Please post your F90 M5 Lease deals

mpresiv5 · 06-16-2018, 08:40 PM

Quote:

Originally Posted by windtendo

Can you post your full lease details and state this is in? That seems crazy high...

He never gave me the full lease details. I just told him we are a few hundred dollars off (at minimum) on the lease. After that, all he did was push me to build a car which I was not interested in doing with him. I live in Maryland. I'll for sure get a quote from another dealer.

ShawnDeeZ · 06-27-2018, 11:12 AM

Quote:

Originally Posted by mpresiv5

Quote:

Originally Posted by windtendo

Can you post your full lease details and state this is in? That seems crazy high...

He never gave me the full lease details. I just told him we are a few hundred dollars off (at minimum) on the lease. After that, all he did was push me to build a car which I was not interested in doing with him. I live in Maryland. I'll for sure get a quote from another dealer.

Same thing with me in Dallas, TX.

M5
$122k msrp
36 months
10k miles
$2,400 down
$1,900 a month

I was willing to pay $1,600. Did not make a deal, I own a 2016 M3 so I settled for a 2018 750i at another dealer for $1,300 a month (msrp $109k, 10k miles, 36 months, $1,700 down).

I really wanted to have an M3 and M5, but I am not going to get ripped off... want/needed a second car. I know you can't compare an M5 to a 750i but I would rather save $600 and still drive a $109k car.

mpresiv5 · 06-27-2018, 08:11 PM

I'm holding off on leasing until my lease expires in August. Dealers will be pushing more discounts with the 2019 models rolling out soon. I wish they redesigned the Gran Coupe this year- it was 10x's better compared to my previous F10 M5.

aas5 · 07-03-2018, 08:34 AM

Quote:

Originally Posted by Solarium

Went to the dealership today and got this:

Residual 58%
Money factor: 0.00206
MSRP: $111,600
$113k with destination fees
Monthly payment (with $2000 1st month): $1816 (including fees and taxes)

What do you guys think about the MF, isn’t it pretty high? The monthly payment is what I expected though. They also can’t find any rebates, does anyone have the link for the $3000 rebates so I can email him? FWIW, I think the lease quote you got is way to high for the $111.6K car and reflects the fact that it's just new to the market and everyone wants it. I think you should be able to get it for ~$500 a month less later this year. I would consider extending my current lease to bridge to the time when the M5 leases are more reasonably priced unless you must have it now.

Thanks

The MSDs are back for a limited time if you lease from a dealer on the East Coast. I would highly recommend doing that as it's about a 10% return on your money. David Aviles is now on the East Coast and I assume should be able to help. Let me know if you need his info - he used to be in CA and was top M salesman for a number of years.

windtendo · 07-03-2018, 09:52 AM

Quote:

Originally Posted by aas5

The MSDs are back for a limited time if you lease from a dealer on the East Coast. I would highly recommend doing that as it's about a 10% return on your money. David Aviles is now on the East Coast and I assume should be able to help. Let me know if you need his info - he used to be in CA and was top M salesman for a number of years.

Pardon my ignorance, but what is an MSD?

shellbmb · 07-03-2018, 10:18 AM

Quote:

Originally Posted by windtendo

Pardon my ignorance, but what is an MSD?

MSD = multiple security deposits. Each deposit (equal to one lease payment) will buy down the money factor by a given amount. I think it's like .00007, but don't quote me. Maximum number is 7 I think you can put down. At the end of the lease, you are given a check back in the amount you put down. So it's like a guaranteed rate of return on your deposit.

Only issue that I've encountered is if you try to swap the lease or have someone take over the lease. Unfortunately the deposit stays with the new leasee, so you have to get your payment up front before you transfer the lease, otherwise it will go to the new leasee at lease end.

I asked my SA here in Texas and they said it was still available. Not sure I believe it based on what I've read, but who knows.

windtendo · 07-03-2018, 10:21 AM

Quote:

Originally Posted by shellbmb

MSD = multiple security deposits. Each deposit (equal to one lease payment) will buy down the money factor by a given amount. I think it's like .00007, but don't quote me. Maximum number is 7 I think you can put down. At the end of the lease, you are given a check back in the amount you put down. So it's like a guaranteed rate of return on your deposit.

Only issue that I've encountered is if you try to swap the lease or have someone take over the lease. Unfortunately the deposit stays with the new leasee, so you have to get your payment up front before you transfer the lease, otherwise it will go to the new leasee at lease end.

I asked my SA here in Texas and they said it was still available. Not sure I believe it based on what I've read, but who knows.

This is exactly why I've never leased before. All these little shell games dealers play makes it a turn off for me. I'm planning on leasing this time around, but it gets confusing to tell who's giving honest deals and who is playing games.

shellbmb · 07-03-2018, 02:06 PM

Quote:

Originally Posted by windtendo

This is exactly why I've never leased before. All these little shell games dealers play makes it a turn off for me. I'm planning on leasing this time around, but it gets confusing to tell who's giving honest deals and who is playing games.

I leased my F10 and it was pretty straightforward, but then my dealer was pretty no nonsense. It really just comes down to cap cost, money factor and residual. Negotiate the best price for the car, try to get buy rate and then residual is set. And try to put as little down as possible. They try to woo us only mentioning the monthly payment, but I want to know how that payment is calculated.

What sucks in Texas is that we have to pay full sales tax on the car up front even if leasing. Then if we buy it at lease end, we pay sales tax again.

Dethsupp0rt · 07-03-2018, 07:25 PM

Quote:

Originally Posted by aas5

David Aviles is now on the East Coast and I assume should be able to help. Let me know if you need his info - he used to be in CA and was top M salesman for a number of years.

Did not know this. I got a good quote from him on my M3 awhile back, but a local dealer matched it. Will probably hit him up again if I decide on an M5.

aas5 · 07-04-2018, 09:03 AM

Quote:

Originally Posted by Dethsupp0rt

Did not know this. I got a good quote from him on my M3 awhile back, but a local dealer matched it. Will probably hit him up again if I decide on an M5.

I got two of my last cars from him. Great experience and best price I could find. I am in NYC so had to go with the performance center delivery both times since David was in CA. I plan to reach out to him as well when my lease is up - I am not sure the next X6M will be out by then (or if it will may still be too expensive as a first year model) so am considering an M5 for my next lease. With all wheel drive Iit's a real option in NY.

hkochhar · 07-04-2018, 01:21 PM

MSRP: 115K
Taxes, Fees, First Month: ~7K
Lease price: 1450 (includes wheel and tire insurance)
Without Wheel & Tire: 1370
Type: 36/12k
State: NY

How'd I do?

My X6M 2015 was same MSRP and I asked for the same deal as that. Lease was done on a 102K final price

shayan30 · 07-04-2018, 08:36 PM

Quote:

Originally Posted by hkochhar

MSRP: 115K
Taxes, Fees, First Month: ~7K
Lease price: 1450 (includes wheel and tire insurance)
Without Wheel & Tire: 1370
Type: 36/12k
State: NY

How'd I do?

My X6M 2015 was same MSRP and I asked for the same deal as that. Lease was done on a 102K final price

Pretty similar to what I negotiated in May. My car is coming in next week so I'll try to push for a slightly better deal considering 19's are right around the corner.

Did you quality for loyalty or any incentives?

hkochhar · 07-04-2018, 09:01 PM

Quote:

Originally Posted by shayan30

Quote:

Originally Posted by hkochhar

MSRP: 115K
Taxes, Fees, First Month: ~7K
Lease price: 1450 (includes wheel and tire insurance)
Without Wheel & Tire: 1370
Type: 36/12k
State: NY

How'd I do?

My X6M 2015 was same MSRP and I asked for the same deal as that. Lease was done on a 102K final price

Pretty similar to what I negotiated in May. My car is coming in next week so I'll try to push for a slightly better deal considering 19's are right around the corner.

Did you quality for loyalty or any incentives?

Got the loyalty 2K I think and then rest was negotiated off - my car comes in next week too, gonna try to push harder on a better deal considering the 19 situation.

I had two other dealers refuse to match this pricing because they were getting over list for the car whereas this is below

shayan30 · 07-04-2018, 09:18 PM

Quote:

Originally Posted by hkochhar

Quote:

Originally Posted by shayan30

Quote:

Originally Posted by hkochhar

MSRP: 115K
Taxes, Fees, First Month: ~7K
Lease price: 1450 (includes wheel and tire insurance)
Without Wheel & Tire: 1370
Type: 36/12k
State: NY

How'd I do?

My X6M 2015 was same MSRP and I asked for the same deal as that. Lease was done on a 102K final price

Pretty similar to what I negotiated in May. My car is coming in next week so I'll try to push for a slightly better deal considering 19's are right around the corner.

Did you quality for loyalty or any incentives?

Got the loyalty 2K I think and then rest was negotiated off - my car comes in next week too, gonna try to push harder on a better deal considering the 19 situation.

I had two other dealers refuse to match this pricing because they were getting over list for the car whereas this is below

Yeah same here most dealers at the time here wanted MSRP with some even asking for over which I ran away from lol

Gassy · 07-05-2018, 07:08 AM

As far as I can tell, the pricing and invoice costs on the 2019s are identical to the 2018s. There are no MY changes to the vehicles either. So, other than the lesser desirability of having a car branded with an older year of origin, why should the 19s be any more difficult to negotiate a good deal for?

Ex_Stig · 07-05-2018, 09:11 AM

Quote:

Originally Posted by Gassy

As far as I can tell, the pricing and invoice costs on the 2019s are identical to the 2018s. There are no MY changes to the vehicles either. So, other than the lesser desirability of having a car branded with an older year of origin, why should the 19s be any more difficult to negotiate a good deal for?

Because dealers want to get old inventory off the lot before newer inventory.

shellbmb · 07-05-2018, 12:49 PM

Quote:

Originally Posted by GNALUZU

Because dealers want to get old inventory off the lot before newer inventory.

And I think their future allocations depend on how many they sell. So there is a huge incentive to sell them.

bumpineclipsegsx · 07-05-2018, 11:01 PM

Took delivery on my '18 M5 last week. Very excited about the deal I got on it!

Donington Gray,

MSRP: $118,795.00
Sales Price: $110,160 (including $2k loyalty rebate)
Money Factor: .166 (buy rate)
Lease Terms: 36 months, 10k/year.
Down Payment: $5,000

Final Monthly Payment: $1,392/mo

Tried to get enough of a deal that if I decide to do a lease assumption down the road, it'll be an easy car to get rid of. I think I was successful!

Gotta be patient with these dealers. I talked to 5 (all over the country). 2 were highly motivated to sell. The other 3 basically told me to go pound sand.

felixleasing · 07-06-2018, 05:48 AM

Quote:

Originally Posted by bumpineclipsegsx

Took delivery on my '18 M5 last week. Very excited about the deal I got on it!

Donington Gray,

MSRP: $118,795.00
Sales Price: $110,160 (including $2k loyalty rebate)
Money Factor: .166 (buy rate)
Lease Terms: 36 months, 10k/year.
Down Payment: $5,000

Final Monthly Payment: $1,392/mo

Tried to get enough of a deal that if I decide to do a lease assumption down the road, it'll be an easy car to get rid of. I think I was successful!

Gotta be patient with these dealers. I talked to 5 (all over the country). 2 were highly motivated to sell. The other 3 basically told me to go pound sand.

Good job looks like a great deal!

aas5 · 07-09-2018, 06:45 PM

Quote:

Originally Posted by hkochhar

MSRP: 115K
Taxes, Fees, First Month: ~7K
Lease price: 1450 (includes wheel and tire insurance)
Without Wheel & Tire: 1370
Type: 36/12k
State: NY

How'd I do?

My X6M 2015 was same MSRP and I asked for the same deal as that. Lease was done on a 102K final price

I did better on my 2017 x6M but with the max MSDs. Your lease deal looks good.

YEEZ23 · 07-11-2018, 06:17 PM

3 Year 10k Mile Lease
2018 M5 Fully loaded minus the CCB. Dealer added options such as CF front splitters, CF rear diffuser, and CF rear spoiler already added.

MSRP: $122,215.00
Sales Price: $120,000.00
$0 Down
7 MSD's
$1478/month

With the 7 MSD's I think the price should be $1,409. So it appears they are marking up the MF to about 0.00135 (3.24%). Over the term of the lease only ~$2000 mark up.

While the extra CF goodies are nice, do you think it's better to just bake them into the lease vs getting another car without them and adding them myself and selling them after 3 years?

Thoughts on the deal?

felixleasing · 07-12-2018, 07:50 PM

Quote:

Originally Posted by rkhettry23

3 Year 10k Mile Lease
2018 M5 Fully loaded minus the CCB. Dealer added options such as CF front splitters, CF rear diffuser, and CF rear spoiler already added.

MSRP: $122,215.00
Sales Price: $120,000.00
$0 Down
7 MSD's
$1478/month

With the 7 MSD's I think the price should be $1,409. So it appears they are marking up the MF to about 0.00135 (3.24%). Over the term of the lease only ~$2000 mark up.

While the extra CF goodies are nice, do you think it's better to just bake them into the lease vs getting another car without them and adding them myself and selling them after 3 years?

Thoughts on the deal?

Besides the MSD whats your total out of pocket? Also do you have a bmw in the house hold

06-27-2018, 08:11 PM	#135
mpresiv5 Private 9 Rep 82 Posts Drives: M6 Gran Coupe Join Date: Jun 2012 Location: Maryland iTrader: (0)	I'm holding off on leasing until my lease expires in August. Dealers will be pushing more discounts with the 2019 models rolling out soon. I wish they redesigned the Gran Coupe this year- it was 10x's better compared to my previous F10 M5. __________________ 2015 M6 Gran Coupe BMS Stage 1 Tune, BMS Intake & Chargepipes, Meisterschaft Catless Downpipes.
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07-04-2018, 01:21 PM	#143
hkochhar Enlisted Member 15 Rep 36 Posts Drives: M5 F90 Singapore Grey Join Date: Jan 2015 Location: NYC, NY iTrader: (0)	MSRP: 115K Taxes, Fees, First Month: ~7K Lease price: 1450 (includes wheel and tire insurance) Without Wheel & Tire: 1370 Type: 36/12k State: NY How'd I do? My X6M 2015 was same MSRP and I asked for the same deal as that. Lease was done on a 102K final price
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07-05-2018, 07:08 AM	#147
Gassy Soporificist 160 Rep 327 Posts Drives: 2019 M5- Rhodonite/Aragon Join Date: May 2010 Location: North Carolina iTrader: (0)	As far as I can tell, the pricing and invoice costs on the 2019s are identical to the 2018s. There are no MY changes to the vehicles either. So, other than the lesser desirability of having a car branded with an older year of origin, why should the 19s be any more difficult to negotiate a good deal for? __________________ 2019 M5 Rhodonite Silver// 2016 M4- retired// 2011 750i- retired// 2004 740i- retired// 2001 740i- retired// 1998 M3- retired
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07-05-2018, 11:01 PM	#150
bumpineclipsegsx New Member 1 Rep 5 Posts Drives: Ariel Atom Join Date: Nov 2014 Location: United States iTrader: (0)	Took delivery on my '18 M5 last week. Very excited about the deal I got on it! Donington Gray, MSRP: $118,795.00 Sales Price: $110,160 (including $2k loyalty rebate) Money Factor: .166 (buy rate) Lease Terms: 36 months, 10k/year. Down Payment: $5,000 Final Monthly Payment: $1,392/mo Tried to get enough of a deal that if I decide to do a lease assumption down the road, it'll be an easy car to get rid of. I think I was successful! Gotta be patient with these dealers. I talked to 5 (all over the country). 2 were highly motivated to sell. The other 3 basically told me to go pound sand.
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07-11-2018, 06:17 PM	#153
YEEZ23 Private 20 Rep 63 Posts Drives: '18 M5 DG/AB Join Date: Jul 2015 Location: NY/NJ iTrader: (0)	3 Year 10k Mile Lease 2018 M5 Fully loaded minus the CCB. Dealer added options such as CF front splitters, CF rear diffuser, and CF rear spoiler already added. MSRP: $122,215.00 Sales Price: $120,000.00 $0 Down 7 MSD's $1478/month With the 7 MSD's I think the price should be $1,409. So it appears they are marking up the MF to about 0.00135 (3.24%). Over the term of the lease only ~$2000 mark up. While the extra CF goodies are nice, do you think it's better to just bake them into the lease vs getting another car without them and adding them myself and selling them after 3 years? Thoughts on the deal? Last edited by YEEZ23; 07-11-2018 at 06:49 PM..
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