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      11-02-2018, 02:18 AM   #67
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Quote:
Originally Posted by harryjfranco View Post
These rates are ridiculous. Had a quote from a dealer:

82k MSRP
78k Selling Price

12k miles a year
.00147 (MSD 7 Payments)
56% Residual

1284 a month.

Explain to me how the F these prices are even normal.

CRAZY!!!!!!!!!
Holy shit , last December I picked up my 18' ZCP 84K sticker for $2500 down @ $979 a month w/ tax and I was crying about the payments as this car is worth $750 max to me ...
BUT $1284 and thousands of dollars down ?!?!?
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      11-02-2018, 01:58 PM   #68
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Quote:
Originally Posted by mindspin311 View Post
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...
That is freaking ridiculous.

If I paid $15k down for my lease, I would've been paying $500ish/mo after taxes. I actually talked to my advisor about trading in my old car and he blind matched my offer from CarMax for $15.5k and gave me that number.
I decided to pocket the money and "paid" $0 down/driveoff and my monthly came to $1044 after taxes, $956 before. msrp $81k, 45k miles/3years, 58% residual, 0.00156 mf.
AND I've been told that I'm paying too much.

Don't let them talk you into a lease. If you plan on keeping the car finance it. I would never put anything down on a lease if it's not required. I would much rather keep that money and invest it elsewhere than to secure a lower monthly payment.
Send them a counter and tell them their numbers are ridiculous.

Last edited by s0211; 11-03-2018 at 10:45 PM..
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      11-02-2018, 03:42 PM   #69
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Did things get any better this month?
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      11-02-2018, 04:21 PM   #70
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Originally Posted by Milan10 View Post
Did things get any better this month?
Nope. Same situation
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      11-02-2018, 05:25 PM   #71
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Quote:
Originally Posted by DK__LA View Post
Holy shit , last December I picked up my 18' ZCP 84K sticker for $2500 down @ $979 a month w/ tax and I was crying about the payments as this car is worth $750 max to me ...
BUT $1284 and thousands of dollars down ?!?!?
F-O-H
Looks like this is the new normal for BMW leases.
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      11-02-2018, 05:27 PM   #72
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Quote:
Originally Posted by cupojava View Post
Quote:
Originally Posted by DK__LA View Post
Holy shit , last December I picked up my 18' ZCP 84K sticker for $2500 down @ $979 a month w/ tax and I was crying about the payments as this car is worth $750 max to me ...
BUT $1284 and thousands of dollars down ?!?!?
F-O-H
Looks like this is the new normal for BMW leases.
They can take their "new normal " and shove it up you know where.
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      11-05-2018, 12:19 PM   #73
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As the inventory piles up .... they will adjust accordingly
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      11-05-2018, 12:58 PM   #74
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Client advisor from my local dealership called me this weekend. Said he was "assigned" to me. Whatever that means. I told him we were gonna be in the market for two cars this spring/summer but wasn't happy with the current rates/situation. His reply was that BMW is going to throw around some incentives etc etc... to move cars.

I'm going to start my search for a CA/Dealership that will deal on two cars with ED potentially mixed in there next month. December is good month for vehicle lease/purchase IMO.

I'll report back
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      11-06-2018, 11:42 PM   #75
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Quote:
Originally Posted by DK__LA View Post
Holy shit , last December I picked up my 18' ZCP 84K sticker for $2500 down @ $979 a month w/ tax and I was crying about the payments as this car is worth $750 max to me ...
BUT $1284 and thousands of dollars down ?!?!?
F-O-H
Daamn! that's steep, 1200+ month for an M3 is insane!! I'm glad I leased last year, leased an 18 on December, 83.5K MSRP, I'm at 880 moth including tax (10.75% LA tax, 795 without tax), I think that's the sweet spot for a lease on an M3.
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      11-08-2018, 08:26 PM   #76
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Garage List
2018 BMW M4  [0.00]
How's this deal?

New 2018 M3 Grigio (comp, executive, 19's, DCT, extended leather, etc) for $75k?

Should I try for $70k?
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      11-09-2018, 04:37 PM   #77
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Bmw Cs Residuals To Change

BMW will announce CS residuals will now be the same as standard M3/M4. Will lower payments as much as $400 a month on a $0 down lease.
This may only be regional but will happen.
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      11-09-2018, 04:40 PM   #78
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Quote:
Originally Posted by NickD1958 View Post
BMW will announce CS residuals will now be the same as standard M3/M4. Will lower payments as much as $400 a month on a $0 down lease.
This may only be regional but will happen.
Now this would be amazing. However I don't see BMW throwing in the towel on the CS this soon.
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      11-11-2018, 09:17 AM   #79
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ED pricing questions

Hello,

I have to place an order for my next car, which will be a M4 CP, I will be in Munich in April. My question is, are the discounts set when you do a ED? Any negotiation between my dealer on price?

This is my second BMW, I will be trading in a '17 X6 50i, I like the car but I want something more suited for the track.

Any other tips for a first time ED'er would be great.

BTW, I am in Wisconsin, my closest two dealers are Rochester MN, and Milwaukee WI

Thank You,
KP
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      11-11-2018, 12:48 PM   #80
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Quote:
Originally Posted by BMV///M3 View Post
Now this would be amazing. However I don't see BMW throwing in the towel on the CS this soon.
The GSM at my local store confirmed it yesterday.
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      11-11-2018, 05:49 PM   #81
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Quote:
Originally Posted by Salespunk View Post
Quote:
Originally Posted by BMV///M3 View Post
Now this would be amazing. However I don't see BMW throwing in the towel on the CS this soon.
The GSM at my local store confirmed it yesterday.
That's pretty awesome. Hopefully we see some residuals improve on other vehicles as well. I don't see the MF getting any better with the rising interest rates though. But more incentives would offset this
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      11-12-2018, 07:56 AM   #82
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Quote:
Originally Posted by VAUROS View Post
How's this deal?

New 2018 M3 Grigio (comp, executive, 19's, DCT, extended leather, etc) for $75k?

Should I try for $70k?
We need more details on your deal. Are you leasing, financing, or paying cash? MSRP? APR/MF? Dealer fees?
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      11-12-2018, 10:47 AM   #83
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Quote:
Originally Posted by cautjit View Post
Hello,

I have to place an order for my next car, which will be a M4 CP, I will be in Munich in April. My question is, are the discounts set when you do a ED? Any negotiation between my dealer on price?

This is my second BMW, I will be trading in a '17 X6 50i, I like the car but I want something more suited for the track.

Any other tips for a first time ED'er would be great.

BTW, I am in Wisconsin, my closest two dealers are Rochester MN, and Milwaukee WI

Thank You,
KP
I think BMW caveats the 5% ED discount with “at participating dealers” which means some will do it and some won’t. When I went to place my order for one of the last of the line M3’s there were no allocations left at all in the country. Eventually my dealer figured out how to get one by calling in favors and whatnot but it meant I didn’t get the full 5% discount due to this timing. Bad luck I guess...

Definitely shop around. Make sure the dealer actually has an allocation for an M4 build and that they are willing to do the Euro delivery. No actual allocation then just walk away.

And don’t feel obligated to shop only in your immediate area. You can order anywhere within XX miles radius, and make an adventure drive back home when it gets redelivered. Or, widen the net and decide on PCD delivery in which case you can shop around anywhere in the US for the best deal.

Forgot to say, by the look of things the euro delivery may be going the way of the dodo, could be phased out soon. So if you’ve ever wanted to do one, now is the time and don’t worry about a 2% discount, the experience more than makes up for it. Check out my ED post in the Photos section.
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      11-12-2018, 11:52 AM   #84
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Quote:
Originally Posted by adc View Post
Quote:
Originally Posted by cautjit View Post
Hello,

I have to place an order for my next car, which will be a M4 CP, I will be in Munich in April. My question is, are the discounts set when you do a ED? Any negotiation between my dealer on price?

This is my second BMW, I will be trading in a '17 X6 50i, I like the car but I want something more suited for the track.

Any other tips for a first time ED'er would be great.

BTW, I am in Wisconsin, my closest two dealers are Rochester MN, and Milwaukee WI

Thank You,
KP
I think BMW caveats the 5% ED discount with "at participating dealers" which means some will do it and some won't. When I went to place my order for one of the last of the line M3's there were no allocations left at all in the country. Eventually my dealer figured out how to get one by calling in favors and whatnot but it meant I didn't get the full 5% discount due to this timing. Bad luck I guess...

Definitely shop around. Make sure the dealer actually has an allocation for an M4 build and that they are willing to do the Euro delivery. No actual allocation then just walk away.

And don't feel obligated to shop only in your immediate area. You can order anywhere within XX miles radius, and make an adventure drive back home when it gets redelivered. Or, widen the net and decide on PCD delivery in which case you can shop around anywhere in the US for the best deal.

Forgot to say, by the look of things the euro delivery may be going the way of the dodo, could be phased out soon. So if you've ever wanted to do one, now is the time and don't worry about a 2% discount, the experience more than makes up for it. Check out my ED post in the Photos section.
Why do you think ED is going away? Mexican BMWs?
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      11-19-2018, 10:38 AM   #85
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2018 M3 CS and 2019 M4 CS residuals have been raised and now match the standard M3 and M4:

M3 CS (2018MY)
15k miles / 54% residual
12k miles / 56% residual
10k miles / 57% residual

$1000 loyalty credit (lease/APR)
M4 CS (2019MY)
15k miles / 54% residual
12k miles / 56% residual
10k miles / 57% residual

$500 lease credit
$500 loyalty credit (lease/APR)
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      11-19-2018, 10:43 AM   #86
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Quote:
Originally Posted by Jason View Post
2018 M3 CS and 2019 M4 CS residuals have been raised and now match the standard M3 and M4:

M3 CS (2018MY)
15k miles / 54% residual
12k miles / 56% residual
10k miles / 57% residual
M4 CS (2019MY)
15k miles / 54% residual
12k miles / 56% residual
10k miles / 57% residual
Now if only they would improve the MF!
Btw, can the 3er $3k holiday cash be applied to M3/M3CS?
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      11-19-2018, 11:50 AM   #87
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Quote:
Originally Posted by Moneygrowsontrees View Post
Quote:
Originally Posted by DS_BMW View Post
I'm thinking dealers are going to have to get very aggressive with deals soon! I can't see them wanting to sit on all these 18MY at the end of the year.

There are over 950 new M3's listed on cars.com
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
Yes, BMW is losing money on those $800 lease deal with 60% residuals.

I bought an used 2015 M4 with 14k miles back in August from a Lexus dealer. The car had almost every option available at the time with a MSRP of $88k. It has xpel PPF installed and in perfect condition, even the sakhir orange leather looks like no one ever sit on it before.

Guess how much the dealer paid for it? $41k! That is after the $4k low mileage adjustment. The real residual on 15 is about 42~45% if you pay attention to dealer auction price.

Unfortunately, BMW flooded the market with too many F80/82 with their aggressive leasing back then and now it is hurting them. I doubt the 60% residual will ever come back unless US government bans any car with less than 25mpg lol J/K
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      11-19-2018, 12:18 PM   #88
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Quote:
Originally Posted by Jason View Post
2018 M3 CS and 2019 M4 CS residuals have been raised and now match the standard M3 and M4:

M3 CS (2018MY)
15k miles / 54% residual
12k miles / 56% residual
10k miles / 57% residual
M4 CS (2019MY)
15k miles / 54% residual
12k miles / 56% residual
10k miles / 57% residual
I guess a couple weeks of no one jumping on the previous bad rates forced BMW to do something about it. Rates are still not great so interesting to see if this actually moves any of the CS cars.
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