BMW Broker here, Ask Me Anything about car leases/purchases!

dcwjd · 12-28-2020, 01:20 PM

Is there a 7500 mile per year lease option on the M5 now at 60% residual? The dealership I am buying from says they don’t see it.

Next Level Auto Brokers · 12-28-2020, 04:06 PM

it depends on the region.

Here in the Northeast lowest is 10k but I think the South u can do 7500

parabmw · 12-30-2020, 10:08 AM

I'm in ontario canada
I was told 5% off MSRP off 2021 m5c.
Is that good?
Also is this a good time to pick up a 2020 instead?
I'm new to leasing. Usually buy.
What is a good lease deal for 2020 or 2021 m5c and in canada?

Next Level Auto Brokers · 12-30-2020, 06:52 PM

Quote:

Originally Posted by parabmw

I'm in ontario canada
I was told 5% off MSRP off 2021 m5c.
Is that good?
Also is this a good time to pick up a 2020 instead?
I'm new to leasing. Usually buy.
What is a good lease deal for 2020 or 2021 m5c and in canada?

I can't speak for Canada

parabmw · 12-30-2020, 07:49 PM

Quote:

Originally Posted by Next Level Auto Brokers

I can't speak for Canada

What about in USA?
Just for comparison
Also what are the savings for a 2020 vs a 2021 now?
Is there a big upside to get a 2020?

Oswiff · 12-30-2020, 09:58 PM

Thanks to Dan for getting me a great deal on my ordered '21 m5 comp that I took delivery of today.

Dan is always available to speak on the phone and tries his best to keep me in the loop in terms of progress.

The price we agreed to back in October is the deal I signed today, no surprises.

As a first time user of a lease broker I am happy and will definitely reach out again on my next car.

Papaseo82 · 12-31-2020, 03:08 PM

Quote:

Originally Posted by Oswiff

Thanks to Dan for getting me a great deal on my ordered '21 m5 comp that I took delivery of today.

Dan is always available to speak on the phone and tries his best to keep me in the loop in terms of progress.

The price we agreed to back in October is the deal I signed today, no surprises.

As a first time user of a lease broker I am happy and will definitely reach out again on my next car.

Congratulations!
Nice brands hatch grey...
Can brokers also get bmw cca rebates($1000)?

Oswiff · 12-31-2020, 03:37 PM

Quote:

Originally Posted by Papaseo82

Quote:

Originally Posted by Oswiff

Thanks to Dan for getting me a great deal on my ordered '21 m5 comp that I took delivery of today.

Dan is always available to speak on the phone and tries his best to keep me in the loop in terms of progress.

The price we agreed to back in October is the deal I signed today, no surprises.

As a first time user of a lease broker I am happy and will definitely reach out again on my next car.

Congratulations!
Nice brands hatch grey...
Can brokers also get bmw cca rebates($1000)?

I just sent in rebate application this morning. The broker has no effect on the cca rebate.
Just needed to submit lease agreement and odometer disclosure.

dk79 · 01-01-2021, 10:15 AM

My lease on 2018 m5 blue is about to expire in April 2021
Executive, drivers assistance, m sport package
26k miles current, maybe 29k at end of lease.
Buy out price 70k at end of lease.
Whats your opinion?
Don't want to lease again

BlueString · 01-01-2021, 06:51 PM

Quote:

Originally Posted by dk79

My lease on 2018 m5 blue is about to expire in April 2021
Executive, drivers assistance, m sport package
26k miles current, maybe 29k at end of lease.
Buy out price 70k at end of lease.
Whats your opinion?
Don't want to lease again

May I ask why you don't want to lease again? My car is arriving at the end of the month and still deciding whether to purchase or lease. I usually do the former with my past cars but with the M5 being my first M car and with all the tech and performance, a bit worried about long term maintenance past the extended warranty. Even with the warranty, it's a pain to keep dropping it off at the dealer and being in a loaner. However, I read this might be the last gas engine on an M5 so would like this one to be a keeper. I'm torn...

josec70 · 01-01-2021, 07:53 PM

Quote:

Originally Posted by BlueString

Quote:

Originally Posted by dk79

My lease on 2018 m5 blue is about to expire in April 2021
Executive, drivers assistance, m sport package
26k miles current, maybe 29k at end of lease.
Buy out price 70k at end of lease.
Whats your opinion?
Don't want to lease again

May I ask why you don't want to lease again? My car is arriving at the end of the month and still deciding whether to purchase or lease. I usually do the former with my past cars but with the M5 being my first M car and with all the tech and performance, a bit worried about long term maintenance past the extended warranty. Even with the warranty, it's a pain to keep dropping it off at the dealer and being in a loaner. However, I read this might be the last gas engine on an M5 so would like this one to be a keeper. I'm torn...

You can always lease and then purchase at lease end. If you're happy with the car, you keep it and if you're not you return it.

dk79 · 01-02-2021, 07:50 AM

Quote:

Originally Posted by BlueString

May I ask why you don't want to lease again? My car is arriving at the end of the month and still deciding whether to purchase or lease. I usually do the former with my past cars but with the M5 being my first M car and with all the tech and performance, a bit worried about long term maintenance past the extended warranty. Even with the warranty, it's a pain to keep dropping it off at the dealer and being in a loaner. However, I read this might be the last gas engine on an M5 so would like this one to be a keeper. I'm torn...

I was working independently so tax write off, now I am employed thats why.

Next Level Auto Brokers · 01-02-2021, 11:42 AM

Quote:

Originally Posted by dk79

My lease on 2018 m5 blue is about to expire in April 2021
Executive, drivers assistance, m sport package
26k miles current, maybe 29k at end of lease.
Buy out price 70k at end of lease.
Whats your opinion?
Don't want to lease again

I'm not too familiar with used car pricing but if you love the car, keep it?
Negotiate with BMW over the next few months to see if you can get a cheaper buyout?

Next Level Auto Brokers · 01-02-2021, 11:43 AM

Quote:

Originally Posted by Oswiff

Thanks to Dan for getting me a great deal on my ordered '21 m5 comp that I took delivery of today.

Dan is always available to speak on the phone and tries his best to keep me in the loop in terms of progress.

The price we agreed to back in October is the deal I signed today, no surprises.

As a first time user of a lease broker I am happy and will definitely reach out again on my next car.

Thanks @ofwiff!
This is an awesome build, and so glad you went with Brands Hatch over Black!

The carbon pieces look amazing!

Next Level Auto Brokers · 01-07-2021, 08:38 PM

Jan 21 program update:

Residual remains the same

Base MF is now .00086

Big change is that MSD reduction is now .00004 instead of .00005

GT350R · 01-08-2021, 05:00 PM

Dan is awesome! I've never ordered a car through a broker before and was a little concerned in the beginning because the transaction was too smooth. I thought something has to go wrong, this is just too easy of a process. Long story short, 10 weeks from ordering my car finally arrived in NJ and got loaded on a trailer to bring to CA. Dan even helped me with coordinating the shipping. I will never purchase a car through a dealership again! Thank You Dan!

Das BMW · 01-09-2021, 10:08 AM

Thanks for this. I'm contemplating between M5C and M550i in a few facets, but on price, do you find you can get higher discounts on M5C's vs. M550i's? And therefore close the gap between M5C and M550i after it's all said and done? Thanks.

kyrocks · 01-10-2021, 05:39 PM

Looking at an M5C in individual color. Is Invoice plus incentives reasonable?

Next Level Auto Brokers · 01-11-2021, 09:21 AM

Quote:

Originally Posted by kyrocks

Looking at an M5C in individual color. Is Invoice plus incentives reasonable?

8% + incentives is the target

in867 · 01-11-2021, 09:45 AM

Those are some great pictures. What color is that?

Quote:

Originally Posted by GT350R

Dan is awesome! I've never ordered a car through a broker before and was a little concerned in the beginning because the transaction was too smooth. I thought something has to go wrong, this is just too easy of a process. Long story short, 10 weeks from ordering my car finally arrived in NJ and got loaded on a trailer to bring to CA. Dan even helped me with coordinating the shipping. I will never purchase a car through a dealership again! Thank You Dan!

Next Level Auto Brokers · 01-11-2021, 07:01 PM

Quote:

Originally Posted by in867

Those are some great pictures. What color is that?

Donington! It has so many shades to it depending on lighting

AHall · 01-11-2021, 09:16 PM

Very nice Donnington. I was considering the 863m wheel instead of the Y-spoke, but seeing this pictures I think I will stick with the Y-Spoke. The only question is should I go for the carbon fiber side skirts. The only other carbon on the car is the roof so not sure how it will match with the gloss black mirror caps and rear spoiler.

12-28-2020, 01:20 PM	#67
dcwjd Private First Class 29 Rep 113 Posts Drives: 2021 m5 comp Join Date: Mar 2008 Location: Long Island , NY iTrader: (0)	Is there a 7500 mile per year lease option on the M5 now at 60% residual? The dealership I am buying from says they don’t see it.
	Appreciate 0 Quote

12-28-2020, 04:06 PM	#68
Next Level Auto Brokers Captain 1042 Rep 786 Posts Drives: M car specialist Join Date: Apr 2020 Location: NY, NY, CT, PA, MD, VA, DE, MA, NH, VT, FL, GA, SC, NC, MS, TX, CA, WA, NV iTrader: (0)	it depends on the region. Here in the Northeast lowest is 10k but I think the South u can do 7500
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12-30-2020, 10:08 AM	#69
parabmw Major 169 Rep 1,039 Posts Drives: 2018 m4 Join Date: Aug 2013 Location: canada iTrader: (0)	I'm in ontario canada I was told 5% off MSRP off 2021 m5c. Is that good? Also is this a good time to pick up a 2020 instead? I'm new to leasing. Usually buy. What is a good lease deal for 2020 or 2021 m5c and in canada?
	Appreciate 0 Quote

12-30-2020, 09:58 PM	#72
Oswiff First Lieutenant 162 Rep 329 Posts Drives: 2021 m5 comp Join Date: May 2018 Location: New Jersey iTrader: (1)	Thanks to Dan for getting me a great deal on my ordered '21 m5 comp that I took delivery of today. Dan is always available to speak on the phone and tries his best to keep me in the loop in terms of progress. The price we agreed to back in October is the deal I signed today, no surprises. As a first time user of a lease broker I am happy and will definitely reach out again on my next car. Attached Images
	Appreciate 5 Ex_Stig2592.50 Next Level Auto Brokers1041.50 jzmundy991.00 Jamesmick131.00 A.dot236.00 Quote

01-01-2021, 10:15 AM	#75
dk79 First Lieutenant 84 Rep 346 Posts Drives: 2018 F90 M5 Marina bay blue Join Date: Feb 2013 Location: Gilbert, AZ iTrader: (0)	My lease on 2018 m5 blue is about to expire in April 2021 Executive, drivers assistance, m sport package 26k miles current, maybe 29k at end of lease. Buy out price 70k at end of lease. Whats your opinion? Don't want to lease again
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01-07-2021, 08:38 PM	#81
Next Level Auto Brokers Captain 1042 Rep 786 Posts Drives: M car specialist Join Date: Apr 2020 Location: NY, NY, CT, PA, MD, VA, DE, MA, NH, VT, FL, GA, SC, NC, MS, TX, CA, WA, NV iTrader: (0)	Jan 21 program update: Residual remains the same Base MF is now .00086 Big change is that MSD reduction is now .00004 instead of .00005
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01-08-2021, 05:00 PM	#82
GT350R New Member 13 Rep 14 Posts Drives: 2017 X5 Join Date: Oct 2017 Location: Walnut Creek, Ca iTrader: (0)	Dan is awesome! I've never ordered a car through a broker before and was a little concerned in the beginning because the transaction was too smooth. I thought something has to go wrong, this is just too easy of a process. Long story short, 10 weeks from ordering my car finally arrived in NJ and got loaded on a trailer to bring to CA. Dan even helped me with coordinating the shipping. I will never purchase a car through a dealership again! Thank You Dan! Attached Images Last edited by GT350R; 01-08-2021 at 05:06 PM..
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01-09-2021, 10:08 AM	#83
Das BMW Private First Class 68 Rep 105 Posts Drives: - Join Date: Oct 2015 Location: TX iTrader: (0)	Thanks for this. I'm contemplating between M5C and M550i in a few facets, but on price, do you find you can get higher discounts on M5C's vs. M550i's? And therefore close the gap between M5C and M550i after it's all said and done? Thanks.
	Appreciate 0 Quote

01-10-2021, 05:39 PM	#84
kyrocks Lieutenant 1071 Rep 534 Posts Drives: 2023 M3 Touring Join Date: May 2020 Location: Limassol iTrader: (0)	Looking at an M5C in individual color. Is Invoice plus incentives reasonable?
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01-11-2021, 09:16 PM	#88
AHall Lieutenant Colonel 974 Rep 1,795 Posts Drives: 1993 Nissan 240sx Join Date: Oct 2008 Location: Frisco, Texas iTrader: (0)	Very nice Donnington. I was considering the 863m wheel instead of the Y-spoke, but seeing this pictures I think I will stick with the Y-Spoke. The only question is should I go for the carbon fiber side skirts. The only other carbon on the car is the roof so not sure how it will match with the gloss black mirror caps and rear spoiler.
	Appreciate 0 Quote