BMW M3 Lease Rates - April 2008

[LeaseCompare]

BMW Financial Services Lease Programs – April 2008

Special bank lease programs for these models are available through independent leasing source LeaseCompare.com. Click on the vehicle name for more information and to see payments details.

2008 BMW M3 Coupe
24 Month – Residual 64% of MSRP – .00258 Base Rate
36 Month – Residual 53% of MSRP – .00258 Base Rate
48 Month – Residual 43% of MSRP – .00258 Base Rate
60 Month – Residual 35% of MSRP – .00258 Base Rate

2008 BMW M3 Sedan
24 Month – Residual 66% of MSRP – .00258 Base Rate
36 Month – Residual 55% of MSRP – .00258 Base Rate
48 Month – Residual 44% of MSRP – .00258 Base Rate
60 Month – Residual 35% of MSRP – .00258 Base Rate

2008 BMW M3 Convertible
24 Month – Residual 58% of MSRP – .00258 Base Rate
36 Month – Residual 49% of MSRP – .00258 Base Rate
48 Month – Residual 39% of MSRP – .00258 Base Rate
60 Month – Residual 31% of MSRP – .00258 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.

[M3MIKE]

So What would $70850 M3 coupe run me for 24 or 36 months. 10k or 12k miles Can you do the math for me?

[BMW3R]

Originally Posted by M3MIKE

So What would $70850 M3 coupe run me for 24 or 36 months. 10k or 12k miles Can you do the math for me?

There is a calculator on their web site if you follow the link above.

[Davinhci]

thanks

[!Xoible]

wow, money factor already went down. good news for sure!

[BMoney]

No...it's the same as March.

[!Xoible]

MF was 0.00275, wasnt it?

[BMoney]

Originally Posted by mantis

MF was 0.00275, wasnt it?

I'm pretty sure it was .00258. I was quoted .00275 by a dealer and I know they were marking it up a bit. In the end I managed to get .00187 from an outside bank....saved me 50 bucks a month.

[LittleRocket]

BMoney which bank did you use ? Did they Finance Manager find it for you or did find the bank yourself ?

[BMoney]

Originally Posted by LittleRocket

BMoney which bank did you use ? Did they Finance Manager find it for you or did find the bank yourself ?

I'm not sure what bank it's with....The GM found it.

[!Xoible]

i found US Bank the cheapest, FYI thru leasecompare.com

[xxruffdmxx]

Originally Posted by mantis

i found US Bank the cheapest, FYI thru leasecompare.com

The lease rate is the same as in March (.00258). I called leasecompare.com and they quoted me higher than BMWFS, despite their substantially lower money factor.

[!Xoible]

interesting, i got like $80 cheaper... idk

[xxruffdmxx]

Originally Posted by mantis

interesting, i got like $80 cheaper... idk

If you don't mind sharing, how much are you paying per month?
My car is MSRP 70,175 (with gg tax). After painful negotiations, I got my dealer down to 1235/month (tax in the lease at 6%) for 36months and 10K miles/year.

Lease compare quoted me at 1275 with tax in the lease.

[!Xoible]

Originally Posted by xxruffdmxx

If you don't mind sharing, how much are you paying per month?
My car is MSRP 70,175 (with gg tax). After painful negotiations, I got my dealer down to 1235/month (tax in the lease at 6%) for 36months and 10K miles/year.

Lease compare quoted me at 1275 with tax in the lease.

regardless how much down, it was still cheaper (i assumed 2k down for leasecompare and for bmwfs). what you gotta do is play with the term. for 36 month bmwfs is cheaper, for 39 months leasecompare is cheaper than bmwfs' 42 month lease. you basically gotta play with variations. but for 10 miles @ 1235 might be too much? i thought those are rates for like 15k miles a year... idk

[xxruffdmxx]

Originally Posted by mantis

regardless how much down, it was still cheaper (i assumed 2k down for leasecompare and for bmwfs). what you gotta do is play with the term. for 36 month bmwfs is cheaper, for 39 months leasecompare is cheaper than bmwfs' 42 month lease. you basically gotta play with variations. but for 10 miles @ 1235 might be too much? i thought those are rates for like 15k miles a year... idk

i have nothing concrete to bring to my dealership. Like I said leasecompare quoted me at 1275 with tax in the payment for the same lease as BMWFS. I know this payment is too much, but I feel like there's nothing I can do. Other people are not telling me what they are paying. I'm stuck

[!Xoible]

when's ur car arriving? try contacting US Bank directly or wells fargo or something and get something in your hand walking into the dealer