BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > M3 (E90 / E92 / E93) > General M3 Forum (E90 + E92 + E93)
 
Stick to Clutch
Post Reply
 
Thread Tools Search this Thread
      02-19-2011, 07:13 PM   #1
odonns
Registered
 
Drives: 335I
Join Date: Feb 2011
Location: Washington, DC

Posts: 3
iTrader: (0)

2011 M3 vert Lease-Is this a good deal?

Forum, after looking for a replacement 335I, the M3 Vert is not much more. Here is my build, its $2500 down 12K miles per year $800 per month. What do you think?



4.0 liter, V-8 engine
Rear-wheel drive
See all standard features

.
Base MSRP
$67,550
.
Jerez Black Metallic
$550
.
Palladium Silver/Black/Black
$300
.
Carbon Leather interior trim
$500
.
Cold Weather Package
$750
.
Convenience Package
$2,900
.
Dynamic Damper Control
$1,000
.
M Double-clutch Transmission with Drivelogic
$2,900
.
Enhanced Premium Sound
$1,900
.
Satellite radio with 1 year subscription
$350
.
BMW Assist with Bluetooth
$750
.
M Embroidered Floor Mats
$139
.
Destination & Handling:
$875
.
Gas Guzzler Tax:
$1700
.
BMW Ultimate Service™
A suite of premium benefits that are included at no cost with all new BMW Vehicles.
4 Years/50,000 Miles Warranty
Included
4 Years/50,000 Miles Maintenance Program
Included
4 Years/Unlimited Mileage Roadside Assistance
Included
.
Total MSRP as Built$82,164

Last edited by odonns; 02-19-2011 at 07:50 PM.
odonns is offline  
0
Reply With Quote
      02-19-2011, 07:33 PM   #2
mgx
Banned
 
Drives: 
Join Date: Dec 2010
Location: 

Posts: 230
iTrader: (0)

Jerez Black Metallic
Palladium Silver/Black/Black
mgx is offline   Italy
0
Reply With Quote
      02-19-2011, 07:46 PM   #3
odonns
Registered
 
Drives: 335I
Join Date: Feb 2011
Location: Washington, DC

Posts: 3
iTrader: (0)

I was hoping for some feedback on the price?
odonns is offline  
0
Reply With Quote
      02-19-2011, 08:25 PM   #4
aus
Major General
 
Drives: Odysse
Join Date: Jul 2005
Location: Seal Beach, CA

Posts: 7,234
iTrader: (5)

I've seen a couple posts about people getting an E93 M3 for around $700-800/mo with no drive off. A couple got it in the $600's with Euro delivery.
__________________
Let me get this straight... You are swapping out parts designed by some of the top engineers in the world because some guys sponsored by a company told you it's "better??" But when you ask the same guy about tracking, "oh no, I have a kid now" or "I just detailed my car." or "i just got new tires."
aus is offline  
0
Reply With Quote
      02-19-2011, 08:32 PM   #5
jluhiex
New Member
 
Drives: M3
Join Date: Feb 2011
Location: Los Angeles

Posts: 19
iTrader: (0)

First off don't put any money down on a lease. Use that $2500 for monthly security deposits.

If by $2500 you mean minimum drive off then that's something else.

Ryan Amico at Steve Thomas BMW will get you a better deal. Pretty much the main issue will be negotiating an invoice price.

Things that will be required and non-negotiable: DMV Fee, Bank Fee, Tax

Doc Fee and invoice price will be negotiable (doc fee is anywhere from $50-150). Do some research on the forums to find the invoice price. Ryan Amico at Steve Thomas BMW will be up front about everything. If you need his info let me know.
jluhiex is offline  
0
Reply With Quote
      02-19-2011, 08:34 PM   #6
GOLFFRR
BimmerPost Supporting Vendor

 
GOLFFRR's Avatar
 
Drives: Golf Cart
Join Date: Mar 2009
Location: Solvang, CA/Camarillo, CA

Posts: 15,070
iTrader: (4)

^^ thank you for the shout out

OP if you would like a quote please let me know and i will get you all set up
__________________

BEFORE YOU BUY YOUR NEXT BMW, EMAIL US FIRST WE CAN HOOK YOU UP!
Need a quote or assistance? GO HERE-->http://www.bimmerdavid.com/#!blank/c1r1e
Our Parts Store--> http://www.bmwpartspros.com
GOLFFRR is offline  
0
Reply With Quote
      02-19-2011, 08:43 PM   #7
jluhiex
New Member
 
Drives: M3
Join Date: Feb 2011
Location: Los Angeles

Posts: 19
iTrader: (0)

Quote:
Originally Posted by GOLFFRR View Post
^^ thank you for the shout out

OP if you would like a quote please let me know and i will get you all set up
Leased an e93 from Ryan 2 Weeks ago. Gave me a ridiculous deal. Was in and out in less than 20 minutes.
jluhiex is offline  
0
Reply With Quote
      02-19-2011, 08:49 PM   #8
persian54
Lieutenant General
 
persian54's Avatar
 
Drives: SL550. Prev: E93 M3/335i/Z435i
Join Date: Jun 2009
Location: The Valley, SoCal

Posts: 15,724
iTrader: (289)

Quote:
Originally Posted by aus View Post
I've seen a couple posts about people getting an E93 M3 for around $700-800/mo with no drive off. A couple got it in the $600's with Euro delivery.
depends really on the original price of the car

a base e93 can be had for 700/month

but a loaded one will run in the low 800s

and they require dmv and first month payment and such
persian54 is offline   United_States
0
Reply With Quote
      02-19-2011, 08:57 PM   #9
jluhiex
New Member
 
Drives: M3
Join Date: Feb 2011
Location: Los Angeles

Posts: 19
iTrader: (0)

Quote:
Originally Posted by GhostRideTheWhip View Post
I wish a loaded coupe was that low.
Yeah I was pricing out the coupe and it was in the high $800's to low 9's
jluhiex is offline  
0
Reply With Quote
      02-19-2011, 09:19 PM   #10
RevFreak14
First Lieutenant
 
RevFreak14's Avatar
 
Drives: 09 E92 M3 DCT
Join Date: Dec 2008
Location: Miami, FL

Posts: 398
iTrader: (0)

Unbelievable. I went in a little over a year and a half ago and they wanted $1400/month for my E92 ( $ 72k sticker ). I went to two different dealerships and I got a similar number. Obviously wasn't going to pay that but I had my heart set on another M. Went with select financing and got a great rate of 0.9%, but I would have much rather leased it and gotten a new one in 3-4 years. Timing is everything I guess.
__________________
09 E92 M3, Space Grey, Fox Red, DCT - Current
05 E46 M3 - Gone
02 330ci - Gone
99 Lexus GS400 - Gone
RevFreak14 is offline   United_States
0
Reply With Quote
      02-20-2011, 02:32 AM   #11
aus
Major General
 
Drives: Odysse
Join Date: Jul 2005
Location: Seal Beach, CA

Posts: 7,234
iTrader: (5)

The E93's have a killer money factor. I got mine when it was 0.0005. It hasn't been that low again. I believe the MF on the verts are about that low.
There was a recent thread with a couple guys saying they were in the high $600's with ED on an E93. No drive off. I was skeptical but two guys said thats what they got. They were not stripped cars either.
__________________
Let me get this straight... You are swapping out parts designed by some of the top engineers in the world because some guys sponsored by a company told you it's "better??" But when you ask the same guy about tracking, "oh no, I have a kid now" or "I just detailed my car." or "i just got new tires."
aus is offline  
0
Reply With Quote
      02-20-2011, 05:13 AM   #12
kaykay
Lieutenant Colonel
 
kaykay's Avatar
 
Drives: 2011 E92 M3 ZCP
Join Date: Apr 2010
Location: SoCal

Posts: 1,770
iTrader: (0)

Garage List
The E93 leases are out of this world.

Coupes are an easy $100-$150 more b/c of the RV.

OP, that's a good deal (assuming $2.5k out the door) Unless you care to save $10-20 / off that price, that's just being a cheap ass in a $80k car

It's hilarious how some people bitch and whine about $5, $10, $15 on a lease when leasing luxury cars. (Not implying you at all OP ) Just find it funny.

I highly doubt $600 all-in on an E93 (maybe a BASE model, ED delivery, low-tax state, etc.)
__________________
'12 CLS550 Palladium Silver - loaded
'11 E92 M3 ZCP - SG/B-EXT/CF, M-DCT, loaded
'11 E93 328i, BSM over Saddle Brown, sport, loaded
'08 550i M-Sport, Carbon Black (Gone but not forgotten), '06 W211 E55 AMG (Gone, miss this animal),'01 E39 540i Sport
kaykay is offline   United_States
0
Reply With Quote
      02-20-2011, 07:02 AM   #13
GreasyGinzo
Captain
 
GreasyGinzo's Avatar
 
Drives: '08 E92 AW 6MT M3(Totaled)
Join Date: Dec 2010
Location: North Jersey

Posts: 635
iTrader: (1)

Quote:
Originally Posted by GhostRideTheWhip View Post
I wish a loaded coupe was that low.
I was window shopping about a year ago and was quoted $1200 a month on a $0 down "sign and drive" so no doc fees or taxes either lease. I think it was 36 months that had the best rates.

That was for a loaded coupe every single option but DCT
__________________
GreasyGinzo is offline   United_States
0
Reply With Quote
      02-20-2011, 09:18 AM   #14
wmo168
Lieutenant
 
Drives: '14 M235i AW
Join Date: Feb 2009
Location: South Florida

Posts: 546
iTrader: (0)

Quote:
Originally Posted by kaykay View Post
The E93 leases are out of this world.

Coupes are an easy $100-$150 more b/c of the RV.

OP, that's a good deal (assuming $2.5k out the door) Unless you care to save $10-20 / off that price, that's just being a cheap ass in a $80k car

It's hilarious how some people bitch and whine about $5, $10, $15 on a lease when leasing luxury cars. (Not implying you at all OP ) Just find it funny.

I highly doubt $600 all-in on an E93 (maybe a BASE model, ED delivery, low-tax state, etc.)

It is possible,

$544 quoted for states of florida exclude tax. BASE NO OPTIONS doing ED $577 @ 6% tax rate in Florida.
__________________
InTransit [14' M235i F22 AW-ED 06/16/14] RETIRED [12' 335i F30 AW-ED 05/01/11 PCD 07/01/11] [11' M3 E93 MW-ED 08/13/09 PCD 10/14/09] [09' 135i E82 AW] [07' 335i E90 SB]

[ED Photo 12'] [ED Photo 11'] [ED Photo 09'] [PCD Photo 09']
wmo168 is online now  
0
Reply With Quote
      02-20-2011, 11:03 AM   #15
Sam@ModeCarbon
BimmerPost Supporting Vendor

 
Sam@ModeCarbon's Avatar
 
Drives: using 3 pedals
Join Date: Nov 2010
Location: NY l LA

Posts: 3,119
iTrader: (2)

Before I ordered the one I did the one that I was looking at too lease(e90) which i believe was fully loaded, 2500 down the payment was almost a 1000
__________________
Sam@ModeCarbon is offline  
0
Reply With Quote
      02-22-2011, 06:56 PM   #16
Daytona Bones
Registered
 
Drives: BWM E60 M5
Join Date: Jul 2010
Location: Florida

Posts: 3
iTrader: (0)

Quote:
Originally Posted by odonns View Post
Forum, after looking for a replacement 335I, the M3 Vert is not much more. Here is my build, its $2500 down 12K miles per year $800 per month. What do you think?



Total MSRP as Built$82,164
What is the price of the sale? Current MF for leases until the end of February is 0.0009. How many years is the lease? If 3 years the residual would be 63%. Your quote of $800 per month is very good. Does that include monthly tax?

I just leased an M3 vert, custom build with MSRP of about $82,200. I got 3K off that price. That is about 3K over invoice, which is still not a great financial deal. In general I think that most people could negotiate a lower ultimate sales price. However, in my case, this is the only dealer in town and they provide very good service after the sale. This includes valet service from my work or home for all service appointments and all communication with the SA are done done via texting or direct calls to their cell phone any time I need. I am ok with paying the premium for good service. They have a very good track record with my current E60 M5.

But anyway, with that said, the price payment they offered for 12K per year (I went with 15K per year) with $1659 drive off (I do not need to give the $1500 deposit being a return BMW customer) is $915 per month before monthly tax. It sounds like yours is a good deal... Is any of the $2500 that your paying being used to pay down your monthly rate or is it a combination of first month, delivery fees and security deposit?

DB
Daytona Bones is offline  
0
Reply With Quote
      02-23-2011, 02:08 PM   #17
persian54
Lieutenant General
 
persian54's Avatar
 
Drives: SL550. Prev: E93 M3/335i/Z435i
Join Date: Jun 2009
Location: The Valley, SoCal

Posts: 15,724
iTrader: (289)

Quote:
Originally Posted by odonns View Post
Forum, after looking for a replacement 335I, the M3 Vert is not much more. Here is my build, its $2500 down 12K miles per year $800 per month. What do you think?

Total MSRP as Built$82,164

if it's 2500 DRIVE off and 800/month tax INCLUDED

take it immediately

but, if it's plus tax... and 2500 down plus d/o, you're looking at 4200 drive off 880 a month

then it's not a good deal
persian54 is offline   United_States
0
Reply With Quote
      02-23-2011, 03:12 PM   #18
M3PGH
Lieutenant
 
Drives: M5
Join Date: Mar 2009
Location: Pittsburgh,PA

Posts: 480
iTrader: (0)

whats a relatively stripped e92 leased going for these days?
M3PGH is online now   United_States
0
Reply With Quote
      02-23-2011, 04:39 PM   #19
persian54
Lieutenant General
 
persian54's Avatar
 
Drives: SL550. Prev: E93 M3/335i/Z435i
Join Date: Jun 2009
Location: The Valley, SoCal

Posts: 15,724
iTrader: (289)

Quote:
Originally Posted by M3PGH View Post
whats a relatively stripped e92 leased going for these days?
email:

ramico@stevethomasbmw.com
persian54 is offline   United_States
0
Reply With Quote
      02-28-2011, 02:15 PM   #20
iDriveEurope
Enlisted Member
 
Drives: 2011 m3 e90 Jerez
Join Date: May 2010
Location: los angeles

Posts: 46
iTrader: (0)

Just pulled the trigger on a 2011 e93 m3, fully loaded minus 19'' and upgraded sound, doing ED. Paying drive off. 36 month, 10k /year. Got if for $590/month bf state tax!!
iDriveEurope is offline  
0
Reply With Quote
      02-28-2011, 02:39 PM   #21
persian54
Lieutenant General
 
persian54's Avatar
 
Drives: SL550. Prev: E93 M3/335i/Z435i
Join Date: Jun 2009
Location: The Valley, SoCal

Posts: 15,724
iTrader: (289)

Quote:
Originally Posted by lemans335i View Post
Just pulled the trigger on a 2011 e93 m3, fully loaded minus 19'' and upgraded sound, doing ED. Paying drive off. 36 month, 10k /year. Got if for $590/month bf state tax!!
so MSRP of 79000? (not ED price, regular US MSRP)

so 660 after taxes?

Very nice!

If you had the 19s and prem sound, you'd be looking at about 690/month with taxes i think

still a great deal. 110 less per month than me.... damn 4k.. yeah that was the savings i would have had if I had done ED.
One day

congrats though!!
and take pictures!
persian54 is offline   United_States
0
Reply With Quote
      02-28-2011, 03:10 PM   #22
iDriveEurope
Enlisted Member
 
Drives: 2011 m3 e90 Jerez
Join Date: May 2010
Location: los angeles

Posts: 46
iTrader: (0)

$645 after taxes. Didn't price w/ sound but w/ 19'' it was $670, but I like the look of the gunmetal 18'' w/ space gray and everyone here has the 19''. Who knows I might get some VMRs. On target with MSRP. One thing I did was put the max security deposit (refunded at the end of the lease) which effectively bought down my money factor to .41. The only reason I decided on the security deposit is I am lemoning my '10 e90 335 and bmw is writing me check. This will be my 2nd ED is 12 months!!! http://www.m3post.com/forums/images/.../happyanim.gif
1st time was with wife and baby. This time with a friend and we're going straight to nurbergring!!!

PS - is your friends wind deflector still available??



Quote:
Originally Posted by persian54 View Post
so MSRP of 79000? (not ED price, regular US MSRP)

so 660 after taxes?

Very nice!

If you had the 19s and prem sound, you'd be looking at about 690/month with taxes i think

still a great deal. 110 less per month than me.... damn 4k.. yeah that was the savings i would have had if I had done ED.
One day

congrats though!!
and take pictures!
iDriveEurope is offline  
0
Reply With Quote
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 01:36 PM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST