BMW i5 and 5-Series Forum

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      10-12-2023, 11:29 PM   #1
leofuxing
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Pricing

Hello.

I am starting to reach out to dealers in placing an order for an i5 e40.

just wanted to check with you guys what kind of quotes are you getting?

thank you
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      10-13-2023, 05:55 AM   #2
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Originally Posted by leofuxing View Post
Hello.

I am starting to reach out to dealers in placing an order for an i5 e40.

just wanted to check with you guys what kind of quotes are you getting?

thank you

Before Trade In and Discounts. Only the EV Credit is applied.
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      10-13-2023, 12:17 PM   #3
Scrapula
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No discounts yet. Not even a great interest rate. They are offering iX with 2.99 but we get 6.49
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      10-13-2023, 01:30 PM   #4
ldhn
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Yikes, Nitrogen for $199. I'd think you want to do that yourself at Costco.
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      10-13-2023, 01:51 PM   #5
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There is a lease offer on BMWUSA. That is the best deal you can get.
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      10-13-2023, 02:05 PM   #6
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Originally Posted by longdhnguyen View Post
Yikes, Nitrogen for $199. I'd think you want to do that yourself at Costco.

I'd also nix the window tint charge and get it done by a proper professional with a higher grade material!
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      10-13-2023, 02:17 PM   #7
ando
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Originally Posted by Scrapula View Post
No discounts yet. Not even a great interest rate. They are offering iX with 2.99 but we get 6.49
I believe if you did a pre order by a certain date BMW Financial is offering a loan rate of 4.99 percent for 5 years!
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      10-14-2023, 03:53 PM   #8
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Originally Posted by ando View Post
I believe if you did a pre order by a certain date BMW Financial is offering a loan rate of 4.99 percent for 5 years!
I ordered late because I still was undecided vs Lucid Air Touring. I have an 869 credit score, but can’t find anything under 6%
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      10-22-2023, 12:19 PM   #9
pgershon
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I picked up my car yesterday. I took delivery on a single payment lease. Dealer gave $9000 rebate ($7500 for EV tax rebate, $1000 loyalty discount from BMW, and $500 NY State EV rebate), $1500 dealer incentive off MSRP, and money factor of .00125 (3% APR). The MF was actually .00015 lower than I had been quoted - said a new program became effective yesterday. Residual was 53% of MSRP or $50,029.35 on a 36 month, 10,000 mile lease.

Hope this information is helpful. Please no need to chime in on the pros/cons of single payment lease - dealer convinced me I had proper gap insurance and I was happy to pay upfront and reduce my MF/financing cost. Simply paying off lease one month after acquisition was not a great option because I am subject to NY State sales tax and would essentially be double paying it for a good portion of the car.
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      10-22-2023, 12:23 PM   #10
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Quote:
Originally Posted by pgershon View Post
I picked up my car yesterday. I took delivery on a single payment lease. Dealer gave $9000 rebate ($7500 for EV tax rebate, $1000 loyalty discount from BMW, and $500 NY State EV rebate), $1500 dealer incentive off MSRP, and money factor of .00125 (3% APR). The MF was actually .00015 lower than I had been quoted - said a new program became effective yesterday. Residual was 53% of MSRP or $50,029.35 on a 36 month, 10,000 mile lease.

Hope this information is helpful. Please no need to chime in on the pros/cons of single payment lease - dealer convinced me I had proper gap insurance and I was happy to pay upfront and reduce my MF/financing cost. Simply paying off lease one month after acquisition was not a great option because I am subject to NY State sales tax and would essentially be double paying it for a good portion of the car.
You got a great deal. My dealer did not offer dealer incentive despite it is on the BMWUSA lease offer.
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      10-22-2023, 03:11 PM   #11
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Originally Posted by Travis View Post
You got a great deal. My dealer did not offer dealer incentive despite it is on the BMWUSA lease offer.
Did you get the 7500 plus any loyalty discount? What was your MF if you don’t mind me asking.
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      10-22-2023, 03:49 PM   #12
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Originally Posted by OciWan View Post
Did you get the 7500 plus any loyalty discount? What was your MF if you don’t mind me asking.
I got 7500+1000+500, same as you.
I think my APR is about 5%. I guess you are a very loyal member so they offer you a good one.
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      10-22-2023, 04:05 PM   #13
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Quote:
Originally Posted by OciWan View Post
Did you get the 7500 plus any loyalty discount? What was your MF if you don’t mind me asking.
MF .000015 (3% APR)
Loyalty rebate i think was $1000, but possible it was $1500 and BMW left out the $500 NY State EV rebate)

I am going to ask dealer about rebate next week. My receipt just showed a combined $9000 rebate. If the State credit were included, I would have thought there would have been forma to sign
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      10-22-2023, 04:15 PM   #14
pgershon
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Quote:
Originally Posted by OciWan View Post
Did you get the 7500 plus any loyalty discount? What was your MF if you don’t mind me asking.
MF .000015 (3% APR)
Loyalty rebate i think was $1000, but possible it was $1500 and BMW left out the $500 NY State EV rebate)

I am going to ask dealer about rebate next week. My receipt just showed a combined $9000 rebate. If the State credit were included, I would have thought there would have been forma to sign
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      10-22-2023, 04:41 PM   #15
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Originally Posted by Travis View Post
I got 7500+1000+500, same as you.
I think my APR is about 5%. I guess you are a very loyal member so they offer you a good one.
Not me yet. I’m still waiting on my car 🤣
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      10-22-2023, 05:08 PM   #16
pgershon
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Quote:
Originally Posted by Travis View Post
I got 7500+1000+500, same as you.
I think my APR is about 5%. I guess you are a very loyal member so they offer you a good one.
Part if the reason for my low MF was single payment lease
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