Looking to lease.. what kind of pricing should i expect?

[ac419]

Hello Everyone,

I'm looking to lease an 2011 M3 coupe. I wanted to see what kind of monthly payment as well as down payments I will be putting down. I'm also in Southern California.. I wanted to see if anyone has any recommendations for which dealership and sales person to speak with. Thanks.

-Alex

[Leonardo629]

what's your budget sir?

[davedave]

my friend did ED, 841 bux including tax, 3k drive off

[GOLFFRR]

shoot me a pm with your info and i will get you the best price you can get out there. Also will be able to answer any questions you have. Cheers

[outie]

The convertible actually has lower payment than the coupe for the month of May because of the higher residual. There was a post about lease payment being $8xx/mo for the convertible.

As far as dealer recommendation, Philippe Kahn @ South Bay BMW.

[Powerbeast]

Originally Posted by outie

The convertible actually has lower payment than the coupe for the month of May because of the higher residual. There was a post about lease payment being $8xx/mo for the convertible.

As far as dealer recommendation, Philippe Kahn @ South Bay BMW.

I got my convertible 2 months ago,$81,500 sticker $2,500 drive off and Im paying $1,476 a month.

[outie]

Right... 2 months ago. The residual skyrocketed for MY2011 E93 in May...

[ac419]

wow everyone is real helpful

my budget is $800-950.. but of course lower monthly payment is always best

-Alex

[richardbb85]

Originally Posted by ac419

wow everyone is real helpful

my budget is $800-950.. but of course lower monthly payment is always best

-Alex

definitely doable with a conv

here is the lease deal i just got for 36 months, spec in sig

12k miles for $968

15k miles for $998

[kaykay]

Originally Posted by Powerbeast

I got my convertible 2 months ago,$81,500 sticker $2,500 drive off and Im paying $1,476 a month.

You got handled and you bought at MSRP... Uyuyuyuy

[Leonardo629]

I just notice you're in Rowland as well....

I can take you to my client adviser at Monrovia....

[polepositionII]

Originally Posted by Powerbeast

I got my convertible 2 months ago,$81,500 sticker $2,500 drive off and Im paying $1,476 a month.

Dont want to make you feel bad but.........

I am acutely aware of much more favorable terms if you were to lease a convertible M3 today as opposed to your deal as described above. Im talking CONSIDERABLY cheaper. Nothing down, taxes in, payments around $1000 give or take $100 depending on your options. Im sorry.

[ac419]

Originally Posted by davedave

my friend did ED, 841 bux including tax, 3k drive off

what's ED? thanks.

[ac419]

Originally Posted by Leonardo629

I just notice you're in Rowland as well....

I can take you to my client adviser at Monrovia....

yup i'm from rowland as well

how satisfied are you with assel?

[thepennster]

Originally Posted by ac419

what's ED? thanks.

European Delivery. You get to save lots of money on your car, and you have to go pick it up in Germany. Do a search, there's tons of info on these boards =)

[Leonardo629]

Alex,

I can't speak for the dealership, buy my CA there really takes care of me...

I was able to get my M3 for $1000 over invoice, and I thought it's a fair deal on such a small volume car.

[BigHat]

Originally Posted by Leonardo629

Alex,

I can't speak for the dealership, buy my CA there really takes care of me...

I was able to get my M3 for $1000 over invoice, and I thought it's a fair deal on such a small volume car.

I purchased my 2011 E93 in early Feb and the lease rates and residuals were horrible. I glad to hear the residuals are better now, but I understand your situation. I was quoted a similar amount (ballpark anyway) with about 7% off sticker on a $83K car.

[kaykay]

I can get them for $1,000 over invoice if not a little less for whoever wants one. I personally am getting bottom line invoice but that's me

I'm not a dealer but I've been buying cars from the same place for 15 years and they take care of my friends and family.

I just took care of my buddy who got into a brand new 2011 535i for $2k off MSRP - and that's an MSRP car - hottest BMW to buy right now.

Good luck OP, PM if you need help.

[richardbb85]

Originally Posted by Powerbeast

I got my convertible 2 months ago,$81,500 sticker $2,500 drive off and Im paying $1,476 a month.

almost 1500..........that is a lot.........

[kaykay]

Originally Posted by richardbb85

almost 1500..........that is a lot.........

He got nailed with bad residuals, bad lease terms and a car at MSRP.

[jlee]

I'm looking a an M3 convertible and its a $72.5K MSRP and I think my deal will end up being $3K out the door, and $850/per month

Jeff

[ac419]

thanks for the help everyone.. i'm in no rush.. so i'm just gonna keep in touch with a few dealerships until i find something i really like. unless someone has some KILLER deal.. please post it up

thanks!

Alex