10-17-2019, 12:25 PM | #1 |
Private
43
Rep 90
Posts |
debating two different deals
Hey all, sort of a leasing noobie, so please be gentle. Here are the 2 deals I've just started working:
MSRP $124,995 (m5 comp) 36 mo, 10k miles Purchase option $74,997 $1681.89 down money $1,378 monthly payment includes $4500 rebate How does this look? 2nd deal...non-comp MSRP $118,595 rebate 4500 total savings + rebate $12,095 selling price $106,500 36 month / 10k mile $8,000 down, $1152 a month 2nd deal doesn't look attractive at all. |
10-17-2019, 02:10 PM | #2 |
Enlisted Member
57
Rep 47
Posts |
The comp appears to be a much better deal up front money wise. Name of the game on leases is to put as little money down as possible. You never know if this car gets totaled or stolen you just lost all that down payment. Now if its was $1152 with $1681 down on non-comp that would be a heck of a deal.
|
Appreciate
0
|
10-17-2019, 08:14 PM | #3 |
Private
43
Rep 90
Posts |
Reworked the numbers and pushed a little, I think I'm getting closer to a pretty good deal.
I'm getting closer. MSRP $118,595 Selling price $102,359 (about 13.7% off) $1719.28 due at signing $1280/month 36 month / 10k miles |
Appreciate
0
|
10-18-2019, 11:40 AM | #4 |
Private
21
Rep 92
Posts |
PM'ed you the details, but for that vehicle you're supposed to aim for $1099-1150 PA Taxes included only first months payment and dmv fees paid at signing
|
Appreciate
0
|
10-29-2019, 06:21 PM | #6 |
Private
43
Rep 90
Posts |
|
Appreciate
0
|
10-30-2019, 02:05 AM | #7 |
Colonel
1893
Rep 2,511
Posts |
Wow, these lease monthly payments have really come down. It happens with every new M5, if you can wait you get a great deal.
__________________
2022 F90 M5 Competition & 2019 M2 Competition
2019 F90 M5 Competition 2017 F80 M3 Competition 2014 F10 M5 Competition 2003 E39 M5 |
Appreciate
0
|
10-31-2019, 10:17 AM | #8 |
Private
43
Rep 90
Posts |
Well, put a deposit down. My dealer sent 2 drivers to bring in it. They drove 5 hours to get it...arrived and were told the other dealer sold it. Right out from under me...
Scumbags. Now i'm back to square one. So pissed. |
Appreciate
0
|
10-31-2019, 11:50 AM | #9 |
Private First Class
53
Rep 174
Posts |
That sucks man! Make your dealer stand behind their deal and make them find you another car!!
|
Appreciate
0
|
10-31-2019, 09:41 PM | #10 | |
Private
43
Rep 90
Posts |
Quote:
they did work hard/quick to find me another one, sending a driver tomorrow to pick it up. so hopefully this was all just a small snag. the replacement was slightly higher msrp, so i worked with them (although i did give a little too much). i'm still about 1250ish a month, so i'm happy. |
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|