BMW M3 and M4 Lease Rates (36 months)

MonkeyBiz · 03-13-2015, 03:42 PM

Quote:

Originally Posted by Jojipoji

Thank you! You did all the negotiating for me. I went to a BMW dealership here in Hartford CT, showed them your numbers and told them I would give them a deposit if they matched your numbers. Car should be here next week!

Good deal, I will let you know what my favorite red wine is so you can send me a bottle! I am in Hartford as well...

dkmcali2002 · 03-15-2015, 02:48 AM

Went to pacific bmw today. Told them I want to order a new m3. They quoted me on 10k miles 36months MF .0008 with 6300 security deposit plus 2k drive off for tax title fees on full MSRP 75600 car which was about 889 including tax. I asked for sales price to be 1500 over invoice they would not budge off MSRP. I told them that I knew I could do better and left...

Went to center Bmw. Told them same thing. They kept trying to steer me away from ordering a new car but rather "finding" me what I wanted. Insert crap about m3 is rare hard to find what u want....may take 6 months to year to get BS. I pressed why it would take that long to "order" a new car and why it would matter what color leather they were using to make the car. The response as u can imagine is pure nonsense..

Eventually they agree to order what I want. They too would not budge on sales price MSRP same old BMW does not let us discount the M 3 nonsense. They asked for 3 k down. I told them don't want to put anything down but rather pay down MF. With the pay down they quoted me .0012 when it should be .0008. They wanted 7k security deposit too. I told them that their MF is not right, their security deposit is too much and that I could get the car for under MSRP

Then exchanged some emails with long beach...no problem. They agreed to MF .0008 w security deposit, 66%residual on 36 month 10k deal. Also they agreed to sales price of 1500 over invoice. I'm gonna go there and take this deal tomorrow. Definitely shop around and stand your ground.

MRCUR · 03-15-2015, 11:57 AM

Quote:

Originally Posted by dkmcali2002

may take 6 months to year to get BS.

Not to disagree with you, but M3's are not moving quickly out of the factory. Many people, if not most, have experienced delays, sometimes very, very lengthy delays, in receiving M3's they have ordered.

An M3 that I placed an order for back in October has still not entered production.

The spirit of your post is quite good and a reminder that you can find M3's not much above invoice if you shop around - but don't be disappointed if it does take quite a while for your ordered car to be delivered depending on the options you choose.

adc · 03-15-2015, 12:23 PM

Quote:

Originally Posted by MRCUR

Not to disagree with you, but M3's are not moving quickly out of the factory. Many people, if not most, have experienced delays, sometimes very, very lengthy delays, in receiving M3's they have ordered.

An M3 that I placed an order for back in October has still not entered production.

The spirit of your post is quite good and a reminder that you can find M3's not much above invoice if you shop around - but don't be disappointed if it does take quite a while for your ordered car to be delivered depending on the options you choose.

I think this should be all the more reason for folks to consider euro delivery. If you can find a dealer with an allocation, you should consider it. BMW pays for the trip effectively and they will grant you the production slot/date you so desire.

I ordered mine a few weeks ago for June pick up, got the date I wanted and plan to have the time of my life driving it throughout Europe.

XRAVE · 03-15-2015, 12:41 PM

Quote:

Originally Posted by MRCUR

Not to disagree with you, but M3's are not moving quickly out of the factory. Many people, if not most, have experienced delays, sometimes very, very lengthy delays, in receiving M3's they have ordered.

An M3 that I placed an order for back in October has still not entered production.

The spirit of your post is quite good and a reminder that you can find M3's not much above invoice if you shop around - but don't be disappointed if it does take quite a while for your ordered car to be delivered depending on the options you choose.

M3's are actually moving on time if not ahead of schedule. I ordered 2/15 and went into production 2/20. You just need to make sure your dealer gives you an allocation that has a build week within 1-2 weeks. The great thing about the internet is that I was able to email 25 dealers and see who had the best deal and earliest allocation.

M4LF · 03-15-2015, 02:01 PM

Quote:

Originally Posted by dkmcali2002

Then exchanged some emails with long beach...no problem. They agreed to MF .0008 w security deposit, 66%residual on 36 month 10k deal. Also they agreed to sales price of 1500 over invoice. I'm gonna go there and take this deal tomorrow. Definitely shop around and stand your ground.

Nice job on the negotiation. I've had a few friends who had nice deals from LB. They seem the most honest around here. Good luck with everything.

Wow 66% on RV is awesome. I'm looking for a 36/15k so I'm assuming it's 63%? I'm thinking about doing an ED too so if anyone has any suggestions let me know. With MSD your monthly will be in the 800s.

dkmcali2002 · 03-15-2015, 11:48 PM

thanks for everyones comments... this is first time i actually ordered a new and this whole blog/thread has been eye opening on how an informed consumer can quickly manipulate things to an even playing field. ill be sure to pay attention to the build week/allocation.

waldoaz · 03-16-2015, 01:48 AM

Guys please keep in mind that some states like AZ charge stupid sales and use monthly taxes on leases. It added like $71 to my payment. WTF. Very happy though as this is a business car so it will be written off.

MRCUR · 03-16-2015, 04:33 PM

Quote:

Originally Posted by waldoaz

Guys please keep in mind that some states like AZ charge stupid sales and use monthly taxes on leases. It added like $71 to my payment. WTF. Very happy though as this is a business car so it will be written off.

PA is 9%, sometimes higher depending on your location.

jasnh · 03-18-2015, 05:47 PM

Quote:

Originally Posted by MonkeyBiz

I just switched yesterday from Feb's #s to March's #s and I will save $2,883 over the lease period (including the 3 less payments).

My Old Feb #s
39 months
10k miles
MF 0.00130
Residual 63%

My New March #s
36 months
10k miles
MF 0.00129
Residual 66%

So, you were able to re-sign 1 month after originally placing the order for your car and signing then? When is your car due for delivery? I've seen conflicting posts....some say you can re-sign month to month if the deals improve, others state that you can only re-sign the month your car is due for delivery.
I ask only because I have some concerns of being able to take delivery within 60 days of my original deal. (based on delays at the Port, etc)
March #s are great, of which I signed for, but I will need to take delivery in May to get those...but what happens if the car is delayed into June?
BUT if Aprils #s are just as good if not better, I'd like to resign and take advantage of those, and then I'd feel better about any delays that may happen, and possibly pushing my delivery to June.

Hope this drivel makes sense

MonkeyBiz · 03-18-2015, 11:06 PM

My production week is scheduled for week 17 (week of April 20th).
I originally signed on Feb 25th, then changed to March's number as soon as they came out.

They told me that I can change this again in April if numbers come in better than March...

Quote:

Originally Posted by jasnh

So, you were able to re-sign 1 month after originally placing the order for your car and signing then? When is your car due for delivery? I've seen conflicting posts....some say you can re-sign month to month if the deals improve, others state that you can only re-sign the month your car is due for delivery.
I ask only because I have some concerns of being able to take delivery within 60 days of my original deal. (based on delays at the Port, etc)
March #s are great, of which I signed for, but I will need to take delivery in May to get those...but what happens if the car is delayed into June?
BUT if Aprils #s are just as good if not better, I'd like to resign and take advantage of those, and then I'd feel better about any delays that may happen, and possibly pushing my delivery to June.

Hope this drivel makes sense

jasnh · 03-19-2015, 06:58 AM

Quote:

Originally Posted by MonkeyBiz

My production week is scheduled for week 17 (week of April 20th).
I originally signed on Feb 25th, then changed to March's number as soon as they came out.

They told me that I can change this again in April if numbers come in better than March...

That's great, thanks for the reply...I ordered/signed on March 11, my car is also scheduled for week 17 (April 20th)

Jojipoji · 03-19-2015, 10:22 AM

Quote:

Originally Posted by MonkeyBiz

Good deal, I will let you know what my favorite red wine is so you can send me a bottle! I am in Hartford as well...

I def owe you wine. BMW in hartford couldnt locate the car I wanted and actually got an even better deal at greenwich. I paid just fees + 1st month (came out to $1500 and with 12k a year I am at 746 per month. woohoo!!!

msrp 69xxx and purchase price 64xxx.

jbyoshi · 03-19-2015, 12:25 PM

Hi All-

If anyone has recommendations for SoCal CAs that they have had great experiences with, please let me know.

I worked with Philippe Kahn for quite a while before he left, and then his replacement Chris at SouthBay after that. Unfortunately Chris left as well and I'm looking for another super high caliber CA to work with. Looking to get a build allocation for an m3 in the near term... I've reached out to a few people but if anyone has suggestions, I'd love to get them. Thanks!

kdm3 · 03-19-2015, 01:01 PM

Quote:

Originally Posted by MRCUR

Not to disagree with you, but M3's are not moving quickly out of the factory. Many people, if not most, have experienced delays, sometimes very, very lengthy delays, in receiving M3's they have ordered.

An M3 that I placed an order for back in October has still not entered production.

The spirit of your post is quite good and a reminder that you can find M3's not much above invoice if you shop around - but don't be disappointed if it does take quite a while for your ordered car to be delivered depending on the options you choose.

Agree with XRAVE. I placed emphasis when searching to find a dealer with an allocation ready to go. Placed my order 1/26 car was finished being built 2/5 and at dealer by 2/28 in NY.

Why have you been waiting 6+ Months? thats crazy doesn't make sense.

MRCUR · 03-19-2015, 02:53 PM

Quote:

Originally Posted by kdm3

Quote:

Originally Posted by MRCUR

Not to disagree with you, but M3's are not moving quickly out of the factory. Many people, if not most, have experienced delays, sometimes very, very lengthy delays, in receiving M3's they have ordered.

An M3 that I placed an order for back in October has still not entered production.

The spirit of your post is quite good and a reminder that you can find M3's not much above invoice if you shop around - but don't be disappointed if it does take quite a while for your ordered car to be delivered depending on the options you choose.

Agree with XRAVE. I placed emphasis when searching to find a dealer with an allocation ready to go. Placed my order 1/26 car was finished being built 2/5 and at dealer by 2/28 in NY.

Why have you been waiting 6+ Months? thats crazy doesn't make sense.

My dealer had an allocation for about a month after I ordered. That got pushed to December, then January, then March and now who knows when.

I ordered a CF roof, full leather and black 19" wheels. All three of those items had delays.

kdm3 · 03-19-2015, 06:42 PM

Quote:

Originally Posted by MRCUR

My dealer had an allocation for about a month after I ordered. That got pushed to December, then January, then March and now who knows when.

I ordered a CF roof, full leather and black 19" wheels. All three of those items had delays.

I'm sorry for your massive delay, but for the sake of not spreading misinformation -- lets not prep forum readers that they should be ready to wait 6 months+ this is just not accurate. Do not let any dealer tell you that about delays. My car has Full Leather and black 19" wheels -- my timeline is real willing to show you proof over PM if you like. My friend ordered from the same dealer Feb 14th, got his production number Feb 20th and his car has CF Roof and black 19"s his m3 and just entered production yesterday.

geared · 03-19-2015, 10:56 PM

Quote:

Originally Posted by XRAVE

Still need some info to see if thats a good deal.

Are you doing 10k/12k/15k miles a year?
Ask them for the Money Factor.

15k
Not sure on the MF. I could ask, it was descent. My rate and DP seems to be on the lower end of those posted in this thread....

jb

SemperFiGuy · 03-20-2015, 04:26 PM

What is the Money factor on a European Delivery. I am being told .002 by my dealer. My credit is excellent. Doesn't this seem high?

jasnh · 03-20-2015, 04:53 PM

Quote:

Originally Posted by SemperFiGuy

What is the Money factor on a European Delivery. I am being told .002 by my dealer. My credit is excellent. Doesn't this seem high?

I believe it's the base MF, which is .00129 + .0003 for ED= .00159

M00kie · 03-20-2015, 05:33 PM

Has anyone leased from a broker, like these guys?
http://www.bestbuyleasing.com/

This is my deal with them so far:
MSRP $73,925- $671.64 payment, 36 months, 10k miles.
12k miles- $691.23, 15k miles- $736.23

This is with fees and taxes up front around $4k

What you guys think?

bimmerphile_ · 03-21-2015, 10:24 AM

This was deal offered to me in Feb

Zero money down (NO CAP COST AND TAX IN MONTHLY PAYMENT)
39 month
10k miles per year
MSRP 77,575
Money due at delivery $1821 (first month, bank fee & DMV)
Monthly payment $780
Residual value 47,320

Thoughts?

03-15-2015, 02:48 AM	#1190
dkmcali2002 New Member 0 Rep 6 Posts Drives: 328 Join Date: Mar 2015 Location: Los Angeles iTrader: (0)	Went to pacific bmw today. Told them I want to order a new m3. They quoted me on 10k miles 36months MF .0008 with 6300 security deposit plus 2k drive off for tax title fees on full MSRP 75600 car which was about 889 including tax. I asked for sales price to be 1500 over invoice they would not budge off MSRP. I told them that I knew I could do better and left... Went to center Bmw. Told them same thing. They kept trying to steer me away from ordering a new car but rather "finding" me what I wanted. Insert crap about m3 is rare hard to find what u want....may take 6 months to year to get BS. I pressed why it would take that long to "order" a new car and why it would matter what color leather they were using to make the car. The response as u can imagine is pure nonsense.. Eventually they agree to order what I want. They too would not budge on sales price MSRP same old BMW does not let us discount the M 3 nonsense. They asked for 3 k down. I told them don't want to put anything down but rather pay down MF. With the pay down they quoted me .0012 when it should be .0008. They wanted 7k security deposit too. I told them that their MF is not right, their security deposit is too much and that I could get the car for under MSRP Then exchanged some emails with long beach...no problem. They agreed to MF .0008 w security deposit, 66%residual on 36 month 10k deal. Also they agreed to sales price of 1500 over invoice. I'm gonna go there and take this deal tomorrow. Definitely shop around and stand your ground.
	Appreciate 0

03-15-2015, 11:48 PM	#1195
dkmcali2002 New Member 0 Rep 6 Posts Drives: 328 Join Date: Mar 2015 Location: Los Angeles iTrader: (0)	thanks for everyones comments... this is first time i actually ordered a new and this whole blog/thread has been eye opening on how an informed consumer can quickly manipulate things to an even playing field. ill be sure to pay attention to the build week/allocation.
	Appreciate 0

03-16-2015, 01:48 AM	#1196
waldoaz Private 8 Rep 63 Posts Drives: 2012 335i Coupe Join Date: Sep 2012 Location: Arizona iTrader: (0)	Guys please keep in mind that some states like AZ charge stupid sales and use monthly taxes on leases. It added like $71 to my payment. WTF. Very happy though as this is a business car so it will be written off.
	Appreciate 0

03-19-2015, 12:25 PM	#1202
jbyoshi New Member 1 Rep 6 Posts Drives: 2012 X5d Join Date: Mar 2015 Location: SoCal iTrader: (0)	Hi All- If anyone has recommendations for SoCal CAs that they have had great experiences with, please let me know. I worked with Philippe Kahn for quite a while before he left, and then his replacement Chris at SouthBay after that. Unfortunately Chris left as well and I'm looking for another super high caliber CA to work with. Looking to get a build allocation for an m3 in the near term... I've reached out to a few people but if anyone has suggestions, I'd love to get them. Thanks!
	Appreciate 0

03-20-2015, 04:26 PM	#1207
SemperFiGuy New Member 9 Rep 29 Posts Drives: Slow ;) Join Date: Sep 2014 Location: Tampa iTrader: (0)	What is the Money factor on a European Delivery. I am being told .002 by my dealer. My credit is excellent. Doesn't this seem high? __________________ 2015 ///M3 / YMB / Extended Black / DCT / HK / Lights / Black 19" / ZEC / Cameras / ED 5/8/15 2008 Blue Water Metallic BMW 128i 2015 Murdered Out Jeep Grand Cherokee Altitude
	Appreciate 0

03-20-2015, 05:33 PM	#1209
M00kie New Member 2 Rep 13 Posts Drives: E46 M3 Join Date: May 2009 Location: Bothell, WA iTrader: (0)	Has anyone leased from a broker, like these guys? http://www.bestbuyleasing.com/ This is my deal with them so far: MSRP $73,925- $671.64 payment, 36 months, 10k miles. 12k miles- $691.23, 15k miles- $736.23 This is with fees and taxes up front around $4k What you guys think?
	Appreciate 0

03-21-2015, 10:24 AM	#1210
bimmerphile_ New Member 13 Rep 20 Posts Drives: 2015 M4 Join Date: Feb 2015 Location: NYC iTrader: (0)	This was deal offered to me in Feb Zero money down (NO CAP COST AND TAX IN MONTHLY PAYMENT) 39 month 10k miles per year MSRP 77,575 Money due at delivery $1821 (first month, bank fee & DMV) Monthly payment $780 Residual value 47,320 Thoughts?
	Appreciate 0