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      12-02-2008, 02:16 PM   #1
FMINUS
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2008 M5 Takeover Lease payments! SOCAL

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Asking Price:
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2008 M5 Sapphire Black
15K miles on the odometer
20 months left
Located in SOCAL
45k miles total allotted (so you got another 30K miles left)

Payments are $1560 but I will add some cash and make it $1100 AFTER tax

Has ALL OPTIONS except rear heated seats, MSRP 99k
Ok heres the list:
SMG
Black Interior w Aluminum Trim (mint interior)

Black Sapphire Metallic
Black Perf. Merino Leather
Tire Pressure Monitor
Universal Garage Door opener
Comfort Access system
Soft Close Automatic Doors
Multi-function seats with lumbar
Active Seat width adjustment
Moonroof
Rear sunshades
Auto dimming mirros
Auto dimming rear view mirror
Front Ventilated seats
Fold down rear seats
Retractable headlight washers
Park Distance Control
Adaptive light control
ipod and usb adapter
Navigation System
Head-up Display
BMW Assist
Satellite Radio
Aluminum Interior Trim
Enhanced Premium sound
Rear Spoiler

The only reason I am selling is because I got another baby on the way! And it looks like I may end up getting a Land Rover....

PM me for details




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      12-02-2008, 02:59 PM   #2
RobLS
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How much are payments?
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      12-02-2008, 03:03 PM   #3
FMINUS
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Pmd
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      12-02-2008, 04:26 PM   #4
raolc
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chino hills!! hello neighbor!
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      12-02-2008, 08:15 PM   #5
MrRoboto
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$1500/month car payment = crazy
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      12-02-2008, 08:44 PM   #6
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for that price, why wouldn't you just buy it?
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      12-03-2008, 03:24 AM   #7
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Quote:
Originally Posted by Russo View Post
for that price, why wouldn't you just buy it?
It's L.A. most cars are leased. You need to have the latest and best.

FMinus do you have pics of the NSX? Would love to see some. Good luck with the lease takeover!
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saw you comment and i'd lay on my bed and cry, then i put some Yulio Iglesias music, no more problem.


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      12-07-2008, 03:51 PM   #8
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Price updated
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      12-14-2008, 11:34 PM   #9
FMINUS
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Thanks for all the inquiries.... Still here!
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      02-02-2009, 01:35 AM   #10
Brandon26pdx
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Quote:
Originally Posted by FMINUS View Post
Payments are $1560
Wow!
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      02-02-2009, 02:28 PM   #11
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what is the buy out?
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      02-02-2009, 06:20 PM   #12
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I bet you the residual is more than what the going rate for these cars is at Manheim and related auctions. Keep in mind these are 2 month olds, prices have further depressed.

Granted, one can make an argument these auctions are not generally available to the public, partially true, as it is easy to find a dealer willing to take you there and charge what is generally a 1.5% commission.

2008 M5

12/04/08 RIVRSIDE Factory $44,000 25,911 Avg ALPWHITE 10G A Yes
12/10/08 MANHEIM Factory $57,500 5,082 Above BLKSAPPH 10G Yes
12/10/08 BAY CITI Lease $53,250 7,708 Avg SILVERST 10G Yes
12/10/08 ATLANTA Lease $49,600 20,361 Avg WHITE 10G A Yes
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      02-02-2009, 08:24 PM   #13
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Quote:
Originally Posted by Heinzftw View Post
It's L.A. most cars are leased. You need to have the latest and best.
It's a sad sad obsession and truth.










AND I WOULDN'T HAVE IT ANY OTHER WAY!!!

haha, lease values have depressed but he seems willing to throw in an incentive, good luck on the lease transfer, have you tried the lease assumption websites?
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      02-03-2009, 06:41 PM   #14
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$1100/mo is a good deal to rock an 08 M5 for 20 months and then be able to walk away, if only I was in a position to help you out with that...
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      02-03-2009, 07:26 PM   #15
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Latest from Manheim. What was once (and once being only 1 yr ago) a $100K+ car is now about half its value... I generally don't believe in leases, but that put option lesees have is way way in the money right now! Feel sorry for people that bought and have to sell. At these prices, might as well keep it (if one can affford to)

08 BMW M5

01/08/09 W PALM Lease $53,000 6,101 Avg SPACE GR 10G 6 Yes
01/23/09 NEVADA Lease $60,000 13,272 Avg ALPINE W 10G A Yes
01/23/09 NEVADA Lease $60,000 10,086 Avg BLK SAPH 10G A Yes
01/27/09 FAAO Lease $61,800 2,611 Above ALPINE W 10G A Yes
01/28/09 NADE Lease $58,000 5,458 Avg BLACK SA 10G 6 Yes
01/29/09 RIVRSIDE Factory $78,500 10,666 Above INTERLAG 10G A No
01/29/09 RIVRSIDE Factory $50,000 13,059 Below ALPWHITE 10G A Yes
01/29/09 RIVRSIDE Factory $50,000 7,758 Below SILVERST 10G A Yes
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      02-11-2009, 03:11 PM   #16
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damn i would definetly get this ride if i didn't have my truck payment...
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      03-16-2009, 05:46 PM   #17
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Great price...and you know the exterior of that car is MINT!
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      03-16-2009, 08:37 PM   #18
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would def get this car if I didnt have a house payment.
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      03-23-2009, 05:25 PM   #19
///M1
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Quote:
Originally Posted by Midgad View Post
would def get this car if I didnt have a house payment.
Hopefully not a de-valued one. LOL

Free bump for a fellow M5-er.
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