BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > M3 (E90 / E92 / E93) > New and Preowned M3 Pricing, Ordering, Tracking / European Delivery / Dealer Reviews
 
Post Reply
 
Thread Tools Search this Thread
      11-07-2012, 01:48 AM   #1
rstiv4200
Private First Class
4
Rep
142
Posts

 
Drives: 2007 335i coupe space grey
Join Date: Nov 2010
Location: wayne NJ

iTrader: (2)

Might Lease M3 Coupe, coming from VW

hey, i am on my friends name here.

im coming from a 2010 vw gti 2 door 6spd. i am full stage 2 and stanced. i am about 270whp. i absolutely love my car. i have always wanted an M and love my friends 335i but not enough to make the switch, its M or staying with gti. my current payment on the gti is $415/month over 60 months, i still owe roughly 10k on the car, it has 70k miles and is a basic model, no sunroof etc.

i am 25 years old and just feel like the BMW is a step up and and more appealing to me.

a friend of mine works for bmw and he gave me rough numbers and said might be some more wiggle room in there. i drive alot so i would need a higher mileage lease. i only want basic options for the car. this is what he received from his sales manager..

M3 coupe
manual
white exterior
red interior
only option is heated seats
36 month lease
15,000/year


$5000 down total $816
$6000 down total $786
$7000 down total $756
$8000 down total $726

total price is $64k and change

thats all the info i got from him as of now, will update more when i talk to him

how do these numbers look so far? any other info i should know when negotiating? i suck at negotiating but play poker for a living so can keep a straight face

thank you
Appreciate 0
      11-07-2012, 02:02 AM   #2
Dave07997S
Colonel
38
Rep
2,556
Posts

 
Drives: 2013 BMW M3 ZCP Coupe
Join Date: May 2009
Location: Playa del Rey, CA

iTrader: (1)

Only put down the minimum...you save no money by putting that kind of money down on a lease. I lease, with miminum drive off my payment was $950 per month on a car that MSRPd at $67k, granted only 10k miles per year but my drive off was only $1800. You should be able to at least get $3k off of MSRP...

Dave
__________________
2013 M3 Coupe-MR/BLK ZCP, ACM test pipes, BPM Stg2 dev. tune and Megan catback, AFE Stg2. with C/F elbow
Previous rides: 2011 M3 Coupe-MR/Blk
2007 Porsche 997C2S Speed Yellow/Blk sport seats
2004 BMW M3 Imola/Blk
Appreciate 0
      11-07-2012, 02:21 AM   #3
ILSMKU
BMW FTW
ILSMKU's Avatar
No_Country
37
Rep
1,928
Posts

 
Drives: E92 M3
Join Date: Jul 2011
Location: ///OC

iTrader: (5)

Garage List
Quote:
Originally Posted by Dave07997S
Only put down the minimum...you save no money by putting that kind of money down on a lease. I lease, with miminum drive off my payment was $950 per month on a car that MSRPd at $67k, granted only 10k miles per year but my drive off was only $1800. You should be able to at least get $3k off of MSRP...

Dave
+1
__________________
///2013 AW 6MT E92 ZCP M3/// Black 359M Wheels/BMW Performance Carbon Fiber Spoiler and Mirror Caps/Arkym AeroSport Front Lip/Turner 15MM Spacers/LUX 8 LED Halo/IND Gloss Black Grills, Gills and M3 Emblem/30% 3M Tint/BMW Interior LED/MusicCar Subwoofer Enclosure/JL Audio 12" W6 Sub and XD600:1 Amp/Euro Sunglasses Tray/Ceramic Coated Megan Racing Exhaust/AFe Dry Air Filter/RPI Intake Scoops/Euro MDM/Feature Coded.
Appreciate 0
      11-07-2012, 03:44 AM   #4
SROC5
Addicted to Track
SROC5's Avatar
United_States
29
Rep
1,647
Posts

 
Drives: E92 M3
Join Date: Apr 2009
Location: USCON

iTrader: (3)

Agree with Dave and that it's best to drive off with as little as possible. Also, go to BMWCONFIG.com to better understand how much your dealer is making on top of invoice. Then the question becomes how much are you willing to give them in sales margin
__________________

| Akrapovic Evo | ESSi | Swift Spec-R | CF Spoiler | APEX ARC-8 | RS-3 | PFC-08 | DIF |
Appreciate 0
      11-07-2012, 12:47 PM   #5
etrillion
Second Lieutenant
2
Rep
237
Posts

 
Drives: 2013 E92 M3
Join Date: Oct 2012
Location: NJ

iTrader: (1)

you can get a better price. I got $755/mo with $4500 down before negotiating.. My MSRP was $68K.

If you have $8000+ in cash willing to throw down, I would look into multiple security deposits (MSD). You get a lower monthly, and get the money back at the end of the lease term. I've seen payments in the high $500's..
Appreciate 0
      11-07-2012, 05:01 PM   #6
///Mperative
Second Lieutenant
///Mperative's Avatar
United_States
3
Rep
280
Posts

 
Drives: like grandma
Join Date: Jul 2010
Location: New England

iTrader: (0)

Garage List
2014 BMW 550xi  [0.00]
2011 E92 M3  [0.00]
Don't do a down payment. It's tempting to lower the lease payment, but it's a very bad idea.

MSD's are ok in the current climate because interest rates are so low.
__________________
Appreciate 0
      11-07-2012, 07:46 PM   #7
trendy26
First Lieutenant
11
Rep
364
Posts

 
Drives: 2013 E92 M3
Join Date: Nov 2008
Location: Florida

iTrader: (0)

Do yourself a favor and contact David Aviles at northwest BMW in Maryland. He'll give you a no haggle amazing price on an M...! Member name: eurocarsonline
Appreciate 0
      11-07-2012, 08:35 PM   #8
MRSSIIM3
General
MRSSIIM3's Avatar
United_States
36
Rep
1,342
Posts

 
Drives: 2015 SSII/SO M4
Join Date: Apr 2009
Location: SoCal

iTrader: (5)

i have 0 down on fully loaded e92 m3 and will be paying 800 / mo including tax when mine comes..
__________________
Current: 2015 M4, SSII / SO
Current: 2013 E92 M3, SSII, Black extended, ZCP, fully loaded
Mods: Black Hood Vents, Black Grilles, Black Side Grilles, Lux H8 v. 4.0, CF Mirrors, CF Spoiler, Black ///M Emblem, Evolve Tune, Dinan CF Intake, Dinan Pulley, Akrapovic GT4
Retired: 2011.5 E92 M3, SSII
Appreciate 0
      11-08-2012, 09:09 AM   #9
etrillion
Second Lieutenant
2
Rep
237
Posts

 
Drives: 2013 E92 M3
Join Date: Oct 2012
Location: NJ

iTrader: (1)

Quote:
Originally Posted by MRSSIIM3 View Post
i have 0 down on fully loaded e92 m3 and will be paying 800 / mo including tax when mine comes..
NICE! $0 down as in no $$$ up front? all fees etc were in the monthly's? That's a sweet deal!
Appreciate 0
      11-08-2012, 12:59 PM   #10
Ghetto2315
Major
United_States
32
Rep
1,288
Posts

 
Drives: Like I Stole It...
Join Date: Feb 2012
Location: The REAL Jersey Shore

iTrader: (1)

Garage List
You guys, I think his #'s include some negative equity on his GTi.

OP, I sent you a PM.
Appreciate 0
      11-08-2012, 02:49 PM   #11
FLOSS M
///M3
FLOSS M's Avatar
United_States
5
Rep
355
Posts

 
Drives: 2013 e92 M3
Join Date: May 2008
Location: NJ

iTrader: (0)

no reason to pay above invoice for the car

what is he selling you the car for?
Appreciate 0
      11-08-2012, 04:16 PM   #12
rstiv4200
Private First Class
4
Rep
142
Posts

 
Drives: 2007 335i coupe space grey
Join Date: Nov 2010
Location: wayne NJ

iTrader: (2)

Quote:
Originally Posted by Ghetto2315 View Post
You guys, I think his #'s include some negative equity on his GTi.

OP, I sent you a PM.
got to PM. no the #s i posted do not include some negative equity because i havent told the guy about my car and dont plan on trading it in etc.
Appreciate 0
      11-08-2012, 04:17 PM   #13
Ghetto2315
Major
United_States
32
Rep
1,288
Posts

 
Drives: Like I Stole It...
Join Date: Feb 2012
Location: The REAL Jersey Shore

iTrader: (1)

Garage List
Quote:
Originally Posted by rstiv4200 View Post
got to PM. no the #s i posted do not include some negative equity because i havent told the guy about my car and dont plan on trading it in etc.
Read it. Keep me posted


Quote:
Originally Posted by FLOSS M View Post
no reason to pay above invoice for the car

what is he selling you the car for?
No reason to pay invoice on a brand new M3? Some dealers can't even get an allocation because they're selling so quickly. Steve Thomas BMW in CA is about $650 over and that's a stupid good price if you live in CA, but lose the benefit if you're out of state and need to fly there due to travel costs.

You show me where you can get an M3 right now at invoice or below and I'll paypal you $100 (straight deal, no trade or equity, rebates or incentives).
Appreciate 0
      11-08-2012, 05:01 PM   #14
FLOSS M
///M3
FLOSS M's Avatar
United_States
5
Rep
355
Posts

 
Drives: 2013 e92 M3
Join Date: May 2008
Location: NJ

iTrader: (0)

Smile

I don't need or want the money.

13 M3 CP

metallic paint, novillo leather, comp package, cold weather, premium, DCT, sat radio, bmw apps, enhanced prem sound - msrp 75845

november rates , lease 12k / 36 months , 710.43 a month

taxes up front , no money down, no msd - residual 61% , MF .00125

1500 holiday credit, 300 app credit, 750 bmwfs customer credit, 1000 dealer loyalty
Appreciate 0
      11-08-2012, 05:38 PM   #15
6spdg37s
Captain
20
Rep
753
Posts

 
Drives: none
Join Date: Aug 2012
Location: dirty jerz

iTrader: (3)

Quote:
Originally Posted by FLOSS M View Post
I don't need or want the money.

13 M3 CP

metallic paint, novillo leather, comp package, cold weather, premium, DCT, sat radio, bmw apps, enhanced prem sound - msrp 75845

november rates , lease 12k / 36 months , 710.43 a month

taxes up front , no money down, no msd - residual 61% , MF .00125

1500 holiday credit, 300 app credit, 750 bmwfs customer credit, 1000 dealer loyalty
how many mile lease that the residual is 61%?
Appreciate 0
      11-08-2012, 05:47 PM   #16
Alexnyc
Private First Class
Alexnyc's Avatar
United_States
1
Rep
108
Posts

 
Drives: 2012 E92 M3
Join Date: Dec 2011
Location: New york

iTrader: (2)

i lease a 2012 6spd e92 M3 15k a year 36 month. all i paid was $3200 at signing and $825 a month. msrp on car was $72350. i don't know if numbers changed much. btw i paid ny taxes which is a little more then jersey i think.
Appreciate 0
      11-08-2012, 05:52 PM   #17
FLOSS M
///M3
FLOSS M's Avatar
United_States
5
Rep
355
Posts

 
Drives: 2013 e92 M3
Join Date: May 2008
Location: NJ

iTrader: (0)

12,000
Appreciate 0
      11-08-2012, 05:57 PM   #18
6spdg37s
Captain
20
Rep
753
Posts

 
Drives: none
Join Date: Aug 2012
Location: dirty jerz

iTrader: (3)

Quote:
Originally Posted by FLOSS M View Post
12,000
it changed that drastically? i thought it was 58% for 12,000 maybe im remembering incorrectly.
Appreciate 0
      11-08-2012, 06:07 PM   #19
FLOSS M
///M3
FLOSS M's Avatar
United_States
5
Rep
355
Posts

 
Drives: 2013 e92 M3
Join Date: May 2008
Location: NJ

iTrader: (0)

nov #s

61% for 12,000 miles - 36 months - .00125 MF
Appreciate 0
      11-08-2012, 06:18 PM   #20
6spdg37s
Captain
20
Rep
753
Posts

 
Drives: none
Join Date: Aug 2012
Location: dirty jerz

iTrader: (3)

Quote:
Originally Posted by FLOSS M View Post
nov #s

61% for 12,000 miles - 36 months - .00125 MF
I knew the .00125 part. so do you happen to know the residual for 10k ?
Appreciate 0
      11-08-2012, 06:26 PM   #21
rstiv4200
Private First Class
4
Rep
142
Posts

 
Drives: 2007 335i coupe space grey
Join Date: Nov 2010
Location: wayne NJ

iTrader: (2)

i like that this thread i made is really getting action because the one i made on vortex, just to compare, is getting nowhere.

my friends name im posting on has a 335i with JB4, catless downpipes, and afe dci....ive driven his car a couple times its really quick, how do you think the //M holds up to it is it really that much faster?

asking because i called paul miller bmw to get dif numbers and they will not let me drive the car until i go through the WHOLE process, credit, work out numbers and a deal etc. its absurd. i have tier 1 credit, look normal etc and am a serious buyer i dont feel like going through a whole process if i dont LOVE the car, and then they give me the whole speach and i just left.

they also have an 08 m3 sedan with 50k on it for 40k , 6spd, a couple dif packages and the red leather ive been wanting so i wanna look into that also
Appreciate 0
      11-08-2012, 06:34 PM   #22
FLOSS M
///M3
FLOSS M's Avatar
United_States
5
Rep
355
Posts

 
Drives: 2013 e92 M3
Join Date: May 2008
Location: NJ

iTrader: (0)

62% for 10,000 @ 36 mos
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 02:41 PM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST