[LuvMyE92]

I'm looking to buy (lease) a 2023 M550ix that is enroute to the dealer, and they sent me the "deal" yesterday for a lease. I'll break down the numbers below, but long story short, their price is $1354 and when I crunch it on leasehackr (using all defaults) I come up with $1066. That's a fairly significant difference.

My dealer loves to maximize their profit. I get that, especially these days when they are selling fewer cars but still have a stiff overhead to cover. And I can buy the car instead of leasing with little hardship... I just like the safety margin of a lease - which I know has pros and cons, I'm just sayin'...

I have tier one credit, and so I should get the best MF. They know this - I am a repeat customer. There may be some paint protection plans built into their quote that they didn't break down for me. And wheel protection. And paid maintenance. And nitrogen.

I don't know what residual or money factor they are using. I get a worse number when I use the BMW web site, so maybe I should shut up?

2023 M550ix
MSRP 87,195
Net Price 82,208
Due at inception 2196
NC tax rate: 7.5%
10K miles/year
36 months
no multiple MSD

TYIA for comments and suggestions.

[mffarrell]

Move on! That lease is ridiculous.

[BMW012]

Originally Posted by LuvMyE92

I'm looking to buy (lease) a 2023 M550ix that is enroute to the dealer, and they sent me the "deal" yesterday for a lease. I'll break down the numbers below, but long story short, their price is $1354 and when I crunch it on leasehackr (using all defaults) I come up with $1066. That's a fairly significant difference.

My dealer loves to maximize their profit. I get that, especially these days when they are selling fewer cars but still have a stiff overhead to cover. And I can buy the car instead of leasing with little hardship... I just like the safety margin of a lease - which I know has pros and cons, I'm just sayin'...

I have tier one credit, and so I should get the best MF. They know this - I am a repeat customer. There may be some paint protection plans built into their quote that they didn't break down for me. And wheel protection. And paid maintenance. And nitrogen.

I don't know what residual or money factor they are using. I get a worse number when I use the BMW web site, so maybe I should shut up?

2023 M550ix
MSRP 87,195
Net Price 82,208
Due at inception 2196
NC tax rate: 7.5%
10K miles/year
36 months
no multiple MSD

TYIA for comments and suggestions.

Thats a low inception. You can always ask them for exactly all the inputs they are using to build out your payment. Yours is also a 2023, the 2022 have been going to about 1500 these day.

[LuvMyE92]

Originally Posted by BMW012

... the 2022 have been going to about 1500 these day.

Wow.

After I wrote the post, I discovered that the military discount only applies if you do not use BMW financing, so I'll be better off getting more money off the top and just paying cash.

Thanks for the feedback!

[Antec800]

same msrp as yours mines a 22 tho No money down just 3300 doa for 1200 A month

[TurtleBoy]

Originally Posted by LuvMyE92

Wow.

After I wrote the post, I discovered that the military discount only applies if you do not use BMW financing, so I'll be better off getting more money off the top and just paying cash.

Thanks for the feedback!

This is not correct. When you lease with BMWFS the incentive is available but reduced and the amount depends on where you are located. In the Western region it is $250 and in the other regions it is $500. When you finance with BMWFS it is also available.

[LuvMyE92]

Originally Posted by TurtleBoy

This is not correct. When you lease with BMWFS the incentive is available but reduced and the amount depends on where you are located. In the Western region it is $250 and in the other regions it is $500. When you finance with BMWFS it is also available.

Thank you for the correction.

[LASpartan]

I feel so blessed to lease an M5 for $1270 (with tax) (picked up Dec 31, 2020). Insane what these are going for at the moment.

[LuvMyE92]

Originally Posted by LASpartan

I feel so blessed to lease an M5 for $1270 (with tax) (picked up Dec 31, 2020). Insane what these are going for at the moment.

My last lease was in 2019 for a new 540i - nothing down my 36 month payment was around $600.

We didn't know how good we had it back then!

[DNYC1919]

Originally Posted by LuvMyE92

My last lease was in 2019 for a new 540i - nothing down my 36 month payment was around $600.

We didn't know how good we had it back then!

No thoughts on buying out the lease ?

I think when my 2021 540 lease is up I'll most likely buy it out. Especially since I've only put on 7k mikes in 1 year and 8 months.

[LuvMyE92]

Originally Posted by DNYC1919

No thoughts on buying out the lease ?

I did think about it. About a year ago I also had my M4 which I drove so much more than the 540i, I did a lease swap and got out of it early. Because of the super deal that I had on it, the residual was pretty high and more than the car was worth at the time. And I got out of the lease with no fees, which was nice. And the guy that assumed the lease got a great deal and he was able to sell the car to his dealer at lease end for the residual, so he skipped out on the fees as well.

Of course, since then I sold the M4 and kind of regretted getting rid of the 540i, but then I got V8 fever and ... so here I am.

If I had a nickel for all of the cars that I should have kept, and especially a nickel for all of the cars that I shouldn't have bought...

[HerkHealer]

Originally Posted by LuvMyE92

I did think about it. About a year ago I also had my M4 which I drove so much more than the 540i, I did a lease swap and got out of it early. Because of the super deal that I had on it, the residual was pretty high and more than the car was worth at the time. And I got out of the lease with no fees, which was nice. And the guy that assumed the lease got a great deal and he was able to sell the car to his dealer at lease end for the residual, so he skipped out on the fees as well.

Of course, since then I sold the M4 and kind of regretted getting rid of the 540i, but then I got V8 fever and ... so here I am.

If I had a nickel for all of the cars that I should have kept, and especially a nickel for all of the cars that I shouldn't have bought...

There is no M550 in the 2024 G60 lineup, so you also probably have a Collector Car.

[LuvMyE92]

Originally Posted by HerkHealer

There is no M550 in the 2024 G60 lineup, so you also probably have a Collector Car.

You know... I was kind of wondering about that. I haven't heard of any announcement, so I wasn't sure if it was just going to be a late arrival, or if they were going to "save" the V8 for the M5.

The wonderful B58 I6 is really plenty of power for this car, I'm just a real fan of the "more power is always better" philosophy, despite the miserable resale of the BMW V8 cars.

[HerkHealer]

Originally Posted by LuvMyE92

You know... I was kind of wondering about that. I haven't heard of any announcement, so I wasn't sure if it was just going to be a late arrival, or if they were going to "save" the V8 for the M5.

The wonderful B58 I6 is really plenty of power for this car, I'm just a real fan of the "more power is always better" philosophy, despite the miserable resale of the BMW V8 cars.

There's a thread in the G60 tab talking about it. Someone got early build info and posted the models. No M550 and No V8 anywhere in the 5 series lineup except the M5.

[jphcbpa]

Originally Posted by LuvMyE92

You know... I was kind of wondering about that. I haven't heard of any announcement, so I wasn't sure if it was just going to be a late arrival, or if they were going to "save" the V8 for the M5.

The wonderful B58 I6 is really plenty of power for this car, I'm just a real fan of the "more power is always better" philosophy, despite the miserable resale of the BMW V8 cars.

Hope this helps

[Rocket455]

We really had it good with lease deals before all this supply chain ruckus, no doubt about it. Don't have a detailed breakdown of all the numbers, but in 2019, I leased a loaded '20 M340i at ~$600/mo ($0 down, 3-years, 45k miles). Fast forward to 6 months ago, and I signed a close-to-base '22 M550i for an obscene ~$1.5k/month like a total idiot ($0 down, 3-years, 36k miles), which amazingly sounds less stupid than a mid-optioned '22 540i I was quoted for @ $1.4k/mo for the same lease terms. Not going to sugarcoat my buyer's remorse here: the M550i is a fantastic beast, but it ain't $1.5k/mo fantastic to me... really wished I'd been less impulsive. Heck, I would've happily rocked a 540i for ~$600/mo, which is what my loaded 2016 540i M Sport leased for way back in 2016...

[Mandingo9]

Originally Posted by Rocket455

We really had it good with lease deals before all this supply chain ruckus, no doubt about it. Don't have a detailed breakdown of all the numbers, but in 2019, I leased a loaded '20 M340i at ~$600/mo ($0 down, 3-years, 45k miles). Fast forward to 6 months ago, and I signed a close-to-base '22 M550i for an obscene ~$1.5k/month like a total idiot ($0 down, 3-years, 36k miles), which amazingly sounds less stupid than a mid-optioned '22 540i I was quoted for @ $1.4k/mo for the same lease terms. Not going to sugarcoat my buyer's remorse here: the M550i is a fantastic beast, but it ain't $1.5k/mo fantastic to me... really wished I'd been less impulsive. Heck, I would've happily rocked a 540i for ~$600/mo, which is what my loaded 2016 540i M Sport leased for way back in 2016...

To make you feel better after seeing your numbers I think I got hosed on an essentially base 2019 x3 lease. $675/mo zero down/3year/45k mile with the maintenance package. In 2022 i leased a mildly option 550 for $1300 with same terms and maintence. In both cases here in IL they were outstanding in comparison to other dealers i spoke to. I think the price for performance at this rate is good but wouldn’t pay much more for it.