[Drtjxtz]

My lease ends in 2 months, and I started shopping for a new M5.
What do you guys think about this quote? $127k MSRP , $8k discount, 0 down, taxes, 1st payment and fees upfront. They will pay the remaining two months of my current lease. Final $1630 a month.
My 2020 was 130k with the same structure at $1250 a month. I know we won't find the "1%" deals in the current market anymore, and a 30% increase in three years seems reasonable. Should I pull the trigger?

[ResIpsaLoquitur]

Originally Posted by Drtjxtz

My lease ends in 2 months, and I started shopping for a new M5.
What do you guys think about this quote? $127k MSRP , $8k discount, 0 down, taxes, 1st payment and fees upfront. They will pay the remaining two months of my current lease. Final $1630 a month.
My 2020 was 130k with the same structure at $1250 a month. I know we won't find the "1%" deals in the current market anymore, and a 30% increase in three years seems reasonable. Should I pull the trigger?

Seems reasonable at first glance. But you’ve left out most of the terms, and we’d be able to answer this accurately only with a window sticker, or, at the very least, an accurate and comprehensive equipment list. Mileage allotment, lease term, MF, and residual, too. Is it a leftover ‘22? ‘23?

Regardless, nice to see $8K discounts again.

[Drtjxtz]

Originally Posted by ResIpsaLoquitur

Seems reasonable at first glance. But you’ve left out most of the terms, and we’d be able to answer this accurately only with a window sticker, or, at the very least, an accurate and comprehensive equipment list. Mileage allotment, lease term, MF, and residual, too. Is it a leftover ‘22? ‘23?

Regardless, nice to see $8K discounts again.

- 2023 M5 comp
- Window sticker $127400
- Selling price $119125
- MF 0.00185
- Res 57%
- doc fee $599
- Acquisition fee $925
36/10 lease

[ResIpsaLoquitur]

Originally Posted by Drtjxtz

-Window sticker $127400
- Selling price $119125
- MF 0.00185
- Res 57%
- doc fee $599
- Acquisition fee $925
36/10 lease

Not too bad, especially if a ‘23 and doing pull ahead. Tried to confirm current MF buy rate from BMWFS but couldn’t do so. I want to say it was 0.00170 the last time I checked, but I could be totally wrong on that. Res is normal.

Doesn’t seem like a bad deal at all. Just ensure you’re getting the buy rate. If it’s a shady dealership, have them show you the documentation showing what the buy rate is and confirm that’s what’s in your P+SA.

If your lease is over, and you want another M5 while you’ve got the chance to get the last ICE you can, I’d probably go for it.

[NYG1121]

Looks pretty good! I just got 6k off a similar sticker so yours is even better!

[Greer]

Looks good to me, buddy.

[trev230]

Nice deal. What a relief to see some 5%+ movement off MSRPv again lol!

[Patton250]

Originally Posted by trev230

Nice deal. What a relief to see some 5%+ movement off MSRPv again lol!

Glad to see it too but damn now I feel raped for only getting 3K off. Car sales are slowing down significantly because of these interest rates. That and lots of people are upside down on previous shortage pricing purchases.

[Drtjxtz]

Originally Posted by NYG1121

Looks pretty good! I just got 6k off a similar sticker so yours is even better!

Looks like I will be joining the Alvite club!!! Picking up the car tomorrow.

[Drtjxtz]

And here she is, next to my old Donington. The Alvite color is slowly growing on me!The final deal ended with $9515 off and $1715 a month with only 1st month drive off and taxes rolled in to the payment.

[Parnishka]

Originally Posted by Drtjxtz

And here she is, next to my old Donington. The Alvite color is slowly growing on me!The final deal ended with $9515 off and $1715 a month with only 1st month drive off and taxes rolled in to the payment.

Princeton?
Who did u work with from sales? Sucks that my sales guy left that place, they lost a lot of customers because of that.

[Drtjxtz]

Originally Posted by Parnishka

Princeton?
Who did u work with from sales? Sucks that my sales guy left that place, they lost a lot of customers because of that.

Anthony Mcgeehan, a really nice guy. I would highly recommend him.

[micvite]

Originally Posted by Patton250

Glad to see it too but damn now I feel raped for only getting 3K off. Car sales are slowing down significantly because of these interest rates. That and lots of people are upside down on previous shortage pricing purchases.

If it makes you feel better I'm paying msrp😂

[willyp]

Originally Posted by micvite

If it makes you feel better I'm paying msrp😂

I was only able to get like 2500 off and the majority of that was due to the BMW credit... However I do now have an alpine white F90 with tarfuto on order coming this fall

[Patton250]

Originally Posted by micvite

If it makes you feel better I'm paying msrp😂

Everybody is paying MSRP brother. They might get $1000 or $2000 off to make them feel good but they’re not getting some big huge 10% discount. It’s just not happening. Not yet anyway. The way the economy is going it probably will happen, but not with M5’s. These cars are going extinct.

[micvite]

Originally Posted by Patton250

Everybody is paying MSRP brother. They might get $1000 or $2000 off to make them feel good but they’re not getting some big huge 10% discount. It’s just not happening. Not yet anyway. The way the economy is going it probably will happen, but not with M5’s. These cars are going extinct.

Nah there's plenty of deals out there especially for lot cars, but then again I put my order in last July when shit was msrp or higher so... yeah😂

[Patton250]

Originally Posted by micvite

Nah there's plenty of deals out there especially for lot cars,

I don’t believe it. Sorry. Those dealerships should send them to Florida then.

[micvite]

Originally Posted by Patton250

I don’t believe it. Sorry. Those dealerships should send them to Florida then.

You can look even on this forum people post them lol

[Patton250]

Originally Posted by micvite

You can look even on this forum people post them lol

I mean new.

[micvite]

Originally Posted by Patton250

I mean new.

There were 6% and 4% off cars and not just one or two floating around last month

[Patton250]

Originally Posted by micvite

There were 6% and 4% off cars and not just one or two floating around last month

[ResIpsaLoquitur]

Originally Posted by micvite

If it makes you feel better I'm paying msrp😂

But you’ve got the holy grail of extreme individual builds that has BMW’s blessing. I’m surprised they didn’t try to charge you’re more.

EDIT — Sorry I inadvertently overlooked the context of the discussion initially. I’ve seen 7% off in stock east coast cars within the month of March, but I’m not the least bit surprised micvite would not be paying MSRP for his wild build.