BMW
X7 and XM
forum
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BMW X7 (G07) Forums General BMW X7 Forum BMW X7 Quotes, Pricing and Lease Rates Thread

Post Reply
 
Thread Tools Search this Thread
      01-11-2020, 10:04 PM   #683
basuka_13
New Member
2
Rep
5
Posts

Drives: X1
Join Date: Jan 2020
Location: Fremont

iTrader: (0)

Quote:
Originally Posted by Zavanelli View Post
Yes.
Can you PM the dealer information ?
Appreciate 0
      01-29-2020, 10:12 AM   #684
Crimsonboz
Private First Class
99
Rep
188
Posts

Drives: 2020 BMW X7
Join Date: Jan 2020
Location: FL

iTrader: (0)

Quote:
Originally Posted by Jason View Post
Please use this thread as a master thread to discuss quotes, pricing, lease program and the like. This first post will be updated monthly with the latest lease program numbers (residuals, credits, incentives).

You can find the latest X7 pricing/ordering guides at: https://g07.bimmerpost.com/forums/sh....php?t=1546409

Please do not make dealer / salesperson recommendations or referrals in this thread. Thank you!

Please note that the incentives may differ in your local area.


January 2020 Lease Program:

X7 40i (2020MY)
15k miles / 54% residual
12k miles / 56% residual
10k miles / 57% residual
X7 50i (2020MY)
15k miles / 54% residual
12k miles / 56% residual
10k miles / 57% residual

(x7 40i) $500 lease credit
(x7 40i) $2000 finance credit
(x7 40i) $1250 loyalty credit
(x7 50i/M50i) $1500 lease credit
(x7 50i/M50i) $3000 finance credit
(x7 50i/M50i) $1250 loyalty credit
Not to make a thing of it but could someone help me through the lease process I’ve always ever been a cash guy. Please PM. Thanks in advance.
Appreciate 0
      01-30-2020, 03:40 PM   #685
darksilkx1
Lieutenant
155
Rep
491
Posts

Drives: Monthly Payment
Join Date: Jun 2011
Location: FL

iTrader: (0)

Can anyone please share the name of a dealer that was willing to do more than 8% on a 40i with base MF on an ordered vehicle? I am looking at a PCD so location doesn't matter to me.
__________________
Appreciate 0
      01-31-2020, 07:10 AM   #686
aas5
Captain
171
Rep
901
Posts

Drives: 2022 Tesla Model 3
Join Date: Mar 2010
Location: NY

iTrader: (0)

Just sent you a pm.
__________________
Sold: 2020 X7 M50 White Mineral with Ivory & Blue, 2017 X6M Long Beach Blue with Mugello Red, 2014 X6M Monte Carlo Blue with Mugello Red, 2011 X6 5.0 Black on Black, 2008 E350 4Matic Silver, 2006 Infiniti M45 Diamond Graphite
Appreciate 0
      02-03-2020, 11:21 AM   #687
Heimdall
The Centurion
Heimdall's Avatar
No_Country
137
Rep
451
Posts

Drives: BMW X7 M40i
Join Date: Feb 2020
Location: Mars

iTrader: (0)

Garage List
  [0.00]
Hello everyone
I'm a newbie here and for the first time looking at BMW,
I'm about to pull the trigger on a custom build. What's a good deal discount wise ?
I'm based in SoCal and looking at a lease.
Appreciate 0
      02-03-2020, 01:25 PM   #688
Jason
Administrator
Jason's Avatar
United_States
40300
Rep
21,232
Posts

Drives: F80 M3
Join Date: Mar 2005
Location: USA

iTrader: (0)

Updated with February 2020 program -- no changes.
__________________
Check on the Latest BMW News
Become a fan of Bimmerpost Facebook
Follow us on Bimmerpost Twitter
Subscribe to Bimmerpost Youtube Channel
Appreciate 0
      02-04-2020, 12:09 PM   #689
760Lifan
Major
760Lifan's Avatar
451
Rep
1,115
Posts

Drives: 2022 4xe Summit R & Trailhawk
Join Date: Apr 2013
Location: Land O Lakes, FL

iTrader: (0)

Quote:
Originally Posted by Jason View Post
Updated with February 2020 program -- no changes.
Well, the MF went up.

Was 0.00137, now it's 0.00142.
__________________
Gone: 2020 X7 M50i, Mineral White, Ivory White Full Merino, Piano Black Trim, Cold Weather, Dynamic Handling, Driving Assistance, Luxury Seating, Executive, 22" Y-Spoke Orbit Grey Wheels Style 758i, Space Saver Spare, Trailer Hitch, Leather Dash, Ambient Air, Bowers & Wilkins, Rear Entertainment, Night Vision, Extended Shadowline, Alcantara Headliner in Upholstery Color.
Appreciate 0
      02-06-2020, 01:00 PM   #690
Crimsonboz
Private First Class
99
Rep
188
Posts

Drives: 2020 BMW X7
Join Date: Jan 2020
Location: FL

iTrader: (0)

Hey everyone could someone look this over and let me know what they think:

This is first negation round. My reply was a reduction of the MF, no money down only MSD, and Acquisition fee gone.

2020 X7 M50i

MSRP- $119,375
Discount-$12,697.00
Sale Price- $106, 678.00

Dealer Doc- $225.00
Tax- $81.48

Lic- $400.00
Acquisition fee- $925.00
Net Price- $108,309.48

Cash Down- $2500 (I did not ask them to do this will take out and do MSD)

Balance- $105,809.48

12K miles
36 Months
MF .00182

Where can clip this some?

Payment- $1561
Appreciate 0
      02-06-2020, 01:23 PM   #691
aas5
Captain
171
Rep
901
Posts

Drives: 2022 Tesla Model 3
Join Date: Mar 2010
Location: NY

iTrader: (0)

Does your discount include the BMS lease incentives? Something is wrong with the monthly payment but it all may be because of the MF.
__________________
Sold: 2020 X7 M50 White Mineral with Ivory & Blue, 2017 X6M Long Beach Blue with Mugello Red, 2014 X6M Monte Carlo Blue with Mugello Red, 2011 X6 5.0 Black on Black, 2008 E350 4Matic Silver, 2006 Infiniti M45 Diamond Graphite
Appreciate 0
      02-06-2020, 01:41 PM   #692
760Lifan
Major
760Lifan's Avatar
451
Rep
1,115
Posts

Drives: 2022 4xe Summit R & Trailhawk
Join Date: Apr 2013
Location: Land O Lakes, FL

iTrader: (0)

Quote:
Originally Posted by Crimsonboz View Post
2020 X7 M50i

MSRP- $119,375
Discount-$12,697.00
Sale Price- $106, 678.00

Dealer Doc- $225.00
Tax- $81.48

Lic- $400.00
Acquisition fee- $925.00
Net Price- $108,309.48

Cash Down- $2500 (I did not ask them to do this will take out and do MSD)

Balance- $105,809.48

12K miles
36 Months
MF .00182

Where can clip this some?

Payment- $1561
OK, so let's have a look.

With $2,500 down, using the base MF of .00142 and a residual of 56%, I get to a monthly payment of about $1,465. That, however, is based on a 7% tax-rate. You would have to enter your local rate yourself and re-calculate.

What I did: I took the $2,500, deducted $1,500 for the first payment and applied the remaining $1,000 to the net-price ($107,310). Then, I took this number and deducted it from the MSRP to get to the 'down-payment' used for the lease-calculator - in your case, $12,065:

https://www.calculator.net/auto-leas...ndard&x=2&y=20

Enter your tax-rate and see where you get.
__________________
Gone: 2020 X7 M50i, Mineral White, Ivory White Full Merino, Piano Black Trim, Cold Weather, Dynamic Handling, Driving Assistance, Luxury Seating, Executive, 22" Y-Spoke Orbit Grey Wheels Style 758i, Space Saver Spare, Trailer Hitch, Leather Dash, Ambient Air, Bowers & Wilkins, Rear Entertainment, Night Vision, Extended Shadowline, Alcantara Headliner in Upholstery Color.
Appreciate 0
      02-06-2020, 01:54 PM   #693
760Lifan
Major
760Lifan's Avatar
451
Rep
1,115
Posts

Drives: 2022 4xe Summit R & Trailhawk
Join Date: Apr 2013
Location: Land O Lakes, FL

iTrader: (0)

Quote:
Originally Posted by aas5 View Post
Does your discount include the BMS lease incentives?
that, of course, is another important factor because if it does, the discount off MSRP would have to be looked at, too.
__________________
Gone: 2020 X7 M50i, Mineral White, Ivory White Full Merino, Piano Black Trim, Cold Weather, Dynamic Handling, Driving Assistance, Luxury Seating, Executive, 22" Y-Spoke Orbit Grey Wheels Style 758i, Space Saver Spare, Trailer Hitch, Leather Dash, Ambient Air, Bowers & Wilkins, Rear Entertainment, Night Vision, Extended Shadowline, Alcantara Headliner in Upholstery Color.
Appreciate 0
      02-06-2020, 02:57 PM   #694
Crimsonboz
Private First Class
99
Rep
188
Posts

Drives: 2020 BMW X7
Join Date: Jan 2020
Location: FL

iTrader: (0)

Quote:
Originally Posted by aas5 View Post
Does your discount include the BMS lease incentives? Something is wrong with the monthly payment but it all may be because of the MF.
According to them it is included.
Appreciate 0
      02-06-2020, 02:59 PM   #695
Crimsonboz
Private First Class
99
Rep
188
Posts

Drives: 2020 BMW X7
Join Date: Jan 2020
Location: FL

iTrader: (0)

Quote:
Originally Posted by 760Lifan View Post
OK, so let's have a look.

With $2,500 down, using the base MF of .00142 and a residual of 56%, I get to a monthly payment of about $1,465. That, however, is based on a 7% tax-rate. You would have to enter your local rate yourself and re-calculate.

What I did: I took the $2,500, deducted $1,500 for the first payment and applied the remaining $1,000 to the net-price ($107,310). Then, I took this number and deducted it from the MSRP to get to the 'down-payment' used for the lease-calculator - in your case, $12,065:

https://www.calculator.net/auto-leas...ndard&x=2&y=20

Enter your tax-rate and see where you get.
They said they won't budge on the MF since the discount is high. What are your thoughts?

My tax rate is 7%
Appreciate 0
      02-06-2020, 03:03 PM   #696
760Lifan
Major
760Lifan's Avatar
451
Rep
1,115
Posts

Drives: 2022 4xe Summit R & Trailhawk
Join Date: Apr 2013
Location: Land O Lakes, FL

iTrader: (0)

Quote:
Originally Posted by Crimsonboz View Post
According to them it is included.
The amount of the lease-incentives also depends on your region.

I suggest going here:

https://forums.edmunds.com/discussio...-and-prices/p5

and ask them what the current lease incentive on the X7 M50i is based on your ZIP. For my area, it is $1,500 right now.
__________________
Gone: 2020 X7 M50i, Mineral White, Ivory White Full Merino, Piano Black Trim, Cold Weather, Dynamic Handling, Driving Assistance, Luxury Seating, Executive, 22" Y-Spoke Orbit Grey Wheels Style 758i, Space Saver Spare, Trailer Hitch, Leather Dash, Ambient Air, Bowers & Wilkins, Rear Entertainment, Night Vision, Extended Shadowline, Alcantara Headliner in Upholstery Color.
Appreciate 0
      02-06-2020, 03:17 PM   #697
760Lifan
Major
760Lifan's Avatar
451
Rep
1,115
Posts

Drives: 2022 4xe Summit R & Trailhawk
Join Date: Apr 2013
Location: Land O Lakes, FL

iTrader: (0)

Quote:
Originally Posted by Crimsonboz View Post
They said they won't budge on the MF since the discount is high. What are your thoughts?

My tax rate is 7%
OK, I see that you are in FL so your numbers should be identical to mine.

The discount is not that 'high'. If you are getting the same $1,500 from BMW Financial on your lease, your actual discount from the dealer shrinks to 9.4% which is not bad but pretty standard by now in FL.

I got 10% plus the lease-incentive. However, if you are getting 9.4% instead of 10% it's a difference of $700 or about $20/month - just to put a number on it.

I believe the real issue here is the Money Factor.

Let's compare the base MF to the one they are demanding:

Again, just to put a number on it: They are asking for $75/month(!!!) on top of the regular rate to go into their pocket. That's an additional $2,700(!!) over 36 months.

MF charge-ups aren't nothing out of the ordinary but there are decent ones (+$15/month) and flat out outrageous ones (+$75/month). I guess you know what I mean by that...
__________________
Gone: 2020 X7 M50i, Mineral White, Ivory White Full Merino, Piano Black Trim, Cold Weather, Dynamic Handling, Driving Assistance, Luxury Seating, Executive, 22" Y-Spoke Orbit Grey Wheels Style 758i, Space Saver Spare, Trailer Hitch, Leather Dash, Ambient Air, Bowers & Wilkins, Rear Entertainment, Night Vision, Extended Shadowline, Alcantara Headliner in Upholstery Color.
Appreciate 0
      02-06-2020, 03:43 PM   #698
Crimsonboz
Private First Class
99
Rep
188
Posts

Drives: 2020 BMW X7
Join Date: Jan 2020
Location: FL

iTrader: (0)

Quote:
Originally Posted by 760Lifan View Post
OK, I see that you are in FL so your numbers should be identical to mine.

The discount is not that 'high'. If you are getting the same $1,500 from BMW Financial on your lease, your actual discount from the dealer shrinks to 9.4% which is not bad but pretty standard by now in FL.

I got 10% plus the lease-incentive. However, if you are getting 9.4% instead of 10% it's a difference of $700 or about $20/month - just to put a number on it.

I believe the real issue here is the Money Factor.

Let's compare the base MF to the one they are demanding:

Again, just to put a number on it: They are asking for $75/month(!!!) on top of the regular rate to go into their pocket. That's an additional $2,700(!!) over 36 months.

MF charge-ups aren't nothing out of the ordinary but there are decent ones (+$15/month) and flat out outrageous ones (+$75/month). I guess you know what I mean by that...
I am not taking the deal I just told them. On to the next one. They are getting weird about some things.
Appreciate 0
      02-06-2020, 03:51 PM   #699
760Lifan
Major
760Lifan's Avatar
451
Rep
1,115
Posts

Drives: 2022 4xe Summit R & Trailhawk
Join Date: Apr 2013
Location: Land O Lakes, FL

iTrader: (0)

Quote:
Originally Posted by Crimsonboz View Post
I am not taking the deal I just told them. On to the next one. They are getting weird about some things.
Good decision!

They were trying to lure you with the discount and screw you on the MF.

That's how they get the 'uninformed' customers.
__________________
Gone: 2020 X7 M50i, Mineral White, Ivory White Full Merino, Piano Black Trim, Cold Weather, Dynamic Handling, Driving Assistance, Luxury Seating, Executive, 22" Y-Spoke Orbit Grey Wheels Style 758i, Space Saver Spare, Trailer Hitch, Leather Dash, Ambient Air, Bowers & Wilkins, Rear Entertainment, Night Vision, Extended Shadowline, Alcantara Headliner in Upholstery Color.
Appreciate 0
      02-06-2020, 09:39 PM   #700
Crimsonboz
Private First Class
99
Rep
188
Posts

Drives: 2020 BMW X7
Join Date: Jan 2020
Location: FL

iTrader: (0)

Quote:
Originally Posted by 760Lifan View Post
Good decision!

They were trying to lure you with the discount and screw you on the MF.

That's how they get the 'uninformed' customers.
Next deal in the works. MF is at base so that’s good.
Appreciate 0
      02-07-2020, 09:33 AM   #701
Crimsonboz
Private First Class
99
Rep
188
Posts

Drives: 2020 BMW X7
Join Date: Jan 2020
Location: FL

iTrader: (0)

Quote:
Originally Posted by 760Lifan View Post
Good decision!

They were trying to lure you with the discount and screw you on the MF.

That's how they get the 'uninformed' customers.
I decided to stick with my build. It’s finally moving along.

Dealership is giving me the base MF, close to 10%, and throwing in some mats and headphones.

Numbers look solid with no inflated MF or dealer fees. Trade was good and moving to lease for the foreseeable future. Once she hits the ground I will post final numbers for a look and some pictures.

760 I appreciate everything you really tipped the scale.
Appreciate 0
      02-07-2020, 10:20 AM   #702
760Lifan
Major
760Lifan's Avatar
451
Rep
1,115
Posts

Drives: 2022 4xe Summit R & Trailhawk
Join Date: Apr 2013
Location: Land O Lakes, FL

iTrader: (0)

Quote:
Originally Posted by Crimsonboz View Post
I decided to stick with my build. It’s finally moving along.

Dealership is giving me the base MF, close to 10%, and throwing in some mats and headphones.

Numbers look solid with no inflated MF or dealer fees. Trade was good and moving to lease for the foreseeable future. Once she hits the ground I will post final numbers for a look and some pictures.

760 I appreciate everything you really tipped the scale.
Hey, I learned sooo much on these forums that I'm always happy if I can give something back!

With a base MF and a discount close to 10% AND some extra accessories, you got a great deal.
__________________
Gone: 2020 X7 M50i, Mineral White, Ivory White Full Merino, Piano Black Trim, Cold Weather, Dynamic Handling, Driving Assistance, Luxury Seating, Executive, 22" Y-Spoke Orbit Grey Wheels Style 758i, Space Saver Spare, Trailer Hitch, Leather Dash, Ambient Air, Bowers & Wilkins, Rear Entertainment, Night Vision, Extended Shadowline, Alcantara Headliner in Upholstery Color.
Appreciate 1
Heimdall136.50
      02-07-2020, 10:35 AM   #703
Wanderer73
Major
673
Rep
1,021
Posts

Drives: X7 M50i
Join Date: Oct 2019
Location: Colorado

iTrader: (0)

Quote:
Originally Posted by 760Lifan View Post
Quote:
Originally Posted by Crimsonboz View Post
I decided to stick with my build. It’s finally moving along.

Dealership is giving me the base MF, close to 10%, and throwing in some mats and headphones.

Numbers look solid with no inflated MF or dealer fees. Trade was good and moving to lease for the foreseeable future. Once she hits the ground I will post final numbers for a look and some pictures.

760 I appreciate everything you really tipped the scale.
Hey, I learned sooo much on these forums that I'm always happy if I can give something back!

With a base MF and a discount close to 10% AND some extra accessories, you got a great deal.
You landed in a good place! Congrats.
Appreciate 0
      02-07-2020, 10:50 AM   #704
Paultattoo
Paul Tattoo
Paultattoo's Avatar
186
Rep
479
Posts

Drives: 2024 BMW X7
Join Date: Nov 2019
Location: Chicago

iTrader: (0)

Quote:
Originally Posted by Wanderer73 View Post
Quote:
Originally Posted by 760Lifan View Post
Quote:
Originally Posted by Crimsonboz View Post
I decided to stick with my build. It's finally moving along.

Dealership is giving me the base MF, close to 10%, and throwing in some mats and headphones.

Numbers look solid with no inflated MF or dealer fees. Trade was good and moving to lease for the foreseeable future. Once she hits the ground I will post final numbers for a look and some pictures.

760 I appreciate everything you really tipped the scale.
Hey, I learned sooo much on these forums that I'm always happy if I can give something back!

With a base MF and a discount close to 10% AND some extra accessories, you got a great deal.
You landed in a good place! Congrats.
MF. Money factor. What is that?
__________________
Received on 12/28/2023: 2024 X7 XDrive 40i Obsidian Black, Coffee Vernasca Leather, M SPORT, EXECUTIVE, DYNAMIC, ASSISTANCE PRO PKG, LUX SEATING, COLD WEATHER, PARK ASSIST, Ambient Air, Shadowline Trim,
Harman Kardon, Trailer Hitch.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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 08:44 AM.




xbimmers
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