View Single Post
      06-21-2012, 10:58 AM   #34
RPiM5
Major General
RPiM5's Avatar
2867
Rep
7,885
Posts

Drives: Black M5
Join Date: Apr 2012
Location: Earth 616

iTrader: (0)

Quote:
Originally Posted by cmhsam View Post
At .003 that's an interest rate of 7.2%. Wow! Does anyone remember what the 1M or M3, when released, had for its MF?

UPDATE: Just spoke with my CA. He told me although nothing is confirmed or published to the dealers that both he and the GSM don't think the residual and MF will be worse than any other M Car today. The lowest residual they have is 53% for 15k miles and a MF of .00190. I mentioned to him about the potential for BMW to inflate the MF and his response was that BMW and BMW FS are in the market to sell cars. Although there may be a high demand for the M5, the orders which have been placed, also are not IP yet and therefore buyers can back out of the deal and BMW would risk losing a significant amount of orders should they try to inflate the financials.
Interesting. I guess we'll see how it plays out next month.
Appreciate 0