[Scorpion76]

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)

That's a pretty good deal. Huge congrats and enjoy! I agree with trev the MF will probably go up given interest rates going up. The residual will probably go up through out the year too.

[TYPEM]

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)

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)

What is the 4,000 due at signing for ? First month plus fees can't be that much? Or am I missing something.

[M3PGH]

the 2 and 5 year treasury bond rates have done a reversal recently ie moved lower
so interest rates will follow .
changes are minimal , but will see
also if inventory is high , manufactures will subsidize MF to help move units

[dardeca]

Originally Posted by M3PGH

the 2 and 5 year treasury bond rates have done a reversal recently ie moved lower
so interest rates will follow .
changes are minimal , but will see
also if inventory is high , manufactures will subsidize MF to help move units

Let's hope. My M5 Comp is due to arrive in March...so hopefully rates will continue to improve. The change alone between December and January programs resulted in my calculated lease payment dropping by $120. I like the way it is trending.

[M_Fanboy]

Originally Posted by trev230

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

Yes

[M_Fanboy]

Originally Posted by Scorpion76

That's a pretty good deal. Huge congrats and enjoy! I agree with trev the MF will probably go up given interest rates going up. The residual will probably go up through out the year too.

Thanks ! I agree the RV will go up and back to 60% but BMW will offer less incentive probably the final discount will be the same

[M_Fanboy]

Originally Posted by TYPEM

What is the 4,000 due at signing for ? First month plus fees can't be that much? Or am I missing something.

First month plus destination, Doc, title, plate postage added up to total $3.6K and the rest of 4 hundred is claimed by the dealer to make up my target monthly payment $1,380

[borys]

2019 Comp
MSRP $129,665
$5K off
.55 residual
36/10 lease
.00188 MF
$3k drive off
$1967 month

thoughts?

[josec70]

Originally Posted by acf10

2019 Comp
MSRP $129,665
$5K off
.55 residual
36/10 lease
.00188 MF
$3k drive off
$1967 month

thoughts?

Not a bad deal IMO; $5K discount slightly lower than others posted here but better than some I've seen.

[trev230]

Originally Posted by acf10

2019 Comp
MSRP $129,665
$5K off
.55 residual
36/10 lease
.00188 MF
$3k drive off
$1967 month

thoughts?

I had multiple dealers just 10 days ago that were will to take $10-12K off a Comp model and provide base money factor. Keep shopping if you want to get to the bottom. If you are happy move forward with the deal on the table. If you are on the East coast I can send you those dealers names.

[dardeca]

Originally Posted by acf10

2019 Comp
MSRP $129,665
$5K off
.55 residual
36/10 lease
.00188 MF
$3k drive off
$1967 month

thoughts?

In your state how is sales tax calculated on leases? I'm in Texas, and they charge all buyers full tax on the total purchase price (not just the overall leased value). The reason I ask is your monthly payment doesn't look too bad compared to mine...but maybe your taxes are less than what I have to cover.

As a reference point, here is my deal on my M5 Comp order with no money down other than 1st months payment:

MSRP: $124,595
Discount: $10,200
Residual: 54% (12k miles/year)
MF: .00188 (base)
State tax: approx. $7100
Monthly lease rate (including tax): $1902

[hersh67]

Originally Posted by dardeca

In your state how is sales tax calculated on leases? I'm in Texas, and they charge all buyers full tax on the total purchase price (not just the overall leased value). The reason I ask is your monthly payment doesn't look too bad compared to mine...but maybe your taxes are less than what I have to cover.

As a reference point, here is my deal on my M5 Comp order with no money down other than 1st months payment:

MSRP: $124,595
Discount: $10,200
Residual: 54% (12k miles/year)
MF: .00188 (base)
State tax: approx. $7100
Monthly lease rate (including tax): $1902

so the $7100 tax is included in your $1902 x 36 monthly?

[dardeca]

Originally Posted by hersh67

so the $7100 tax is included in your $1902 x 36 monthly?

Yes.

If you exclude the $7100 in tax from the monthly lease rate, it drops the rate $200/month.

[Pimpsy]

Originally Posted by dardeca

In your state how is sales tax calculated on leases? I'm in Texas, and they charge all buyers full tax on the total purchase price (not just the overall leased value). The reason I ask is your monthly payment doesn't look too bad compared to mine...but maybe your taxes are less than what I have to cover.

As a reference point, here is my deal on my M5 Comp order with no money down other than 1st months payment:

MSRP: $124,595
Discount: $10,200
Residual: 54% (12k miles/year)
MF: .00188 (base)
State tax: approx. $7100
Monthly lease rate (including tax): $1902

MSRP: $126895
Discount: $10,345
Residual: 55% (10K miles/year)
MF: .00188 (base)
State tax: $4208
Tire and rim: $2150
Monthly lease rate (including tax): $1903
Drive off: $1903

[hersh67]

Originally Posted by dardeca

Yes.

If you exclude the $7100 in tax from the monthly lease rate, it drops the rate $200/month.

sounds fair.

[hersh67]

Originally Posted by Pimpsy

MSRP: $126895
Discount: $10,345
Residual: 55% (10K miles/year)
MF: .00188 (base)
State tax: $4208
Tire and rim: $2150
Monthly lease rate (including tax): $1903
Drive off: $1903

nice. my msrp was almost the same as yours. damn, forgot to ask my SA about rim/tire protection. thanks for the reminder

[Stealth7]

$1900-$2000/mo. payments for the M5 or M5C are insane. Should be $1,300--1,500 MAX, including everything. This is not a F488, Porsche Turbo S, etc.

Of course, nothing stops anyone from paying these monthly amounts. So, as long as you are happy ... .

[Pimpsy]

Originally Posted by Stealth7

$1900-$2000/mo. payments for the M5 or M5C are insane. Should be $1,300--1,500 MAX, including everything. This is not a F488, Porsche Turbo S, etc.

Of course, nothing stops anyone from paying these monthly amounts. So, as long as you are happy ... .

Thanks for your input.

Apparently you can buy happiness but it's $1903/month all rolled up.

[Stealth7]

Agreed!

Congrats on the beautiful new ride!

[soooma]

Originally Posted by Pimpsy

Thanks for your input.

Apparently you can buy happiness but it's $1903/month all rolled up.

Too funny now

[M3PGH]

agree with stealth 7 that 2k for an M5 is way too much for that car
I had an F10 M5 and just returned my E63 S lease back
one reason I did not consider a redo is because of these leases
for that money , a lot of other options are available on market place
and I love these cars

[borys]

Originally Posted by trev230

I had multiple dealers just 10 days ago that were will to take $10-12K off a Comp model and provide base money factor. Keep shopping if you want to get to the bottom. If you are happy move forward with the deal on the table. If you are on the East coast I can send you those dealers names.

I am trying to get a better deal, will post any updates