BMW i5 and 5-Series Forum

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      07-07-2024, 05:43 PM   #23
azuki
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898/month, due at sign was 2430 for first month payment/dealer and gov fees/tax.

~93.6k (i5 m60/vegas red/carbon fiber trim/dapp/premium/m sport package pro/940m/sky lounge roof/front ventilated seats/rear heated seats)
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      07-07-2024, 06:12 PM   #24
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Originally Posted by azuki View Post
898/month, due at sign was 2430 for first month payment/dealer and gov fees/tax.

~93.6k (i5 m60/vegas red/carbon fiber trim/dapp/premium/m sport package pro/940m/sky lounge roof/front ventilated seats/rear heated seats)

Was this an in stock car or a build?
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      07-07-2024, 09:42 PM   #25
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Wow that is a killer deal!
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      07-08-2024, 05:24 AM   #26
azuki
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Originally Posted by mjr24 View Post
Was this an in stock car or a build?
In lot- no chance i could pull this off on a custom. I also knew it was in lot for 3-4 months so I went aggressive. It had 53 miles.
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      07-08-2024, 11:35 PM   #27
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I was able to get 10% of MSRP with a money factor of 0.0019 plus the $7500 rebate. Sounds like you did even better.
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      07-09-2024, 03:26 PM   #28
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Originally Posted by daddymalu View Post
I was able to get 10% of MSRP with a money factor of 0.0019 plus the $7500 rebate. Sounds like you did even better.
dealer still added a bunch of add-ons (dent/appearance/window tint $1700) and marked up MF .0023. seems strange to markdown a lot and then offset with add-ons..
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      07-09-2024, 04:05 PM   #29
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Has anyone here been able to get deals on i5 custom orders?

We are looking at doing a '25 custom order later this year, and curious how much discount I can pull (other than the EV lease credit).
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      07-09-2024, 05:15 PM   #30
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Originally Posted by MidnightMarauder View Post
Has anyone here been able to get deals on i5 custom orders?

We are looking at doing a '25 custom order later this year, and curious how much discount I can pull (other than the EV lease credit).
I think it depends on the dealer. I've custom ordered every BMW for the last 25 years and always got deals that were $x over invoice, even my E90 M3. But I've only used 2 dealers during this time so I have a long-term relationship with them and lots of purchase history. BMW changed the pricing structure to dealers a few years ago so there may not be as much room to negotiate as there was 10 years ago, but there's still room.
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      07-09-2024, 07:57 PM   #31
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Originally Posted by Scrapula View Post
I thought about it, but I am 67 and retiring in 3 years. Social security will be less than half of my current salary, plus I have free medical now and have to pay for Medicare. Will I even qualify for a $100k vehicle? My husband was laid off in November and still hasn’t found work and might not. That reduced our income by $200k. We can survive on my income, but there were just too many unknowns. If I bought it out after the lease, I would have a higher interest rate and another 5 years of payments with no job income. I can retire with a vehicle I own outright.
Why does everyone (who doesn't live in Texas) not lease these BEVs from BMW to get the $7500 cap cost reduction in the form of a rebate, and then immediately buy out their lease 15 days after taking delivery once the BMWFS account is created??

You guys are missing out when your intent is to own the car outright at the time of purchase. The only "extra work" is securing the financing if you can't afford to buy it outright cash to begin with, as the vehicle will likely qualify for "used car" interest rates and the interest rate to buy out the lease might be slightly higher ... but honestly it wont equate to $7500 higher interest over the course of the loan
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      07-09-2024, 08:01 PM   #32
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Quote:
Originally Posted by MidnightMarauder View Post
Has anyone here been able to get deals on i5 custom orders?

We are looking at doing a '25 custom order later this year, and curious how much discount I can pull (other than the EV lease credit).
The honest truth is that BMW can't sell the volume of these BEVs that they projected and are aggressively discounting all vehicles, on the lot or P1 orders alike.

For examples I have brokers in the NYC metro area doing 12.5% MSRP discount on G60 orders. Work at it and you can replicate yourself without a broker ... or pony up the $500 and have them do the work for you. Add the EV lease cash on top of the 12.5% discounts.

The "gold old days" of cheap BMW leases are back, atleast with the BEVs that is!
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      07-10-2024, 11:14 AM   #33
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The purchase special was 4% below market rate for a new car loan. Probably about 6% less than a used car loan. Now I have to qualify for a larger payment. My husband lost his job after I ordered but before I signed the paperwork. Our income went down by $195k a year. Seven months later, still no job. He is going to retire. I’m glad I purchased otherwise I would have no car.
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