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      08-11-2019, 08:13 PM   #1189
happydanny3
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My SA said he'll do 10% off plus rebates on any in stock 2019 M5. Dealership is in Atlanta, GA.
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      08-12-2019, 07:58 PM   #1190
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United BMW?
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      08-13-2019, 04:11 PM   #1191
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Quote:
Originally Posted by daddymalu View Post
United BMW?
I reached out to United a couple months back. They offered a 7.6% discount, called it "great" and told me that's the reason they can't give me buy (base) rate MF. They had 10 M5s on the ground, told me it's cause there's a lot of demand on them in the south. Just checked, 9 on the ground including the one I inquired about. Yeah, it's the demand that's keeping them around
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      08-14-2019, 05:06 PM   #1192
tenaciousE
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Got another offer. They didn't give me the MF or residual, so I asked, but these are the initial details:

Base Payment 1,299.91
Total Payment W/Tax 1,423.40
Cap Cost 99,160.00
MSRP 112,045.00
Est. Miles Per Year 10,000

Amount Due at Signing
1st Month Payment 1,423.40
Acquisition Fee 925.00
Fees & Registration 1,076.00
Upfront Taxes 333.46
Total Cash Required on Delivery 3,757.86

Thoughts?
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      08-14-2019, 05:44 PM   #1193
mitch65
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Quote:
Originally Posted by tenaciousE View Post
Got another offer. They didn't give me the MF or residual, so I asked, but these are the initial details:

Base Payment 1,299.91
Total Payment W/Tax 1,423.40
Cap Cost 99,160.00
MSRP 112,045.00
Est. Miles Per Year 10,000

Amount Due at Signing
1st Month Payment 1,423.40
Acquisition Fee 925.00
Fees & Registration 1,076.00
Upfront Taxes 333.46
Total Cash Required on Delivery 3,757.86

Thoughts?
That is not bad. I would ask for 10% off plus the rebate, so the cap cost is $98,341
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      08-14-2019, 05:46 PM   #1194
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Quote:
Originally Posted by tenaciousE View Post
Got another offer. They didn't give me the MF or residual, so I asked, but these are the initial details:

Base Payment 1,299.91
Total Payment W/Tax 1,423.40
Cap Cost 99,160.00
MSRP 112,045.00
Est. Miles Per Year 10,000

Amount Due at Signing
1st Month Payment 1,423.40
Acquisition Fee 925.00
Fees & Registration 1,076.00
Upfront Taxes 333.46
Total Cash Required on Delivery 3,757.86

Thoughts?
9.3% off before rebate, marked up MF (looks like .0016). Should be able to do significantly better, as mentioned before; shoot for 11-12% (before rebate) + base MF (I'd go more aggressive on the % on a car in inventory > 6 months).
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      08-14-2019, 06:13 PM   #1195
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Thanks for your responses. I actually shopped this deal to the other sales rep from the previous deal and he just gave up and said, "enjoy your new car from xxx dealership".

Looks like the MF was 0.00155.

Will grind on this deal for a while
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      08-14-2019, 07:32 PM   #1196
vitaly
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Quote:
Originally Posted by tenaciousE View Post
Thanks for your responses. I actually shopped this deal to the other sales rep from the previous deal and he just gave up and said, "enjoy your new car from xxx dealership".

Looks like the MF was 0.00155.

Will grind on this deal for a while
You'll hear all sorts of things from dealers as you shop around - it's inherent to the process.

My suggestion would be to locate cars in stock that you like/would take, within some radius you're willing to drive, and email them telling where they need to be to earn your business (final cap price, base MF, $0 cap reduction ie no money down). Don't nebulously ask them for their best offer, unless your goal is just to find the best deal available and take it - tell them explicitly. Be patient and informed. If you cast a wide enough net, one of them (and you only need one at the end of the day) will come around to it. Maybe not today or tomorrow, maybe next week, month end or next month. If you're not in a rush, don't panic - this is a process where persistence and patience pays dividends. You have "evidence" that the discount you're asking for (11-12%, certainly 10%) is achievable, by multiple people, you're not asking for a unicorn deal. That's all you need to know at this point to be comfortable that you're not asking for the impossible.

Good luck!
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      08-14-2019, 09:13 PM   #1197
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Quote:
Originally Posted by vitaly View Post
You'll hear all sorts of things from dealers as you shop around - it's inherent to the process.

My suggestion would be to locate cars in stock that you like/would take, within some radius you're willing to drive, and email them telling where they need to be to earn your business (final cap price, base MF, $0 cap reduction ie no money down). Don't nebulously ask them for their best offer, unless your goal is just to find the best deal available and take it - tell them explicitly. Be patient and informed. If you cast a wide enough net, one of them (and you only need one at the end of the day) will come around to it. Maybe not today or tomorrow, maybe next week, month end or next month. If you're not in a rush, don't panic - this is a process where persistence and patience pays dividends. You have "evidence" that the discount you're asking for (11-12%, certainly 10%) is achievable, by multiple people, you're not asking for a unicorn deal. That's all you need to know at this point to be comfortable that you're not asking for the impossible.

Good luck!

the two "p's"

persistence, and patience... this man understands.
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      08-16-2019, 02:22 PM   #1198
tenaciousE
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So here is the most recent update for the M5C. I decided to apply MSD's as well because it knocked off a over grand off the total lease.


Term 36
Base Payment 1,186.16
Total Payment W/Tax 1,298.85
Cap Cost 98005.11
MSRP 112,045.00
Est. Miles Per Year 10,000
Residual 55%
MF (pre-MSD): 0.00145
MSD: 7



Amount Due at Signing (pre-MSD)
1st Month Payment 1,298.85
Acquisition Fee 925.00
Fees & Registration 1,076.00
Upfront Taxes 365.26
Cap Reduction (Cash) 334.89

Thoughts before I pull the trigger?
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      08-16-2019, 03:54 PM   #1199
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Quote:
Originally Posted by tenaciousE View Post
So here is the most recent update for the M5C. I decided to apply MSD's as well because it knocked off a over grand off the total lease.


Term 36
Base Payment 1,186.16
Total Payment W/Tax 1,298.85
Cap Cost 98005.11
MSRP 112,045.00
Est. Miles Per Year 10,000
Residual 55%
MF (pre-MSD): 0.00145
MSD: 7



Amount Due at Signing (pre-MSD)
1st Month Payment 1,298.85
Acquisition Fee 925.00
Fees & Registration 1,076.00
Upfront Taxes 365.26
Cap Reduction (Cash) 334.89

Thoughts before I pull the trigger?
Looks great. Which dealership is this if you dont mind sharing?
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      08-16-2019, 05:21 PM   #1200
vitaly
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Quote:
Originally Posted by tenaciousE View Post
So here is the most recent update for the M5C. I decided to apply MSD's as well because it knocked off a over grand off the total lease.


Term 36
Base Payment 1,186.16
Total Payment W/Tax 1,298.85
Cap Cost 98005.11
MSRP 112,045.00
Est. Miles Per Year 10,000
Residual 55%
MF (pre-MSD): 0.00145
MSD: 7



Amount Due at Signing (pre-MSD)
1st Month Payment 1,298.85
Acquisition Fee 925.00
Fees & Registration 1,076.00
Upfront Taxes 365.26
Cap Reduction (Cash) 334.89

Thoughts before I pull the trigger?
Tell them cap cost $96.1k and you're taking the car. That's 12% off + rebate, about $50/mo difference (with 7 MSDs) or $1800 for the term. That'll be a solid deal.
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      08-19-2019, 02:46 PM   #1201
Jimmy K
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Here's a proposal I got today. Can I get some input on it.

msrp 125,xxx
discount 12,500
rebates 2,500
MF .00145
Zero down payment
Due at delivery 12.82 (lol)
Doc fee 799
registration 95
Term 36months/10 k miles per year

$1618/month

Am I getting hosed somewhere?
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      08-19-2019, 08:55 PM   #1202
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Quote:
Originally Posted by Jimmy K View Post
Here's a proposal I got today. Can I get some input on it.

msrp 125,xxx
discount 12,500
rebates 2,500
MF .00145
Zero down payment
Due at delivery 12.82 (lol)
Doc fee 799
registration 95
Term 36months/10 k miles per year

$1618/month

Am I getting hosed somewhere?


they are taking 12k off the car bringin the cap cost to roughly 113, and still monthly payment is 1618?

no bueno.

what is 12.82 at delivery? or was that a typo?
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      08-19-2019, 10:05 PM   #1203
happydanny3
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Quote:
Originally Posted by daddymalu View Post
United BMW?
BMW of Gwinnett Place
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      08-19-2019, 10:11 PM   #1204
happydanny3
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Quote:
Originally Posted by TrevorM3 View Post
Quote:
Originally Posted by Jimmy K View Post
Here's a proposal I got today. Can I get some input on it.

msrp 125,xxx
discount 12,500
rebates 2,500
MF .00145
Zero down payment
Due at delivery 12.82 (lol)
Doc fee 799
registration 95
Term 36months/10 k miles per year

$1618/month

Am I getting hosed somewhere?


they are taking 12k off the car bringin the cap cost to roughly 113, and still monthly payment is 1618?

no bueno.

what is 12.82 at delivery? or was that a typo?
I don't see how he is getting hosed.
10% off MSRP plus rebates and .00145 base rate MF
$1618 per month with pretty much $0 due at signing is a great deal. If he pays his fees and 1st month upfront, his payment would be around $1530. With MSD, payment would be around $1475. I am assuming the payment also includes tax, so it is actually a fantastic deal on a 125k M5C
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      08-19-2019, 11:15 PM   #1205
Jimmy K
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Quote:
Originally Posted by happydanny3 View Post
Quote:
Originally Posted by TrevorM3 View Post
Quote:
Originally Posted by Jimmy K View Post
Here's a proposal I got today. Can I get some input on it.

msrp 125,xxx
discount 12,500
rebates 2,500
MF .00145
Zero down payment
Due at delivery 12.82 (lol)
Doc fee 799
registration 95
Term 36months/10 k miles per year

$1618/month

Am I getting hosed somewhere?


they are taking 12k off the car bringin the cap cost to roughly 113, and still monthly payment is 1618?

no bueno.

what is 12.82 at delivery? or was that a typo?
I don't see how he is getting hosed.
10% off MSRP plus rebates and .00145 base rate MF
$1618 per month with pretty much $0 due at signing is a great deal. If he pays his fees and 1st month upfront, his payment would be around $1530. With MSD, payment would be around $1475. I am assuming the payment also includes tax, so it is actually a fantastic deal on a 125k M5C
I thought the $12.82 (not a typo) was a little strange, but I'm a noob when it comes to leasing.

So I have one vote for hosed and one for fantastic. All input is welcome and appreciated.
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      08-20-2019, 09:21 AM   #1206
vitaly
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Quote:
Originally Posted by Jimmy K View Post
Quote:
Originally Posted by happydanny3 View Post
Quote:
Originally Posted by TrevorM3 View Post
Quote:
Originally Posted by Jimmy K View Post
Here's a proposal I got today. Can I get some input on it.

msrp 125,xxx
discount 12,500
rebates 2,500
MF .00145
Zero down payment
Due at delivery 12.82 (lol)
Doc fee 799
registration 95
Term 36months/10 k miles per year

$1618/month

Am I getting hosed somewhere?


they are taking 12k off the car bringin the cap cost to roughly 113, and still monthly payment is 1618?

no bueno.

what is 12.82 at delivery? or was that a typo?
I don't see how he is getting hosed.
10% off MSRP plus rebates and .00145 base rate MF
$1618 per month with pretty much $0 due at signing is a great deal. If he pays his fees and 1st month upfront, his payment would be around $1530. With MSD, payment would be around $1475. I am assuming the payment also includes tax, so it is actually a fantastic deal on a 125k M5C
I thought the $12.82 (not a typo) was a little strange, but I'm a noob when it comes to leasing.

So I have one vote for hosed and one for fantastic. All input is welcome and appreciated.
Is this on an in-stock 2019? If so, 10% is good but I wouldn't call it fantastic. Any reasonable dealer should be able to do 10% on a $125k M5C on the ground. I'd say fantastic is 12+% at this point.

You should ask them for the final cap price, and itemize the fees/taxes/etc they rolled into it. With $12 driveoff, they must've put everything in there. But, make sure they break it down so there's no funny business.
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      08-20-2019, 02:18 PM   #1207
tenaciousE
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Ended up taking a long weekend after I closed the deal. Loving the M5C. Probably could've eek'd out a slightly better deal, but most certainly would have been taken for a lot more if not for this forum:

Term 36
Base Payment 1,169.51
Total Payment W/Tax 1,280.61
Cap Cost 97,429.00
MSRP 112,045.00
MF 0.00145
Residual 55%
Est. Miles Per Year 10,000
Amount Due at Signing
1st Month Payment 1,280.61
Acquisition Fee 925.00
Fees & Registration 1,076.00
Upfront Taxes 366.84
Cap Reduction (Cash) 351.55
Total Cash Required on Delivery 4,000.00

Thanks for you help, folks. Happy to PM anyone re: dealership info
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      08-20-2019, 05:43 PM   #1208
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congratulations
the car is great
just picked mine up this past Saturday
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      08-20-2019, 07:47 PM   #1209
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Quote:
Originally Posted by happydanny3 View Post
I don't see how he is getting hosed.
10% off MSRP plus rebates and .00145 base rate MF
$1618 per month with pretty much $0 due at signing is a great deal. If he pays his fees and 1st month upfront, his payment would be around $1530. With MSD, payment would be around $1475. I am assuming the payment also includes tax, so it is actually a fantastic deal on a 125k M5C

the discount as i said before is great...

but why is he paying 1618 a month for a car that is down to about 113 after the discount? we aren't using the msrp to base his monthly payment, we're using the capitalized cost.


if that is the case, tenacious two posts above lets say for arguments sake that dealer didnt give him any discount on his msrp (112) he would still only be paying 1280 for his car. which is good to me...
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      08-21-2019, 10:50 AM   #1210
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PMed

PMed, thx

Quote:
Originally Posted by tenaciousE View Post
Ended up taking a long weekend after I closed the deal. Loving the M5C. Probably could've eek'd out a slightly better deal, but most certainly would have been taken for a lot more if not for this forum:

Term 36
Base Payment 1,169.51
Total Payment W/Tax 1,280.61
Cap Cost 97,429.00
MSRP 112,045.00
MF 0.00145
Residual 55%
Est. Miles Per Year 10,000
Amount Due at Signing
1st Month Payment 1,280.61
Acquisition Fee 925.00
Fees & Registration 1,076.00
Upfront Taxes 366.84
Cap Reduction (Cash) 351.55
Total Cash Required on Delivery 4,000.00

Thanks for you help, folks. Happy to PM anyone re: dealership info
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