[330 CSi]

So I have an offer in hand on a 2024 iX demo. It is advertised as "Used" with less than 3000 miles.

I suspect that it is not eligible for the $9900 or the other BMW Financing offers, but how much off of MSRP should I be getting?

I've read some posts somewhere about people trading in and being told the depreciation is huge.

[VirtualGuitars]

Originally Posted by 330 CSi

So I have an offer in hand on a 2024 iX demo. It is advertised as "Used" with less than 3000 miles.

I suspect that it is not eligible for the $9900 or the other BMW Financing offers, but how much off of MSRP should I be getting?

I've read some posts somewhere about people trading in and being told the depreciation is huge.

The depreciation is incredibly bad. For example, I bought my iX M60 in January of this year for full price (because you could not find them anywhere). MSRP on mine was $120k. When the 2024s came out along with highway assistant and the current lease deals, I did inquire with my dealer about trading mine in for a 2024. Even with the vehicle only being six months old at the time with only 2,000 miles, my trade-in offer was $84,000 for a net loss of $36,000.

This would be a great time to lease one of these with the current offerings.

[330 CSi]

I am weighing all my options.
I could lease a new 2023 or buy this demo 2024.
If the deal on the demo is significantly better than the 2023 it's a no brainer.
If they are close, it's a tougher call.

[VirtualGuitars]

You’re going to take a major hit if you purchase. The depreciation on mine in only six months is far worse than the M550 that I traded in that was four years old. Your trade-in value will be terrible later if you purchase and you will probably end up losing far more in the end. In my personal opinion, leasing is the only way to go with the current deals being offered. I wish I would have waited and leased mine.

I wouldn’t even even consider a 2023 at this point - unless it’s production date was in March. You’re going to wish you had the newer head unit and highway assistant. If you’re still considering the 2023, I would look at the production date to make sure it wasn’t before March.

[330 CSi]

I would lease a new 2023, if I do get one.
If I buy the demo, wouldn't it have taken the depreciation hit already.
How much better is the new head unit? If the build date is 3/23 will it be updatable? I thought it was 4/23.

[exxxviii]

Here is the super simple calc... The leases are discounting the cars by 15% to 20%. Even without the lease, dealers are discounting by up to 10%. Even though you would purchase the demo, it functionally has the indirect lease incentive depreciation built into its depreciation.

So, I would not consider purchasing the demo unless it is discounted at least 20% off MSRP. I would probably aim for 25% off MSRP.

[VirtualGuitars]

Originally Posted by 330 CSi

I would lease a new 2023, if I do get one.
If I buy the demo, wouldn't it have taken the depreciation hit already.
How much better is the new head unit? If the build date is 3/23 will it be updatable? I thought it was 4/23.

The head unit was changed over on the line starting in March. If the vehicle has a March production date or newer, then you will have the newer head unit which is also upgradable to iDrive 8.5.

You want the updated head unit (MGU 22). Trust me. The existing one (MGU 21) was far underpowered which is why they replaced it only two years into production.

[akin67]

Going through a broker, you can get upto a total discount of 20% on the latest build BMW customized exactly the way you want in terms of colors and options and for a subsidized interest rate. You need to determine how much additional discount do you need to get to settle for a used vehicle with older technology that does not necessarily come with your optimal color/feature combination.

[330 CSi]

Are you saying 20% for a custom order and the $9900 incentive or are you factoring that into the 20%?

FYI the demo is a 2024.

[exxxviii]

Originally Posted by 330 CSi

Are you saying 20% for a custom order and the $9900 incentive or are you factoring that into the 20%?

FYI the demo is a 2024.

The total 20% is inclusive of the $9,900. So, dealers are discounting up to 10% (12% on occasional rocking deals). Then the $9,900 bumps the total discount to around 20%.

[330 CSi]

Originally Posted by exxxviii

The total 20% is inclusive of the $9,900. So, dealers are discounting up to 10% (12% on occasional rocking deals). Then the $9,900 bumps the total discount to around 20%.

How much would you think I could get off from MSRP on a NEW 2023?

[VirtualGuitars]

Originally Posted by 330 CSi

How much would you think I could get off from MSRP on a NEW 2023?

I’m not sure why anyone would consider a 2023 this late into the model year. The 2025 iX starts production in March, so why not get a ‘24 that will most certainly have the updated head unit and highway assistant if so equipped. Whatever you do, don’t touch a 2023 that was built before March.

[330 CSi]

Originally Posted by VirtualGuitars

I’m not sure why anyone would consider a 2023 this late into the model year. The 2025 iX starts production in March, so why not get a ‘24 that will most certainly have the updated head unit and highway assistant if so equipped. Whatever you do, don’t touch a 2023 that was built before March.

The reason is money and the relative trade off v. the improved head unit.

How much better is the new head unit. Some say it's incredible; some say the upgrade to 8.5 is just UI improvements.

What is it about the new head unit that you think is so essential?

[exxxviii]

Originally Posted by 330 CSi

How much would you think I could get off from MSRP on a NEW 2023?

I'm not the expert, because I am very new to the iX game too. But when I was doing my back-research from this forum and LeaseHackr, I think 22%, all inclusive, is the best I remember for a 2023. This would be a lease with the $9,900 included in the 22%.

[VirtualGuitars]

Originally Posted by 330 CSi

What is it about the new head unit that you think is so essential?

I urge you to read through this forum on all of the iDrive 8 issues that are still lingering. The older head unit is HIGHLY underpowered. It’s the one I have and why mine has been at the shop for the past two weeks. The newer one has a 2nd processor and is actually capable of running iDrive 8 and IDrive 8.5 properly. You don’t want to buy a vehicle with the older head unit. There’s a reason BMW changed the entire line after only two years in production. The newer one is the same one that’s in the 2024 and all of the i7’s and i5’s. The older head unit is also not upgradable to iDrive 8.5. It’s not powerful enough. It also isn’t capable of highway assistant or AR in the instrument cluster which may or may not matter to you.

I could go on for hours, but I think you get the point. If you’re hell-bent on getting a 2023, make sure it at least has a March production date or newer.

[exxxviii]

Originally Posted by 330 CSi

How much better is the new head unit. Some say it's incredible; some say the upgrade to 8.5 is just UI improvements.

The key is to identify the new features and decide if they matter to you. These are the two new HU/8.5 features that would make it a no-brainer for me:

• Hands-free cruise control up to 80 MPH
• Auto-locking is GPS aware and won't lock your car at home
• Augmented reality overlays of nav instructions on the main screen or instrument panel

The other cards & glitz I do not care as much about.

[darylp310]

Originally Posted by VirtualGuitars

I urge you to read through this forum on all of the iDrive 8 issues that are still lingering. The older head unit is HIGHLY underpowered.

I could go on for hours, but I think you get the point. If you’re hell-bent on getting a 2023, make sure it at least has a March production date or newer.

VirtualGuitars obviously has a ton of passion around this issue, but I've been driving both the 2023 and 2024 iX50 back to back quite recently, and I'd argue there's a strong case to stick with CPO 2023 model if you are able to save some money.

Driving Assistant Professional Package
I have no problem with the 2023 head unit for all my daily tasks: maps, car play, music, phone calls, etc. And comparing the 2023 DAPP to the 2024 Highway Assistant I'd say there's less of a difference than you might think. The fact that you can go hand's free above 40mph is both a blessing and curse. It's a cool trick but the 2024 eye-tracking is extremely strict. It nags you non-stop. I can't even glance at the infotainment screen for 5 seconds without the system freaking out. Also the 2024 DAPP system disengages a lot more randomly compared to the 2023 DAPP system, where I only need to keep a finger on the wheel, but doesn't disengage and thus is more predictable and less stressful to drive.

I might create a whole thread about this and share some videos I've created of my comparison of the 2023 vs 2024 DAPP systems. I've studied this pretty thoroughly over the recent weeks.

Air Suspension
One more thing, the 2024 ix50 model I drove did not have Air Suspension. I didn't think I'd miss it, but I really did. I've become so spoiled with the cushy Rolls Royce type of feeling I've had with my 2023 iX50, and the 2024 without air suspension was noticeably jarring. My passengers couldn't tell the difference, and if I never owned a 2023 beforehand I wouldn't know, but now I'm forever ruined and need air suspension! BTW, it's still quite rare that you'd find 2024 iX50 models with air suspension on the lot, so you'll most likely need to do a custom order.

Integral Active Steering
Also I missed the integral active four wheel steering. If I never drove a 2023 model I wouldn't know what I was missing. But it does just 'feel' better both to have that extra control for both high and low speed maneuvering. The 2023 model just feels more nimble.

In my case, if I were to upgrade to a 2024 model, I might have no chose but to go with the iXM60 so I could get all the features I want. But it's a toss up whether the 2024 iX50 is substantially better than the 2023 model, especially if you can save an additional $10-15K off the top.

[VirtualGuitars]

Originally Posted by darylp310

VirtualGuitars obviously has a ton of passion around this issue, but I've been driving both the 2023 and 2024 iX50 back to back quite recently, and I'd argue there's a strong case to stick with CPO 2023 model if you are able to save some money.

Driving Assistant Professional Package

I have no problem with the 2023 head unit for all my daily tasks: maps, car play, music, phone calls, etc. And comparing the 2023 DAPP to the 2024 Highway Assistant I'd say there's less of a difference than you might think. The fact that you can go hand's free above 40mph is both a blessing and curse. It's a cool trick but the 2024 eye-tracking is extremely strict. It nags you non-stop. I can't even glance at the infotainment screen for 5 seconds without the system freaking out. Also the 2024 DAPP system disengages a lot more randomly compared to the 2023 DAPP system, where I only need to keep a finger on the wheel, but doesn't disengage and thus is more predictable and less stressful to drive.

I might create a whole thread about this and share some videos I've created of my comparison of the 2023 vs 2024 DAPP systems. I've studied this pretty thoroughly over the recent weeks.

Air Suspension
One more thing, the 2024 ix50 model I drove did not have Air Suspension. I didn't think I'd miss it, but I really did. I've become so spoiled with the cushy Rolls Royce type of feeling I've had with my 2023 iX50, and the 2024 without air suspension was noticeably jarring. My passengers couldn't tell the difference, and if I never [...]

I’m just trying to save him future frustration. If he plans on using eSIM, it will push the head unit to the breaking point. BMW can’t figure out what to do next on my vehicle. They can’t swap head units because the wiring harnesses are completely different. Everyone has just gotten used to rebooting iDrive which is now as common as Tesla panel gaps. Everyone seems to just have accepted that this is the way it is now. The head units are made by different suppliers all over the world, and in the US they are made by Alpine (the last time I checked). This seems to be more of an issue in the US.

To the OP, you don’t have to take my advice, but whatever you decide to do best of luck with your decision! iDrive gremlins aside, it is a fantastic vehicle!

[Adrew777]

So I have done what VirtualGuitars was describing and traded my '23 iX50 for a '24 to lease it. In my case, my '23 had many, many small problems related to the iDrive 8.0 and, while I didn't qualify for a lemon law, I asked my dealer to help get me out of it without losing too much money because I feared the value in 3-4 years based on the market and was just tired of rebooting iDrive one or two times a day.

My '23 was $97K and traded, six months later for $70K with 3,000 miles. Luckily, the $9900, the regular dealer discount, and a "courtesy" discount put me in a leased '24 with a $100K sticker for $27 more a month with zero money out of pocket. I can live with that knowing the peace of mind of not having to watch the value fall faster than typical and worry. This was my 16th BMW from them so that did help I am sure.

As for the '23 vs '24, I really thought I missed the air suspension the first day but realized I was being hypercritical with every bump. Was it better? Sure, but the current set up is not bad. I LOVE some of the 8.5 features and the fact that in 3 weeks, not a thing has gone wrong - something I was never able to say about my previous one.

[330 CSi]

Originally Posted by exxxviii

I'm not the expert, because I am very new to the iX game too. But when I was doing my back-research from this forum and LeaseHackr, I think 22%, all inclusive, is the best I remember for a 2023. This would be a lease with the $9,900 included in the 22%.

For an 50 that would be about 12% and the $9900, maybe a little less depending upon equipment. That would equate to about 14% off a M60.

[330 CSi]

Originally Posted by darylp310

VirtualGuitars obviously has a ton of passion around this issue, but I've been driving both the 2023 and 2024 iX50 back to back quite recently, and I'd argue there's a strong case to stick with CPO 2023 model if you are able to save some money.

Driving Assistant Professional Package
I have no problem with the 2023 head unit for all my daily tasks: maps, car play, music, phone calls, etc. And comparing the 2023 DAPP to the 2024 Highway Assistant I'd say there's less of a difference than you might think. The fact that you can go hand's free above 40mph is both a blessing and curse. It's a cool trick but the 2024 eye-tracking is extremely strict. It nags you non-stop. I can't even glance at the infotainment screen for 5 seconds without the system freaking out. Also the 2024 DAPP system disengages a lot more randomly compared to the 2023 DAPP system, where I only need to keep a finger on the wheel, but doesn't disengage and thus is more predictable and less stressful to drive.

I might create a whole thread about this and share some videos I've created of my comparison of the 2023 vs 2024 DAPP systems. I've studied this pretty thoroughly over the recent weeks.

Air Suspension
One more thing, the 2024 ix50 model I drove did not have Air Suspension. I didn't think I'd miss it, but I really did. I've become so spoiled with the cushy Rolls Royce type of feeling I've had with my 2023 iX50, and the 2024 without air suspension was noticeably jarring. My passengers couldn't tell the difference, and if I never owned a 2023 beforehand I wouldn't know, but now I'm forever ruined and need air suspension! BTW, it's still quite rare that you'd find 2024 iX50 models with air suspension on the lot, so you'll most likely need to do a custom order.

Integral Active Steering
Also I missed the integral active four wheel steering. If I never drove a 2023 model I wouldn't know what I was missing. But it does just 'feel' better both to have that extra control for both high and low speed maneuvering. The 2023 model just feels more nimble.

In my case, if I were to upgrade to a 2024 model, I might have no chose but to go with the iXM60 so I could get all the features I want. But it's a toss up whether the 2024 iX50 is substantially better than the 2023 model, especially if you can save an additional $10-15K off the top.

I am thinking of getting a 2023 M60 so I don't have to deal with the reduced equipment of the 2024 50. So I would get the air suspension and (I think) IAS. I would give up the new head unit.

[330 CSi]

Originally Posted by Adrew777

So I have done what VirtualGuitars was describing and traded my '23 iX50 for a '24 to lease it. In my case, my '23 had many, many small problems related to the iDrive 8.0 and, while I didn't qualify for a lemon law, I asked my dealer to help get me out of it without losing too much money because I feared the value in 3-4 years based on the market and was just tired of rebooting iDrive one or two times a day.

My '23 was $97K and traded, six months later for $70K with 3,000 miles. Luckily, the $9900, the regular dealer discount, and a "courtesy" discount put me in a leased '24 with a $100K sticker for $27 more a month with zero money out of pocket. I can live with that knowing the peace of mind of not having to watch the value fall faster than typical and worry. This was my 16th BMW from them so that did help I am sure.

As for the '23 vs '24, I really thought I missed the air suspension the first day but realized I was being hypercritical with every bump. Was it better? Sure, but the current set up is not bad. I LOVE some of the 8.5 features and the fact that in 3 weeks, not a thing has gone wrong - something I was never able to say about my previous one.

I appreciate the advice and the story. 28% depreciation for the 3000 miles.

I also appreciate the difference between the good software and crap. I am sorry you've had that. I just lived through that with my I-Pace.