BMW i5 and 5-Series Forum

Post Reply
 
Thread Tools Search this Thread
      08-02-2018, 07:18 PM   #67
///Mangler
Captain
///Mangler's Avatar
342
Rep
818
Posts

Drives: E30 M3 Darth Vader Trackcar
Join Date: Dec 2009
Location: SEC

iTrader: (1)

Garage List
2000 E39 M5  [9.00]
Quote:
Originally Posted by Mo@BMWofFairfax View Post
Quote:
Originally Posted by ///Mangler View Post
Also this can be completely written off as a rental car from a business perspective

T
You can technically write off a lease too. Makes no difference.
Not the insurance not the taxes not the property taxes plus you're bound in the term of the lease with the residual you can't change cars etc etc
Appreciate 0
      08-02-2018, 08:54 PM   #68
$hah$
Second Lieutenant
$hah$'s Avatar
United_States
103
Rep
299
Posts

Drives: F80 MG/MT/ZCP & 2023 X7
Join Date: Nov 2010
Location: Los Angeles

iTrader: (0)

Garage List
2023 BMW X7  [0.00]
2018 BMW M3  [0.00]
What a rip off.
Appreciate 0
      08-02-2018, 10:35 PM   #69
The Automotive Enthusiast
Retired BMW Genius
The Automotive Enthusiast's Avatar
United_States
2953
Rep
3,404
Posts

Drives: 2018 Audi S5 Coupe
Join Date: Apr 2010
Location: DMV

iTrader: (1)

Quote:
Originally Posted by ///Mangler View Post
Not the insurance not the taxes not the property taxes plus you're bound in the term of the lease with the residual you can't change cars etc etc
LeaseTrader.com
__________________
Quote:
Originally Posted by LucBroDude View Post
TRAITOR.
Quote:
Originally Posted by LucBroDude View Post
TRAITOR.
Appreciate 0
      08-02-2018, 11:50 PM   #70
Johndong888
John
Johndong888's Avatar
United_States
75
Rep
885
Posts

Drives: '12 M3, '18 S560, '16 G63
Join Date: Feb 2008
Location: Cherry Hill, NJ

iTrader: (9)

Maybe come down a tad more but it's not too far off for the M tier. The M6 was easily 1600-1800 a month. M5 was 1200-1400. All Zero cap reduction lease pricing.

I do like the idea of splitting the Ms. Everyone who's complaining here is basing it mainly on the M3 which is obviously the cheapest to lease and it's not even offered by this subscription.

Bad drivers also make out better with this. My sister, terrible, terrible driver, pays about 7k a year (I know cause I pay) for her 15 Honda Civic. My Gen2 r8 annual is only 1300$, full cover.

They also need to roll out nationwide access. This is where you'll get a huge demand. Drop off at an airport, arrive and get another at the other airport. The few Hertz dream car I have rented were easily between 700-1400 a day. Weekly is cheaper. The M5 weekly I paid, pretty sure, 2200.
__________________

Current - 2012 AW/FR E92 M3 | 2014 AW X5 | 2015 MB S550 | 2016 RR V8 (White FTW)
Mods - BPMTune Stg1/Servo, Euro Visors & Side Mirror, IND Gloss Blk Pkg, OEM Perf. CF Trim/Spoiler, Grills, Lights, Pedals, Umnitza V4 AE, ModeCarbon GTS V1, 19" HRE P40
Sold - 2008 BSM/Black E92 335i
Appreciate 0
      08-03-2018, 04:27 AM   #71
paliknight
fuck this field
paliknight's Avatar
United_States
2196
Rep
2,603
Posts

Drives: 18 F80 CS/18 F80 ZCP/19 M2C
Join Date: Aug 2014
Location: everywhere

iTrader: (1)

Quote:
Originally Posted by orangeglim View Post
Maybe I'm missing something, but it doesn't seem all that unreasonable to me. With this I wouldn't have to pay yearly vehicle registration fees, yearly vehicle personal property taxes, insurance, maintenance, etc. For an M2 coupe at $1400 a month the math would probably work out to be not that much more over buying the car yourself, but with the added convenience.
That's the only tier I was also agreeing with you on.

The other ones are way too inflated.

1400 for an M2, X5 and so on is probably cheaper than swapping cars every few months to a year and taking a 7-10k hit from depreciation.

2700 for M tier is outrageous though. I can lease all those cars together for a few more hundred dollars.
__________________
BMW family... for now.
Appreciate 1
cartOC32.50
      08-03-2018, 04:30 AM   #72
paliknight
fuck this field
paliknight's Avatar
United_States
2196
Rep
2,603
Posts

Drives: 18 F80 CS/18 F80 ZCP/19 M2C
Join Date: Aug 2014
Location: everywhere

iTrader: (1)

Quote:
Originally Posted by Johndong888 View Post
Maybe come down a tad more but it's not too far off for the M tier. The M6 was easily 1600-1800 a month. M5 was 1200-1400. All Zero cap reduction lease pricing.

I do like the idea of splitting the Ms. Everyone who's complaining here is basing it mainly on the M3 which is obviously the cheapest to lease and it's not even offered by this subscription.

Bad drivers also make out better with this. My sister, terrible, terrible driver, pays about 7k a year (I know cause I pay) for her 15 Honda Civic. My Gen2 r8 annual is only 1300$, full cover.

They also need to roll out nationwide access. This is where you'll get a huge demand. Drop off at an airport, arrive and get another at the other airport. The few Hertz dream car I have rented were easily between 700-1400 a day. Weekly is cheaper. The M5 weekly I paid, pretty sure, 2200.
You paid between 700-1400 a day for a rental? I hope it was for business purposes lol.
__________________
BMW family... for now.
Appreciate 1
cartOC32.50
      08-03-2018, 11:36 AM   #73
Sy546
Captain
47
Rep
703
Posts

Drives: Too Many Cars
Join Date: Aug 2010
Location: Long Island

iTrader: (0)

Garage List
1998 BMW M3  [0.00]
2007 Honda S2000  [0.00]
2006 BMW M3  [0.00]
2023 Porsche 718 Sp ...  [0.00]
2012 BMW M3  [0.00]
2023 BMW X7 M60  [0.00]
The Legend tier, IMO, makes the most sense. I would do it in a heartbeat when it comes to NY.

Their plan includes 2,000 miles/month, which is roughly what I do in a month. Leasing a car with 20-24k miles/year, plus insurance & maintenance is not cheap.
The ability to be able to switch between a m2 on the weekends, x3/5 on the weekdays & winter, and a vert in the summer is worth the small premium of the program.
Appreciate 0
      08-06-2018, 05:40 PM   #74
IK6SPEED
Banned
United_States
4512
Rep
10,473
Posts

Drives: BMW M3 / AH3
Join Date: Jan 2013
Location: Cali

iTrader: (23)

Why BMW dropped their price on this - to better compete with Mercedes Benz.

https://www.businessinsider.com/bmw-...n-price-2018-8
Appreciate 0
      08-07-2018, 01:40 PM   #75
Stepback3
Enlisted Member
126
Rep
36
Posts

Drives: Access by BMW
Join Date: Feb 2014
Location: Middle TN

iTrader: (0)

I took the plunge and signed up for the Legend Tier. I love BMWs, I love new business models and I love being an early adopter of things. Should be fun to at least try out! I'm going to document my progress along the way. https://twitter.com/SwitchBMW

Last edited by Stepback3; 08-07-2018 at 01:48 PM..
Appreciate 1
      08-07-2018, 05:45 PM   #76
mose121
Humanist
mose121's Avatar
United_States
324
Rep
406
Posts

Drives: F80 M3 ZCP/F31 330i M Sport
Join Date: Jan 2006
Location: Pittsburgh

iTrader: (0)

Quote:
Originally Posted by BMWFlip View Post
I took the plunge and signed up for the Legend Tier. I love BMWs, I love new business models and I love being an early adopter of things. Should be fun to at least try out! I'm going to document my progress along the way. https://twitter.com/SwitchBMW
any mention of how the cars are optioned? I would assume they are fairly loaded up with options for the price, as well as the marketing/sales aspect.
__________________
'19 F31 M Sport Estoril Blue : '16 F80 M3 ZCP Mineral Grey : '15 E84 X1 M Sport Le Mans Blue : '13 E92 M3 ZCP Alpine White
'10 E82 135i M Sport Le Mans Blue : '99 E46 328i Sport Fern Green : '95 E36 M3 Cosmos Schwartz : '95 E36/5 318ti Clubsport Jet Black
Appreciate 0
      08-07-2018, 05:48 PM   #77
Stepback3
Enlisted Member
126
Rep
36
Posts

Drives: Access by BMW
Join Date: Feb 2014
Location: Middle TN

iTrader: (0)

Quote:
Originally Posted by mose121 View Post
Quote:
Originally Posted by BMWFlip View Post
I took the plunge and signed up for the Legend Tier. I love BMWs, I love new business models and I love being an early adopter of things. Should be fun to at least try out! I'm going to document my progress along the way. https://twitter.com/SwitchBMW
any mention of how the cars are optioned? I would assume they are fairly loaded up with options for the price, as well as the marketing/sales aspect.
They are all optioned really well. The concierge noted most of the cars include the heads up display and leather. (Not sensatec).

All the cars have wireless CarPlay included.

My first car, an M2, appears almost fully optioned. I'll post more later as I play with it more!
Appreciate 0
      08-07-2018, 06:56 PM   #78
StuP
Private First Class
96
Rep
143
Posts

Drives: 128i
Join Date: May 2018
Location: Atlanta

iTrader: (0)

It'll be very interesting to see how what your experience is. Although the price may seem high, if it's really a put gas in and drive, change it up when you feel like it, deal, I can see the attraction.
Appreciate 0
      08-08-2018, 06:06 AM   #79
Stepback3
Enlisted Member
126
Rep
36
Posts

Drives: Access by BMW
Join Date: Feb 2014
Location: Middle TN

iTrader: (0)

Quote:
Originally Posted by StuP View Post
It'll be very interesting to see how what your experience is. Although the price may seem high, if it's really a put gas in and drive, change it up when you feel like it, deal, I can see the attraction.
You don't even have to put gas in! It comes up fully gassed. Other than long trips, I'm doubting I'll ever keep a car long enough to visit the gas station.
Appreciate 0
      08-09-2018, 02:47 PM   #80
cartOC
Private First Class
33
Rep
135
Posts

Drives: AW M4
Join Date: Jun 2017
Location: Orange County

iTrader: (0)

Quote:
Originally Posted by Mo@BMWofFairfax View Post
$2,500/month for a BMW though?

Sorry, I'd rather a Porsche for that.
Why are you saying it like that? Aren't you also a fellow BMW employee? Lol
Appreciate 0
      08-09-2018, 02:50 PM   #81
cartOC
Private First Class
33
Rep
135
Posts

Drives: AW M4
Join Date: Jun 2017
Location: Orange County

iTrader: (0)

Quote:
Originally Posted by Johndong888 View Post
Maybe come down a tad more but it's not too far off for the M tier. The M6 was easily 1600-1800 a month. M5 was 1200-1400. All Zero cap reduction lease pricing.

I do like the idea of splitting the Ms. Everyone who's complaining here is basing it mainly on the M3 which is obviously the cheapest to lease and it's not even offered by this subscription.

Bad drivers also make out better with this. My sister, terrible, terrible driver, pays about 7k a year (I know cause I pay) for her 15 Honda Civic. My Gen2 r8 annual is only 1300$, full cover.

They also need to roll out nationwide access. This is where you'll get a huge demand. Drop off at an airport, arrive and get another at the other airport. The few Hertz dream car I have rented were easily between 700-1400 a day. Weekly is cheaper. The M5 weekly I paid, pretty sure, 2200.
This is how everybody should be looking at it. The program is only going to get better, not worse also.
Appreciate 0
      08-10-2018, 12:06 PM   #82
NCThreePedals
First Lieutenant
227
Rep
327
Posts

Drives: 981 GT4/Audi Q8/F15 Diesel
Join Date: Dec 2017
Location: St Pete, FL

iTrader: (0)

Insurance with a 300 deductible for my M4 at 26 is $115 and my monthly finance payment is $800 so if I'm paying 2600 I'd expect a huracan in my driveway and for $1400 I would expect an i8 and not an M2

I can see how this will work for SOME but sure as hell won't work for most
Appreciate 0
      08-10-2018, 12:42 PM   #83
a4nut
Private First Class
105
Rep
174
Posts

Drives: 13 135is
Join Date: Oct 2015
Location: Atlanta, GA

iTrader: (1)

I'd absolutely do this for my wife, as the montly fee would be less than what it costs tosay. But she has a terrible driving record. The requirements clearly say you must have a clean driving record. Too bad.
Appreciate 0
      08-11-2018, 09:26 AM   #84
Stepback3
Enlisted Member
126
Rep
36
Posts

Drives: Access by BMW
Join Date: Feb 2014
Location: Middle TN

iTrader: (0)

Quote:
Originally Posted by NCThreePedals View Post
Insurance with a 300 deductible for my M4 at 26 is $115 and my monthly finance payment is $800 so if I'm paying 2600 I'd expect a huracan in my driveway and for $1400 I would expect an i8 and not an M2

I can see how this will work for SOME but sure as hell won't work for most
I am only about five days into my subscription. Having driven an M4 as my daily driver the past couple of days I've noticed that it is way too much car. And the thing just begs to be driven and I have nothing but traffic and stoplights.

Right now I am very comfortable with the legend tier and I feel the price point is much more reasonable. I still get a few free upgrades days a month to M tier when I get the opportunity to really go for a drive.
Appreciate 0
      08-13-2018, 09:49 AM   #85
Sy546
Captain
47
Rep
703
Posts

Drives: Too Many Cars
Join Date: Aug 2010
Location: Long Island

iTrader: (0)

Garage List
1998 BMW M3  [0.00]
2007 Honda S2000  [0.00]
2006 BMW M3  [0.00]
2023 Porsche 718 Sp ...  [0.00]
2012 BMW M3  [0.00]
2023 BMW X7 M60  [0.00]
Quote:
Originally Posted by NCThreePedals View Post
Insurance with a 300 deductible for my M4 at 26 is $115 and my monthly finance payment is $800 so if I'm paying 2600 I'd expect a huracan in my driveway and for $1400 I would expect an i8 and not an M2

I can see how this will work for SOME but sure as hell won't work for most
You're comparing apples to oranges.

Your M4 is an $800 finance payment because you either put a bunch of money down, bought used, and/or got a shit long loan term.
Appreciate 0
      08-13-2018, 10:39 AM   #86
NCThreePedals
First Lieutenant
227
Rep
327
Posts

Drives: 981 GT4/Audi Q8/F15 Diesel
Join Date: Dec 2017
Location: St Pete, FL

iTrader: (0)

Quote:
Originally Posted by S.hasan546 View Post
You're comparing apples to oranges.

Your M4 is an $800 finance payment because you either put a bunch of money down, bought used, and/or got a shit long loan term.
Bought a 81k car for 46k yes, let someone else take the hit

The cars in the subscription program are also used, and yes it is a poor comparison BUT my point was I can own the same car for less than what it would cost to rent it

Like I said, works for some but not for most.
Appreciate 0
      08-13-2018, 08:23 PM   #87
Stepback3
Enlisted Member
126
Rep
36
Posts

Drives: Access by BMW
Join Date: Feb 2014
Location: Middle TN

iTrader: (0)

Quote:
Originally Posted by NCThreePedals View Post
Quote:
Originally Posted by S.hasan546 View Post
You're comparing apples to oranges.

Your M4 is an $800 finance payment because you either put a bunch of money down, bought used, and/or got a shit long loan term.
Bought a 81k car for 46k yes, let someone else take the hit

The cars in the subscription program are also used, and yes it is a poor comparison BUT my point was I can own the same car for less than what it would cost to rent it

Like I said, works for some but not for most.
The cars are actually new. The M4 I'm driving right now has 400 miles on it. All of the cars are new for the program and then get cycled out at 15k miles.
Appreciate 0
      08-14-2018, 09:18 AM   #88
Johndong888
John
Johndong888's Avatar
United_States
75
Rep
885
Posts

Drives: '12 M3, '18 S560, '16 G63
Join Date: Feb 2008
Location: Cherry Hill, NJ

iTrader: (9)

Quote:
Originally Posted by NCThreePedals View Post
Quote:
Originally Posted by S.hasan546 View Post
You're comparing apples to oranges.

Your M4 is an $800 finance payment because you either put a bunch of money down, bought used, and/or got a shit long loan term.
Bought a 81k car for 46k yes, let someone else take the hit

The cars in the subscription program are also used, and yes it is a poor comparison BUT my point was I can own the same car for less than what it would cost to rent it

Like I said, works for some but not for most.
Quote:
Originally Posted by S.hasan546 View Post
Quote:
Originally Posted by NCThreePedals View Post
Insurance with a 300 deductible for my M4 at 26 is $115 and my monthly finance payment is $800 so if I'm paying 2600 I'd expect a huracan in my driveway and for $1400 I would expect an i8 and not an M2

I can see how this will work for SOME but sure as hell won't work for most
You're comparing apples to oranges.

Your M4 is an $800 finance payment because you either put a bunch of money down, bought used, and/or got a shit long loan term.
Quote:
Originally Posted by NCThreePedals View Post
Quote:
Originally Posted by S.hasan546 View Post
You're comparing apples to oranges.

Your M4 is an $800 finance payment because you either put a bunch of money down, bought used, and/or got a shit long loan term.
Bought a 81k car for 46k yes, let someone else take the hit

The cars in the subscription program are also used, and yes it is a poor comparison BUT my point was I can own the same car for less than what it would cost to rent it

Like I said, works for some but not for most.
I agree with s.hasan. Your comparison is off. Many cars have similar lease vs finance monthly payment but lease is 3 years vs finance being dragged out 5 years (common terms).

And because these sub cars are swapped out with new ones every 1-2 years, even comparison with a 3 year lease is unfair. The subscription structure is essentially a 24k miles, 1 year lease. But 1 year leases are way too rare, we can only use their lease price point with a slightly more common 2 year term pricing to gauge value.

With utmost certainty, no way would bmw keep using the same car well into year 2. Dealers like to unload their loaner way before 10k miles.
__________________

Current - 2012 AW/FR E92 M3 | 2014 AW X5 | 2015 MB S550 | 2016 RR V8 (White FTW)
Mods - BPMTune Stg1/Servo, Euro Visors & Side Mirror, IND Gloss Blk Pkg, OEM Perf. CF Trim/Spoiler, Grills, Lights, Pedals, Umnitza V4 AE, ModeCarbon GTS V1, 19" HRE P40
Sold - 2008 BSM/Black E92 335i
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 02:11 PM.




g60
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST