06-09-2022, 08:29 PM | #1673 |
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Thanks. Emailed that post to the wife earlier today. Gave her some homework before the dealer visit.
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Current - Second 2023 XM (first one was taken back by BMW) and 2023 X7 40i
Past - 2009 X5 35d, 2011 MB E350, 2011 740i, 2015 X5 35d, 2018 M550i, 2019 X5 40i, 2021 M5C |
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06-27-2022, 04:46 PM | #1674 |
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For anyone that wants a a '22 X7, broker friend reached out and said he has some available at 5% off MSRP pre-incentive in the Texas area.
Let me know if you want contact info. Here is his post on leasehackr with build sheets: https://forum.leasehackr.com/t/insig...nd/199474/1098 Disclaimer: I benefit in no way, shape, or form. Just passing along info. Last edited by Phasers; 06-27-2022 at 04:49 PM.. Reason: disclaimer |
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06-27-2022, 06:58 PM | #1676 |
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I just got it on my build. But i put my order in last week of april and went into production first week of june. At the time of ordering i was told it wasn't available but all the changed after i put a deposit down. Youd just have to check with your dealer.
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06-27-2022, 07:23 PM | #1677 |
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06-30-2022, 01:51 PM | #1679 | |
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'14 F10 CP M5 AW/Full Sakhir Orange, Gloss Black 343Ms, Black IND Cosmetic Package, M Performance CF Diffuser and Spoiler. - SOLD
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07-07-2022, 07:55 PM | #1682 | |
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07-08-2022, 06:09 AM | #1683 |
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Where I live, dealers are charging a "market adjustment fee" of $2000 on top of MSRP. I called around and dealers in nearby states (less than 100-mile drive) were not, but selling at MSRP. I was about to travel, but our local dealership agreed to MSRP. I would think with the economic downturn, that in 6 months or so... cars will not be selling well, and possibly could be purchased with discounts - but who knows!
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07-08-2022, 08:30 AM | #1684 | |
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07-09-2022, 09:09 PM | #1686 |
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So HP is the measuring stick for price? Can't tell if that was aimed at me for buying a $100k X740, BMW pricing, or the market in general. Guess my M5C should have cost north of $150k using that metric.
The X7 is for the wife. She didn't want the big motor, but we both wanted just about all the creature comforts the car could have. FWIW the new RR (which we cross shopped) "starts" at $105k with 395HP.
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Current - Second 2023 XM (first one was taken back by BMW) and 2023 X7 40i
Past - 2009 X5 35d, 2011 MB E350, 2011 740i, 2015 X5 35d, 2018 M550i, 2019 X5 40i, 2021 M5C |
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07-10-2022, 06:02 PM | #1687 |
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What’s the current consensus- are most people if not paying cash planning leasing or financing for 23 X7? I’ve placed an order but have not decided what to do yet.
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07-10-2022, 06:58 PM | #1688 |
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I'm going to see what the interest rate will be for financing. If >~3.5%, then I'll probably end up paying cash. My wife ends up putting a bunch of miles on the car so lease isn't an option.
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07-11-2022, 03:22 PM | #1690 |
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07-11-2022, 04:28 PM | #1691 | |
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With a lease you are paying for buy price minus residual so back in the day (2 years ago lol) that 10% off msrp is a much larger % reduction on a lease than on financing the whole amount. Plus bmw did a bit of residual inflation to sweeten the lease |
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07-12-2022, 10:06 AM | #1692 |
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Hey guys, I could use your help. I'm trying to get from a 2019 x7 40i lease into a 2023 X7 40i lease and the MSRP's for both vehicles are only $2,500 apart but my monthly lease payment as quoted would jump from $899 to $1,200 per month which seems outrageous.
They value my current X7 at $51,500 and they will give me a $9,200 credit as equity for turning it in to them. Can someone with expertise look at these numbers and tell me if this is just the way life is in 2022 or if I'm being taken advantage of? Thanks. 2019 Actual: $77,595 (Car + $995 destination charges) Gave $6,000 cash at delivery Got discounts from the dealer in 2019, don't have the detail. 0.0167 money factor 59% residual $899 per month 36 months, 10K miles per year 2023 Quote: $80,095 (Car + $995 destination charges) Will receive $9,200 equity from the 2019 X7 0.0200 money factor 52% residual $1,250 per month 36 months, 10K miles per year It doesn't make sense to me how a) a car that is only $2,500 more than the 2019 and b) has $9,200 in equity from the 2019 could be c) $350 more per month. I'm not sure if I got some fantastic deal back in 2019, if the supply chain world we live in today has made the prices jump tremendously, or if I'm being given an awful quote and being taken advantage of. Any help appreciated. |
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07-12-2022, 11:15 AM | #1693 | |
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07-12-2022, 11:30 AM | #1694 | |
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thats 200/month right there. interest is up by almost 1% ( 0.00167 vs 0.00200) thats roughly an extra 50 per month. discounts back in 2019 were about 10% roughly the "equity" from your old lease. there are pretty much no discounts now, some dealers are discounting the 2022s on the ground at 5% i get a payment of roughly 1337 before tax assuming no discount for the 2022. im guessing that about 3600 of the equity is going in as c cap cost reduction, the rest going to tax and driveoffs? are there any add ons? markups? if you have the details of your 2019 deal, plug them into a lease calculator then change the RV and MF to match the current. if you run the current numbers through a lease calculator, it should be pretty clear where the increase is coming from
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Present: 2023 G07 40i ZDH/ZDU/ZMP/ZMQ/2NH/ZPK/ZPP/ZRC/300/3AC
Past: 2013 335i 6MT ZMM/ZDH/ZTP/3AG/494/508 Past: 2016 F34 335i xDrive ZCW/ZDA/ZDH/ZTP/ZMP/2V5/5DL Past: 2019 G01 M40i ZDA/2VF/ZPP/ZPX/688/3AC Last edited by Orient330iNYC; 07-12-2022 at 11:39 AM.. |
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