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BMW M5 F90 (2018+) General Forums F90 M5 Pricing, Ordering, Tracking, and European Delivery    Please post your F90 M5 Lease deals

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      02-14-2020, 09:59 PM   #1739
gojumatt
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Ok, I am new to leasing. Picking up a 2020 base M5 tomorrow. 118K MSRP, selling to me for 105K. Here are the details:

24mo 12k for $1767 including 7% tax 63% residual
36mo 12k for $1509 including 7% tax not sure the residual

I have car ADD. I rarely keep a car for more than two years...

.00142 money factor

thanks in advance for your advise!

Last edited by gojumatt; 02-14-2020 at 10:09 PM..
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      02-14-2020, 10:13 PM   #1740
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Quote:
Originally Posted by gojumatt View Post
Ok, I am new to leasing. Picking up a 2020 base M5 tomorrow. 118K MSRP, selling to me for 105K. Here are the details:

24mo 12k for $1767 including 7% tax 63% residual
36mo 12k for $1509 including 7% tax not sure the residual

I have car ADD. I rarely keep a car for more than two years...

.00142 money factor

thanks in advance for your advise!
My advice: take mine.

I'll make it cheaper, match the mileage and you get a $125K Comp with over $7K of mods instead.
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      02-14-2020, 10:19 PM   #1741
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Tempting. However I ordered mine. Wanted a bit softer ride than the comp. what do you think of the quotes they gave me?

Last edited by gojumatt; 02-14-2020 at 10:24 PM..
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      02-14-2020, 10:24 PM   #1742
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Quote:
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Quote:
Originally Posted by gojumatt View Post
Ok, I am new to leasing. Picking up a 2020 base M5 tomorrow. 118K MSRP, selling to me for 105K. Here are the details:

24mo 12k for $1767 including 7% tax 63% residual
36mo 12k for $1509 including 7% tax not sure the residual

I have car ADD. I rarely keep a car for more than two years...

.00142 money factor

thanks in advance for your advise!
My advice: take mine.

I'll make it cheaper, match the mileage and you get a $125K Comp with over $7K of mods instead.
Not bad for a 2020 MY. Enjoy the car, I know you will.
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      02-14-2020, 10:32 PM   #1743
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      02-15-2020, 10:38 AM   #1744
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you can have them bend a little more..

back in Jan, I got quoted for $1430 including 6% MD tax on $118k 2020 M5.
but it was for 36/10k so not sure how 12k will make difference and 6% vs 7% tax.

does your state tax on the whole amount of the car? or just residual amount?
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      02-15-2020, 12:28 PM   #1745
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Quote:
Originally Posted by amg55driver View Post
you can have them bend a little more..

back in Jan, I got quoted for $1430 including 6% MD tax on $118k 2020 M5.
but it was for 36/10k so not sure how 12k will make difference and 6% vs 7% tax.

does your state tax on the whole amount of the car? or just residual amount?
Running some simple numbers, OP is getting a slightly better deal, if not nearly identical. Adjusted to 10k per vs. 12k and your taxes, OP's payment is around $1425.

Difference in residual is 2% or $2360. Figure $30 a month per $1k that is $71 a month.

Difference in taxes is about $15 a month.

That's about $86 a month off OP's monthly which puts is around $1425 if adjusted to your mileage and tax rate.

I think it's a decent deal gojumatt for a 2020 and in the end, don't stress over less than $100 a month. We all want the best deal but if it's the car you want, with the specs you want, pick it up and enjoy the ride!
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Last edited by MXNSITH; 02-15-2020 at 12:35 PM..
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      02-15-2020, 12:54 PM   #1746
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Thanks fellas. Picking it up at 4
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      02-15-2020, 02:05 PM   #1747
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AWESOME!!

thats why i "overpaid" for my color combo. haha
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      02-17-2020, 09:27 PM   #1748
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what is residual right now for 10k/36?
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      Yesterday, 09:37 AM   #1749
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Originally Posted by Funf6cyl View Post
Unless I am mistaken, I am not sure that will work. I think you have to take delivery of the car AFTER the 6 months is up, not retroactively.
You are correct as my claim just go declined. I was basing my assumption on another post on this thread and thought I just needed to wait 6 months to get the check. Now debating if I ask for a refund on the BMW CCA fee.
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      Yesterday, 08:11 PM   #1750
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Quote:
Originally Posted by gojumatt View Post
Ok, I am new to leasing. Picking up a 2020 base M5 tomorrow. 118K MSRP, selling to me for 105K. Here are the details:

24mo 12k for $1767 including 7% tax 63% residual
36mo 12k for $1509 including 7% tax not sure the residual

I have car ADD. I rarely keep a car for more than two years...

.00142 money factor

thanks in advance for your advise!


both "deals" are not good.
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      Yesterday, 08:48 PM   #1751
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Quote:
Originally Posted by TwinWhistles View Post
Quote:
Originally Posted by Funf6cyl View Post
Unless I am mistaken, I am not sure that will work. I think you have to take delivery of the car AFTER the 6 months is up, not retroactively.
You are correct as my claim just go declined. I was basing my assumption on another post on this thread and thought I just needed to wait 6 months to get the check. Now debating if I ask for a refund on the BMW CCA fee.
I apologize if it was my information that was incorrect. I'd say to keep the membership though. The Roundel magazine is worth the cost alone.
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      Yesterday, 11:34 PM   #1752
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That's not a great deal. I'm paying 1250 per month on a 24 month lease for a $115k car....really it's less because incentives took care of my first month's payment. It's a 2019
model but the 2020 is not $500 better than a 2019....matter of fact, some hate the new dash and consider it a step back from the 2019. This was $0 drive away, too.
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      Today, 12:19 AM   #1753
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Quote:
Originally Posted by mjr24 View Post
It's a 2019 model but the 2020 is not $500 better than a 2019....matter of fact, some hate the new dash and consider it a step back from the 2019. This was $0 drive away, too.
Uh huh, some do indeed... but not many that actually have one, though.

The list of improvements goes far beyond mere digital dash, it extends to tangible differences such as transmission/shift improvements and more. I'm lucky enough to have had both 19s and 20s back-to-back so the comparison is as balanced as I can make it.
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      Today, 12:33 AM   #1754
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Quote:
Originally Posted by limeypride View Post
Uh huh, some do indeed... but not many that actually have one, though.

The list of improvements goes far beyond mere digital dash, it extends to tangible differences such as transmission/shift improvements and more. I'm lucky enough to have had both 19s and 20s back-to-back so the comparison is as balanced as I can make it.
Those changes are not worth $500 per month, though. The new dash is boring to me. At first, I did indeed want the better navigation setup in the 20 (namely, the full screen with the left menu not being shown on navigation) but I then had full screen Carplay unlocked a few weeks ago and I don't even use IDrive anymore.
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      Today, 12:54 AM   #1755
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Quote:
Originally Posted by mjr24 View Post
Those changes are not worth $500 per month, though. The new dash is boring to me. At first, I did indeed want the better navigation setup in the 20 (namely, the full screen with the left menu not being shown on navigation) but I then had full screen Carplay unlocked a few weeks ago and I don't even use IDrive anymore.
Says you --I paid for it precisely because I think (some of) it's worth it. To each their own... I wouldn't go back; no way.

That said, and as you say, the premium is high... and largely because it's new... it'll even out as time goes by (the price of early adoption).

Last edited by limeypride; Today at 01:00 AM..
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