BMW X7 Quotes, Pricing and Lease Rates Thread

sbkim · 08-26-2020, 04:54 PM

Per Edmunds:

.00099 MF and 54% residual

New programs start on Tuesday, September 1st.

No, this information is not published

Auricom · 08-26-2020, 05:53 PM

Quote:

Originally Posted by sbkim

Per Edmunds:

.00099 MF and 54% residual

New programs start on Tuesday, September 1st.

No, this information is not published

MF definitely isn't published and residuals are updated monthly in this thread. I always use Edmunds every 3 years just to validate MF and incentives. My dealer knows when I'm ready for my next lease, I've done my homework - MF, residual, incentives, expected discount.

What I do to keep my finance guy happy, when they grumble about base MF, is purchase BMW Ultimate Care+ ($700 for 3 years cause I go through brakes, LOL)

sbkim · 08-27-2020, 08:18 AM

Quote:

Originally Posted by Auricom

MF definitely isn't published and residuals are updated monthly in this thread. I always use Edmunds every 3 years just to validate MF and incentives. My dealer knows when I'm ready for my next lease, I've done my homework - MF, residual, incentives, expected discount.

What I do to keep my finance guy happy, when they grumble about base MF, is purchase BMW Ultimate Care+ ($700 for 3 years cause I go through brakes, LOL)

Yea, good point. I see that BMWFS is currently advertising $1329 lease special but when you read the fine print, I am calculating around 4.4% (0.0183) which is much higher than the base MF. Someone please correct me if I am wrong.

https://www.bmwusa.com/special-offer...l-offers-legal

That being said, I guess it's all in negotiation with the dealer and happy to give them something like buying something like Ultimate care etc.

Auricom · 08-27-2020, 08:56 AM

Quote:

Originally Posted by sbkim

Yea, good point. I see that BMWFS is currently advertising $1329 lease special but when you read the fine print, I am calculating around 4.4% (0.0183) which is much higher than the base MF. Someone please correct me if I am wrong.

https://www.bmwusa.com/special-offer...l-offers-legal

That being said, I guess it's all in negotiation with the dealer and happy to give them something like buying something like Ultimate care etc.

Using a couple of different lease calculator estimates, I'm getting monthly payments close to advertised BMWFS lease promotion using 0.00099 MF.

Also advertised payment does not include applicable taxes. Tax, title, license, registration and dealer fees are additional fees due at signing.

Lease Guide

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Leasematic app calc is usually high by $10-27

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Leasehackr - Dealer Contribution is deducted from MSRP, shown as 0.9%

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sbkim · 08-27-2020, 09:24 AM

wow - you def know your stuff! I stand corrected - I will use this to let the dealer know to get me 0.00099. Thanks Auricon.

Auricom · 08-27-2020, 09:41 AM

Quote:

Originally Posted by sbkim

wow - you def know your stuff! I stand corrected - I will use this to let the dealer know to get me 0.00099. Thanks Auricon.

NP at all, updated the LeaseGuide calc and matches the advertised BMWFS lease.

sbkim · 08-28-2020, 07:55 AM

Just took delivery today. All went smoothly except I would strongly urge people to negotiate base MF if you are leasing. I was too busy trying to get to the lowest purchase price that I forgot about the MF.

In addition, don't forget MSD. I did 7 and got close to the base MF of 0.00099...

nkole · 08-28-2020, 08:48 PM

Ordered my X7 40i two weeks ago from a local Bay Area dealer. Went into production five days later. Should be complete on Tuesday.

Got 10% off plus incentives without much hassle. $93K msrp.

cheapie408 · 08-31-2020, 10:36 AM

Quote:

Originally Posted by nkole

Ordered my X7 40i two weeks ago from a local Bay Area dealer. Went into production five days later. Should be complete on Tuesday.

Got 10% off plus incentives without much hassle. $93K msrp.

Curious which dealer was this? 10% is really good for an order vehicle I think.

nkole · 08-31-2020, 11:52 AM

Quote:

Originally Posted by cheapie408

Quote:

Originally Posted by nkole

Ordered my X7 40i two weeks ago from a local Bay Area dealer. Went into production five days later. Should be complete on Tuesday.

Got 10% off plus incentives without much hassle. $93K msrp.

Curious which dealer was this? 10% is really good for an order vehicle I think.

Quote:

Originally Posted by cheapie408

Quote:

Originally Posted by nkole

Ordered my X7 40i two weeks ago from a local Bay Area dealer. Went into production five days later. Should be complete on Tuesday.

Got 10% off plus incentives without much hassle. $93K msrp.

Curious which dealer was this? 10% is really good for an order vehicle I think.

BMW of Mountain View

Jive · 09-01-2020, 12:53 AM

Quote:

Originally Posted by nkole

BMW of Mountain View

Mind PM'ing me the name of the CA? Thanks!

Wild Blue · 09-01-2020, 01:12 AM

Quote:

Originally Posted by Jive

Mind PM'ing me the name of the CA? Thanks!

I might as well take it as well, please!

nkole · 09-01-2020, 12:46 PM

Quote:

Originally Posted by Wild Blue

Quote:

Originally Posted by Jive

Mind PM'ing me the name of the CA? Thanks!

I might as well take it as well, please!

Anyone know the Sept incentives?

Wild Blue · 09-01-2020, 01:12 PM

Quote:

Originally Posted by nkole

Anyone know the Sept incentives?

Good question. If what I'm seeing on the BMW website now is updated for September, it looks good for 2020 models, but not for 2021. I see almost nothing there for a 2021 40i or M50i.

sbkim · 09-01-2020, 03:19 PM

Looks like 1% improvement in 2021 Residual Value?

E92Mthusiast · 09-02-2020, 08:45 AM

I have several units to build including 40i and m50i, if anyone is seriously considering putting in an order this month, please PM me.

Yellowlab · 09-02-2020, 09:13 AM

Quote:

Originally Posted by E92Mthusiast

I have several units to build including 40i and m50i, if anyone is seriously considering putting in an order this month, please PM me.

What is the lead time for a custom build on M5.0i?

Jason · 09-02-2020, 11:06 AM

Updated with September program -- no changes.

E92Mthusiast · 09-02-2020, 01:39 PM

Quote:

Originally Posted by Yellowlab

What is the lead time for a custom build on M5.0i?

I have allocations right now that are about to go into production, either for the lot or for a custom build. Roughly, 4 weeks is the time frame. I'm on the east coast, so depending on where you live it could also take slightly longer if I am then shipping a car somewhere else.

Wild Blue · 09-02-2020, 01:49 PM

Quote:

Originally Posted by Jason

Updated with September program -- no changes.

It looks like the incentives listed are just for leftover MY2020 models though, yes? No credits right now for MY2021?

nkole · 09-02-2020, 02:45 PM

Quote:

Originally Posted by Wild Blue

Quote:

Originally Posted by Jason

Updated with September program -- no changes.

It looks like the incentives listed are just for leftover MY2020 models though, yes? No credits right now for MY2021?

I read elsewhere that the residual increased by 1% and the MF stayed the same.

jl92660 · 09-03-2020, 01:27 PM

I placed an order on an M50i yesterday, 9/2. I had the production number from the dealer and was able to track it right away on the BMW website. This morning, it moved on the website from 'Scheduled for Production' to 'Production Begins' and the VIN was populated. I called BMW and spoke with a rep to confirm the progress already (I was surprised at any progress in one day) and was told that it had in fact started production (he gave me the specific time) and that the estimated completion date is 9/17/20.

I know it will be a few weeks after that for shipping, but so far the build timing seems quick.

08-26-2020, 04:54 PM	#1035
sbkim Lieutenant 59 Rep 529 Posts Drives: 2021 X7 M50i Join Date: May 2006 Location: Chicago Burbs iTrader: (0)	Per Edmunds: .00099 MF and 54% residual New programs start on Tuesday, September 1st. No, this information is not published
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08-27-2020, 09:24 AM	#1039
sbkim Lieutenant 59 Rep 529 Posts Drives: 2021 X7 M50i Join Date: May 2006 Location: Chicago Burbs iTrader: (0)	wow - you def know your stuff! I stand corrected - I will use this to let the dealer know to get me 0.00099. Thanks Auricon. Last edited by sbkim; 08-27-2020 at 09:30 AM..
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08-28-2020, 07:55 AM	#1041
sbkim Lieutenant 59 Rep 529 Posts Drives: 2021 X7 M50i Join Date: May 2006 Location: Chicago Burbs iTrader: (0)	Just took delivery today. All went smoothly except I would strongly urge people to negotiate base MF if you are leasing. I was too busy trying to get to the lowest purchase price that I forgot about the MF. In addition, don't forget MSD. I did 7 and got close to the base MF of 0.00099... Last edited by sbkim; 08-29-2020 at 06:31 AM..
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08-28-2020, 08:48 PM	#1042
nkole Private 28 Rep 51 Posts Drives: BMW X7 Join Date: Aug 2020 Location: Bay Area iTrader: (0)	Bay Area discount Ordered my X7 40i two weeks ago from a local Bay Area dealer. Went into production five days later. Should be complete on Tuesday. Got 10% off plus incentives without much hassle. $93K msrp.
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09-01-2020, 03:19 PM	#1049
sbkim Lieutenant 59 Rep 529 Posts Drives: 2021 X7 M50i Join Date: May 2006 Location: Chicago Burbs iTrader: (0)	Looks like 1% improvement in 2021 Residual Value?
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09-02-2020, 08:45 AM	#1050
E92Mthusiast Second Lieutenant 180 Rep 287 Posts Drives: E90 M3, ferrari F360 Join Date: Jan 2020 Location: m3rica iTrader: (3)	I have several units to build including 40i and m50i, if anyone is seriously considering putting in an order this month, please PM me. __________________ '08 E90 M3- AW 6spd/Slicktop, '23 M340-SSG on black w/ blue stitching, '22 Nissan frontier Pro4x (daily), '83 Porsche 944 Guards/Black 5 spd, '02 Porsche 911tt Track car, Lotus Emira 1st edition, V6, 6 spd ON ORDER
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09-02-2020, 11:06 AM	#1052
Jason Administrator 40918 Rep 21,240 Posts Drives: F80 M3 Join Date: Mar 2005 Location: USA iTrader: (0)	Updated with September 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
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09-03-2020, 01:27 PM	#1056
jl92660 New Member 5 Rep 7 Posts Drives: X7M60i Porsche 997 Join Date: Aug 2020 Location: Newport Beach, CA iTrader: (0)	I placed an order on an M50i yesterday, 9/2. I had the production number from the dealer and was able to track it right away on the BMW website. This morning, it moved on the website from 'Scheduled for Production' to 'Production Begins' and the VIN was populated. I called BMW and spoke with a rep to confirm the progress already (I was surprised at any progress in one day) and was told that it had in fact started production (he gave me the specific time) and that the estimated completion date is 9/17/20. I know it will be a few weeks after that for shipping, but so far the build timing seems quick.
	Appreciate 2 Wild Blue3683.50 TexasBMW1.50 Quote