Thread: Lease #'s - NJ
View Single Post
      02-26-2013, 06:49 PM   #1
Michael_s
Second Lieutenant
Michael_s's Avatar
54
Rep
254
Posts

Drives: 2013 991 C4S
Join Date: Sep 2010
Location: NNJ

iTrader: (0)

Lease #'s - NJ

Hey guys-

Long time BMW M owner. Currently drive X5M. Getting sick of the SUV thing.

Thinking of getting back into a M5 and there seems to be plenty of inventory around. Made a few local inquiries and the numbers are lower than I thought.

Here's the best deal so far.

MSRP - $104,795 - Includes drivers assistance, Exec, 20's and B&O System

Selling price - 99K minus $1,500 BMW credit minus $750 BMW loyality. Prob get another $500 or so off. Will not push to hard until I'm ready. Don't want to beat them up until I'm 100%.

36 mo / 10K milles / Residual 52%

No cap cost. MF = .00130 (.00125 seems to be buy rate, will get that down)

Out of pocket = $6,500 which is NJ tax, bank fee and first payment

Monthly = $1,390

This is all by phone and have not sat down with the actual lease details, but less than I would have thought. I remember a thread that indicated payments in the 1600+ range.

Is there more room in this deal? Seems like a good deal but you never know with dealers.

Thanks

PS - there is a car that is the same as above plus full leather (107, 995) and dealer says he can beat the above numbers. Waiting for it in writing.
Appreciate 0