A letter from the local Dealership

Hirenarora · 08-18-2016, 04:37 PM

My local dealership sent me an email today.
It was regarding my 2014 M5 lease which is ending in December. The letter said to get in a 2016 750i. $5000 off msrp. I am currently 16000 miles over and they were willing to void that too. The deal must be made by end if August. I thought there are no pull ahead programs on M5. Should I call the corporate to see if I can lease from any other dealers or it has to be specific dealers.

Ex_Stig · 08-18-2016, 10:00 PM

That is a terrible deal. They are trying to clear out the left over '16s.

My local dealership is advertising $7k off MSRP on the 750i. We just signed a new lease on one last week. Was going to order a '17, but we got nearly $15k off MSRP on one on the lot almost exactly how we would have ordered it.

Hirenarora · 08-18-2016, 10:03 PM

Thats for the response. I did call BMWNA. They did say to ask other dealers if they would honor it for M5. For some reason BMWNA didn't know about the letter. They said we just send them out to dealers.

mister2d · 08-22-2016, 11:45 AM

Quote:

Originally Posted by GNALUZU

That is a terrible deal. They are trying to clear out the left over '16s.

My local dealership is advertising $7k off MSRP on the 750i. We just signed a new lease on one last week. Was going to order a '17, but we got nearly $15k off MSRP on one on the lot almost exactly how we would have ordered it.

Why is it terrible? He's getting 16K miles voided as part of the new lease deal.

Ex_Stig · 08-22-2016, 12:07 PM

Quote:

Originally Posted by mister2d

Why is it terrible? He's getting 16K miles voided as part of the new lease deal.

The letter was offering $5k off without any knowledge of how many miles he was over on his lease. Even if he were charged $0.20 per mile that is $3,200. $8,200 off of MSRP on a left over '16 is still not a good deal.

Dealers are pushing really hard to clear out the left over '16s now that the '17s are starting to arrive. I am thinking that we could have shaved another grand or two off of our deal if we pushed hard enough.

M6-Coupe · 08-22-2016, 09:34 PM

I just received a letter in mail to offer the trade my 2013 M6 (lease will be ended in 2 weeks) with 2016 750i with 13k off MSRP!

Hirenarora · 08-22-2016, 09:36 PM

Quote:

Originally Posted by M6-Coupe

I just received a letter in mail to offer the trade my 2013 M6 (lease will be ended in 2 weeks) with 2016 750i with 13k off MSRP!

Forward that letter with my name on it.

LI-M5 · 08-23-2016, 01:32 PM

i Gott the letter aswell as 3 email's lol

M5Beast_NYC · 08-24-2016, 02:32 PM

WOW but would you really drop your M5/M6 for a 750? thats a tough sell in itself.

Hirenarora · 08-24-2016, 02:33 PM

Quote:

Originally Posted by M5Beast_NYC

WOW but would you really drop your M5/M6 for a 750? thats a tough sell in itself.

Never

08-18-2016, 04:37 PM	#1
Hirenarora Lieutenant 169 Rep 542 Posts Drives: Bmw Join Date: Apr 2013 Location: Mississippi iTrader: (0)	A letter from the local Dealership My local dealership sent me an email today. It was regarding my 2014 M5 lease which is ending in December. The letter said to get in a 2016 750i. $5000 off msrp. I am currently 16000 miles over and they were willing to void that too. The deal must be made by end if August. I thought there are no pull ahead programs on M5. Should I call the corporate to see if I can lease from any other dealers or it has to be specific dealers.
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08-18-2016, 10:00 PM	#2
Ex_Stig Colonel 2594 Rep 2,683 Posts Drives: '24 X7 M60i Join Date: Jan 2014 Location: Scottsdale, AZ iTrader: (0) Garage List 2024 BMW X7 M60 [10.00]	That is a terrible deal. They are trying to clear out the left over '16s. My local dealership is advertising $7k off MSRP on the 750i. We just signed a new lease on one last week. Was going to order a '17, but we got nearly $15k off MSRP on one on the lot almost exactly how we would have ordered it. __________________ Ex Stig '25 M5 Touring (on the list, first slot) '24 X7 M60i '22 M5 CS - (sold)
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08-18-2016, 10:03 PM	#3
Hirenarora Lieutenant 169 Rep 542 Posts Drives: Bmw Join Date: Apr 2013 Location: Mississippi iTrader: (0)	Thats for the response. I did call BMWNA. They did say to ask other dealers if they would honor it for M5. For some reason BMWNA didn't know about the letter. They said we just send them out to dealers.
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08-22-2016, 09:34 PM	#6
M6-Coupe Major General 1125 Rep 6,067 Posts Drives: F92 M8 Join Date: Feb 2014 Location: Bay area iTrader: (0)	I just received a letter in mail to offer the trade my 2013 M6 (lease will be ended in 2 weeks) with 2016 750i with 13k off MSRP! __________________ 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
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08-23-2016, 01:32 PM	#8
LI-M5 Lieutenant 95 Rep 587 Posts Drives: 2016 M5 Join Date: Sep 2012 Location: South Florida iTrader: (0)	i Gott the letter aswell as 3 email's lol
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08-24-2016, 02:32 PM	#9
M5Beast_NYC Major 158 Rep 1,314 Posts Drives: 15 M5 Join Date: Apr 2010 Location: NYC iTrader: (6)	WOW but would you really drop your M5/M6 for a 750? thats a tough sell in itself.
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