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      07-01-2013, 11:50 AM   #1
///M KID
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2014 M5 Lease Quote

What do you guys think about this deal? It took a lot of negotiating to get to this point! Locking in the rate and terms on Monday!

Term 36 months / 12,000 miles per year
Out of Pocket $1,480 (first month's payment)
Residual 52%
MF 0.00127
MSRP $110,925.00
Selling Price $100,700.00
Monthly Payment $1479.88 Including tax

UPDATED
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Last edited by ///M KID; 07-15-2013 at 07:16 PM.. Reason: Updated Deal
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      07-01-2013, 12:52 PM   #2
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Are those the 2014 MF and residuals? Are they now available, or are they just gestimating the residual based off the current 2013 residual? The MF may be a little high unless they went up for July. I think the base MF should be .00127 so there could be a little mark up there. Is this an ED? That could impact the MF along with credit.
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      07-01-2013, 01:07 PM   #3
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This is what my dealer wrote me:

"This is still the June program/ we can lock it in if July/ August program gets better you would get that"

This is not an ED. Is this an ok deal, good deal, or great deal for an ordered 2014?
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      07-01-2013, 01:27 PM   #4
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I dont know what the M5 Money factor is normally but thats 0.00167= 4%. Seems high to me. The residual seems fair.

Last edited by Spinny02; 07-01-2013 at 04:35 PM..
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      07-01-2013, 02:33 PM   #5
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@Spinny02 108,868 includes the $1,750 discounts.
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      07-01-2013, 03:19 PM   #6
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I had a typo so the calc says
http://www.th**********calculator.com

best calc i have found!

also note that your payment listed vs the calc are off by $1750. odd.
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File Type: pdf Screen Shot 2013-07-01 at 4.42.00 PM.png.pdf (289.5 KB, 593 views)

Last edited by Spinny02; 07-01-2013 at 04:52 PM..
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      07-01-2013, 03:31 PM   #7
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Quote:
Originally Posted by Spinny02 View Post
I dont know what the M5 Money factor is normally but thats 0.00167= 4%. Seems high to me. The residual seems fair.

Sales price all in would be around 119,748. (including tax title, tax ext). Thats correct for the sale price of 108,868 less $1750.

So i will soon discus figures with my dealer as well and report finding. How did you get them to get the selling price so low? my dealer is not wanting to budge on MSRP with high optioned car.
I have been shopping dealers a lot. I have also pissed off some dealers! I can give you a name of a dealership who said they would match my current deal. PM me if you want it.

Also, What do you guys think about my current deal on the table?
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      07-01-2013, 06:21 PM   #8
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Quote:
Originally Posted by ///M KID View Post
I have been shopping dealers a lot. I have also pissed off some dealers! I can give you a name of a dealership who said they would match my current deal. PM me if you want it.

Also, What do you guys think about my current deal on the table?
I think it's great. You are getting 8K off sticker right off the bat. I wlsh I waited longer...
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      07-01-2013, 06:48 PM   #9
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That would be awesome if you get the 2013 June MF. I placed an order last month, and didn't even bother asking for the 2013 rates (assumed they would laugh). I don't expect the 2014 July rates to come close to 56% (would be great, though).
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      07-01-2013, 07:25 PM   #10
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Quote:
Originally Posted by eleven11 View Post
That would be awesome if you get the 2013 June MF. I placed an order last month, and didn't even bother asking for the 2013 rates (assumed they would laugh). I don't expect the 2014 July rates to come close to 56% (would be great, though).
So if I can lock this in you think I should?

This is what my dealer told me: "This is still the June program/ we can lock it in if July/ August program gets better you would get that"
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      07-01-2013, 07:28 PM   #11
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=) use your gut feeling.
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      07-01-2013, 07:48 PM   #12
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Quote:
Originally Posted by ///M KID View Post
So if I can lock this in you think I should?

This is what my dealer told me: "This is still the June program/ we can lock it in if July/ August program gets better you would get that"
Absolutely. Sounds like a win-win. Like you said, if it gets better they're apparently going to honor the improved MF.
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      07-05-2013, 07:46 PM   #13
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This is the car I will be ordering:
2014 M5 DCT
300 Alpine White
X3SW Black Full Merino Leather w/Anthracite Alcantara Headliner
4L9 Aluminum Trace Trim
ZDB Driver Assistance Plus
ZEC Executive Package
ZLP Lighting Package
2NZ 20" M light alloy wheels Style 343M
6F2 Bang & Olufsen Sound System
BMW Performance Delivery

MSRP $110,925.00

What do you guys think about this deal? It took a lot of negotiating to get to this point! Locking in the rate and terms on Monday!

Term 36 years / 12,000 miles per year
Out of Pocket $1,499.95 (first month's payment)
Residual 52%
MF 0.00127
MSRP $110,925.00
Selling Price $101,352.00
Monthly Payment $1499.95 Including tax
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      07-05-2013, 07:52 PM   #14
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Congrats!
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      07-05-2013, 08:00 PM   #15
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@Spinny02 Thanks! Let the waiting begin....
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      07-06-2013, 08:11 AM   #16
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Looks good to me! Congrats!
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      07-06-2013, 09:54 AM   #17
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Quote:
Originally Posted by ///M KID
This is what my dealer wrote me:

"This is still the June program/ we can lock it in if July/ August program gets better you would get that"

This is not an ED. Is this an ok deal, good deal, or great deal for an ordered 2014?
Ok deal.
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      07-06-2013, 01:35 PM   #18
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Good time to buy oil prices are climbing, and the fed is slowly removing the printed money from the economy. Bam business are getting concerned hence good deal! Time to buy!
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      07-06-2013, 03:29 PM   #19
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2013 BMW M5 F10  [10.00]
2010 BMW M3 E92  [10.00]
I dunno, 36 years is a long time.
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      07-06-2013, 03:56 PM   #20
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@DesertEagle50 Fixed! 36 months!
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      07-06-2013, 04:33 PM   #21
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Quote:
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I dunno, 36 years is a long time.
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      07-07-2013, 01:04 PM   #22
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??? What state do you live in? What's sales tax those numbers are looking off and that's a good deal whoever you went with went around 8-1000 behind invoice lol. I have mine on order as well I live in New York and I'm 1485 SIGN and drive complete sign and drive no first month and I went 2500 behind.
Just ordered my f10 m5 in sakhir orange
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