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      01-25-2013, 05:07 AM   #23
Leonardo629
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Cool, then you just scored a very excellent deal on a M3 lease. People were paying $1200/month back in 2008....hell..I still see people paying $11xx/month for 2013s now.

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Originally Posted by zeeman335 View Post
Correct. $819.16 including MA tax.
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      01-25-2013, 03:17 PM   #24
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Do you guys think its worth $15 more per month to go add the EDC ?

Also, is there a way to get competition package but with the 220M style wheels?

I'll be ordering soon and not sure if I should add on EDC.
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      01-25-2013, 04:17 PM   #25
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You should be able to find someone to swap 220M wheels for your 359M wheels and maybe pocket a few dollars.

Drink the office coffee insted of getting starbucks. Spend the $15 bucks.
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      01-25-2013, 05:22 PM   #26
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Drink the office coffee insted of getting starbucks. Spend the $15 bucks.
lol, so true...
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      01-25-2013, 08:47 PM   #27
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Yep, like stated above spend the $15. There was a video not too long ago that clarified the benefits of EDC (from BMW.tv podcast).

Both mathematically and IMHO 359>220. But if that's the direction you want to go, it should be easy to find someone to swap. If I still had my vert, I'd swap in a heartbeat.
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      01-26-2013, 11:06 AM   #28
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Quote:
Originally Posted by zeeman335 View Post
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...
Sounds Good!

Im from Canada so my pricing is different. Im in the middle of a deal right now for the same car. I bought out my 2009 335xi coupe(Mistake) at the end of my lease. I came from E46 m3 (competition pkg) & gave it back at the end of that lease (Also a big mistake) but im finally getting back into an M3.

2013 M3 coupe

Melbourne Red(0)
Speed Cloth interior (0)
MDrive Pkg + Bmw App($2,700)
Executive Pkg ($2,900)
Competition Pkg ($2,900)
DCT transmission ($3,900)
High Gloss Shadow line ($795)

MSRP $84,895
Due at signing $3,698
Lease rate 5.9%
Trade in value $26,000
39 mths lease 16,000km per year.
MTH Payment $788.00 per Mth

M3 are about 10,000 more in Canada
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      01-27-2013, 12:48 AM   #29
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Finalized my order today! I added on the EDC and now it's just the waiting game.

I looked into MSD and looks like a good way to bring monthly payments down but the risk is still there. You total the car during the lease and the MSDs are gone. I might still go ahead and put some security deposits down!
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      01-27-2013, 12:49 AM   #30
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Quote:
Originally Posted by anthracer83
Quote:
Originally Posted by zeeman335 View Post
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...
Sounds Good!

Im from Canada so my pricing is different. Im in the middle of a deal right now for the same car. I bought out my 2009 335xi coupe(Mistake) at the end of my lease. I came from E46 m3 (competition pkg) & gave it back at the end of that lease (Also a big mistake) but im finally getting back into an M3.

2013 M3 coupe

Melbourne Red(0)
Speed Cloth interior (0)
MDrive Pkg + Bmw App($2,700)
Executive Pkg ($2,900)
Competition Pkg ($2,900)
DCT transmission ($3,900)
High Gloss Shadow line ($795)

MSRP $84,895
Due at signing $3,698
Lease rate 5.9%
Trade in value $26,000
39 mths lease 16,000km per year.
MTH Payment $788.00 per Mth

M3 are about 10,000 more in Canada
Move to the US for a cheaper M3 and drive it like you stole it without getting car crushed like they do in Canada! :-)
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      01-27-2013, 12:50 AM   #31
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Quote:
Originally Posted by TrakBch
You should be able to find someone to swap 220M wheels for your 359M wheels and maybe pocket a few dollars.

Drink the office coffee insted of getting starbucks. Spend the $15 bucks.
Lol your right. Why not order it right the first time. I'm sure I won't be disappointed. Called the dealership and got it added on to the order! Can't wait!
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      01-27-2013, 06:31 AM   #32
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Originally Posted by zeeman335 View Post
Finalized my order today! I added on the EDC and now it's just the waiting game.

I looked into MSD and looks like a good way to bring monthly payments down but the risk is still there. You total the car during the lease and the MSDs are gone. I might still go ahead and put some security deposits down!
Not true regarding the MSD's. Gap insurance would cover any difference. This was the reason for not putting money down towards cap reduction.

For the MSD's, if at lease end there were issues associated to damage above and beyond the allowed, replacement of tires, etc., this would be taken from the security deposits. Else BMW FS would send you a bill.

The rough math would work result in a $50 per month savings assuming max MSD's. Another way of looking at it, for $5600 that BMW FS will have for 36 months, you'll save $1800. Perhaps that money can be best used elsewhere but it is a good option.
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      01-27-2013, 09:00 AM   #33
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Quote:
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Not true regarding the MSD's. Gap insurance would cover any difference. This was the reason for not putting money down towards cap reduction.

For the MSD's, if at lease end there were issues associated to damage above and beyond the allowed, replacement of tires, etc., this would be taken from the security deposits. Else BMW FS would send you a bill.

The rough math would work result in a $50 per month savings assuming max MSD's. Another way of looking at it, for $5600 that BMW FS will have for 36 months, you'll save $1800. Perhaps that money can be best used elsewhere but it is a good option.
MSD is fully refundable if the car is totaled. 10% return on your investment is a pretty good deal. That's why I did it. Where else are you going to find that these days without risk?
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      01-27-2013, 09:06 AM   #34
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Quote:
Originally Posted by anthracer83 View Post
Sounds Good!

Im from Canada so my pricing is different. Im in the middle of a deal right now for the same car. I bought out my 2009 335xi coupe(Mistake) at the end of my lease. I came from E46 m3 (competition pkg) & gave it back at the end of that lease (Also a big mistake) but im finally getting back into an M3.

2013 M3 coupe

Melbourne Red(0)
Speed Cloth interior (0)
MDrive Pkg + Bmw App($2,700)
Executive Pkg ($2,900)
Competition Pkg ($2,900)
DCT transmission ($3,900)
High Gloss Shadow line ($795)

MSRP $84,895
Due at signing $3,698
Lease rate 5.9%
Trade in value $26,000
39 mths lease 16,000km per year.
MTH Payment $788.00 per Mth

M3 are about 10,000 more in Canada
Lease rate sounds high? Can you put MSD, that'll bring your lease rate down. Instead is putting money into cap reduction, put it into the MSD instead. Anyone who's leading and can afford to put MSD, it's almost a no brainer.
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      01-27-2013, 11:16 AM   #35
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just curious... to me it depends on the bottom line dollar amount and what you put down as well. I believe APR is 3.5% thereabouts. What terms of the lease? If I wanted to lease my 2013, which I didnt, I had a payment at 600. Also BMWNA has a security deposit lease plan (a bit higher) but I would do it if youre leasing.... get cash back in the end. need more info, but if you like 8's for payments, all good.
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      01-27-2013, 10:38 PM   #36
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congrats man!! find something to do while you wait... or else you'll be broke from shopping online for mods.
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      01-28-2013, 06:45 AM   #37
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just curious... to me it depends on the bottom line dollar amount and what you put down as well. I believe APR is 3.5% thereabouts. What terms of the lease? If I wanted to lease my 2013, which I didnt, I had a payment at 600. Also BMWNA has a security deposit lease plan (a bit higher) but I would do it if youre leasing.... get cash back in the end. need more info, but if you like 8's for payments, all good.
Current base rate for leasing an M3 is .00130 (or 3.12% converted). With the 7 extra security deposits there would be a reduction of .00049 adjusting the m.f. to .00081 (or 1.944%). Not a bad return of investment knowing the security deposits will be refunded at lease end. Could that (roughly) $5600 in S.D.'s be better used elsewhere, perhaps. For those who lease, it is a good option that few CA's and/or Finance Managers discuss as an option. Most seem to focus on cap reduction.

Slight tangent, if using MSD's, the amount can not be directly applied to the next lease. You'll need to put another amount down and wait for the refund. How long will it take? From my last lease, I received my funds within 30 days.
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      01-28-2013, 06:48 AM   #38
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congrats man!! find something to do while you wait... or else you'll be broke from shopping online for mods.
That's why browsing the forums has it's benefits and drawbacks. The temptation to add something (carbon parts, lighting, tune, exhaust, etc) that otherwise an owner might have kept the car stock. Good for the car bad for the savings fund....
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      01-28-2013, 12:57 PM   #39
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wow. good deal.
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      01-28-2013, 08:50 PM   #40
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Good deal budd.
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      01-28-2013, 09:21 PM   #41
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Quote:
Originally Posted by zeeman335 View Post
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...
That seems like a pretty good deal. I am also looking to lease....


2013 BMW M3 Coupe
Carbon Fibre Roof
Alpine White
Fox Red Extended Leather
Carbon Leather Trim
DCT
Competition Package
Premium Package
Enhanced Premium Sound
Heated Front seats (not cold weather package just heated front seats)

I got a quote for $845.65 $0 down 36 month 10K miles/yr ($866.62 for 12K miles) including FL sales tax.

US MSRP $75,545 US Invoice $70,105.... My US Price $70,755

I think I'm getting a pretty good deal? BTW what dealership did you get that quote from? I am also coming from 335i!
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      01-29-2013, 10:53 AM   #42
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Thanks guy. and Congrats to you too Dkhan23. Can't wait to get myself into a m3!

MSD seems the way to go to bring down the monthly payments. The only question I have is that is there any way BMW can take away the security deposit or do they HAVE to give it back? They can use that cash to pay off any damages, excess miles, etc at the end of the lease, correct?

So what the dealership told me is that I need to pay about 4 security deposits of $850 dollars each to bring down the monthly payments by $50.

Also, does the MSD effect the buyout value of the car at all? Since I am paying lower monthly payments, I am paying less on the car, so wouldnt the buyout value go up?
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      01-29-2013, 11:54 AM   #43
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Quote:
Originally Posted by zeeman335 View Post
Thanks guy. and Congrats to you too Dkhan23. Can't wait to get myself into a m3!

MSD seems the way to go to bring down the monthly payments. The only question I have is that is there any way BMW can take away the security deposit or do they HAVE to give it back? They can use that cash to pay off any damages, excess miles, etc at the end of the lease, correct?

So what the dealership told me is that I need to pay about 4 security deposits of $850 dollars each to bring down the monthly payments by $50.

Also, does the MSD effect the buyout value of the car at all? Since I am paying lower monthly payments, I am paying less on the car, so wouldnt the buyout value go up?
I spoke with BMW NA Finance before I put down my MSD and they said they can't simply take the security deposit away, but don't quote me on this. Give them a call yourself for peace of mind. I put the max down to lower my mf. which does not affect your principal, only how much you're charged for your interest rate.
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      01-29-2013, 04:18 PM   #44
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Quote:
Originally Posted by zeeman335 View Post
Thanks guy. and Congrats to you too Dkhan23. Can't wait to get myself into a m3!

MSD seems the way to go to bring down the monthly payments. The only question I have is that is there any way BMW can take away the security deposit or do they HAVE to give it back? They can use that cash to pay off any damages, excess miles, etc at the end of the lease, correct?

So what the dealership told me is that I need to pay about 4 security deposits of $850 dollars each to bring down the monthly payments by $50.

Also, does the MSD effect the buyout value of the car at all? Since I am paying lower monthly payments, I am paying less on the car, so wouldnt the buyout value go up?

Just like a standard security deposit, the additional can be used to offset damage, excess miles, etc. Otherwise you'll get your money back.

The payoff will not change as it is based on the residual value (currently 62% @ 10k/36 month). However the MSD's can be used as partial payment toward the payoff.

Something to consider if using MSD's, it is a good method to lowering the money factor. But if you opt to transfer the lease, you would need to reconcile this with the new leasee. That is unless you plan on giving up all of your MSD's.

For the quantity, max MSD's is 8 (1 required plus 7 optional). Each optional reduces the m.f. by .00007. All would be required to reduce the payment by (roughly) $50.
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