Thread: Lease on new m5
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      11-01-2020, 09:32 AM   #3
DrHeLpErZx
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Drives: 2018 BMW M5
Join Date: Jun 2012
Location: Texas

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Quote:
Originally Posted by 7summits View Post
Quote:
Originally Posted by dk79 View Post
I am currently leasing 2018 m5 for 1728 per month including taxes.
Dealership is offering me 2021 m5 competition msrp 117000, 5k down and same monthly lease payment. 12k miles per year.
What do you think I should be paying for lease payments?
I live in Arizona.
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.
Yeah straight up what he said.

Your current monthly is not very good. And obviously that makes your new one, especially with $5k down, pretty terrible.

Follow the advice posted above. That's the way to go.
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