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      03-12-2007, 05:20 PM   #1
REP1KRR
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Leasing the new M3

So, I've never leased an M car. But, I'd like to get an idea of what a lease is going to look like on the new E92 M3. Generally speaking.

Here is what BMWUSA.com quotes for the M Cars. I threw in the 335i & 550i for some other perspective.

2007 models | $2500 down | 36 months | 12,000K miles/year
*to keep it consistent as possible, I've added no options to the car/build price.

335i : $41,575 : $547/mo
Z4 M Coupe : $50,874 : $659/mo
Z4 M Roadster : $52,875 : $687/mo
550i : $59,195 : $792/mo
M5 : $83,195 : $1476/mo
M6 Coupe : $99,875 : $1714/mo
M6 Convertible : $105,675 : $1792

Now I understand, stated "residual value" dictates the payment heavily. But these models listed have very little connectivity/consistency to each other (ie. the M5 is only 64% more expensive in price than the Z4 M, but 117% more expensive on monthly payment (and a 64% increase in down payment from $2500 to $4100 only takes off $50 bucks monthly on the M5 to $1405). So, its quite disproportional.

Obviously, the M5/M6 models don't hold value as well as the lower price models.

1. Should we see "relative" residual value holding closer to the Z4 M or the M5?
2. What is the expectation of residual of the M3 versus these other models.
3. E46 M3 owners: what did you experience in lease rates/residuals vs. E39 M5 at the time you bought?

Thanks. Just wanting to know what to expect.

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      03-12-2007, 09:20 PM   #2
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BMWFS is never aggressive with M leases... not anytime that i saw.
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      03-12-2007, 10:45 PM   #3
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I'm pulling this out of my ss but if I had to guess, most leases on the M3 out the gate will likley be over $1,000 per month which really sucks. I'm hoping to get it under $1K since I will likely be getting mine about a year after the release in November '08 (lease expiration on my S4).
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      03-12-2007, 11:05 PM   #4
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What kinda rates are people with E46 M3's in the 60g range getting?
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      03-14-2007, 02:30 PM   #5
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No love? Any further opinion or in-site? I KNOW there are some leasing out there.

Thanks.
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      03-14-2007, 03:00 PM   #6
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You are not gonna like this but..............

When I first looked at my E46 M3 in 2002 the lease was $1,200 w/2500 down!

DAMN! Sooooo I blew 10k (stupid now that I look back IMHO) and got the lease down to something reasonable..

Soooo..... I would not expect it to be anything less than this for sometime..

The new M3 is moving upscale and no doubt the lease and the people buying it will too.....

Thus the reason for the 335's performance.. What a deal- E46 M3 performance for under 50k with leases around 600-700 a month.

Fricking bargain if you ask me......:rocks:
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      03-15-2007, 01:10 PM   #7
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Quote:
Originally Posted by MI6 View Post
You are not gonna like this but..............

When I first looked at my E46 M3 in 2002 the lease was $1,200 w/2500 down!
God I hope it's not going to be that high
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      03-15-2007, 01:40 PM   #8
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I doubt it. You can finance out over 60 months for $1100/mo. A 36mo lease should never be more than a 60 month purchase. I think I'm planning on something around $1000. If its more than that, I'll plan on purchasing.
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      03-15-2007, 06:13 PM   #9
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New M3 Lease calculation: For the purpose of example, referring to the March captive lease rates for a 12,000/yr 36 mo lease and using the M5's Residual Value of 59%, and the 335i's Money factor of .00160, with $2.500 down and a MSRP of $62,000, the monthly lease payment would be $790.39 plus tax. Not bad!
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      03-15-2007, 11:07 PM   #10
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You guys are high..........get off the crack..........


Just 5mos. ago the cheapest M car the M roadster originally on BMWUSA.com was leasing for $1,100/month.........on a frickin 56k car!!!!!

BMW is not stupid, they will maximize profit and keep leases high until demand becames to subside a little which is usually 2-3 years into it......

Now if you have an M3 base w/no options than you might get something around a grand........

Oh, and forget 60mos. being cheaper- BMW wants you back after 3 years so their 42/60 mos. leases are higher than their 36... Just check out BMWUSA.com and build your own and you'll see what I mean.....
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      03-16-2007, 01:49 AM   #11
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Quote:
Originally Posted by MI6 View Post
BMW is not stupid...
Well, either BMW is stupid, or their customers are. There is no freaking way that a $56K car could lease for $1100/mo on a 36/12/2500 scenario...and it would actually sell. Why would you, when you could finance out over 60mo and sell in 3 years. Its just makes no financial sense. Unless, of course, you're willing to pay for the ease of just dropping your car off at the dealer after 36 and handing them the keys (and then writing a check for door dings and worn tires). Assuming your claim is real about a Z4 M going for 1100 a month - the money factors must have been just stupid. Hence, BMWFS is....

In 36 mo, your principle balance would be roughly 44% of your original balance (or 25,000 assum. 6.75%). Where as, according to an estimated 59% after 36 months, would be $33,000. Which in all reality, true market value will probably be around 65+%.

What's nice is, financial institutions aren't discriminatory about brand/make when determining loan terms...only lease terms. Screw it, I'm buying outright.
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      03-16-2007, 10:03 AM   #12
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Quote:
Originally Posted by REP1KRR View Post
What's nice is, financial institutions aren't discriminatory about brand/make when determining loan terms...only lease terms. Screw it, I'm buying outright.

Well said!
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