BMW M3 and M4 Lease Rates (36 months)

[sabunabu]

Originally Posted by MRCUR

Mediocre at best. The $2k discount isn't very good and the MF markup is a deal breaker for many (myself included). They still make money on the car sale (even if you pay invoice!), so it's total BS that the MF markup is how they get paid.

Running the MF at 0.00135 versus 0.00155 is about $30/month difference, $360 annually, $1080 over the 36 months. What is a good lease rate then if $879 including tax is only mediocre?

[trey100]

Originally Posted by sabunabu

Running the MF at 0.00135 versus 0.00155 is about $30/month difference, $360 annually, $1080 over the 36 months. What is a good lease rate then if $879 including tax is only mediocre?

Basically you should shoot for $1,500-$2,000 over invoice and base rate. So in your case that would be proximately an additional (approximately) $1,000-$1,500 more off the sticker plus an additional $750 or so dollars for the money factor bump. That would drop your payment $60 or so a month.

But your local region could be tough to get a good deal. Right now with the MF "penalty" you are really only getting about $1,000 off sticker.

Lastly make sure if there are incentives available you get them.

[sabunabu]

Ok - thank you! Well, I'll get some of it back when I ask them to tint the windows at least... The salesman is saying our region is tough. It's the midwest - not sure how true that can be with a rear wheel drive car.

How do dealerships deal with tinted windows? Can't cost much more than $500 retail so I'm sure they can do it for less.

[BMV///M3]

Originally Posted by sabunabu

So I'm looking at a 2016 M3 with Competition Package - $71,845 MSRP. They will take $2k off the MSRP -$69,340 as the sales price.

12k Miles
0.00155 money factor (my salesman says they cannot offer 0.00135 as that is the Buy Rate and this car is hard to get so he has to make money - I call BS but don't know for sure?)
36 months
63% residual ($45,262)
$3k down (can switch to MSD later) which includes first payment so $1,640 cap reduction
$879/month including 7% Indiana Sales Tax
Due to Scarcity - Delivery is estimated late June or early July

Please let me know what you think?

No way I would ever consider that. Base MF or nothing for me. You have to be willing to stand firm. I'd email blast some dealers. I sent this to 5 dealers and got responses:


My name is XXXX and I'm in the market for a 2016 M3 (F80).

Below is the build I'm interested in Leasing

Build:

- Alpine White/ Sahkir Orange
- CF Trim
- DCT
- LED's
- Black 19's
- Adaptive Suspension

Financials:

12K Miles (63% Residual Currently)
Base MF (.00135)
First Months and Fee's upon signing
$80 Doc Fee

**I'm looking for an allocation and production number.

I'd like to be in the area of $1500 above invoice. I am very familiar with the M3 and am currently shopping around. If you can be of any assistance I would greatly appreciate it.

***Please contact me by email at your earliest convenience.


Be patience and diligent. I'm getting ready to sign on mine (maybe early next week).

[sabunabu]

Originally Posted by BV335

No way I would ever consider that. Base MF or nothing for me. You gave to be willing to stand firm. I'd email blast some dealers. I send this to 5 dealers and got responses:


My name is XXXX and I'm in the market for a 2016 M3 (F80).

Below is the build I'm interested in Leasing

Build:

- Alpine White/ Sahkir Orange
- CF Trim
- DCT
- LED's
- Black 19's
- Adaptive Suspension

Financials:

12K Miles (63% Residual Currently)
Base MF (.00135)
First Months and Fee's upon signing
$80 Doc Fee

**I'm looking for an allocation and production number.

I'd like to be in the area of $1500 above invoice. I am very familiar with the M3 and am currently shopping around. If you can be of any assistance I would greatly appreciate it.

***Please contact me by email at your earliest convenience.


Be patience and diligent. I'm getting ready to sign on mine (maybe early next week).

How do you find out what the invoice is on a car? Based on my build, what is a good lease rate? $850/month?

[MRCUR]

Originally Posted by sabunabu

How do you find out what the invoice is on a car? Based on my build, what is a good lease rate? $850/month?

The wholesale (invoice) price sheet has been posted a few times around the forums. Or you can use a site like True Car to build the car and see the invoice price (last I checked their configurator was a bit off, but it'll get you close). I think cars.com has the same type of setup.

You shouldn't judge what is a "good" deal by the monthly price. Look at the individual pieces of the deal, like the discount off MSRP, money factor, dealer fees, etc. There is a great Leasing 101 thread stickied that you can read through to understand what all the pieces are if you're not familiar.

[Silversurfer501]

Any good dealers in southern CA for good m3 lease deals? Please pm me. Thanks

[Prakash]

I am looking for leasing M4 Conv(Pref between may - july) can any one suggest is it a good time, if yes a good dealer in Atlanta area.

Below are specs i am looking for and costing $90,895 in BMWUSA

I checked the same specs in true car : $85,420. I am new to lease. Just looking out what price that i can get with the dealer and where i will land when coming to the monthly payments.

I request all M Gurus to help me with the price and also if you know any good dealer/Sales man in Atlanta.

Color : Austin Yellow metallic
Competition Package $5,000
Driver Assistance Plus $1,700
Executive Package $2,800
Lighting Package $1,900
M Double-clutch Transmission with Drivelogic $2,900

when coming to putting cash down i am thinking of putting $1000+ first payment.

[MRCUR]

Originally Posted by Prakash

I am looking for leasing M4 Conv(Pref between may - july) can any one suggest is it a good time, if yes a good dealer in Atlanta area.

Take a look at this thread to get a good overview of leasing - http://f80.bimmerpost.com/forums/sho....php?t=1084623

To get the exact invoice price, you can use True Car or cars.com. Or you can find the invoice price sheet that's been posted a few times in the forum.

[elvism]

Looking to purchase an M3. Dealer tells me there are no more allocations for 2016 models and I would have to wait until June to order a 2017.. I asked the salesman for a scenario if he had a 2016 M3 and what my monthly payment would be with a trade in.

2016 M3
Msrp $ 72,995
Dealer price $71,995
Trade in a 2015 435 Gran Coupe with 28,500 miles. Dealer offers me $33,000 . Sticker of my 435 Gran Coupe was $59,500 but final price was $54,000. I would lose $21,000 in a 1 1/2 year with 28,500 miles. Payoff is $25,000 . Trade in $33,000

Lease for 36/60,000 miles

Trade in and 0 down for 36/60000 is $ 895.
Trade in and $3000 down for 36/60000 is $ 802.

Residual is $41,525

Good deal?
I'm not thrilled on trade in value and discount of new car if it was available.I would try to sell my car on my own for a better number. My monthly payments would be $ 400 more a month from what I'm currently paying. That's about $5,000 more in payments a year. Will my current car with me driving 20,000 miles a year go down est $5,000 a year? I'm just wondering if it pays off making this deal in the long run..

[firedown31]

Originally Posted by elvism

Looking to purchase an M3. Dealer tells me there are no more allocations for 2016 models and I would have to wait until June to order a 2017.. I asked the salesman for a scenario if he had a 2016 M3 and what my monthly payment would be with a trade in.

2016 M3
Msrp $ 72,995
Dealer price $71,995
Trade in a 2015 435 Gran Coupe with 28,500 miles. Dealer offers me $33,000 . Sticker of my 435 Gran Coupe was $59,500 but final price was $54,000. I would lose $21,000 in a 1 1/2 year with 28,500 miles. Payoff is $25,000 . Trade in $33,000

Lease for 36/60,000 miles

Trade in and 0 down for 36/60000 is $ 895.
Trade in and $3000 down for 36/60000 is $ 802.

Residual is $41,525

Good deal?
I'm not thrilled on trade in value and discount of new car if it was available.I would try to sell my car on my own for a better number. My monthly payments would be $ 400 more a month from what I'm currently paying. That's about $5,000 more in payments a year. Will my current car with me driving 20,000 miles a year go down est $5,000 a year? I'm just wondering if it pays off making this deal in the long run..

Well never mind that they don't have an allocation, but $1000 off is a joke, and is about $4000 over invoice still. That's terrible. That dealer may be out of allocations for the rest of this MY, but every dealer isn't. Just need to expand your search.

[BMV///M3]

Originally Posted by elvism

Looking to purchase an M3. Dealer tells me there are no more allocations for 2016 models and I would have to wait until June to order a 2017.. I asked the salesman for a scenario if he had a 2016 M3 and what my monthly payment would be with a trade in.

2016 M3
Msrp $ 72,995
Dealer price $71,995
Trade in a 2015 435 Gran Coupe with 28,500 miles. Dealer offers me $33,000 . Sticker of my 435 Gran Coupe was $59,500 but final price was $54,000. I would lose $21,000 in a 1 1/2 year with 28,500 miles. Payoff is $25,000 . Trade in $33,000

Lease for 36/60,000 miles

Trade in and 0 down for 36/60000 is $ 895.
Trade in and $3000 down for 36/60000 is $ 802.

Residual is $41,525

Good deal?
I'm not thrilled on trade in value and discount of new car if it was available.I would try to sell my car on my own for a better number. My monthly payments would be $ 400 more a month from what I'm currently paying. That's about $5,000 more in payments a year. Will my current car with me driving 20,000 miles a year go down est $5,000 a year? I'm just wondering if it pays off making this deal in the long run..

1. There are definitely allocations available. I was told by my CA last week before I ordered there were 24 dealers he could work a trade with to get an M3 allocation and he found one in about 24 hours give or take. I'm scheduled for production week 20.

2. $1000 is mediocre at best.

3. I wouldn't take the bath on your 435, sell that private party.

4. Typically putting money down on a lease is frowned upon. If you have good credit I would avoid it at all costs.

[Dinax0]

Looking to put in an order for an m3 next week.
Heres what im looking at for lease.
36 Months
10K Miles a year.
850 a month.
3700 out the door.

Heres the build.

BASE MSRP
$63,500
Sakhir Orange Metallic
$550
Cloth/Leather combination Carbonstructure Anthracite/Black
$0
Carbon Fiber Interior Trim with Black Chrome highlight
$0
Competition Package
$5,500
Executive Package
$3,500
M Double-clutch Transmission with Drivelogic
$2,900
Enhanced USB and Bluetooth plus Smartphone Integration
$350
Destination & Handling:
$995
Total MSRP as Built $77,295

I tried shopping around to see if i can get the monthly payment lower but most dealers i went to told me im crazy because they cant come close to that price.

Thoughts?

[Bvt13]

I am having trouble finding it in this thread. Can anyone post the 60 month RV for an M4 with Select Financing?

Thanks in advance!

[TheMhburch]

I'm curious if the kind people of this forum would be willing to PM me your sales persons email address(es) so that I may start inquiring. I live in the Bay Area and willing to travel or go outside of my state to get a good deal.

I'm not aware of all the forum rules, as I am very new to here... so my apologies if this isnt acceptable behavior or if Im out of line with this request!

[frankiebones]

Originally Posted by elvism

Looking to purchase an M3. Dealer tells me there are no more allocations for 2016 models and I would have to wait until June to order a 2017.. I asked the salesman for a scenario if he had a 2016 M3 and what my monthly payment would be with a trade in.

2016 M3
Msrp $ 72,995
Dealer price $71,995
Trade in a 2015 435 Gran Coupe with 28,500 miles. Dealer offers me $33,000 . Sticker of my 435 Gran Coupe was $59,500 but final price was $54,000. I would lose $21,000 in a 1 1/2 year with 28,500 miles. Payoff is $25,000 . Trade in $33,000

Lease for 36/60,000 miles

Trade in and 0 down for 36/60000 is $ 895.
Trade in and $3000 down for 36/60000 is $ 802.

Residual is $41,525

Good deal?
I'm not thrilled on trade in value and discount of new car if it was available.I would try to sell my car on my own for a better number. My monthly payments would be $ 400 more a month from what I'm currently paying. That's about $5,000 more in payments a year. Will my current car with me driving 20,000 miles a year go down est $5,000 a year? I'm just wondering if it pays off making this deal in the long run..

Same thing happened to me and i spent a month without a production number getting jerked around. i then called every dealership within a 200 mile radius of NYC, found one that had 3 allocations, did a deal over the phone, had a production number by the end of business that day.

[MRCUR]

Originally Posted by Dinax0

Looking to put in an order for an m3 next week.
Heres what im looking at for lease.

I tried shopping around to see if i can get the monthly payment lower but most dealers i went to told me im crazy because they cant come close to that price.

Thoughts?

What's the selling price of the car? What's the money factor? What's the breakdown on the OTD cost?

[Dinax0]

Originally Posted by MRCUR

What's the selling price of the car? What's the money factor? What's the breakdown on the OTD cost?

I do not have the breakdown unfortunately. I will try to get it from the dealership and post it.

[Tinkerino]

Hey guys, let me know how you think about this deal:
2016 ZCP M4:
MSRP: 80745
Sale Price: 77500
Incentive: 1000
MF with 7 MSD is 0.00091
Residual is 62% with 12k miles/year
Monthly payment: 900 with 6% tax included.
Drive off: 925 lease fee + first month payment + 200 dealer doc fees.

Thanks!

[1M4]

Originally Posted by Tinkerino

Hey guys, let me know how you think about this deal:
2016 ZCP M4:
MSRP: 80745
Sale Price: 77500
Incentive: 1000
MF with 7 MSD is 0.00091
Residual is 62% with 12k miles/year
Monthly payment: 900 with 6% tax included.
Drive off: 925 lease fee + first month payment + 200 dealer doc fees.

Thanks!

Maybe a lease credit.

[Tinkerino]

Originally Posted by 1M4

Maybe a lease credit.

Before I pick up the car, I can always switch to the new lease program right?

[infamousdiz]

Originally Posted by sabunabu

Running the MF at 0.00135 versus 0.00155 is about $30/month difference, $360 annually, $1080 over the 36 months. What is a good lease rate then if $879 including tax is only mediocre?

I pay 765(with tax) with a 79500msrp. Max MSDs and no money down 12k miles 65%