BMW X7 Quotes, Pricing and Lease Rates Thread

classic_erik · 11-17-2022, 07:48 AM

It's so funny how dealers will do everything they can do get you to use BMWFS even if they have a higher rate. The negligible $750 loyalty credit is meaningless when they are 2-3 pts higher on a 72 month loan.

Orient330iNYC · 11-17-2022, 09:52 AM

Quote:

Originally Posted by classic_erik

It's so funny how dealers will do everything they can do get you to use BMWFS even if they have a higher rate. The negligible $750 loyalty credit is meaningless when they are 2-3 pts higher on a 72 month loan.

well, they keep the bump over the buy rate and get a bonus for the loans through bmwfs.

Thadez · 11-19-2022, 09:45 PM

Have an X7 being delivered next week, not in huge rush to get it - do not need to get rid of my AMG GLE 53.

Here is detail.. I’m in Colorado. Good deal…bad deal, haven’t signed yet?
MSRP - 90,880
Rebate - 750
Discount -2000
Adjusted price 88,130
Per a Plate 395.00

Total purchase - 88,525
Trade allowance (lease trade in so no tax benefit) - 70,000
Trade difference - 18525
Tax - 7865.13

Title $37.20
Net price 26427
Trade pay off - 65,575
Cash down - $5,000
Balance - $87,002.34

60 months at 1,743
Lease at 1,422 for 36 months (obviously with above upfront taxes removed)

classic_erik · 11-20-2022, 08:04 AM

Quote:

Originally Posted by Thadez

Have an X7 being delivered next week, not in huge rush to get it - do not need to get rid of my AMG GLE 53.

Here is detail.. I'm in Colorado. Good deal…bad deal, haven't signed yet?
MSRP - 90,880
Rebate - 750
Discount -2000
Adjusted price 88,130
Per a Plate 395.00

Total purchase - 88,525
Trade allowance (lease trade in so no tax benefit) - 70,000
Trade difference - 18525
Tax - 7865.13

Title $37.20
Net price 26427
Trade pay off - 65,575
Cash down - $5,000
Balance - $87,002.34

60 months at 1,743
Lease at 1,422 for 36 months (obviously with above upfront taxes removed)

Can't comment on the trade-in aspect but $2k off sticker is a great deal yes.

possib1edoc · 11-20-2022, 08:34 AM

Is BMW still doing Spartanburg factory delivery?

Thadez · 11-20-2022, 09:18 AM

Is 0.0025 good MF?

dimapb · 11-20-2022, 10:51 AM

Quote:

Originally Posted by Thadez

Is 0.0025 good MF?

I have responded to your MF question in your other thread, but I'll repeat this here again. The dealer is marking up the MF by one point.
The current November MF BMW buy rate is .0021, which translates to 5.04% interest rate. Your dealer is selling it to you at .0025, which translates to 6.0%.
Seems like you have few options:
1. You can convince your dealer to sell at .0021 MF
2. Ask for additional discount which equates to the amount you would be overpaying by accepting the higher MF
3. Walk away and go to another dealer
4. Etc…

Thadez · 11-20-2022, 12:25 PM

Thanks!

BMWFantastic85 · 11-20-2022, 03:58 PM

Quote:

Originally Posted by dimapb

I have responded to your MF question in your other thread, but I'll repeat this here again. The dealer is marking up the MF by one point.
The current November MF BMW buy rate is .0021, which translates to 5.04% interest rate. Your dealer is selling it to you at .0025, which translates to 6.0%.
Seems like you have few options:
1. You can convince your dealer to sell at .0021 MF
2. Ask for additional discount which equates to the amount you would be overpaying by accepting the higher MF
3. Walk away and go to another dealer
4. Etc…

Mind sharing November’s financing rate for 60 months, top-tier credit? I read somewhere it was 4.79 and received mark-ups of up to 5.79 at one particular dealership. Thanks.

dimapb · 11-20-2022, 04:21 PM

Quote:

Originally Posted by BMWFantastic85

Quote:

Originally Posted by dimapb

I have responded to your MF question in your other thread, but I'll repeat this here again. The dealer is marking up the MF by one point.
The current November MF BMW buy rate is .0021, which translates to 5.04% interest rate. Your dealer is selling it to you at .0025, which translates to 6.0%.
Seems like you have few options:
1. You can convince your dealer to sell at .0021 MF
2. Ask for additional discount which equates to the amount you would be overpaying by accepting the higher MF
3. Walk away and go to another dealer
4. Etc…

Mind sharing November's financing rate for 60 months, top-tier credit? I read somewhere it was 4.79 and received mark-ups of up to 5.79 at one particular dealership. Thanks.

I recommend going to Edmunds BMW forum and ask a question there. That's the source I used. One of the moderators on that forum has access to the current BMW lease/finance rates, loyalty information for each BMW model and locale.

BMWFantastic85 · 11-21-2022, 05:16 PM

Quote:

Originally Posted by dimapb

I recommend going to Edmunds BMW forum and ask a question there. That's the source I used. One of the moderators on that forum has access to the current BMW lease/finance rates, loyalty information for each BMW model and locale.

Thank you - Edmunds confirmed it is 4.79 for the month of November.

Does anyone know of any dealers on the East Coast that are discounting MSRP and charging the standard 4.79 finance rate?

andyli888 · 11-24-2022, 08:04 PM

The best I've seen is a broker doing 4% off+loyalty. He uses a couple of dealers in the NY,NJ,PA area.

BMWFantastic85 · 11-24-2022, 09:28 PM

Quote:

Originally Posted by andyli888

The best I've seen is a broker doing 4% off+loyalty. He uses a couple of dealers in the NY,NJ,PA area.

Mind sharing the broker info?

pgk500 · 11-28-2022, 10:56 PM

Quote:

Originally Posted by nkole

I sent so many customers to my dealer that they ask me to stop referring.

Wow really? Thought car salesman are commission based more they sell more they make!

pgk500 · 11-28-2022, 10:57 PM

Quote:

Originally Posted by possib1edoc

Is BMW still doing Spartanburg factory delivery?

Yes. I am scheduled for Jan 11 , 2023.

brucejtj · 12-03-2022, 12:34 PM

Quote:

Originally Posted by andyli888

Just got a 2023 M60i for 3% under MSRP with 3.99% financing plus 750 in loyalty.

Do you mind sharing the dealer info? Thanks

padrino · 12-06-2022, 02:55 PM

Quote:

Originally Posted by pgk500

Yes. I am scheduled for Jan 11 , 2023.

Can you share the details, my dealer told me this was not possible, however logistically it makes more sense for me to do that then have the car shipped to CA (the dealer) and then back again.

mitch65 · 12-07-2022, 09:49 PM

Quote:

Originally Posted by dimapb

I have responded to your MF question in your other thread, but I'll repeat this here again. The dealer is marking up the MF by one point.
The current November MF BMW buy rate is .0021, which translates to 5.04% interest rate. Your dealer is selling it to you at .0025, which translates to 6.0%.
Seems like you have few options:
1. You can convince your dealer to sell at .0021 MF
2. Ask for additional discount which equates to the amount you would be overpaying by accepting the higher MF
3. Walk away and go to another dealer
4. Etc…

For December BMWFS lowered the Lease Money Factor down to .00170

PL · 12-09-2022, 04:10 PM

BMW is offering 3.99 and 4.99% financing until 1/3/2023. Anyone with any leads on a good deal on the sale price to share?

pgk500 · 12-10-2022, 10:09 PM

Quote:

Originally Posted by classic_erik

That's amazing. Best I could find is $1k off of MSRP across all the dealers in MA, NH and CT.

Same here and in Bay Area. Contacted dealers across the state and recommended here and no one would go below 1k discount and maximum were MSRP.

pgk500 · 12-10-2022, 10:11 PM

Quote:

Originally Posted by padrino

Can you share the details, my dealer told me this was not possible, however logistically it makes more sense for me to do that then have the car shipped to CA (the dealer) and then back again.

The dealer submit the request to PCD and then you get an email from PCD regarding the date for PCD. I am planning to drive back to the Bay Area. If you don’t plan on driving your car back you need to arrange your own shipping at your own cost dealer won’t pay for it. Also my local dealer denied PCD requests as well so I contacted another dealer and they agreed.

pgk500 · 12-10-2022, 10:29 PM

Quote:

Originally Posted by amalpani

in Chicago, getting anywhere from 3%-5% below MSRP.

Nope. Contacted almost every dealer and only 1k below msrp and most were msrp and some didn’t even respond back.

11-17-2022, 07:48 AM	#1849
classic_erik Lieutenant Colonel 2809 Rep 1,859 Posts Drives: 23' X7 40i M Sport Join Date: Jan 2019 Location: South Shore, MA iTrader: (12) Garage List 2023 BMW X7 40i M S ... [0.00] 2020 Audi SQ5 [0.00]	It's so funny how dealers will do everything they can do get you to use BMWFS even if they have a higher rate. The negligible $750 loyalty credit is meaningless when they are 2-3 pts higher on a 72 month loan. __________________ My F15 50i M Sport Build Thread
	Appreciate 1 NGT25614.50 Quote

11-19-2022, 09:45 PM	#1851
Thadez New Member 0 Rep 21 Posts Drives: 2017 BMW M240ix Join Date: Mar 2017 Location: Toronto iTrader: (0)	Have an X7 being delivered next week, not in huge rush to get it - do not need to get rid of my AMG GLE 53. Here is detail.. I’m in Colorado. Good deal…bad deal, haven’t signed yet? MSRP - 90,880 Rebate - 750 Discount -2000 Adjusted price 88,130 Per a Plate 395.00 Total purchase - 88,525 Trade allowance (lease trade in so no tax benefit) - 70,000 Trade difference - 18525 Tax - 7865.13 Title $37.20 Net price 26427 Trade pay off - 65,575 Cash down - $5,000 Balance - $87,002.34 60 months at 1,743 Lease at 1,422 for 36 months (obviously with above upfront taxes removed)
	Appreciate 0 Quote

11-20-2022, 08:34 AM	#1853
possib1edoc Second Lieutenant 154 Rep 258 Posts Drives: BMW X7 Join Date: Nov 2014 Location: Florida iTrader: (0)	Is BMW still doing Spartanburg factory delivery?
	Appreciate 0 Quote

11-20-2022, 09:18 AM	#1854
Thadez New Member 0 Rep 21 Posts Drives: 2017 BMW M240ix Join Date: Mar 2017 Location: Toronto iTrader: (0)	Is 0.0025 good MF?
	Appreciate 0 Quote

11-20-2022, 12:25 PM	#1856
Thadez New Member 0 Rep 21 Posts Drives: 2017 BMW M240ix Join Date: Mar 2017 Location: Toronto iTrader: (0)	Thanks!
	Appreciate 0 Quote

11-24-2022, 08:04 PM	#1860
andyli888 Enlisted Member 18 Rep 31 Posts Drives: X7M60i/X7M50i(Sold)/GLS63/TRX Join Date: Oct 2022 Location: New Jersey iTrader: (0)	The best I've seen is a broker doing 4% off+loyalty. He uses a couple of dealers in the NY,NJ,PA area.
	Appreciate 0 Quote

12-09-2022, 04:10 PM	#1867
PL Enlisted Member 14 Rep 30 Posts Drives: 24 X7 40i, 20 E450, 06 Pilot Join Date: Dec 2022 Location: CA iTrader: (0)	3.99% finance rate BMW is offering 3.99 and 4.99% financing until 1/3/2023. Anyone with any leads on a good deal on the sale price to share?
	Appreciate 0 Quote