CP worth $200 more per month on a lease?

turbo nick · 12-05-2014, 05:35 AM

I'm looking at 2 2014 M5's which have the exact same options except for the CP. The one with CP is $200 more a month, both with around 26 months left on the lease with about the same residual. If the car holds up like me E36 M3 not like my X5, I'll buy it at the end of the lease. The jury is still out. Of course, if all the window regulators, door handles and a bunch of other annoying things fail like my past X5 I'll drop it off at the dealer at the end of the lease. But lets say the car holds up, is the CP worth $200 a month more?

Thanks in advance for the help

M5essex · 12-05-2014, 06:30 AM

in a word No...

why so much more? the residual value and resale value after your term should be slightly higher than a non CP car and negate some of that cost.

most finance goes up by about £25 a month per £1000 of extras. so they are literally charging you the full £ 8,000 for CP...

my finance only went up by £70 per month when I added CP. so that just about made it worthwhile.

the cars gone now

so i've lost any financial benefit to having CP. but enjoyed it while I had it

turbo nick · 12-05-2014, 06:46 AM

Quote:

Originally Posted by M5essex

in a word No...

why so much more? the residual value and resale value after your term should be slightly higher than a non CP car and negate some of that cost.

most finance goes up by about £25 a month per £1000 of extras. so they are literally charging you the full £ 8,000 for CP...

my finance only went up by £70 per month when I added CP. so that just about made it worthwhile.

the cars gone now

so i've lost any financial benefit to having CP. but enjoyed it while I had it

I guess the guy with the CP didn't get as good a deal as the guy without CP. $70-100 would have been reasonable. That's what is making my decision more difficult.

M5essex · 12-05-2014, 06:50 AM

Quote:

Originally Posted by turbo nick

I guess the guy with the CP didn't get as good a deal as the guy without CP. $70-100 would have been reasonable. That's what is making my decision more difficult.

push the dealer a bit harder Nick to give a better discount/ residual and reduce the monthly spend..

good luck

soooma · 12-05-2014, 09:13 AM

Not 200$ per month maybe 100-125$
But I regret not having CP on my M5 -

My Skype cents

stealth.pilot · 12-05-2014, 10:17 AM

Quote:

Originally Posted by soooma

Not 200$ per month maybe 100-125$
But I regret not having CP on my M5 -

My Skype cents

Odd. I have no regrets not getting the CP. The only regrets I have are not calling up BMW HQ and insisting on an Opal White Interior, Ceramic shifter, and back chrome accents.

soooma · 12-06-2014, 04:03 AM

Quote:

Originally Posted by stealth.pilot

Odd. I have no regrets not getting the CP. The only regrets I have are not calling up BMW HQ and insisting on an Opal White Interior, Ceramic shifter, and back chrome accents.

Hahahaha
Let me put it this way
The beast is naughtiest with CP suit on

M6-Coupe · 12-06-2014, 09:17 PM

CP costs $7300. On the paper (in theory) even with %51 residual, the depreciation is about $3600 which is $100 per month (36 months lease)... but don't look at CP this way ... do you really like CP or not? if yes then go for it! it's only 5.2k (26 months) for a car that has MSRP over 100k right? The joy of ride worth more than that (again if you like CP)

turbo nick · 12-07-2014, 06:23 AM

Quote:

Originally Posted by M6-Coupe

CP costs $7300. On the paper (in theory) even with %51 residual, the depreciation is about $3600 which is $100 per month (36 months lease)... but don't look at CP this way ... do you really like CP or not? if yes then go for it! it's only 5.2k (26 months) for a car that has MSRP over 100k right? The joy of ride worth more than that (again if you like CP)

I like your perspective. Thanks for your input.

Thanks to everyone for their input!

Coletrain · 12-07-2014, 02:16 PM

Are these new leases or are you looking at assuming a lease?

corrado79 · 12-07-2014, 11:31 PM

Does the CP exhaust sound noticeably different than non-CP?

turbo nick · 12-07-2014, 11:40 PM

Quote:

Originally Posted by Coletrain

Are these new leases or are you looking at assuming a lease?

Looking at assuming a 2014. The 2015 lease numbers are terrible right now.

Northern X5M · 12-08-2014, 06:57 PM

Quote:

Originally Posted by corrado79

Does the CP exhaust sound noticeably different than non-CP?

I noticed a bit deeper rumble city driving. On the highway cruising, no difference.

NlckyBlack · 12-08-2014, 08:05 PM

Quote:

Originally Posted by turbo nick

I'm looking at 2 2014 M5's which have the exact same options except for the CP. The one with CP is $200 more a month, both with around 26 months left on the lease with about the same residual. If the car holds up like me E36 M3 not like my X5, I'll buy it at the end of the lease. The jury is still out. Of course, if all the window regulators, door handles and a bunch of other annoying things fail like my past X5 I'll drop it off at the dealer at the end of the lease. But lets say the car holds up, is the CP worth $200 a month more?

Thanks in advance for the help

No, the car is about 97% the same.

corrado79 · 12-09-2014, 12:42 AM

Thanks guys.

12-05-2014, 05:35 AM	#1
turbo nick Registered 0 Rep 4 Posts Drives: Audi S4 Avant, GMC Yukon Join Date: Dec 2014 Location: Las Vegas iTrader: (0)	CP worth $200 more per month on a lease? I'm looking at 2 2014 M5's which have the exact same options except for the CP. The one with CP is $200 more a month, both with around 26 months left on the lease with about the same residual. If the car holds up like me E36 M3 not like my X5, I'll buy it at the end of the lease. The jury is still out. Of course, if all the window regulators, door handles and a bunch of other annoying things fail like my past X5 I'll drop it off at the dealer at the end of the lease. But lets say the car holds up, is the CP worth $200 a month more? Thanks in advance for the help
	Appreciate 0 Tweet Quote

12-05-2014, 06:30 AM	#2
M5essex Lieutenant Colonel 642 Rep 1,700 Posts Drives: RR sport SVR, Vent S, 650s spi Join Date: Jan 2014 Location: Essex UK iTrader: (0)	in a word No... why so much more? the residual value and resale value after your term should be slightly higher than a non CP car and negate some of that cost. most finance goes up by about £25 a month per £1000 of extras. so they are literally charging you the full £ 8,000 for CP... my finance only went up by £70 per month when I added CP. so that just about made it worthwhile. the cars gone now so i've lost any financial benefit to having CP. but enjoyed it while I had it __________________ Current - 2016 McLaren 650s Spider, Aurora Blue Current - 2016 Range Rover Sport SVR- Black Current- 2018 Aventador S. Nereid blue Gone - 2016 F80 CP, 2015 991 Turbo S, 2016 LCI M135i. 2015 F10 CP M5. 2015 X5, 2012 E92 CP M3. 2009 E92 335i
	Appreciate 0 Quote

12-05-2014, 09:13 AM	#5
soooma ///MD 1378 Rep 3,998 Posts Drives: M5 F90 Join Date: Apr 2013 Location: NC iTrader: (1)	Not 200$ per month maybe 100-125$ But I regret not having CP on my M5 - My Skype cents
	Appreciate 0 Quote

12-06-2014, 09:17 PM	#8
M6-Coupe Major General 1125 Rep 6,067 Posts Drives: F92 M8 Join Date: Feb 2014 Location: Bay area iTrader: (0)	CP costs $7300. On the paper (in theory) even with %51 residual, the depreciation is about $3600 which is $100 per month (36 months lease)... but don't look at CP this way ... do you really like CP or not? if yes then go for it! it's only 5.2k (26 months) for a car that has MSRP over 100k right? The joy of ride worth more than that (again if you like CP) __________________ Current : 2020 F92 Black Sapphire M8 - ZF8 Gone : 2018 F80 Mineral Gray M3 - 6MT Gone : 2016 F82 Austin Yellow M4 - 6MT Gone : 2013 F13 Sakhir Orange M6 -7DCT Gone: 2013 F13 Alpine White 650i -ZF8
	Appreciate 0 Quote

12-07-2014, 02:16 PM	#10
Coletrain New Member 2 Rep 9 Posts Drives: 2015 M5 Join Date: Dec 2014 Location: CA iTrader: (0)	Are these new leases or are you looking at assuming a lease?
	Appreciate 0 Quote

12-07-2014, 11:31 PM	#11
corrado79 Second Lieutenant 28 Rep 275 Posts Drives: 2012 E93 M3 Join Date: Jan 2012 Location: Los Angeles iTrader: (1)	Does the CP exhaust sound noticeably different than non-CP? __________________ 2012 BMW E93 M3 \| Mineral White \| 6MT 2013 BMW X5 xDrive35i Sport \| Black Sapphire 2015 BMW F10 M5 \| MCB \| ZCP\| MPE (On Order)
	Appreciate 0 Quote

12-09-2014, 12:42 AM	#15
corrado79 Second Lieutenant 28 Rep 275 Posts Drives: 2012 E93 M3 Join Date: Jan 2012 Location: Los Angeles iTrader: (1)	Thanks guys. __________________ 2012 BMW E93 M3 \| Mineral White \| 6MT 2013 BMW X5 xDrive35i Sport \| Black Sapphire 2015 BMW F10 M5 \| MCB \| ZCP\| MPE (On Order)
	Appreciate 0 Quote