[BlkGS]

Originally Posted by eelnoraa

That was the case for 2022. 45e with compatible option as 40i is $250 more before the $7500 fed incentive. Yet only 17% of x5 is 45e. Starting 2023, I would think the income limit and msrp limit actually bar a lot of potential buyer from fed incentive.

MSRP limit, sure. $80k comes pretty quickly, especially on the 50e vs the 45e... Income limit, I doubt it. $300k income families aren't gonna buy dissuaded by the small price premium for the PHEV, and frankly would likely be V8 buyers anyways at that income level, if not looking above a BMW.

[E91toG05]

Originally Posted by BlkGS

MSRP limit, sure. $80k comes pretty quickly, especially on the 50e vs the 45e... Income limit, I doubt it. $300k income families aren't gonna buy dissuaded by the small price premium for the PHEV, and frankly would likely be V8 buyers anyways at that income level, if not looking above a BMW.

Guessing you don’t live in NY or LA.

[eelnoraa]

Originally Posted by E91toG05

Guessing you don’t live in NY or LA.

Add SF Bay/San Jose/Silicon valley.

[BlkGS]

Originally Posted by E91toG05

Guessing you don’t live in NY or LA.

Nope. I make better choices than that, lol.

[eelnoraa]

Not sure if TurtleBoy or someone else posted, if not, Lexus RX number

2022: 96,041
2023: 114,033

+18.7%

[TurtleBoy]

Originally Posted by eelnoraa

Not sure if TurtleBoy or someone else posted, if not, Lexus RX number

2022: 96,041
2023: 114,033

+18.7%

Yes, they reported prior to BMW so it was the first one I posted.

[eelnoraa]

Originally Posted by TurtleBoy

Yes, they reported prior to BMW so it was the first one I posted.

Oh I reread this thread and found you post. LOL! cannot beat you. I am sure you have this, but let me share a big table I found

[TurtleBoy]

Originally Posted by eelnoraa

Oh I reread this thread and found you post. LOL! cannot beat you. I am sure you have this, but let me share a big table I found

You surely can and do at times. Not in this case though, that is the table I used.

[johnonroad]

BMW North America announced 1st quarter sales of X5 for Q1 2024 was 14,923 (down 13.8% from 1st quarter 2023).

This follows full year sales of X5 for 2023 at 72,573 sold (down 12% from 2022).

X5 sales have come down from its peak in 2022. Still No 1 vehicle sold for BMW.

X6 sales have also slid from 2022.

Wonder if BMW Corporate is wondering why sales have declined.

[MADBMWX5MC]

^Would love to read the market analysis for the down trend...

[TurtleBoy]

Originally Posted by MADBMWX5MC

^Would love to read the market analysis for the down trend...

Probably pretty much what they were expecting given the very limited production of the 50e and the V8 models for the US market.

[swainbmw]

Originally Posted by cobramite

There are literally millions of people in this country whose salaries have not come anywhere near keeping up with the 20 some percent inflation we have indured over the past 3 years.
A $100,000 X5/X6 purchase can be eliminated allowing funds for basic necessities to be in the family budget. Maybe some of these people opted for a less expensive X3 or stuck with their current vehicle and did not buy anything new.
I look at the prices of food, stuff at the mall, electronics, etc., and it really gets your attention. Ya gotta wonder where all this is going or if America will ever be affordable again for many people.

Absolutely inflation has slowed people down on these type of purchases and the fact they went up 15 plus percent and features are not available and new features are less desirable makes you keep what your driving Plus, their trade-ins value are ridiculous.

[aaaaaaaaaz]

Originally Posted by BlkGS

MSRP limit, sure. $80k comes pretty quickly, especially on the 50e vs the 45e... Income limit, I doubt it. $300k income families aren't gonna buy dissuaded by the small price premium for the PHEV, and frankly would likely be V8 buyers anyways at that income level, if not looking above a BMW.

I'd guess $300k family probably would be able to comfortably afford a PHEV, V8 buyer probably $600k+?