M5POST
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Go Back   M5POST - BMW M5 Forum > F10 M5 Forum > F10 M5 Pricing, Ordering, Tracking, and European Delivery

Post Reply
 
Thread Tools Search this Thread
      02-26-2013, 07:49 PM   #1
Michael_s
Private First Class
 
Michael_s's Avatar
 
Drives: 2013 991 C4S
Join Date: Sep 2010
Location: NNJ

Posts: 159
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.
Michael_s is offline  
0
Reply With Quote
      02-26-2013, 08:55 PM   #2
PatrickC23
Lieutenant Colonel
 
PatrickC23's Avatar
 
Drives: '13 F10 AW/SO ///M5
Join Date: Apr 2012
Location: NNJ

Posts: 1,749
iTrader: (0)

Garage List
2013 BMW ///M5  [0.00]
Cant help u on the lease but what is the $1500 BMW credit?
__________________
Retired - 2009 C63 l 2007 Supercharged RRS l 2002 e46 SMG ///M3 l 2001 e46 330ci

2013 Alpine White/Sakhir Orange F10 M5 - 20" Modulare Matte Titanium Brushed B18s - Coded by the best, V12
2014 Jeep JKU Wrangler Willys Wheeler W Unlimited - Granite Crystal/Black
PatrickC23 is offline   United_States
0
Reply With Quote
      02-26-2013, 08:58 PM   #3
URBAN LEGEND
Champ
 
URBAN LEGEND's Avatar
 
Drives: '13 M5, '13 ZL1
Join Date: Feb 2009
Location: Houston

Posts: 2,064
iTrader: (0)

You should be able to put no money down and have the same payments. Go see them at 100pm on Thursday the 28. Last day of month. They will move mountains to make deal happen.

Have them make first payment too
__________________
2013 M5-Silverstone
2013 ZL1-Summit White
URBAN LEGEND is offline   United_States
0
Reply With Quote
      02-26-2013, 09:06 PM   #4
Michael_s
Private First Class
 
Michael_s's Avatar
 
Drives: 2013 991 C4S
Join Date: Sep 2010
Location: NNJ

Posts: 159
iTrader: (0)

Quote:
Originally Posted by Patsc23 View Post
Cant help u on the lease but what is the $1500 BMW credit?
February 5 series special. Applies to all 5'ers this month.
Michael_s is offline  
0
Reply With Quote
      02-26-2013, 09:11 PM   #5
Michael_s
Private First Class
 
Michael_s's Avatar
 
Drives: 2013 991 C4S
Join Date: Sep 2010
Location: NNJ

Posts: 159
iTrader: (0)

Quote:
Originally Posted by URBAN LEGEND View Post
You should be able to put no money down and have the same payments. Go see them at 100pm on Thursday the 28. Last day of month. They will move mountains to make deal happen.

Have them make first payment too
Urban-

Thanks for the reply. Other than tax and bank fee I am not putting any money down (cap cost). Are you suggesting "sign and drive" without a penny out of pocket? Dealer lowers price to cover taxes? As it stands, this is only a few dollars over invoice. Maybe they will sell below invoice...... who knows.

Were you able to achieve what you are suggesting? If so, well done.

I agree the last day of the month is best........only better day is 12/31.
Michael_s is offline  
0
Reply With Quote
      02-26-2013, 09:17 PM   #6
URBAN LEGEND
Champ
 
URBAN LEGEND's Avatar
 
Drives: '13 M5, '13 ZL1
Join Date: Feb 2009
Location: Houston

Posts: 2,064
iTrader: (0)

Quote:
Originally Posted by Michael_s View Post
Urban-

Thanks for the reply. Other than tax and bank fee I am not putting any money down (cap cost). Are you suggesting "sign and drive" without a penny out of pocket? Dealer lowers price to cover taxes? As it stands, this is only a few dollars over invoice. Maybe they will sell below invoice...... who knows.

Were you able to achieve what you are suggesting? If so, well done.

I agree the last day of the month is best........only better day is 12/31.
I did on my 11 550i. They will move mountains on the last day of the month.
__________________
2013 M5-Silverstone
2013 ZL1-Summit White
URBAN LEGEND is offline   United_States
0
Reply With Quote
      02-26-2013, 09:21 PM   #7
PatrickC23
Lieutenant Colonel
 
PatrickC23's Avatar
 
Drives: '13 F10 AW/SO ///M5
Join Date: Apr 2012
Location: NNJ

Posts: 1,749
iTrader: (0)

Garage List
2013 BMW ///M5  [0.00]
Quote:
Originally Posted by Michael_s View Post
February 5 series special. Applies to all 5'ers this month.
damnit - hope its extended to March
__________________
Retired - 2009 C63 l 2007 Supercharged RRS l 2002 e46 SMG ///M3 l 2001 e46 330ci

2013 Alpine White/Sakhir Orange F10 M5 - 20" Modulare Matte Titanium Brushed B18s - Coded by the best, V12
2014 Jeep JKU Wrangler Willys Wheeler W Unlimited - Granite Crystal/Black
PatrickC23 is offline   United_States
0
Reply With Quote
      02-26-2013, 09:23 PM   #8
PatrickC23
Lieutenant Colonel
 
PatrickC23's Avatar
 
Drives: '13 F10 AW/SO ///M5
Join Date: Apr 2012
Location: NNJ

Posts: 1,749
iTrader: (0)

Garage List
2013 BMW ///M5  [0.00]
Quote:
Originally Posted by Michael_s View Post
February 5 series special. Applies to all 5'ers this month.
Is there a link to this? I dont see it on BMWUSA. Thx

edit - looks like its only on "in stock 5-series beings lease"
__________________
Retired - 2009 C63 l 2007 Supercharged RRS l 2002 e46 SMG ///M3 l 2001 e46 330ci

2013 Alpine White/Sakhir Orange F10 M5 - 20" Modulare Matte Titanium Brushed B18s - Coded by the best, V12
2014 Jeep JKU Wrangler Willys Wheeler W Unlimited - Granite Crystal/Black
PatrickC23 is offline   United_States
0
Reply With Quote
      02-27-2013, 02:59 PM   #9
pochesq
Lieutenant
 
pochesq's Avatar
 
Drives: 2013 M5
Join Date: Feb 2013
Location: Southern California

Posts: 410
iTrader: (0)

Michael:

You can probably do better. With the same MSRP of $104k, got a Southern Cal dealer to offer $1,500 drive-off (which includes the $1,500 lease promotion) so essentially, 1st month, tax & registration. Payment is $1400 including taxes. I didn't pull the trigger, since so much inventory and I'm thinking it can go down to $1200/month. Maybe I'm just waiting in vain.

Good luck and please post your final deal!
pochesq is online now   United_States
0
Reply With Quote
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 11:11 PM.




m5post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST