probably never surfed an automobile website, let alone do online bids.

Never to shy away from the thrill of a hunt, I found her perfect build at a dealer and offered the following (copy and paste from my email to the SA)

2024 iX50
MSRP: $103K
Lease credit: $9,900
Additional discount: $9,000 - I am proposing but feel free to counter
Residual: 54% (36/7.5)
Money factor: .00075 (up from BMW April rate of .00069)
We own the x7 and holding on to it

I will pay all taxes and fees upfront.

Monthly payment: $893.

This is the counter offer I got back. It is a fair response but we are off around $3K. I’ll try to squeeze another $1K out but I maybe signing up for a car that I find absolutely hideous to look at 😂
Attached Images
 
__________________
2024 M8 GC Black/Black || 2021 M5 Carbon Black/Midrand beige || 2021 X7 40i Amertin metallic with Ivory white merino
2019 M5 F90 || 2018 X5 s35i || 2017 M5 F10 with Arkapovic Exhaust || 2016 535 || 2012 535 hated it after the E60 || 2010 535 E60 - my fav || 2008 528 E60 my first
Appreciate 2
      04-12-2024, 03:49 AM   #2
jono987654321
Private First Class
jono987654321's Avatar
United Kingdom
85
Rep
101
Posts

Drives: BMW iX40 (Late 2022)
Join Date: Oct 2023
Location: UK

iTrader: (0)

You don’t say which model iX…unless I’m missing it.
Appreciate 0
      04-12-2024, 05:52 AM   #3
Kennethjk
Second Lieutenant
162
Rep
271
Posts

Drives: IX 50, Mustang Mach E, BMWX3
Join Date: Oct 2021
Location: NY

iTrader: (0)

If she is a peasant in the way she feels about cars, how is she driving an X7? If my wife felt that way, which she doesn’t, BMWs only, I would have gotten her a Chevy!
Appreciate 2
LVBMW1501.00
      04-12-2024, 06:11 AM   #4
JSTARR
Private First Class
JSTARR's Avatar
United_States
162
Rep
189
Posts

Drives: BMW IX, BMW X3, Toyota Tacoma
Join Date: Oct 2022
Location: Woodstock, N.Y.

iTrader: (0)

Sounds to me like a clear case of great taste!
iXs Rock!
Appreciate 4
deutsch1004030.00
LVBMW1501.00
      04-12-2024, 06:53 AM   #5
m3_08
Lieutenant
609
Rep
535
Posts

Drives: 2023 M8 conv, IX M60, model Y
Join Date: May 2015
Location: ATL

iTrader: (0)

dont let her talk to my wife. Same situation several month ago and now we have IX M60. Wife loves it after X5 45e.
Regarding your lease (I assumed it is IX 50) I think it should be under 900/m
Appreciate 0
      04-12-2024, 07:43 AM   #6
wesleyan92
Captain
wesleyan92's Avatar
1417
Rep
869
Posts

Drives: M8 GC || M5 Comp || X7 40i
Join Date: Jul 2016
Location: USA

iTrader: (0)

Garage List
2021 BMW X740i  [0.00]
2021 BMW M5  [0.00]
Quote:
Originally Posted by Kennethjk View Post
If she is a peasant in the way she feels about cars, how is she driving an X7? If my wife felt that way, which she doesn’t, BMWs only, I would have gotten her a Chevy!
I agree - needs to be sub 900. It is a iX50
__________________
2024 M8 GC Black/Black || 2021 M5 Carbon Black/Midrand beige || 2021 X7 40i Amertin metallic with Ivory white merino
2019 M5 F90 || 2018 X5 s35i || 2017 M5 F10 with Arkapovic Exhaust || 2016 535 || 2012 535 hated it after the E60 || 2010 535 E60 - my fav || 2008 528 E60 my first
Appreciate 0
      04-12-2024, 02:43 PM   #7
javapro
Generalissimo
javapro's Avatar
United_States
661
Rep
1,419
Posts

Drives: 2024 iX xDrive50 Sport
Join Date: Aug 2020
Location: NJ

iTrader: (0)

Quote:
Originally Posted by wesleyan92 View Post
She is a peasant only because of the way she feels about cars.

My wife, driver of a 2021 X7, is a point A to B person. She was at our dealer picking up her car from service this week and randomly texts me that she really likes the iX, and would like to start looking at it as her next car.

Next text is her perfect iX build off the BMW site. Please note that this is a woman who has probably never surfed an automobile website, let alone do online bids.

Never to shy away from the thrill of a hunt, I found her perfect build at a dealer and offered the following (copy and paste from my email to the SA)

2024 iX50
MSRP: $103K
Lease credit: $9,900
Additional discount: $9,000 - I am proposing but feel free to counter
Residual: 54% (36/7.5)
Money factor: .00075 (up from BMW April rate of .00069)
We own the x7 and holding on to it

I will pay all taxes and fees upfront.

Monthly payment: $893.

This is the counter offer I got back. It is a fair response but we are off around $3K. I’ll try to squeeze another $1K out but I maybe signing up for a car that I find absolutely hideous to look at 😂
Considering that MY25 is already out, you should try to get at least 10% off MSRP with a non-marked up money factor.
Appreciate 1
LVBMW1501.00
      04-12-2024, 03:00 PM   #8
LVBMW
Captain
LVBMW's Avatar
1501
Rep
752
Posts

Drives: '24 iX M60 '23 Tesla Model Y-P
Join Date: Jun 2023
Location: Las Vegas

iTrader: (0)

Garage List
Quote:
Originally Posted by javapro View Post
Considering that MY25 is already out, you should try to get at least 10% off MSRP with a non-marked up money factor.
I agree. You should be able to do better on a 2024. Or consider working with a broker who is likely to get you an ever better deal on a 2025.
Appreciate 0
      04-12-2024, 05:29 PM   #9
Bmwno6
Second Lieutenant
298
Rep
232
Posts

Drives: 2024 BMW iX50, 2024 BMW X5
Join Date: Oct 2022
Location: Colorado

iTrader: (0)

My wife is a BMW X5 person. Just got her the 3rd one in a row, a 2024 X5 40 sport. She did not even want to get a new color for the 2024 and got white again. I am ‘stuck” with the 2024 iX !!!
Appreciate 1
LVBMW1501.00
      04-12-2024, 05:36 PM   #10
WestCoastYokel
Registered
2
Rep
2
Posts

Drives: 24 iX M60
Join Date: Apr 2024
Location: CA

iTrader: (0)

I agree you should be able to do better. $9k off sounds like a lot in absolute terms, but its actually "only" 8.7% of MSRP. You should be able to get 10% off MSRP for any iX, and my guess is as dealers get even more interested in moving 2024 xDrive50s that could go into the 11-12% off range.

Also, I did a QnD plug of your numbers into LeaseHacker Calculator to try and back into the numbers they quoted you and my guess is they're giving you too high of a MF. I'm always suspicious when it's not included in the quote - you should ask for it.
Appreciate 1
LVBMW1501.00
      04-12-2024, 07:14 PM   #11
LVBMW
Captain
LVBMW's Avatar
1501
Rep
752
Posts

Drives: '24 iX M60 '23 Tesla Model Y-P
Join Date: Jun 2023
Location: Las Vegas

iTrader: (0)

Garage List
Quote:
Originally Posted by WestCoastYokel View Post
I agree you should be able to do better. $9k off sounds like a lot in absolute terms, but its actually "only" 8.7% of MSRP. You should be able to get 10% off MSRP for any iX, and my guess is as dealers get even more interested in moving 2024 xDrive50s that could go into the 11-12% off range.

Also, I did a QnD plug of your numbers into LeaseHacker Calculator to try and back into the numbers they quoted you and my guess is they're giving you too high of a MF. I'm always suspicious when it's not included in the quote - you should ask for it.
All very true points. I got 9% off a custom order for an M60 which is rarer than the base iX, and I got that before the 2025s were even available. You should be able to get a better deal on a 2024 or try for a 2025.
Appreciate 0
      04-17-2024, 05:07 PM   #12
wesleyan92
Captain
wesleyan92's Avatar
1417
Rep
869
Posts

Drives: M8 GC || M5 Comp || X7 40i
Join Date: Jul 2016
Location: USA

iTrader: (0)

Garage List
2021 BMW X740i  [0.00]
2021 BMW M5  [0.00]
Deal done; dealer is tinting and PPFing before putting the car in an enclosed carrier.

I have a $48K offer from Carvana on my wife’s current X7 (2021 with 48K miles) which I will likely take.
Attached Images
    
__________________
2024 M8 GC Black/Black || 2021 M5 Carbon Black/Midrand beige || 2021 X7 40i Amertin metallic with Ivory white merino
2019 M5 F90 || 2018 X5 s35i || 2017 M5 F10 with Arkapovic Exhaust || 2016 535 || 2012 535 hated it after the E60 || 2010 535 E60 - my fav || 2008 528 E60 my first
Appreciate 9
m3_08609.00
LVBMW1501.00
exxxviii1362.00
deutsch1004030.00
KRS_SN13689.50
      04-17-2024, 05:28 PM   #13
redhot47fla
Lieutenant
769
Rep
554
Posts

Drives: '24 iX M60, '24 X6 40i ordered
Join Date: Dec 2018
Location: North Florida

iTrader: (0)

That’s a beaut! Congrats!
__________________
- 2024 X6 40i, Carbon Black/Silverstone, M-Sport, Executive, DAPP, Climate, Air Suspension, etc. PCD.
- 2024 iX M60, Blue Ridge Mountain/Oyster, DAPP, Luxury Package.
- Retired: Six previous BMWs.
- Retired: Three Lexuses.
Appreciate 1
wesleyan921417.00
      04-17-2024, 06:02 PM   #14
exxxviii
Captain
exxxviii's Avatar
1362
Rep
934
Posts

Drives: ix xDrive50
Join Date: Jul 2023
Location: Georgia

iTrader: (0)

Garage List
Nice. I do like the red.
Appreciate 1
wesleyan921417.00
      04-17-2024, 06:04 PM   #15
Kennethjk
Second Lieutenant
162
Rep
271
Posts

Drives: IX 50, Mustang Mach E, BMWX3
Join Date: Oct 2021
Location: NY

iTrader: (0)

Same here, nice color, my choice but unfortunately not my wife’s
Appreciate 1
wesleyan921417.00
      04-17-2024, 08:26 PM   #16
wesleyan92
Captain
wesleyan92's Avatar
1417
Rep
869
Posts

Drives: M8 GC || M5 Comp || X7 40i
Join Date: Jul 2016
Location: USA

iTrader: (0)

Garage List
2021 BMW X740i  [0.00]
2021 BMW M5  [0.00]
My one minor remorse is about the wheels. First choice would have been the Aero 22 Style 1021 - see picture below.

Any recommendation on the best way to source these? Searching the web, my option seems to be eBay.
Attached Images
 
__________________
2024 M8 GC Black/Black || 2021 M5 Carbon Black/Midrand beige || 2021 X7 40i Amertin metallic with Ivory white merino
2019 M5 F90 || 2018 X5 s35i || 2017 M5 F10 with Arkapovic Exhaust || 2016 535 || 2012 535 hated it after the E60 || 2010 535 E60 - my fav || 2008 528 E60 my first

Last edited by wesleyan92; 04-17-2024 at 08:41 PM..
Appreciate 0
      04-17-2024, 08:30 PM   #17
Kennethjk
Second Lieutenant
162
Rep
271
Posts

Drives: IX 50, Mustang Mach E, BMWX3
Join Date: Oct 2021
Location: NY

iTrader: (0)

Quote:
Originally Posted by wesleyan92 View Post
My one minor remorse is about the wheels. First choice would have been the Aero 22 Style 1021.

Any recommendation on the best way to source these? Searching the web, my option seems to be eBay.
Better than my wheels, I went with the 20 inch for range,
Appreciate 0
      04-17-2024, 08:53 PM   #18
Windshieldfarmer
Lieutenant
633
Rep
413
Posts

Drives: BMW IX50
Join Date: Nov 2023
Location: Wichita, KS

iTrader: (0)

Quote:
Originally Posted by wesleyan92 View Post
My one minor remorse is about the wheels. First choice would have been the Aero 22 Style 1021 - see picture below.

Any recommendation on the best way to source these? Searching the web, my option seems to be eBay.
Love the color combo of the car you just leased…like belly buttons, everyone has an opinion; I like the 21s better than 22s…😊😊 and wouldn’t spend money for the 22s. But the that’s not your question…eBay is your best bet unless you want to pay retail, which I’m sure is quite high.
Appreciate 0
      04-17-2024, 09:20 PM   #19
wesleyan92
Captain
wesleyan92's Avatar
1417
Rep
869
Posts

Drives: M8 GC || M5 Comp || X7 40i
Join Date: Jul 2016
Location: USA

iTrader: (0)

Garage List
2021 BMW X740i  [0.00]
2021 BMW M5  [0.00]
Quote:
Originally Posted by Windshieldfarmer View Post
Love the color combo of the car you just leased…like belly buttons, everyone has an opinion; I like the 21s better than 22s…😊😊 and wouldn’t spend money for the 22s. But the that’s not your question…eBay is your best bet unless you want to pay retail, which I’m sure is quite high.
Thank you, for the kind words. I'll wait to see the car in person before fully getting on the 22 bandwagon.
__________________
2024 M8 GC Black/Black || 2021 M5 Carbon Black/Midrand beige || 2021 X7 40i Amertin metallic with Ivory white merino
2019 M5 F90 || 2018 X5 s35i || 2017 M5 F10 with Arkapovic Exhaust || 2016 535 || 2012 535 hated it after the E60 || 2010 535 E60 - my fav || 2008 528 E60 my first
Appreciate 0
      04-17-2024, 09:36 PM   #20
javapro
Generalissimo
javapro's Avatar
United_States
661
Rep
1,419
Posts

Drives: 2024 iX xDrive50 Sport
Join Date: Aug 2020
Location: NJ

iTrader: (0)

Quote:
Originally Posted by wesleyan92 View Post
Thank you, for the kind words. I'll wait to see the car in person before fully getting on the 22 bandwagon.
Keep in mind that BMW offers only performance (i. e. summer) tires with 22" wheels from the factory. So, you would've had to swap out the tires for all season ones anyway if your car had 22" wheels from factory and the temperatures in your region fall below 50F.
Appreciate 0
      04-17-2024, 09:40 PM   #21
TXiX24
New Member
14
Rep
23
Posts

Drives: BMW iX
Join Date: Feb 2024
Location: Texas

iTrader: (0)

You did better than me on price and I worked with a lease broker on my 2024 in January, so nice work. Mine’s $103.5k MSRP, but I don’t have loyalty, and I think the money factor is better now.
Appreciate 0
      04-17-2024, 09:41 PM   #22
TXiX24
New Member
14
Rep
23
Posts

Drives: BMW iX
Join Date: Feb 2024
Location: Texas

iTrader: (0)

I also have those same wheels and regret them! Otherwise I love the car!
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 11:08 PM.




bmw
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST