2014 M5 Lease Deal

isugoo · 05-01-2014, 03:22 PM

Hi, I want to see what you guys think of this deal:
MB Blue, Aluminum Trim, Black Interior
- Executive Package
- Lighting Package
- Driver's Assistant Package
- Competition Package
- B&O

MSRP: $115,425
Selling Price: 104,730

Term: 12k/yr x 36 mo

Down: $6,147.00
Monthly: $1181.02 (incl. 8% Tax - 1,093.54 base)
(Rate: 0.0013 / Residual: 0.60)

Yay or Nay?

Drtjxtz · 05-01-2014, 04:29 PM

What's included in the down payment ?
Taxes and fees or this is cup reduction on the selling price ?

rjdoc74 · 05-01-2014, 04:43 PM

"Down" should not be more then $2000 on this car- TTL and first payment. Where is the rest going? I know it's not MSDs.

isugoo · 05-01-2014, 05:05 PM

Quote:

Originally Posted by rjdoc74

"Down" should not be more then $2000 on this car- TTL and first payment. Where is the rest going? I know it's not MSDs.

be honest with you, i know what MSD stands for but no idea what that is..

Manny@autocouture · 05-01-2014, 05:17 PM

Quote:

Originally Posted by isugoo

be honest with you, i know what MSD stands for but no idea what that is..

Multiple security deposit.

36/10 here, same sticker price as yours. $1269/month with just first months payment down.

isugoo · 05-01-2014, 08:58 PM

What would be ideal deal I can get out? I'm planning to pick up this sat.

///SAL · 05-01-2014, 09:08 PM

Quote:

Originally Posted by isugoo

What would be ideal deal I can get out? I'm planning to pick up this sat.

Dont know about that down payment, but where im standing is,
$120,440
10k/36m
$ 3,000 + 7 msd ($9k) due @ signing
$1,250 a month including bmw wheel and tire insurance

bobs619 · 05-01-2014, 10:46 PM

Do it OP. I got the same deal but also got full leather and no comp. So ur deal is better than mine. Went to Encinitas BMW. I worked with Jeremy

biglare · 05-01-2014, 10:53 PM

Tommy, just TELLthem you're putting 2500 down with same terms and you pick it up Saturday!

isugoo · 05-04-2014, 09:45 AM

Quote:

Originally Posted by Lalit@AUTOcouture

Multiple security deposit.

36/10 here, same sticker price as yours. $1269/month with just first months payment down.

Thanks for your advice, I had no idea what MSD was after talking the dealer, it made much more sense. So I did maximum MSD (a bit more than 11.2k) instead of 6k down. This way, my payment stays similar to 6k down but when I return my car, I can get 8.4k back (basically, my drive off was all gov/dealer fee + 1st payment + 8.4k MSD).

Gotta love this forum. Thank you guys!

NlckyBlack · 05-04-2014, 04:58 PM

I wouldn't put down 6k on it. Closer to zero cap cost reduction and shoot for the same payment.

GOLFFRR · 05-04-2014, 05:17 PM

Quote:

Originally Posted by isugoo

Thanks for your advice, I had no idea what MSD was after talking the dealer, it made much more sense. So I did maximum MSD (a bit more than 11.2k) instead of 6k down. This way, my payment stays similar to 6k down but when I return my car, I can get 8.4k back (basically, my drive off was all gov/dealer fee + 1st payment + 8.4k MSD).

Gotta love this forum. Thank you guys!

05-01-2014, 03:22 PM	#1
isugoo Major General 261 Rep 6,125 Posts Drives: 991.2 GTS Join Date: Feb 2008 Location: Irvine, CA iTrader: (73)	2014 M5 Lease Deal - $1181.02/mo (12k/36mo) for $115,425 MSRP Hi, I want to see what you guys think of this deal: MB Blue, Aluminum Trim, Black Interior - Executive Package - Lighting Package - Driver's Assistant Package - Competition Package - B&O MSRP: $115,425 Selling Price: 104,730 Term: 12k/yr x 36 mo Down: $6,147.00 Monthly: $1181.02 (incl. 8% Tax - 1,093.54 base) (Rate: 0.0013 / Residual: 0.60) Yay or Nay? __________________ PAST: F80 M3 ZCP \| 911.1 C2S \| F10 M5 ZCP \| E70 X5M \| E90 M3 \| E46 M3 \| E36 M3
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05-01-2014, 04:29 PM	#2
Drtjxtz Private First Class 190 Rep 162 Posts Drives: BMW Join Date: Feb 2013 Location: Ny iTrader: (0)	What's included in the down payment ? Taxes and fees or this is cup reduction on the selling price ?
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05-01-2014, 04:43 PM	#3
rjdoc74 Private 4 Rep 64 Posts Drives: 2011 X5D Join Date: Aug 2011 Location: LA, CA iTrader: (0)	"Down" should not be more then $2000 on this car- TTL and first payment. Where is the rest going? I know it's not MSDs.
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05-01-2014, 08:58 PM	#6
isugoo Major General 261 Rep 6,125 Posts Drives: 991.2 GTS Join Date: Feb 2008 Location: Irvine, CA iTrader: (73)	What would be ideal deal I can get out? I'm planning to pick up this sat. __________________ PAST: F80 M3 ZCP \| 911.1 C2S \| F10 M5 ZCP \| E70 X5M \| E90 M3 \| E46 M3 \| E36 M3
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05-01-2014, 10:46 PM	#8
bobs619 First Lieutenant 33 Rep 369 Posts Drives: 2014 Saphire Black F10 M5 Join Date: Mar 2011 Location: San Diego iTrader: (0)	Do it OP. I got the same deal but also got full leather and no comp. So ur deal is better than mine. Went to Encinitas BMW. I worked with Jeremy
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05-01-2014, 10:53 PM	#9
biglare Bulldog 501 Rep 3,355 Posts Drives: BMW & Porsche Join Date: May 2008 Location: ? iTrader: (3)	Tommy, just TELLthem you're putting 2500 down with same terms and you pick it up Saturday! __________________ Prev: Individual F80 M3 - Fjord Blue/Silverstone(interior) \| Fashion Grey(exterior) GTS
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05-04-2014, 04:58 PM	#11
NlckyBlack Captain 71 Rep 785 Posts Drives: Too many cars Join Date: Sep 2009 Location: Bergen County, NJ iTrader: (0)	I wouldn't put down 6k on it. Closer to zero cap cost reduction and shoot for the same payment. __________________ 15 E63s 15 991tt 17 GC SRT
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