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
      07-09-2014, 02:14 PM   #1
azeemtn
Second Lieutenant
33
Rep
231
Posts

Drives: '14 m5, Space Gray
Join Date: Sep 2007
Location: San Jose

iTrader: (0)

Garage List
2015 m5  [0.00]
New Owner 2014 m5, here is my deal if it helps anyone

Hi Everyone,
I am SUPER excited about my car and finally knocking something off my so-called bucket list.

I picked up a 2014 yesterday, here are the particulars.

$112,925 MSRP (EDIT::I have fixed this # twice,sorry about that))
$3K down, covering fees and first month payment.
$1165 with CA Sales Tax 36 month, 12K a year. (~ $1070 w/out tax)
Selling Price was 98,500
Net Cap was 98,535.

I could have gotten the 3K down some, as the dealer had a 925 acquisition fee, plus 109 Doc fees, so someone can probably do even better.

Thanks to all of those who posted residuals and money factors here as well.
The dealer had me at .00170 to start with, before I got him to .00130.
__________________
------------
Everything is just for fun, and may or may not constitue real characters in actual life...
------------

Last edited by azeemtn; 07-15-2014 at 01:43 PM.. Reason: Edited TWICE to get the right MSRP on it..
Appreciate 0
      07-09-2014, 03:10 PM   #2
variable229
Private First Class
23
Rep
161
Posts

Drives: M5
Join Date: Oct 2008
Location: Southern California

iTrader: (0)

Quote:
Originally Posted by azeemtn View Post
Hi Everyone,
I am SUPER excited about my car and finally knocking something off my so-called bucket list.

I picked up a 2014 yesterday, here are the particulars.

$112925 MSRP
$3K down, covering fees and first month payment.
$1165 with CA Sales Tax 36 month, 12K a year. (~ $1070 w/out tax)


I could have gotten the 3K down some, as the dealer had a 925 acquisition fee, plus 109 Doc fees, so someone can probably do even better.

Thanks to all of those who posted residuals and money factors here as well.
The dealer had me at .00170 to start with, before I got him to .00130.
Just curious...

What was your gross capitalized cost / selling price? Was it $102,520?

Why didn't you do 7 Multiple Security Deposits? It would have saved you $3600 (~$100/mo) for a return on additional deposit of $8600 invested over 3 years.
Appreciate 0
      07-09-2014, 04:30 PM   #3
azeemtn
Second Lieutenant
33
Rep
231
Posts

Drives: '14 m5, Space Gray
Join Date: Sep 2007
Location: San Jose

iTrader: (0)

Garage List
2015 m5  [0.00]
Cap is 98,500 or right around there.
I didn't do MSD's because I can use that money in another investment where I need a larger influx of cash. Even though this return is great on the MSD, I needed it for another investment also with good returns.
Here's almost exact #'s.::

MSRP: 112,925 (had a typo of 119K here)
Gross Cap Selling Price: 98,500

Acquistion Fee: 925 (I knew he took $200 here)
Net Cap Cost $98,535.74 (I didn't pay all the acq. fee, but almost all in the down).
Doc Fee: 109
Total License Fees: 759
Taxes: 80.94
Due at signing (first, fees, and I paid 99% of the Acquistion fee) $3000.00

Monthly Base: 855.02
Finance Charge: 216.18
Taxes: 93.73
Monthly w/tax: $1164.93


Does that help any?
__________________
------------
Everything is just for fun, and may or may not constitue real characters in actual life...
------------

Last edited by azeemtn; 07-14-2014 at 11:57 PM..
Appreciate 0
      07-09-2014, 05:19 PM   #4
EdgeCrusher
Private First Class
44
Rep
170
Posts

Drives: M3
Join Date: Dec 2012
Location: Bay Area

iTrader: (0)

I take it you bought the M5 from Stevens Creek?
Appreciate 0
      07-09-2014, 05:59 PM   #5
azeemtn
Second Lieutenant
33
Rep
231
Posts

Drives: '14 m5, Space Gray
Join Date: Sep 2007
Location: San Jose

iTrader: (0)

Garage List
2015 m5  [0.00]
@Edgecrusher - Yes.
__________________
------------
Everything is just for fun, and may or may not constitue real characters in actual life...
------------
Appreciate 0
      07-09-2014, 09:16 PM   #6
cleoent
New Member
0
Rep
9
Posts

Drives: m5
Join Date: Jun 2014
Location: san jose

iTrader: (0)

I was there yesterday, does this look familiar???



Appreciate 0
      07-09-2014, 09:41 PM   #7
8042
Private
8042's Avatar
United_States
53
Rep
95
Posts

Drives: 2016 F80 (M3)
Join Date: Jan 2009
Location: Miami

iTrader: (0)

Congrats. Enjoy and be safe out there. Could you please confirm msrp and final selling price? I noticed two different msrps in the thread. Just trying to get a sense of what you were able to negotiate off msrp. Looks like a smoking deal. Well done!
Appreciate 0
      07-10-2014, 12:52 PM   #8
azeemtn
Second Lieutenant
33
Rep
231
Posts

Drives: '14 m5, Space Gray
Join Date: Sep 2007
Location: San Jose

iTrader: (0)

Garage List
2015 m5  [0.00]
Yes, that was the car at Stevens Creek.

MSRP was 109,925
Selling was 98,500.

I am sure there was still some money on the table as I did almost no negotiating.
They gave me a price, money factor, and fees list, and I said no, and gave them my own price, money factor and fees list. They pretty much agreed to. (Pretty much as in I wanted a selling price of 97,500, but they agreed to all the other things.)
__________________
------------
Everything is just for fun, and may or may not constitue real characters in actual life...
------------
Appreciate 0
      07-10-2014, 01:00 PM   #9
azeemtn
Second Lieutenant
33
Rep
231
Posts

Drives: '14 m5, Space Gray
Join Date: Sep 2007
Location: San Jose

iTrader: (0)

Garage List
2015 m5  [0.00]
sorry @8042, I fixed the first post. MSRP was 109,925
__________________
------------
Everything is just for fun, and may or may not constitue real characters in actual life...
------------
Appreciate 0
      07-10-2014, 02:01 PM   #10
variable229
Private First Class
23
Rep
161
Posts

Drives: M5
Join Date: Oct 2008
Location: Southern California

iTrader: (0)

Quote:
Originally Posted by azeemtn View Post
sorry @8042, I fixed the first post. MSRP was 109,925
You got a great price, it's below invoice for a 2014 M5 and it looks like they applied the $2,500 credit from BMWFS.
Appreciate 0
      07-10-2014, 02:03 PM   #11
azeemtn
Second Lieutenant
33
Rep
231
Posts

Drives: '14 m5, Space Gray
Join Date: Sep 2007
Location: San Jose

iTrader: (0)

Garage List
2015 m5  [0.00]
Yes, I was aware of the credit (this forum absolutely rocks), so I made sure that was applied. Thanks to you guys, I also noticed they had the MF at .00170 and I got them to make it .00130.

I'm still not a big fan of dealers, probably never will be. They were going to try and charge me much more for the car AND jack up the money factor...
__________________
------------
Everything is just for fun, and may or may not constitue real characters in actual life...
------------
Appreciate 0
      07-10-2014, 02:49 PM   #12
Gor@AcutePerformance
Second Lieutenant
9
Rep
285
Posts

Drives: e36 318is
Join Date: Sep 2013
Location: Los Angeles, CA

iTrader: (0)

Congratulations and enjoy in good health
Appreciate 0
      07-12-2014, 01:40 PM   #13
A47
Private First Class
7
Rep
110
Posts

Drives: bmw
Join Date: Sep 2007
Location: White Rock/Blaine

iTrader: (0)

So may I ask what the residual was?Thanks
Appreciate 0
      07-12-2014, 08:48 PM   #14
8042
Private
8042's Avatar
United_States
53
Rep
95
Posts

Drives: 2016 F80 (M3)
Join Date: Jan 2009
Location: Miami

iTrader: (0)

Quote:
Originally Posted by azeemtn
sorry @8042, I fixed the first post. MSRP was 109,925
Thanks so much. Enjoy the car!
Appreciate 0
      07-12-2014, 09:40 PM   #15
M6-Coupe
Major General
M6-Coupe's Avatar
1125
Rep
6,064
Posts

Drives: F92 M8
Join Date: Feb 2014
Location: Bay area

iTrader: (0)

Quote:
Originally Posted by azeemtn View Post
Yes, I was aware of the credit (this forum absolutely rocks), so I made sure that was applied. Thanks to you guys, I also noticed they had the MF at .00170 and I got them to make it .00130.

I'm still not a big fan of dealers, probably never will be. They were going to try and charge me much more for the car AND jack up the money factor...
lol that's their job
I learned my lesson 3 years ago when I got a deal with $200 overpaid monthly... Since then, I have never got any deal above invoice!!!
__________________
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
      07-13-2014, 12:15 AM   #16
azeemtn
Second Lieutenant
33
Rep
231
Posts

Drives: '14 m5, Space Gray
Join Date: Sep 2007
Location: San Jose

iTrader: (0)

Garage List
2015 m5  [0.00]
Residual for me was 67,755 with 12K a year in miles.
__________________
------------
Everything is just for fun, and may or may not constitue real characters in actual life...
------------
Appreciate 0
      07-13-2014, 12:17 AM   #17
azeemtn
Second Lieutenant
33
Rep
231
Posts

Drives: '14 m5, Space Gray
Join Date: Sep 2007
Location: San Jose

iTrader: (0)

Garage List
2015 m5  [0.00]
I took the car out for a drive through the mountain roads today and it was awesome.
I'm still in break-in, so I didn't really get to air it out, but it was still pretty wild. There is so much power, that unless you are in MDM, you are really losing a lot of it with the computer trying to control wheelspin.
__________________
------------
Everything is just for fun, and may or may not constitue real characters in actual life...
------------
Appreciate 0
      07-14-2014, 11:38 PM   #18
azeemtn
Second Lieutenant
33
Rep
231
Posts

Drives: '14 m5, Space Gray
Join Date: Sep 2007
Location: San Jose

iTrader: (0)

Garage List
2015 m5  [0.00]
And I've been so excited, I've totally blown the MSRP and selling price for this deal...

Sticker on the car is 112,925, Selling Price was 98,500.
So sorry guys..
__________________
------------
Everything is just for fun, and may or may not constitue real characters in actual life...
------------
Appreciate 0
      07-15-2014, 12:00 AM   #19
azeemtn
Second Lieutenant
33
Rep
231
Posts

Drives: '14 m5, Space Gray
Join Date: Sep 2007
Location: San Jose

iTrader: (0)

Garage List
2015 m5  [0.00]
I posted more pictures in the new user thread.
Here's a couple of them for this thread..
Attached Images
    
__________________
------------
Everything is just for fun, and may or may not constitue real characters in actual life...
------------
Appreciate 0
      07-15-2014, 10:09 AM   #20
djminkin
Private First Class
15
Rep
195
Posts

Drives:
Join Date: Oct 2007

iTrader: (2)

You seem to have negotiated a nice deal. Can you apply the same math to the sticker on this 2014 Im negotiating? Its been a week long negotiation and they dont seem to want to budge much. Sticker is 115,425.00 I want a 36 month lease 12K a year. Thanks
Appreciate 0
      07-15-2014, 10:17 AM   #21
djminkin
Private First Class
15
Rep
195
Posts

Drives:
Join Date: Oct 2007

iTrader: (2)

Car is in S. Florida BTW. Sales tax is 6%. Ive been around to the three competing dealers in the area and I didnt see too many M5's. None with the comp package which I want.
Appreciate 0
      07-15-2014, 11:46 AM   #22
azeemtn
Second Lieutenant
33
Rep
231
Posts

Drives: '14 m5, Space Gray
Join Date: Sep 2007
Location: San Jose

iTrader: (0)

Garage List
2015 m5  [0.00]
What price are they selling it to you at?
@ sticker, with $109 in Doc Fees, $700 in License Fees, and $795 Acquisition Fees, you are looking at:
$2445.29 due at signing, $1543.65+$92.62 tax = $1636.29 a month.
__________________
------------
Everything is just for fun, and may or may not constitue real characters in actual life...
------------
Appreciate 0
Post Reply

Bookmarks

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 08:43 AM.




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