Thinking about a '13 M5...

ColdList · 03-08-2013, 05:32 PM

lol! I am not sure if there is a minimum. I financed more than that but I chose a random number.

I negotiated the price and was going to stroke a check and the mgr told me about the $750 that was available so I said "here's half" when can I pay it off?" Told me to give them a minimum of 6 mos. Fine my be. Saved a few bucks and helped a guy I know out.

btw...These deals are only for SilverStone cars so you'd be out of luck anyway.

PatrickC23 · 03-08-2013, 05:39 PM

Quote:

Originally Posted by ColdList

lol! I am not sure if there is a minimum. I financed more than that but I chose a random number.

I negotiated the price and was going to stroke a check and the mgr told me about the $750 that was available so I said "here's half" when can I pay it off?" Told me to give them a minimum of 6 mos. Fine my be. Saved a few bucks and helped a guy I know out.

btw...These deals are only for SilverStone cars so you'd be out of luck anyway.

C'mon, you could squeeze one Alpine White in there. For $1500 Id be willing to do a separate financing. My credit union basically gave me a blank check, so I could just make it out for $5k less.

ColdList · 03-08-2013, 05:46 PM

Quote:

Originally Posted by Patsc23

C'mon, you could squeeze one Alpine White in there. For $1500 Id be willing to do a separate financing.

lol! I suppose.

Yeah, figured why not.

Funny thing is that while everyone (including me commented on the Cohiba Interior being hard to resell, if you look at the Official F10 M5 Interior Thread Cohiba Brown seems to be the most prevalent.-lol! Might not be such a bad choice after all.

PatrickC23 · 03-08-2013, 05:50 PM

Quote:

Originally Posted by ColdList

lol! I suppose.

Yeah, figured why not.

Funny thing is that while everyone (including me commented on the Cohiba Interior being hard to resell, if you look at the Official F10 M5 Interior Thread Cohiba Brown seems to be the most prevalent.-lol! Might not be such a bad choice after all.

Brown and Blue is weird though - Cohiba Brown and Alpine White would be really nice.

Niko1414 · 03-08-2013, 06:09 PM

You could always get the car wrapped white

ColdList · 03-08-2013, 06:49 PM

If they only made Silverstone wrap you guys would all be set!-lol!

Agreed on the blue/brown but if he likes it then it's all good. Blue and black or platinum would look nice. There are several slightly owned F10 M5s starting to appear. I would look at a few options before committing. But again if this one suits you then go for it! Don't let us goons talk you out of something you'd enjoy. We are just a bunch of whackjobs who have nothing better to do than hang out in online forums and spit out meaning less random opinions at each other. Sort of creepy huh?

hinckley · 03-08-2013, 06:58 PM

Quote:

Originally Posted by Patsc23

Wait - so could I finance like $5k just to get the $1500 credit?

I financed $10k and got $2250 in discounts! My intent was to just pay it off after 6 months, but at 3.1%, I may just pay it off over time.

ColdList · 03-08-2013, 07:01 PM

Quote:

Originally Posted by hinckley

I financed $10k and got $2250 in discounts! My intent was to just pay it off after 6 months, but at 3.1%, I may just pay it off over time.

Yeah, I started thinking the same thing. Can use the cash to make money elsewhere.

PatrickC23 · 03-08-2013, 07:16 PM

Quote:

Originally Posted by hinckley

I financed $10k and got $2250 in discounts! My intent was to just pay it off after 6 months, but at 3.1%, I may just pay it off over time.

If you pay off the loan early, do you not pay the full interest on the entire loan? Im guessing you only pay interest for the amount of time you're borring correct?

After doing the math, by taking the $1500 credit on a $10k loan and reducing my other loan, I save $1117 (If what I assumed above and pay it off early, Id save even more). Well worth it in my opinion - free M Performance Spoiler + Grills, gills and reflectors. Are you listening IND?

ColdList · 03-08-2013, 07:29 PM

No. The loan is simple interest. You would only pay interest on the days you owned the car during the month that you pay it off with a couple of days worth of interest added to allow for processing. Simple per diem interest calculation.

Pazzo009 · 03-08-2013, 10:33 PM

Please just get a new one. If you have that much money to spend then just get something brand new and exactly the way you want it.

m3fanatic21 · 03-12-2013, 11:46 AM

Quote:

Originally Posted by Niko1414

You could always get the car wrapped white

If anything I would get a Matte black wrap.

bm5bullit · 03-12-2013, 03:19 PM

IMHO - I don't think any of current colors are "average" or blah. Some are just a matter of choice but you still get the rest of what makes up an M5 and that usually never wears out.

NlckyBlack · 03-12-2013, 06:59 PM

Quote:

Originally Posted by m3fanatic21

I see your point guys. I personally did like the brown/black interior.

I was getting quotes for over $100K for this car new with all the options. The bigger rims are a must...

Figured if I could save around $8K it would be worth having 1,100 miles on the car instead of BRAND NEW.

You would also have two owners on the title which isn't great. There are used M5's on cars.com in the 80's

03-08-2013, 05:32 PM	#23
ColdList Brigadier General 154 Rep 3,041 Posts Drives: McLaren 675LT / C7 Z07 Join Date: Jan 2013 Location: Marietta, GA iTrader: (0)	lol! I am not sure if there is a minimum. I financed more than that but I chose a random number. I negotiated the price and was going to stroke a check and the mgr told me about the $750 that was available so I said "here's half" when can I pay it off?" Told me to give them a minimum of 6 mos. Fine my be. Saved a few bucks and helped a guy I know out. btw...These deals are only for SilverStone cars so you'd be out of luck anyway.
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03-08-2013, 06:09 PM	#27
Niko1414 Captain 67 Rep 704 Posts Drives: 720S, s550, S7, 997GT3RS Join Date: Apr 2012 Location: Laguna Beach, CA iTrader: (0)	You could always get the car wrapped white
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03-08-2013, 06:49 PM	#28
ColdList Brigadier General 154 Rep 3,041 Posts Drives: McLaren 675LT / C7 Z07 Join Date: Jan 2013 Location: Marietta, GA iTrader: (0)	If they only made Silverstone wrap you guys would all be set!-lol! Agreed on the blue/brown but if he likes it then it's all good. Blue and black or platinum would look nice. There are several slightly owned F10 M5s starting to appear. I would look at a few options before committing. But again if this one suits you then go for it! Don't let us goons talk you out of something you'd enjoy. We are just a bunch of whackjobs who have nothing better to do than hang out in online forums and spit out meaning less random opinions at each other. Sort of creepy huh?
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03-08-2013, 07:29 PM	#32
ColdList Brigadier General 154 Rep 3,041 Posts Drives: McLaren 675LT / C7 Z07 Join Date: Jan 2013 Location: Marietta, GA iTrader: (0)	No. The loan is simple interest. You would only pay interest on the days you owned the car during the month that you pay it off with a couple of days worth of interest added to allow for processing. Simple per diem interest calculation.
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03-08-2013, 10:33 PM	#33
Pazzo009 Major 1110 Rep 1,314 Posts Drives: X5M,M3(46&36),812SF Join Date: Sep 2009 Location: NY&GA iTrader: (0)	Please just get a new one. If you have that much money to spend then just get something brand new and exactly the way you want it.
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03-12-2013, 03:19 PM	#35
bm5bullit Captain 239 Rep 978 Posts Drives: 2021 BMW M340i Join Date: Jun 2009 Location: Texas iTrader: (0)	IMHO - I don't think any of current colors are "average" or blah. Some are just a matter of choice but you still get the rest of what makes up an M5 and that usually never wears out. __________________ 2021 M340i 2020 X3 M40i - her car 2019 M5, AW, DP's, MSR CAI, BM3, SOLD 2020 Chev. ZR2 Bison truck, Daily Driver
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