04-16-2012, 09:56 PM | #1 |
Lieutenant
19
Rep 505
Posts |
Residual and money factor for F10 M5 lease in the US?
What kind of residual and money factor can we expect on the new M5? Has anyone heard anything?
|
04-16-2012, 10:03 PM | #2 |
Captain
70
Rep 693
Posts |
Would just be guessing. The full order guides and pricing is going to be released this week or next (before the order bank opens the week of the 23rd) so we'll know the lease residual and MF soon.
|
Appreciate
0
|
04-16-2012, 10:50 PM | #3 |
Captain
74
Rep 991
Posts
Drives: E92 335, W463 G55
Join Date: Jul 2010
Location: Vineland, NJ
|
I did a comparitive lease for a 7 series, which was approximately $90k msrp as well, and with a $5k down payment, a 2 year lease came to approx $1000/mnth payment. Just for speculation, not the most concrete answer.
__________________
|
Appreciate
0
|
04-17-2012, 11:08 AM | #5 |
Colonel
196
Rep 2,245
Posts
Drives: '16 991.1 911 GTS, '16 F85 X5M
Join Date: Apr 2012
Location: NNJ
|
Thats a pretty good money factor isnt it? If I remember correctly back when I got my C63 they quoted me something like .00375. I remember it equating to nearly 10% APR so I bought it instead.
|
Appreciate
0
|
04-17-2012, 11:55 AM | #6 |
Captain
70
Rep 961
Posts |
It certainly is especially comparing back to the e60 M5's when they first came out. The money factor, and residual on the e60's were so bad that every body bought them. It made no sense to lease it. So stating you get a decent amount of options with a 95k msrp. With a decent or no discount of 2k and decent amount down. You'll be looking at 1k-1300 a month depending on your net cap cost, and whether how many options you get.
|
Appreciate
0
|
04-17-2012, 12:43 PM | #7 | |
Colonel
196
Rep 2,245
Posts
Drives: '16 991.1 911 GTS, '16 F85 X5M
Join Date: Apr 2012
Location: NNJ
|
Quote:
Noob lease question - If you put money down on a lease, do you lose that money in the event you total the car? |
|
Appreciate
0
|
04-17-2012, 01:47 PM | #8 | |
Major
103
Rep 1,312
Posts |
Quote:
|
|
Appreciate
0
|
04-17-2012, 02:41 PM | #9 |
Captain
70
Rep 961
Posts |
Correct, thats why its stupid to put a lot of money down on a lease if you total it you wont get that money back. It's just a matter of if you wanna spend the money now or later.
|
Appreciate
0
|
04-17-2012, 09:48 PM | #10 | |
Captain
70
Rep 693
Posts |
Quote:
|
|
Appreciate
0
|
04-18-2012, 12:17 AM | #11 |
Lieutenant
22
Rep 585
Posts |
In my jurisdiction gap insurance essentially replaces the depreciated car with a brand new one, so I'd just continue making my lease payments on the new car.
|
Appreciate
0
|
05-02-2012, 01:37 PM | #12 |
Colonel
111
Rep 2,163
Posts
Drives: 2020 BMW 330i xDrive
Join Date: Aug 2008
Location: United States
|
The M6 is .00195 and 54% for the 36 months. I think it will be similar.
__________________
Former BMW Client Advisor
|
Appreciate
0
|
05-02-2012, 02:56 PM | #13 |
Lieutenant
19
Rep 505
Posts |
|
Appreciate
0
|
05-02-2012, 03:01 PM | #14 |
Second Lieutenant
35
Rep 287
Posts |
This. Although the M cars are really in a class by themselves so it's hard to extrapolate the regular 6 and 5 series numbers to the M6 and M5.
|
Appreciate
0
|
05-02-2012, 03:50 PM | #15 | ||
Colonel
111
Rep 2,163
Posts
Drives: 2020 BMW 330i xDrive
Join Date: Aug 2008
Location: United States
|
Quote:
Quote:
it's 54% for 15k plus 2% for 12k plus 3% for 10k.
__________________
Former BMW Client Advisor
|
||
Appreciate
0
|
05-04-2012, 08:22 AM | #16 |
Second Lieutenant
57
Rep 290
Posts |
|
Appreciate
0
|
05-04-2012, 08:42 AM | #17 |
Lieutenant
19
Rep 505
Posts |
|
Appreciate
0
|
05-07-2012, 09:43 PM | #18 |
Colonel
196
Rep 2,245
Posts
Drives: '16 991.1 911 GTS, '16 F85 X5M
Join Date: Apr 2012
Location: NNJ
|
Anything official yet?
__________________
2016 991.1 911 Carrera GTS
2016 F85 X5M - Carbon Black/Mugello Red |
Appreciate
0
|
05-17-2012, 04:34 PM | #19 |
Captain
621
Rep 834
Posts |
I emailed my dealer today asking about lease rates, here is his response.
"Sorry Brian. I got tied up this afternoon but I’m now free. Thanks for your patience. The rates and residuals are not out yet for the M5. The platinum interior is the optional individual leather. I built it online with the Silverstone II Extended Merino Leather, the standard leather, and came to $92095. Using that price, the payment should be around $1244 with $10,000 down, plus your TT&L. The taxes and fees total $6,248.24. I would guess that the rate would be 6.5% and the residual would be 55%. When the actual rate comes out and if it’s lower, it will decrease the payment roughly by $57 per interest point. If the residual increases by 1% it will decrease the payment by roughly $22. Once I see the rates, I can send you the exact payment and the figures so you can do an accurate evaluation to see where you will be on the owner’s choice." |
Appreciate
0
|
05-17-2012, 06:30 PM | #20 |
Lieutenant
19
Rep 505
Posts |
|
Appreciate
0
|
05-18-2012, 06:13 AM | #21 |
Colonel
196
Rep 2,245
Posts
Drives: '16 991.1 911 GTS, '16 F85 X5M
Join Date: Apr 2012
Location: NNJ
|
Yes, just under .0028 - the previously mentioned .00195 was just a guess though I believe. If this is the case I would rather finance at 1.99% and buy it.
__________________
2016 991.1 911 Carrera GTS
2016 F85 X5M - Carbon Black/Mugello Red |
Appreciate
0
|
05-18-2012, 06:37 AM | #22 |
Lieutenant
19
Rep 505
Posts |
When I look up this months money factors for all other models, they range from .00155 - .00190. A money factor of .0028 sounds WAY off. I think this dealer might be giving you bad info.
|
Appreciate
0
|
Post Reply |
Bookmarks |
Thread Tools | Search this Thread |
|
|