Advice on 2105 M5 Acquisition

[gblansten]

Originally Posted by LakewoodLonghorn

So u guess I am overpaying for my lease at 15k miles a year for 3 years for $1475 a month? It is loaded with everything except ceramic brakes ($118k msrp)

Maybe just a bit depending on taxes.

[240SXFAN]

Originally Posted by irishbimmer

Whom at Pacific BMW did you work with please?
Thx
Bill

Greg Poland @ Pacific is a great guy to deal with.

[Mr_M5Guy]

Originally Posted by LakewoodLonghorn

So u guess I am overpaying for my lease at 15k miles a year for 3 years for $1475 a month? It is loaded with everything except ceramic brakes ($118k msrp)

Wow! That's probably about right if you paid MSRP and have high taxes. Not to, rub it in but I'm enjoying my 14 model at 765/month, no money down.

The absolute best time to get a BMW lease is last year's model. For example I bought my 2014 this past February. Received 20% off.

[irishbimmer]

That would mean you acquired "your M5" at about $60,000 or so?
That's what high $700 payments would roughly estimate-correct?
Implausible.

[guarnibl]

Originally Posted by irishbimmer

That would mean you acquired "your M5" at about $60,000 or so?
That's what high $700 payments would roughly estimate-correct?
Implausible.

There's a lot more to a lease payment than one variable. My guess is the depreciation fee was extremely low due to a 20% discount yet the residual was still fixed by BMW.

[irishbimmer]

Originally Posted by 240SXFAN

Greg Poland @ Pacific is a great guy to deal with.

Thank you!
Bill

[Mr_M5Guy]

Originally Posted by irishbimmer

That would mean you acquired "your M5" at about $60,000 or so?
That's what high $700 payments would roughly estimate-correct?
Implausible.

I got it for 87.5k. You can check my other post for exact details, but I think my rates were 60% residual with MF. 00130

[irishbimmer]

Originally Posted by Mr_M5Guy

I got it for 87.5k. You can check my other post for exact details, but I think my rates were 60% residual with MF. 00130

Nice