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      02-11-2013, 06:38 PM   #16
pochesq
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Drives: 2013 M5
Join Date: Feb 2013
Location: Southern California

iTrader: (0)

When you say $3k "down" are you referring to a down payment or are you referring to a $3k drive-off, which includes your first payment plus tax, license, etc.? Please remember that there is currently a $1,500 lease incentive by BMW.

This is what I was recently offered:

VEHICLE: 2013 BMW M5 Sedan COLOR: Space Gray Metallic UPHOLSTERY: Black / Black Merino Leather

Index Description MSRP
Base Price $90,200.00
ZDA Driver Assistance Package 1,900.00
ZEC Executive Package 5,500.00
2NZ 20" M Light Alloy Wheels 1,300.00
4CE Anthracite Wood Trim 0.00
Base Price Discount - Pre 1/2013 Inventory -300.00

Estimated Gas Guzzler Tax 1,300.00
Destination and Handling 895.00
TOTAL AS EQUIPPED $100,795.00
SELLING PRICE $94,000.00

Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 10,000/year
Money Factor 1.3
Residual Factor 52%

Selling Price $94,000.00

Total Capitalized Cost
$94,000.00

Residual Value $52,413.40
Total Depreciation $41,586.60
Capital Reduction $0.00
Monthly Depreciation $1,155.18
Monthly Rent $190.34

Monthly Payment $1,345.52
Tax (9%) $121.10

Monthly Payment + Tax $1,466.62

License & Registration $747.00
Bank Fee $725.00
Documentation Fee $80.00
First Payment $1,466.62
Security Deposit $0.00

Drive Off $3,091.07

Trade Equity $0.00
Rebate $1,500.00

Due at Signing $1,591.07