This has been available for a while, but most folks aren't aware of it.
BMW is offering a free Premium Package on the 2008 X5 3.0. That is a $2505 option that is on nearly every X5 3.0. With high gas prices, dealers have been unloading X5s for close to invoice without the $2505. So -- on a typical X5 you can get $5000 or more off MSRP.
Example:
2008 X5 3.0 with Premium Package, Cold Weather Package, and Rear Climate Package
MSRP $51,675 Invoice $47,565
At 1K over invoice price would be $48,565 - $2,505 = $46,060 or over $5600 off MSRP plus 0.9%.
The 2008 X5 4.8 has a $1200 discount available, not as good as the 3.0.
This CAN be combined with the 0.9%/5 years financing from BMW, good through 9/2/2008.
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wp746911 said:gotta love the human psyche- you would think higher gas prices wouldn't hurt sales on a 50,000 luxury suv... If you have 50k to drop on a luxury car, then gas prices are not on your worry list.
Actually if you check the local used market, you may find pretty clean ones for more than $10K below the KBB value. I almost got a 2006 x5 3.0 with ~20K miles for $27K (KBB around $37K). You can find all sorts of deals on SUVs nowadays.
bozo007 said:wp746911 said:gotta love the human psyche- you would think higher gas prices wouldn't hurt sales on a 50,000 luxury suv... If you have 50k to drop on a luxury car, then gas prices are not on your worry list.
c'mon, that assumption is so not true. gas prices affects everyone no matter what your salary.
besides more people now buy cars at the 40-50k price tag, even if they barely can afford it, especially in a car culture state like California, where 5ok beamers are not that big of a deal. Believe i or not, rich people can be some of the cheapest stingiest people there is. They didn't become "rich" by being careless with money.
al799 said:Can I still wait and buy extended warranty when 4yr/50,000 miles warranty expired? Thanks!
You want to do it a couple months or a couple thousand miles BEFORE the warranty expires, or the price goes WAY up. You can usually get a better deal at an Auto Leasing place too.
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