That is nice. I figured it would be way more considering the current situation with the virus.

i asked my local dealer for this. i literally introduced myself and said "whatever you do, please don't waste my time with the going back and forth to GMs and finance managers only to hit me with $5k down, $2,400/mo"

well, that's what they did. they said they don't really discount the sticker of the car, but instead the interest? idk, sounded like salesman tactics.

i told the guy $1,950/mo and i'll do it

he comes back and says "i got you. $7,500 down, $2,200/mo, the number you asked for! you said you'd do it if i worked hard and got you this number!"

remind me why car salesmen have jobs anymore?

c o m p u t e r s

t e c h n o l o g y

Is this on a ordered car or a car on the lot. I am expecting a 3-5% discount and stated MF and residual. I suppose I will see what they are thinking. Ultimately I will make my final decision based on the final numbers.

I ordered a 2021 BMW M5 Competition. The AMG pricing and leases just can’t be justified. My BMW M5 Comp is fully loaded. B&W stereo, Carbon Ceramic Brakes, full BMW performance titanium exhaust, all electronics, etc... About 143k. My monthly lease with nothing down is about 1750. Try and get anywhere near that with a 143k AMG. The M5 is faster and handles better, The titanium exhaust fixes the whimpy M5 sound. The only thing is that the Burmester 3D stereo is better than the B&W. The dealer only gave me 6% off . I had 8.5% off on my E63S fwiw. Sorry to jump in like a BMW fanboy. Just pointing out that the M5 is so much more attractively priced it is hard to justify the AMG.

you'll never be able to compare BMW leases to MB. the money factor on BMW is much more competitive and they inflate their residuals on purpose to help customers have lower lease payments/to move more vehicles. they just eat the upside down loss when you return it and keep ya leasing.

couldn't agree more though. i would love to hear more about what you mean about 8.5% off e63s. a 2021 or a 2020?

on the lot. they are giving a big fat 0% pretty much. i guess i'm dumb for expecting 7% off a brand new 2021 car that there is very limited of. i thought dealers would be willing to play ball due to pandemic, i was wrong.

I do not care for the looks of the M5, mainly the interior. I have no problem paying for what I want, I just want a fair deal based on the stated MF and residuals. We had a 535I bought back due to faulty high pressure fuel pump, then a 325I that I couldn't get out of for anything. (finally got rid of it on swap a lease) I am not a fan of BMW at all, I suppose they need those deals to move the cars as stated before. I hope you enjoy your new car just the same. If the AMG lease does not come in where I think it should I will keep my 2020 S6 and save a bunch.

I was referring to my 2018. They gave me a killer deal. The M5 was not quite released yet and my Audi S6 lease was coming due. The AMG was the only good option then. I did the ten MSD which dropped my lease almost 300 a month. Nobody should ever lease an AMG and not do the MSD. Hard to imagine an AMG driver not being able to afford a refundable deposit. My deposit makes me about a 40% three year zero risk AAA guaranteed and tax free return. No brainer.

Hey, we are neighbors.... When I get the M5, we can get together. You can check it out. The interior is actually quite nice, with the new screens.

Sounds good. It is crazy how low the lease payments are with BMW, makes it hard to stay the course for sure. I just built a M8 Comp. to 167,000 and the payment will probably be the same as my E63S 141,000 build.

This from a long time BMW driver. Pretty much all my life I drove them. But that above just shows me that BMW is forced to start to compete more and more on price. I could be wrong of course. But that is my initial thought.

When I was last in for service, they had a a high amount of M8s that, according to my sales person, nobody wanted. I have no interest in the M8 or any 8. I don't like the look. It does not remind me of the classic 850 in any way. But he said he could give me a crazy good deal if I wanted one. I think 15k off to start. That sounds desperate in my view.

I had no trouble whatsoever getting 9.5% off the lease of my ordered E63S sedan. Yes, MB’s leasing terms for AMGs aren’t competitive, but it is what it is. If you want to lease an AMG, then you have to pay the piper.

Anybody who goes into a dealership and directly negotiates price with the salesman, including the standard running back and forth to the GM, doesn’t know what the heck they’re doing. It’s 2021, not 1971. The only time I walk into the dealer is to sign and drive once the car has arrived. Everything is fully negotiated via email before it’s even ordered.

You did get a great deal. I could not get near yours though from the same guy, or elsewhere. Thanks again for the help! But they did jack up your MF. So after it was all done it was a good bit less than 9.5%.

The story about AMG has it's own MF and it is fixed does not seam to be true. I was directly negotiating the MF with the dealer I ended up ordering from. We were negotiating both the MF he was going to charge me over standard, and the discount. This was very weird for me vs BMW. BMW locks you in at the MF, at the time of order. If it goes down, my dealer would always give me some money back. If it goes up, BMW eats it. MB is not doing this I guess. So what I ended up agreeing to is not a set monthly payment but 0.00050 over whatever the MF will be at the time of delivery, and 5000 off MSRP. After all this will be done, I will not be able to say I got 5k off the car. In reality I got 2k off. If you do all the math. I also had two car brokers going after cars for me. One got an ok quote but in the end the one I was able to get was better and from a local dealer. I think the very reason I was able to get even this deal (if you can call this a deal... because 2k off on a 115-120ish car is bad I think) was because this is the dealership next to the BMW I have been going to since 2003. I think he wanted me as a long time customer. He probably got me too, unless I won't like this car which I can't imagine. Anyways. Right now getting a huge discount on a new order, on a rare car like the E63S, I believe, is very hard.

FWIW, I was told what the non-negotiable MF was going to be prior to agreeing on the discount. So far as I’m concerned, the 9.5% discount represents a true savings over the standard cost at that dealer. Could I have done better elsewhere, including the early build slot? Possibly, but I saved myself the chore of locating a suitable dealer and starting from scratch with a new salesman vs. getting a good deal from a known place.

As to the negotiability of the AMG MF, I’ll maintain that, if any adjustment must be accompanied by a corresponding limit to the discount from MSRP, then the MF is effectively fixed. You want six of those or just half a dozen? Same thing any way it’s sliced.

In the end with leases it all comes down to the details. Length of lease, MSRP, and mileage. Getting 9.5 % off and a padded MF means nothing. I would rather have a reasonable discount and reasonable terms. Save the bull**** for another customer.

If the good discount and “padded” MF are equivalent to the lesser discount and less-padded MF, then it’s equally meaningless. This is all fairly straightforward and none of it is BS, per se. It’s simply how things are at the present time - if one wishes to order and lease an AMG, then some variation on this theme will be encountered. There’s no point in getting angry or bitter about it.

The base MF is fixed by the bank i.e MBFS or BMWFS but the banks allow dealers to mark up the money factor but they cap it to a certain level .This was done several years ago when dealers started complaining that they are not making enough money on new car sales .. Dealers don't have to do it , but it seems that it is getting to be the standard, and dealers are trying to convince customers that if you don't allow me to mark up MF , then I can't give you this discount, whatever the discount is ..
as far as BMW leasing strategy , my answer is who cares if they subsidize the product or not , as a customer I care about the product itself
I owned multiple AMG products and multiple M products and others Audi, Porsche , etc so I am not loyal to any particular brand
At this time the M5C in the category of 4 door beastly sedans is top notch as well the E63S .. But if you add the additional cost of the E63S , I think the M5 is the best buy
obviously if someone does not care about money at all , then buy whatever you want
Try leasing an Audi RS7 OR RS6 probably lease payments will be north of 3000 a month.... and I drove them , and I think the M5C is a better car

It is totally what it is. Nothing you can do about it. But I will always say, working the MF is a sales tactic, and as such it is BS. It is there to increase confusion. It is the same when you finance. Sometimes the dealer bumps up the interest rate. To get a bit more back. After that sometimes you will say: I am bringing my credit unions. Then suddenly the deal is off. None of this is new. Every dealership plays with this from Ford to MB. You just have to be able to understand what you are getting. A normal finance most of us can do in their head sitting there. A lease is a bit harder to calculate hence they love to play with it. But it is not very hard to plug it all into this:

https://leasehackr.com/calculator

You will see exactly what you got in terms of discount. Edmunds has all the latest standard MFs. Numbers are numbers.

I am not bitter or angry, just sucks they play so many games. I have my MSRP plus the details from Edmonds. I plug the information in and get a lease price. This is the price I am shooting for. If it is an extra few dollars a month so be it. On these forums people say I got X discount but don't explain the rest of the transaction. Did they stick it to you on a trade? Did they stomp on the MF? I suppose when I see these discounts I assume the people got the discount and wrote a check, not a lease deal or inflated interest rate. I am waiting for my SA to give me a sample lease payment based on todays rates so I can make a decision. Part of me just wants to write the check and remove myself from the game.

I can't wait to compare the two. Of course, I am not a professional driver either. I won't take them to the limit. Not that track like driving really matters for the average customer. But for giggles... If you look at track times on the Nordschleife, the M5C was faster than the E63S wagon. Close enough though. Different drivers as well. If you look at the usual YouTube videos, Chris Harris beats the M5 with the E63S on a relatively small track. Just by a little. In general, the E63S gets just a bit better reviews especially when it comes to steering and sound. I am really curious if I will feel the difference in steering or not. Either way... It is hard to disagree that the two cars are extremely close. MSRP is almost the same as well. But leasing is way off. Clearly one is a better "deal". I personally do not care for the LCI though. It got the Honda civiv dash and the front looks worse than the pre. All very subjective of course.

also if you add the cost of maintenance on the MB , the total ownership cost is much higher for the E63
I had a 212 E63 S and kept it for 3 years which is very unusual for me , but just guessing the routine maintenance was close to 3 k , and the cost with M5 is basically zero
the limited slip differential at 2 k was like 275
at 10k or 20 k the bill was 1 k etc
also people mentioned that BMW has more issues than MB , and I disagree. I have/had two M5 and several M3 and no issues
My E63S mechanically was solid , but every winter when the temp dips to single digits, the air suspension gets messed up with one side of the car lower than the other . Multiple visits to dealer and they changed every component of the suspension but never resolved the issue. Finally I gave up as the issue will self correct with rising temp

I am sure BMW is still less but no longer zero. Everything used to be included up to 50k except getting new tires. Certain things are still free up to 36k. I had to pay for my brake pads full around 14k. Like $500? I don't remember. But definitely not zero anymore.

Now this thread has me pricing out an M5.

Sorry!

I am turning in my car next month. The dealer is buying
but you can takeover the lease if you want
I think the rest of the term is till july 2022 , which give you a little over a year to try the car
pm me if interested