06-29-2012, 10:46 AM | #1 | |
Major
103
Rep 1,312
Posts |
They are announced. 48% residual for 15k. Money factor still pending. As soon as I see it, later today, will update post.
Quote:
The MF buy rate is .00145 with ED customers paying .00175. Last edited by cmhsam; 06-29-2012 at 11:06 AM.. |
|
06-29-2012, 11:19 AM | #3 |
Major
544
Rep 1,417
Posts |
Yeah, that sucks. Nowhere near the 56% most people were expecting.
__________________
Current: 2022 Donnington Grey M5 Competition, 2014 Anvil WW Jeep Wrangler
Previous: 2019 Donnington Grey M5 Competition, 2016 Silverstone M5 CP, 2013 Monte Carlo Blue M5 CP (ED on 9/1/12), 2009 Carbon Black M5, 2006 Silverstone M5, 2003 Sterling Grey M5, 2000 Anthracite 540i6, 1998 Jeep Grand Cherokee 5.9Ltd, 1990 Eagle Talon TSi AWD, 1978 Mazda RX-7 |
Appreciate
0
|
06-29-2012, 11:53 AM | #4 | |
Major
103
Rep 1,312
Posts |
Quote:
|
|
Appreciate
0
|
06-29-2012, 12:12 PM | #5 |
Captain
70
Rep 961
Posts |
Wow, much worse than I had thought, hopefully the money factor will be at least .00160 or better. I definitely thought it would have a better residual than the current AMG's.
|
Appreciate
0
|
06-29-2012, 12:20 PM | #6 | |
Major
544
Rep 1,417
Posts |
Quote:
As a side note, my salesman is shocked at the latest rate sheet. As I was talking to him he was amazed at how they cut residuals across the board on most/all models. It doesn't speak well to BMW's confidence in the long-term value of their product.
__________________
Current: 2022 Donnington Grey M5 Competition, 2014 Anvil WW Jeep Wrangler
Previous: 2019 Donnington Grey M5 Competition, 2016 Silverstone M5 CP, 2013 Monte Carlo Blue M5 CP (ED on 9/1/12), 2009 Carbon Black M5, 2006 Silverstone M5, 2003 Sterling Grey M5, 2000 Anthracite 540i6, 1998 Jeep Grand Cherokee 5.9Ltd, 1990 Eagle Talon TSi AWD, 1978 Mazda RX-7 |
|
Appreciate
0
|
06-29-2012, 02:37 PM | #9 |
Major General
3149
Rep 7,933
Posts |
Where'd you get that from? I don't think this is true.
Last edited by RPiM5; 06-29-2012 at 02:51 PM.. |
Appreciate
0
|
06-29-2012, 02:41 PM | #10 |
Second Lieutenant
121
Rep 250
Posts |
got it directly from my dealer, who also confirmed the residual of 48%. he did say the mf was lower than he thought it would be btw. also, from the original post on bimmerfest, the op that announced the lower residual stated as well that it would be matched with a lower MF for a wash net payment.
call yours as well so we can get confirmation. Last edited by Trips; 06-29-2012 at 02:47 PM.. |
Appreciate
0
|
06-29-2012, 03:02 PM | #12 |
Major General
3149
Rep 7,933
Posts |
|
Appreciate
0
|
06-29-2012, 03:19 PM | #15 |
Major General
3149
Rep 7,933
Posts |
Oh whoops! Sorry dude, I read your post too quick. I thought you said, does the money you put down for MSD's count towards your Money Factor too?
For the Cap Cost, the only thing that can lower that is by negotiation with your dealer on the price of the vehicle. Or if you put down a Cap Cost Reduction, which is nothing more than a downpayment kind of. Cap Cost Reductions, are almost always a bad deal though, because all you are doing is paying the money towards your overall lease, up front. That's like renting an apartment for $500 bucks a month but you pay $1,000 up front to lower your monthly payment to like $475 a month. The MSD's just lower the Money Factor, which in turn lowers your monthly payment, which in turn lowers the amount of money that you spend over all throughout the life of the lease, and then you get all the money back you put down in MSD's. So its a good deal, that is if you don't have some other investment opportunity that will net you a higher return, like in some stock portfolio. |
Appreciate
0
|
06-29-2012, 03:19 PM | #16 | |
Major
544
Rep 1,417
Posts |
Quote:
Each deposit up to a total of 7 lowers the MF by .00007. So if you do all 7 you reduce the MF from .00145 to .00096 (.00007*7=.00049; .00145-.00049=.00096). this works out to roughly a 2.30% rate versus 3.48%.
__________________
Current: 2022 Donnington Grey M5 Competition, 2014 Anvil WW Jeep Wrangler
Previous: 2019 Donnington Grey M5 Competition, 2016 Silverstone M5 CP, 2013 Monte Carlo Blue M5 CP (ED on 9/1/12), 2009 Carbon Black M5, 2006 Silverstone M5, 2003 Sterling Grey M5, 2000 Anthracite 540i6, 1998 Jeep Grand Cherokee 5.9Ltd, 1990 Eagle Talon TSi AWD, 1978 Mazda RX-7 |
|
Appreciate
0
|
06-29-2012, 03:22 PM | #17 |
Major
544
Rep 1,417
Posts |
It is the best deal going in this economy! It works out to a guaranteed, after-tax annual return of 9.4%. If you have a better investment please share it with your M5Post buddies!!
__________________
Current: 2022 Donnington Grey M5 Competition, 2014 Anvil WW Jeep Wrangler
Previous: 2019 Donnington Grey M5 Competition, 2016 Silverstone M5 CP, 2013 Monte Carlo Blue M5 CP (ED on 9/1/12), 2009 Carbon Black M5, 2006 Silverstone M5, 2003 Sterling Grey M5, 2000 Anthracite 540i6, 1998 Jeep Grand Cherokee 5.9Ltd, 1990 Eagle Talon TSi AWD, 1978 Mazda RX-7 |
Appreciate
0
|
06-29-2012, 04:21 PM | #18 | |
Major
103
Rep 1,312
Posts |
Quote:
|
|
Appreciate
0
|
06-29-2012, 04:50 PM | #19 |
Banned
3
Rep 184
Posts |
[QUOTE=the lower residual stated as well that it would be matched with a lower MF for a wash net payment.
[/QUOTE] Not true, the lower residual still ends up at an extra 100 dollars a month with full MSD's. Not to mention that folks which are doing ED are getting penalized an extra .00030 This is one of two things, either BMW is penalizing early buyers of the m5 with shitty residuals. Or they expect it to have the depreciation schedule of a lead balloon. Used car buyers expect to see 3 year old m5's for at least half off, maybe more. |
Appreciate
0
|
06-29-2012, 05:09 PM | #20 | |
Lieutenant
19
Rep 505
Posts |
Quote:
|
|
Appreciate
0
|
06-29-2012, 05:21 PM | #21 |
Banned
3
Rep 184
Posts |
Their version of msrp or above msrp taxation, that every in demand new model gets.
Just like the crap I went through trying to get a 1m and couldn't as I wasn't willing to play along with the shenanigans. By the way, i tried to pick up the 1m long before the first orders were taken. A year from now you will see how those residuals mysteriously turn around in our favor. Same way gas prices mysteriously plummet around the middle of december, to get people to feel comfortable spending, so that retailers can finish off their fiscal year strong. Corporations are greedy in case you haven't noticed. |
Appreciate
0
|
06-29-2012, 05:31 PM | #22 |
Second Lieutenant
35
Rep 287
Posts |
The M5 has the lowest residual of any BMW model including the M6. Does this make any sense for the most anticipated car in BMW's product line?
Even with multiple MSDs, this is going to be a more expensive purchase than I thought. Particularly after rolling the NY sales tax into the lease. I just got a production number, but I may switch over to an M6 Coupe or wait and see what the B7 residuals are next month. |
Appreciate
0
|
Post Reply |
Bookmarks |
|
|