03-03-2014, 08:04 AM | #112 | |
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03-03-2014, 08:27 AM | #113 |
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03-03-2014, 09:57 AM | #114 |
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I would ask why would anyone pay $1100+/month for an M4 when you can get a $100K Carrera S for similar lease payment but I know the honest answer is to each his own. I love BMWs, always have and always will, but way they've climbed in price AND WEIGHT so much. Personally, my money, I'd be in a Carrera S all day. There are lease deals out there for $97000+ Carrera's, $4K down and $949/month +tax. Comparing MSRP's alone with the 911 and M3/M4, the Porsche is a bargain by a huge margin. My .02, if you've never driven a Porsche, go test drive one ASAP.
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03-03-2014, 10:00 AM | #115 | |
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03-03-2014, 10:10 AM | #116 | |
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Carrera S more than likely around $1100+ |
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03-03-2014, 10:11 AM | #117 | |
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Built M3 $1206/mo 12kmi $3k min Down
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$77K Alpine White (avoid metallic +$550) Driver Assistance Plus +$1900 Exec Pkg +$4300 Full leather +$2650 Lighting Pkg +$1,900 DCT +$2,900 Adaptive M Suspension +$1,000 Power Rear Sunshade +$575 +$350 (side rear) HK Sound +$875 Enhanced USB BT +$500 Notes: *Cameras, Comfort Access, Lighting, M Suspension I think should be std on a 2015 M car! Even a car half the price! *No Ceramic Brakes - My thought process: Tracked the 335i once since 2010, stock brakes had no fade (will need high temp fluid), and finally should I be tracking a $77k car that hard trying to shave tenths/seconds = no. Saves $8k, and avoid street noise. They "look" cool, but so does $8k in cash *Options add up quickly. We figured out that for every $1k in options the payment increases $20/month. *Will not be discounting *Euro Delivery takes allocation from local dealer = doesnt make business sense for the dealer in these initial rounds.
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E93 - Style 95 - RB Turbo - AR DP - Evolution RW FMIC - PTF E50 +242rwhp/+234rwtq Last edited by Murph335; 03-03-2014 at 11:05 AM.. |
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03-03-2014, 12:17 PM | #118 |
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F10 M5 for reference
Just for reference, have a look at some of the lease deals the F10 is seeing now. 61% residuals plus some cash incentives.
http://f10.m5post.com/forums/showthread.php?t=952567 "Monte Carlo Blue/SilverstoneII MSRP of $103825 (exec, lights, 20") $13259 out of pocket including NJ tax, bank fee, Motor Vehicle, all other nonsense fees, and 7 multiple security deposits totaling $7700. So actual out of pocket is $5559 and includes first payment; there is $0 cap cost reduction in the OOP figure. 36 months, 12K miles per year @ $1056.00 per month. The monthly payment dropped to $999 and the OOP dropped almost $1000 with the March incentives/residuals."
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03-03-2014, 12:22 PM | #119 |
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Whatever left on the price of the car is due at lease end, in my case $38094 . Don't have to pay for going over mileage or lease turn in fees. And I'm pretty sure i'll be able to get at least $45k for a 3 year old M4.
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03-03-2014, 12:23 PM | #120 | |
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WOW! thats a great deal on car with $100K MSRP now I really feel the premium we're paying on the F8x
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03-03-2014, 01:29 PM | #121 | |
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Garage List 2014 PORSCHE CAYMAN [10.00]
2013 BMW X1 [9.00] 2014 BMW X5 xDrive35i [9.00] 2013 PORSCHE 991 [10.00] 2007 BMW 335i [9.08] |
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When I was looking at the C2S I constantly got between $1450 - $1550 a month. I was looking for $1350-ish range, but couldn't get to that price point. for $949 @ $0 cap cost reduction, you are probably looking at a close to vanilla 991 C2 with maybe one or two options -- if you want a C2S I would look at used 2012s. If you catch the right one it's ~$85k this is the best bargain imo; I just couldn't find one in time when I needed to pull the trigger -- and also don't forget if you want to lease a Porsche you have to qualify for PFS, which means more than just a good credit score; you need good, established financial credit history. So a mortgage of 1-2 years or some other kind of documented debt repayment is good. I heard student loans actually help too. if you don't qualify, then financing is your only option (or paying cash). |
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03-03-2014, 01:37 PM | #122 | |
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03-03-2014, 03:21 PM | #123 |
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yeahh... I already took my deposit back and since i need a car NOW i started the lease assumption on a 2013 M3 with 21 months left one the lease.
hopefully by Dec 2015 i can get a M4 ED at invoice pricing. |
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03-03-2014, 03:31 PM | #124 |
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The guys lease you assumed is probably buying an F8x. Lol
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03-03-2014, 05:20 PM | #125 | |
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Think about it - a 1 point change in residual (in the bad direction) represents an additional percentage of MSRP that you are required to pay, plus interest, during the term of your lease. So, if you are buying a $70,000 car, the difference between a 60% residual and a 59% residual is $700, which adds $20/month to a lease payment without considering money factor. And in my opinion, a 57% residual on a 12K lease isn't that good. I had 61% on my F10 lease a few months ago, similarly priced car. Generally we only see residuals that low on cars with limited resale appeal, of which the M3 is not one. I believe that BMW is gouging a little on these lease rates; I would wait a while. Meanwhile, a 24 month residual for a 911 in the high 70s is astounding. But I'm not sure I've ever seen a 911 lease offer in the 900s in the wild.
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03-03-2014, 05:32 PM | #126 |
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Check out this monster for my C2S. I learned about something call Maximum Residualized MSRP on my C2S. Needless to say, I bought the car.
MSRP: $134,575 Maximum Residualized MSRP: $119,800 Residual Percentage: 73% Residual Value: $87,454 Percent off MSRP: 6.00% Negotiated Price: $126,500.50 Down Payment: $0 Net Cap Cost (Neg. Price – Down Payment): $126,500.50 Depreciation: $39,046.50 Lease Term: 24 Months Monthly Depreciation Payment: $1,626.94 Finance Cost = Net Cap Cost + Residual: $213,954.50 Interest Rate (APR): 4.80% Money Factor: 0.0020 Monthly Finance Fee: $427.91 Monthly Payment: $2,054.85 Sales Tax: 6%: $123.30 Total Monthly Payment: $2,178.15 Title, Registration, and Other Fees: $1,055.20 Incentives/Rebates: $0 (Assuming there are none.) Drive-off (1st month’s payment + Fees): $3,233.35 |
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03-03-2014, 05:36 PM | #127 | |
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03-03-2014, 06:13 PM | #129 |
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Right, the terms aren't terrible. It is the MRM. You are basically paying cash plus interest for every dollar above the $119,000 that drives the monthly payment up so much. I was buying from day one, but decided at the last second it would be less stress in my life to not actually own a $135,000 car. That was until I ran the numbers.
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03-03-2014, 09:48 PM | #130 |
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I'd have to own the wide body turbo Porsche or no Porsche. Even if the non turbo cars were $400/mo lease. So I roll with turbo bmw's for now and enjoying boost!
This is an awesome thread!
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03-03-2014, 09:49 PM | #131 |
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03-04-2014, 09:36 AM | #132 | |
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