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
 
ESS Tuning
Post Reply
 
Thread Tools Search this Thread
      02-26-2008, 10:42 PM   #45
Los Angeles
Steve Forte Rio
No_Country
39
Rep
2,396
Posts

 
Drives: 08' 328i
Join Date: Aug 2007
Location: 90036

iTrader: (0)

Ouch! $1100-1200/mo for a lease on an M3.
Appreciate 0
      02-27-2008, 12:42 AM   #46
Epacy
Reincarnated
Epacy's Avatar
88
Rep
4,227
Posts

 
Drives: 02 Maxima SE
Join Date: Mar 2007
Location: IL

iTrader: (0)

Garage List
2008 M3  [0.00]
4.99 for 60 months at my credit union.

My payment will be VERY reasonable.
__________________
Appreciate 0
      02-27-2008, 01:52 AM   #47
FifthStreetz
O! So Sour!!
FifthStreetz's Avatar
United_States
193
Rep
15,559
Posts

 
Drives: Fast 240z / Slow M3
Join Date: Apr 2007
Location: Fort Lee, NJ

iTrader: (24)

Garage List
2008 M3  [4.75]
Quote:
Originally Posted by Epacy View Post
4.99 for 60 months at my credit union.

My payment will be VERY reasonable.
are you planning for a 60 month finance?

I am considering 60 months but leaning towards 54...
__________________
Appreciate 0
      02-27-2008, 02:05 AM   #48
!Xoible
Banned
United_States
555
Rep
46,037
Posts

 
Drives: ....
Join Date: Nov 2006
Location: .

iTrader: (4)

Garage List
2008 M3  [3.50]
2007 335i  [4.50]
2008 528i  [4.00]
2006 Infiniti - G35 ...  [4.00]
my CA just contacted me back. she said none of these numbers are official. no official numbers released yet.
Appreciate 0
      02-27-2008, 05:16 AM   #49
Jimmyz
Second Lieutenant
10
Rep
258
Posts

 
Drives: E92 M3 or Audi S5 (soon!)
Join Date: Aug 2007
Location: NY

iTrader: (0)

I can't spend more than 1100 a month, so I guess if I want an M3, I will have to get a sedan, unless I want a bare bones E92.
Appreciate 0
      02-27-2008, 05:19 AM   #50
Jimmyz
Second Lieutenant
10
Rep
258
Posts

 
Drives: E92 M3 or Audi S5 (soon!)
Join Date: Aug 2007
Location: NY

iTrader: (0)

Quote:
Originally Posted by mantis View Post
my CA just contacted me back. she said none of these numbers are official. no official numbers released yet.
My CA said that these were official from BMW... he may have just gotten the numbers a day or two early.
Appreciate 0
      02-27-2008, 09:12 AM   #51
marcos
Private First Class
marcos's Avatar
3
Rep
146
Posts

 
Drives: jerez m3 coupe
Join Date: Jan 2008
Location: PA

iTrader: (0)

Just got off the phone with my SA--he has heard nothing.
__________________


e92 M3 Jerez Black, Fox Red Interior, Heated Seats, Satellite Radio, 18's
Appreciate 0
      02-27-2008, 09:30 AM   #52
Technic
Lieutenant General
Technic's Avatar
United_States
174
Rep
11,205
Posts

 
Drives: 2015 320i
Join Date: Apr 2005
Location: Ft Lauderdale, Florida

iTrader: (18)

Garage List
2004 M3  [0.00]
i think that these M3 lease rates are way off... for that kind of monthly payments my local dealer was offering M6's with $0 down for 24 months last month.
Appreciate 0
      02-27-2008, 09:48 AM   #53
!Xoible
Banned
United_States
555
Rep
46,037
Posts

 
Drives: ....
Join Date: Nov 2006
Location: .

iTrader: (4)

Garage List
2008 M3  [3.50]
2007 335i  [4.50]
2008 528i  [4.00]
2006 Infiniti - G35 ...  [4.00]
Quote:
Originally Posted by Technic View Post
i think that these M3 lease rates are way off... for that kind of monthly payments my local dealer was offering M6's with $0 down for 24 months last month.
that's different though man. might be specials on 07's or something. MSRP might be discounted. again my cousin got his 103k M6 for 87k so his lease came up to 1k + tax
Appreciate 0
      02-27-2008, 09:58 AM   #54
FifthStreetz
O! So Sour!!
FifthStreetz's Avatar
United_States
193
Rep
15,559
Posts

 
Drives: Fast 240z / Slow M3
Join Date: Apr 2007
Location: Fort Lee, NJ

iTrader: (24)

Garage List
2008 M3  [4.75]
Quote:
Originally Posted by mantis View Post
again my cousin got his 103k M6 for 87k so his lease came up to 1k + tax
good deal,

lol even his payments were lower than that lady's who was living on disability checks
__________________
Appreciate 0
      02-27-2008, 10:50 AM   #55
Technic
Lieutenant General
Technic's Avatar
United_States
174
Rep
11,205
Posts

 
Drives: 2015 320i
Join Date: Apr 2005
Location: Ft Lauderdale, Florida

iTrader: (18)

Garage List
2004 M3  [0.00]
Quote:
Originally Posted by mantis View Post
that's different though man. might be specials on 07's or something. MSRP might be discounted. again my cousin got his 103k M6 for 87k so his lease came up to 1k + tax
... and still it is $87,000, not $65,000 (an average transaction price of the M3 that I made up). I do understand certain lease "specials", but damn, this is an M6 paying more or less the same lease amount as the M3.
Appreciate 0
      02-27-2008, 11:01 AM   #56
par4bmw
Lieutenant
par4bmw's Avatar
6
Rep
494
Posts

 
Drives: 370Z & My JK Toy
Join Date: Feb 2008
Location: Scottsdale

iTrader: (0)

Quote:
Originally Posted by Technic View Post
... and still it is $87,000, not $65,000 (an average transaction price of the M3 that I made up). I do understand certain lease "specials", but damn, this is an M6 paying more or less the same lease amount as the M3.
The residual is off of MSRP. Someone posted earlier that M6 residuals are 58% @ 15K and 61% @ 10K. Sales price of $87K means you are not financing as much based on only a $24,170 depreciation, using the $103K MSRP & 87K sales price. Throw in the better lease factor and it is cheaper than an M3.

M6s no longer carry the demand that the new M3 will have. Give it some time and it will drop. This is the way it almost always is for "hot" new car intros. For now, just buy it vs lease.

Last edited by par4bmw; 02-27-2008 at 11:19 AM.
Appreciate 0
      02-27-2008, 11:15 AM   #57
!Xoible
Banned
United_States
555
Rep
46,037
Posts

 
Drives: ....
Join Date: Nov 2006
Location: .

iTrader: (4)

Garage List
2008 M3  [3.50]
2007 335i  [4.50]
2008 528i  [4.00]
2006 Infiniti - G35 ...  [4.00]
yah but how often do you get a deal like that, and will you get it on a spanking brand new car that's marked up 10k or 20k around the nation?!

question though, doesnt BMWFS release the numbers AFTER the beginning of the month? usually march numbers will come out march 1st or 2nd. I wonder if the numbers listed for the M3 are any real.

another question... has anyone looked into an independent lease company or leasing through a bank or financial institution? i think im going to go that route to get better residual on the car
Appreciate 0
      02-27-2008, 11:28 AM   #58
cosmos515
Second Lieutenant
cosmos515's Avatar
4
Rep
215
Posts

 
Drives: I find what I keeps
Join Date: Feb 2008
Location: So Cal

iTrader: (0)

I had to remove it.
__________________
"Motion does not equal progress"
"I love the smell of cosmoline in the morning"

Last edited by cosmos515; 02-27-2008 at 11:59 AM.
Appreciate 0
      02-27-2008, 11:32 AM   #59
Jimmyz
Second Lieutenant
10
Rep
258
Posts

 
Drives: E92 M3 or Audi S5 (soon!)
Join Date: Aug 2007
Location: NY

iTrader: (0)

Quote:
Originally Posted by Technic View Post
i think that these M3 lease rates are way off... for that kind of monthly payments my local dealer was offering M6's with $0 down for 24 months last month.
That was a special running to get rid of 07 cars. They jacked up the residual, so that a 24 months lease ran something around 1100 a month. It was an amazing deal that I would have jumped on had the powers that be not stated that 500HP was too powerful.
Appreciate 0
      02-27-2008, 11:34 AM   #60
par4bmw
Lieutenant
par4bmw's Avatar
6
Rep
494
Posts

 
Drives: 370Z & My JK Toy
Join Date: Feb 2008
Location: Scottsdale

iTrader: (0)

Quote:
Originally Posted by cosmos515 View Post
Here: I am not very good at computers so I cant make this up.

I will post this and will delete it soon. I am posting this just to verify and prove residuals have been released. For Money Factor, its all "Standard" and as I mentioned for Feb 2008 standard MF is .00275.

Click and open.
Thanks.

There are a lot of great cars out in this price range (S5, C63) with more coming (Jag, CTS-V) so maybe we will see a drop after 4/30. It will all depend on demand.
Appreciate 0
      02-27-2008, 11:35 AM   #61
cosmos515
Second Lieutenant
cosmos515's Avatar
4
Rep
215
Posts

 
Drives: I find what I keeps
Join Date: Feb 2008
Location: So Cal

iTrader: (0)

But the M6 is not 500hp all the time. I drive 90% in p400 mode and its as gentle as a lamb....a rabies bitten mutant lamb.....but still a lamb
__________________
"Motion does not equal progress"
"I love the smell of cosmoline in the morning"
Appreciate 0
      02-27-2008, 11:36 AM   #62
Jimmyz
Second Lieutenant
10
Rep
258
Posts

 
Drives: E92 M3 or Audi S5 (soon!)
Join Date: Aug 2007
Location: NY

iTrader: (0)

Quote:
Originally Posted by cosmos515 View Post
Here: I am not very good at computers so I cant make this up.

I will post this and will delete it soon. I am posting this just to verify and prove residuals have been released. For Money Factor, its all "Standard" and as I mentioned for Feb 2008 standard MF is .00275.

Click and open.
Those must be for 15k miles... 12k miles, add 2 points, 10k, add 3 points. This works out to exactly what I said in the beginning of the thread.

Looking at the X6... the lease numbers are going to be complete shit with standard MF and 53% residual for 12k miles.
Appreciate 0
      02-27-2008, 11:37 AM   #63
Jimmyz
Second Lieutenant
10
Rep
258
Posts

 
Drives: E92 M3 or Audi S5 (soon!)
Join Date: Aug 2007
Location: NY

iTrader: (0)

Quote:
Originally Posted by cosmos515 View Post
But the M6 is not 500hp all the time. I drive 90% in p400 mode and its as gentle as a lamb....a rabies bitten mutant lamb.....but still a lamb
Yeah, but you have the option to use all 500, which means that it would be a lie if I said that the M6 engine produces 400 HP at peak HP.
Appreciate 0
      02-27-2008, 11:38 AM   #64
gblansten
Beandoc
gblansten's Avatar
United_States
31
Rep
2,254
Posts

 
Drives: 2014 BMW M5 SG/SS
Join Date: Sep 2007
Location: Thick ascending limb

iTrader: (0)

Quote:
Originally Posted by Jimmyz View Post
Those must be for 15k miles... 12k miles, add 2 points, 10k, add 3 points. This works out to exactly what I said in the beginning of the thread.

Looking at the X6... the lease numbers are going to be complete shit with standard MF and 53% residual for 12k miles.
Residuals 15K 53%
12K 55%
10K 56%

From what was posted earlier this is my understanding.
Appreciate 0
      02-27-2008, 11:38 AM   #65
Technic
Lieutenant General
Technic's Avatar
United_States
174
Rep
11,205
Posts

 
Drives: 2015 320i
Join Date: Apr 2005
Location: Ft Lauderdale, Florida

iTrader: (18)

Garage List
2004 M3  [0.00]
Quote:
Originally Posted by par4bmw View Post
The residual is off of MSRP. Someone posted earlier that M6 residuals are 58% @ 15K and 61% @ 10K. Sales price of $87K means you are not financing as much based on only a $24,170 depreciation, using the $103K MSRP & 87K sales price. Throw in the better lease factor and it is cheaper than an M3.

M6s no longer carry the demand that the new M3 will have. Give it some time and it will drop. This is the way it almost always is for "hot" new car intros. For now, just buy it vs lease.
Don't worry, that's what I'm doing...
Appreciate 0
      02-27-2008, 11:39 AM   #66
Jimmyz
Second Lieutenant
10
Rep
258
Posts

 
Drives: E92 M3 or Audi S5 (soon!)
Join Date: Aug 2007
Location: NY

iTrader: (0)

Quote:
Originally Posted by par4bmw View Post
Thanks.

There are a lot of great cars out in this price range (S5, C63) with more coming (Jag, CTS-V) so maybe we will see a drop after 4/30. It will all depend on demand.
Yeah, I am currently deciding between an S5, M3 and C63 (have deposits down on all 3). It is really tough to chose. Ultimatly, I would like to get an E92 M3, but with the options I want, I can't afford it, but I can afford the sedan with the options I want. (I am going to lease them so the 2 pts higher on the sedan effects my payments by quite a bit, not to mention that the sedan is also cheaper)
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 01:19 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