[mjr24]

You people who think FICO is everything are living 10 years ago. They handed me a $60k loan 10 years ago (when I was 23) with pretty much no credit history (literally had store credit cards) and no income verification (and this was a Bentley dealer). The loan got paid off because I made the money but I can see how they probably got burned a lot. It was still something I did while young and stupid. A 550 FICO means nothing if you have 2 mil in the bank and make $750k/year. Likewise, your 760 means nothing on a $120k car if you make $60k year and live with your parents. They want income verification most times (at least the smart ones do). Also, they want to know specifics. They will take an applicant with a 720 who has paid off several $100k car loans any day over the guy with a 750 who got that paying off his Express and Banana Republic cards.

Do the multiple MF's...get the interest down if you have the money lying around. The return is good versus investing that right now anyways. I threw them $10k for my MF's.....had I invested that, I'd probably have lost $2k-4k of that already based on how the market has been in the last year or 18 months.

Those rates suck even if you make $5mil per year, IMHO. $1600 for a car that is going to be an old model in less than 12 mos? No. I'm paying $1,350 for my M6 and that was a 24 month lease with 0 down (and December 2014 so the model was still pretty new as opposed to one they will be giving away in a year). Yes, the new M5 won't be out for 2 years....but it's still going to be an old model in a year. Wouldn't be paying more than $1k for this car per month at this point....especially when others have gotten similar pricing over the last few years on M5's.

Also, some dealers won't do one pay leases because they want the interest money....I offered to do that on my CLS a few years ago just to save on the interest and MBFS wouldn't do it unless it was a normal month to month lease.

Not trying to be a dick.....but if you don't make 6 figures you don't have any business driving a $120k car. You will thank yourself you didn't do it in 5 years. Get a $50-60k car and call it a day.....at your age no one is going to know the difference....you'll have a new 535i and still be way ahead of 99% at your age (and be saving $700/month).