Best price you received on your new X5

[taxjoc]

The MSRP on my 2016 50i is $96,945. After reducing by $1,500 for BMW's "Option Credit" incentive gets the balance to $95,445. My dealer then discounted the price by 7% to $88,763.85. Adding the dealer fee of $689.50 gets the price to $89,453.35. I then have to add sales tax at 6% for my county in Florida. Since I am making a down payment of $27,693.75, I have to finance $67,600 of the purchase price (at 1.89% APR which is not bad and made it just before the Fed raises interest rates). Thus, there are documentary stamp taxes of $236.60 (35 cents for every $100 of loan). Not including the title fee and tag transfer fee (which will be about $77), my out the door price is $95,057.15. An awful lot of money for something that will quickly lose value. But, you only live once and it is just money (that is my rationalization anyway).

[denniss]

Originally Posted by taxjoc

The MSRP on my 2016 50i is $96,945. After reducing by $1,500 for BMW's "Option Credit" incentive gets the balance to $95,445. My dealer then discounted the price by 7% to $88,763.85. Adding the dealer fee of $689.50 gets the price to $89,453.35. I then have to add sales tax at 6% for my county in Florida. Since I am making a down payment of $27,693.75, I have to finance $67,600 of the purchase price (at 1.89% APR which is not bad and made it just before the Fed raises interest rates). Thus, there are documentary stamp taxes of $236.60 (35 cents for every $100 of loan). Not including the title fee and tag transfer fee (which will be about $77), my out the door price is $95,057.15. An awful lot of money for something that will quickly lose value. But, you only live once and it is just money (that is my rationalization anyway).

Sadly I am not sure if that is a good deal. I got mine "35i" discounted by 11%. Not sure if that works with 50i as well.

[freezey]

Originally Posted by taxjoc

The MSRP on my 2016 50i is $96,945. After reducing by $1,500 for BMW's "Option Credit" incentive gets the balance to $95,445. My dealer then discounted the price by 7% to $88,763.85. Adding the dealer fee of $689.50 gets the price to $89,453.35. I then have to add sales tax at 6% for my county in Florida. Since I am making a down payment of $27,693.75, I have to finance $67,600 of the purchase price (at 1.89% APR which is not bad and made it just before the Fed raises interest rates). Thus, there are documentary stamp taxes of $236.60 (35 cents for every $100 of loan). Not including the title fee and tag transfer fee (which will be about $77), my out the door price is $95,057.15. An awful lot of money for something that will quickly lose value. But, you only live once and it is just money (that is my rationalization anyway).

So not that good of a deal. Also if you are going that high on the car why not get the X5M?

[taxjoc]

Originally Posted by freezey

So not that good of a deal. Also if you are going that high on the car why not get the X5M?

That is a good question. I absolutely love the X5M but that kind of power and look is for a younger man (I am 52 years old), it is not available with adaptive cruise control (or at least I don't think it is), and my wife would kill me if I paid more than $100,000 for a car/truck (and I would if I ordered the options I ordered on my 50i).

By the way, I really did not think my deal was so bad. Most comments about price hovered around a 7% discount off of MSRP which is what I got. Maybe I am just blissfully naïve but I am happy with my deal.

[freezey]

Originally Posted by taxjoc

That is a good question. I absolutely love the X5M but that kind of power and look is for a younger man (I am 52 years old), it is not available with adaptive cruise control (or at least I don't think it is), and my wife would kill me if I paid more than $100,000 for a car/truck (and I would if I ordered the options I ordered on my 50i).

By the way, I really did not think my deal was so bad. Most comments about price hovered around a 7% discount off of MSRP which is what I got. Maybe I am just blissfully naïve but I am happy with my deal.

hahaha cars have no age. The faster the better and that works for anyone. You likely could have got it below 100,000 no problem. The price difference from 95 - 105 is imo negligible. Either way enjoy your purchase!

[denniss]

Originally Posted by freezey

hahaha cars have no age. The faster the better and that works for anyone. You likely could have got it below 100,000 no problem. The price difference from 95 - 105 is imo negligible. Either way enjoy your purchase!

+1

[lilthrift]

Bought my X5 50i late August. Invoice was;

Base $70,700
Cold Weather $550
Drivers Assist $1,700
Exec Package $3,200
Lighting $1,900
M Sport $3,900
20" M Wheels $950
Front Air Seats $500
Dest Charge $995

Total $84,395
Paid $79,000

This vehicle had just arrived to the dealership so I did not have to wait for the 2016 model. Traded in a truck that they gave me exactly what I wanted for it for $27,000. Used the 1.79% to finance the rest. I was happy plus the dealership buys all its gas from my c-store so win win for both!

BTW...what great option(s) did I forget to get?

[btou123]

my friend has a leasing company, and i believe that he always give me best deal. i got my m4 from him, it was msrp 71375 and sell was 65500. 1.9% bmwfs.


i just ordered my x5 ,msrp 66,670 sell price 59,603. 1500 option credit, 1500 royal credit,. 36months lease, 694.76 a month, drive off 4393.90. money factor .00150 (since i have too much debt lol), i will sign drive event on nov 14, then i can get another 1000 credit.

[Luxuryhospitality]

Is there a current drive event?

[freezey]

Yes there is s current drive event. I picked my X5 up today and I had a build of around 64500 I put down 4000 out the door to cover taxes and fees and my lease is 665/mo and it would have been 630/mo if i went to the driving event on Saturday but I decided to skip.


Also denniss I saw your car

[Don Juan]

Hi guys,

Soon to be part of the F15 family car will be ready on 11/15 and hoping for it to be here by that week

Initially my SA gave me this numbers and told me that things could change. What do you think
2016 Sdrive 3.5i
mineral white
Premium package
m sport package
20"wheels
ceramic controls
rear view camera
3rd row seating
rear manual shades
multi contour seats
Terracota leather
Harman Kardon System
MSRP : 68,220
Selling price : $60,900
It includes a $1000 driving event certificate and the loyalty program $1500
36mo/10k
$753+tax
just first month and tag @1,100

Is this a good deal if I can get it ? also I heard that on top of the $1500 loyalty program there is BMW rebate for $1500. can anyone confirm ?

Thanks

[freezey]

Originally Posted by Don Juan

Hi guys,

Soon to be part of the F15 family car will be ready on 11/15 and hoping for it to be here by that week

Initially my SA gave me this numbers and told me that things could change. What do you think
2016 Sdrive 3.5i
mineral white
Premium package
m sport package
20"wheels
ceramic controls
rear view camera
3rd row seating
rear manual shades
multi contour seats
Terracota leather
Harman Kardon System
MSRP : 68,220
Selling price : $60,900
It includes a $1000 driving event certificate and the loyalty program $1500
36mo/10k
$753+tax
just first month and tag @1,100

Is this a good deal if I can get it ? also I heard that on top of the $1500 loyalty program there is BMW rebate for $1500. can anyone confirm ?

Thanks

This is accurate both of the programs for 1500 are happening now.

[taxjoc]

Originally Posted by lilthrift

Bought my X5 50i late August. Invoice was;

Base $70,700
Cold Weather $550
Drivers Assist $1,700
Exec Package $3,200
Lighting $1,900
M Sport $3,900
20" M Wheels $950
Front Air Seats $500
Dest Charge $995

Total $84,395
Paid $79,000

This vehicle had just arrived to the dealership so I did not have to wait for the 2016 model. Traded in a truck that they gave me exactly what I wanted for it for $27,000. Used the 1.79% to finance the rest. I was happy plus the dealership buys all its gas from my c-store so win win for both!

BTW...what great option(s) did I forget to get?

That is a great build and congratulations on your new X5 (I wish mine would hurry up and get here). Assuming the $79,000 you paid did not include sales tax, title and tag fees, you received about a 6.4% discount off MSRP which I think is good. If you look at other posts on this thread, I think you will see that most people receive a discount off of MSRP that hovers around 7% (I bought my wife a Z4 earlier this year and the same dealer would only give me a 6.06% discount off of MSRP). To me, when calculating the discount off of MSRP, sales tax, tag and title fees, and any documentary stamp taxes on any loan to finance the purchase should not be included since those items are fixed based on your residence. I also add the dealer fee to the MSRP and I do not include any incentives just so I can compare apples to apples. Any BMW incentive received is just gravy.

So, what options did you forget to get? I think you have a great build just like it is. For me, absolute must have options would also have included the Adaptive M Suspension (2VF), Active Cruise Control (5AT), and the space saver spare (300). If your budget could stand it, I would also order the Dynamic Handling Package (ZDH) which, of course, requires the order of Adaptive M Suspension (2VF) as well. I included several other options on my build but those additional ones were not "must have" but rather "you only live once and it is just money" reasons for ordering them.

[lilthrift]

Originally Posted by taxjoc

That is a great build and congratulations on your new X5 (I wish mine would hurry up and get here). Assuming the $79,000 you paid did not include sales tax, title and tag fees, you received about a 6.4% discount off MSRP which I think is good. If you look at other posts on this thread, I think you will see that most people receive a discount off of MSRP that hovers around 7% (I bought my wife a Z4 earlier this year and the same dealer would only give me a 6.06% discount off of MSRP). To me, when calculating the discount off of MSRP, sales tax, tag and title fees, and any documentary stamp taxes on any loan to finance the purchase should not be included since those items are fixed based on your residence. I also add the dealer fee to the MSRP and I do not include any incentives just so I can compare apples to apples. Any BMW incentive received is just gravy.

So, what options did you forget to get? I think you have a great build just like it is. For me, absolute must have options would also have included the Adaptive M Suspension (2VF), Active Cruise Control (5AT), and the space saver spare (300). If your budget could stand it, I would also order the Dynamic Handling Package (ZDH) which, of course, requires the order of Adaptive M Suspension (2VF) as well. I included several other options on my build but those additional ones were not "must have" but rather "you only live once and it is just money" reasons for ordering them.

Thanks taxjoc. I probably should have added the M suspension. I thought it was included in the M Sport package that came with car but when I looked on the invoice it was not. How much is the option?

[Don Juan]

Originally Posted by Don Juan

Hi guys,

Soon to be part of the F15 family car will be ready on 11/15 and hoping for it to be here by that week

Initially my SA gave me this numbers and told me that things could change. What do you think
2016 Sdrive 3.5i
mineral white
Premium package
m sport package
20"wheels
ceramic controls
rear view camera
3rd row seating
rear manual shades
multi contour seats
Terracota leather
Harman Kardon System
MSRP : 68,220
Selling price : $60,900
It includes a $1000 driving event certificate and the loyalty program $1500
36mo/10k
$753+tax
just first month and tag @1,100

Is this a good deal if I can get it ? also I heard that on top of the $1500 loyalty program there is BMW rebate for $1500. can anyone confirm ?

Thanks

how about my deal, is it reasonable?

[scottjays]

I need dealer to speak with that can do a 7-8% off MSRP and combine both of the BMWUSA offers. My local dealers are not budging...one will do the 8% but no other incentives, the other will do both incentives but only 4.5% off MSRP. Anyone have a good dealer. I am in South Florida.

[btou123]

Originally Posted by scottjays

I need dealer to speak with that can do a 7-8% off MSRP and combine both of the BMWUSA offers. My local dealers are not budging...one will do the 8% but no other incentives, the other will do both incentives but only 4.5% off MSRP. Anyone have a good dealer. I am in South Florida.

if you are in new york, i can help you to get invoice and incentive

[scottjays]

Originally Posted by btou123

if you are in new york, i can help you to get invoice and incentive

South Florida

[alphaod]

Dealer stock 2015 X5 50i with Luxury w/ 20" wheels, Executive, DA, Lightning, Third Row. Priced at $84k.

Had a couple shops with same configuration was able to get down to $75k range.

Picked the dealer based on location and ultimately how nice they were.

[alpha_seek]

Base - $56,200
XLine - $2000
Black Sapphire Metallic - $550
20" Wheels (451) - $950
3rd Row - $1700
Premium Package - $2550
Driver Assistance - $1400
Driver Assistance Plus - $1900
Destination Fee - $995
Total MSRP = $68,045

Negotiated to $60,750 less $1500 Loyalty Credit = $59,250 (approx 13% off MSRP). What do you guys think?

[denniss]

Originally Posted by freezey

Yes there is s current drive event. I picked my X5 up today and I had a build of around 64500 I put down 4000 out the door to cover taxes and fees and my lease is 665/mo and it would have been 630/mo if i went to the driving event on Saturday but I decided to skip.


Also denniss I saw your car

Lol. How is it ? Any pics ?

[Danman5666]

Originally Posted by alpha_seek

Base - $56,200
XLine - $2000
Black Sapphire Metallic - $550
20" Wheels (451) - $950
3rd Row - $1700
Premium Package - $2550
Driver Assistance - $1400
Driver Assistance Plus - $1900
Destination Fee - $995
Total MSRP = $68,045

Negotiated to $60,750 less $1500 Loyalty Credit = $59,250 (approx 13% off MSRP). What do you guys think?

What about the option credit too? That's another $1500 dollars off.