Can we lease if we are among early adopters?

[midwest 340xi 6sp]

Originally Posted by Uneedthis2

Here's to hoping my lease is under 800 a month

throw a lot of cap cost at it and it probably will be Wouldn't advise doing that though

[Smoltz]

I tried to lease an E92 M3 right when they came out and because of standard MF, no discount and marginal residual, it was actually about the same price as leasing an M5 at the time. I recall the 36 or 48 month lease being around $1100, which didn't work for me, so I ended up holding off.

Only time will tell, but based on historical experience, the lease rates will be quite poor right out of the gate, give it 6 months or so and things will start to improve.

[Powaup]

Originally Posted by basscadet

There is absolutely no way that residuals will be factored at 50% for a BMW M3.

Check this out:

http://www.ridewithg.com/bmw-lease-rates/

I do understand how leases work, I have leased 3 cars before.

Hey i see 2015 M4 60% residual on there! is that real?!?!!?!

12/8/2013 18:18:22 2015 m4 36 15k 60 0.004

[varsity]

Originally Posted by Powaup

Hey i see 2015 M4 60% residual on there! is that real?!?!!?!

12/8/2013 18:18:22 2015 m4 36 15k 60 0.004

My understanding is those numbers are crowdsourced. Based on the .004 MF - 9.6% - I'd say there's no way that RV is accurate. I used to look at that site often, but since the guy's leasing info source got the kibosh, it's hard to put faith in the figures.

[RisingSun]

I'm paying $925 for my 2013 X5 msport.... I'm willing to go up to $1100-1200 for the F80 M3.

[Maddict3]

Originally Posted by I am Earl

This. When I leased my car in 2010, there were people who were returning their cars to the dealership with payments ranging between 950-1100 with full MSDs paid.

The latest E60 M5 lease rates before the old M5 phased out was around 1100/month. When the new one came out, the first year everyone paid 1400-1500/month. Now that has gone down to 1300-1400/month.

If I'm in a fully loaded competition package 80k MSRP M3 with a 850/month payment, and I guarantee you there are a lot of people like me, there is no way the new car can cost 50-100/month more. It's simply impossible. At least not for 1-2 years. When the LCI comes out it may go down to 950/month levels for fully loaded and 800 for base, but that'll take a while.

When a new car is rolled out, they know the car will be in production for 5 or so years. They also know these first timers will depreciate so much more than the newer ones that will come out in 2 years. This has been done before many times. If you are honestly hoping 800-900/month lease rate for an M3, you are in for a surprise.

very well said.

What are your predictions rates will be for a fully loaded M4, no CCB?

[ridin135]

I don't see the M3 being under 1,000 a month when it first gets rolled out. Unless you are going base model with nothing on it and I even think that is stretching it.

[m20e3087]

I don't see it being less than 1K at lest for 1st year. However if u do ED with base car, than it may be possible.

[basscadet]

Why would residuals be worse for the first couple of years vs. later years of an aging car?

[Boostnectar]

Originally Posted by basscadet

Why would residuals be worse for the first couple of years vs. later years of an aging car?

BMW can do what they want with the residuals so if sales are slowing down they'll just bump the residuals and lower the MF to make more attractive lease deals. This happens on alot of luxury cars.

[aus]

Originally Posted by Boostnectar

I don't think you're getting a new M4/M3 for under $1,000 out the gate maybe after the first 9 months to a year perhaps. When the E9x came out they were leasing over $1000-1100 easy. But then the economy was also dead so they started blowing them out. I picked up my M3 for $790 tax included which at the time was a steal for the M3. But now the economy is doing better I don't see that happening again.

What was your drive off to get to $790/mo? That's a CRAZY deal if you had a low drive off.
Most leases in Cali for the E9x M3 were around $1,500 drive off and $925/mo including tax/license depending on the options on the car for 10,000 miles/yr.

.

[Boostnectar]

Originally Posted by aus

What was your drive off to get to $790/mo? That's a CRAZY deal if you had a low drive off.
Most leases in Cali for the E9x M3 were around $1,500 drive off and $925/mo including tax/license depending on the options on the car for 10,000 miles/yr.

.

$0 just sign and drive. And that was a fully loaded M3 minus DCT and 19" and Moonroof

[e90x2011]

Originally Posted by RisingSun

I'm paying $925 for my 2013 X5 msport.... I'm willing to go up to $1100-1200 for the F80 M3.

I'm paying 710 tax included on my X5 50i M Sport Lease. :O it's pretty much fully loaded at 79k msrp. I think I got a deal?

[aus]

Originally Posted by Boostnectar

$0 just sign and drive. And that was a fully loaded M3 minus DCT and 19" and Moonroof

That's a DEAL!! Mind mentioning which dealer and sales person?

.

[basscadet]

Originally Posted by I am Earl

Not that i cannot afford, but i have a limit in my mind for a brand name and i wont cross it. If the residuals dont improve for this car to current m3 levels, i wont lease this car. I may buy it used and flip it.

Agree 100%

>$1k is Porsche money.

I can pick up a sweet low mileage 997.1 Turbo and drive it for a year for much cheaper than $1000 a month. And I am looking into doing exactly that until lease rates fall back to reality.

[dreamsongs]

Just for reference, my last M3 which I got in 2010 brand new was a $825 payment tax included, the car was fully loaded with every option and I put "zero" down. When I say zero, I mean zero.

There are 2 options for a more affordable payment which is the "BMW" select program. It's actually more affordable than the lease. The catch is the balloon payment at the end but I never keep a car past 3 years anyway.

That's what I did with the last 2 cars, my M3 coupe and the current 335i vert. As long as the cars keep their value and are desirable in a strong economy it's a good deal. Just don't keep the car past the 4 years...

[Dave2011M3]

Originally Posted by Uneedthis2

Here's to hoping my lease is under 800 a month

Not without a ton of money down and a stripper car. BMWFS offers terrible leases on first year M cars. It isn't until year 3 or so that the leases start to get better. My lease payment on my 2013 is $200 less than my similarly equipped 2011 M3 I sold. Same money out of pocket.

Dave

[Sam335ix]

Originally Posted by dreamsongs

Just for reference, my last M3 which I got in 2010 brand new was a $825 payment tax included, the car was fully loaded with every option and I put "zero" down. When I say zero, I mean zero.

There are 2 options for a more affordable payment which is the "BMW" select program. It's actually more affordable than the lease. The catch is the balloon payment at the end but I never keep a car past 3 years anyway.

That's what I did with the last 2 cars, my M3 coupe and the current 335i vert. As long as the cars keep their value and are desirable in a strong economy it's a good deal. Just don't keep the car past the 4 years...

The BMW select program no longer is available or at least for the DC region.

[momo3605]

Originally Posted by basscadet

Go to Swapalease.com and look at the M3s there. These are $70k+ optioned M3s with lease payments in the 750-850 range.

Here's a $76k M3 with a lease payment of $830.

http://www.swapalease.com/lease/deta...x?salid=767253

MF and residuals will have to be TERRIBLE for payments to be over $1000.

Exactly, first year the residual will be TERRIBLE

[435iaffair]

Originally Posted by Powaup

Hey i see 2015 M4 60% residual on there! is that real?!?!!?!

12/8/2013 18:18:22 2015 m4 36 15k 60 0.004

I have leased over 10 cars and always used ridewithg.com for reference but the residual and money factor have been off 8 out of 10 times. YMMV.