I have my name on the list for an RS6, and expect to get it sometime next summer or fall. I need a new daily driver now, and am thinking I’ll lease something to get me by until the RS6 arrives and then offload whatever I pick up now on Swapalease.
I’m considering a 2019 M5 if I can get one for at least 11% off or a 2020 M550 I know I can get for 8% off msrp. I also really like the Q7 Prestige and know I can get one for 14-15% off. I am thinking 36/15k.
Could you guys tell me if I’m making a stupid decision leasing for such a short time period and/or if these particular cars aren’t a good option based on my situation? If not, what else should I be looking at?
Maybe I am overly cautious, but what happens when you lease an M5, which for argument’s sake is $1,200 per month (random number I saw on a different thread), and then you don’t get any takers when you try to swap out of it?
I’m guessing that since you are even considering this, you can comfortably afford to carry the lease for the whole term. The question is, do you really want to be paying for the M5 for 1-2 more years (worst case scenario) while also paying for the RS6?
As someone else suggested, you are likely better finding a lease to assume that has a year left, rather than leasing a new car and hoping to find someone to take it over a year from now (without offering a massive incentive to just dump it).
I’d say buy (not lease) a 530e if you qualify for high tax credit. 2019 cars have good dealer discounts now plus $4500 APR credit, loyalty/conquest, OL code, BMWCCA etc. Depending on your state and income you can get up to almost $10k in tax credit on top (I personally would here in CO on dual 6-digit W-2 income).
just do a 540, jb4 and it’s like 400 hp, plus if you get one for low to mid 5s it should go pretty easily on swapalease and even if it takes time it’s not going to kill you like an m5 $1400-$1500 a mo. will. That’s what I’m doing because the hellcat widebody won’t be out until a few month’s before my current lease is up and I won’t find a good deal for another 6-8 months after that. It’s kinda my go between car.