X7 x40i new or CPO SF Bay Area pricing

wilbmw · 10-19-2023, 12:27 PM

Hi folks,

I am recently shopping for 3 rows SUV to replace my 11 yrs old Lexus. I tested a 2022 X7 x40i m-sport CPO with 14K miles and really like the drive and ride. However the asking is $77K while the new build back then was $86K.. not much off from the new car's MSRP.

I wonder if any Bay Area members are willing to share what price they paid for their new or CPO X7 x40i? and any recommended dealers to go to?

I visited Fremont BMW once and they don't seem to care about your business and only allow one to drive around the block with 4 right turns during the test drive.. not a very pleasant experience.

Any advice is appreciated.

-- william

bagekko · 10-19-2023, 01:24 PM

CPO has gotten ridiculously expensive and many dealers are no CPO'ing cars anymore, according to my sales guy.

Just last week when discussing options on my 2021 X7 40i lease buyout, asked what maintenance extension was and 1 yr on top of factory warranty, answer was about $10k, sure there could be some negotiation on that but was so high wasn't even worth it.

MR_M2 · 10-19-2023, 01:28 PM

Get a good deal on low miles, newish car without CPO and add extended warranty later.

HC707 · 10-19-2023, 03:40 PM

This is the quote I got for platinum warranty 0 deductible for my 2021 X5 M50i. This is from a dealer who is a forum member here. For a 40i, it should be cheaper.
This is the Platinum warranty with no deductible. All time and miles begin from the vehicles original in service date. BMW will cover a vehicle for a total of 7 years. The options below would add an additional 1, 2 or 3 years.

60 months/75k miles $4450

60 months/100k miles $5000

72 months/75k miles $5250

72 months/100k miles $6050

84 months/75k miles $6000

84 months/100k miles $7300

thenew3 · 10-19-2023, 04:25 PM

$77k for a 21 40i seems a bit high.

2021 M50i CPO

Here's a 2021 M50i CPO for under $79k. Original sticker $111k

2021 M50i CPO

Another for $77k

2022 40i CPO

And a 2022 40i CPO for $77k.

Shop around.

Madsen203 · 10-20-2023, 12:43 AM

Shop out of state. That’s my plan and I live in the Bay Area as well. I saw one in Texas, fully loaded 40i, for $60k and 30k miles. Had a white interior though which is why it is probably still for sale.

Zer00 · 10-20-2023, 08:06 AM

I paid just over that for new in Dec. I think there was a small window end of last year\ early this year where discounts could be had. May be try shopping end of dec when they are looking to move inventory. From a test drive perspective I had a good experience at eastbay bmw. May be try them.

IAmSpeed · 10-20-2023, 08:15 AM

Bay area is sick .... I am on the same boat, looking to buy a new X7 X40i, went to Mountain View, Fremont, and San Francisco BMW and none of them are willing to negotiate the price, not even $1 penny... and not to mention that the car has been on their lot for over 70 days ...

I just secured a good deal in Arizona yesterday, OP might consider buying from nearby state like Utah, Oregon, or Arizona. Shop around, the crazy markup time is over, don't know when stealership in the Bay Area would wake up.

Madsen203 · 10-20-2023, 09:38 AM

There’s a half dozen good options on auto trader within 500 miles. All under $60k / 40k miles.

sarugby4life · 10-20-2023, 09:42 AM

Quote:

Originally Posted by Iamthespeed

Bay area is sick .... I am on the same boat, looking to buy a new X7 X40i, went to Mountain View, Fremont, and San Francisco BMW and none of them are willing to negotiate the price, not even $1 penny... and not to mention that the car has been on their lot for over 70 days ...

I just secured a good deal in Arizona yesterday, OP might consider buying from nearby state like Utah, Oregon, or Arizona. Shop around, the crazy markup time is over, don't know when stealership in the Bay Area would wake up.

What kind of deal did you get in AZ?

IAmSpeed · 10-20-2023, 10:15 AM

Quote:

Originally Posted by sarugby4life

What kind of deal did you get in AZ?

I managed to get 5% below MSRP on a brand new X7 x40i, which isn't something crazy but it's the best deal I got so far, none of the dealers in the Bay Area I visited willing to do a price match.

The negotiation was also fairly simple, I said a number, take it or leave it, they initially gave me a hard NO, but then came back to me four days after said they will do it if I can do cash.

tinfoiltuna · 10-20-2023, 04:20 PM

Honestly I was afraid I was going to run into this thread. I got giddy over a new car and probably overpaid.

CPO 2023 40i with 19k miles, msport package, msport brake, premium package, driving assistance, 22" black wheels, captains chairs..... paid $78k.

I remember pulling out my phone to get MSRP on a new one and it was only about ~10-15k higher.

Don't get me wrong, I absolutely love it but I had to stop looking at listings after I purchased to prevent purchase hangover lol.

sky-raptor · 10-21-2023, 06:48 PM

Quote:

Originally Posted by Madsen203

Shop out of state. That’s my plan and I live in the Bay Area as well. I saw one in Texas, fully loaded 40i, for $60k and 30k miles. Had a white interior though which is why it is probably still for sale.

Could you link me to this one? I’ve been looking for awhile for a CPO/used 40i with the white inteior

JK479 · 10-21-2023, 07:12 PM

Quote:

Originally Posted by MR_M2

Get a good deal on low miles, newish car without CPO and add extended warranty later.

Smart- and you can negotiate that extended warranty if it’s under 50,000 miles

JK479 · 10-21-2023, 07:14 PM

Quote:

Originally Posted by tinfoiltuna

Honestly I was afraid I was going to run into this thread. I got giddy over a new car and probably overpaid.

CPO 2023 40i with 19k miles, msport package, msport brake, premium package, driving assistance, 22" black wheels, captains chairs..... paid $78k.

I remember pulling out my phone to get MSRP on a new one and it was only about ~10-15k higher.

Don't get me wrong, I absolutely love it but I had to stop looking at listings after I purchased to prevent purchase hangover lol.

Higher priced suv prices are crashing🖲. I have no reason why though

Madsen203 · 10-21-2023, 09:10 PM

Quote:

Originally Posted by sky-raptor

Could you link me to this one? I’ve been looking for awhile for a CPO/used 40i with the white inteior

https://www.autotrader.com/cars-for-...ckType=listing

Here are one I found quickly. There are several others. Set your filters on auto trader to 2021-2022, x7 40i, and any distance from you. I also set mileage filter to <45k.

bono · 10-21-2023, 11:14 PM

I am on SoCal. I got the best deal on X5 50e with an individual paint from BMW Mountain View. 6% off MSRP. None of SoCal dealers wanted to go below MSRP on 50e. Gas version yes, but not hybrid.

I think you just need to check all of the places and potentially contact different sales guys at the same dealer.

MR_M2 · 10-22-2023, 01:59 AM

2021 M50i
Seems like a great deal:
12k miles, DHP, DAP, exec, cold weather pkg, tartufo merino. For ~75k.

Tinbad · 10-22-2023, 01:22 PM

You may want to look at loaded 20 models as well. 21-22 are the years a lot of options and standard equipment were cut. For our second X7, a fully loaded M50i CPO with 2 years of warranty left, I paid $71k in July. Found it in SoCal and made it into a road trip back to Bay Area.

Tinbad · 10-22-2023, 01:24 PM

Quote:

Originally Posted by MR_M2

2021 M50i
Seems like a great deal:
12k miles, DHP, DAP, exec, cold weather pkg, tartufo merino. For ~75k.

Not bad, but no B&W, which would be a deal breaker for me.

MR_M2 · 10-22-2023, 02:17 PM

Quote:

Originally Posted by Tinbad

Not bad, but no B&W, which would be a deal breaker for me.

Sure. Some may prefer low mileage, newer model year and decently spec’d car than one with higher miles with bowers.

DHP car doesn’t come around very often.

keen.suen · 10-22-2023, 08:03 PM

My recommendation is to work with a broker. I used Cartelligent last year for my custom built X7 40i, got ~7% off msrp. There is some broker fee but you never need to deal with anyone from dealer in the entire process. Totally worth it!
FWIW, they ended up sourcing my car from BMW Stevens Creek.

10-19-2023, 12:27 PM	#1
wilbmw New Member 1 Rep 16 Posts Drives: Lexus Join Date: Sep 2015 Location: Bay Area, CA iTrader: (0)	X7 x40i new or CPO SF Bay Area pricing Hi folks, I am recently shopping for 3 rows SUV to replace my 11 yrs old Lexus. I tested a 2022 X7 x40i m-sport CPO with 14K miles and really like the drive and ride. However the asking is $77K while the new build back then was $86K.. not much off from the new car's MSRP. I wonder if any Bay Area members are willing to share what price they paid for their new or CPO X7 x40i? and any recommended dealers to go to? I visited Fremont BMW once and they don't seem to care about your business and only allow one to drive around the block with 4 right turns during the test drive.. not a very pleasant experience. Any advice is appreciated. -- william
	Appreciate 0 Tweet Quote

10-19-2023, 01:24 PM	#2
bagekko Major 815 Rep 1,078 Posts Drives: Lots of BMWs Join Date: Aug 2013 Location: RI/MA iTrader: (0) Garage List 2018 M4 Vert [0.00] 2006 Z4M Roadster [0.00] 1995 540i [0.00] 2008 BMW M5 [0.00] 2019 i3 Rex [0.00] 2021 X7 40i MSport [0.00]	CPO has gotten ridiculously expensive and many dealers are no CPO'ing cars anymore, according to my sales guy. Just last week when discussing options on my 2021 X7 40i lease buyout, asked what maintenance extension was and 1 yr on top of factory warranty, answer was about $10k, sure there could be some negotiation on that but was so high wasn't even worth it. __________________ 2008 M5 6spd, 1995 540i 6spd 2018 M4 Vert Comp, 2019 i3 120ah REX 2021 X7 40i MSport, 2006 Z4M 6spd
	Appreciate 0 Quote

10-19-2023, 01:28 PM	#3
MR_M2 Lieutenant 519 Rep 444 Posts Drives: 2017 M2 6MT, 2022 X7 M50i Join Date: Sep 2016 Location: Bay Area iTrader: (0) Garage List BMW M2 [0.00] BMW X7 M50i [0.00]	Get a good deal on low miles, newish car without CPO and add extended warranty later.
	Appreciate 0 Quote

10-19-2023, 03:40 PM	#4
HC707 Private 50 Rep 90 Posts Drives: X5 M50i Join Date: Oct 2019 Location: Wesley Chapel, Fl iTrader: (0)	This is the quote I got for platinum warranty 0 deductible for my 2021 X5 M50i. This is from a dealer who is a forum member here. For a 40i, it should be cheaper. This is the Platinum warranty with no deductible. All time and miles begin from the vehicles original in service date. BMW will cover a vehicle for a total of 7 years. The options below would add an additional 1, 2 or 3 years. 60 months/75k miles $4450 60 months/100k miles $5000 72 months/75k miles $5250 72 months/100k miles $6050 84 months/75k miles $6000 84 months/100k miles $7300
	Appreciate 0 Quote

10-19-2023, 04:25 PM	#5
thenew3 Lieutenant Colonel 639 Rep 1,588 Posts Drives: 2020 X7, 2016 X3, 2021 MME Join Date: Oct 2015 Location: Central coast CA iTrader: (0)	$77k for a 21 40i seems a bit high. 2021 M50i CPO Here's a 2021 M50i CPO for under $79k. Original sticker $111k 2021 M50i CPO Another for $77k 2022 40i CPO And a 2022 40i CPO for $77k. Shop around.
	Appreciate 0 Quote

10-20-2023, 12:43 AM	#6
Madsen203 Private First Class 78 Rep 180 Posts Drives: Tesla Model Y Join Date: Apr 2023 Location: Bay Area iTrader: (0)	Shop out of state. That’s my plan and I live in the Bay Area as well. I saw one in Texas, fully loaded 40i, for $60k and 30k miles. Had a white interior though which is why it is probably still for sale.
	Appreciate 0 Quote

10-20-2023, 08:06 AM	#7
Zer00 Private 31 Rep 62 Posts Drives: X7 40i Join Date: Feb 2022 Location: Bay Area iTrader: (0) Garage List 2023 BMW X7 [0.00]	I paid just over that for new in Dec. I think there was a small window end of last year\ early this year where discounts could be had. May be try shopping end of dec when they are looking to move inventory. From a test drive perspective I had a good experience at eastbay bmw. May be try them.
	Appreciate 0 Quote

10-20-2023, 08:15 AM	#8
IAmSpeed Captain 1174 Rep 978 Posts Drives: 2023 X4 M40i (G02) Join Date: Jul 2022 Location: San Francisco Bay Area iTrader: (0) Garage List 2023 BMW X4 M40i [10.00]	Bay area is sick .... I am on the same boat, looking to buy a new X7 X40i, went to Mountain View, Fremont, and San Francisco BMW and none of them are willing to negotiate the price, not even $1 penny... and not to mention that the car has been on their lot for over 70 days ... I just secured a good deal in Arizona yesterday, OP might consider buying from nearby state like Utah, Oregon, or Arizona. Shop around, the crazy markup time is over, don't know when stealership in the Bay Area would wake up. __________________ 2004 Toyota Vios \| 2004 BMW X3 \| 2007 Chrysler Town and Country \| 2007 Ford Escape \| 2008 Honda CRV \| 2017 Nissan Versa Note \| 2017 Toyota RAV4 \| 2017 Toyota Yaris iA \| 2019 Porsche 911 \| 2023 BMW X4 M40i
	Appreciate 1 sarugby4life322.50 Quote

10-20-2023, 09:38 AM	#9
Madsen203 Private First Class 78 Rep 180 Posts Drives: Tesla Model Y Join Date: Apr 2023 Location: Bay Area iTrader: (0)	There’s a half dozen good options on auto trader within 500 miles. All under $60k / 40k miles.
	Appreciate 0 Quote

10-20-2023, 04:20 PM	#12
tinfoiltuna Private First Class 60 Rep 140 Posts Drives: 2023 X7 M60i Join Date: Oct 2023 Location: South iTrader: (0)	Honestly I was afraid I was going to run into this thread. I got giddy over a new car and probably overpaid. CPO 2023 40i with 19k miles, msport package, msport brake, premium package, driving assistance, 22" black wheels, captains chairs..... paid $78k. I remember pulling out my phone to get MSRP on a new one and it was only about ~10-15k higher. Don't get me wrong, I absolutely love it but I had to stop looking at listings after I purchased to prevent purchase hangover lol.
	Appreciate 1 sarugby4life322.50 Quote

10-21-2023, 11:14 PM	#17
bono Lieutenant 277 Rep 565 Posts Drives: BMW X5d Join Date: Nov 2015 Location: CA iTrader: (0)	I am on SoCal. I got the best deal on X5 50e with an individual paint from BMW Mountain View. 6% off MSRP. None of SoCal dealers wanted to go below MSRP on 50e. Gas version yes, but not hybrid. I think you just need to check all of the places and potentially contact different sales guys at the same dealer.
	Appreciate 0 Quote

10-22-2023, 01:59 AM	#18
MR_M2 Lieutenant 519 Rep 444 Posts Drives: 2017 M2 6MT, 2022 X7 M50i Join Date: Sep 2016 Location: Bay Area iTrader: (0) Garage List BMW M2 [0.00] BMW X7 M50i [0.00]	2021 M50i Seems like a great deal: 12k miles, DHP, DAP, exec, cold weather pkg, tartufo merino. For ~75k.
	Appreciate 0 Quote

10-22-2023, 01:22 PM	#19
Tinbad Second Lieutenant 141 Rep 238 Posts Drives: X7 Join Date: Aug 2020 Location: Northern California iTrader: (1)	You may want to look at loaded 20 models as well. 21-22 are the years a lot of options and standard equipment were cut. For our second X7, a fully loaded M50i CPO with 2 years of warranty left, I paid $71k in July. Found it in SoCal and made it into a road trip back to Bay Area.
	Appreciate 0 Quote

10-22-2023, 08:03 PM	#22
keen.suen Registered 2 Rep 4 Posts Drives: 2015 M235i Coupe, soon Join Date: Jan 2015 Location: CA Bay Area iTrader: (0)	My recommendation is to work with a broker. I used Cartelligent last year for my custom built X7 40i, got ~7% off msrp. There is some broker fee but you never need to deal with anyone from dealer in the entire process. Totally worth it! FWIW, they ended up sourcing my car from BMW Stevens Creek.
	Appreciate 0 Quote