10-19-2012, 01:09 PM | #1 |
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m5 lease assumption
Hi folks,
my current lease is almost up. 2-3 months to go. right now, i drive a 2010 m3 vert. in the meantime i am looking into some alternatives and pricing... what would be monthly payments for a 2013 m5? 3 years w/12K miles. or if you already leased one, what is ur payments and howmuch down u put? thanks in advance.. koksal |
10-19-2012, 05:16 PM | #2 |
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It's hard to quote a price if you don't specify how you would spec the car, but at full MSRP with the Exec Package and the 20' wheels, your payment would be around $1,690. Subtract about $30 for every $1k you can negotiate off of MSRP. This will get you in the ballpark +/- a few bucks.
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10-19-2012, 05:28 PM | #3 | |
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i am more trying to get some personal experiences actually.. |
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10-19-2012, 05:48 PM | #4 | |
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People can give you their payment level, but honestly it's not that helpful to you unless the car is spec'ed exactly as you would order it and you were able to negotiate the same deal as they got. For example, many people on the board got $1,500 over ED invoice, a deal that is likely not available anymore. These people's payments are likely in the $1,300 to $1,400 range.
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10-19-2012, 06:01 PM | #5 | |
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options make a big difference on the msrp and that changes the number big time.. but if anybody can give some specs along with some ~ numbers would be helpful... |
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10-20-2012, 03:57 PM | #7 |
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10-21-2012, 02:37 PM | #8 |
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i came up with some numbers thru the bmwconfig but still any input would be appriciated.
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01-08-2013, 07:38 AM | #12 | |
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02-09-2013, 03:15 AM | #13 |
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got a quote $98,895 msrp, invoice is $91655 = my price $92655 + tax & license
$3317 down & $1413.66 (includes 9% tax )@ 36 months 12k miles what you guys think? that's $1286 @36 months before tax car only has DCT, executive package and 20" wheels though.. not many options.. I was hoping to get in the $3000 down and $1300 a month range for a more optioned M5.. Possible? |
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02-10-2013, 07:31 AM | #14 | |
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02-10-2013, 10:26 AM | #15 |
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+1. thats a very good deal. only way you will get into that price point you want is to have a dealer sell it for under invoice. prob not going to
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02-11-2013, 04:38 PM | #16 |
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When you say $3k "down" are you referring to a down payment or are you referring to a $3k drive-off, which includes your first payment plus tax, license, etc.? Please remember that there is currently a $1,500 lease incentive by BMW.
This is what I was recently offered: VEHICLE: 2013 BMW M5 Sedan COLOR: Space Gray Metallic UPHOLSTERY: Black / Black Merino Leather Index Description MSRP Base Price $90,200.00 ZDA Driver Assistance Package 1,900.00 ZEC Executive Package 5,500.00 2NZ 20" M Light Alloy Wheels 1,300.00 4CE Anthracite Wood Trim 0.00 Base Price Discount - Pre 1/2013 Inventory -300.00 Estimated Gas Guzzler Tax 1,300.00 Destination and Handling 895.00 TOTAL AS EQUIPPED $100,795.00 SELLING PRICE $94,000.00 Lease Terms Lender BMW Financial Services Term 36 Months Mileage 10,000/year Money Factor 1.3 Residual Factor 52% Selling Price $94,000.00 Total Capitalized Cost $94,000.00 Residual Value $52,413.40 Total Depreciation $41,586.60 Capital Reduction $0.00 Monthly Depreciation $1,155.18 Monthly Rent $190.34 Monthly Payment $1,345.52 Tax (9%) $121.10 Monthly Payment + Tax $1,466.62 License & Registration $747.00 Bank Fee $725.00 Documentation Fee $80.00 First Payment $1,466.62 Security Deposit $0.00 Drive Off $3,091.07 Trade Equity $0.00 Rebate $1,500.00 Due at Signing $1,591.07 |
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02-19-2013, 02:11 PM | #20 |
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