[soooma]

Originally Posted by trev230

All cars on the lots. I had one down to $1478, same deal as above just a little bit lower msrp so the price was lower overall.

Go for it man

[DocWeatherington]

Originally Posted by Catchmeifyoucanf90

Msrp: $107,000
Got $8,000 off

Down payment: 15k
Month: $ 956 I believe, might be 20$ more
10,000 miles

Hmmm 15k down? Not a good deal, do you have the MF? Can you do MSDs instead?

[trev230]

Originally Posted by DocWeatherington

Hmmm 15k down? Not a good deal, do you have the MF? Can you do MSDs instead?

$15K down on a lease?! Please tell me you didn't do that.

[soooma]

Originally Posted by trev230

$15K down on a lease?! Please tell me you didn't do that.

Imagine if he wants out down the road?!

[DocWeatherington]

Originally Posted by trev230

$15K down on a lease?! Please tell me you didn't do that.

Not the original poster of the lease deal, I was asking the person that did the lease.

Msrp: $107,000
Got $8,000 off

Down payment: 15k
Month: $ 956 I believe, might be 20$ more
10,000 miles

Catchmeifyoucanf90...He/She did the lease mentioned above.


soooma

[salraf]

Holy moley. $15K down on a lease

[soooma]

Originally Posted by DocWeatherington

Not the original poster of the lease deal, I was asking the person that did the lease.

Msrp: $107,000
Got $8,000 off

Down payment: 15k
Month: $ 956 I believe, might be 20$ more
10,000 miles

Catchmeifyoucanf90...He/She did the lease mentioned above.


soooma

Yeah
Tough one
I have a friend who did something similar on 750i, traded in his old MB for 16K and used that towards lease to bring payment down to 700$,
People do that to not feel guilty about splurging on cars, as if paying upfront 1/4-1/3 the whole sum and making making monthly lower, changes anything really, it doesn’t, TEHO, issue is is something happens to the car or wants out it’s an issue!

[Catchmeifyoucanf90]

don't want out of a lease, only 3 years. thats no big deal. miles isn't a big thing i have other cars my truck and range. plus put 15 k down or 5 k down, you just going to have a higher or lower monthly payment. At the end of the day you still paying same amount.


if im wrong, educate me. Always good to learn

[MWcoupe]

Originally Posted by Catchmeifyoucanf90

don't want out of a lease, only 3 years. thats no big deal. miles isn't a big thing i have other cars my truck and range. plus put 15 k down or 5 k down, you just going to have a higher or lower monthly payment. At the end of the day you still paying same amount.


if im wrong, educate me. Always good to learn

Put that money towards msd if you're comfortable with forking out that cash on a lease. That's where you really save the bucks. speaking on your scenario since you brought up the down payment and lowering monthly note. I personally would keep my out of pocket as low as I can because if I want to jump to a another car, would be a little easier to find someone to assume my lease.

[dardeca]

Originally Posted by Catchmeifyoucanf90

don't want out of a lease, only 3 years. thats no big deal. miles isn't a big thing i have other cars my truck and range. plus put 15 k down or 5 k down, you just going to have a higher or lower monthly payment. At the end of the day you still paying same amount.


if im wrong, educate me. Always good to learn

I generally don't put any money down on a lease...I'd rather keep the money now and then pay it over the life of the lease.

However, I've heard people say that IF the car was to get totaled, and insurance paid off the balance of the car to BMW, then you likely have lost the down payment money at that point. In other words, the large down payment has the effect of reducing the payoff that your insurance company has to make to BMW in the unlikely event of a totaled car.

[Willie_Beamen69]

Got offered this deal in a $112,225 msrp.

[dardeca]

Originally Posted by MWcoupe

Put that money towards msd if you're comfortable with forking out that cash on a lease. That's where you really save the bucks. speaking on your scenario since you brought up the down payment and lowering monthly note. I personally would keep my out of pocket as low as I can because if I want to jump to a another car, would be a little easier to find someone to assume my lease.

My understanding is MSD is only available in certain regions. I don't believe it is available across the entire US.

[trev230]

Originally Posted by Linsanity88

Got offered this deal in a $112,225 msrp.

My MSRP was $119,675. Between discounts and incentives I totaled $15K off. First payment down and I'm at $1537. They can do A LOT better than that. Reach out to other dealers. I had 4 all offering me almost the same thing after 24-48 hours of back and forth over email and the phone.

[SAFSF90]

Originally Posted by Linsanity88

Got offered this deal in a $112,225 msrp.

If it's a non comp you can probably do better because BMW is offering 5k lease credit on non-comps.

[SocalDude]

Originally Posted by Neptune7

'19 M5C

MSRP 128.2k
Discount 5.5k
Fees and taxes 2k
Net price 124.7

Cash down 5k
10k miles 36mth
$2054 per month

Thoughts?

This is a bad deal. Don't do it. You will likely save $500-$600 a month if you go with a non comp-pack M5, which is fantastic. The difference between the two cars is small. Not worth the extra $$ IMO.

[Catchmeifyoucanf90]

Originally Posted by MWcoupe

Put that money towards msd if you're comfortable with forking out that cash on a lease. That's where you really save the bucks. speaking on your scenario since you brought up the down payment and lowering monthly note. I personally would keep my out of pocket as low as I can because if I want to jump to a another car, would be a little easier to find someone to assume my lease.

appreciate the feedback. Overall, i felt as if it was a good deal. Other dealerships in my area offered me 15 k down and 1,500-1650 per month. Once again disagree if you believe not

500$ less seems quite good

[Wolfman64]

Originally Posted by Catchmeifyoucanf90

don't want out of a lease, only 3 years. thats no big deal. miles isn't a big thing i have other cars my truck and range. plus put 15 k down or 5 k down, you just going to have a higher or lower monthly payment. At the end of the day you still paying same amount.


if im wrong, educate me. Always good to learn

Unless you total the car and the down payment will be history.
There is no coverage for that.

Once did $5k down and the car was totaled after 3 months - water damage = lesson learned...

[REF90]

Hi All - My current M3 lease is up in July and I'm ready to make a move on the F90. Apparently Singapore Gray with black leather and bi-color wheels is rare, so will be custom ordering (first time). Had a few quick questions:

1. I told my local dealer I'd like to order a $115k MSRP build and said I'd think they should be able to discount to ~$107-108k and they scoffed, countering at $3k off sticker (before $5k lease cash) and not budging. Am I way off base here or is a $3k discount light? Is this because it's a custom build vs. existing inventory?

2. Are dealers generally less willing to discount on a custom order?

3. Generally, would residuals stay flat or increase for 2019s as we approach summer and 2020s start hitting lots? They'd be incentivized to move the 2019s, but also seems odd they'd raise residuals on the outgoing model year (though we did see with with 2018s, but those were first model year). Trying to assess if my deal can only get better from here or if any benefit from an increase in residual could be offset/outweighed by increasing MF as it sounds like the build will take longer than the 60-day lock period.

Been monitoring this thread since last February (thanks to all who have posted) and excited to finally kick off the process. Thanks in advance for the help.

[M_Fanboy]

MY Deal as follow:

19 M5 non-competition

MSRP: $112,390
Exterior color: Marina Bay Blue
Interior: Extended Aragon Brown
Option: 20' black rims, executive package, driver assistant plus, Black kidney grilles and Black side fender vents
Discount: Around $15,000 (included $5,000 lease credit)
Down Payment: 0
Due at signing: $4,000
Money Factor .00188
Residual Value: 55%
Monthly Payment: $1,380 (tax included)

[trev230]

Originally Posted by M_Fanboy

MY Deal as follow:

19 M5 non-competition

MSRP: $112,390
Exterior color: Marina Bay Blue
Interior: Extended Aragon Brown
Option: 20' black rims, executive package, driver assistant plus, Black kidney grilles and Black side fender vents
Discount: Around $15,000 (included $5,000 lease credit)
Down Payment: 0
Due at signing: $4,000
Money Factor .00188
Residual Value: 55%
Monthly Payment: $1,380 (tax included)

Was that car at a NJ dealer? If so, I was looking at the same one as well before switching to AW over Aragon.

[M3PGH]

I think RV will improve
may be MF will improve
but it seems like a buyers market in particular for M5C as they have plenty around
they should discount order more because they will not pay interest on it as compared to a stock car that sits for few months

[trev230]

Doubt MF improves. If anything it's going higher. I would bet 10-20 basis points per month. RV might get 1-3% better as the year goes on.