04-14-2022, 10:46 AM | #1 |
Second Lieutenant
296
Rep 231
Posts |
What can I expect to pay? Are lease rates still crazy high?
I got rid of my M550i. I really want the F90 M5. The last time I went and got a lease quote was about a year ago and the numbers were absolutely nuts. I'm hoping by now the prices have come down a bit.
Im looking to lease a 22 M5 (close to base model). I'd like to put down $5,000-7,500 total due at signing with a 36 month lease at 12k miles per year. What should I expect the monthly payment to be? |
04-14-2022, 11:33 AM | #2 |
Lieutenant
582
Rep 575
Posts
Drives: 2022 M5 CS & 2022 X5M
Join Date: Jan 2011
Location: Las Vegas, NV
|
Top dollar. Inventory is very limited. Example:
https://f90.bimmerpost.com/forums/sh....php?t=1914175 |
Appreciate
0
|
04-14-2022, 01:25 PM | #3 |
Major
501
Rep 1,399
Posts |
Prices are high (market adjustments in play) and rates are rising. Assuming you can get an allocation at MSRP, a base M5 at $105,695 MSRP (zero options) using the March lease program for 12k miles and $6,250 down (midpoint of your range) is about a $1,450 per month.
__________________
Current: 2022 Donnington Grey M5 Competition, 2014 Anvil WW Jeep Wrangler
Previous: 2019 Donnington Grey M5 Competition, 2016 Silverstone M5 CP, 2013 Monte Carlo Blue M5 CP (ED on 9/1/12), 2009 Carbon Black M5, 2006 Silverstone M5, 2003 Sterling Grey M5, 2000 Anthracite 540i6, 1998 Jeep Grand Cherokee 5.9Ltd, 1990 Eagle Talon TSi AWD, 1978 Mazda RX-7 |
Appreciate
1
Moserkm163.00 |
04-15-2022, 12:30 PM | #4 |
Moserkm
163
Rep 170
Posts |
That, and I haven't seen very many M5s that don't have options. So you can add about $200 onto the payment with average options.
|
Appreciate
0
|
04-18-2022, 12:30 PM | #5 | |
Colonel
2594
Rep 2,683
Posts
Drives: '24 X7 M60i
Join Date: Jan 2014
Location: Scottsdale, AZ
|
Quote:
__________________
Ex Stig
'25 M5 Touring (on the list, first slot) '24 X7 M60i '22 M5 CS - (sold) |
|
Appreciate
0
|
04-24-2022, 02:41 AM | #6 |
Some Guy
78
Rep 75
Posts
Drives: 2016 GX460, 2022 M5C
Join Date: Feb 2022
Location: Colorado
|
That's the most expensive way to own a vehicle, why not buy it outright?
|
Appreciate
0
|
04-24-2022, 09:14 PM | #7 | |
Private First Class
100
Rep 185
Posts |
Quote:
Example: 116,500 M5C (w guzzler/trans) over 2100.00/mo 12K/36 mo lease. Rule number 1: NEVER put money down on a lease. It has zero benefit to you other than to artificially lower your monthly. If car is totaled you’re out the cash. MF, Residual and Cap Cost are the only things that matter in a lease negotiation. |
|
Appreciate
1
Simple1133.50 |
04-25-2022, 12:01 AM | #9 | ||
Lieutenant
1056
Rep 420
Posts
Drives: 2021 BMW M340i, 2022 BMW 540i
Join Date: Dec 2021
Location: Los Angeles, CA
|
Quote:
|
||
Appreciate
1
KB30052.00 |
04-25-2022, 01:31 PM | #10 | |
Private First Class
100
Rep 185
Posts |
Quote:
Current financial environment is not kind to interest rates hence financing options will be poor. Buying an M5 at over list will be painful when it’s time to let go of it. |
|
Appreciate
1
zb26031055.50 |
04-28-2022, 08:14 AM | #11 | |
Brigadier General
4061
Rep 4,983
Posts |
Quote:
This is an example of one of the better assumptions I've seen lately, just for reference: https://www.swapalease.com/lease/det...?salid=1587496 If you order a car and lease rn (my opinion doesn't matter to how you want to finance a car, but leases are just throwing $ away long term right now), depending on options, you'll be paying minimum MSRP, and looking at payments pushing $1800-$2k or more. Makes more sense to buy rn, more than ever imho. I prefer leasing these cars as well, but if you're dead set on a lease, I would look for an assumption first. Leasing a new one is pretty unappetizing right now imho.
__________________
<b>2023 M5C SRG|Aragon || 2018 Macan GTS</b>
2019 F90 Comp MBB|Black (sold) 2018 F80 ZCP TB|SS (sold) 2015 F30 335 AW|CR (sold) 2015 F31 MG|CR (sold) 2011 E90 JB|Oyster (sold) |
|
Appreciate
0
|
04-28-2022, 10:32 AM | #12 |
Major
1877
Rep 1,142
Posts
Drives: Z4 M40
Join Date: Dec 2021
Location: GA
iTrader: (0)
Garage List 2015 Yamaha FZ-09 [10.00]
2018 BMW S1000XR [9.83] 2018 BMW R1200RT [10.00] 2023 BMW X4 [7.88] 2022 BMW Z4 [9.78] |
Yes, leasing is total shit right now. Much more painful to pay the depreciation from a non-discounted MSRP over just 36 months vs over 60+ months in a purchase.
It's purely psychological for me, but rather than leasing, I'm going to buy and put down in cash what I think the car will be worth in 5 years. Then make 60 payments that should closely approximate the monthly depreciation (assuming I hold it to the end of the 60 mon). Then at the end, I can use the paid for car as trade equity and recapture a bit of sales tax credit on a purchase or cash out if leasing is attractive again at the time. Again, doesn't really change the numbers, just help me sleep at night knowing my pmt isn't twice what it might otherwise be. And, with inflation running crazy, I can pay back the loan in less valuable dollars....there's that.
__________________
2022 Z4 M40 Alpine White/Magma Red
2023 X4 30i MSport BSM/Cognac 2018 BMW S1000XR & BMW R1200RT 2015 Yamaha FZ-09 |
04-29-2022, 05:20 PM | #13 | |
Private First Class
100
Rep 185
Posts |
Quote:
All good points “unless” you can write the lease off through your business. Then it becomes a different equation |
|
Appreciate
1
SpeedyATL1877.00 |
05-13-2022, 05:32 PM | #14 |
Major
1877
Rep 1,142
Posts
Drives: Z4 M40
Join Date: Dec 2021
Location: GA
iTrader: (0)
Garage List 2015 Yamaha FZ-09 [10.00]
2018 BMW S1000XR [9.83] 2018 BMW R1200RT [10.00] 2023 BMW X4 [7.88] 2022 BMW Z4 [9.78] |
I think this clip applies in this crazy car market...
__________________
2022 Z4 M40 Alpine White/Magma Red
2023 X4 30i MSport BSM/Cognac 2018 BMW S1000XR & BMW R1200RT 2015 Yamaha FZ-09 |
Appreciate
0
|
Post Reply |
Bookmarks |
|
|