[Kstadt911]

Originally Posted by calimarc

Whenever someone has July Program for M5 lease that would be great! Last opportunity before delivery for some help from BMW Financial

In the same boat, possibly quite literally

[calimarc]

Originally Posted by Kstadt911

In the same boat, possibly quite literally

Are you on the Cassopeia Leader ?

[Kstadt911]

Originally Posted by calimarc

Are you on the Cassopeia Leader ?

Not sure, but supposed to be in port Brunswick this weekend ... yours?

[calimarc]

Originally Posted by Kstadt911

Not sure, but supposed to be in port Brunswick this weekend ... yours?

I hope your car isn't on the Cassopeia Leader! lol Don't think you want your car on the West Coast. My car will be in port this Friday at Port Hueneme in Southern California

[Kstadt911]

Originally Posted by calimarc

Whenever someone has July Program for M5 lease that would be great! Last opportunity before delivery for some help from BMW Financial

Do we know July resid and MF yet?

Any possibility of lease credit for M5C?

[fricks]

Any dealers in Southern California that are willing to deal at all on a M5C?

[somer]

Any July updated rates?

[PartTimeBaller]

Originally Posted by somer

Any July updated rates?

July rates should be released tomorrow (7/7) from what I have heard

[bm3tuning]

Should be released tomorrow 7/7

[zirotti]

New programs are released on 7/8

[paliknight]

Originally Posted by David.J

This is for a MY 2020 M5 Comp special order

MSRP $148,745

selling price 133541 (10% off MSRP)

Assuming current lease rates for the 2020

10k/36 55% residual

MF 0.00165

$1990 Monthly including NYC taxes

With Max MSDs total comes out to $1898.

drive off is first months payment, Acquisition and DMV.

would like to know your opinions.

Base MF, great discount off MSRP, and you can't do much about the rest of the numbers. I personally would never pay 2k a month for an M5 lease since you can get many other more exclusive vehicles for that price and lease transferring it before the term is up will be a impossible without a significant loss.

But the deal is relatively good so if it's exactly what you want and you're happy with those numbers I say go for it.

[zirotti]

For 2019MY, residuals have stayed the same:

10K - 55%
12K - 54%
15K - 52%

Rates have dropped half a point to 0.00145 MF or 3.48%

Lease credit has been changed from $5000 on Non-Comp only to $2500 on both Non-Comp and Comp

[Jason]

Updated with July lease figures.

[uniqueMR]

Leasing has been destroyed. I remember leasing was cheap and it was half the payment vs financing. Now there is hardly any difference with lease and finance payments

[zirotti]

Originally Posted by uniqueMR

Leasing has been destroyed. I remember leasing was cheap and it was half the payment vs financing. Now there is hardly any difference with lease and finance payments

Agreed. I think manufactures and captive lenders screwed themselves by artificially jacking up the residuals to make leases so affordable.

I look at leases as simply a way to let me get out of a car in 2-3 years without being upside down. Its not any cheaper on a monthly cash flow basis than financing but given that cars are a depreciating asset, leases limit my liability.

[somer]

Patience fellas, they will begin to creep up once the 2020's hit the lots. There are 600+ 2019's on lots they have to move by Spring. I never saw more than 150 F10 M5's in the entire country at one time over it's entire life cycle, they will get desperate to move them at some point.

[TrevorM3]

Originally Posted by uniqueMR

Leasing has been destroyed. I remember leasing was cheap and it was half the payment vs financing. Now there is hardly any difference with lease and finance payments

you're looking at it completely wrong, no offense.

[BMW-Newbie]

Originally Posted by David.J

I know a few dealers willing to go 10% off in stock Comp models.

So what are the magic words to get 10% off? "I would but I'm leaning toward an AMG E63." ??

[SSM5]

Originally Posted by somer

Patience fellas, they will begin to creep up once the 2020's hit the lots. There are 600+ 2019's on lots they have to move by Spring. I never saw more than 150 F10 M5's in the entire country at one time over it's entire life cycle, they will get desperate to move them at some point.

The 600 number you can pick up from Auto Trader or Cars.com can be misleading because most dealers list special order sold cars on their websites and many dealers list cars in inventory when they arrive at the port, that said, yes, there is a large amount of unsold 2019's that will have to go soon

[TrevorM3]

Originally Posted by BMW-Newbie

So what are the magic words to get 10% off? "I would but I'm leaning toward an AMG E63." ??

could work. but AMG leases are very poor in general, so.. just find a good dealer. tell them you want base MF, 0 down, and list the cap cost so they know you aren't fucking around.

[trev230]

Originally Posted by TrevorM3

could work. but AMG leases are very poor in general, so.. just find a good dealer. tell them you want base MF, 0 down, and list the cap cost so they know you aren't fucking around.

This is great advice. It really just takes patience and having the motivation and willingness to talk with multiple dealers. If you don't fully understand how leases work just educated yourself as much as you can. They are pretty simple once you get the basics down. When I was shopping in January I ended up with 4 dealers that all came down to numbers that were at the bottom and where I was wanting to be. To finance my car would have cost me more than $500 per month compared to my lease. Just be persistent and patient and it will pay off.

[OpenRoadBmw]

We have 10+ M5 comp and non comp in stock!! Contact me for great deals 718-612-4447

Brandon