Best m5 lease rates at the moment?

[edo]

slippery said:

Get yourself a sub 20k bargain barge Ed, we know you're great at sniffing them out!

[W8PMC]

I can also confirm that BMW UK themselves had to subsidise the initial deposit by an additional £5,635.35 for my replacement F10 M5 to match the deal i got on my 1st F10 M5 so it's safe to say the deals of last year are long gone.

[edo]

Ok, have improved a little;

£755 pm, 3 year deal, 12k per annum, £4.5k down.
Standard F10 M5 with surround view/camera (I have a pig of an exit straight onto a lane).

I dont mind paying a little more than the 618 I pay on the 640d, but would be happier if it was a number starting with a 6....

Any lease companies or BMW sales people think they can match the above?

[Blue62]

edo said:

Ok, have improved a little;

£755 pm, 3 year deal, 12k per annum, £4.5k down.
Standard F10 M5 with surround view/camera (I have a pig of an exit straight onto a lane).

I dont mind paying a little more than the 618 I pay on the 640d, but would be happier if it was a number starting with a 6....

Any lease companies or BMW sales people think they can match the above?

That sounds pretty good, but would it be worth waiting until Q3 to see what happens, or even looking at the M6GC where the contributions are pretty good. Out of interest, what do you think of the 640d? I was mightily impressed with a hired convertible recently.

[Stupeo]

edo said:

Ok, have improved a little;

£755 pm, 3 year deal, 12k per annum, £4.5k down.
Standard F10 M5 with surround view/camera (I have a pig of an exit straight onto a lane).

I dont mind paying a little more than the 618 I pay on the 640d, but would be happier if it was a number starting with a 6....

Any lease companies or BMW sales people think they can match the above?

Freedom are doing the following

£671 per month, 3 years, 8k per annum with 4k down.

http://www.freedomcontracts.com/BMW-M5-4.4i-4Dr-Sa...

[edo]

Blue62 said:

edo said:

Ok, have improved a little;

£755 pm, 3 year deal, 12k per annum, £4.5k down.
Standard F10 M5 with surround view/camera (I have a pig of an exit straight onto a lane).

I dont mind paying a little more than the 618 I pay on the 640d, but would be happier if it was a number starting with a 6....

Any lease companies or BMW sales people think they can match the above?

That sounds pretty good, but would it be worth waiting until Q3 to see what happens, or even looking at the M6GC where the contributions are pretty good. Out of interest, what do you think of the 640d? I was mightily impressed with a hired convertible recently.

Love it, may even get another if I cant improve on the M5 deal

[edo]

Stupeo said:

edo said:

Ok, have improved a little;

£755 pm, 3 year deal, 12k per annum, £4.5k down.
Standard F10 M5 with surround view/camera (I have a pig of an exit straight onto a lane).

I dont mind paying a little more than the 618 I pay on the 640d, but would be happier if it was a number starting with a 6....

Any lease companies or BMW sales people think they can match the above?

Freedom are doing the following

£671 per month, 3 years, 8k per annum with 4k down.

http://www.freedomcontracts.com/BMW-M5-4.4i-4Dr-Sa...

Thanks. I expect by the time they quote for 12k that will be as much or more than the other quote but will try them.

[M777CUS]

i got quoted (brand new F10 M5, standard spec)

15% deposit
2.5k dealer contribution
0% finance
639 p/m

is this the best deal out there at the minute for an F10 M5? dont like the 15% deposit tbh.

[theboss]

M777CUS said:

i got quoted (brand new F10 M5, standard spec)

15% deposit
2.5k dealer contribution
0% finance
639 p/m

is this the best deal out there at the minute for an F10 M5? dont like the 15% deposit tbh.

That £2.5k is from BMW I believe... the dealership should also be able to discount by up to about 14%

What are hou actually being asked to pay 15% of?

Last quarter a standard spec M5 could be done for £6k down and ~649/month also on 0%... so if I were you I'd be pushing for more discount / reduced deposit.

[silverous]

Seems to me like Eastern are offering similar ballpark rates to the good ol' days on the M5 ?

https://www.contracthireandleasing.com/car-leasing...

[Jonny TVR]

silverous said:

Seems to me like Eastern are offering similar ballpark rates to the good ol' days on the M5 ?

https://www.contracthireandleasing.com/car-leasing...

If you put in my mileage etc the cost works out at £1.3k a month and I'm currently paying less than £900 so they don't seem to be doing the old rates yet

[silverous]

Jonny TVR said:

If you put in my mileage etc the cost works out at £1.3k a month and I'm currently paying less than £900 so they don't seem to be doing the old rates yet

Ok, i'm looking at the base 8k per annum rates, which is £630k inc vat per month as far as I can tell. I think I missed out on the very best rates when I was last looking a year or two ago but even still this looks to be a pretty good deal. If you are mile munching then I accept it might not be the best deal.

[Jonny TVR]

silverous said:

Ok, i'm looking at the base 8k per annum rates, which is £630k inc vat per month as far as I can tell. I think I missed out on the very best rates when I was last looking a year or two ago but even still this looks to be a pretty good deal. If you are mile munching then I accept it might not be the best deal.

I think you could do better by £100 a month or so. I got mine at the end of the quarter as well which makes a big difference.

[silverous]

Jonny TVR said:

I think you could do better by £100 a month or so. I got mine at the end of the quarter as well which makes a big difference.

Really?! Where?
Would be up for that as that would pay for some options Still seems to be better than has been around for a while, as far as I can tell.

[Jonny TVR]

silverous said:

Really?! Where?
Would be up for that as that would pay for some options Still seems to be better than has been around for a while, as far as I can tell.

I was guessing but end of qtr is a good time to do the deal. Also picking the right dealer. I got mine through these people and they were the best deal at the time.

Neil Barnes
Business Development Manager
VIP 6 & 7 Series Specialist
BMW M Specialist

Cooper Thames Ditton
42 Portsmouth Road
Thames Ditton Surrey
KT6 5PZ
Tel.: [phone]
Direct: [phone]
Fax: [phone]
E-mail: [e-mail]
URL: www.cooperthamesdittonbmw.co.uk/corporate/

[kippaxking]

silverous said:

Jonny TVR said:

If you put in my mileage etc the cost works out at £1.3k a month and I'm currently paying less than £900 so they don't seem to be doing the old rates yet

Ok, i'm looking at the base 8k per annum rates, which is £630k inc vat per month as far as I can tell. I think I missed out on the very best rates when I was last looking a year or two ago but even still this looks to be a pretty good deal. If you are mile munching then I accept it might not be the best deal.

Yes but the Eastern £630/month deal involves a £10k deposit. The deals are nowhere near as good as 12 months ago.

[Luckey]

kippaxking said:

Yes but the Eastern £630/month deal involves a £10k deposit. The deals are nowhere near as good as 12 months ago.

Not sure the £10k deposit is correct .... based on the below copy paste from Eastern link.
All figures would be plus VAT for personal lease (to the best of my understanding)
Deposit would thus be circa 6 x 630 ..... £3780


6+35 8k Miles p/a
Initial Payment: £3,150
£525.00 Per Month, EXC VAT
Deposit:£3,150.00
Term:36 Months
Mileage:8k Miles p/a


I'm tempted.

Edited by Luckey on Monday 27th April 23:20

[Junior Bianno]

kippaxking said:

Yes but the Eastern £630/month deal involves a £10k deposit. The deals are nowhere near as good as 12 months ago.

How do you work that out?

[silverous]

kippaxking said:

Yes but the Eastern £630/month deal involves a £10k deposit. The deals are nowhere near as good as 12 months ago.

How on earth do you get 10k? It is 6x monthly payments, monthly payments are £630 inc vat, so that would be £3780 unless I'm very much mistaken !??

[NORTS]

How do people get around the BIK tax on these business deals? As they look very enticing until you workout the loss in tax.