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
      05-18-2012, 09:08 AM   #23
DallasLife345M
Captain
United_States
595
Rep
824
Posts

Drives: Uber
Join Date: Sep 2010
Location: None

iTrader: (0)

Quote:
Originally Posted by Rohardi View Post
When I look up this months money factors for all other models, they range from .00155 - .00190. A money factor of .0028 sounds WAY off. I think this dealer might be giving you bad info.
I think he is guesstimating, he doesn't know for sure. Another dealer told me the actual rates should be out the first of June. I'd rather have a worst case scenario and be pleasantly surprised if it's better. Hope for the best, expect the worst.. right?
Appreciate 0
      05-29-2012, 09:08 AM   #24
chillin4now
First Lieutenant
chillin4now's Avatar
United_States
30
Rep
380
Posts

Drives: F15 X5M, 458 Spider
Join Date: Apr 2012
Location: Smocation

iTrader: (0)

Are there any upates on these rates?
Appreciate 0
      05-29-2012, 09:31 AM   #25
cmhsam
Major
97
Rep
1,312
Posts

Drives: 2018 F90 M5
Join Date: Mar 2012
Location: USA

iTrader: (0)

Quote:
Originally Posted by philly-dee View Post
Are there any upates on these rates?
I was at a dealership in Indy on Saturday and they still did not have the info.
Appreciate 0
      06-20-2012, 09:36 AM   #26
Rohardi
Lieutenant
19
Rep
505
Posts

Drives: 2014 Q50S Hybrid
Join Date: Apr 2012
Location: Rhode Island

iTrader: (0)

Any update on residual and money factor?
Appreciate 0
      06-20-2012, 09:45 AM   #27
AGS
Major
AGS's Avatar
496
Rep
1,397
Posts

Drives: 2022 M5 Competition
Join Date: May 2012
Location: NJ

iTrader: (0)

Quote:
Originally Posted by Rohardi View Post
Any update on residual and money factor?
Nothing yet. I soke to my CA Monday. He confirmed he will call me as soon as he hears anything out of BMW FS.
Appreciate 0
      06-20-2012, 10:54 AM   #28
Rohardi
Lieutenant
19
Rep
505
Posts

Drives: 2014 Q50S Hybrid
Join Date: Apr 2012
Location: Rhode Island

iTrader: (0)

fingers crossed for 59-61% with 12,000 miles per year lol
Appreciate 0
      06-20-2012, 11:16 AM   #29
AGS
Major
AGS's Avatar
496
Rep
1,397
Posts

Drives: 2022 M5 Competition
Join Date: May 2012
Location: NJ

iTrader: (0)

Quote:
Originally Posted by Rohardi View Post
fingers crossed for 59-61% with 12,000 miles per year lol
While I have no hard evidence of where BMW FS will come out, I can pass along that all of the people I've spoken to (3 different CAs at 3 different dealerships plus the sales manager at one of the dealerships) are estimating much lower. The consensus seems to be 56% for 12,000 and 57% for 10,000. Just to be complete, the consensus on the money factor is .0019 to .0020.

If you are estimating your payment based on the range you provided, I would recalc at the lower levels. Better to estimate higher payments and be surprised on the upside.
Appreciate 0
      06-20-2012, 11:24 AM   #30
cmhsam
Major
97
Rep
1,312
Posts

Drives: 2018 F90 M5
Join Date: Mar 2012
Location: USA

iTrader: (0)

Quote:
Originally Posted by AGS
Quote:
Originally Posted by Rohardi View Post
fingers crossed for 59-61% with 12,000 miles per year lol
While I have no hard evidence of where BMW FS will come out, I can pass along that all of the people I've spoken to (3 different CAs at 3 different dealerships plus the sales manager at one of the dealerships) are estimating much lower. The consensus seems to be 56% for 12,000 and 57% for 10,000. Just to be complete, the consensus on the money factor is .0019 to .0020.

If you are estimating your payment based on the range you provided, I would recalc at the lower levels. Better to estimate higher payments and be surprised on the upside.
Currently the highest money factor is .00190. Why would BMW increase the money factor for this car and make it stand out against the other models. I would assume that this should be no worse than the m6.
Appreciate 0
      06-20-2012, 11:25 AM   #31
chillin4now
First Lieutenant
chillin4now's Avatar
United_States
30
Rep
380
Posts

Drives: F15 X5M, 458 Spider
Join Date: Apr 2012
Location: Smocation

iTrader: (0)

Those are the exact numbers that I have been advised to expect and have been using in my calcs.
I have also been forewarned not to be too surprised if they come back with a MF of .003 for a highly allocated and new vehicle such as this.
Appreciate 0
      06-20-2012, 11:35 AM   #32
cmhsam
Major
97
Rep
1,312
Posts

Drives: 2018 F90 M5
Join Date: Mar 2012
Location: USA

iTrader: (0)

Quote:
Originally Posted by philly-dee View Post
Those are the exact numbers that I have been advised to expect and have been using in my calcs.
I have also been forewarned not to be too surprised if they come back with a MF of .003 for a highly allocated and new vehicle such as this.
At .003 that's an interest rate of 7.2%. Wow! Does anyone remember what the 1M or M3, when released, had for its MF?

UPDATE: Just spoke with my CA. He told me although nothing is confirmed or published to the dealers that both he and the GSM don't think the residual and MF will be worse than any other M Car today. The lowest residual they have is 53% for 15k miles and a MF of .00190. I mentioned to him about the potential for BMW to inflate the MF and his response was that BMW and BMW FS are in the market to sell cars. Although there may be a high demand for the M5, the orders which have been placed, also are not IP yet and therefore buyers can back out of the deal and BMW would risk losing a significant amount of orders should they try to inflate the financials.

Last edited by cmhsam; 06-20-2012 at 01:47 PM..
Appreciate 0
      06-21-2012, 09:54 AM   #33
cmhsam
Major
97
Rep
1,312
Posts

Drives: 2018 F90 M5
Join Date: Mar 2012
Location: USA

iTrader: (0)

This is my first time doing ED and ordering a car that doesn't have lease rates out yet. When I signed my paperwork and put my deposit down on the car, June 5 2012, I was approved for the lease through BMW FS. When the money factor is released will BMW FS have to do another credit check on me to reapprrove me for the lease? Or once I was approved on 6/5 it's a done process? I am concerned about another inquiry in a short period of time on my credit.
Appreciate 0
      06-21-2012, 10:58 AM   #34
RPiM5
Major General
RPiM5's Avatar
2856
Rep
7,883
Posts

Drives: Mexico Blue F10 M5(Mika)
Join Date: Apr 2012
Location: Sunny San Diego

iTrader: (0)

Quote:
Originally Posted by cmhsam View Post
At .003 that's an interest rate of 7.2%. Wow! Does anyone remember what the 1M or M3, when released, had for its MF?

UPDATE: Just spoke with my CA. He told me although nothing is confirmed or published to the dealers that both he and the GSM don't think the residual and MF will be worse than any other M Car today. The lowest residual they have is 53% for 15k miles and a MF of .00190. I mentioned to him about the potential for BMW to inflate the MF and his response was that BMW and BMW FS are in the market to sell cars. Although there may be a high demand for the M5, the orders which have been placed, also are not IP yet and therefore buyers can back out of the deal and BMW would risk losing a significant amount of orders should they try to inflate the financials.
Interesting. I guess we'll see how it plays out next month.
Appreciate 0
      06-21-2012, 11:04 AM   #35
cmhsam
Major
97
Rep
1,312
Posts

Drives: 2018 F90 M5
Join Date: Mar 2012
Location: USA

iTrader: (0)

Quote:
Originally Posted by RPiM5
Quote:
Originally Posted by cmhsam View Post
At .003 that's an interest rate of 7.2%. Wow! Does anyone remember what the 1M or M3, when released, had for its MF?

UPDATE: Just spoke with my CA. He told me although nothing is confirmed or published to the dealers that both he and the GSM don't think the residual and MF will be worse than any other M Car today. The lowest residual they have is 53% for 15k miles and a MF of .00190. I mentioned to him about the potential for BMW to inflate the MF and his response was that BMW and BMW FS are in the market to sell cars. Although there may be a high demand for the M5, the orders which have been placed, also are not IP yet and therefore buyers can back out of the deal and BMW would risk losing a significant amount of orders should they try to inflate the financials.
Interesting. I guess we'll see how it plays out next month.
July 10 is when the next programs are set to roll out with both the 2013 M5 and M6 data.
Appreciate 0
      06-21-2012, 11:21 AM   #36
RPiM5
Major General
RPiM5's Avatar
2856
Rep
7,883
Posts

Drives: Mexico Blue F10 M5(Mika)
Join Date: Apr 2012
Location: Sunny San Diego

iTrader: (0)

Quote:
Originally Posted by cmhsam View Post
July 10 is when the next programs are set to roll out with both the 2013 M5 and M6 data.
Good info, I have now marked my calendar.
Appreciate 0
      06-21-2012, 11:24 AM   #37
AMPowerJ
One mod leads to another ...
AMPowerJ's Avatar
United_States
415
Rep
2,900
Posts

Drives: 2014 F10 M5
Join Date: Apr 2008
Location: Blythewood, SC

iTrader: (10)

Subscribed
__________________

Current: 2014 F10 M5
Previous: 2015 F80 M3, 2013 E92 M3, 2013 F10 M5, 2009 E90 M3, 1998 E36 M3
Appreciate 0
      06-21-2012, 11:33 AM   #38
cmhsam
Major
97
Rep
1,312
Posts

Drives: 2018 F90 M5
Join Date: Mar 2012
Location: USA

iTrader: (0)

I would assume that there will be no sales support on the MF for this car. I am planning on my regional rate, .0023, + .0003 for the ED since all ED lease MF's are increased by .0003.
Appreciate 0
      06-21-2012, 11:55 AM   #39
AGS
Major
AGS's Avatar
496
Rep
1,397
Posts

Drives: 2022 M5 Competition
Join Date: May 2012
Location: NJ

iTrader: (0)

Quote:
Originally Posted by cmhsam View Post
This is my first time doing ED and ordering a car that doesn't have lease rates out yet. When I signed my paperwork and put my deposit down on the car, June 5 2012, I was approved for the lease through BMW FS. When the money factor is released will BMW FS have to do another credit check on me to reapprrove me for the lease? Or once I was approved on 6/5 it's a done process? I am concerned about another inquiry in a short period of time on my credit.
I wouldn't worry about it. I do not think BMW FS would do a hard credit check twice - they have to pay for each inquiry.

Also, BMW FS is not approving you on such a thin margin that the difference in your payment because of the MF and residual would swing you one way versus the other. They have a reasonable margin for error (in their favor) in the approval process.
Appreciate 0
      06-21-2012, 11:59 AM   #40
cmhsam
Major
97
Rep
1,312
Posts

Drives: 2018 F90 M5
Join Date: Mar 2012
Location: USA

iTrader: (0)

Quote:
Originally Posted by AGS View Post
I wouldn't worry about it. I do not think BMW FS would do a hard credit check twice - they have to pay for each inquiry.

Also, BMW FS is not approving you on such a thin margin that the difference in your payment because of the MF and residual would swing you one way versus the other. They have a reasonable margin for error (in their favor) in the approval process.
Thanks. I was worried about the hard credit check twice...
Appreciate 0
      06-26-2012, 12:31 PM   #41
1MORELAP
Captain
1MORELAP's Avatar
United_States
99
Rep
700
Posts

Drives: '22 911 GTS '19 X3, X5, X7
Join Date: May 2010
Location: Seattle, WA

iTrader: (0)

Are you guys working with Ryan at Steve Thomas BMW? Seems that you are not getting honest answers. He is the go to guy for West Coasters getting M3s...
__________________
I apologize for spelling mistakes up front, they are a result of multitasking.
Appreciate 0
      06-26-2012, 01:24 PM   #42
cmhsam
Major
97
Rep
1,312
Posts

Drives: 2018 F90 M5
Join Date: Mar 2012
Location: USA

iTrader: (0)

Quote:
Originally Posted by 1MORELAP
Are you guys working with Ryan at Steve Thomas BMW? Seems that you are not getting honest answers. He is the go to guy for West Coasters getting M3s...
My CA is great. Knows his stuff and is worth every penny. He is driven by the customer experience. I would recommend him to anyone on the east coast
Appreciate 0
      06-29-2012, 12:24 PM   #43
AGS
Major
AGS's Avatar
496
Rep
1,397
Posts

Drives: 2022 M5 Competition
Join Date: May 2012
Location: NJ

iTrader: (0)

Quote:
Originally Posted by philly-dee View Post
Are there any upates on these rates?
Quote:
Originally Posted by Rohardi View Post
Any update on residual and money factor?
Just announced. See the new thread. Be warned, BMW FS tanked the residuals.

http://f10.m5post.com/forums/showthread.php?t=711879

Quote:
Originally Posted by Rohardi View Post
fingers crossed for 59-61% with 12,000 miles per year lol
Unfortunately no where near that. 50% residual for 12k/year, 3 year lease. See the other thread I referenced.
__________________
Current: 2022 Donnington Grey M5 Competition, 2014 Anvil WW Jeep Wrangler
Previous: 2019 Donnington Grey M5 Competition, 2016 Silverstone M5 CP, 2013 Monte Carlo Blue M5 CP (ED on 9/1/12), 2009 Carbon Black M5, 2006 Silverstone M5, 2003 Sterling Grey M5, 2000 Anthracite 540i6, 1998 Jeep Grand Cherokee 5.9Ltd, 1990 Eagle Talon TSi AWD, 1978 Mazda RX-7
Appreciate 0
      06-29-2012, 12:53 PM   #44
RPiM5
Major General
RPiM5's Avatar
2856
Rep
7,883
Posts

Drives: Mexico Blue F10 M5(Mika)
Join Date: Apr 2012
Location: Sunny San Diego

iTrader: (0)

Quote:
Originally Posted by AGS View Post
Just announced. See the new thread. Be warned, BMW FS tanked the residuals.

http://f10.m5post.com/forums/showthread.php?t=711879



Unfortunately no where near that. 50% residual for 12k/year, 3 year lease. See the other thread I referenced.
Me no likely. Must recalculate payments now.
Appreciate 0
Post Reply

Bookmarks

Tags
2012 bmw m5 lease, 2012 bmw m5 leasing, 2012 m5 lease, 2012 m5 leasing, 2013 bmw m5 lease, 2013 bmw m5 leasing, 2013 m5 lease, 2013 m5 lease money factor, 2013 m5 lease residual, 2013 m5 leasing, 2013 m5 money facotr, 2013 m5 resdual, bmw m5 lease money factor, bmw m5 lease residual, f10 m5 lease, lease f10 m5, lease m5 f10, m5 f10 lease, m5 lease money factor, m5 lease residual, m5 money factor

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



All times are GMT -5. The time now is 05:52 PM.




m5post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
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