[mimranbeig]

Anyone in the market buying a new 2024 or 2025, how much below MSRP are you getting. I am in Chicagoland and the dealers are telling me 4% below over the MSRP over the phone, but they want me to come in person to get a better deal. Before i visit the actual dealership i wanted to go with some reasonable counter offer what other are paying.
We have over over 100 new X7 within 50 miles of Chicago sitting at the dealer lot. This dealer has 34 new -
https://www.billjacobsbmw.com/new-vehicles/x7/

I am wondering if there is a huge difference in price between and 2024 or 2025.

Thanks

[mattsrs]

Originally Posted by mimranbeig

Anyone in the market buying a new 2024 or 2025, how much below MSRP are you getting. I am in Chicagoland and the dealers are telling me 4% below over the MSRP over the phone, but they want me to come in person to get a better deal. Before i visit the actual dealership i wanted to go with some reasonable counter offer what other are paying.
We have over over 100 new X7 within 50 miles of Chicago sitting at the dealer lot. This dealer has 34 new -
https://www.billjacobsbmw.com/new-vehicles/x7/

I am wondering if there is a huge difference in price between and 2024 or 2025.

Thanks

IMO don't waste your time going into the dealership to negotiate. I dont know about Chicago area but on the northeast, 8% is possible on 25 orders. Anything in stock, can probably negotiated at higher discount

[Sat Pat]

Originally Posted by mimranbeig

Anyone in the market buying a new 2024 or 2025, how much below MSRP are you getting. I am in Chicagoland and the dealers are telling me 4% below over the MSRP over the phone, but they want me to come in person to get a better deal. Before i visit the actual dealership i wanted to go with some reasonable counter offer what other are paying.
We have over over 100 new X7 within 50 miles of Chicago sitting at the dealer lot. This dealer has 34 new -
https://www.billjacobsbmw.com/new-vehicles/x7/

I am wondering if there is a huge difference in price between and 2024 or 2025.

Thanks

For a 2024 on the lot, I would consider 10% off MSRP before incentives as the bare minimum, especially if the dealer has 34 of them to move. A dealer on the East Coast offered 11% for a 2024 in production. He flat out refused to take my custom order because he already had more than 25 on the lot, and seemed desperate. I feel like he would have agreed to 12% had I been serious about buying that day.

If you want to custom order a 2025, I would suggest starting with broker pricing as the baseline for negotiation with the dealer. Pricing spreadsheets from multiple brokers are available here, which you can find with a quick search. All are in the range of 8-9%. Email the dealer and offer them that yoy have a configuration ready and that if they can match or exceed broker discounts, you will order through them today. That’s what I did.

Edited to add: Don’t reward dealers who play games. I walked out of a dealer on principle when he refused to take off a $600 dummy fee. Imagine losing a $100k+ sale over $600.

[chutak]

Originally Posted by mimranbeig

I am wondering if there is a huge difference in price between and 2024 or 2025.

$1600 base price increase with essentially zero changes. Driving assist pkg cost $400 more as well.

[EWL5]

Originally Posted by chutak

$1600 base price increase with essentially zero changes. Driving assist pkg cost $400 more as well.

Crazy how they're still "adjusting for inflation" when rates have largely stabilized.

DAP being $400 more means newer customers are helping pay for the earlier brake booster mishap. What a way to lose a customer base!

[chutak]

Originally Posted by EWL5

DAP being $400 more means newer customers are helping pay for the earlier brake booster mishap. What a way to lose a customer base!

DAP actually added a newer feature, “Active Lane Change,” but yeah it’s hard to justify the $400 up-charge.

[cheapie408]

Originally Posted by BMWPenPen

That sounds about right. Just make sure your CCA membership is 1 year old or 3+ years and 6 months old.

Is that a thing now? I remember last time, joined and within the purchased my vehicle and received the discount.

[Phasers]

Originally Posted by cheapie408

Is that a thing now? I remember last time, joined and within the purchased my vehicle and received the discount.

They made the change about 4-5 years ago.

Originally Posted by https://cdn.bmwcca.org/static/join/index.html

Purchase a 3-year or longer membership and after 6 months you will be ELIGIBLE for the BMW CCA Membership Reward Rebate worth up to $1,000 when purchasing a new or CPO BMW from an authorized US BMW Center!

[cheapie408]

Originally Posted by Phasers

They made the change about 4-5 years ago.

Good to know, I must have snuck in right before the change, late 2019.

[papa-shartz]

Longtime lurker, first time poster...

Has anyone managed to get a good discount from any BMW dealerships in the northeast? I have been looking at on-lot MY24's but would be open to a custom order too. The best discount I've managed to negotiate is 4% which seems kinda low.

[Sat Pat]

Originally Posted by papa-shartz

Longtime lurker, first time poster...

Has anyone managed to get a good discount from any BMW dealerships in the northeast? I have been looking at on-lot MY24's but would be open to a custom order too. The best discount I've managed to negotiate is 4% which seems kinda low.

DM me if you are willing to pick up from the DC area. Will put you in touch with a few sales guys I worked with.

[LakeTimes]

UPDATE: Dealer with my deposit is now giving me 7% vs 5.5%.

FINALLY locked in a MY25 M60 with almost every option (besides the Crystal Headlights). Locked in 5.5% and then 3 days later (yesterday) competing dealer came back with 7%, but I've already put down my deposit with the one at 5.5% (good, bad or indifferent). Everyone started hard and around 1% then 3% - 4.3% and then there was a standstill for a bit. After a lot more back and forth, finally got to 5.5%. This is BEFORE all incentives (Military - $4,000, BMW CCA - $1,000).

Since there are fewer M60's, one should expect to get less discount than on the 4.0s - this at least my experience. Check on Dealer inventory in your area and you will see for example a total of 9 X7's on a lot with maybe 1 being an M60.

I will say working with a broker (he was great to work with and highly reputable) was very positive, but I'd have to ship it and figure out more logistics vs buying 'relatively' local and not paying for additional shipping. Happy to share his contact info - PM me if you aren't seeing these discount levels as he can secure you one with a great discount.

Needless to say, excited for this new addition to arrive!

[Phasers]

Originally Posted by LakeTimes

FINALLY locked in a MY25 M60 with almost every option (besides the Crystal Headlights). Locked in 5.5% and then 3 days later (yesterday) competing dealer came back with 7%, but I've already put down my deposit with the one at 5.5% (good bad or indifferent). Everyone started hard and around 1% then 3% - 4.3% and then there was a standstill for a bit. After a lot more back and forth, finally got to 5.5%. This is BEFORE all incentives (Military, BMW CCA & Loytaly which won't apply to me as paying cash).

Since there are fewer M60's, you should expect to get less discount than on the 4.0s is at least my experience.

I will say working with a broker (he was great to work with and highly reputable) was very positive and he got me 6% out of the gate, but I'd have to ship it and figure out more logistics vs buying 'relatively' local and not paying for additional shipping.

Excited for this new addition to arrive!

You should get military $4k + BMW CCA $1k even if paying cash (unless I am misreading your post and you are only talking about loyalty, which you can't stack with $4k military anyways)

[LakeTimes]

Originally Posted by Phasers

You should get military $4k + BMW CCA $1k even if paying cash (unless I am misreading your post and you are only talking about loyalty, which you can't stack with $4k military anyways)

You are correct, the $4,000 Military and $1,000 BMW CCA is ON TOP of the discount. BMW Loyalty, as I understand it, will still not apply as I'm paying cash. I could have done better job illustrating that out. Will update for others. Thank you.


UPDATE: Politely let the dealer with my deposit know it appears April incentives changed and they should revisit discount as I've got 7% from another dealer and they matched.

Guessing others out there can still do better in some geo's on an M60 as I'm in the Northeast, but hopefully these are valuable data points for all.

[TheAce]

Is there a $4000 dealer allowance and $500 loyalty available for X7 40i?

https://www.bmwoffremont.com/global-...e6a2d6c8c1.htm

[mattsrs]

Originally Posted by LakeTimes

You are correct, the $4,000 Military and $1,000 BMW CCA is ON TOP of the discount. BMW Loyalty, as I understand it, will still not apply as I'm paying cash. I could have done better job illustrating that out. Will update for others. Thank you.


UPDATE: Politely let the dealer with my deposit know it appears April incentives changed and they should revisit discount as I've got 7% from another dealer and they matched.

Guessing others out there can still do better in some geo's on an M60 as I'm in the Northeast, but hopefully these are valuable data points for all.

CCA doesn't stack with loyalty so doesn't matter in your case.

[mattsrs]

Originally Posted by TheAce

Is there a $4000 dealer allowance and $500 loyalty available for X7 40i?

https://www.bmwoffremont.com/global-...e6a2d6c8c1.htm

Interesting! I saw it on some other dealers website too (for example this one in NJ). It says anywhere in the US but I had not heard about it until you posted. Going to ask my dealer tomorrow and see what they say

EDIT: I believe it is the military discount but doesn't say specifically

[EWL5]

Originally Posted by mattsrs

CCA doesn't stack with loyalty so doesn't matter in your case.

I have never heard this. One has to do with BMW themselves and the other is a club for BMW enthusiasts!

Can someone else confirm this?

[mitch65]

Originally Posted by mattsrs

CCA doesn't stack with loyalty so doesn't matter in your case.

This is incorrect, I have received the CCA rebate multiple times after receiving the loyalty rebate from BMWFS.

[mattsrs]

Originally Posted by mitch65

This is incorrect, I have received the CCA rebate multiple times after receiving the loyalty rebate from BMWFS.

Yes my bad, fleet doesnt stack with cca. Loyalty does stack with cca

[mimranbeig]

Just spoke to a dealership and they are saying 6.6% off MSRP for 2024 over the phone. He claimed they are selling it below invoice (5.5%) but are willing do a bit more once I come to the dealership.

Anyone know what is the invoice on the X7 and how much off MSRP are you getting on 2025?

Thanks

[Phasers]

Originally Posted by mimranbeig

Just spoke to a dealership and they are saying 6.6% off MSRP for 2024 over the phone. He claimed they are selling it below invoice (5.5%) but are willing do a bit more once I come to the dealership.

Anyone know what is the invoice on the X7 and how much off MSRP are you getting on 2025?

Thanks

2025s are hitting lots now, I wouldn't do that on a 2024.