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      01-07-2010, 12:04 PM   #1
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Post BMW M3 Auto Lease Rates - January 2010

BMW Auto Lease Programs – Effective January 2010

These lease rates and residuals are provided courtesy of LeaseCompare.com by dealer partners and are NOT for redistribution.

This information is to help you evaluate different lease offers from your BMW dealer and an independent leasing company.

Here’s the scoop

1) Use the data listed below each vehicle model, and the Lease Formula at the bottom of this page, to calculate the manufacturer (captive) lease payment.

2) Compare Vehicle Pricing and Bank Lease programs by clicking on the vehicle model name to see instant lease payments. When available, specials are shown with payments.

3) You’ve done your homework, now choose the best lease and start driving your car!

NOTE: Choosing a lease program, captive or bank, with the lowest money factor and a realistic residual value will provide you with the best overall lease deal.

Message me for help on using this data or leasing in general.

2010 BMW M3 Sedan
24 Month – Residual 54% of MSRP – .00245 Base Rate
36 Month – Residual 49% of MSRP – .00245 Base Rate
48 Month – Residual 38% of MSRP – .00245 Base Rate
60 Month – Residual 32% of MSRP – .00245 Base Rate
CLICK for $929 / 39mo Lease Special

2010 BMW M3 Coupe
24 Month – Residual 55% of MSRP – .00245 Base Rate
36 Month – Residual 51% of MSRP – .00245 Base Rate
48 Month – Residual 37% of MSRP – .00245 Base Rate
60 Month – Residual 31% of MSRP – .00245 Base Rate

2010 BMW M3 Convertible
24 Month – Residual 51% of MSRP – .00245 Base Rate
36 Month – Residual 47% of MSRP – .00245 Base Rate
48 Month – Residual 36% of MSRP – .00245 Base Rate
60 Month – Residual 31% of MSRP – .00245 Base Rate

Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms

Lease Payment Calculation Formula:
(Cap Cost – Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Base Rate = Interest
Depreciation + Interest = Base Monthly Payment

Terms Used in Lease Formula:
CAP COST = Vehicle Purchase Price (amount financed)
RESIDUAL VALUE = MSRP (window sticker) X Residual %
TERM = Length of Lease in Months (3 years = 36 months)
BASE RATE = Dealer’s Buy Rate (dealer can mark this up for profit)

NOTE: The manufacturer (captive) lease programs provided are for reference only. Base Rates may vary by region. Your dealer has the option of offering you a higher rate.

Compare Lease and Loan Payments for Used BMW Models HERE

Visit Auto Lease Insider for leasing info you won’t find anywhere else!

Captive lease programs for other vehicle makes available here:
Manufacturer Auto Lease Rates
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      01-07-2010, 03:37 PM   #2
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Looks like no change from November-December except no Holiday Cash.
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      01-07-2010, 06:05 PM   #3
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No 2009 Special Rates to try and clear them out?
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      01-14-2010, 08:14 PM   #4
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Good god those residuals are terrible. An '09 335i has a 63% residual after 36 months and the M3 has 49-51%? Who in their right mind leases one of these things?
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      01-15-2010, 02:28 AM   #5
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Quote:
Originally Posted by alms21 View Post
Good god those residuals are terrible. An '09 335i has a 63% residual after 36 months and the M3 has 49-51%? Who in their right mind leases one of these things?
Me crazy.
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2011 BMW 135i M Sport DCT, w/BMW Performance Power Kit, Exhaust, and Brake Rotors, Space Gray / Coral Red, known as "Stiggie" with an outlaw F20 "M135i" badge.
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      01-19-2010, 02:56 AM   #6
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To me, the residual isn't that important, sure a higher residual lowers your monthly payment, but it reduces any potential equity at lease end. With the M3 leases, you will probably have equity to sell the car outright at lease end and pocket a bunch of cash. A lower residual actually gives you more lease end options.

The money factor on the other hand is quite high for the M3 compared to the rest of the BMW lineup. About 5.88% equivalent on a loan. Still pretty reasonable and you can't do much better on financing with an outside bank or with BMW (unless BMW is running a special). Therefore, leasing makes perfect sense on an M3.
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      01-24-2010, 05:42 PM   #7
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Quote:
Originally Posted by The J-Man View Post
To me, the residual isn't that important, sure a higher residual lowers your monthly payment, but it reduces any potential equity at lease end. With the M3 leases, you will probably have equity to sell the car outright at lease end and pocket a bunch of cash. A lower residual actually gives you more lease end options.
Perfectly stated.
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      01-24-2010, 07:46 PM   #8
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or get s5 for $700/mo zero down lol
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      01-24-2010, 09:21 PM   #9
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Quote:
Originally Posted by The J-Man View Post
To me, the residual isn't that important, sure a higher residual lowers your monthly payment, but it reduces any potential equity at lease end. With the M3 leases, you will probably have equity to sell the car outright at lease end and pocket a bunch of cash. A lower residual actually gives you more lease end options.
So if the car has an MSRP of $70k, and after the 24 month lease BMW predicts it will be 55% = $38.5k, then demand at that time will likely be north of the 24 month residual which is what you mean by pocketing cash?
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      01-25-2010, 04:04 AM   #10
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Quote:
Originally Posted by corrupt23jj View Post
So if the car has an MSRP of $70k, and after the 24 month lease BMW predicts it will be 55% = $38.5k, then demand at that time will likely be north of the 24 month residual which is what you mean by pocketing cash?
more or less, yes... it's actually a 36 month lease though... but still, say you pick up a 2010, after three years your residual is roughly $36-$38k, if you took care of your car, the miles aren't ridiculous, and depending on the options that you have on your car, you could in theory, turn around and sell the M before lease end, and depending on where you live, and depending on the state of the economy, you should be able to pocket some cash... used 08's are going around 50K right now, give or take a couple of thousand...

this was more of a sure thing before the economy took a nosedive...
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      01-25-2010, 07:00 PM   #11
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I get that a low MF, low residual lease is more desirable than a high residual, high MF lease with the same payment, but I think the benefits of counting on having equity at lease end to offset the payment expense are pretty limited.

With higher residual leases:

1. If the car worth less than the buyout you just turn it in, or you have leverage to negotiate on the buyout amount with the dealer. With the lower residual BMWFS is effectively shifting the risk of a market collapse onto the lessee, which eliminates one of the big positives of leasing to begin with.

2. If the car is wrecked and repaired you can walk away from it at lease end without a second thought. If your M3 is hit any equity you might have seen at lease end is likely up in smoke. With the way people drive these days and the value hit specialty cars take with accident damage this isn't something to be ignored IMHO.

Obviously if you're "leasing to own" because of the tax break and you're buying the car come hell or high water at lease end the low residual is a good thing. Outside of that scenario...

IMHO the bottom line is that, except for the fire sale leases in late '08 and early '09, the lease terms on current M cars have been pretty brutal. It's still the way to go for some people (especially those that can utilize the potential tax breaks), but BMW is definitely not concerned about "moving the metal" with M3 terms as they are.
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      01-26-2010, 08:13 PM   #12
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Quote:
Originally Posted by Angry3 View Post
Obviously if you're "leasing to own" because of the tax break and you're buying the car come hell or high water at lease end the low residual is a good thing. Outside of that scenario...
Can you expand on what kind of tax breaks you're referring to? Or at least point me in the direction of finding more information...thanks.
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      01-27-2010, 07:49 AM   #13
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Unfortunately as a business owner, leasing is really the only practical option due to the long depreciation schedule for luxury autos.
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      01-27-2010, 05:56 PM   #14
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Quote:
Originally Posted by shoei View Post
more or less, yes... it's actually a 36 month lease though... but still, say you pick up a 2010, after three years your residual is roughly $36-$38k, if you took care of your car, the miles aren't ridiculous, and depending on the options that you have on your car, you could in theory, turn around and sell the M before lease end, and depending on where you live, and depending on the state of the economy, you should be able to pocket some cash... used 08's are going around 50K right now, give or take a couple of thousand...

this was more of a sure thing before the economy took a nosedive...
Yeah around $50K right now (some are $45-47K) which means in another year they will be $36-38K or perhaps $40K if you're lucky. You have a buyout at $38K and say you can get $40K for it...so you get $2K. But you just paid $200/mo higher for 36 months --- I was no math major but I think that is $7,200 more that you just paid in lease payment for 36 months. And that's NOT COUNTING a dime's worth of interest that you could have earned on that money for 36 months. RESIDUALS MEAN EVERYTHING.
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