2013 M5 Lease for $899/month!

[Bimmer6]

The deal with 9k is not bad it's basically 1149 per month if leasing is your thing. 41k all in, and get a new car in 36 months. I think some folks fret when they see 9k it's all math, and what makes you happy financially. You can do the same deal with no cash higher payment, and pay more in taxes it's all relative.

[m3fanatic21]

$9K at signing is steep.

[positiveions]

Originally Posted by ///M KID

For those of you who do not believe me...

i am wondering how much cheaper 10k miles a year is

[nockie]

Is anyone still able to get this deal?

[Richard Cranium]

Originally Posted by m3fanatic21

$9K at signing is steep.

Come to Canada. Up here you'd pay around $12K on signing and the monthly payment with tax would be double that of this deal.

I could only wish for that kind of deal up here.

[mwlmd]

Originally Posted by positiveions

i am wondering how much cheaper 10k miles a year is

That usually changes the residual by 2%

[Spinny02]

sure hope your in the 10 part =)

[Kanweezy]

I'm like this, why rent a car

[Bimmer6]

Originally Posted by Skullbussa

FICO of 740 or above? lol...maybe 10 out of 100 people have a score that high. And that is being generous.

825(:

[drewdogg808]

Wouldn't most people shopping for a 100K car have good credit? Hopefully, anyway.

[igom3]

Originally Posted by ///M KID

For those of you who do not believe me...

Doc Fee 699.00? and non tax fees 1165.50?

[ColdList]

Originally Posted by pochesq

I dont know for sure so this involves some speculation using the numbers I see on my own contract which is similar to the posted deal. Assuming selling price is $90k with $102k MSRP and it gets totaled within the first few months with only 2k miles then I would assume insurance will pay FMV of appx $92-$94k. The $9k drive off is comprised of appx $6000 for cap cost reduction so total cap cost is $84k. You would then get the difference of the insurance money of $92k-$94k and the current payoff of $82k. Again these are assumptions on my part but the car is $13k off MSRP so you get that added value against instant depreciation with or without the accident.

Just for full disclosure I got my car brand new with msrp of appx $103k, gross cap cost of $87,388 less $6,400 for cap cost reduction ($8,750 drive off) so net cap cost for me is $80,964. So if I got into an accident and my car was totaled I think I would come out at minimum flat (return of my $8750) and at best with a a few thousand in addition to my drive off.

It is actually a very good deal on the car. However, it is becoming quite common on the 2013. The cap cost reduction is so high purely to get the advertised pmts to such an attractive advertised range, however, net bottom line remains extremely attractive. As for the $9k ("if you get in a wreck"-which is a silly question) is no different than on any lease/purchase, with the exception that you are fully protected by Gap ins. on the lease.

[ColdList]

Originally Posted by Vic55

whats the Performance Delivery again?

Picking car up at BMW Perf Center in Spartanburg, SC. Get to run some laps in comparable cars, etc.

[mjr24]

Meh.....they were giving M5's and M6's away back in 2007 and 2008. I got into a $120k sticker M6 cabrio in 2007 for $799/month and $5k down.....24 month lease. Stupid economy

Looks to be a good deal, though.....even with $9K down.

[pochesq]

Originally Posted by mjr24

Meh.....they were giving M5's and M6's away back in 2007 and 2008. I got into a $120k sticker M6 cabrio in 2007 for $799/month and $5k down.....24 month lease. Stupid economy

Looks to be a good deal, though.....even with $9K down.

I got that deal back in May 2013 when the LCI wasn't even being manufactured yet. I think those deals on a 2013 should be forthcoming as the LCIs continue to land.

[GOLFFRR]

Originally Posted by Vic55

I just was clarifying the other members question---- Im sure 10% is possible even on a 2014.... whats the Performance Delivery again?

Performance center: pick up at the performance center in South Carolina

its an awesome experience and a free option for any new BMW pick up