Quote:
Originally Posted by amg55driver
you can have them bend a little more..
back in Jan, I got quoted for $1430 including 6% MD tax on $118k 2020 M5.
but it was for 36/10k so not sure how 12k will make difference and 6% vs 7% tax.
does your state tax on the whole amount of the car? or just residual amount?
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Running some simple numbers, OP is getting a slightly better deal, if not nearly identical. Adjusted to 10k per vs. 12k and your taxes, OP's payment is around $1425.
Difference in residual is 2% or $2360. Figure $30 a month per $1k that is $71 a month.
Difference in taxes is about $15 a month.
That's about $86 a month off OP's monthly which puts is around $1425 if adjusted to your mileage and tax rate.
I think it's a decent deal gojumatt for a 2020 and in the end, don't stress over less than $100 a month. We all want the best deal but if it's the car you want, with the specs you want, pick it up and enjoy the ride!