BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Go Back   BMW M3 and BMW M4 Forum > BMW F80 M3 / F82 M4 Forum > F80 M3 / M4 Pricing, Ordering, European Delivery

Closed Thread
 
Thread Tools Search this Thread
      08-26-2017, 07:25 PM   #2663
ScarecrowBoat
Zooombie attaaack!!
ScarecrowBoat's Avatar
United_States
136
Rep
1,179
Posts

Drives: 328
Join Date: Mar 2011
Location: Santa Monica

iTrader: (2)

Quote:
Originally Posted by jameshp View Post
So here is the response I got from the CA

Money factor, based on credit, ranges usually from .00150 to .00190. The residual for 12k miles per year is 61%
$76,770
Selling price - $72,500
Cash down $4900
Rebate - $2000
Document fee - $300
Acquistion fee - $925
Va taxes for tags fee - $147.50
Va taxes for Virginia property tax estimate - $10,550
Monthly payment is $889.34
This is all based on a credit score of 859-889.

Not sure where the cash down amount came from. I told him first months payment, taxes and tags.
The highest possible FICO score is 850.
Appreciate 0
      08-26-2017, 08:28 PM   #2664
Thescout13
Brigadier General
Thescout13's Avatar
United_States
4944
Rep
4,976
Posts

Drives: '20 F80 M3CS, %E2%80%9818 GT3
Join Date: Nov 2013
Location: California

iTrader: (0)

Quote:
Originally Posted by ScarecrowBoat View Post
Quote:
Originally Posted by jameshp View Post
So here is the response I got from the CA

Money factor, based on credit, ranges usually from .00150 to .00190. The residual for 12k miles per year is 61%
$76,770
Selling price - $72,500
Cash down $4900
Rebate - $2000
Document fee - $300
Acquistion fee - $925
Va taxes for tags fee - $147.50
Va taxes for Virginia property tax estimate - $10,550
Monthly payment is $889.34
This is all based on a credit score of 859-889.

Not sure where the cash down amount came from. I told him first months payment, taxes and tags.
The highest possible FICO score is 850.
Not if its on the VantageScore scale, which is pretty meh score. Doubt its that though. Likely a typo
__________________
Wife's Car: 2020 X4M Competition, Alpine White on Black Alcantara and Biege
Current Car: 2018 F80 M3CS, SMB, DCT, ZEC, MPE
Recently Departed: 2020 F87 M2C, LBB, ZEC, 6MT (Euro Delivery Aug. 29, 2019, totaled by an idiot in a Camry who then ran from the scene)
Wife's Prior Car: 2018 F80 M3, Yas Marina Blue, DCT, Black 19s, Carbon Structure Anthracite Cloth/Leather Combination, Driving Assistance Package (Euro Delivery Oct. 9, 2017)
Appreciate 0
      08-27-2017, 01:28 PM   #2665
Ibiza
Colonel
Ibiza's Avatar
United_States
3480
Rep
2,818
Posts

Drives: 22 G83 comp & 2024 X5 M60
Join Date: Mar 2011
Location: On the run....

iTrader: (0)

Quote:
Originally Posted by Thescout13 View Post
Quote:
Originally Posted by ScarecrowBoat View Post
Quote:
Originally Posted by jameshp View Post
So here is the response I got from the CA

Money factor, based on credit, ranges usually from .00150 to .00190. The residual for 12k miles per year is 61%
$76,770
Selling price - $72,500
Cash down $4900
Rebate - $2000
Document fee - $300
Acquistion fee - $925
Va taxes for tags fee - $147.50
Va taxes for Virginia property tax estimate - $10,550
Monthly payment is $889.34
This is all based on a credit score of 859-889.

Not sure where the cash down amount came from. I told him first months payment, taxes and tags.
The highest possible FICO score is 850.
Not if its on the VantageScore scale, which is pretty meh score. Doubt its that though. Likely a typo
There is also a FICO auto score that leasing company's use, previous car payments carry a heavier weight to determine the score. With BMWFS top sales support is 700 and above, so anything above is all relative.
__________________
2022 G83 PCD & 2024 G05 S68 PCD
Retired:2021 F95 ZCP PCD,2018 F85 PCD,2018 F83 ZCP- ED/PCD, 2015 X5 50i PCD, 2015 435 vert ED, 2011 X3 PCD, 2011 335is vert ED/PCD, 2007 X3is PCD, 2007 335i vert PCD, 2004 328i vert PCD
Appreciate 0
      09-02-2017, 09:55 AM   #2666
f82fanatic
Major
f82fanatic's Avatar
1043
Rep
1,390
Posts

Drives: iX
Join Date: Feb 2015
Location: Miami, FL

iTrader: (0)

Quote:
Originally Posted by WilliCO View Post
I threw $10K at my current F10 lease. Eyes wide open. The reality is that my previous E60 was paid for, and if I had moved from that directly to a $750 lease payment, I would have paid for it in spousal blood every month for the full term of the lease. It was better for me to risk whatever perdition comes with putting money down on a lease.

Everyone has priorities and their own optics requirements.
Yes! This is genius. My wife has limited my monthly car cost to $500 a month. I just regulate that with a down payment.

Also, the down payment perdition myth is an old and tired concept. If you understand finance/insurance you know this not to be true.
Appreciate 0
      09-02-2017, 10:02 AM   #2667
f82fanatic
Major
f82fanatic's Avatar
1043
Rep
1,390
Posts

Drives: iX
Join Date: Feb 2015
Location: Miami, FL

iTrader: (0)

Quote:
Originally Posted by WilliCO View Post
Horsefeathers. The issue with leasing is that since so many variables go into the calculation, most buyers can't negotiate from an informed position, get taken somewhere, and end up paying more than they should on a lease.

BMW is actively using its lease program to capture market share, mainly by manipulating MSRP and residual to make lease payments lower than maybe they should be. On the one hand, I say that leasing and financing are two different financial tools, one not being any better or worse than the other, all depending on the individual deal. On the other hand, I'd say that at the moment BMW is doing things that usually make it advantageous to lease. Mercedes also.

In any comparative analysis, you have to assume that you keep the car equivalent lengths of time whether you buy or lease. Buying a CPO car and holding it for 8-10 years is almost always going to be the most economical option.


Thank you. This is what I call understanding the financing portion of the car acquisition.

Another one that always baffles me is when they ask me why I am financing the fees. It's exactly the same thing as financing a wheel or any other car in the package for that matter.
Appreciate 0
      09-05-2017, 01:11 PM   #2668
doug_999
Brigadier General
doug_999's Avatar
2539
Rep
3,967
Posts

Drives: 2011 1M/2021 992/2023 X3
Join Date: Mar 2008
Location: Chicago, IL

iTrader: (0)

Quote:
Originally Posted by f82fanatic View Post
Also, the down payment perdition myth is an old and tired concept. If you understand finance/insurance you know this not to be true.
Down payment perdition myth?

There is no christian myth here - it is a very risky thing to do - period.
__________________
2011 1M, Black loaded sans sat radio
2021 911 C4S Gentian Blue, manual
2023 X3 M40i - loaded sans Park Assist
Appreciate 2
WWM3956.50
      09-05-2017, 05:32 PM   #2669
GOLFFRR
GOLFFRR's Avatar
10723
Rep
27,536
Posts

Drives: GOLFFRR cart
Join Date: Mar 2009
Location: we sell BMWs to "ALL" US states

iTrader: (4)

2018 Models
september
36mo

All 3 series including m
Mf .00152
36mo
15k 55%
12k 57%
10k 58%
Apr 3.31

incentives: N/A

All 4 series including M
Mf .00152
15k 54%
12k 56%
10k 57%
Apr 3.31%
__________________

BEFORE YOU BUY YOUR NEXT BMW, EMAIL OUR GUY KOTE FIRST!
Kote M Sales:Kotem@bmwofcamarillo.com Cell:805-368-9101
vipfinance@bmwofcamarillo.com for warranties!
Appreciate 0
      09-11-2017, 12:10 AM   #2670
jmg
Lieutenant General
jmg's Avatar
18493
Rep
14,085
Posts

Drives: G82 M4C X-Drive
Join Date: Mar 2013
Location: Orange County, CA

iTrader: (1)

Garage List
2022 G82 M4C X-Drive  [9.83]
2018 F80 M3 CS  [9.83]
2019 i3 BEV  [0.00]
Quote:
Originally Posted by f82fanatic View Post
Yes! This is genius. My wife has limited my monthly car cost to $500 a month. I just regulate that with a down payment.

Also, the down payment perdition myth is an old and tired concept. If you understand finance/insurance you know this not to be true.
It's no myth. Payments are payments, only one of them you have risk of losing. If a high monthly is the reason for any decisions in a lease, then you're looking at leases how the dealer wants you to so that they can take advantage of ignorance. Total out of pocket. Period.
__________________

2022 G82///M4 Competition X-Drive - KW-HAS, EBC Bluestuff, Millway Race Camber Plates, Cup2 Connect*, PSI High Flow Midpipe, Lightweight Front Lip, M Perf Flow Through Wing
Previous • 2018 F80 ///M3 CS • 2016 F80 ///M3
IG: Raging_G82
Appreciate 2
doug_9992538.50
      09-16-2017, 12:26 PM   #2671
f82fanatic
Major
f82fanatic's Avatar
1043
Rep
1,390
Posts

Drives: iX
Join Date: Feb 2015
Location: Miami, FL

iTrader: (0)

Quote:
Originally Posted by doug_999 View Post
Down payment perdition myth?

There is no christian myth here - it is a very risky thing to do - period.
"very risky thing to do"... well, this is where we do not agree. The additional risk is greatly exaggerated. I have been driving for +/- 16 years and have had 0 cars totaled. How many have you had?

While I agree you are assuming a slightly larger risk in case your car gets totaled, the difference does not go from not risky to very risky. That is why I call it "perdition myth" and not "additional risk" myth.

And frankly, if you are leasing an M4 and being out 4 or 5k for a car getting totaled messes up your finances... well, I consider you are leasing above your means (that's my opinion though, to each his own).
Appreciate 0
      09-16-2017, 12:31 PM   #2672
f82fanatic
Major
f82fanatic's Avatar
1043
Rep
1,390
Posts

Drives: iX
Join Date: Feb 2015
Location: Miami, FL

iTrader: (0)

Quote:
Originally Posted by jmg View Post
It's no myth. Payments are payments, only one of them you have risk of losing. If a high monthly is the reason for any decisions in a lease, then you're looking at leases how the dealer wants you to so that they can take advantage of ignorance. Total out of pocket. Period.
"If a high monthly is the reason for any decisions in a lease, then you're looking at leases how the dealer wants you" err. No we are looking at them how I want to, for my own personal budgeting reasons, I want to have a lower monthly fee.


If you know and understand the factors that go into calculating a lease well, your argument that the dealership can take advantage of your ignorance is absolutely not true. I have no trouble whatsoever negotiating with a capital cost reduction figure in place, it's the same thing as long as you understand how these numbers work out together throughout the full period of the lease.
Appreciate 1
      09-16-2017, 01:10 PM   #2673
Aaaaaaaaa
Banned
No_Country
7559
Rep
5,056
Posts

Drives: The other M3
Join Date: Oct 2014
Location: So Cal

iTrader: (0)

Quote:
Originally Posted by f82fanatic View Post

And frankly, if you are leasing an M4 and being out 4 or 5k for a car getting totaled messes up your finances... well, I consider you are leasing above your means (that's my opinion though, to each his own).
Wait this isn't all of us here?
Appreciate 1
f82fanatic1043.00
      09-16-2017, 03:09 PM   #2674
jmg
Lieutenant General
jmg's Avatar
18493
Rep
14,085
Posts

Drives: G82 M4C X-Drive
Join Date: Mar 2013
Location: Orange County, CA

iTrader: (1)

Garage List
2022 G82 M4C X-Drive  [9.83]
2018 F80 M3 CS  [9.83]
2019 i3 BEV  [0.00]
Quote:
Originally Posted by f82fanatic View Post
Quote:
Originally Posted by jmg View Post
It's no myth. Payments are payments, only one of them you have risk of losing. If a high monthly is the reason for any decisions in a lease, then you're looking at leases how the dealer wants you to so that they can take advantage of ignorance. Total out of pocket. Period.
"If a high monthly is the reason for any decisions in a lease, then you're looking at leases how the dealer wants you" err. No we are looking at them how I want to, for my own personal budgeting reasons, I want to have a lower monthly fee.


If you know and understand the factors that go into calculating a lease well, your argument that the dealership can take advantage of your ignorance is absolutely not true. I have no trouble whatsoever negotiating with a capital cost reduction figure in place, it's the same thing as long as you understand how these numbers work out together throughout the full period of the lease.
You mentioned regulating your monthly lease payment with a down payment. Was this on a lease?
__________________

2022 G82///M4 Competition X-Drive - KW-HAS, EBC Bluestuff, Millway Race Camber Plates, Cup2 Connect*, PSI High Flow Midpipe, Lightweight Front Lip, M Perf Flow Through Wing
Previous • 2018 F80 ///M3 CS • 2016 F80 ///M3
IG: Raging_G82
Appreciate 0
      09-16-2017, 03:17 PM   #2675
jmg
Lieutenant General
jmg's Avatar
18493
Rep
14,085
Posts

Drives: G82 M4C X-Drive
Join Date: Mar 2013
Location: Orange County, CA

iTrader: (1)

Garage List
2022 G82 M4C X-Drive  [9.83]
2018 F80 M3 CS  [9.83]
2019 i3 BEV  [0.00]
Quote:
Originally Posted by f82fanatic View Post
Quote:
Originally Posted by doug_999 View Post
Down payment perdition myth?

There is no christian myth here - it is a very risky thing to do - period.
"very risky thing to do"... well, this is where we do not agree. The additional risk is greatly exaggerated. I have been driving for +/- 16 years and have had 0 cars totaled. How many have you had?

While I agree you are assuming a slightly larger risk in case your car gets totaled, the difference does not go from not risky to very risky. That is why I call it "perdition myth" and not "additional risk" myth.

And frankly, if you are leasing an M4 and being out 4 or 5k for a car getting totaled messes up your finances... well, I consider you are leasing above your means (that's my opinion though, to each his own).
Being out 4 or 5K is still an expense to be avoided. Calculate your lease payment with and without a down payment and you will see that you saving a minuscule amount by of liquid assets. If you are putting down money to make your lease monthly affordable, unless it's a MSD, they you are leasing above your means. Without incentives, a typical F8X paying MSRP is still in the $1000/mo range for a lease or less. What is your down payment bringing that to? Maybe $800 if you are totally nuts and put a huge down? What's a $200 monthly difference? It's not that much honestly, ad if it's a deal breaker, then you are definitely leasing above your means. Again, monthly is meaningless if you are not bringing down either your interest or cap cost.
__________________

2022 G82///M4 Competition X-Drive - KW-HAS, EBC Bluestuff, Millway Race Camber Plates, Cup2 Connect*, PSI High Flow Midpipe, Lightweight Front Lip, M Perf Flow Through Wing
Previous • 2018 F80 ///M3 CS • 2016 F80 ///M3
IG: Raging_G82
Appreciate 0
      09-16-2017, 03:57 PM   #2676
f82fanatic
Major
f82fanatic's Avatar
1043
Rep
1,390
Posts

Drives: iX
Join Date: Feb 2015
Location: Miami, FL

iTrader: (0)

Quote:
Originally Posted by jmg View Post
Being out 4 or 5K is still an expense to be avoided. Calculate your lease payment with and without a down payment and you will see that you saving a minuscule amount by of liquid assets. If you are putting down money to make your lease monthly affordable, unless it's a MSD, they you are leasing above your means. Without incentives, a typical F8X paying MSRP is still in the $1000/mo range for a lease or less. What is your down payment bringing that to? Maybe $800 if you are totally nuts and put a huge down? What's a $200 monthly difference? It's not that much honestly, ad if it's a deal breaker, then you are definitely leasing above your means. Again, monthly is meaningless if you are not bringing down either your interest or cap cost.
"Being out 4 or 5K is still an expense to be avoided" yes, but this applies only in the remote case your car is totaled, what are your chances of this happening? You still have not mentioned how many times it has happened to you


"If you are putting down money to make your lease monthly affordable" Nope. Not my reason and that statement does not make any sense, it would not make it more affordable, it would just be moving money around to different time periods. I guess you'd be saving in interest charges, but the savings would be negligible.


I believe I mentioned in my first comment of these series that I am considering doing it because my wife wants to have a monthly payment for two cars of $x or less a month, and I don't want to get into a deep discussion about it with her. So I'll do the same thing a salesman does, move the payments around


"Maybe $800 if you are totally nuts" see, this is my point. You perceive this as an incredibly risky proposition, as if you would have to be crazy to do this. I just don't see as much of a risk there as you do, and I am willing to take a chance on it for the right reason.
Appreciate 0
      09-21-2017, 06:47 PM   #2677
boss2k
Colonel
1041
Rep
2,759
Posts

Drives: 2021 M2C
Join Date: Jan 2010
Location: Atlanta

iTrader: (2)

Quote:
Originally Posted by GOLFFRR View Post
2018 Models
september
36mo

All 3 series including m
Mf .00152
36mo
15k 55%
12k 57%
10k 58%
Apr 3.31

incentives: N/A

All 4 series including M
Mf .00152
15k 54%
12k 56%
10k 57%
Apr 3.31%
My local dealer quoted me residual of 61% for 18M3 with 10k miles on a owners choice program which works like a lease but technically a financed program , how could that be possible as the residual states 58% for 10K

He also offered me rebate of 3.5K
__________________
2021 M2C HS/6MT/Exec/Moonroof
Appreciate 0
      09-21-2017, 07:08 PM   #2678
GOLFFRR
GOLFFRR's Avatar
10723
Rep
27,536
Posts

Drives: GOLFFRR cart
Join Date: Mar 2009
Location: we sell BMWs to "ALL" US states

iTrader: (4)

get the full breakdown of the deal and post it up in the pricing thread and we can all take a look
__________________

BEFORE YOU BUY YOUR NEXT BMW, EMAIL OUR GUY KOTE FIRST!
Kote M Sales:Kotem@bmwofcamarillo.com Cell:805-368-9101
vipfinance@bmwofcamarillo.com for warranties!
Appreciate 1
      09-25-2017, 11:22 PM   #2679
J_Markov
Registered
0
Rep
3
Posts

Drives: Future M3
Join Date: Sep 2017
Location: Miami

iTrader: (0)

M3 lease in South Florida

Several weeks ago I made the decision to finally go for an M3, what I didn't know is that it was so difficult to find a decent deal. I've seen so many good deals posted on this site, but it seems that for the 2018 model so far good deals are very hard to find.

For example, one of the best quotes I've gotten has been for a 79k MSRP (fully loaded with comp and exec package): 5k out of pocket and 1k/month for 36 months, 12k/year. Another dealer me quoted me a similar 79k MSRP (which they reduced to 76k): 6900 out of pocket and 1k/month. And these quotes are by far the best ones I've gotten (many others were in the 1200/month range). Every time I've asked about negotiation everyone has told me that they won't negotiate these prices because the demand is so high and there are so few of these cars.

I was hoping to stay at 900/month with no more than 3k at signing. Is this possible? Am i just shopping on a bad time? Should I just later in the year and see if the deals get better? Any advice would be much appreciated.
Appreciate 0
      09-26-2017, 07:09 AM   #2680
firedown31
Major
United_States
913
Rep
1,427
Posts

Drives: '16 AW M3
Join Date: Jun 2015
Location: NH

iTrader: (0)

Quote:
Originally Posted by J_Markov View Post
Several weeks ago I made the decision to finally go for an M3, what I didn't know is that it was so difficult to find a decent deal. I've seen so many good deals posted on this site, but it seems that for the 2018 model so far good deals are very hard to find.

For example, one of the best quotes I've gotten has been for a 79k MSRP (fully loaded with comp and exec package): 5k out of pocket and 1k/month for 36 months, 12k/year. Another dealer me quoted me a similar 79k MSRP (which they reduced to 76k): 6900 out of pocket and 1k/month. And these quotes are by far the best ones I've gotten (many others were in the 1200/month range). Every time I've asked about negotiation everyone has told me that they won't negotiate these prices because the demand is so high and there are so few of these cars.

I was hoping to stay at 900/month with no more than 3k at signing. Is this possible? Am i just shopping on a bad time? Should I just later in the year and see if the deals get better? Any advice would be much appreciated.
Are you only talking to south Florida dealers? If so that's your problem. Lots of money down there and dealers don't need to give discounts.

You might want to look into doing PCD, that way you can order from any dealer in the US.
Appreciate 0
      09-26-2017, 09:44 AM   #2681
J_Markov
Registered
0
Rep
3
Posts

Drives: Future M3
Join Date: Sep 2017
Location: Miami

iTrader: (0)

Quote:
Originally Posted by firedown31 View Post
Are you only talking to south Florida dealers? If so that's your problem. Lots of money down there and dealers don't need to give discounts.

You might want to look into doing PCD, that way you can order from any dealer in the US.
I've used a couple of 'lease brokers' which have been inquiring about cars throughout the US. One of the quotes is from a leadership in NY. Seems like inventory is too low now and demand is high.
Appreciate 0
      10-01-2017, 05:38 PM   #2682
boss2k
Colonel
1041
Rep
2,759
Posts

Drives: 2021 M2C
Join Date: Jan 2010
Location: Atlanta

iTrader: (2)

Are the October rates and residuals out yet?
Appreciate 0
      10-01-2017, 06:57 PM   #2683
Thescout13
Brigadier General
Thescout13's Avatar
United_States
4944
Rep
4,976
Posts

Drives: '20 F80 M3CS, %E2%80%9818 GT3
Join Date: Nov 2013
Location: California

iTrader: (0)

Quote:
Originally Posted by boss2k View Post
Are the October rates and residuals out yet?
Not until tomorrow morning
__________________
Wife's Car: 2020 X4M Competition, Alpine White on Black Alcantara and Biege
Current Car: 2018 F80 M3CS, SMB, DCT, ZEC, MPE
Recently Departed: 2020 F87 M2C, LBB, ZEC, 6MT (Euro Delivery Aug. 29, 2019, totaled by an idiot in a Camry who then ran from the scene)
Wife's Prior Car: 2018 F80 M3, Yas Marina Blue, DCT, Black 19s, Carbon Structure Anthracite Cloth/Leather Combination, Driving Assistance Package (Euro Delivery Oct. 9, 2017)
Appreciate 0
      10-11-2017, 09:41 AM   #2684
jwbeeler
Private
jwbeeler's Avatar
United_States
5
Rep
75
Posts

Drives: 2015 F83 - M4 Convertible
Join Date: Oct 2014
Location: Cary, NC

iTrader: (0)

Quote:
Originally Posted by Thescout13 View Post
Not until tomorrow morning
I was just told:

57% 10K
56% 12K
54% 15K

I need to order to replace my F83 BSM. Any more thoughts from anyone?
Appreciate 0
Closed Thread

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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 03:47 AM.




f80post
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