BMW M5 Forum

Post Reply
 
Thread Tools Search this Thread
      10-29-2024, 09:22 PM   #67
masd79
First Lieutenant
masd79's Avatar
482
Rep
321
Posts

Drives: BMW X7 50i MSport
Join Date: Nov 2020
Location: Atlanta

iTrader: (0)

Quote:
Originally Posted by M6-Coupe View Post
57% residual for 10k miles is great. It's the same as M2/M3 and 2% higher than M4.
I guess they offered you 2k rebate correct?
No rebate nothing
Appreciate 0
      10-29-2024, 10:52 PM   #68
Hammer110!
Second Lieutenant
148
Rep
200
Posts

Drives: 22 F90M5C, 22 X7M50i
Join Date: Oct 2021
Location: WPB FL

iTrader: (0)

Quote:
Originally Posted by M6-Coupe View Post
Todays they don't calculate MF based on exact finance rate.
So basically 5.4% finance rate should be MF =0.00225 but I believe they can add 0.00040 and they do.
Correct. The dealer has the option to add UP TO 40 basis points on BMWFS base MF. The .00225 is base and I’ve seen people here being quoted the .00265 which includes the dealer bump. Personally I’d be negotiating for the base rate it’s a 100-200/mo difference in payment.
Appreciate 1
      10-29-2024, 11:04 PM   #69
M6-Coupe
Major General
M6-Coupe's Avatar
1820
Rep
6,702
Posts

Drives: F92 M8C Coupe
Join Date: Feb 2014
Location: Bay area

iTrader: (0)

Quote:
Originally Posted by Hammer110! View Post
Correct. The dealer has the option to add UP TO 40 basis points on BMWFS base MF. The .00225 is base and I’ve seen people here being quoted the .00265 which includes the dealer bump. Personally I’d be negotiating for the base rate it’s a 100-200/mo difference in payment.
Yes. For this particular car with above numbers MF 0.00225 can reduce the monthly payment by almost $90
__________________
Current : 2024 F92 Black Sapphire M8 Competition- ZF8
Gone : 2020 F92 Black Sapphire M8 - ZF8
Gone : 2018 F80 Mineral Gray M3 Competition - 6MT
Gone : 2016 F82 Austin Yellow M4 Competition - 6MT
Gone : 2013 F13 Sakhir Orange M6 -7DCT
Appreciate 1
      11-06-2024, 05:20 AM   #70
ROMIL
New Member
7
Rep
12
Posts

Drives: .
Join Date: May 2022
Location: USA

iTrader: (0)

Quote:
Originally Posted by M6-Coupe View Post
Todays they don't calculate MF based on exact finance rate.
So basically 5.4% finance rate should be MF =0.00225 but I believe they can add 0.00040 and they do.
When dealer's mark up the MF, that's a sign to move on to a different dealer
Appreciate 0
      11-06-2024, 09:14 AM   #71
jm490
First Lieutenant
563
Rep
402
Posts

Drives: 21' F90 M5c
Join Date: Aug 2014
Location: Northern NJ

iTrader: (0)

Quote:
Originally Posted by ROMIL View Post
When dealer's mark up the MF, that's a sign to move on to a different dealer
Where can you see or know the base rate for the MF at the time of leasing? Is every state or dealership different? This is good info thank you
Appreciate 0
      11-06-2024, 10:09 AM   #72
Oswiff
First Lieutenant
Oswiff's Avatar
United_States
164
Rep
333
Posts

Drives: 2021 m5 comp
Join Date: May 2018
Location: New Jersey

iTrader: (1)

Quote:
Originally Posted by jm490 View Post
Where can you see or know the base rate for the MF at the time of leasing? Is every state or dealership different? This is good info thank you
BMW FS sets the rate but dealers can increase the rate by a set amount that BMW FS caps.
To find out the rate when you are ready to sign the docs, the easiest option is to utilize the spreadsheet that Next Level Auto Broker has on leasehackers and he shows the MF as well as residual (which can’t be adjusted). He updates the sheet every month as MF and residual can change each month.

Last edited by Oswiff; 11-06-2024 at 10:10 AM..
Appreciate 1
      11-06-2024, 11:29 AM   #73
ctelimad
Lieutenant
ctelimad's Avatar
440
Rep
463
Posts

Drives: bmw m8
Join Date: Jun 2020
Location: nyc

iTrader: (0)

Quote:
Originally Posted by M6-Coupe View Post
Yes. For this particular car with above numbers MF 0.00225 can reduce the monthly payment by almost $90
Yes it is 3k for 36 month
For the my sedan i am not paying anything above base rates for that month
The car is not that hot to deserve a markup on MF
Appreciate 0
      11-06-2024, 11:39 AM   #74
Rupnok
Registered
0
Rep
1
Posts

Drives:
Join Date: Oct 2024
Location: Gig Harbor, WA

iTrader: (0)

When I use the bmwusa payment calculator it seems that to lease the Touring it is almost $1200 more to lease than to purchase. Is that just likely a glitch at this point? For the sedan the lease is cheaper.
Appreciate 0
      11-06-2024, 12:14 PM   #75
ctelimad
Lieutenant
ctelimad's Avatar
440
Rep
463
Posts

Drives: bmw m8
Join Date: Jun 2020
Location: nyc

iTrader: (0)

Quote:
Originally Posted by Rupnok View Post
When I use the bmwusa payment calculator it seems that to lease the Touring it is almost $1200 more to lease than to purchase. Is that just likely a glitch at this point? For the sedan the lease is cheaper.
Yes they did not update the lease terms
Wait few weeks and this will change
Appreciate 0
      11-06-2024, 06:36 PM   #76
Moewron
Private
87
Rep
76
Posts

Drives: 2023 iX M60; 2021 X5 45e
Join Date: Oct 2024
Location: North Carolina

iTrader: (0)

Quote:
Originally Posted by Rupnok View Post
When I use the bmwusa payment calculator it seems that to lease the Touring it is almost $1200 more to lease than to purchase. Is that just likely a glitch at this point? For the sedan the lease is cheaper.
Same thing happened with the G90 when it first went up.
Appreciate 1
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 08:34 AM.




m5:
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST