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06-06-2008, 04:59 PM | #1 |
Certified Lease Consulant
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BMW M3 Lease Rates - June 2008
BMW Financial Services Lease Programs – June 2008
Click on the vehicle name for more information and to see payments details. 2008 BMW M3 Coupe 24 Month – Residual 61% of MSRP – .00263 Base Rate 36 Month – Residual 51% of MSRP – .00263 Base Rate 48 Month – Residual 42% of MSRP – .00263 Base Rate 60 Month – Residual 33% of MSRP – .00263 Base Rate 2008 BMW M3 Sedan 24 Month – Residual 64% of MSRP – .00263 Base Rate 36 Month – Residual 53% of MSRP – .00263 Base Rate 48 Month – Residual 42% of MSRP – .00263 Base Rate 60 Month – Residual 34% of MSRP – .00263 Base Rate 2008 BMW M3 Convertible 24 Month – Residual 58% of MSRP – .00263 Base Rate 36 Month – Residual 49% of MSRP – .00263 Base Rate 48 Month – Residual 39% of MSRP – .00263 Base Rate 60 Month – Residual 31% of MSRP – .00263 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 Compare Lease Payments for Used BMW Models HERE Use the following formula to calculate a lease payment: (Cap Cost – Residual Value) / Term = Depreciation (Cap Cost + Residual Value) X Money Factor = Interest Depreciation + Interest = Base Monthly Payment NOTE: These lease programs are provided by dealer partners of LeaseCompare.com and are for reference only. Rates may vary by region. Your dealer has the option of offering you a higher rate. To make sure you are getting the best lease, compare these rates through an independent leasing source such as LeaseCompare.com. Here is a great online publication about leasing: Auto Lease Insider.
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06-08-2008, 02:21 AM | #3 |
Tired of feather footed //M drivers
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Does anyone believe that a coupe or convertible will really depreciate faster than a sedan? I suppose that's easier for BMW to do than add a "your car is slightly more popular tax."
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06-08-2008, 09:39 AM | #5 | |
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Drives: F80 M3
Join Date: Jul 2007
Location: WHO DAT NATION
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Quote:
It's not like those residuals are actually what the car will be worth... who can predict that? Ask an SUV owner... people that leased giant behemoth SUV's hate gas prices but are very thankful they won't have to sell the behemoth at the end of their lease.
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2015 SO/SO MT M3 :: Exec : Lighting : Adaptive : HK : CF trim : Full leather : DAP : Black 19's : sunshade
Crystalline tint 40%/70% on windshield : M performance mirrors, spoiler, splitters : Status Gruppe CF lip : RKP diffuser : Fully dechromed Bavsound Stage 1 : V1 Savvy hardwired : Self-coded |
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06-08-2008, 11:52 AM | #6 |
Tired of feather footed //M drivers
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Totally understood, hence my "tax" comment, but I guess it bothers me as a financial analyst. They should just call it a factory incentive on slower selling cars, because that's all it is. In the end there is no difference in dollars, and I think incentives are perfectly fair, but this is just a way of playing with numbers so you won't have to do something different that will hurt you from a marketing standpoint. BMW can still say "we don't offer factory incentives like those silly Americans," as technically they haven't offered any cash discount on a slow selling car. They just tweak the resids to get the payment down. On Wall Street you go to jail for some creative math, but it's pretty accepted everywhere else. I don't have to go to work until tomorrow, maybe a little this afternoon, so I'm taking my "work hat" off right now. The Canadian Grand Prix starts in 8 minutes, so I'm off. Go Kimi!
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06-08-2008, 03:06 PM | #8 |
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yeah, unless i'm missing something here, these lease rates are terrible. there are countless financing possibilities with payments lower than ~$1300/month out there.
no offense, leasecompare. |
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06-08-2008, 04:58 PM | #9 |
Tired of feather footed //M drivers
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I suppose it's logical. BMW won't CPO the M3s that they get back after lease-end, so they don't have the same incentive to promote leases.
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