Did you know about MSD??

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Feb 4, 2007 | 08:11 AM

#11

vegastrashed

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Joined: Apr 2005

Posts: 7,363

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From: San Diego, CA

My Ride: 2007 E63 AMG | Obsidian Black | Schwarzes Nappa | Black BirdEye Maple | Premium II Package | Electronic Trunk Closer | Parktronic Engine: RPi/Powerchips custom ECU tune, RPi Ram Air Kit (BMC filter, scoops), RennTech Sport exhaust, secondary cats, charcoal and resonator delete, custom AAA x-pipe Exterior: 50% side windows / 35% rear window Formula One Pinnacle Series | Flat AMG hood emblem Suspension: Renntech Lowering Module Wheels/Tires: Radenergie R10, Falken FK452 245/30/20, Yokohama ADVAN Sport 285/25/20 ----------------------------------------- 2005 545i Sport SMG | Ti Grau | Schwarzes Dakota | Anthracite Maple | Logic 7 | Nav Engine: Custom AFE CAI, Superchips ECU remap, Sprint Booster, RDSport Dual Exhaust Conversion with Quad Pipes and X-pipe, 3 resonators deleted, 90mm tips! Exterior: M-Tech Aero kit | M5 Mirrors | M5 Rear Bumper | Trunk Lid Finisher | Vorsteiner decklid spoiler | 50% Formula One Pinnacle Tint Suspension and Brakes: Bilstein PSS9 coilovers, JBT BBK: 16" cross-drilled rotors, 8 piston and 15" cross-drilled rotors, 4 piston Wheels: VIP Modular VR 02 20x9F, 20x10R | Toyo T1R 245/30/20F, 285/25/20R Lights: PIAA 4150K Xtreme White Plus fog lights, AIB v3 MOST IMPORTANT: Hardwired V1; =) ED Date: 4/7/05, Re-delivery date: 5/21/05

I have heard it is possible. You just cannot get the max 7 MSD. Try different dealerships and see who's willing.

Feb 7, 2007 | 07:43 AM

#12

robg

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Joined: Oct 2004

Posts: 688

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From: White Plains, NY

My Ride: 2008 550, Carbon Black Metallic, Natural Brown Dakota Leather, Sport Package, Sport Automatic Transmission, Cold Weather Package, Power Rear and Manual Side Sun Shades, etc. Retired - 2004 545 SMG, Black Sapphire Metallic, Auburn Dakota Leather, Cold Weather and Sports Packages, Power Rear and Manual Side Sun Shades

Quote:

Originally Posted by vegastrashed' post='386495' date='Feb 1 2007, 11:44 PM

Correct. It won't drop the monthly payment by $355.

Money factor as of January 2007 for 2007 M5 is .0032 * 24 = 7.68% APR. (.0032) is the base rate that dealers can markup if they wish and they usually do.

Max 7 MSD: (.0032 - .00049 = .00271) * 24 = 6.5% APR

In addition to saving about $40 - $70 per month, the MSD would be the monthly payment times 7. So, if your monthly payment is $1300/month. $1300 * 7 = $9100 due at signing along with the acquisition fee, tax and license and first month's payment.

I understand the math, but does this make sense? In the above example, you leave a $9100 dollar deposit to save 1.18% APR. If you put the $9100 in a cd for 2 - 3 years, your return would be higher than your savings.

Feb 10, 2007 | 01:16 PM

#13

TranPlan

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Joined: Jan 2007

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From: Orlando, FL

Quote:

Originally Posted by robg' post='388330' date='Feb 7 2007, 11:43 AM

The APR is not related to your deposit, the interest rate reduction relates to your full lease. Looking at the difference for a 550 lease, the monthly savings would be $54 on a $6867 deposit. This is an annual savings of $648 (12 x 54) which if you compare it to the deposit, turns into an effective interest rate of 9.4%. I would expect that the savings on an M5 would be similar, or maybe higher.

Feb 24, 2007 | 08:57 AM

#14

steveo242

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Joined: Feb 2007

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From: Cubs, Not Sox!! Chicago, IL

My Ride: 2004 545i / Orient Blue (I think) / Tan int / 116's Wheels / ... my favorite option, the HEATED steering wheel! Previous cars retired: 2006 Corvette Z51, 2002 Corvette Coupe, 2002 Mustang, 1997 Maxima, 1994 Camry, 1990 Supra None, and I mean none compare to this 545i. The 06 Corvette was faster, but not by much...

Dude, an M for less than 400 bucks a month? Whats the mileage, a thou a year???