Negotiation Tips and Market Insights

Hey there, BMW enthusiasts! If you've been eyeing that sleek X5 and wondering how to snag the best deal, you're in the right place. Let's dive into the current market trends, negotiation strategies, and some insider tips to help you make an informed decision.

X5 Sales Are Booming!

It's no secret that the BMW X5 has been killing it in the sales department lately. We're talking about a jump from 3,000 units a month (which used to be considered "good") to a whopping 6,000+ units consistently over the past three years. The X5 has even been giving its arch-rival, the Mercedes GLE, a run for its money!

Current Inventory: A Buyer's Market

Right now, there are about 5,000 X5s available across the US. Here's the breakdown:

• 1,600 xDrive40s

• 1,200 sDrive40s

• 1,000 xDrive50es

• 1,100 M60is

This even split is rare and great news for buyers because it means more options and potentially better deals.

Pricing and Negotiation: What to Expect

Let's talk numbers. A well-equipped X5 can easily hit an MSRP of around $77,675. But here's the good news: with current inventory levels, you should be aiming for 7-10% off MSRP. That's right, a discount of up to 10% is totally doable!

Pro tip: Target a selling price of around $69,907 for an X5 with an MSRP of $77,675.

Current Incentives and Financing Offers

BMW is sweetening the deal with some nice offers:

• 2.99% APR for 60 months

• $1,000 rebate

• $500 loyalty bonus for returning BMW customers

Keep an eye on BMW's special offers section as we approach the New Year. The purchase credit could go up to $2,500!

To Lease or Not to Lease?

The lease program for the X5 isn't as attractive as it used to be. Current terms:

• 52% residual at 36 months (10,000 miles/year)

• 0.00180 money factor

With a 10% discount off MSRP, you're looking at about $1,018 per month (excluding taxes).

Buy vs. Lease: My Two Cents

While leasing has its perks, buying might be the way to go right now. Here's why:

1. Great promotional interest rates

2. Save on acquisition and disposition fees

3. Avoid re-registration hassles

4. Better long-term value

Plus, used X5s are pretty rare in the market, which means they hold their value well.

Used X5: A Quick Look

If you're considering a used X5:

• A 3-year-old model

• Under 40,000 miles

• Certified pre-owned

• Price: Around $46,000

Not bad, but with the current new car offers, buying new might make more sense.

Wrapping Up

Whether you decide to buy new, lease, or go for a used model, the X5 is a solid choice. With inventory levels up and some decent incentives on the table, now might be a great time to make your move.

Remember, do your homework, negotiate confidently, and don't be afraid to walk away if the deal doesn't feel right.

Happy BMW hunting, and may the best deal be with you!

Did you find this guide helpful? Got any X5 stories or tips to share? Drop a comment below! And hey, if you want to see the full breakdown in action, check out the original video this post was based on. It's packed with even more details and insights!