03-20-2022, 02:21 PM | #1 |
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Price value proposition
I was recently quoted on a new 540 Ix m sport fairly loaded. 15k/36 months.
Wheel and tire insurance and wear maintenance. Price comparison 2019 lease same terms as above with tax 923.00/month 2022 lease quote same terms as above 1295.00/month I’m just not doing it. I don’t feel the vehicle is worth it. I know prices are up on things but this feels like a gouging to me either by BMW or the dealers (all). Am I wrong ? This is my DD and I do enjoy it but the pricing is driving me away from a new lease. Been in a 5 series 3 36 month leases in a row. Will most likely buy out my lease. I’ve got a good extended warranty through 7/100k from date of purchase. |
03-20-2022, 04:25 PM | #2 |
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Absolutely agree. BMW marketing is taking advantage of public perception/fear of inflation, which simply does not equate to 25% price/lease increases. Nor do supply/chain or chip issues. I am in the same boat with my 2019 540ix coming due. And although I’ve driven BMWs exclusively since 1985, I’m taking a very serious look at Genesis’ offerings.
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03-20-2022, 05:21 PM | #3 | |
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03-20-2022, 06:18 PM | #4 | |
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03-20-2022, 06:58 PM | #5 | |
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For a while, at least, this is the new normal. |
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03-20-2022, 07:56 PM | #6 |
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Drives: 2021 540ix
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Location: NYC/Long Island
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Buy it out if it makes sense. Then like some others have done maybe change out the tail lights to the LCI ones. And if you have the silver pre LCI wheels then get them wrapped in black. Once done will probably look like a 2022.
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03-20-2022, 08:19 PM | #7 | |
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Not sure where you live. My buddy drives a G80. Really nice product but service is a problem. He’s tried all the Dealers in my area and the issue seems to be there are only a few genesis certified mechanics at each Hyundai dealer. As a result wait time are long and also loaNers scarce.
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03-20-2022, 08:23 PM | #8 |
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I’m really happy with how my car looks. I don’t feel the need to dress it like a new model. I am cool with running my car how it is.
I just got used to getting a new car every 36 months plus it’s nice being covered by a worry free warranty. Oh well I’ll make it. Lol. I spend a lot time in the car for work and it’s been a nice perk. Last edited by jsf721; 03-21-2022 at 06:26 AM.. |
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03-21-2022, 02:08 PM | #9 |
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Drives: 2022 M550i
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Wow...the latter quote is close to what my boss paid for his loaded 2019 M550i when he leased it.
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