12-05-2013, 08:48 AM | #1 |
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Can we lease if we are among early adopters?
I am looking to put my name on the list for the M3 for an April/May build. Can I lease the car? Or will there not be any leases allowed for these cars until residual values are calculated?
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12-05-2013, 08:53 AM | #2 |
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Yes, should be available from the start.
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12-05-2013, 09:04 AM | #3 |
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I am planning to Lease mine through my practice. My dealer didn't bat an eyelash and knows my plan
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12-05-2013, 05:00 PM | #5 |
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I will be in Salzburg during the middle of may. Would Euro delivery even have a chance?
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12-05-2013, 07:02 PM | #6 |
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Leasing a brand new /M car... better get the lube ready and prep with a few dilators.
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Let me get this straight... You are swapping out parts designed by some of the top engineers in the world because some guys sponsored by a company told you it's "better??" But when you ask the same guy about tracking, "oh no, I have a kid now" or "I just detailed my car." or "i just got new tires."
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12-05-2013, 07:04 PM | #7 |
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F30 had outstanding lease rates upon release, I have no reason to think M3 will be any worse. The F10 M5 had terrible initial lease rates but that is a completely different car that depreciates like a brick compared to 3 series.
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12-05-2013, 10:33 PM | #8 | |
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At least that's how it worked with my dad's E46 and Z4MC...
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12-05-2013, 11:26 PM | #9 | |
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THe M5 has lost EVERY comparo out there and demand has been much weaker than in the past whey they used to win everything. Now Caddy smokes the M5 in the comparos and Audi wins them all. This is what happens when //M starts going for the mass market instead of the market they were build on. And the electric steer is also at fault. .
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Let me get this straight... You are swapping out parts designed by some of the top engineers in the world because some guys sponsored by a company told you it's "better??" But when you ask the same guy about tracking, "oh no, I have a kid now" or "I just detailed my car." or "i just got new tires."
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12-06-2013, 06:26 AM | #10 |
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12-06-2013, 07:58 AM | #11 | |
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As for the actual performance of the car...well I feel like BMW has lost their way just a bit...there is a reason that the new Caddilacs are doing well performance wise--GM made the decision that they were going to meet or beat the Germans/Japanese in the performance segment. The weak point (and tipping point towards a Bimmer or Audi or Merc) was the build quality issue, and the shoddy interiors. If you have been in a new CTS, I think you have to give them credit for aleviating that concern, at least at the outset. The interior is a really nice place to be... I think BMW really needs to make a statement with the new M3/4...we shall see...
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12-06-2013, 07:58 AM | #12 |
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Without a lot down, I just can't see that happening. But we can hope!
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12-06-2013, 08:17 AM | #13 |
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It's not so much a decision but a place holder. I can get my deposit back with zero questions if I decide that the car isn't what I want. Assuming the car is exactly what I want, I've got the option to not have to wait to get it. There's really nothing wrong with placing a deposit right now to hold your place in line.
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12-06-2013, 08:56 AM | #14 |
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I am sure that the M3 residuals will be worse than the F30/F32. But they won't be nearly as bad as the M5/M6 residuals. I should have been more clear.
If the residuals are really that bad upon release I will just assume a C63 or CTS-V lease with 6-9 months left to buy me some time. My expectation is that a 3 year/36 month lease with maxed-out security deposits will still be under $1000. Honestly, if BMW wants my business it will have to be. |
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12-06-2013, 09:45 AM | #15 |
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This.
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12-06-2013, 10:11 AM | #16 | |
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But more practically speaking, an 1100+ lease payment is getting you into GT-R and Carerra lease payment ranges. BMW cannot expect people to pay near-911 money for a lease of an M3. Just not gonna happen guys. It's going to be 1000 or less. It HAS to be. M5 leases rates are terrible, the cars are much more expensive. That data has little bearing on this discussion. Last edited by basscadet; 12-06-2013 at 10:17 AM.. |
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12-06-2013, 05:16 PM | #17 | |
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If this car is going to be 75-80k out the door, how in the world could it NOT be $1000 a month ? You factor in the crappy initial residuals and likely less than ideal money factor, and tax, and there just doesn't seem to be a way it can come in under a grand a month. I hope it does - I just doubt it. BMW is also slowly going away from "al a carte" options and moving more towards larger packages filled with shit you don't want. But to get certain good stuff, you have to get package A, B, and C. Adds up quickly.
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12-06-2013, 06:30 PM | #18 |
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Up until about 2011 MY M3s were 1000-1100/month. <50% residual for 36months was the primary reason. For 2012/2013, I think the residuals went up to more than 60%, and THEN the monthly payments fell to around 800-900/month. The new M3's will definitely have a higher MSRP, (approx. 5k i'd guess), and probably shitty residuals. Also, aren't Porsches still way more expensive. I've tried to price them out and I always got found the base Cayman S to be like 800/month and 911's to be like 1200+. At least from what I've seen.
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12-06-2013, 06:31 PM | #19 | |
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Here's a $76k M3 with a lease payment of $830. http://www.swapalease.com/lease/deta...x?salid=767253 MF and residuals will have to be TERRIBLE for payments to be over $1000. |
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12-06-2013, 09:48 PM | #20 |
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I guess we will just have to agree to disagree. This new car is not going to be significantly more expensive than the last one. I'm sure the initial residuals will be poor but that can't account for $200 a month difference.
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12-06-2013, 10:12 PM | #21 | |
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Check this out: http://www.ridewithg.com/bmw-lease-rates/ I do understand how leases work, I have leased 3 cars before. |
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12-07-2013, 02:10 AM | #22 |
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I don't think you're getting a new M4/M3 for under $1,000 out the gate maybe after the first 9 months to a year perhaps. When the E9x came out they were leasing over $1000-1100 easy. But then the economy was also dead so they started blowing them out. I picked up my M3 for $790 tax included which at the time was a steal for the M3. But now the economy is doing better I don't see that happening again.
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