I heard somewhere on this board you can lease an m6 for 6k down and 700 a month or something.. I KNOW ITS CRAZY... but i am just asking if its true?

thanks yall

 

It's possible, but not likely. Unless the dealer is smoking some good stuff. If you are looking for a 6k down 700 per month lease on a M6, you most likely are leasing that thing for at least 6 years.

"not sure if you are talking about a M6 or 6 series" But currently, a 2008 650i Conv has awesome money factor on leases, so I guess if the dealer is giving a big discount, plus a 6K down, a 700 per month lease 3 years/10,000miles is really obtainable."

 

On a couple of the bimmer board there are people who are confirming this. The m6's on the lots are not selling at all. I have seen leases posted as crazy as 4K down and 800 a month. 10K miles and 3 year lease on an m6. The person posted this deal and the dealer sold all 3 they had a few hours later. The main thing is these deals are popping up if you are looking but they go fast.

 

thats a damn good deal if it was true.

 

Lets use current lease rates as an example.
10,000mile 36 month lease
residual is 60%, money factor is 0.00190
Lets use a rough MSRP M6 $115,000
The net cap cost would have to be at $87,000 for the lease to be $800/month 36 month lease + state Tax.

so either a huge $38,000 down payment or $34,000 off MSRP with 4K down....


Like I said, it could happen, but the dealer is smoking some crazy stuff to take $34,000 off for a brand new M6.

 

Yeah I don't know much about leases since I've never leased before but it doesn't make sense. I guess it's better for the dealer to move the inventory right now than have it sit and make nothing.