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01-23-2013, 09:21 AM | #1 |
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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... |
01-23-2013, 11:58 AM | #5 |
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Thats really good numbers, I dont know about the payments but, $1520 under invoice on a M3 with barely any out there is solid
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01-23-2013, 12:30 PM | #7 |
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^ ^ yup that is terrific.
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01-23-2013, 02:03 PM | #8 |
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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.
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01-23-2013, 02:08 PM | #9 |
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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
Can't remember what my MF is but i can find out. What was the deal that you got ? |
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01-23-2013, 02:18 PM | #10 |
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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. |
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01-23-2013, 04:28 PM | #11 |
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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.
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01-23-2013, 05:24 PM | #13 |
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great numbers
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01-23-2013, 06:26 PM | #14 |
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OP, did you inquire about putting down Multiple Security Deposit (MSD) to reduce your MF? If not, it's well worth the research.
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01-24-2013, 09:27 AM | #16 |
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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. |
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01-24-2013, 09:29 AM | #17 | |
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Quote:
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 ! |
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01-24-2013, 09:37 AM | #18 | |
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Quote:
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01-24-2013, 09:42 AM | #19 |
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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!
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