2016 m5 lease decent?

[hexproject]

2016 M5 competiton.

118,795 msrp

$1280 per month with tax
$2800 drive off including 1st month.

3 years, 10k miles

Residual at $72,464.95

$925 aquisition fee

[TrevorM3]

Seems about right for that msrp. Imo. Check my thread below u for comparison. Is the 925 acqu fee rolled into that 2800?

[hexproject]

925 is rolled into the 2800

[momos750]

What is the cap cost?

[Vitacura]

Man, that's the kind of deal I have been looking for. No dealers in my area come close so I have started expanding to board sponsors (Such as Greg) but I am around $1250 with a $110k MSRP with first month, lease acquisition, license/registration and bank fee due at signing. (About $3k total due at signing)

[TrevorM3]

Originally Posted by Vitacura

Man, that's the kind of deal I have been looking for. No dealers in my area come close so I have started expanding to board sponsors (Such as Greg) but I am around $1250 with a $110k MSRP with first month, lease acquisition, license/registration and bank fee due at signing. (About $3k total due at signing)

that's not too bad. I emailed greg and no response back yet. i emailed last week.

[momos750]

I think the payment is high unless the cap cost is MSRP.

My car had an msrp of 136k and my payment is 1275 a month + tax here in California.

[TrevorM3]

dam 140k? fulled loaded out homie. how much was your drive off?


my car only came out to 102k, but looking at 1083 payment... lol.. i may have to give greg a call again if this dealer doesn't contact me by tomorrow 6 pm.

[M6-Coupe]

Originally Posted by momos750

I think the payment is high unless the cap cost is MSRP.

My car had an msrp of 140k and my payment is 1275 a month + tax here in California.

At what sales price or any down payment? I guess you have got about 20k off MSRP

[momos750]

Originally Posted by M6-Coupe

At what sales price or any down payment? I guess you have got about 20k off MSRP

MSRP was right at 136k and cap cost was 117k.
Out the door was first months payment (1275) + acq fee (850 or so, old acq fee prior to increase) + lic (825) = 3k or so for drive off.
I purchased in August of 2015 when MF was still .0013 and residual was high, 69% I believe. I'd have to look at the paperwork to be positive.

[momos750]

Originally Posted by TrevorM3

dam 140k? fulled loaded out homie. how much was your drive off?


my car only came out to 102k, but looking at 1083 payment... lol.. i may have to give greg a call again if this dealer doesn't contact me by tomorrow 6 pm.

Sorry for the exaggeration. 136k, 140k, it's all the same at that price point. Lol

It is well optioned but not fully loaded. Still missing Carbon brakes, night vision, and rear seat entertainment.

And yes Greg Poland is a great guy!! That's who I bought my M5 from.
I'm actually talking with him right now about a new M760 to replace my wife's F02.

[Vitacura]

Originally Posted by TrevorM3

that's not too bad. I emailed greg and no response back yet. i emailed last week.

I would email him again. He's always been prompt with replying to my emails.

I am bummed though as when I first reached out last week he gave me a quote on a custom order M5 with about a 105k MSRP. After talking it over with the family, we added some options bringing the MSRP to 113k, but now the discount has been reduced on it putting me over $1300/month with $3500 due at signing.

Great guy, but I may have to hold off at the moment, go back to thinking of an M3 or shop around some more.

[M6-Coupe]

Originally Posted by momos750

Correct. MSRP was right at 136k and cap cost was 117k.
Out the door was first months payment (1275) + acq fee (850 or so, old acq fee prior to increase) + lic (825) = 3k or so for drive off.
I purchased in August of 2015 when MF was still .0013 and residual was high, 69% I believe. I'd have to look at the paperwork to be positive.

I believe residual has been 59% for your car!
I already posted the formula dealers use to calculate with an example if you are interested:
http://f80.bimmerpost.com/forums/sho....php?t=1084623

[hexproject]

Adjusted cap cost is $106,500

Less than msrp

[M6-Coupe]

Originally Posted by hexproject

Adjusted cap cost is $106,500

Less than msrp

The US invoice of this car is 111k so basically you are offered 5k below invoice for 2016 model which is a good dea.
Just keep in mind the last year production model (2017) will be out in couple months and the next generation (2018) will arrive in US around summer - fall 2017!

[hexproject]

Yeah. But not m5, they are about 2-3 yrs out and 1st year of any new model is questionable.

[TrevorM3]

Originally Posted by momos750

Sorry for the exaggeration. 136k, 140k, it's all the same at that price point. Lol

It is well optioned but not fully loaded. Still missing Carbon brakes, night vision, and rear seat entertainment.

And yes Greg Poland is a great guy!! That's who I bought my M5 from.
I'm actually talking with him right now about a new M760 to replace my wife's F02.

ok going to call him today. still waiting to here back from ST bmw also...

my car was only 102, but if he gave you such a killer price, i'm sure i could add an individual color and it shouldn't kill me too much on price.

[997CABOVA]

Originally Posted by TrevorM3

ok going to call him today. still waiting to here back from ST bmw also...

my car was only 102, but if he gave you such a killer price, i'm sure i could add an individual color and it shouldn't kill me too much on price.

5k for paint on a lease should be under $50 a month. Keep us in the loop GL on the sale.

[TrevorM3]

Originally Posted by 997CABOVA

5k for paint on a lease should be under $50 a month. Keep us in the loop GL on the sale.

thank buddy. i called greg, it's 12ET over here so he's probably just walking into his office. i couldn't wait, had to call. lol, left him a msg.


if he can give me a sick deal on an m6GC i will get that instead. that is what i truly want. but i "settled" for the m5 due to prices being so high on the M6GC.

[momos750]

Originally Posted by TrevorM3

thank buddy. i called greg, it's 12ET over here so he's probably just walking into his office. i couldn't wait, had to call. lol, left him a msg.


if he can give me a sick deal on an m6GC i will get that instead. that is what i truly want. but i "settled" for the m5 due to prices being so high on the M6GC.

M6GC's are badass!! Back seat is small but if you don't need the space it's a great option!

[TrevorM3]

Originally Posted by momos750

M6GC's are badass!! Back seat is small but if you don't need the space it's a great option!

yea man they really are badass. i dont mind the back seat. i just love the 4 door m6. So classy, and i love the curved roof.

[Vic55]

10% off on a 16- is that about right? (10% off msrp)