[plutnicki]

BMW will not "let you out of a lease". However, if you want to trade your M4 for an M5, a dealer would absolutely help you do that. A lease has a "buy out" associated with it. You're probably underwater, where the value of your car as a trade is less than what that "buy out" price is. They'll roll the difference into the new lease, maybe that's offset partially by whatever deal you can get on the M5, who knows. It is not likely to be a good deal, but is absolutely possible.

[premier3is]

Originally Posted by Buzios

Do you guys think it's possible for BMW to get desperate enough to let people out of leases way early in order to upsell them and get cars off the lots? I have an M4 ZCP lease with 24 months left, but would like to upgrade to and M5 ZCP now that I have a baby on the way. Is it crazy to think that BMW would let me off the hook with the previous lease in order to trade up?

P.s.: obviously the M5 is a more expensive car and I'm ok with lease payments going up vs. my current payments, I just don't want the penalty of turning the lease in early.

0% chance. BMW will never be this desperate lol.

[Salespunk]

You NEVER trade a BMW that is leased. Always, always transfer the lease. It is the difference of paying $3K upfront to reduce the payment vs $15K over 3 years.

[OrlandoVol]

Picking up tomorrow!

2019 M5 Base
Sapphire Black Metallic
Caramel Full Merino Leather
Heated/Ventilated/Massaging Seats
Individual Piano Black
Bowers & Wilkins Audio
Driving Assistance Plus
Executive Package

MSRP: 122,205
Discount: 14,571 (12% off MSRP)
$4,500 in additional rebates
Final Price: $103,333
MF: .00118
Zero Down - $1500 drive off
15k per year/36 months

$1,260 mo including 6.5% FL Tax

[240SXFAN]

Originally Posted by OrlandoVol

Picking up tomorrow!

2019 M5 Base
Sapphire Black Metallic
Caramel Full Merino Leather
Heated/Ventilated/Massaging Seats
Individual Piano Black
Bowers & Wilkins Audio
Driving Assistance Plus
Executive Package

MSRP: 122,205
Discount: 14,571 (12% off MSRP)
$4,500 in additional rebates
Final Price: $103,333
MF: .00118
Zero Down - $1500 drive off
15k per year/36 months

$1,260 mo including 6.5% FL Tax

Looks great. Is this from BMW of Asheville?

[OrlandoVol]

Originally Posted by 240SXFAN

Looks great. Is this from BMW of Asheville?

Yes sir

[Buzios]

Originally Posted by Salespunk

You NEVER trade a BMW that is leased. Always, always transfer the lease. It is the difference of paying $3K upfront to reduce the payment vs $15K over 3 years.

Can you elaborate? Not sure if I follow. What's this point about $3k upfront vs $15k in 3 years?

[Salespunk]

Originally Posted by Buzios

Can you elaborate? Not sure if I follow. What's this point about $3k upfront vs $15k in 3 years?

The $15K was in reference to the increased payments from trading it in. As an example with a 750iL I had a few years ago;

Lease Inception Price $100K
Payment $1K

1 year later I decided to get an M5
Trade value $75K with buyout of $92K so -$17K difference

Swap a Lease listing at $1K/mo pricing and was gone in 5 days

If I had traded it in on my M5 lease it would have added $600/mo to the lease price and cost about $20K over the life of the lease.

[Buzios]

Originally Posted by Salespunk

The $15K was in reference to the increased payments from trading it in. As an example with a 750iL I had a few years ago;

Lease Inception Price $100K
Payment $1K

1 year later I decided to get an M5
Trade value $75K with buyout of $92K so -$17K difference

Swap a Lease listing at $1K/mo pricing and was gone in 5 days

If I had traded it in on my M5 lease it would have added $600/mo to the lease price and cost about $20K over the life of the lease.

Gotcha. Thanks!

[Jagu]

Originally Posted by OrlandoVol

Picking up tomorrow!

2019 M5 Base
Sapphire Black Metallic
Caramel Full Merino Leather
Heated/Ventilated/Massaging Seats
Individual Piano Black
Bowers & Wilkins Audio
Driving Assistance Plus
Executive Package

MSRP: 122,205
Discount: 14,571 (12% off MSRP)
$4,500 in additional rebates
Final Price: $103,333
MF: .00118
Zero Down - $1500 drive off
15k per year/36 months

$1,260 mo including 6.5% FL Tax

Very nice car.

[Greer]

Originally Posted by OrlandoVol

Picking up tomorrow!

2019 M5 Base
Sapphire Black Metallic
Caramel Full Merino Leather
x

Love the caramel seats!

[Next Level Auto Brokers]

Surprised there isn't more buzz around the new May leaase program, but loyal customers get 2 payment waivers (not deferrals) up to $750 on 5 series.

For the M5, that's an additional $1500 savings in addition to the $2000 lease cash.

I guess BMW figured, people won't be driving much for the next 2 months so if you were on the fence, it makes sense to pick up a car in May.

[bruza]

^thanks for the info

My current lease on the F85 ends in Sept. What’s the earliest pull ahead that can be done?

[greentrbo95gst]

I just placed an order for the final Euro Delivery.
Specs:
2020 M5 Comp
MSRP 117,345
Selling Price 106,580
Residual 58%
10/36
Payment $1355 plus tax.

[Next Level Auto Brokers]

Originally Posted by bruza

^thanks for the info

My current lease on the F85 ends in Sept. What’s the earliest pull ahead that can be done?

There is no pull ahead for BMW

[bruza]

Originally Posted by Next Level Auto Brokers

There is no pull ahead for BMW

I was offered this in the past. Are you talking currently there is no “Pull Ahead”?

[mjr24]

Originally Posted by bruza

I was offered this in the past. Are you talking currently there is no "Pull Ahead"?

There is no pull ahead, at all. I can't remember BMW ever doing this. That's different than a dealer saying they will pick your last few payments up (which they probably would have put onto the discount for the new car anyways).

[240SXFAN]

Originally Posted by mjr24

There is no pull ahead, at all. I can't remember BMW ever doing this. That's different than a dealer saying they will pick your last few payments up (which they probably would have put onto the discount for the new car anyways).

Not sure if it is a current program, but it appears at some point BMWFS offered waiving 3 to 5 lease payments.

BMW Pull Ahead

[spuntyb]

Originally Posted by MXNSITH

If you really want to change from the M4, why not look into swap a lease? Or is your existing lease not something you think another person will pick up?

I took a bit of a bath on my F80 lease because I found a dealer to eat my last 4 lease payments on my 335i, but that was as much as I could get from anyone. I'm in the same boat, and itching to get into an F90, but I doubt anyone will get you out of 24 months. You need to hit up swapalease.com.

[floating.spirit]

Originally Posted by Buzios

Do you guys think it's possible for BMW to get desperate enough to let people out of leases way early in order to upsell them and get cars off the lots? I have an M4 ZCP lease with 24 months left, but would like to upgrade to and M5 ZCP now that I have a baby on the way. Is it crazy to think that BMW would let me off the hook with the previous lease in order to trade up?

P.s.: obviously the M5 is a more expensive car and I'm ok with lease payments going up vs. my current payments, I just don't want the penalty of turning the lease in early.

I was offered 5k off a 2020 sitting at port...didn't bite.

[F10M5FTW]

2020 M5 Competition
$117,975 MSRP
$500 down
12k miles a year
$1,400 a month with MA taxes and fees all rolled in.

This a decent deal?

Thanks!

[selpo]

Originally Posted by F10M5FTW

2020 M5 Competition
$117,975 MSRP
$500 down
12k miles a year
$1,400 a month with MA taxes and fees all rolled in.

This a decent deal?

Thanks!

It would help if you provide the selling price/ Cap cost as well as the MF- you can plug the numbers in leasehackr and see if the numbers add up.

Try to get the selling price down to8-10% off and the MF as close to the base rate of .00118 and watch for add ons like VIN etching or protective coating and dealer fees.

Good luck, I am hoping to lease one as well in the next few weeks.

More seasoned members will be along to give you even more info.