leasing a Used 07 M5?

Bagelfast · 03-31-2009, 11:08 PM

Hey i found a nice 2007 M5 i was thinking of leasing. The price is set at $60K, the car has about 20k miles on it.

What should i be looking at as a monthly payment for 3 years with about $4,000 down?

thegeneral101 · 04-01-2009, 12:48 PM

not sure if leasing a used car is good, i bet the rates are high. I would have no clue what the actual monthly payment would be for a used lease though

SteveMD · 04-01-2009, 08:27 PM

Yes, the leasing rates for a used car are generally much higher and vary from bank to bank.

I wouldn't be surprised to see a payment in the $1100 range.

Sal@AUTOcouture · 04-04-2009, 11:05 AM

Pre-owned leases aren't too hot right now. Honestly, might not be too far off from a new one considering theres some money back on them...

NinetyEight740 · 04-04-2009, 11:24 AM

leasing a used car? bad idea!!!

Sal@AUTOcouture · 04-04-2009, 11:30 AM

Quote:

Originally Posted by NinetyEight740

leasing a used car? bad idea!!!

Why? Especially if its leased thru the same bank that leases new cars (BMW FS)...

03-31-2009, 11:08 PM	#1
Bagelfast Lieutenant Colonel 125 Rep 1,546 Posts Drives: BMW Join Date: Sep 2008 Location: USA iTrader: (0)	leasing a Used 07 M5? Hey i found a nice 2007 M5 i was thinking of leasing. The price is set at $60K, the car has about 20k miles on it. What should i be looking at as a monthly payment for 3 years with about $4,000 down?
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04-01-2009, 12:48 PM	#2
thegeneral101 Colonel 76 Rep 2,304 Posts Drives: '15 Z06,'13 750Li,'11 Raptor Join Date: Nov 2006 Location: Miami/Michigan iTrader: (0)	not sure if leasing a used car is good, i bet the rates are high. I would have no clue what the actual monthly payment would be for a used lease though __________________
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04-01-2009, 08:27 PM	#3
SteveMD Colonel 196 Rep 2,485 Posts Drives: 2016 F10 535i MSport Join Date: Dec 2005 Location: Raventown! iTrader: (3)	Yes, the leasing rates for a used car are generally much higher and vary from bank to bank. I wouldn't be surprised to see a payment in the $1100 range. __________________ 2006 E90 330i (retired) 2009 E90 335i (retired) 2012 E70 X5 50i M Sport (retired) 2016 F10 535i M Sport
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04-04-2009, 11:05 AM	#4
Sal@AUTOcouture 733 Rep 10,105 Posts Drives: E93 M3, E36 M3 Join Date: Feb 2007 Location: Sofla iTrader: (30)	Pre-owned leases aren't too hot right now. Honestly, might not be too far off from a new one considering theres some money back on them...
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04-04-2009, 11:24 AM	#5
NinetyEight740 Major General 231 Rep 5,691 Posts Drives: 2 - 2013 535i msport Join Date: Nov 2008 Location: Orange County California iTrader: (2) Garage List 2010 E91 [0.00]	leasing a used car? bad idea!!!
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