M4 Lease Help/Thoughts

cjackson1906 · 02-18-2019, 07:02 PM

Something about this “deal” seems a little off to me, but maybe I’m wrong. Any help or advice would be greatly appreciated. Here’s the info:

2019 M4 CP w/Executive Pkg, DCT & a few other options
Location: Texas
MSRP: 82,585
Discount: 2,300
Selling Price: 80,285
Rebate: 4,500
Sub Total: 75,785

Fees & Taxes: 2,158
Negative Equity/Trade In: 4,075
Sales Price: 82,018
MF: .00228
Money Down: $5,000 (taxes, fees and some of the negative equity)
Monthly Payments: $1,173
7 MSDs reduce the MF to .00193
New Monthly Payment: 1,097

visi107 · 02-18-2019, 08:12 PM

Quote:

Originally Posted by cjackson1906

Something about this “deal” seems a little off to me, but maybe I’m wrong. Any help or advice would be greatly appreciated. Here’s the info:

2019 M4 CP w/Executive Pkg, DCT & a few other options
Location: Texas
MSRP: 82,585
Discount: 2,300
Selling Price: 80,285
Rebate: 4,500
Sub Total: 75,785

Fees & Taxes: 2,158
Negative Equity/Trade In: 4,075
Sales Price: 82,018
MF: .00228
Money Down: $5,000 (taxes, fees and some of the negative equity)
Monthly Payments: $1,173
7 MSDs reduce the MF to .00193
New Monthly Payment: 1,097

The discount on the car is only 2300. You should be able to do a lot better than that, I would say at lest 6% off the MSRP without much effort but if you shop around a bit then probably could do even better.

They are increasing the MF on you by 0.0004, currently the base MF is 0.00188 assuming your credit is good. So try to shoot for that.

I'm not sure how lease taxes are dealt with in Texas so i can't comment on that.

cjackson1906 · 02-18-2019, 09:53 PM

Quote:

Originally Posted by visi107

The discount on the car is only 2300. You should be able to do a lot better than that, I would say at lest 6% off the MSRP without much effort but if you shop around a bit then probably could do even better.

They are increasing the MF on you by 0.0004, currently the base MF is 0.00188 assuming your credit is good. So try to shoot for that.

I'm not sure how lease taxes are dealt with in Texas so i can't comment on that.

Thanks for your insight and advice. We’ll see what happens. This will be second car since I’m keeping the Alpina and getting rid of another car.

jmg · 02-20-2019, 12:48 PM

That's more than my M3 CS payment. You should be able to get more of a discount.

gatorfast · 02-20-2019, 12:53 PM

The discount is definitely low but I think the negative equity is really what is killing you. You could get into a CS for cheaper.

paliknight · 02-20-2019, 09:31 PM

Quote:

Originally Posted by cjackson1906

Something about this “deal” seems a little off to me, but maybe I’m wrong. Any help or advice would be greatly appreciated. Here’s the info:

2019 M4 CP w/Executive Pkg, DCT & a few other options
Location: Texas
MSRP: 82,585
Discount: 2,300
Selling Price: 80,285
Rebate: 4,500
Sub Total: 75,785

Fees & Taxes: 2,158
Negative Equity/Trade In: 4,075
Sales Price: 82,018
MF: .00228
Money Down: $5,000 (taxes, fees and some of the negative equity)
Monthly Payments: $1,173
7 MSDs reduce the MF to .00193
New Monthly Payment: 1,097

OP, I've been offered a CS for 0 down and 1k a month from most dealerships in Texas. That deal is awful. PM me if you'd like.

visi107 · 02-20-2019, 09:38 PM

You guys that keep comparing payments to a CS . . . . don't forget that the CSs are getting discounted a lot more bc the 5K flagship rebate is only for the CS not the regular M3/4 so it's deceiving to compare it that way. However as I said previously yes he should be able to do better than that

soulcrft · 02-20-2019, 11:39 PM

Quote:

Originally Posted by cjackson1906

Something about this “deal” seems a little off to me, but maybe I’m wrong. Any help or advice would be greatly appreciated. Here’s the info:

2019 M4 CP w/Executive Pkg, DCT & a few other options
Location: Texas
MSRP: 82,585
Discount: 2,300
Selling Price: 80,285
Rebate: 4,500
Sub Total: 75,785

Fees & Taxes: 2,158
Negative Equity/Trade In: 4,075
Sales Price: 82,018
MF: .00228
Money Down: $5,000 (taxes, fees and some of the negative equity)
Monthly Payments: $1,173
7 MSDs reduce the MF to .00193
New Monthly Payment: 1,097

Got an M3 for $83xxx and pay less than 1k. I don't consider I got great deal but I'm in Florida. I think you can do better.

cjackson1906 · 02-21-2019, 03:56 PM

Thanks everyone for the feedback. I was able to get the MF down, negotiate a little more off the price and I didn't roll the negative equity into the deal. So the new payment is $990/mo. Again, thanks for your comments and advice!

02-18-2019, 07:02 PM	#1
cjackson1906 Private First Class 40 Rep 190 Posts Drives: 2018 Alpina B6 GC & 2019 M5C Join Date: Mar 2012 Location: Bay Area iTrader: (0) Garage List 2013 BMW M5 [0.00]	M4 Lease Help/Thoughts Something about this “deal” seems a little off to me, but maybe I’m wrong. Any help or advice would be greatly appreciated. Here’s the info: 2019 M4 CP w/Executive Pkg, DCT & a few other options Location: Texas MSRP: 82,585 Discount: 2,300 Selling Price: 80,285 Rebate: 4,500 Sub Total: 75,785 Fees & Taxes: 2,158 Negative Equity/Trade In: 4,075 Sales Price: 82,018 MF: .00228 Money Down: $5,000 (taxes, fees and some of the negative equity) Monthly Payments: $1,173 7 MSDs reduce the MF to .00193 New Monthly Payment: 1,097 __________________ 2019 M5 Comp; 2018 Alpina B6 GC; 2019 M4 CP (gone); 2018 X3 M40i (gone); 2015 M5 Comp Pkg (gone); 2016 X5M (gone); 2013 650 xDrive Coupe M-Sport (gone); 2013 F10 M5 (gone); 2011 550i (gone)
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02-20-2019, 12:48 PM	#4
jmg Lieutenant General 18697 Rep 14,115 Posts Drives: G82 M4C X-Drive Join Date: Mar 2013 Location: Orange County, CA iTrader: (1) Garage List 2022 G82 M4C X-Drive [9.85] 2018 F80 M3 CS [9.87] 2019 i3 BEV [0.00]	That's more than my M3 CS payment. You should be able to get more of a discount. __________________ 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
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02-20-2019, 12:53 PM	#5
gatorfast Major General 4995 Rep 6,862 Posts Drives: 718 Cayman Join Date: Jan 2008 Location: SoFla iTrader: (4)	The discount is definitely low but I think the negative equity is really what is killing you. You could get into a CS for cheaper.
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02-20-2019, 09:38 PM	#7
visi107 Captain 363 Rep 880 Posts Drives: 2018 M3CS Join Date: Aug 2015 Location: Detroit, MI iTrader: (1)	You guys that keep comparing payments to a CS . . . . don't forget that the CSs are getting discounted a lot more bc the 5K flagship rebate is only for the CS not the regular M3/4 so it's deceiving to compare it that way. However as I said previously yes he should be able to do better than that __________________ 2018 F80 M3CS 2016 F80 M3 - May 14th ED- The ED Adventure 2013 F30 328i xdrive - Retired
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02-21-2019, 03:56 PM	#9
cjackson1906 Private First Class 40 Rep 190 Posts Drives: 2018 Alpina B6 GC & 2019 M5C Join Date: Mar 2012 Location: Bay Area iTrader: (0) Garage List 2013 BMW M5 [0.00]	Thanks everyone for the feedback. I was able to get the MF down, negotiate a little more off the price and I didn't roll the negative equity into the deal. So the new payment is $990/mo. Again, thanks for your comments and advice! __________________ 2019 M5 Comp; 2018 Alpina B6 GC; 2019 M4 CP (gone); 2018 X3 M40i (gone); 2015 M5 Comp Pkg (gone); 2016 X5M (gone); 2013 650 xDrive Coupe M-Sport (gone); 2013 F10 M5 (gone); 2011 550i (gone)
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