18th January 2011, 22:12
m5board.comoholic (>1000 posts)
Join Date: Apr 2007
Location: Cary, NC, USA, Earth
2003 M5 Sterling Gray
Thanked 182 Times in 125 Posts
This "BMW Select" appears to be structured like a lease but for people who want to actually "own" the car during the term.
A surprising number of people cannot actually afford to purchase a $65,000 car with cash. Even fewer can buy a new M5 (I think the average price for the E60 M5 was around 90K - I'm sure the F10 will be close to 100) for cash.
We all need to be thankful to those folks who did finance these E39 cars new; if not for them, we would not be able to buy them used at a significant savings now.
2003 Sterling Gray/Caramel sold, now living in VA
2000 Jet Black/Black sold, it's back in Illinois, where it came from
2003 LMB M5 R.I.P.
2008 Namibia Orange
R1200GS (hence the handle "Beemer Guy")
Currently driving a Porsche