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
 
INDustry distribution
Post Reply
 
Thread Tools Search this Thread
      01-23-2013, 10:21 AM   #1
zeeman335
Lieutenant
 
zeeman335's Avatar
 
Drives: 2013 M3
Join Date: Nov 2008
Location: Massachusetts

Posts: 505
iTrader: (2)

Hows my 2013 M3 lease deal ?

Hey guys, just wanted to think what ya'll think on my special order M3 deal Im getting.

2013 M3 coupe
Alpine White
Fox Red Novillo Leather
Carbon Leather Trim
Cold Weather Package
Premium Package
19" Light alloy double spoke wheels style 220M
M DCT
Enhanced Premium Sound


MSRP: $73,395
Sale price: $66,250
buy out: $45,505.09
$1322.16 due at signing
$819.16 per month
10,000 miles a year
10k miles a year

What you all think? Im coming from a 335i which I sold and just about ready to get myself into a M3 that I always wanted...
__________________
zeeman335 is offline  
0
Reply With Quote
      01-23-2013, 10:48 AM   #2
dmist199
Private First Class
 
Drives: 335 xi LCI
Join Date: Jun 2011
Location: NYC

Posts: 179
iTrader: (0)

looks pretty good deal to me
dmist199 is offline  
0
Reply With Quote
      01-23-2013, 11:19 AM   #3
My E90
Captain
 
Drives: '13 E92 M3 6MT SSII
Join Date: May 2007
Location: South Floorida

Posts: 758
iTrader: (2)

User bmwconfig.com to check as well. What MF and residual are they using?
__________________
'13 M3 E92 SSII | 6MT | ZCP | ZPP | EPS | NAV | MPE | ED & PCD
My E90 is offline   United_States
0
Reply With Quote
      01-23-2013, 12:27 PM   #4
zeeman335
Lieutenant
 
zeeman335's Avatar
 
Drives: 2013 M3
Join Date: Nov 2008
Location: Massachusetts

Posts: 505
iTrader: (2)

The invoice is at 67,770 for this vehicle optioned out on bmwconfig.com. So Im getting the vehicle for $1,520 under invoice. The residual is 62%
__________________
zeeman335 is offline  
0
Reply With Quote
      01-23-2013, 12:58 PM   #5
kokopuffs405
Yup
 
kokopuffs405's Avatar
 
Drives: 14F10M5
Join Date: Apr 2010
Location: Maryland

Posts: 616
iTrader: (8)

Garage List
2013 BMW  [0.00]
Thats really good numbers, I dont know about the payments but, $1520 under invoice on a M3 with barely any out there is solid
__________________
Oh hello
kokopuffs405 is offline  
0
Reply With Quote
      01-23-2013, 01:28 PM   #6
M3 Esq
Lieutenant Colonel
 
M3 Esq's Avatar
 
Drives: Pumpkin Orange M3
Join Date: Aug 2007
Location: CT

Posts: 1,852
iTrader: (5)

Garage List
Looks like a good deal to me. Nice job.
M3 Esq is online now   United_States
0
Reply With Quote
      01-23-2013, 01:30 PM   #7
Longboarder
Brigadier General
 
Drives: 2013 e92 M3
Join Date: Dec 2006
Location: Monarch Beach

Posts: 3,671
iTrader: (1)

Garage List
2011 997.2 Turbo S  [4.83]
2013 e92 M3  [4.55]
2013 WRX STi  [4.00]
2013 BMW X5  [0.00]
^ ^ yup that is terrific.
__________________
Daily: 2013 e92 M3 DCT / ESS VT2 650 S/C / Akrapovic Evolution / StopTech BBK
Track/Airstrip: 2011 997.2 Turbo S PDK / 725 HP / BBi suspension build
Beater: 2013 X5 3.5sport
YouTube Channel: https://www.youtube.com/channel/UCT1...eoFBszPIK0gf9w
Longboarder is offline  
0
Reply With Quote
      01-23-2013, 03:03 PM   #8
SpiralOut
Captain
 
SpiralOut's Avatar
 
Drives: 2013 M3
Join Date: Nov 2006
Location: NC

Posts: 788
iTrader: (9)

what is the money factor? My dealer tried to mark MF up on their first deal to me so make sure they didn't do that. i assume it's still .00125. Seems to me like it should be a little cheaper based on the deal i got a month ago on mine.
SpiralOut is offline   United_States
0
Reply With Quote
      01-23-2013, 03:08 PM   #9
zeeman335
Lieutenant
 
zeeman335's Avatar
 
Drives: 2013 M3
Join Date: Nov 2008
Location: Massachusetts

Posts: 505
iTrader: (2)

Thanks guys. The $1332 is first month payment plus fees, etc. I will be ordering soon! The below invoice price includes the incentives and stuff, plus i know the sales manager


Quote:
Originally Posted by SpiralOut View Post
what is the money factor? My dealer tried to mark MF up on their first deal to me so make sure they didn't do that. i assume it's still .00125. Seems to me like it should be a little cheaper based on the deal i got a month ago on mine.
Can't remember what my MF is but i can find out. What was the deal that you got ?
__________________
zeeman335 is offline  
0
Reply With Quote
      01-23-2013, 03:18 PM   #10
SpiralOut
Captain
 
SpiralOut's Avatar
 
Drives: 2013 M3
Join Date: Nov 2006
Location: NC

Posts: 788
iTrader: (9)

Was about the same amount down.... maybe a litte more, 36month @ 12k/year, car MSRP was $2000 more than yours and I'm $774/month. This was with holiday cash, bmw loyalty discount, and bmw drive app discount.

BTW, I came from a 335 (2010 msport) as well and man what a difference. They may look alike, but the M3 is a beast and feels like a completely different car. I'm also a manual guy, but loven the DCT so far.
SpiralOut is offline   United_States
0
Reply With Quote
      01-23-2013, 05:28 PM   #11
///Machine
Second Lieutenant
 
///Machine's Avatar
 
Drives: '13 E92 M3 / '11 X5d
Join Date: Apr 2012
Location: CT

Posts: 247
iTrader: (0)

Let me split my comments in 2 parts:

- Your sale price is very good, which is invoice + $430 less incentives ($2,275 of loyalty [$750] and $1,500 cash incentive)

- Given the other financial info (downpayment and monthly lease) you provided, I can calculate a MF of 0.00155. (confirm that with your dealer) This is a little higher than the ongoing rate of MF = 0.00130.

If you negotiate same price and MF of 0.00130, you should be paying ~$780-790 monthly lease with equivalent downpayment. This assumes a 6.25% MA sales tax rate.

edit: specified loyalty = $750.
__________________
Now: 2013 SG ZCP E92 M3; 2011 DSB X5d
Before: 2011 JZB E93 M3; 2008 Monaco Blue E90 328i; 2002 E46 Steel Blue 325i

Last edited by ///Machine; 01-23-2013 at 06:05 PM.
///Machine is offline   United_States
0
Reply With Quote
      01-23-2013, 06:01 PM   #12
etrillion
Second Lieutenant
 
Drives: 2013 E92 M3
Join Date: Oct 2012
Location: NJ

Posts: 237
iTrader: (1)

Looks good man
etrillion is offline  
0
Reply With Quote
      01-23-2013, 06:24 PM   #13
SROC3
The limit of adhesion is my home.
 
SROC3's Avatar
 
Drives: 2012 E92 M3 JTBLK ZCP
Join Date: Sep 2006
Location: three.one.zero

Posts: 1,385
iTrader: (0)

Garage List
2012 BMW M3  [0.00]
Send a message via Yahoo to SROC3
great numbers
__________________
2012 M3 E92 Jet Black
Black Leather/DCT | ZCP |
(Buy date 11/27/11) 2012 M3 E92 Jet Black
Red Extended Leather/6MT | Comp Package - RETIRED
(Impulse Buy Date - 11/22/06) 335i E92/Space Grey/ Red Leather/6MT - RETIRED
SROC3 is offline   United_States
0
Reply With Quote
      01-23-2013, 07:26 PM   #14
dagolfpro
Lieutenant Colonel
 
dagolfpro's Avatar
 
Drives: 2011 E90 M3
Join Date: Sep 2011
Location: SF Bay Area, CA

Posts: 1,830
iTrader: (8)

OP, did you inquire about putting down Multiple Security Deposit (MSD) to reduce your MF? If not, it's well worth the research.
__________________
2011 E90 AW | DCT | ZCP | ZCV | ZCW | ZP2 | Prem Sound | Moonroof | BMW Apps |
Evolve Exhaust | M Perf Steering Wheel | Tint | Lux | Painted Reflectors | Hardwired V1 | KW V3 | Volshlag CP | Brembo BBK | 18" Volks TE37SL Pressed Graphite | Yokohama AD08 | Schroth 4 Point Harness | Challenge GT Diffuser | I lied earlier, I wasn't done with mod, but I swear, I'm done now, no more mods...
dagolfpro is offline   Taiwan
0
Reply With Quote
      01-23-2013, 09:37 PM   #15
Transfer
Lieutenant Colonel
 
Transfer's Avatar
 
Drives: SQ5, X1
Join Date: Mar 2010
Location: Seattle, WA

Posts: 1,673
iTrader: (0)

Um wow how did you get 9.5% off MSRP??
Transfer is offline   United_States
0
Reply With Quote
      01-24-2013, 10:27 AM   #16
zeeman335
Lieutenant
 
zeeman335's Avatar
 
Drives: 2013 M3
Join Date: Nov 2008
Location: Massachusetts

Posts: 505
iTrader: (2)

The money factor is 145 and thats the best the dealer can do. So the payments will be at $819.

Some discounts include bmw loyalty and holiday cash back, I am not applicable for the bmw app.
__________________
zeeman335 is offline  
0
Reply With Quote
      01-24-2013, 10:29 AM   #17
zeeman335
Lieutenant
 
zeeman335's Avatar
 
Drives: 2013 M3
Join Date: Nov 2008
Location: Massachusetts

Posts: 505
iTrader: (2)

Quote:
Originally Posted by SpiralOut View Post
Was about the same amount down.... maybe a litte more, 36month @ 12k/year, car MSRP was $2000 more than yours and I'm $774/month. This was with holiday cash, bmw loyalty discount, and bmw drive app discount.

BTW, I came from a 335 (2010 msport) as well and man what a difference. They may look alike, but the M3 is a beast and feels like a completely different car. I'm also a manual guy, but loven the DCT so far.

Your seems like a pretty good deal but not sure why my dealer can do it. The most he can do is $819 and the MF is at .00145.

Your last paragraph gave me a smile, cant wait to get into a M3 from a 335 ! When i test drove a M3 i could immediately tell the difference !
__________________
zeeman335 is offline  
0
Reply With Quote
      01-24-2013, 10:37 AM   #18
limerockpark1of50
BMW M3
 
limerockpark1of50's Avatar
 
Drives: 2013 Lime rock park M3
Join Date: Jan 2013
Location: New York

Posts: 15
iTrader: (0)

Quote:
Originally Posted by zeeman335
Hey guys, just wanted to think what ya'll think on my special order M3 deal Im getting.

2013 M3 coupe
Alpine White
Fox Red Novillo Leather
Carbon Leather Trim
Cold Weather Package
Premium Package
19" Light alloy double spoke wheels style 220M
M DCT
Enhanced Premium Sound


MSRP: $73,395
Sale price: $66,250
buy out: $45,505.09
$1322.16 due at signing
$819.16 per month
10,000 miles a year
10k miles a year

What you all think? Im coming from a 335i which I sold and just about ready to get myself into a M3 that I always wanted...
It's not that bad A deal.. A friend has A 2012 coupe loaded with zero down he's paying 824 A month but due to loss of job he can't afford it anymore. It's a shame cause I woulda took it but I bought A lime rock edition, number 1!! Yes it's vin verified they started the number at 10 and my last 2 numbers are 10 so not only do I have the first one but what people don't know is that only 50 were built loaded with black wheels and the other 150 with silver rims.... Lime rock rep has been asking me to take it to the track for picks but Im afraid to even take it out now that they told me this! I was the first to pick one up as well in Florida and already put 3600 miles on it which I'm pissed about but it's still THAT car!!!!
limerockpark1of50 is offline   United_States
0
Reply With Quote
      01-24-2013, 10:42 AM   #19
RATED MMMM
Private
 
Drives: E92 java green m3
Join Date: Jan 2013
Location: Milton ga

Posts: 64
iTrader: (0)

Yeah BMW has a 6-7% markup in all vehicles. Plus you get the 2250 for incentives. You should be able to get .00130 based on credit but I know the M's I have on order for people are locked in at this rate. But overall looks like a smoking deal I am sure you could trim the edges a bit but looks like a great deal and a smokin car!
RATED MMMM is offline  
0
Reply With Quote
      01-24-2013, 12:22 PM   #20
zeeman335
Lieutenant
 
zeeman335's Avatar
 
Drives: 2013 M3
Join Date: Nov 2008
Location: Massachusetts

Posts: 505
iTrader: (2)

Sweet! Thanks guys!
__________________
zeeman335 is offline  
0
Reply With Quote
      01-24-2013, 04:38 PM   #21
Leonardo629
Major
 
Drives: 2013 M3 Coupe
Join Date: Sep 2006
Location: Walnut, CA

Posts: 1,204
iTrader: (9)

Does the monthly payment include local sales tax?
Leonardo629 is offline   United_States
0
Reply With Quote
      01-24-2013, 05:02 PM   #22
zeeman335
Lieutenant
 
zeeman335's Avatar
 
Drives: 2013 M3
Join Date: Nov 2008
Location: Massachusetts

Posts: 505
iTrader: (2)

Correct. $819.16 including MA tax.
__________________
zeeman335 is offline  
0
Reply With Quote
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 05:27 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