Dear members -
Before I upload my first post, I would like to thank many members for their invaluable tips and insights!
Would you take a look at the following numbers and see if I can do any better?
I am looking to lease the vehicle for 36m/12k mi
Car - 2016 M5 with white ext and orange int.
(I know the current M5 is a dying breed but i think the car itself is still a great driver's car!)
- MSRP = $114895
- Sell price offered by dealer after loyalty credit of $1000 = $104554
- Residual = 62% for 12mi/y
- MF = .00134
- Mo pmt = $1228 with taxes rolled in
(I am paying the mandatory inception fees upfront)
I know the residual went down a bit from October, 2016, but do you think I can shoot for $1100/M? what would be considered a good deal?
Thank you so much!!