X5M discount 2010

uhn2000 · 09-24-2010, 10:23 PM

My sales guy is throwing me a discount of $10k on a X5M loaded. I really wanted the 2011 refreshes items but the financing rate is 4.95 versus 6.95 (special now) and I am not sure of the discount he can give me on the 2011. I want him to atleast do $12k and will see what the numbers come to tomorrow.

I love the savings on the 2010 and it all adds up. Just curious but will there be a huge depreciation hit for a 2010 versus a 2011 - may end up keeping the truck for a long time (until the next one).

P.S. Love the new Corona Ring lights - I know I can do the rear how about the front lights, can I add the LCI refresh for those?

roadkillrob · 09-25-2010, 06:46 AM

The depreciation hit is higher early on and will be less if you do keep it a long time, but a 2010 is 7 months old right now, so you are taking a one year hit on it pretty much already (hence the big discount). Overall, if you keep it for a very long time, the 2010 will save you some money over time, for a short period of time, it would be closer and if you sold it after 2 years, may cost you more than the 11. You can easily retrofit the rears, fronts are going to be very expensive to retrofit as they are $1000 each just to buy them at a discount + coding, so unlikely to be worth doing - you would be better off going with one of the aftermarket LED setups like OSS does to replace the rings with LED for $500 or so. There are a few other minor changes in the 11, especially happening in October to add some functions for ipods etc, but nothing major and the difference on the M between 10 and 11 is minor compared to the regular model.

In the US, markup on the X5M is 7k alone, so if you talked a sweet deal on an 11, you should be able to get 6k off (1000 over invoice), so it's really a 4k difference from the 10 to the 11 - might be worth it for the right deal on the 11, or I would probably be going after more off the 11, maybe 5k under invoice (sounds like your about 3k under unless there is more markup in Canada)

uhn2000 · 09-25-2010, 02:10 PM

Thanks for the input chief - really appreciate it!

roadkillrob · 09-25-2010, 02:23 PM

Either way - you will be driving an X5M - nice!

uhn2000 · 09-25-2010, 04:35 PM

Did the deal today on a condition my wife likes it. Got about 14k off with a 4.9% special rate that ends this month. Think I did really well even though it is 3 months ahead of schedule

Damn that Carbon Black kicks booty..wow! My friend said they made about $1000 on it - in Canada that is unheard of for an M product unless the dealership is in a jam to get rid of the vehicle.

roadkillrob · 09-25-2010, 04:56 PM

Very nice - welcome to the X5 club!

imposss · 09-25-2010, 06:22 PM

which dealership is that bmw toronto?

dajimba · 09-26-2010, 12:52 AM

There is a dealership in St. Catherines... they were giving 15 off theirs, great deal, black too... but I wanted the blue. I dont know if its still available

uhn2000 · 09-26-2010, 06:25 AM

Yes BMW Toronto. There is one left, black on black. You can pm me if you want more information on the deal. My is carbon black on black.

09-24-2010, 10:23 PM	#1
uhn2000 Big K... 173 Rep 1,717 Posts Drives: M3CS BX7 Join Date: Jan 2008 Location: Toronto, Ontario iTrader: (0)	X5M discount 2010 - $10k (can I do better?) My sales guy is throwing me a discount of $10k on a X5M loaded. I really wanted the 2011 refreshes items but the financing rate is 4.95 versus 6.95 (special now) and I am not sure of the discount he can give me on the 2011. I want him to atleast do $12k and will see what the numbers come to tomorrow. I love the savings on the 2010 and it all adds up. Just curious but will there be a huge depreciation hit for a 2010 versus a 2011 - may end up keeping the truck for a long time (until the next one). P.S. Love the new Corona Ring lights - I know I can do the rear how about the front lights, can I add the LCI refresh for those? __________________ Many fun toys... M3CS XB7 FTW!
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09-25-2010, 06:46 AM	#2
roadkillrob Major General 866 Rep 5,450 Posts Drives: 08 335i,22 X3M, 2012 C63 Black Join Date: Jul 2007 Location: Boston iTrader: (15)	The depreciation hit is higher early on and will be less if you do keep it a long time, but a 2010 is 7 months old right now, so you are taking a one year hit on it pretty much already (hence the big discount). Overall, if you keep it for a very long time, the 2010 will save you some money over time, for a short period of time, it would be closer and if you sold it after 2 years, may cost you more than the 11. You can easily retrofit the rears, fronts are going to be very expensive to retrofit as they are $1000 each just to buy them at a discount + coding, so unlikely to be worth doing - you would be better off going with one of the aftermarket LED setups like OSS does to replace the rings with LED for $500 or so. There are a few other minor changes in the 11, especially happening in October to add some functions for ipods etc, but nothing major and the difference on the M between 10 and 11 is minor compared to the regular model. In the US, markup on the X5M is 7k alone, so if you talked a sweet deal on an 11, you should be able to get 6k off (1000 over invoice), so it's really a 4k difference from the 10 to the 11 - might be worth it for the right deal on the 11, or I would probably be going after more off the 11, maybe 5k under invoice (sounds like your about 3k under unless there is more markup in Canada) __________________ 2022 X3M Brooklyn Grey 2008 E93 335i FBO 2012 Mercedes C63 Black Series Alanite Grey
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09-25-2010, 02:10 PM	#3
uhn2000 Big K... 173 Rep 1,717 Posts Drives: M3CS BX7 Join Date: Jan 2008 Location: Toronto, Ontario iTrader: (0)	Thanks for the input chief - really appreciate it! __________________ Many fun toys... M3CS XB7 FTW!
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09-25-2010, 02:23 PM	#4
roadkillrob Major General 866 Rep 5,450 Posts Drives: 08 335i,22 X3M, 2012 C63 Black Join Date: Jul 2007 Location: Boston iTrader: (15)	Either way - you will be driving an X5M - nice! __________________ 2022 X3M Brooklyn Grey 2008 E93 335i FBO 2012 Mercedes C63 Black Series Alanite Grey
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09-25-2010, 04:35 PM	#5
uhn2000 Big K... 173 Rep 1,717 Posts Drives: M3CS BX7 Join Date: Jan 2008 Location: Toronto, Ontario iTrader: (0)	Did the deal today on a condition my wife likes it. Got about 14k off with a 4.9% special rate that ends this month. Think I did really well even though it is 3 months ahead of schedule Damn that Carbon Black kicks booty..wow! My friend said they made about $1000 on it - in Canada that is unheard of for an M product unless the dealership is in a jam to get rid of the vehicle. __________________ Many fun toys... M3CS XB7 FTW!
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09-25-2010, 04:56 PM	#6
roadkillrob Major General 866 Rep 5,450 Posts Drives: 08 335i,22 X3M, 2012 C63 Black Join Date: Jul 2007 Location: Boston iTrader: (15)	Very nice - welcome to the X5 club! __________________ 2022 X3M Brooklyn Grey 2008 E93 335i FBO 2012 Mercedes C63 Black Series Alanite Grey
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09-25-2010, 06:22 PM	#7
imposss Lieutenant 61 Rep 446 Posts Drives: M4 Comprtetion Join Date: Aug 2008 Location: Montreal iTrader: (0)	which dealership is that bmw toronto?
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09-26-2010, 12:52 AM	#8
dajimba Private 14 Rep 60 Posts Drives: 2006 m6 Join Date: Jan 2010 Location: niagara falls iTrader: (0)	There is a dealership in St. Catherines... they were giving 15 off theirs, great deal, black too... but I wanted the blue. I dont know if its still available
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09-26-2010, 06:25 AM	#9
uhn2000 Big K... 173 Rep 1,717 Posts Drives: M3CS BX7 Join Date: Jan 2008 Location: Toronto, Ontario iTrader: (0)	Yes BMW Toronto. There is one left, black on black. You can pm me if you want more information on the deal. My is carbon black on black. __________________ Many fun toys... M3CS XB7 FTW!
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