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10-17-2018, 08:17 AM | #45 |
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I'm wondering the opposite, if you look at auctions it's frankly a graveyard for 15 f80 and 82's waiting to hit the block. People are terrified to buy them because the notion of how unreliable they are. So maybe it's. Or just the economy, maybe BMW is trying to Muniz's leasing and encourage buying 🤷🏻*♂️ who knows, not many CPO avail when comparing to the list for sale, and MANY at non BMW dealers 100 plus days thus doing the auction revolving door. With that said you'd think bmw would ecstatic with leases because all the selling dealers or buying at end of lease have to pay that residual value to leasing company
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10-17-2018, 08:23 AM | #46 | |
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10-17-2018, 08:57 AM | #47 |
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The lease payments you're all getting quoted are what you'd pay at another marque for a car that's around the same price . BMW isn't so much as ripping you off as they are taking a break from the massive subsidies they've been giving us for years. I hope they come back.
The other issue is that we've had three prime rate hikes in the United States this year, with a fourth one likely next month. All borrowing products are significantly more expensive than they used to be |
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10-17-2018, 09:18 AM | #48 | |
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10-17-2018, 02:44 PM | #50 | |
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The US is no longer BMWs most lucrative market, china is (keep politics out of this please, just talking about money ). They decided they did not want to lose as much per car as they were in the past (go back to being a bit more exclusive, seems to me). They seem to be ok with selling less units and making a bit more per unit. Coupled with the fact that M3s will not be available for at least a couple of years, and I think that BMW dealers are fine sitting on the M3s... I really doubt there is going to be any sort of a fire sale on them. BMW dealers will tell you "these are not distressed cars" so sitting back and waiting on a fire sale on M3s may be a losing proposition. There will always be outliers though, so .../shrug. |
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10-25-2018, 01:36 PM | #52 |
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$950.00 is pretty much my limit with $0 down. I have a 5 mile commute, so even $950 is absolutely stupid and I should be ashamed of myself for saying that.
That said, if I can get into one for $950 I would do it in a second lol. I asked my dealer WTF is going on, and he told me they are having an awful time moving them with mediocre residuals, higher interest rates, and no factory cash. |
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10-25-2018, 06:31 PM | #53 |
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OK guys, help me out, never leased a car before. There's an Avus M3 ZCP at my local dealer calling my name. This is the 1st pass on what the CA told me...
Selling price - 76,922 Money down - 15000 (he took this from what my regular financing downpayment would be) 3yrs/36k miles Residual - 59% or 45,385 Money factor (whatever this is haha) - 0.00222 Monthly payment - $900 I really wouldnt want to lease with putting 15k down, maybe 5, but 15 is insane. What do you guys think? what part of this is insanity? All of it... |
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10-25-2018, 09:25 PM | #54 | |
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Second, "how much of that deal is insanity?" All of it, like you said. I dont pick apart lease deals anymore, but even if someone else does that for you, it wont help you unless you understand the moving parts of a lease. If you were planning on buying the car, dont let them convince you that you should lease. I love leasing, but its not for everyone. Learn about it and decide if its for you... but you really need to either step back and read about leasing to understand it first, or just skip leasing and negotiate on buying this car instead of leasing it (assuming you have bought a car before and know that part of it). (leasing 101 thread, right here in bimmerpost, stickied in this very section : https://f80.bimmerpost.com/forums/sh....php?t=1084623) |
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10-26-2018, 08:08 AM | #55 |
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Are there any 'leaks' about upcoming MF and residuals, for November 2018?
We've been shopping and dealers are becoming more 'aggressive' with their stale 30-60 day old F80's. Just waiting for the terms from BMWFS leasing to correct itself. |
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10-26-2018, 09:28 AM | #56 | |
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10-26-2018, 11:14 AM | #57 | |
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BMW actually HAS "corrected the lease terms" because they had their residuals waaaaaaay out of whack with what the cars really are worth on lease turn in, just to push cars. They were way out of whack before, they are fairly accurate now (but that means that cars are more expensive than they were before). I totally get the issue that, once you pay XXX for something its only worth XXX to you.. .so if you had a lease deal with a MF of .00130, applied 7 MSDs to it, and got a Residual of 62% for your current ride, then current rates might look out of whack, because the same car will be more expensive. So, for YOU (and me, and anyone else who leased a car in 2016) the terms look poor. I am hoping BMW throws us some holiday cash in November, but I dont think MFs or RVs will change that much going forward. I dont know though, no one does. Last year ( for example ), August or September was the best month for leasing, not November / December. |
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10-28-2018, 05:28 PM | #58 |
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I see some people have gotten a total of $8000-9500 off a new M3 when financing. How do I negotiate such a steep discount? I'm in the DMV (Maryland) market and have some good CA relationships. However, I'm willing to purchase out of state for the right deal. Also, are individual colors free now or can be had for cheap? I'm looking at nardo grey for color.
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10-28-2018, 09:55 PM | #59 | |
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https://f80.bimmerpost.com/forums/sh....php?t=1503205 Those discounts would have included whatever incentives (such as loyalty etc) that people qualified for. |
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10-31-2018, 01:58 PM | #60 | |
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Incentives at the time I qualified were 3k loyalty and 1k college grad. Also received the $500 CCA rebate but that's seperate. The rest was the dealer's discount...and I tried to tack on corporate fleet but they said I couldn't combine with college grad (still not convinced that was the truth ) I was not picky with colors/options and at this point I don't think you can either. It does help to buy from a dealer that has a couple M3s in stock as opposed to say only one or two. |
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11-01-2018, 11:24 AM | #63 |
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Just posted in first post. No change.
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11-01-2018, 10:53 PM | #65 | |
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11-01-2018, 10:56 PM | #66 | |
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Well said |
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