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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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  #76  
Old 12-03-2010, 08:10 AM
klu123 klu123 is offline
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Kirit - I received an email from Chad King, and I'll work with him. Thank you so much.

Laughscott/BimmerVSR - thank you very much for all of the useful info.
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  #77  
Old 12-03-2010, 08:12 AM
klu123 klu123 is offline
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And thanks to DocBoss.
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  #78  
Old 12-03-2010, 03:11 PM
speedy_7 speedy_7 is offline
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production info x5 35d

Quote:
Originally Posted by Rangerrotty View Post
Just got a text from the dealer. My X5 went into production this morning!!!
so jealous...absolutely no info from our dealer...he claims there is an allocation and we will be the next to be assigned but we're at 2 weeks since ordering and no productions number/vin or build week. starting to lose hope for a December delivery. So frustrating and don't even know how to get real info at this point.
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  #79  
Old 12-04-2010, 09:40 AM
porkchop1221 porkchop1221 is offline
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Speedy sorry to hear about that. Ordered 11/22/10. Our dealer (prestige in Ramsey, NJ) gave us a production number within the week, then the following week the car went into production (Wed of this week) . We hope to get the car within 1-2 weeks.

If he has NOT given you a production number to track on bmwusa push to talk to someone that will. Its getting very close to the end of the year and other members here have suggested that sometimes they won't give you a better spot if you didn't pay more than someone else. Kinda strange but I can see that happening.

Other people here have gotten their cars within 2 weeks I think!

Good luck.
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  #80  
Old 12-04-2010, 11:47 AM
docboss docboss is offline
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Exclamation tax credit

Here is what I learned from my accountant regarding the tax credit. Once the x5 is built it has a VIN. Even if it is at the plant or transported, you can have the dealer place it in their inventory. You sign the paperwork to pay for the x5, which then places the vehicle "in service" even though you have not taken possession. Be sure to have the title dated appropriately to match your finance paperwork and declare the vehicle on any state property tax declarations. Just ordering the vehicle, even if you pay for it, will not satisfy the IRS.
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  #81  
Old 12-04-2010, 01:36 PM
speedy_7 speedy_7 is offline
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Quote:
Originally Posted by docboss View Post
Here is what I learned from my accountant regarding the tax credit. Once the x5 is built it has a VIN. Even if it is at the plant or transported, you can have the dealer place it in their inventory. You sign the paperwork to pay for the x5, which then places the vehicle "in service" even though you have not taken possession. Be sure to have the title dated appropriately to match your finance paperwork and declare the vehicle on any state property tax declarations. Just ordering the vehicle, even if you pay for it, will not satisfy the IRS.
Doc, wouldn't you be weary of signing/ paying for something that you haven't seen in person and confirmed to be what you have ordered. I mean I want the tax credit a much as the next person but I'm nervous of committing to financing something that essentially still doesn't exist. Doesn't that take away all leverage of an issue arises.

Ranger we have a production number no confirmed date but atleast some progress and a mention of mid-December build. So keeping fingers crossed for a speedy build and no snow until January
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  #82  
Old 12-04-2010, 03:40 PM
docboss docboss is offline
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Cool tax credit

Speedy, You are absolutely correct. In the scheme of things $1800 is not so great, especially when we pay personal property tax. The difference between claiming the vehicle in 2010 vs. 2011 offsets some of the credit.
I would never pay for a $70,000 vehicle without a very careful examination. I have no concern about the manner in which the car is optioned as this is spelled out in the contract. If it varies from the contract, it is not my car. However, anyone making this kind of purchase should see the vehicle dry, in bright sunlight and/or shoplights. If there is problem with panel alignment, plating, or paint, you may have an issue with the dealer/factory, and no leverage. Warranty will cover most other issues, but not build quality. Also check carefully for body damage. Would you want a new car repainted because it showed up with a deep scratch?
I simply wanted to pass on the information about the credit if someone wants to know a way to qualify before the car is actually in their hands.
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  #83  
Old 12-10-2010, 08:48 AM
Snowy_bmw Snowy_bmw is offline
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Quote:
Originally Posted by dchayer View Post
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.

Awesome deal !!

I have same cap cost but my payment is coming to 888.55

I am doing something wrong here ?

Whats your residual value & sales tax ?

Can you post exact numbers .
Thx
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  #84  
Old 12-10-2010, 11:09 AM
vinsk vinsk is offline
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Mein Auto: 2011 BMW X5 Xdrive35D
I took mine in June, there was a 4500 Eco credit available that time

MSRP: $68,200
36 months
12k/Year

$5000 down (includes first month payment, tax, title, doc fee)
Monthly payment: $690.00

In Iowa we pay taxes upfront for 36 months (5%) which was already paid by the dealer.

I think I had a pretty good deal with my dealer though I had to drive 100 miles.
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  #85  
Old 12-10-2010, 01:29 PM
Snowy_bmw Snowy_bmw is offline
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Quote:
Originally Posted by vinsk View Post
I took mine in June, there was a 4500 Eco credit available that time

MSRP: $68,200
36 months
12k/Year

$5000 down (includes first month payment, tax, title, doc fee)
Monthly payment: $690.00

In Iowa we pay taxes upfront for 36 months (5%) which was already paid by the dealer.

I think I had a pretty good deal with my dealer though I had to drive 100 miles.
I think they are doing 0 down now. Only Bmw fee of $700+
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  #86  
Old 12-11-2010, 12:30 PM
docboss docboss is offline
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List 69475+1200 hitch. 59,647 bottom line including 3500 eco and 2500 finance. Tim at Newbold BMW.
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  #87  
Old 12-11-2010, 06:00 PM
Snowy_bmw Snowy_bmw is offline
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Location: GA
 
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Quote:
Originally Posted by dchayer View Post
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.

Did you make any down payment ?

I got same MF & same terms but payment is way more ?

How about sales tax ? How much was that ?

Thx
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  #88  
Old 12-22-2010, 06:40 AM
bbr1 bbr1 is online now
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I've been following this thread and others regarding 2011 X5 D purchases/leases. I'm close to pulling the trigger on an X5 Diesel purchase myself (built and delivered at PCD). The MSRP for my spec is around $67k. The best deal I'm getting (reached out to 4 dealers, including a board sponser) is approximately $1,500 over invoice. How are people managing to negotiate $300 or even $500 over invoice??
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  #89  
Old 12-22-2010, 06:48 AM
vinsk vinsk is offline
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Quote:
Originally Posted by bbr1 View Post
I've been following this thread and others regarding 2011 X5 D purchases/leases. I'm close to pulling the trigger on an X5 Diesel purchase myself (built and delivered at PCD). The MSRP for my spec is around $67k. The best deal I'm getting (reached out to 4 dealers, including a board sponser) is approximately $1,500 over invoice. How are people managing to negotiate $300 or even $500 over invoice??
You have to sit with dealer and tell him that you are going to pull the trigger now if the deal is great. I'm not sure if you did window shopping till now. You got to take the salesman into confidence that you are going to sign the papers now if the numbers are right!
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2008 MB SLK280 BLK
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2001 Nissan Maxima BLK (Gone)
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  #90  
Old 12-22-2010, 12:11 PM
adrian's bmw's Avatar
adrian's bmw adrian's bmw is offline
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Quote:
Originally Posted by bbr1 View Post
I've been following this thread and others regarding 2011 X5 D purchases/leases. I'm close to pulling the trigger on an X5 Diesel purchase myself (built and delivered at PCD). The MSRP for my spec is around $67k. The best deal I'm getting (reached out to 4 dealers, including a board sponser) is approximately $1,500 over invoice. How are people managing to negotiate $300 or even $500 over invoice??
People were able to eek out rare $500 over deals when allocation was plentiful. Not anymore. Allocations are drying up.

I mean, seriously, there's $6000 REASONS not to squander this opportunity to get an X5d. Everyone's sitting on the sidelines wishing for the nickel deals and they're gonna lose out over $500-$1,000? Seriously? SMDH.
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  #91  
Old 12-22-2010, 01:45 PM
bbr1 bbr1 is online now
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Quote:
Originally Posted by adrian's bmw View Post
People were able to eek out rare $500 over deals when allocation was plentiful. Not anymore. Allocations are drying up.

I mean, seriously, there's $6000 REASONS not to squander this opportunity to get an X5d. Everyone's sitting on the sidelines wishing for the nickel deals and they're gonna lose out over $500-$1,000? Seriously? SMDH.
Good advice Adrian . Not missing the forest for the trees for sure. Just trying to make sure I don't overspend, especially since I'm going to lose out on the IRS credit too...
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  #92  
Old 12-22-2010, 10:30 PM
ard ard is offline
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The "pull the trigger" phrase annoys me no end.... sounds so FOS.

But even worse is that it really isn't "pulling a trigger": Once you pull the trigger on a gun the bullet is fired and there is no recourse. Ordering a BMW is FAR from a rifle shot, you can cancel at any time or decline the car- you can shop other stores and take that deal if it is better....

I suspect deals and allocations will get better as winter moves on and the year end frenzy ends- once the IRS credit ending becomes widely known, and the reality of post Xmas bills land, there may be more allocations.

Why pay 1500 over this week for a car to be delivered at the end of February, when you can order at 500-700 over at the end of January. with delivery first week of March?

Just thinking...
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  #93  
Old 12-22-2010, 10:37 PM
smuggymba smuggymba is offline
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Quote:
Originally Posted by ard View Post
The "pull the trigger" phrase annoys me no end.... sounds so FOS.

But even worse is that it really isn't "pulling a trigger": Once you pull the trigger on a gun the bullet is fired and there is no recourse. Ordering a BMW is FAR from a rifle shot, you can cancel at any time or decline the car- you can shop other stores and take that deal if it is better....

I suspect deals and allocations will get better as winter moves on and the year end frenzy ends- once the IRS credit ending becomes widely known, and the reality of post Xmas bills land, there may be more allocations.

Why pay 1500 over this week for a car to be delivered at the end of February, when you can order at 500-700 over at the end of January. with delivery first week of March?

Just thinking...
won't the 3500 eco and 2500 holiday credit be gone in Jan. Do these offers keep coming back on just once a year?
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  #94  
Old 12-23-2010, 07:14 AM
Felliren Felliren is offline
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Quote:
Originally Posted by bbr1 View Post
I've been following this thread and others regarding 2011 X5 D purchases/leases. I'm close to pulling the trigger on an X5 Diesel purchase myself (built and delivered at PCD). The MSRP for my spec is around $67k. The best deal I'm getting (reached out to 4 dealers, including a board sponser) is approximately $1,500 over invoice. How are people managing to negotiate $300 or even $500 over invoice??
I'm also in Chicagoland, and the best I got was $1,400 over invoice for a X5 35i Premium, so you're in some company.
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  #95  
Old 12-23-2010, 07:21 AM
docboss docboss is offline
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x5 deal

For those in Illinois, call Tim Severine at Newbold BMW in Belleville. $500 over invoice + $170 doc fees and he throws in the mats. He might have something in stock, but x5's are going really fast because of the rebates, financing and credits. He gave me a good deal on my diesel. In fact, I'm picking it up today.
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  #96  
Old 12-23-2010, 07:28 AM
AnonCA AnonCA is offline
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RE:"I suspect deals and allocations will get better..." Possibly, but I would imagine that BMW would forecast lesser demand and pull back on production accordingly.
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  #97  
Old 12-23-2010, 08:15 AM
s4_saloon s4_saloon is offline
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I just ordered mine and here is my deal:
MSRP: $65,925
Selling Price: $57,896 (includes eco credit??)
Invoice: $60,590
Holiday credit: $2,500

Total $55,396 + tax

I also have the $1,800 diesel rebate for my taxes so there is some additional savings there. All in all, i'm happy w/ the deal.
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  #98  
Old 12-23-2010, 08:24 AM
s4_saloon s4_saloon is offline
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Quote:
Originally Posted by Snowy_bmw View Post
Did you make any down payment ?

I got same MF & same terms but payment is way more ?

How about sales tax ? How much was that ?

Thx
I just placed my order yesterday but i'm not sure if i'm leasing or financing. If I end up leasing, here is my deal:

MSRP: $65,925
Selling Price: $57,896 (includes eco credit??)
Invoice: $60,590
Holiday credit: $2,500

Total $55,396 + tax

36 months, 12k/yr
56% resid
mf: .0022

Includes tax & any other fee
total due @ signing: $5460 (my contribution) + $2,500 (holiday credit)
monthly payment: $680/month
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  #99  
Old 12-23-2010, 04:08 PM
speedy_7 speedy_7 is offline
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Quote:
Originally Posted by s4_saloon View Post
I just ordered mine and here is my deal:
MSRP: $65,925
Selling Price: $57,896 (includes eco credit??)
Invoice: $60,590
Holiday credit: $2,500

Total $55,396 + tax

I also have the $1,800 diesel rebate for my taxes so there is some additional savings there. All in all, i'm happy w/ the deal.

Is the car being built or on the lot? If you don't take delivery by year end then no tax credit ad also of you lease no tax credit.
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  #100  
Old 12-23-2010, 04:13 PM
ard ard is offline
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Quote:
Originally Posted by AnonCA View Post
RE:"I suspect deals and allocations will get better..." Possibly, but I would imagine that BMW would forecast lesser demand and pull back on production accordingly.

You are a salesman for BMW, so surely you wish to rebuke this possibility.

But remember, BMW doesn't really give a crap about how demand affects YOUR profit- all their care about is their ability to sell cars at invoice! They'll build as many cars as they can to sell at invoice, anything more is not a concern of theirs.

Now are you going to argue they try to protect dealer profits and idle plants (or throttle them back) to do so?
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