[hksr]

Curious how much you guys paid for the X7 40i?

I'm looking for a 48 month $0 down lease with Premium Excellence and M-Sport packages and wondering if the payments come in or under $2k/month (taxes in)?

[TheBingoBalls]

Originally Posted by hksr

Curious how much you guys paid for the X7 40i?

I'm looking for a 48 month $0 down lease with Premium Excellence and M-Sport packages and wondering if the payments come in or under $2k/month (taxes in)?

Programs vary by region but are you sure the Western Region has a 48-month lease for MY20 X7's? Ontario/Central Region has 42 months max (45 month maximum for MY19 X7's).

Regardless, using the maximum term for the GTA (42 months) at 5.99% and 47% residual, X7 with just Excellence and M Sport packages (MSRP $111,400.00) (plus admin/doc/license/tire/A/C fees charged here) with $0 downpayment, monthly payment would work out to be just over $2,600.00 taxes in at 13% tax rate. Even with B.C.'s 10% tax rate, I do not see your monthly payment being less than $2000.00.

[hksr]

Just heard back from one of the dealerships... in stock MY19 40i ... 45mth lease @ 5.99% and 47% residual.. $2040/mth (20k kms/year lease). No discounts applied, no loyalty rate yet, and I usually do 12k kms/year, so looks like it's doable for an in stock MY19.

MY20 custom order will likely be a bit more I guess...?

Edit: Loyalty rate reduction @ 12k km brings the payment down to $1991 ... not bad!

[hksr]

Heard back from dealership #2:

MY20 ! 42 month lease @ 5.99% with 51% residual and 12k kms = $2060/month with loyalty rate reduction.

No discounts on MSRP applied yet!

These lease offers are actually quite reasonable given how new this car is. I'm impressed by BMW Canada!


Edit: Dealership #3 came back with $2035/month on the same 42mth 5.99% 51% residual lease.

[krown]

I'm looking at possibly moving into a 2020 X7 M50i and in the Vancouver area. I haven't officially inquired with any local dealerships yet, but at no discounts at this time and a 5.99% interest rate I may have to rethink this.

I got leased my B6 through Calgary BMW so may check in with them and see what they can do

[krown]

Contacted Calgary BMW and they have 6 arriving by end of September. However, they they are quoting me MSRP + $5000 "to cover relevant dealer charges"

lol

[sliu070]

Do you need the extra space and seats? If not, why not get a loaded X5? IMO, the extras really makes this car. I would not have gone for a stock X7.

[crackerjack15]

Wow, you guys get hosed in canada. Dealers in US are 8-9% off msrp and maybe more.

[SW19]

Originally Posted by crackerjack15

Wow, you guys get hosed in canada. Dealers in US are 8-9% off msrp and maybe more.

The problem in Canada is that BMW only gives Canadian dealers a limited amount of allocations compared to the US.More supply in the US means you are able to get a much better deal than in Canada.

[hksr]

Originally Posted by crackerjack15

Wow, you guys get hosed in canada. Dealers in US are 8-9% off msrp and maybe more.

Yeah, that's why we use the term 'hosers' freely up here

Seeing how much you guys get off MSRP down there makes me seriously jealous.

[krown]

Originally Posted by sliu070

Do you need the extra space and seats? If not, why not get a loaded X5? IMO, the extras really makes this car. I would not have gone for a stock X7.

I do need the space. Two kids playing hockey (one is a goalie), plus I play/coach as well.