How much over invoice for an X1?

Well, the wife & I scooted up to the dealer in Windsor, Ontario over the weekend to test drive the X1 xDrive 28i, and we're sold! We could use a wee bit o' guidance on negotiating the out-the-door price. How much over invoice should we ultimately agree to? Peace!

Don't expect much of a discount for the first few months.

Contact a board sponsor. Or go internet locally but don't bother talking to someone at a dealership by walking in.

Save money! Get an address in Ontario by renting a room at someone's house and occasionally visiting to pick up mail. Register the vehicle at that address and buy the car in Canada!

Originally Posted by petriej

Save money! Get an address in Ontario by renting a room at someone's house and occasionally visiting to pick up mail. Register the vehicle at that address and buy the car in Canada!

Not quite following you on this one... How does renting a place and buying a car in Canada save the OP money?

I made a really nice deal for a member on our #1 X1 order a couple of weeks ago. He wanted to do ED, so I even burned an allocation.
The only models I don't offer an "Internet Special" on are the hot ///Ms (M5, M6) and X6.

It was my attempt at satirical comedy. I crashed and burned. I'll work on my material and delivery.

Originally Posted by petriej

It was my attempt at satirical comedy. I crashed and burned. I'll work on my material and delivery.

Speaking of the X1...I am really digging the X1...so much so I would choose it over the F30 ...it also looks much better than the X3 IMO

Well, the X1 negotiations have begun! Here's the first offer I've received for a 2103 X1 xDrive 28i whose invoice price is $36120:
net cap cost - $39045
cap cost reductions - $36720
residual - 59%
money factor - .00145
monthly payment - $493.97
drive off - $763.37

What do ya think, bimmerfest?

How many months? Nearly 500 a month for an x1 is crazy IMO, you can get cars that cost 50k for that much.

36 months, 12k/yr

Originally Posted by addfellow

Well, the X1 negotiations have begun! Here's the first offer I've received for a 2103 X1 xDrive 28i whose invoice price is $36120:
net cap cost - $39045
cap cost reductions - $36720
residual - 59%
money factor - .00145
monthly payment - $493.97
drive off - $763.37

What do ya think, bimmerfest?

Why aren't you doing MSDs?

What about a team usa voucher?

Originally Posted by Giants84

How many months? Nearly 500 a month for an x1 is crazy IMO, you can get cars that cost 50k for that much.

That's part of the reason I lost interest in the X1. The 3 series was going to be significantly cheaper to lease and offer better performance. In my eyes the X1 should be well under $400 a month with $0 down.

Agreed, you can get an rx350,ML benz just to name a few.

Originally Posted by Giants84

Agreed, you can get an rx350,ML benz just to name a few.

Just ran the numbers for similarly equipped RX350 & ML 350 w/ Edmunds True Market Value and lease residual & MF from ridewithg.com:

RX350 - $578

ML 350 - $754

No thanks.

Those numbers are not real, find a leasing company in your area and see for yourself.

Originally Posted by addfellow

Well, the X1 negotiations have begun! Here's the first offer I've received for a 2103 X1 xDrive 28i whose invoice price is $36120:
net cap cost - $39045
cap cost reductions - $36720
residual - 59%
money factor - .00145
monthly payment - $493.97
drive off - $763.37

What do ya think, bimmerfest?

$500 over invoice on a brand new model is pretty good. Just make sure you apply all of the available incentives.

Originally Posted by 01Byte

$500 over invoice on a brand new model is pretty good. Just make sure you apply all of the available incentives.

Yes indeed...got the $1000 Drive for the Team, $750 Loyalty and $300 Ultimate Drive app. Now if BMWUSA would reimburse my mileage from our X1 Canadian Adventure....

You can lease an x5 for 630 a month premium with the convenience Package, the car is over 60k BTW. I don't see anyway the X1 should be nearly 500 a month.

Originally Posted by Giants84

You can lease an x5 for 630 a month premium with the convenience Package, the car is over 60k BTW. I don't see anyway the X1 should be nearly 500 a month.

630 a month? How much out of pocket?

Zero down, this is for the 3.5 premium with convenience package.

Originally Posted by Giants84

Zero down, this is for the 3.5 premium with convenience package.

Oh really, show me the math...

That is the deal my cousin just got from life quality
BMW in brooklyn.

We've been taken a bit off course here...I was curious, based on the X1 being a popular new model, what the maximum over invoice I could expect to get a dealer to agree to.