[nakamuru]

Its a great car but over 100k i was wondering is this just a sales ploy. I am assuming most will be leasing this new car and then down the road bmw will sell it as certified or some other dealer and will mention the car was originall 100K plus (im referring to loaded x3m not sure price accuracy lol) since car depreciates im guessing highest cost is more for turning heads?

What percentage you think actually buy instead of lease?

[AlexFL]

Originally Posted by nakamuru

Its a great car but over 100k i was wondering is this just a sales ploy. I am assuming most will be leasing this new car and then down the road bmw will sell it as certified or some other dealer and will mention the car was originall 100K plus (im referring to loaded x3m not sure price accuracy lol) since car depreciates im guessing highest cost is more for turning heads?

What percentage you think actually buy instead of lease?

100k? What are you talking about?

[BMWZ4]

$100k(CAD) in Canada maybe, but definitely not in the U.S.

[heavyD^2]

I didn't pay $100k CAD for mine. Not sure how anyone in the USA would pay close to that.

[ThumperMCS]

lol not sure what this guy is talking about....

Maybe he means X5M?

[Wills2]

Originally Posted by heavyD^2

I didn't pay $100k CAD for mine. Not sure how anyone in the USA would pay close to that.

In the UK they are the equivalent of $140,000 CAD at list with a few options inc all tax but they knock off $40,000 to sell them.

£82,000 list then £59,000 to buy.

[GOLFFRR]

80'sk range loaded. Never seen one anywhere near 100k?

[allinon72]

Value is highly subjective. I can tell you that if you fall within the target market and negotiate the correct price, it is a tremendous value and doesn't have a lot of competition unless you expand the scope widely. In terms of depreciation, as with any luxury brand but specifically luxury brand SUVs, you have to buy it right to mitigate the losses.

[strohw]

Redirecting from the OPs original message and just plainly talking about how the X3M/4M compare to its competitors in price point, I feel they have a better introductory price point. You can get into the base model much cheaper which means you can get into this type of vehicle much cheaper than with any of the other brands.

I do wonder why BMW is producing so many of these though which is leading to dealers having to give much larger discounts than they would with other brands. Between the incentives they have had and the discounts you could get, the price is unmatched. The Stelvio has similar level of discounts but the residual is so bad on it the price isn't comparable.

Auto Trader New Vehicles:

550 X3M/X4M
170 Fpace SVR
150 GLC63/63S Coupe
107 / 138 Macan GTS then Turbo
38 Stelvio Quads(half of which are 19s)

I feel like BMW is over producing these things which is resulting in good deals for us but I question why they would continue on with it.

[richard in NC]

BMW probably based the X3M production on relative sales to the X3 & M40i which were huge sellers in 2019. This year is odd with the factory shutdowns reducing supply (yet no decrease in overall demand for X models) but the X3M seemed to have a good selection to ride through that.

[Wills2]

Originally Posted by strohw

Redirecting from the OPs original message and just plainly talking about how the X3M/4M compare to its competitors in price point, I feel they have a better introductory price point. You can get into the base model much cheaper which means you can get into this type of vehicle much cheaper than with any of the other brands.

I do wonder why BMW is producing so many of these though which is leading to dealers having to give much larger discounts than they would with other brands. Between the incentives they have had and the discounts you could get, the price is unmatched. The Stelvio has similar level of discounts but the residual is so bad on it the price isn't comparable.

Auto Trader New Vehicles:

550 X3M/X4M
170 Fpace SVR
150 GLC63/63S Coupe
107 / 138 Macan GTS then Turbo
38 Stelvio Quads(half of which are 19s)

I feel like BMW is over producing these things which is resulting in good deals for us but I question why they would continue on with it.

Because they still make money at the discounted price, the Stelvio numbers just tell you the brand is nearly dead....

[JustChris]

Originally Posted by Wills2

Because they still make money at the discounted price, the Stelvio numbers just tell you the brand is nearly dead....

That is a shockingly low number.

My local (Chester UK) Alfa dealer folded and there ain't own for 100 miles here. It's over. Again. It's ok though as they've just release a GTA @£160k. 😁 and refresh the Quads with equally shocking lease deals.

[Wills2]

Originally Posted by JustChris

That is a shockingly low number.

My local (Chester UK) Alfa dealer folded and there ain't own for 100 miles here. It's over. Again. It's ok though as they've just release a GTA @£160k. 😁 and refresh the Quads with equally shocking lease deals.

Indeed Chris, I do like the QF models but the monthlies are mental, they are selling about 180 cars a month at the moment all up across the range which is utterly dire, pity but without a dealer network they are FUBAR.

[dazzapb]

Originally Posted by Wills2

In the UK they are the equivalent of $140,000 CAD at list with a few options inc all tax but they knock off $40,000 to sell them.

£82,000 list then £59,000 to buy.

Hey Wills Going off track perhaps but I think with the blow out deal we got on them and potentially COVID residuals are strong at the moment.
Not that I want to get shot I was doing some maths as to pay off the finance or indeed pay the rentals. I got a settlement figure of 55k (and private valuation and trade sale for low 50k's) its a small haircut to get out.
I will definitely not do it but pretty good I didn't even put down a deposit. Weird times.

[Wills2]

Originally Posted by dazzapb

Hey Wills Going off track perhaps but I think with the blow out deal we got on them and potentially COVID residuals are strong at the moment.
Not that I want to get shot I was doing some maths as to pay off the finance or indeed pay the rentals. I got a settlement figure of 55k (and private valuation and trade sale for low 50k's) its a small haircut to get out.
I will definitely not do it but pretty good I didn't even put down a deposit. Weird times.

Yes, same here pricing has firmed up greatly if you look at the pricing on the BMW AUC website, cheapest is 55k with most being 58k+

[daltonvaas]

Originally Posted by dazzapb

Hey Wills Going off track perhaps but I think with the blow out deal we got on them and potentially COVID residuals are strong at the moment.
Not that I want to get shot I was doing some maths as to pay off the finance or indeed pay the rentals. I got a settlement figure of 55k (and private valuation and trade sale for low 50k's) its a small haircut to get out.
I will definitely not do it but pretty good I didn't even put down a deposit. Weird times.

Well what do yo know, I did the exact same thing last week and have a very similar settlement figure. I actually listed mine to see what interest there was and had a number of performance garages and BMW franchises offering 53k straight up (again like you not going to sell but agree for anyone who isn't feeling this car it's a very very small haircut considering)

Bit off topic but I did actually test drive a Range Rover Sport P400e the other day and in honestly though it looks great and the interior was of an exceptional quality, the actual drive was atrocious, the steering wheel was ludriciously thin (to the extent that I'd get one of those covers to bulk it up!) and it felt huge swell as very heavy. Though it was ultra smooth, it made my appreciate my X3MC!