need a new truck.......

blown383 · #1 10-12-2010, 10:17 PM

dumped the ML350, took back the X3, now i need a new truck.
i think i'm going with the x5d, i worked it up on bmw north america.
my question is, i'm thinking i will do the bmw select program, due to the fact that it is affordable, bmw website has my payments at $768 with zero drive off's, does this sound right?

Base MSRP$51,800
Alpine White$0
Black Nevada Leather$1,450
Dark Bamboo wood trim$0
3rd row seat$1,700
Heated front seats$500
Navigation system$1,900
Real Time Traffic Information$0
Roof rails$100
Running boards$300
BMW Assist with Bluetooth$750
Voice-command$0
Destination & Handling:$875
BMW Ultimate Service™
A suite of premium benefits that are included at no cost with all new BMW Vehicles.
4 Years/50,000 Miles WarrantyIncluded
4 Years/50,000 Miles Maintenance ProgramIncluded
4 Years/Unlimited Mileage Roadside Assistance
Total MSRP as Built$59,375

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ard · #2 10-12-2010, 10:47 PM

Truck...truck...?

Oh, you mean the X5....

Run your numbers. Find the "wholesale price list", add up the invoice cost for everything, then add training, maco and delivery- and $500 profit. Punch in the terms into a financing calculator and there you go!

GL

A

blown383 · #3 10-13-2010, 10:53 AM

where is the wholesale chart?

tonycajjo · #4 10-13-2010, 02:04 PM

2 more years and 50K miles warranty for a measly 2,500$ or so... i think it would be worth it.

blown383 · #5 10-13-2010, 04:28 PM

can't i buy that later???

tonycajjo · #6 10-13-2010, 04:30 PM

i think so, but i'm not 100% certain its at the same rate. check with your dealer.

rh71 · #7 10-13-2010, 04:47 PM

Quote:

Originally Posted by tonycajjo

2 more years and 50K miles warranty for a measly 2,500$ or so... i think it would be worth it.

This is the biggest question I have with whether I should do an extended warranty. The years would pass much easier (quicker) than the mileage so essentially I'm paying $2500 immediately to get 2 years coverage. Would common things in year 5 & 6 breaking cost that much that easily? If 1 or 2 items break, am I looking at $2500, easily? Or would they have to be big ticket items?

roadkillrob · #8 10-13-2010, 06:46 PM

The select program is basically just an 8 year loan on a car, 3 years making that payment, then a balloon payment or 5 more years making that payment - in most cases it makes no sense. It is a little cheaper than a lease, but you assume all the risk in the market value in 3 yrs when it is typically worth less than what you owe on it, so now you have a 35000 car you still owe 40000 grand to own, so you have to either pay for it in a balloon payment or up your car payment to pay it off for another 4 - 5 years. You could trade it in, but you are upside down, so makes the next one cost even more. If you lease it, you will be a little more/month, but no risk. If you want to own it, then you should buy it and pay for it for 5 yrs at $1000 a month, if you can't afford $1000/month, then you should lease it or probably look at something less costly. Almost any way you work it, the select program will cost you more in the end unless you are going to make the balloon payment fully at the end, in which case you probably would just buy it and make a lot less payments on it.

wallyx5 · #9 10-13-2010, 08:33 PM

Quote:

Originally Posted by tonycajjo

2 more years and 50K miles warranty for a measly 2,500$ or so... i think it would be worth it.

blown383 · #10 10-13-2010, 10:23 PM

at the end of 3 years can't i refinance or trade in on a new one?

Quote:

Originally Posted by roadkillrob

The select program is basically just an 8 year loan on a car, 3 years making that payment, then a balloon payment or 5 more years making that payment - in most cases it makes no sense. It is a little cheaper than a lease, but you assume all the risk in the market value in 3 yrs when it is typically worth less than what you owe on it, so now you have a 35000 car you still owe 40000 grand to own, so you have to either pay for it in a balloon payment or up your car payment to pay it off for another 4 - 5 years. You could trade it in, but you are upside down, so makes the next one cost even more. If you lease it, you will be a little more/month, but no risk. If you want to own it, then you should buy it and pay for it for 5 yrs at $1000 a month, if you can't afford $1000/month, then you should lease it or probably look at something less costly. Almost any way you work it, the select program will cost you more in the end unless you are going to make the balloon payment fully at the end, in which case you probably would just buy it and make a lot less payments on it.

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