Thread: Lease on new m5
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      11-01-2020, 08:13 PM   #4
BlueString
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Drives: 2013 550i, 2021 F90 M5
Join Date: Oct 2020
Location: Los Angeles

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Quote:
Originally Posted by 7summits View Post
I think you should tell that dealership to go pound sand.

I just did the math for you using 10% off and base MF and no MSDS...

$1388 a month with AZ tax at 8.05% included and $0 due at signing. Your first month payment, AZ plates at $1950, $599 dealer fee and $925 acquisition fee all included. You could get your monthly down another almost $100 a month if you put 7 MSDs down. I am also not including loyalty or lease to lease incentive.

Only thing you will have to pay is a $500 broker fee and possibly shipping.

Don't ever get a car in AZ. I live here as well.
This is why I’m confused. I’m in LA and my 2021 M5 build has a MSRP $119,825. One of the dealers responded with 2.5% off MSRP (which is shitty) and he quoted me a lease of $1400/month which includes 9.5% LA sales tax. $5000 down and 12k/year. While I’m not getting 8-10% off MSRP like most of you here are, the monthly lease payments are very close to your calculation sample above and LA has a higher sales tax too. I understand I’m required a $5k down. I am leaning towards purchasing but this makes me wonder if negotiating off the MSRP really gets you a good deal since the monthly payments are what is realized at the end.

Am I missing something. It’s been over 8 years since I car shopped so educate me on these tactics dealers are using for these quotes.
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