BMW M5 Forum

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      09-14-2024, 08:16 AM   #23
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Quote:
Originally Posted by moriluvatar View Post
Thanks for the guide. Definately needs a cooling off period before rushing into buy once available in the US.


Might sound twisted but I kind of hope there is a crazy early demand even for this heavy set model… might help BMW realize the need for the return of the 3 Touring.
Yes based on whispers this is basically their plan. Still think they did it backwards not going with the 3 touring firet especially because from a design language it looks better. But fingers crossed sales numbers do what they’re estimating with the 5 so us Muricans have a chance.
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      09-14-2024, 09:17 AM   #24
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Originally Posted by Mavus View Post
DO NOT buy only lease for 3y
The payment estimator for the G90 in the US says the lease would be 3100+ dollars/mo and I think the same configuration for G99 would be 10k-ish more on the sale price. The finance option is ~2400 dollars/mo.

I am guessing your position is these PHEV M5s will depreciate worse than prior generation M5s, so you likely can’t finance and dump in 2-3 years at break even or profit.
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      09-14-2024, 09:21 AM   #25
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Quote:
Originally Posted by rgw View Post
The payment estimator for the G90 in the US says the lease would be 3100+ dollars/mo and I think the same configuration for G99 would be 10k-ish more. The finance option is ~2400 dollars/mo.

I am guessing your position is these PHEV M5s will depreciate worse than prior generation M5s, so you likely can’t finance and dump in 2-3 years at break even or profit.
exactly … nightmare complexity, questionable reliability at this point and micro market
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      09-14-2024, 09:29 AM   #26
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Originally Posted by Mavus View Post
exactly … nightmare complexity, questionable reliability at this point and micro market
I just went by what BMW loaded up to show by default so, especially on the finance side, it likely isn’t a true picture of how the transaction goes down in reality. However it is telling that apples to apples money down, it is clear BMW has the depreciation on the M5 projected to be steep and it shows on the lease numbers.

I just ordered a 540ix and right now it is probably cheaper to lease and see where interest rates are in 3 years to determine if it is advantageous to buy the vehicle. I haven’t made that decision yet. However, it clearly shows that BMW doesn’t see the depreciation on a 540ix being quite as steep.
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      09-14-2024, 09:37 AM   #27
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Leasing these type of cars is always the way to go for me. The Bank takes the downside if they depreciate hard or get a Car Fax ding but you can still take the upside if the market is solid. I turned in my last 4 M leases 1-2 years early and grabbed $5 - $14k in equity. Now look at the market say for the XM or any of the EVs and buyers taking huge hits on resale.
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      09-14-2024, 10:16 AM   #28
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Quote:
Originally Posted by rgw View Post
I just went by what BMW loaded up to show by default so, especially on the finance side, it likely isn’t a true picture of how the transaction goes down in reality. However it is telling that apples to apples money down, it is clear BMW has the depreciation on the M5 projected to be steep and it shows on the lease numbers.

I just ordered a 540ix and right now it is probably cheaper to lease and see where interest rates are in 3 years to determine if it is advantageous to buy the vehicle. I haven’t made that decision yet. However, it clearly shows that BMW doesn’t see the depreciation on a 540ix being quite as steep.
I would predict 50% in 3y unless BMW provides free maint and wrnty for 10y. the design of h/w and drivetrain is stop gap and this will be a throw-away vehicle in 10y unless, again, BMW provides maint and wrnty. E30 325 with 200k mi will have higher value in 10y.
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      09-14-2024, 10:45 AM   #29
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Quote:
Originally Posted by Gfit View Post
Leasing these type of cars is always the way to go for me. The Bank takes the downside if they depreciate hard or get a Car Fax ding but you can still take the upside if the market is solid. I turned in my last 4 M leases 1-2 years early and grabbed $5 - $14k in equity. Now look at the market say for the XM or any of the EVs and buyers taking huge hits on resale.
Historically depreciation hits all the V8s(M5/M6/M8) decently, it's often worth it to even get a 6mo-1yr old car with less than 10k miles on it. This whole story of "oh we only get 1-2 allocations every so often" is a relatively new thing with BMW..my guess is that BMW is purposely keeping production low in order to maximize value.

Were your last 4 Ms either an M3 or an M4? Every single M3 I've owned had EXCELLENT resale values.
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      09-14-2024, 11:18 AM   #30
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Quote:
Originally Posted by ano0oj View Post
Historically depreciation hits all the V8s(M5/M6/M8) decently, it's often worth it to even get a 6mo-1yr old car with less than 10k miles on it. This whole story of "oh we only get 1-2 allocations every so often" is a relatively new thing with BMW..my guess is that BMW is purposely keeping production low in order to maximize value.

Were your last 4 Ms either an M3 or an M4? Every single M3 I've owned had EXCELLENT resale values.
2 X3M, a 22 M3 and hard to believe a 24 X5M as well just recently. Right before that I got a few thousand out of an early turn in on a Stelvio Quad because I turned it in right at the peak of the used car insanity.
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      09-14-2024, 12:24 PM   #31
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Originally Posted by Toyzdetailstudio View Post
went to crevier this week they told me you dont have waitlist for msrp and whats even crazier is they are still selling All m cars with a 7.5k markup. Insane
lol I’ve never paid markup through Crevier. Of course, I order my cars.
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      09-14-2024, 03:51 PM   #32
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Anyone have pics of the dark violet interior? Sounds sick
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      09-14-2024, 05:28 PM   #33
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Quote:
Originally Posted by Gfit View Post
2 X3M, a 22 M3 and hard to believe a 24 X5M as well just recently. Right before that I got a few thousand out of an early turn in on a Stelvio Quad because I turned it in right at the peak of the used car insanity.
The last 2-4 years is not indicative of a normal functioning car market.

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      09-14-2024, 06:25 PM   #34
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What is the M Drivers Package? Why would that be an optional package for an M model?
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      09-14-2024, 08:02 PM   #35
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What is the M Drivers Package? Why would that be an optional package for an M model?
Raised speed limiter (which is worthless for 99.999% of folks), and a voucher for one person to do a day of race training with M instructors

https://www.bmw-m.com/en/fastlane/dr...s-package.html
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      09-14-2024, 08:06 PM   #36
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Originally Posted by spuntyb View Post
Raised speed limiter (which is worthless for 99.999% of folks), and a voucher for one person to do a day of race training with M instructors

https://www.bmw-m.com/en/fastlane/dr...s-package.html
115K base, what’s another 2.5k right? However, I think this attitude is what caused BMW to produce a 5600lbs M model….
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      09-14-2024, 08:39 PM   #37
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Quote:
Originally Posted by rgw View Post
The payment estimator for the G90 in the US says the lease would be 3100+ dollars/mo and I think the same configuration for G99 would be 10k-ish more on the sale price. The finance option is ~2400 dollars/mo.
I never leased before but is it just me or is that number insane? Over 36 months you would have paid $111,600 at 3100/month. Unless the buy out for the car is like $15,000 at the end that seems like a bad deal. 😮
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      09-14-2024, 08:42 PM   #38
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Originally Posted by crypto View Post
I never leased before but is it just me or is that number insane? Over 36 months you would have paid $111,600 at 3100/month. Unless the buy out for the car is like $15,000 at the end that seems like a bad deal. 😮
Their points on these M5 leases are probably like 20%
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      09-14-2024, 10:10 PM   #39
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This isn’t going to be a $3100 month lease, be serious.

It’s going to probably be what the X5M and X6M lease is now….low 2000s with no discount. Residuals will be lower 50s, definitely not 50.
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      09-14-2024, 10:33 PM   #40
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Quote:
Originally Posted by ano0oj View Post
Historically depreciation hits all the V8s(M5/M6/M8) decently, it's often worth it to even get a 6mo-1yr old car with less than 10k miles on it. This whole story of "oh we only get 1-2 allocations every so often" is a relatively new thing with BMW..my guess is that BMW is purposely keeping production low in order to maximize value.

Were your last 4 Ms either an M3 or an M4? Every single M3 I've owned had EXCELLENT resale values.
You are absolutely right.
M5/M6/M8 have big depreciation.
M3/M4 always have decent equity and that’s why they sell very well. So dont be surprise if people get new M3/M4 every year 😂
Even with today’s monthly $1500–$1600 payment at the end of lease 30-40 percent of this money will be returned.
I had a 2018 M3 with monthly payment of $1000 . After 30 months when I traded in for M8 I got $9k so actual payment was $700 monthly ☺️
On my 2020 M8 however, at the end of lease market price was $10k less than residual so I had no choice but return the car while I really wanted to buy it off!
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      09-15-2024, 06:55 AM   #41
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      09-15-2024, 09:42 AM   #42
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Quote:
Originally Posted by crypto View Post
I never leased before but is it just me or is that number insane? Over 36 months you would have paid $111,600 at 3100/month. Unless the buy out for the car is like $15,000 at the end that seems like a bad deal. 😮
it's an extremely bad deal because BMW knows these won't hold their value.
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      09-15-2024, 10:28 AM   #43
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      09-15-2024, 05:26 PM   #44
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Quote:
Originally Posted by LuisBoston View Post
The last 2-4 years is not indicative of a normal functioning car market.
Agreed but I said in my original post and I’ll say again, if the market is soft you can just give it back and the bank takes the loss.
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