Quote:
Originally Posted by AGS
Quote:
Originally Posted by TheStig
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.
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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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If only it is possible to get such a deal.
To lease M5 ED with no down and $1200/month.