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      06-26-2013, 10:44 AM   #1
alextse88
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Is this a good lease?

thinking of pulling the trigger on a 2013 M5 that a dealer has on the lot - $108k msrp. $1,360/mo (including tax) at 12k miles/yr w/ min. drive off (approx $2,600 which includes 1st month payment) r... if my calculations are correct i think the selling price of the car would be around $98k. Any thoughts are greatly appreciated!
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      06-26-2013, 10:51 AM   #2
NlckyBlack
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sounds very decent to me
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      06-26-2013, 05:18 PM   #3
Willie_Beamen69
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Not bad
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      06-26-2013, 10:36 PM   #4
m3m3m3
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Quote:
Originally Posted by alextse88 View Post
thinking of pulling the trigger on a 2013 M5 that a dealer has on the lot - $108k msrp. $1,360/mo (including tax) at 12k miles/yr w/ min. drive off (approx $2,600 which includes 1st month payment) r... if my calculations are correct i think the selling price of the car would be around $98k. Any thoughts are greatly appreciated!
What is the payment before tax? It'a hard to say if the payment is good without knowing the tax amount.

But if you are getting $10k off, that's great!
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      06-27-2013, 09:29 AM   #5
alextse88
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payment $1042, interest $204, tax $115 - total out of pocket $1361/mo
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      06-27-2013, 10:52 AM   #6
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Quote:
Originally Posted by alextse88 View Post
payment $1042, interest $204, tax $115 - total out of pocket $1361/mo
Interest is 17% of principal, and tax is just over 10?

what is the money factor, residual, and total term?
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      06-27-2013, 03:03 PM   #7
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That is a good deal.
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      06-27-2013, 09:37 PM   #8
m3m3m3
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Quote:
Originally Posted by alextse88 View Post
payment $1042, interest $204, tax $115 - total out of pocket $1361/mo
Alextse88

That seems pretty good esp since you have 12k miles. Do you mind sharing which dealer you're getting that deal? Thanks
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      06-28-2013, 09:50 AM   #9
alextse88
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m3m3m3 - sent you a pm
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      06-29-2013, 07:06 PM   #10
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Quote:
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m3m3m3 - sent you a pm
hi alex,

would you mind sharing the dealer info also please. TIA.
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