Buy out M550i lease or get M850i?

Joe-BMW33 · 05-04-2021, 08:26 AM

Quote:

Originally Posted by BMWGUYinCO

I want to thank everyone again for your collective input; as of this morning I'm leaning more towards waiting for my dealer to get a custom build slot so I can order the car exactly the way I would want it.
As of now, he doesn't have one and even if it means missing the upcoming top down season, it's worth waiting until Sept or so.

Good call, I didn't want to say it, but others did with backhanded good natured jabs, so I will now say it, that color is for chicks! ;-)

LuvMyE92 · 05-04-2021, 08:28 AM

I would compare that $52K buyout to what the car is actually worth today. That's step 1.

Step 2 is to borrow the 850i for a day or two to see what you really think. A convertible is sweet, but the rear visibility really sucks when the top is up.

I borrowed an M850i convertible for a day a few years ago, when they had way too many from the launch and were giving them away. I was looking at a nearly $30K discount on a base car, but even with that, I couldn't stomach what I perceived to be a really bad depreciation curve, and along with being far underwater on my 540i lease, it just didn't happen.

ksoze · 05-04-2021, 08:51 AM

Quote:

Originally Posted by LuvMyE92

I would compare that $52K buyout to what the car is actually worth today. That's step 1.

Agreed. As part of step 1 however it needs to be compared with a new car. That $52K seem high, but the new car will drop 10% or more driving off the lot. The old car took its main depreciation hit years ago and the previous owner is a trusted source ;-)

BMWGUYinCO · 05-04-2021, 12:01 PM

My dealer called me yesterday to tell me that while the MF stayed the same for May, there are no further incentives (not even $500 for USAA, etc.), AND the residual on the 2022 M850s just got lowered by 1%.

In addition, the market today means very little discount off of MSRP. So risk factor went up a bit by deciding to wait until Sept...

TiMSport · 05-08-2021, 12:53 AM

Quote:

Originally Posted by BMWGUYinCO

My dealer called me yesterday to tell me that while the MF stayed the same for May, there are no further incentives (not even $500 for USAA, etc.), AND the residual on the 2022 M850s just got lowered by 1%.

In addition, the market today means very little discount off of MSRP. So risk factor went up a bit by deciding to wait until Sept...

Stepping in here as I was curious what you ended up doing. Feel a bit out of place in here as I don't have a 5er, lol. Well since someone did eventually say it, the one you were contemplating is a chick color.

It's good you're going to go with a custom build in a color that you truly want, not what's convenient. Just my 2 cents AGAIN!

Gautam · 05-09-2021, 12:56 AM

Quote:

Originally Posted by BMWGUYinCO

Ha - great minds....I thought of that, but alas things like night vision, dynamic handling, soft close doors etc. aren't available on '21 M850s!

FYI most of what you listed actually appears to be standard on the M850. Integral active steering, active m suspension professional and soft-close doors all don’t require any options or packages.

BMWGUYinCO · 05-10-2021, 09:48 AM

Quote:

Originally Posted by Gautam

FYI most of what you listed actually appears to be standard on the M850. Integral active steering, active m suspension professional and soft-close doors all don’t require any options or packages.

You are correct and I was mistaken.

Even though I let my dealer know that I wanted to wait until they got a build slot, they are keeping the option open for me all this month (May).

As I mentioned before, the residual dropped by 1% therefore raising the monthly lease payment, but because I had completed the BMW credit app I am locked in at the prior residual....oh, and did I mention they are making me a really good deal? So, while the door is mostly closed, it still is open a tiny crack....

EDIT: I am seeing on LeaseHackr that there may be a good program opening up in June on the 8 series!

igelkotten82 · 05-13-2021, 10:30 AM

Would not suprise me if there will be good offers in the near future to keep up the sales now when we get to see the lci model beeing out testing before it gets launched fot maybe the 22 model year.

BMWGUYinCO · 05-21-2021, 02:05 PM

Update - so the end of this very loooooooong story for me is:

SteveinArizona · 05-21-2021, 02:26 PM

Quote:

Originally Posted by TiMSport

Stepping in here as I was curious what you ended up doing. Feel a bit out of place in here as I don't have a 5er, lol. Well since someone did eventually say it, the one you were contemplating is a chick color.

It's good you're going to go with a custom build in a color that you truly want, not what's convenient. Just my 2 cents AGAIN!

What is a chick color? One you don't think is manly enough?

TiMSport · 05-21-2021, 02:29 PM

Quote:

Originally Posted by SteveinArizona

What is a chick color? One you don't think is manly enough?

Steve, it's an inside joke so chill the hell out for a change. There seems to be a pattern with you.
Read the fvcking thread before speaking.

Joe-BMW33 · 05-21-2021, 02:47 PM

Quote:

Originally Posted by BMWGUYinCO

Update - so the end of this very loooooooong story for me is:

Very pretty. Are you going to get some pink fuzzy dice and a "Soccer Mom" bumper sticker

Just giving you shit, that is a nice looking ride! Definitely more luxury than sporty. Enjoy the breeze!

BMWGUYinCO · 05-21-2021, 03:54 PM

Quote:

Originally Posted by Joe-BMW33

Very pretty. Are you going to get some pink fuzzy dice and a "Soccer Mom" bumper sticker

Just giving you shit, that is a nice looking ride! Definitely more luxury than sporty. Enjoy the breeze!

LOL. I will say, Barcelona Blue is one of those colors that changes appearance a lot depending on lighting, and the color has really grown on me. And the cognac interior really surprised me with the luxurious color, especially contrasting with the black.

Speaking of sporty though - the sound of the V8 in Sport mode with the top down makes the Bowers & Wilkins stereo a complete waste of money. I will probably never listen to music with the top down. That engine exhaust roars, burbles and crackles like a demon!

Joe-BMW33 · 05-21-2021, 07:04 PM

Quote:

Originally Posted by BMWGUYinCO

Quote:

Originally Posted by Joe-BMW33

Very pretty. Are you going to get some pink fuzzy dice and a "Soccer Mom" bumper sticker

Just giving you shit, that is a nice looking ride! Definitely more luxury than sporty. Enjoy the breeze!

LOL. I will say, Barcelona Blue is one of those colors that changes appearance a lot depending on lighting, and the color has really grown on me. And the cognac interior really surprised me with the luxurious color, especially contrasting with the black.

Speaking of sporty though - the sound of the V8 in Sport mode with the top down makes the Bowers & Wilkins stereo a complete waste of money. I will probably never listen to music with the top down. That engine exhaust roars, burbles and crackles like a demon!

All kidding aside, cognac interior is the best and looks really good with the ragtop down. I wish they offered it on the 550 in Nappa. I think a some better pics in low level light will show off the exterior color more. Congrats.

05-04-2021, 08:28 AM	#68
LuvMyE92 Occasionally frequent poster 3000 Rep 2,744 Posts Drives: CT5V-Blackwing Join Date: Jan 2008 Location: RTP NC, USA iTrader: (0)	I would compare that $52K buyout to what the car is actually worth today. That's step 1. Step 2 is to borrow the 850i for a day or two to see what you really think. A convertible is sweet, but the rear visibility really sucks when the top is up. I borrowed an M850i convertible for a day a few years ago, when they had way too many from the launch and were giving them away. I was looking at a nearly $30K discount on a base car, but even with that, I couldn't stomach what I perceived to be a really bad depreciation curve, and along with being far underwater on my 540i lease, it just didn't happen. __________________ Current inventory: F22 & G05 Cadillac CT5-V Blackwing w/3 pedals Past: E24,E28(3),E34,E36,E37,E38(2),E39(4),E46,E89,E92 (obviously),F01,F06,F10,F30,F87,G12,G30(2),G82(2)
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05-04-2021, 12:01 PM	#70
BMWGUYinCO Second Lieutenant 4120 Rep 273 Posts Drives: 22 M850 Convertible '23 X3 M40 Join Date: Apr 2020 Location: Colorado iTrader: (0)	My dealer called me yesterday to tell me that while the MF stayed the same for May, there are no further incentives (not even $500 for USAA, etc.), AND the residual on the 2022 M850s just got lowered by 1%. In addition, the market today means very little discount off of MSRP. So risk factor went up a bit by deciding to wait until Sept...
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05-13-2021, 10:30 AM	#74
igelkotten82 Private 40 Rep 78 Posts Drives: Bmw M550i and 435d GC Join Date: Jan 2021 Location: Sweden iTrader: (0) Garage List 2007 Alfa Romeo GT ... [0.00] 2004 AUDI A2 1.4TDI [0.00] 2016 BMW 435d Gran ... [0.00] 2021 BMW M550i [0.00]	Would not suprise me if there will be good offers in the near future to keep up the sales now when we get to see the lci model beeing out testing before it gets launched fot maybe the 22 model year.
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05-21-2021, 02:05 PM	#75
BMWGUYinCO Second Lieutenant 4120 Rep 273 Posts Drives: 22 M850 Convertible '23 X3 M40 Join Date: Apr 2020 Location: Colorado iTrader: (0)	Update - so the end of this very loooooooong story for me is: Attached Images
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