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      12-31-2012, 06:37 AM   #15
AGS
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Drives: 2022 M5 Competition
Join Date: May 2012
Location: NJ

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Quote:
Originally Posted by TheStig View Post
Hey Guys Just got off the phone with my local BMW Dealer for a F10 M5 i'm more leaning towards a Base car. for around 94k and the one in the showroom he gave me my quote on (GRY/RED) $103k Was not in my intention of buying. but just wanted to see where this car stands.

$6000 Out Of Pocket
12k Miles Per Year
$1601,85 Per Month For 36 Months

I Really Wanna Be Around the $900/$1100 Range Per Month guess it's better off. I Order my car. Let me know what you guys think.
As cmhsam said, you should start at invoice and negotiate what you feel is a fair profit for the dealer to make. Just to give you a base line to work from - a base M5 with no options has a US MSRP of $92,095 and invoice of $84,905 (including destination and gas guzzler tax). At the current MF (.00125) and residuals (50% for 12k), your monthly payment at invoice with no money down is $1,347. If you run the lease calc using ED invoice price of $79,160 you get a payment of $1,165. From here your payments will go up about $29 for every $1,000 of dealer profit you add on top of invoice.

By the way, which dealer are you tasking to? I've worked with a few dealers in both northern and central NJ.
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Current: 2022 Donnington Grey M5 Competition, 2014 Anvil WW Jeep Wrangler
Previous: 2019 Donnington Grey M5 Competition, 2016 Silverstone M5 CP, 2013 Monte Carlo Blue M5 CP (ED on 9/1/12), 2009 Carbon Black M5, 2006 Silverstone M5, 2003 Sterling Grey M5, 2000 Anthracite 540i6, 1998 Jeep Grand Cherokee 5.9Ltd, 1990 Eagle Talon TSi AWD, 1978 Mazda RX-7
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