I would urge you to look at the X5M and/or X5 m50i.

I think at the Cayenne’s large sticker price, both the X5M and the M50i will stand up very well against the upper trims of the Cayenne.

But, if BMW doesn’t suit you, I get that. I would probably aim for the GTS trim or higher. I love Porsche, but BMW does the sporty SUV the right way and the new iDrive is awesome. I’ve had 3 x5’s in the past 5-6 years and they have given me exactly zero issues.

CCB present: “OMG look at this idiot, he bought the CCBs! What a waste!”

CCB not present: “OMG do you not care about resale? No buyer is going to want steel brakes on a $250k car”

PCCB can be optioned in black.

I’m an insurance agent, so I’ll preface my advice with that info. I’m pretty qualified to give an answer re: insurance.

I had my own vehicle hit by a guy that was pulling from a stop sign. It was very minor and mostly cosmetic.

Take pictures of the damage. That tells the story when you decide to move on from the M4. The dealer or party you sell to will want to see them, as the vehicle history will probably just show a minor accident. I’d also recommend keeping receipts and paperwork form the body shop that repairs the bumper.

Keeping documentation for the next owner/dealer will help you avoid taking a big depr hit. Once the next owner can also prove that the accident was very minor, it’ll make it easier for them to sell for a decent price.

As far as diminished value, you can run an online estimate on one of the car sites. Plug in 0 accidents, then plug in 1 minor accident. It’ll give you an idea of how much you’d lose on a trade in. That’s probably a decent place to start.

If its cosmetic, have reasonable expectations. Once you have run a few different online vehicle value estimates, average them out (or take the highest one) and start there. That way when the insurance company asks about your demand, they will see you’ve done your homework and the figure has some thought put into it.

From there, just be reasonable. Have some data to backup your demand and things will go smoothly.

Perhaps I’m confused, but was the car disclosed as pre-owned? I’d think the milage would be a dead giveaway but I don’t want to assume. In reading your post, “suddenly disclosed that the vehicle was a previous lease” can be interpreted a few different ways.

I’m also surprised that they won’t release the car with the title work already completed.