How is this M3 Sedan deal?

[dianuh]

MSRP $65720...SELLING PRICE $60100...10,000 MILES A YEAR..MONEY FACTOR .00025...$5000.00 TOTAL DRIVE OFF..$618 A MONTH PLUS TAX.

Prem, Tech, Fold Down, Heated, PDC, iPod, Premium Sound

[mach330]

everything looks good except for the money down. waaaaaaay too much. you should be paying $2K at most for drive off if not pretty close to none at all.

[dianuh]

what would you say it should be?

or what should the payment per month be with that amount down?

[FStop7]

putting money down on a lease seems like a bad idea since if anything happens to the car you're out that money. doesn't BMW let you do multiple security deposits, though? that money would be refundable if the car got ripped off or totaled.

[Crazy Bimmer]

The problem is that selling price. You should be getting the car for at least 8-10k under sticker. Work on that and you wont have to put down so much.

[slalomfever]

Originally Posted by FStop7

putting money down on a lease seems like a bad idea since if anything happens to the car you're out that money. doesn't BMW let you do multiple security deposits, though? that money would be refundable if the car got ripped off or totaled.

multiple security deposits are only allowed in certain states.

Overall, are you putting a total of $5000 down or is it $5k down plus taxes?

[Fkellym3]

wow..the price has gone up.. i bought my m3 for 53k...(2008) i am surprised

[positiveions]

wait, am I missing something? What year E90 is this? I am assuming 08

[dianuh]

Originally Posted by eatrach73

wait, am I missing something? What year E90 is this? I am assuming 08

it is 08.

[dianuh]

Originally Posted by slalomfever

multiple security deposits are only allowed in certain states.

Overall, are you putting a total of $5000 down or is it $5k down plus taxes?

total of $5k