May be ordering a '09 X5 30i

[socalrancher]

Originally Posted by sharpasahmarble

My advise to you is look for a low mileage X5 that is a year or two old. I've seen many reasonable priced 07 & 08's that look great. Let the original owner take the depreciation hit. Granted it's nice to buy a new car, but you can find something on the used car market that is just as close to being new and save yourself quite a bit of money. I've seen loaded 07's 3.0 with 10K miles for 40K and loaded 08's for about 45K.

I bought my 07 3.0 with the sport, premium, ipod, rear climate control for $39500.00 and that included the CPO. Their are some great cars to be had on the used car market. You just need to take your time to find them.

I would agree with you in a normal economy. That is how I bought my CPO '01 X5. However, the CPO market is the only one doing well (USA today article). That is why I bought new this time. In November, I paid $51,000 for my '09 3.0 that had a MSRP of $55,925. I am fortunate that I have many dealerships in Southern Cal. I bid the car out on-line through 5 dealerships internet departments and got the deal (they were desperate). Also got .9% financing through BMW.
Now BMW is also paying the first two payments up to $750/month(additional $1500 savings) on new cars.

[WannaX5]

Originally Posted by sharpasahmarble

My advise to you is look for a low mileage X5 that is a year or two old. I've seen many reasonable priced 07 & 08's that look great. Let the original owner take the depreciation hit. Granted it's nice to buy a new car, but you can find something on the used car market that is just as close to being new and save yourself quite a bit of money. I've seen loaded 07's 3.0 with 10K miles for 40K and loaded 08's for about 45K.

I bought my 07 3.0 with the sport, premium, ipod, rear climate control for $39500.00 and that included the CPO. Their are some great cars to be had on the used car market. You just need to take your time to find them.

Great idea, but since I'll be leasing, I will probably still get new.