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X5 E70 (2007 - 2013)
E70 BMW X5 produced between 2007 and 2013. Discuss the E70 X5 with other BMW owners here.

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  #51  
Old 11-30-2010, 10:40 AM
speedy_7 speedy_7 is offline
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Production info

Quote:
Originally Posted by Rangerrotty View Post
Ok, last thing I'm going to do is argue. I plan to get my X5d in 2010, so its a moot point for me.
Ranger did they give you a vin or production number yet. Or production week? We ordered over a week ago and have nothing yet. Need delivery before year end for tax credit and I'm worried it's not going to happen. They just tell us nothing has been assigned yet. Have you made more progress? Thanks
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  #52  
Old 11-30-2010, 10:51 AM
Rangerrotty Rangerrotty is offline
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Quote:
Originally Posted by speedy_7 View Post
Ranger did they give you a vin or production number yet. Or production week? We ordered over a week ago and have nothing yet. Need delivery before year end for tax credit and I'm worried it's not going to happen. They just tell us nothing has been assigned yet. Have you made more progress? Thanks
We have a production number, but no build date. My dealer keeps telling me the build will start this week. We were given a production number the day we ordered it, but BMW USA.com and the 800 # are a waste of time.
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  #53  
Old 11-30-2010, 10:51 AM
ard ard is online now
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Quote:
Originally Posted by speedy_7 View Post
Ranger did they give you a vin or production number yet. Or production week? We ordered over a week ago and have nothing yet. Need delivery before year end for tax credit and I'm worried it's not going to happen. They just tell us nothing has been assigned yet. Have you made more progress? Thanks
You are not asking the right question.

You need to ask them if they (the dealership) has an open eary december production allocation that they are giving you!!!

The know exactly how many slots they have each month and how many orders they have awaiting production. This isn't a "we are waiting on BMW" thing... ask them this and THEN see what they say.
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  #54  
Old 11-30-2010, 11:27 AM
speedy_7 speedy_7 is offline
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Quote:
Originally Posted by ard View Post
You are not asking the right question.

You need to ask them if they (the dealership) has an open eary december production allocation that they are giving you!!!

The know exactly how many slots they have each month and how many orders they have awaiting production. This isn't a "we are waiting on BMW" thing... ask them this and THEN see what they say.
I will ask them again but when we placed the order they said they had a spot for us. We rushed to get the order in to ensure a spot. How can I verify they really did have the allocation. I thought a vin or something would give me more confidence but obviously want to hear a production date. Hoping not to be sweating this out all December.
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  #55  
Old 11-30-2010, 12:15 PM
Popdisplay Popdisplay is offline
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Quote:
Originally Posted by speedy_7 View Post
I will ask them again but when we placed the order they said they had a spot for us. We rushed to get the order in to ensure a spot. How can I verify they really did have the allocation. I thought a vin or something would give me more confidence but obviously want to hear a production date. Hoping not to be sweating this out all December.
Take the uncertainty out of the equation. Write up the order with a guaranteed del date. If it's late- walk away from the deal with your dep. Or, buy a diesel from dealer stock.

Last edited by Popdisplay; 11-30-2010 at 12:24 PM.
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  #56  
Old 11-30-2010, 12:28 PM
speedy_7 speedy_7 is offline
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Originally Posted by Popdisplay View Post
Take the uncertainty out of the equation. Write up the order with a guaranteed del date. If it's late- walk away from the deal with your dep. Or, buy a diesel from dealer stock.
Order's already signed. Wish I had thought of that. Still think it's a good deal without the tax credit but just trying to figure out if it's even going to be a possibility to take delivery in December. Thanks for the input.
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  #57  
Old 11-30-2010, 12:31 PM
Popdisplay Popdisplay is offline
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Originally Posted by speedy_7 View Post
Order's already signed. Wish I had thought of that. Still think it's a good deal without the tax credit but just trying to figure out if it's even going to be a possibility to take delivery in December. Thanks for the input.
What constitutes a delivery?

If your car is going to be a couple of days into Jan, why not complete the paperwork in Dec?

I hear that the cafeteria food in min security prison is quite tasty.
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  #58  
Old 11-30-2010, 12:39 PM
speedy_7 speedy_7 is offline
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Smile

Quote:
Originally Posted by Popdisplay View Post
What constitutes a delivery?

If your car is going to be a couple of days into Jan, why not complete the paperwork in Dec?

I hear that the cafeteria food in min security prison is quite tasty.
Might be worth a new year's eve getaway to south Carolina but wil probably try to avoid the tax evasion
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  #59  
Old 11-30-2010, 02:31 PM
laughscott laughscott is offline
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Any folks in the suburban Philadelphia area been able to get decent deals from our local dealerships?

Best I can find is $1,500 over invoice (less all the various credits). Willing to drive several 100 miles to a PA, NJ, NY, MD dealership for the right price, but am running against the delivery schedule, and need to get something out of inventory before 12/31/10.

I've also tried to get a decent deal through the American Express Auto Purchasing Program, and while they appear to be great deals on paper, cannot get the dealership that's part of that program to respond to the request!

If you've had a great experience, I'd also welcome the name of your Sales Associate.

Thanks.
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  #60  
Old 11-30-2010, 04:06 PM
klu123 klu123 is offline
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Some of you kept talking about the $1800 tax credit, sorry what is it?

I know currently there are $3500 ECo credit and $2500 Holiday credit (thru BMW finanace), is the $1800 tax credit another credit?
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  #61  
Old 11-30-2010, 04:43 PM
laughscott laughscott is offline
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Quote:
Originally Posted by klu123 View Post
Some of you kept talking about the $1800 tax credit, sorry what is it?

I know currently there are $3500 ECo credit and $2500 Holiday credit (thru BMW finanace), is the $1800 tax credit another credit?
There is a Federal Tax Credit through 12/31/10 for the purchase of diesel vehicles. For the BMW X5 3.5d, it still is $1,800 to be applied against your 2010 income.

http://www.fueleconomy.gov/feg/taxLeanburn.shtml

Hope that helps!
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  #62  
Old 11-30-2010, 06:57 PM
dchayer dchayer is offline
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Here is the deal I just signed today.

MSRP: 63,375
Offer: 59,000 - 730 over invoice
- 3,500 Eco
- 2,500 Holiday

53,000 cap cost

36 Month, 12k/yr

Money Factor 0.00220
Residual 56%

Payment 681.07/mo

Drive Away TTL + 1st month + BMW Finance Fee (725)

No security deposit

I think I got a pretty good deal based on the research I have done.
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  #63  
Old 11-30-2010, 07:10 PM
ard ard is online now
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Quote:
Originally Posted by laughscott View Post
it still is $1,800 to be applied against your 2010 income.
!
Actually it is a tax credit not a income deduction....


So you just take what tax you owe, and say "$1800 off my tax bill". (Well, turbotax or your accountant does it...)



A
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  #64  
Old 12-01-2010, 09:14 AM
porkchop1221 porkchop1221 is offline
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What is this "Drive Away TTL + 1st month + BMW Finance Fee (725)"

I don't think we have a finance fee. At least when I asked he didn't tell us we had any fees for financing...

Did anyone else pay that?
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  #65  
Old 12-01-2010, 09:37 AM
Rangerrotty Rangerrotty is offline
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Quote:
Originally Posted by speedy_7 View Post
Ranger did they give you a vin or production number yet. Or production week? We ordered over a week ago and have nothing yet. Need delivery before year end for tax credit and I'm worried it's not going to happen. They just tell us nothing has been assigned yet. Have you made more progress? Thanks
Just got a text from the dealer. My X5 went into production this morning!!!
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  #66  
Old 12-01-2010, 10:36 AM
ard ard is online now
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Quote:
Originally Posted by porkchop1221 View Post
What is this "Drive Away TTL + 1st month + BMW Finance Fee (725)"

I don't think we have a finance fee. At least when I asked he didn't tell us we had any fees for financing...

Did anyone else pay that?
His is a lease...lease has a financing fee
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  #67  
Old 12-01-2010, 11:40 AM
klu123 klu123 is offline
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Quote:
Originally Posted by laughscott View Post
There is a Federal Tax Credit through 12/31/10 for the purchase of diesel vehicles. For the BMW X5 3.5d, it still is $1,800 to be applied against your 2010 income.

http://www.fueleconomy.gov/feg/taxLeanburn.shtml

Hope that helps!
To get the $1800 tax credit, what kind of paperwork do I need to do when signing the X5 35d purchase deal?
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  #68  
Old 12-01-2010, 11:51 AM
laughscott laughscott is offline
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Quote:
Originally Posted by klu123 View Post
To get the $1800 tax credit, what kind of paperwork do I need to do when signing the X5 35d purchase deal?
Not sure what you need from the Dealership, but if you go to the link above, it will show you what form (Form 8910) needs to be filled out to submit with your taxes.
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01 - 540xiT - 6-speed manual (sold)
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  #69  
Old 12-02-2010, 09:25 AM
klu123 klu123 is offline
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Thanks!
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  #70  
Old 12-02-2010, 09:28 AM
klu123 klu123 is offline
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Quote:
Originally Posted by Kirit View Post
No the MACO was not part of the invoice I calculated. I just paid flat 300 more over the invoice.
That sounds unbelievable. Which BMW dealer in NJ, may I ask?
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  #71  
Old 12-02-2010, 02:56 PM
docboss docboss is offline
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Smile deal

X5-D. $3500 eco+$2500 holiday finance (36 mos. @.9%-but can pay off after 5 payments) + invoice + $500 + $170 documents/temp license fee. List $71,000. Paid $59,700. No other dealer in area came within $3000 of this figure. Friend of mine got a similar deal a week later. I just hope I get it before December 31, so I can also get the $1800 rebate. Doc
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  #72  
Old 12-02-2010, 03:44 PM
klu123 klu123 is offline
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Originally Posted by docboss View Post
I just hope I get it before December 31, so I can also get the $1800 rebate. Doc
Do you mean you have the "get the vehicle by 12/31" to get the $1800 tax credit? Even I sign the deal this Saturday, I don't know if I could get the vehicle by EOY.
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  #73  
Old 12-02-2010, 04:53 PM
Kirit Kirit is offline
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Originally Posted by klu123 View Post
That sounds unbelievable. Which BMW dealer in NJ, may I ask?
Open Road BMW in Edison.
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  #74  
Old 12-02-2010, 04:59 PM
Kirit Kirit is offline
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Quote:
Originally Posted by laughscott View Post
Any folks in the suburban Philadelphia area been able to get decent deals from our local dealerships?

Best I can find is $1,500 over invoice (less all the various credits). Willing to drive several 100 miles to a PA, NJ, NY, MD dealership for the right price, but am running against the delivery schedule, and need to get something out of inventory before 12/31/10.

I've also tried to get a decent deal through the American Express Auto Purchasing Program, and while they appear to be great deals on paper, cannot get the dealership that's part of that program to respond to the request!

If you've had a great experience, I'd also welcome the name of your Sales Associate.

Thanks.
I had good experience and also very good price (300 over the invoice) for my X5 35D at Open Road BMW in Edison NJ (which is not far from you). The CA was Chad King and his Manager is Stephen (I think). Check them out and see what they offer and then you can ask for a deal close to mine.

All the best.
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  #75  
Old 12-02-2010, 05:26 PM
BimmerVSR BimmerVSR is offline
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The letter and the spirit!

Quote:
Originally Posted by docboss View Post
I just hope I get it before December 31, so I can also get the $1800 rebate. Doc
The rebate is actually a Fed Tax Credit which you receive by filling out IRS Form 8910 when filing your 2010 taxes. The form does not require a VIN#, only the make/model and the "in use date."

I suppose if you loosely interpret in-use to mean order date (there is no definition on the form), then the credit will apply until such time that you are selected for an Audit.

Even then, it may simply be a matter of showing proof you bought a 35d (the December dated Sales contract as proof perhaps) and hope that the auditor doesn't look closely at the dates. In fairness, there is the letter of the law and the spirit of the law. My feeling is that if your taxes are otherwise clean, and your nice to the auditor, the spirit may prevail.

If you've got other issues, then all bets are off.

Keep in mind, I may be totally wrong here. I'm not a CPA or an IRS auditor.

Let's just hope that we all get our shipments in time!
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