11-29-2020, 03:11 PM | #1 |
///M... Nuff Said.
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Drives: 2020 M5 Competition
Join Date: Apr 2008
Location: Maryland
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Year: 2020 Model: M5 Trim: Competition Color: Alpine White Interior: Silverstone Extended MSRP: $112,000 Payment (with tax 6%): $1445 Current Mileage: 3,000 Maturity Mileage: 30000 Maturity Date: 03/21/2023 MSD: None Cash Incentive: $3000 Packages: Executive, Competition Options: M Pro Spoiler, M Pro diffuser, M Side Blades Transfer fee: $500 NO TIRE KICKERS! Serious inquiries only!
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12-02-2020, 10:22 PM | #2 |
///M... Nuff Said.
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Drives: 2020 M5 Competition
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*BUMP*
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Present: 2020 M5 Competition (I'm back!)
Past: '17 Audi R8 V10 Plus, '13 M5 Comp, '13 X5M, '13 GT-R, '12 GT-R Black Edition '11 E92 M3 ZCP, '05 E46 M3 ZCP, '03 E46 M3 "Dream as if you'll live forever, Live as if you'll die today" - J. Dean |
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12-03-2020, 12:57 AM | #3 |
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That's a steep payment and you are asking for cash. I'm guessing you are going to have to offer at least $4-5k incentive to get out of it.
I like your license plate though! Good luck. |
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12-03-2020, 03:59 PM | #5 |
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I am going to assume that the OP lives in Maryland based on his/her profile and unfortunately that is one of the few states where you have to pay sales tax on the entire value of the car at signing so there is $7Kish worth of sales tax rolled into that payment of $1445. And even more unfortunately that sales tax is gone and paid. For people in states that charge sales tax just on the monthly the payment (which is most states), the monthly nut on this will be the mid to high $1500s if you took over the lease.
Like other's have said, you are going to need a huge incentive to unload this. |
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12-04-2020, 02:30 PM | #6 |
///M... Nuff Said.
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Drives: 2020 M5 Competition
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Location: Maryland
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Yea, in MD and we pay full sales tax upfront. The other reason for the payment is I rolled some negative equity into the deal, but I got 12% off MSRP. The net result was $8500 added to the after adjustment price of ($104,4xx). So, total amount into the lease is $112,145.
I'll revise to include an incentive. Thanks!
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Present: 2020 M5 Competition (I'm back!)
Past: '17 Audi R8 V10 Plus, '13 M5 Comp, '13 X5M, '13 GT-R, '12 GT-R Black Edition '11 E92 M3 ZCP, '05 E46 M3 ZCP, '03 E46 M3 "Dream as if you'll live forever, Live as if you'll die today" - J. Dean |
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