2015 BMW M5 Lease

*tom · May 2015

Good morning.

I am in the market for a new 2015 BMW M5 and the dealer I am working with is offering these terms:

MSRP $112,295
CAP COST: $106,862
MF: .00129
RESIDUAL: .62
DOWN PAY: $2,305.51
TERM: 36 months
MILES: 12,000/year

From this, I calculated the following:

MONTHLY DEPR: $970.38
MONTHLY L FEE: $224.69
MONTHLY PMNT: $1195.07 pre-tax
CA TAX (8%): $95.61
TOTAL MONTHLY PMNT: $1290.68

However, the dealer is telling me the pre-tax payment is $1364 and the total payment is $1473.51.

Can you please confirm that I am calculating this correctly and also help me to figure out why there is a discrepancy? I am heading up to the dealer today and wanted to have some insight before sitting down to negotiate further.

Additional info:

The dealer has not told me what the fees are related to acquisition, license, etc. but I believe they are included as part of the down payment in the amount of $832 (DP $2305.51 - TOT PMNT $1473.51).

The dealer is also telling me that there are no incentives at all available at this time. I inquired about loyalty credit (coming from a 750Li bought at this dealership 2.5 years ago), college grad (only for grads in last year), innovations credit (according to BMW website, $1,500 should be available), down payment waiver (this may already be applied - my credit is over 800), any upcoming Memorial Day sale incentives.

Any advice you are able to provide would be greatly appreciated.

Best regards,

Tom

Michaell · May 2015

*tom said:
Good morning.

I am in the market for a new 2015 BMW M5 and the dealer I am working with is offering these terms:

MSRP $112,295
CAP COST: $106,862
MF: .00129
RESIDUAL: .62
DOWN PAY: $2,305.51
TERM: 36 months
MILES: 12,000/year

From this, I calculated the following:

MONTHLY DEPR: $970.38
MONTHLY L FEE: $224.69
MONTHLY PMNT: $1195.07 pre-tax
CA TAX (8%): $95.61
TOTAL MONTHLY PMNT: $1290.68

However, the dealer is telling me the pre-tax payment is $1364 and the total payment is $1473.51.

Can you please confirm that I am calculating this correctly and also help me to figure out why there is a discrepancy? I am heading up to the dealer today and wanted to have some insight before sitting down to negotiate further.

Additional info:

The dealer has not told me what the fees are related to acquisition, license, etc. but I believe they are included as part of the down payment in the amount of $832 (DP $2305.51 - TOT PMNT $1473.51).

The dealer is also telling me that there are no incentives at all available at this time. I inquired about loyalty credit (coming from a 750Li bought at this dealership 2.5 years ago), college grad (only for grads in last year), innovations credit (according to BMW website, $1,500 should be available), down payment waiver (this may already be applied - my credit is over 800), any upcoming Memorial Day sale incentives.

Any advice you are able to provide would be greatly appreciated.

Best regards,

Tom

I confirm the .00129 MF and 62% residual for 36/12. What is the $2300 up front cash used for

I do show $1500 anniversary credit on the M5 as well.

Using your MSRP and selling price, I get a payment different from both your calculations and the dealer. I'm showing $1034.42 in depreciation, $227.67 in lease costs for a total pre-tax payment of $1262.08. Add 8% tax and the payment becomes $1363.05.

Use the "Car Research" tab at the top of the page to link to any other customer incentives available.

Can't answer the question why my numbers are different .. I use a home-grown spreadsheet as my lease calculator.

kyfdx · May 2015

I get $1262/mo.+tax, as well..

I would assume the dealer is marking up the money factor and not disclosing that..

howardpro · August 2015

Hi - I just put a deposit down for a 2015 m5. We worked out the numbers using July's money factor of .0013 and a 62% residual on a 12k mi 36 month lease. Does anyone know if the August numbers are different for a 2015 m5? Thanks

Michaell · August 2015

howardpro said:
Hi - I just put a deposit down for a 2015 m5. We worked out the numbers using July's money factor of .0013 and a 62% residual on a 12k mi 36 month lease. Does anyone know if the August numbers are different for a 2015 m5? Thanks

No change in the numbers for August.

muffinflavored · November 2015

5% off sticker, then do MSDs, get the MF down to about 0.0008

10k miles bumps residual to 63% (assumed)

$104,095 MSRP configured like a normal person (executive package, 20" wheels, driver's assistance)
$98,890 net assuming 5% sticker

$1,150/mo with tax

Dealer black magic would surely come in and muck that up.

Wouldn't want to lease one of these beasts for 3 full years without plenty of backup money in the bank!

Not even sure if you can do MSDs or get 5% off. Just doing scratchpad math.

Michaell · November 2015

muffinflavored said:
5% off sticker, then do MSDs, get the MF down to about 0.0008

10k miles bumps residual to 63% (assumed)

$104,095 MSRP configured like a normal person (executive package, 20" wheels, driver's assistance)
$98,890 net assuming 5% sticker

$1,150/mo with tax

Dealer black magic would surely come in and muck that up.

Wouldn't want to lease one of these beasts for 3 full years without plenty of backup money in the bank!

Not even sure if you can do MSDs or get 5% off. Just doing scratchpad math.

Can do MSD against any BMW.

Can't speak to the size of the discount available on the M5, however.

bananaero · November 2015

Hello, what is the MF and residual for 2015 M5? 10k miles / 36/39 months? Thanks!

Michaell · November 2015

bananaero said:
Hello, what is the MF and residual for 2015 M5? 10k miles / 36/39 months? Thanks!

.00131 and 59% for 36/10. $2000 buildout cash and $1000 Novemberfest adder.

39 month numbers not viable.

mike2360 · January 2016

Hello, what are the numbers for January on a 2015 M5. 36/10K. Thanks

kyfdx · January 2016

mike2360 said:
Hello, what are the numbers for January on a 2015 M5. 36/10K. Thanks

.00132 MF and 57% residual. $3000 buildout cash

muffinflavored · February 2016

@kydfx @Michaell http://f10.m5post.com/forums/showthread.php?t=1117921 Why am I reading about $800, $900, and $1,000/mo M5s with 22% discount?

What do I have to do to get this kind of deal? Do all chances of configuring/picking colors go out the window on this kind of deal?

Michaell · February 2016

muffinflavored said:
@kydfx @Michaell http://f10.m5post.com/forums/showthread.php?t=1117921 Why am I reading about $800, $900, and $1,000/mo M5s with 22% discount?

What do I have to do to get this kind of deal? Do all chances of configuring/picking colors go out the window on this kind of deal?

The latest post in that thread is 8 months old .. not sure how relevant it is to making a deal this month.

All you can do is make your best deal on price and try to avoid any junk fees that jack up the cap cost.

MSDs will reduce your MF and lower your monthly payment.

nickw44 · March 2016

Anyone have the current residual for 36/10 and 36/12?

Michaell · March 2016

nickw44 said:
Anyone have the current residual for 36/10 and 36/12?

.00135 and 56% for 36/12. $3000 buildout allowance. Add 1% for 10k

jay1577 · June 2016

What is the MF and residual for the month of Jun ?

kyfdx · June 2016

jay1577 said:
What is the MF and residual for the month of Jun ?

2015 MF

.00138 MF and 52% residual for 36/15
$3000 buildout allowance

jay1577 · June 2016

What is it for 36/12?

kyfdx · June 2016

jay1577 said:
What is it for 36/12?

Add 2% to go from 15K/yr to 12K/yr

jay1577 · June 2016

what is 2016 M5 MF and residual for 36/12k ?

kyfdx · June 2016

jay1577 said:
what is 2016 M5 MF and residual for 36/12k ?

2016: .00138 MF and 63% residual

jay1577 · June 2016

Looking at a 2015 M5 brand new, how much off MSRP should it be discounted? If I lease what should the MF and residual be for a 2015??

Michaell · June 2016

jay1577 said:
Looking at a 2015 M5 brand new, how much off MSRP should it be discounted? If I lease what should the MF and residual be for a 2015??

.00138 and 52% for 36/15. $3000 buildout allowance

We don't track selling prices, but for new 2016 models, we suggest 7% MSRP before incentives. As it's a year old already, I would probably go for more than that.

hpforlife · December 2016

Is there still programs on the 2015's, if so, can I get 36/10k

Michaell · December 2016

hpforlife said:
Is there still programs on the 2015's, if so, can I get 36/10k

There are no 2015 BMW lease numbers, sorry.

ROBRTM5 · January 2017

Hello - Can you please share the January Residual and MF for a 2016 M5 with Competition Packg.
Looking for 36/10.

Tks

Michaell · January 2017

ROBRTM5 said:
Hello - Can you please share the January Residual and MF for a 2016 M5 with Competition Packg.
Looking for 36/10.

Tks

There is a 2016 M5 thread, here:

https://forums.edmunds.com/discussion/42031/bmw/m5/lease-factor-for-2016-m5#latest

2015 BMW M5 Lease

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