01-14-2014, 12:30 PM | #1 |
New Member
0
Rep 19
Posts |
Hello everyone! Quick adivce on a lease
Hello everyone!
Long time lurker and a much longer M5 fan. I have never had an MSeries, First car was a E60 535xi now I'm in a F10 550xi Msport with Dinan Stage 2. But I'm getting ready to pull the trigger on a '14 M5 with MCB Silverstone interior Driver Assist, Executive, Competition package with 601 Wheels. I'm doing my first European Delivery which according to this board is the only way to do it. Was wondering what are you opinions on this lease deal i received 58% Residual 0.00111 MF with MSD Invoice of 96,442 Monthly payment of 1080 + Tax |
01-14-2014, 12:36 PM | #2 |
Yankee Air Pirate
157
Rep 978
Posts |
congrats! sounds like a great build. need more info though...
how many miles per year, how many MSDs are you doing? $96.4 sounds pretty close to $1000 over invoice (mental math in my head, working back from my car), so that sounds like a pretty good deal.
__________________
deposit placed for 2025 G99 ///M5 Touring || 2020 F90///M5 || 2014 F10 ///M5 || My Epic ED trip report|| || 2009 BMW R1200RT
|
Appreciate
0
|
01-14-2014, 12:51 PM | #3 |
New Member
0
Rep 19
Posts |
Hey B1-Pilot saw your ED post which inspired me to do my very own ED :P
I'm doing 7MSD with 10K miles per year since my job is only about 3 miles away from home dont think i need more but if i do ill purchase some miles in advance :P |
Appreciate
0
|
01-14-2014, 01:22 PM | #4 |
Yankee Air Pirate
157
Rep 978
Posts |
ok then.. your residual sounds right for the miles then (and is awesome compared to what I got).
as for MSDs... 7 should give you .00049 off of the rate... the base rate for 2013-14 used to be .00127. Then they add a .00030 for ED.. so your rate should be .00108 I believe, unless the base rate has changed -- my dealer's F&I guy tried to pull a fast one on me here too, so make sure you've got the lowest price too. Finally, I would seriously, seriously consider adding LED lights... I have xenons on my 13 335 and LEDs on the M5... both a great, but the adaptive LEDs when fully coded are one of the best pieces of the technology on the car! Glad my ED report helped! I was just paying it forward from the great ones I've read from other members here... make sure you do the same.
__________________
deposit placed for 2025 G99 ///M5 Touring || 2020 F90///M5 || 2014 F10 ///M5 || My Epic ED trip report|| || 2009 BMW R1200RT
|
Appreciate
0
|
01-14-2014, 01:39 PM | #5 |
Captain
53
Rep 739
Posts |
$96,400 seems way off for invoice on this car. Base is $92,900; add $5,500 for Executive Package, $1,900 for the Drivers Assistance and $7,300 for the CP and you get an invoice of $107,600. And that is without the $1300 gas guzzler tax and the $975 destination charge.
__________________
2014 M5 Competition|Space Grey|Black Merino Full Leather|Anthracite Trim|Executive package|LED Lighting Package|Drivers's Assit Package|B&O Sound System|Bel STiR Plus 9500ci|IND Side Markers and Side Vents|Exhaustmeister|HRE P101 Satin Charcoal/Michelin PSS (Summer)|601/Pirelli Sottozero Serie II (Winter)|Coded by V12
|
Appreciate
0
|
01-14-2014, 01:45 PM | #6 |
Yup
105
Rep 699
Posts |
Base Rate is now .00130
__________________
Oh hello
|
Appreciate
0
|
01-14-2014, 01:51 PM | #8 |
Yankee Air Pirate
157
Rep 978
Posts |
so with ED invoice including guzzler and destination I show him right at $2000 above invoice. With new base rate sounds like his numbers check out!
__________________
deposit placed for 2025 G99 ///M5 Touring || 2020 F90///M5 || 2014 F10 ///M5 || My Epic ED trip report|| || 2009 BMW R1200RT
|
Appreciate
0
|
01-14-2014, 02:02 PM | #9 |
New Member
0
Rep 19
Posts |
LED lights really that good ? Saw a video on them and all it seems to do is turn your high beams on or off. Adjust the angle etc.. i don't know.. I'm sort of on a "Budget" but then again i got everything else whats another 1,900.00... But i think ill pass just doesn't seem worth it to me just like the B&O sound system but i maybe wrong.
|
Appreciate
0
|
01-15-2014, 09:25 AM | #13 |
10873
Rep 27,644
Posts |
^^great wedding present!
__________________
BEFORE YOU BUY YOUR NEXT BMW, EMAIL OUR GUY KOTE FIRST! Kote M Sales:Kotem@bmwofcamarillo.com Cell:805-368-9101 vipfinance@bmwofcamarillo.com for warranties! |
Appreciate
0
|
01-15-2014, 04:01 PM | #15 |
Private First Class
8
Rep 107
Posts |
awesome build, congrats! do it! i too was on the fence about the LED's, but i pulled the trigger to get them on my build. you've got several months to worry about the fine details of your deal and by July there might be a few more loyalty sweeteners from BMW FS with the summer sales...
__________________
I drive an M5!
|
Appreciate
0
|
01-30-2014, 09:25 PM | #16 | |
Banned
52
Rep 502
Posts |
Quote:
|
|
Appreciate
0
|
01-30-2014, 09:42 PM | #17 | ||
Yankee Air Pirate
157
Rep 978
Posts |
Quote:
Need owner with European 2014 LCI with the LED Headlights http://f10.m5post.com/forums/showthread.php?t=906883
__________________
deposit placed for 2025 G99 ///M5 Touring || 2020 F90///M5 || 2014 F10 ///M5 || My Epic ED trip report|| || 2009 BMW R1200RT
|
||
Appreciate
0
|
Post Reply |
Bookmarks |
|
|