Looking for a German 7 seater

Sep 20th, 2019 9:32 am

#1

cirexsoft [OP]: Newbie; Nov 8, 2016; 22 posts; 18 upvotes

Sep 20th, 2019 9:32 am

With the 3 day sale happening at some dealers this weekend, I am curious if I can get a well equipped 7 seater from BMW, Mercedes or Audi for around $600 a month?
Anybody had deals in this range?

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Sep 20th, 2019 9:35 am

#2

EP32k2: Deal Expert; Jan 15, 2006; 17935 posts; 16939 upvotes; Richmond Hill

Sep 20th, 2019 9:35 am

cirexsoft wrote: ↑ With the 3 day sale happening at some dealers this weekend, I am curious if I can get a well equipped 7 seater from BMW, Mercedes or Audi for around $600 a month?
Anybody had deals in this range?

Yeah if you put down around $20,000 down payment on a lease it might be doable...

+10

Sep 20th, 2019 9:53 am

#3

CanKon: Deal Addict; Aug 16, 2011; 1043 posts; 1077 upvotes; North York

Sep 20th, 2019 9:53 am

cirexsoft wrote: ↑ With the 3 day sale happening at some dealers this weekend, I am curious if I can get a well equipped 7 seater from BMW, Mercedes or Audi for around $600 a month?
Anybody had deals in this range?

If you can put down about $5000, you can purchase a spacious 15 seater Mercedes Sprinter Van for $750/month.

+11

Sep 20th, 2019 9:55 am

#4

gc99: Sr. Member; Jan 14, 2008; 683 posts; 439 upvotes; Toronto

Sep 20th, 2019 9:55 am

Is your $600 for a lease or finance?

Current 7 seaters options are GLE, X7, GLS, Q7, which may cost a bit too much.

Maybe you can wait for the less expensive 7 seater version of the new GLB in a few months? It likely will be in this price range...

Sep 20th, 2019 9:57 am

#5

gc99: Sr. Member; Jan 14, 2008; 683 posts; 439 upvotes; Toronto

Sep 20th, 2019 9:57 am

CanKon wrote: ↑ If you can put down about $5000, you can purchase a spacious 15 seater Mercedes Sprinter Van for $750/month.

I thinks theres also the MB Metris

Sep 20th, 2019 10:00 am

#6

engineered: Deal Expert; Feb 11, 2007; 18693 posts; 21367 upvotes; GTA

Sep 20th, 2019 10:00 am

Dodge Caravan CVP is well within your budget and was German when it was designed.

If the women don't find you handsome, they should at least find you handy.

+3

Sep 20th, 2019 10:01 am

#7

Tommy74: Deal Addict; Jun 26, 2009; 4948 posts; 4522 upvotes; GTA

Sep 20th, 2019 10:01 am

Atlas

+2

Sep 20th, 2019 10:03 am

#8

booblehead: Deal Expert; Jul 30, 2007; 31256 posts; 17823 upvotes; Toronto

Sep 20th, 2019 10:03 am

for example, 2019 X7 M40 ... configured to $110,000

42 months lease
5.99%
20,000km per
say 5% MSRP off
$1500 factory credit (3 days special promo)
est. $3300 fees rolled into payment

$43,500 down (+ taxes, say 13%) due on delivery

Projected monthly - $526.50 + say 13% taxes = $595 OTR
Due on delivery - first + security + down + license

**

$0 down
Then you would be looking at $1,671 + 13% hst = $1,888 OTR
Total payment obligation over 42 months term = $79,300

Last edited by booblehead on Sep 20th, 2019 10:16 am, edited 1 time in total.

+10

Sep 20th, 2019 10:11 am

#9

koffey: Deal Expert; Oct 6, 2010; 15360 posts; 9890 upvotes; Toronto

Sep 20th, 2019 10:11 am

Kia Sorento LX V6 is all you can get based on your criteria.

DYI difficulty scale:
0-joke
10-no joke

Sep 20th, 2019 10:15 am

#10

booblehead: Deal Expert; Jul 30, 2007; 31256 posts; 17823 upvotes; Toronto

Sep 20th, 2019 10:15 am

same example. If financed thru BMWFS.

Projected total cost to own including 13% taxes = $120,000 OTR

$90,000 down and $30,000 finance @ 5% for 5 yrs = $565 per month

+2

Sep 20th, 2019 10:27 am

#11

booblehead: Deal Expert; Jul 30, 2007; 31256 posts; 17823 upvotes; Toronto

Sep 20th, 2019 10:27 am

Your better bet is to get a VW Atlas.

$4000 factory credit on cash purchase. $1000 credit on finance or lease right now.

Sep 20th, 2019 10:35 am

#12

er34er34: Deal Fanatic; May 4, 2014; 5083 posts; 6663 upvotes; Toronto, ON

Sep 20th, 2019 10:35 am

Ballin' on a $600 budget requires serious creative(wishful) thinking.

+2

Sep 20th, 2019 10:41 am

#13

booblehead: Deal Expert; Jul 30, 2007; 31256 posts; 17823 upvotes; Toronto

Sep 20th, 2019 10:41 am

2019 Q7 - 55 TFSI quattro Technik
MSRP: $77,800.00

48 months lease
1.98%
42% residual
20,000km per year
Say 5% discount on dealer side
$6000 factory credit
all fees rolled into payment

$16,000 (+ 13% taxes) down and due on delivery

Projected monthly - $527 + 13% taxes = $595 OTR
Due on delivery - first + security + down + license

**

$0 down
Then you are looking at $873 + 13% taxes = $986.50 OTR

+3

Sep 20th, 2019 10:54 am

#14

cirexsoft [OP]: Newbie; Nov 8, 2016; 22 posts; 18 upvotes

Sep 20th, 2019 10:54 am

Thanks for the information, was thinking about 25,000 down on a finance or up to $10,000 on a lease.

Sep 20th, 2019 10:56 am

#15

Swerny: Deal Expert; Oct 5, 2008; 15847 posts; 10515 upvotes; Toronto

Sep 20th, 2019 10:56 am

VW Routan

Sep 20th, 2019 10:57 am

#16

booblehead: Deal Expert; Jul 30, 2007; 31256 posts; 17823 upvotes; Toronto

Sep 20th, 2019 10:57 am

cirexsoft wrote: ↑ Thanks for the information, was thinking about 25,000 down on a finance or up to $10,000 on a lease.

well then, the VW Atlas may work

Sep 20th, 2019 10:59 am

#17

cirexsoft [OP]: Newbie; Nov 8, 2016; 22 posts; 18 upvotes

Sep 20th, 2019 10:59 am

I was looking at the GLB but unfortunately a few months might be too long. I quickly typed $600 but up to $800 ish for a finance.

Sep 20th, 2019 11:10 am

#18

Micelli_Illuminatti: Deal Addict; Aug 17, 2009; 2701 posts; 1376 upvotes

Sep 20th, 2019 11:10 am

cirexsoft wrote: ↑ I was looking at the GLB but unfortunately a few months might be too long. I quickly typed $600 but up to $800 ish for a finance.

Have you tried emailing a number of german dealerships, with those parameters? Something to the effect of, you are looking to finance/lease for $X amount, with $Y down, but need a Z type of vehicle? You are likely to get much better information than here.

Corvus oculum corvi non eruit.

+1

Sep 20th, 2019 12:20 pm

#19

booblehead: Deal Expert; Jul 30, 2007; 31256 posts; 17823 upvotes; Toronto

Sep 20th, 2019 12:20 pm

2019 Q7 - 55 TFSI quattro Technik
MSRP: $77,800.00

60 months finance
1.48%
Say 5% discount on dealer side
$6000 factory credit
all fees rolled into payment

OTR = 70,510 + 13% taxes = $79,675

$25,000 down and finance $54,675

Monthly payment = $946

**

To do $800 range per month ... you will need to put down $34,000 and finance $45,675 = $790

Sep 20th, 2019 12:24 pm

#20

booblehead: Deal Expert; Jul 30, 2007; 31256 posts; 17823 upvotes; Toronto

Sep 20th, 2019 12:24 pm

2019 Q7 - 45 TFSI quattro Progressiv

MSRP: $70,800.00

60 months finance
1.48%
Say 5% discount on dealer side
$6000 factory credit
all fees rolled into payment

OTR = 63,860 + 13% taxes = $72,162

$25,000 down and finance $47,162

Monthly payment = $816

So, it is doable. Just a matter of locating this Q7 somewhere in Canada

+1