E70 Options Pricing Excessive?

[CGSTL]

Bimmerfan: well written.

As someone said earlier, hello M5! When I priced out my 07 X5 with the options I want it was in the high 60's. That's about 10 grand more than my similarly equipped 2005 X5 4.4i. I just don't see spending $70K for an SUV. As much as I've drooled over the performance and options in the new X, I really don't see myself buying one. I'd rather pick up a previously owned 2007 M5 with a manual shifter for the same kind of money.

[LeMansX5]

You nailed it. That was one of the reason why i bought 4.8is when I was in market to get 4.4i. You do not get money back on options on resale. Having the 'is' replacement at $90k is ridiculous.

[xdrive]

Originally Posted by LeMansX5

Having the 'is' replacement at $90k is ridiculous.

Do you think the 4.8is replacement is going to be around $90k? It seems a bit too much. According to bmwusa web, the 2007 M5 is currently starting at $82.5k. Can the 4.8is be more expensive than the current M5? I reckon that at most bmw can charge the 4.8is replacement at around $75k to $80k, what do you think? I just can't see how a 4.8 bi-turbo can be more expensive than a F-1 technology v-10 engine.

[canamx5]

Xdrive, oviously I was exagerrating a little bit, but after gas guzzler ,options,( yes the IS REPLACEMENT WILL HAVE SOME) tax and whatever else, it's going to be pushing that number.The cayenne turbo neighborhood!

[LeMansX5]

Originally Posted by xdrive

Do you think the 4.8is replacement is going to be around $90k? It seems a bit too much. According to bmwusa web, the 2007 M5 is currently starting at $82.5k. Can the 4.8is be more expensive than the current M5? I reckon that at most bmw can charge the 4.8is replacement at around $75k to $80k, what do you think? I just can't see how a 4.8 bi-turbo can be more expensive than a F-1 technology v-10 engine.

With the options it will be in 90k range. A fully loaded 4.8i is in 80k neighborhood.

[JV]

Well put! I wonder sometimes is that strategy part of the reason BMW has remained a privately held company? If the recent troubles at some publicly traded automakers are any indication of the bad that can befall BMW were they to go public, I hope they stay private, but fer chrissakes! Find some way to make the fully optioned-out E70 4.8 less than the current 4.8is!

[xdrive]

Just wondering what sort of options you will need for the top of the range model? I thought that most options will be standard in the is model - e.g. Sport package must come standard, right? maybe cold weather package ($900), premium package ($2550), rear climate package ($700), tech package ($2600) and 3rd row ($1200)? Depending on whether the base price of the new "is" is $75k or $80k, it can cost from $83k to $88k. I guess you are probably right.

[Bimmer4life]

Bimmerfan, I for one appreciate honest posts like this, it's not about bashing BMW but being honest that the pricing is way off here.

I've been looking at this vehicle for awhile, almost bought a 06 X5 4.4 but held off since this was just around the corner. You are right on the mark the options are just too high, with comfort seat, Prem Sound, Prking sensors, Tech Pkg w/ Nav and ventilated seats (a must for FL) Prem Pkg/Sport Pkg just brings the options over the top. It is bordering on price gouging. Don't even say well if you can't aford the vehicle why are you even looking. That is not the point, why would BMW price out the options so high, they know most people want those items. Finding a loaded up E70 used down the road will be a much better deal if one can wait that long.

I seriously did not think that the E70 would be that much more than the 06 4.4 but with the options added it is way higher than it really should be. Who wants to drive around in a brand new E70 that is stripped down to the bone with no options, how fun is that? I would imagine you will see alot of stripped E70's on dealers lots just to get them out on the roads so the public will buy them but to me, no options = no fun longterm.

I still want to test drive one, I want a new vehicle within the next few months. I would have got the 06 4.4 but I really want a Nav and I hate the fact that you lose having a CD player up front and you get a cassette instead, how outdated is that? I really like the interior layout of the E70 with the Nav.

Thanks for your honest post, it was well written and I agree with you.

[canamx5]

This is how I see it.Take an E70 with 95% of the options (which brings it to roughly 75k give or take) that the IS replacement will have as standard, add 5k (very conservative ) for 'IS' EXCLUSIVITY FACTOR,gas guzzler, more options,tax, ect...you end up with a huge number! ''HOLY COW'' BMW's are getting very expensive!!

[CGSTL]

One of the best quotes I've read tonight; and very applicable to most of us: "Who wants to drive around in a brand new E70 that is stripped down to the bone with no options, how fun is that?"

I think that's why a lot of us are a bit upset. We've been tracking this auto for over a year now - seeing the excellent reviews, being relieved that it's not Bangled - and now we realize we're going to be hit with a $70K+ sticker.

Yup, they need some serious feedback. And I think they're going to get it through their dealer channel when they're not moving as many units as they anticipate. Especially since it's such a good machine.

Originally Posted by Bimmer4life

Bimmerfan, I for one appreciate honest posts like this, it's not about bashing BMW but being honest that the pricing is way off here.

I've been looking at this vehicle for awhile, almost bought a 06 X5 4.4 but held off since this was just around the corner. You are right on the mark the options are just too high, with comfort seat, Prem Sound, Prking sensors, Tech Pkg w/ Nav and ventilated seats (a must for FL) Prem Pkg/Sport Pkg just brings the options over the top. It is bordering on price gouging. Don't even say well if you can't aford the vehicle why are you even looking. That is not the point, why would BMW price out the options so high, they know most people want those items. Finding a loaded up E70 used down the road will be a much better deal if one can wait that long.

I seriously did not think that the E70 would be that much more than the 06 4.4 but with the options added it is way higher than it really should be. Who wants to drive around in a brand new E70 that is stripped down to the bone with no options, how fun is that? I would imagine you will see alot of stripped E70's on dealers lots just to get them out on the roads so the public will buy them but to me, no options = no fun longterm.

I still want to test drive one, I want a new vehicle within the next few months. I would have got the 06 4.4 but I really want a Nav and I hate the fact that you lose having a CD player up front and you get a cassette instead, how outdated is that? I really like the interior layout of the E70 with the Nav.

Thanks for your honest post, it was well written and I agree with you.