|
|
08-06-2009, 02:07 PM | #1 |
New Member
1
Rep 20
Posts |
Opinions please on 08 e90 M3?
Looking into a 08 e90 M3 12,500 miles Jerez Black fully loaded 6MT CPO'D. Opinions on price and should I finance or lease? What are the current finance and lease rates for 08 models?
A BMW stealership was trying to get me at 7.9% and was saying that the M3 didn't have special rates right now... Thanks!!! I'm still searching for a great deal. |
08-06-2009, 02:13 PM | #2 |
Enlisted Member
3
Rep 39
Posts
Drives: 2008 e90 M3 6mt
Join Date: Feb 2008
Location: Colorado
|
How much are they asking? 7.9% seems way high, BUT there might not be any deals on '08 Financing...
|
Appreciate
0
|
08-06-2009, 02:18 PM | #3 |
New Member
1
Rep 20
Posts |
|
Appreciate
0
|
08-06-2009, 03:31 PM | #4 |
Colonel
218
Rep 2,339
Posts |
Lease and finance rates on used are typically not as good as what is offered for new cars from my experience.
__________________
2016 Porsche Cayman GTS - Sapphire Blue / Black Full Leather Interior / Carrera S Wheels
|
Appreciate
0
|
08-06-2009, 03:47 PM | #5 | |
Major General
684
Rep 5,069
Posts
Drives: BMW 230i Msport w/LSD
Join Date: Nov 2007
Location: Astral Projecting: ∞ 23.516 -122 02.625 0242.101 ĕv'rē-hwâr'
iTrader: (16)
Garage List 2009 Porsche 911 997.2 [10.00]
2019 Hyundai N (Sold) [10.00] 2013 BMW M3 (Sold) [10.00] 2011 1M Coupe (Sold) [8.78] 2008 E90 M3 (Sold) [8.60] 2007 Z4 Mcpe (Sold) [9.50] 2005 BMW M3 (Sold) [10.00] |
Quote:
This is the current rate specials that BMW NA is offering on used vehicles:
__________________
|
|
Appreciate
0
|
08-06-2009, 04:56 PM | #6 |
All your 1 are belong to us!!!
20
Rep 658
Posts |
There's no subvented financing from BMW Financial on '08 M3s, so you're going to have a bank rate loan. If you're a good credit risk the dealer can probably get you a loan in the 5-6% range, just make your deal contingent on them passing along the buy rate on your loan to you.
|
Appreciate
0
|
08-06-2009, 05:35 PM | #7 |
New Member
1
Rep 20
Posts |
Thanks to everyone who responded!
Do you think a lease is worth it? Penalties for going over alloted miles per year? I believe its like 10,000 miles per year? After 3 years, what do you do next in a lease? What are your options? |
Appreciate
0
|
08-06-2009, 06:09 PM | #8 |
Major General
247
Rep 6,125
Posts |
Those special finance rate is always for 3 years old models.
Most of BMWs on the street are 3 years lease so BMW always have too many lease retunes for 3rd year car so that's their way to get rid of it quickly. CPO/Special APR. When you're not qualified for it, your lease rate is pretty bad. Depends on your sale tax rate, I think you can shave 1 - 3k down from there. And look for Penfed for 3.9% used car apr.
__________________
PAST: F80 M3 ZCP | 911.1 C2S | F10 M5 ZCP | E70 X5M | E90 M3 | E46 M3 | E36 M3 |
Appreciate
0
|
08-07-2009, 12:08 PM | #9 | |
Private First Class
9
Rep 125
Posts |
Quote:
For CPO car , I think 50 to low 50 would be deal |
|
Appreciate
0
|
08-07-2009, 03:39 PM | #10 |
Second Lieutenant
93
Rep 236
Posts |
why would you need cpo its still under the bmw warranty. 56k is a little much when people on this board were fetching them for 49k a few months ago.... and the economy is still in the crapper.
|
Appreciate
0
|
Post Reply |
Bookmarks |
Thread Tools | Search this Thread |
|
|