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01-07-2010, 11:04 AM | #1 |
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BMW M3 Auto Lease Rates - January 2010
BMW Auto Lease Programs Effective January 2010
These lease rates and residuals are provided courtesy of LeaseCompare.com by dealer partners and are NOT for redistribution. This information is to help you evaluate different lease offers from your BMW dealer and an independent leasing company. Heres the scoop 1) Use the data listed below each vehicle model, and the Lease Formula at the bottom of this page, to calculate the manufacturer (captive) lease payment. 2) Compare Vehicle Pricing and Bank Lease programs by clicking on the vehicle model name to see instant lease payments. When available, specials are shown with payments. 3) Youve done your homework, now choose the best lease and start driving your car! NOTE: Choosing a lease program, captive or bank, with the lowest money factor and a realistic residual value will provide you with the best overall lease deal. Message me for help on using this data or leasing in general. 2010 BMW M3 Sedan 24 Month Residual 54% of MSRP .00245 Base Rate 36 Month Residual 49% of MSRP .00245 Base Rate 48 Month Residual 38% of MSRP .00245 Base Rate 60 Month Residual 32% of MSRP .00245 Base Rate CLICK for $929 / 39mo Lease Special 2010 BMW M3 Coupe 24 Month Residual 55% of MSRP .00245 Base Rate 36 Month Residual 51% of MSRP .00245 Base Rate 48 Month Residual 37% of MSRP .00245 Base Rate 60 Month Residual 31% of MSRP .00245 Base Rate 2010 BMW M3 Convertible 24 Month Residual 51% of MSRP .00245 Base Rate 36 Month Residual 47% of MSRP .00245 Base Rate 48 Month Residual 36% of MSRP .00245 Base Rate 60 Month Residual 31% of MSRP .00245 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 Lease Payment Calculation Formula: (Cap Cost Residual Value) / Term = Depreciation (Cap Cost + Residual Value) X Base Rate = Interest Depreciation + Interest = Base Monthly Payment Terms Used in Lease Formula: CAP COST = Vehicle Purchase Price (amount financed) RESIDUAL VALUE = MSRP (window sticker) X Residual % TERM = Length of Lease in Months (3 years = 36 months) BASE RATE = Dealers Buy Rate (dealer can mark this up for profit) NOTE: The manufacturer (captive) lease programs provided are for reference only. Base Rates may vary by region. Your dealer has the option of offering you a higher rate. Compare Lease and Loan Payments for Used BMW Models HERE Visit Auto Lease Insider for leasing info you wont find anywhere else! Captive lease programs for other vehicle makes available here: Manufacturer Auto Lease Rates
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01-14-2010, 07:14 PM | #4 |
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Good god those residuals are terrible. An '09 335i has a 63% residual after 36 months and the M3 has 49-51%? Who in their right mind leases one of these things?
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01-15-2010, 01:28 AM | #5 |
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Me crazy.
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2015 BMW M5 Sedan Returned to BMW at end of lease.
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01-19-2010, 01:56 AM | #6 |
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To me, the residual isn't that important, sure a higher residual lowers your monthly payment, but it reduces any potential equity at lease end. With the M3 leases, you will probably have equity to sell the car outright at lease end and pocket a bunch of cash. A lower residual actually gives you more lease end options.
The money factor on the other hand is quite high for the M3 compared to the rest of the BMW lineup. About 5.88% equivalent on a loan. Still pretty reasonable and you can't do much better on financing with an outside bank or with BMW (unless BMW is running a special). Therefore, leasing makes perfect sense on an M3. |
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01-24-2010, 04:42 PM | #7 | |
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Quote:
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01-24-2010, 08:21 PM | #9 | |
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01-25-2010, 03:04 AM | #10 | |
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Drives: MW Vespa w/pink racing stripes
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this was more of a sure thing before the economy took a nosedive... |
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01-25-2010, 06:00 PM | #11 |
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I get that a low MF, low residual lease is more desirable than a high residual, high MF lease with the same payment, but I think the benefits of counting on having equity at lease end to offset the payment expense are pretty limited.
With higher residual leases: 1. If the car worth less than the buyout you just turn it in, or you have leverage to negotiate on the buyout amount with the dealer. With the lower residual BMWFS is effectively shifting the risk of a market collapse onto the lessee, which eliminates one of the big positives of leasing to begin with. 2. If the car is wrecked and repaired you can walk away from it at lease end without a second thought. If your M3 is hit any equity you might have seen at lease end is likely up in smoke. With the way people drive these days and the value hit specialty cars take with accident damage this isn't something to be ignored IMHO. Obviously if you're "leasing to own" because of the tax break and you're buying the car come hell or high water at lease end the low residual is a good thing. Outside of that scenario... IMHO the bottom line is that, except for the fire sale leases in late '08 and early '09, the lease terms on current M cars have been pretty brutal. It's still the way to go for some people (especially those that can utilize the potential tax breaks), but BMW is definitely not concerned about "moving the metal" with M3 terms as they are. |
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01-26-2010, 07:13 PM | #12 |
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Can you expand on what kind of tax breaks you're referring to? Or at least point me in the direction of finding more information...thanks.
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01-27-2010, 04:56 PM | #14 | |
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