Automotive

BMW questions and answers

  • Last Updated:
  • Nov 19th, 2017 9:23 pm
Deal Expert
User avatar
Jul 30, 2007
18769 posts
4053 upvotes
Toronto
I only see one or two '17 X6 on dealer's inventory now and I don't recall the X6 has any significant factory credit in recent months. It is best to get a quote sheet first to see what kind of discount is giving you first and then you can go from there. Being a one model year old car, you should be looking at near 10% off the MSRP and for 36 months, I would estimate the residual be around 50%

The last factory promo was back in Sep to clear the 17. The X6 was given at least $1500 factory credit at the time. Therefore, the dealer who still have the car on their inventory may have taken that in already. Do check the in service date to see if the car was registered and now selling as demo status.

bmw autohaus has white
tcbmw has red
Jr. Member
Jan 14, 2008
199 posts
93 upvotes
Toronto
For those that are veteran leasers, maybe you can give me some advise

Policaro BMW has been contacting me to take me out of my existing F30 lease for almost no penalty (20 months remaining, lots of kms remaining) if I upgrade to a new vehicle.

I'm not sure if it sounds too good to be true. I do need something a bit larger, and am planning to test drive the new x3 or anything else larger. Not too picky, just needs to be an SUV now.

Any tips on upgrading, or is it too good to be true?

Do they launch vehicles with special incentives to get good sales numbers? (X3)
Deal Expert
User avatar
Jul 30, 2007
18769 posts
4053 upvotes
Toronto
say it's true ... no penalty to turn it in early. You will have to see what kind of discount the dealer is willing to give you on the new car then. If you are getting like 3% or less (and yet dealer is going to add on those fees and all), then you are in a sense of paying something on the side (as a penalty per se).

For the 18 X3, no incentive right now and interest rate is 3.9% and you do get 0.75% reduction as loyalty incentive
Newbie
Jul 21, 2011
4 posts
Mississauga
Silly question, but why is it that on the Canadian website I can only configure the 2017 X6? The 2018 doesn't show up
Deal Expert
User avatar
Jul 30, 2007
18769 posts
4053 upvotes
Toronto
BMW.ca is extremely slow in updating their new model yr
Deal Addict
Jun 27, 2007
3186 posts
512 upvotes
Hey booblehead
How is Macan vs BMW? Just wondering as I am considering one
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
Deal Expert
User avatar
Jul 30, 2007
18769 posts
4053 upvotes
Toronto
If your budget allows, gts trim would be ideal. You still need to test drive one to see if you like it or not. The Macan will be coming out with facelift for MY 2019, which could be available to order around early spring 2018. Even with facelift, it will still lack the modern tech gadget but the performance sure is better than the bimmer, imo.

I have not seen the new x3 and i think if you are looking for interior space (as one of your main criteria), the bimmer is likely bigger and feel less compact than the Macan.

Lastly, porsche maintenance is 2-3x more expensive than a x3 (if done at dealer). I do most of the routine stuff at my mechanic and it’s almost in line in cost like the bimmer .
For example, simple oil change at Porsche is $500; $150 range at my mechanic. A BMW X3 oil change at my mechanic would likely be around $120.

I have owned mine for 3.5 yrs now and overall, I have enjoyed driving it very much ... more than any bimmers I had owned in the past. Really !
Penalty Box
Jan 15, 2006
8218 posts
2392 upvotes
Richmond Hill
dlhunter wrote:
Nov 10th, 2017 9:58 pm
Hey booblehead
How is Macan vs BMW? Just wondering as I am considering one
Macan will offer a better driving experience, but it's small and expensive compared to what you would get with a BMW. That said I think the Macan looks much much Iver than BMW.
Newbie
Aug 23, 2014
87 posts
26 upvotes
Mississauga, ON
Awesome thread! ... but huge, spent around and hour to read the last 40 pages.... That encouraged me to ask a question. Iam looking to buy a used 2014 328i Modern/Sport line with premium pkg, navigation, backup camera and with mileage 45k km or less, and for sure no accident. I lean to get it from BMW dealer since they have a good finance rate for it. They range from $29k to $35k at BMW. I would like to know what would be a good deal to get one? TIA
Deal Expert
User avatar
Jul 30, 2007
18769 posts
4053 upvotes
Toronto
dealers general markup would fall in the 25-35% range, depends on condition, cpo w/extended warranty or "As is". Your ability to negotiate may depend on:
- how long the car has been sitting at the lot. If it is recently listed (within 0 - 60 days), dealers generally will play hard ball and will not discount much at all (say $1000 or so as their best) as they can afford to wait for a lesser educated buyers, per se. Once the car has been sitting for beyond 3 months+, then dealers will generally discount. If the car has been sitting like 6+ months, dealer may start to entertain all offers but they are still looking to make a min. 10-15% markup on the car, because by then the depreciation has taken its toll on the car and dealer would have to sell before they make absolutely nothing per se.

sorrowt wrote:
Nov 11th, 2017 6:49 pm
Awesome thread! ... but huge, spent around and hour to read the last 40 pages.... That encouraged me to ask a question. Iam looking to buy a used 2014 328i Modern/Sport line with premium pkg, navigation, backup camera and with mileage 45k km or less, and for sure no accident. I lean to get it from BMW dealer since they have a good finance rate for it. They range from $29k to $35k at BMW. I would like to know what would be a good deal to get one? TIA
Newbie
Nov 28, 2016
1 posts
I am looking for a good independent shop in the Ottawa area that does excellent BMW work. Any suggestions?
Newbie
Aug 23, 2014
87 posts
26 upvotes
Mississauga, ON
booblehead wrote:
Nov 12th, 2017 7:54 am
dealers general markup would fall in the 25-35% range, depends on condition, cpo w/extended warranty or "As is". Your ability to negotiate may depend on:
- how long the car has been sitting at the lot. If it is recently listed (within 0 - 60 days), dealers generally will play hard ball and will not discount much at all (say $1000 or so as their best) as they can afford to wait for a lesser educated buyers, per se. Once the car has been sitting for beyond 3 months+, then dealers will generally discount. If the car has been sitting like 6+ months, dealer may start to entertain all offers but they are still looking to make a min. 10-15% markup on the car, because by then the depreciation has taken its toll on the car and dealer would have to sell before they make absolutely nothing per se.
I see, so whats a 0% markup range for the one im looking at? the 2014 3 series seems to be selling strong, usually sold by the dealer within 3 weeks.
Deal Expert
User avatar
Jul 30, 2007
18769 posts
4053 upvotes
Toronto
Need to see what options and yr and mileage. Cpo or as is

Top

Thread Information

There is currently 1 user viewing this thread. (0 members and 1 guest)