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Old 11-09-2019, 10:47 AM   #1
SARAFIL
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Fil’s next car

I thought I had a thread on this but guess it was buried in a few other topics.

So my lease on the 550 technically ended in July. I did a 2 month extension through September, and then w/ drama on house I’ve been able to get 2 more months out of BMW. I might be able to get another month if needed but assuming I’ll be replacing the car later this month.

I was originally thinking of a M550 but we’ve decided a little more space would be helpful after countless times of trying to stuff the car full of crap this year. Last month my plan was to score a crazy deal on a leftover 2019 X5 50i. At the time 2019 leases were stronger than 2020. This month BMW has the same programs on 2020 and 2019 models, and remaining 2019 inventory is pretty “meh” so I’ve talked myself into a 2020 X5 M50i. A few extra M badges has to make it better, right?

What is “new” to me this year is the leasehackr forum. The traditional BMW forums don’t seem to be the wealth of info they once were. But there is a ton of great info on leases on leasehackr, and I’ve been shocked by how aggressive dealers are these days. In my prior life, “invoice” was a really strong deal. Today, a good deal on a new BMW is generally 10%++ below MSRP before incentives.

X5 leases are not as strong as the 5-series (higher demand means less need for subsidized residuals) but with the discounts I’m seeing I think I can still score a ~1% payment.
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Old 11-09-2019, 01:27 PM   #2
wdc330i
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Originally Posted by SARAFIL View Post
I thought I had a thread on this but guess it was buried in a few other topics.

So my lease on the 550 technically ended in July. I did a 2 month extension through September, and then w/ drama on house I’ve been able to get 2 more months out of BMW. I might be able to get another month if needed but assuming I’ll be replacing the car later this month.

I was originally thinking of a M550 but we’ve decided a little more space would be helpful after countless times of trying to stuff the car full of crap this year. Last month my plan was to score a crazy deal on a leftover 2019 X5 50i. At the time 2019 leases were stronger than 2020. This month BMW has the same programs on 2020 and 2019 models, and remaining 2019 inventory is pretty “meh” so I’ve talked myself into a 2020 X5 M50i. A few extra M badges has to make it better, right?

What is “new” to me this year is the leasehackr forum. The traditional BMW forums don’t seem to be the wealth of info they once were. But there is a ton of great info on leases on leasehackr, and I’ve been shocked by how aggressive dealers are these days. In my prior life, “invoice” was a really strong deal. Today, a good deal on a new BMW is generally 10%++ below MSRP before incentives.

X5 leases are not as strong as the 5-series (higher demand means less need for subsidized residuals) but with the discounts I’m seeing I think I can still score a ~1% payment.
Nice!
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Old 11-09-2019, 02:13 PM   #3
Alan
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I really like the new X5, I think they did a great job on it plus I think you’re going to love the new technology in it. Also it is really cool you went with the big engine, that car is going to be really fast and it is really rare to see one.

Just wondering what type of car does your spouse drive ?
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Old 11-09-2019, 06:45 PM   #4
SARAFIL
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I really like the new X5, I think they did a great job on it plus I think you’re going to love the new technology in it. Also it is really cool you went with the big engine, that car is going to be really fast and it is really rare to see one.



Just wondering what type of car does your spouse drive ?


Yea, we’ve driven a few of them and I really like the new tech. I’m a big fan of the turbo 6 cylinder in general but it just feels like the X5 is carrying too much weight for that engine.

Right now we only have one car, we live in the city and walk to work. We work in the same building so we’ll commute in together once we move. We need to get 2nd car after but still trying to figure out what exactly we need - going to hold off on that a little bit.
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Old 11-10-2019, 07:16 AM   #5
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Originally Posted by SARAFIL View Post
Yea, we’ve driven a few of them and I really like the new tech. I’m a big fan of the turbo 6 cylinder in general but it just feels like the X5 is carrying too much weight for that engine
Agreed
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Old 11-10-2019, 11:40 AM   #6
robg
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A 2020 X5 M50i would be sweet! Yeah, it's crazy how competitive the BMW lease scene is these days.
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Old 11-10-2019, 02:49 PM   #7
John V
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Congrats. I am told these drive really well but I cannot get past the front end. What were they thinking with the grille?!

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Old 11-10-2019, 04:52 PM   #8
wdc330i
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Congrats. I am told these drive really well but I cannot get past the front end. What were they thinking with the grille?!

Possibly the best and only reason to get the car in black...
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Old 11-10-2019, 11:38 PM   #9
SARAFIL
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Congrats. I am told these drive really well but I cannot get past the front end. What were they thinking with the grille?!



I actually don’t mind the grille on the X5. The proportions of headlight-to-grille look much better on the X5 (in my opinion) than the X7 or 2020 7-series, both of those look like they have too much grille.
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Old 11-11-2019, 07:04 AM   #10
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Agreed. The X5 looks normal compared to this thing.
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