My M3 lease deal

[llis]

My monthly, including tax, is not as low as $765 (my MSRP is higher). But I am putting out only $1000 for my first payment, no second payment, then the regular payments after that. No bank fees, prep fees, tire frees, etc. However I will indeed pay a price when I get my plates 60 days after US arrival. How could I not go M3 E93 when you can get much less car for the same price?

[alipali]

Will do, splooge. I guess you don't live in OC as your tax isn't 8.125%?

[Dntlvet]

I wonder what the cash price out the door would be!

[Splooge911]

Originally Posted by alipali

Will do, splooge. I guess you don't live in OC as your tax isn't 8.125%?

Nope, Im Rockland County 8.375%

Funny story - I was in NJ over the weekend with my wife and I wanted her to drive the M3 since she hadn't yet and she has to hear me talk about the car everyday. So we went in and asked for a test drive and she loved it. I drove a little to and loved it again. I was curious to see what price they would throw at me so I had the guy run the numbers (I know thats mean but what the hell). I priced out the car the same way I have now at and the guy comes back with $950 per month with $3,200 out the door. I almost fell out of my chair. I was going to just walk out but then he made me laugh when he goes "we are selling it at invoice and making no money". My wifes eyes lit up because she knew I was going to go round 2 with this guy. I pull up edmunds pricing on his computer and a lease calculator and show him where this price should be. He comes back at $865 per month. I go " wow, from making no money a min ago to being able to now drop $3000+ off the payment?" He said he would rather get the dealership sales numbers up and lose some money to make this happen.

Its really sad how they come up with these BS lines. I know the price should have been $765 per month. Its greedy dealers like this that scare people out of the BMW they really want. If i knew my budget was around $750 and he came back with $950 or then $865, id move on to a different car since I would assume I just can't afford this right n ow. Im glad I found all the info on this web site so i can go into the dealership knowing the TRUTH and what to expect

[llis]

One thing occurred to me: Those of you paying more from deals earlier in the year will have a much lower residual. Mine is over $50k. So at lease end, if the market 2013/2014 is as firm as BMW seems to believe it will be, you will have the opportunity to buy at several thousand below the going market price for what is essentially the same car, which could mean a buy/sell profit opportunity to get some of that margin back. Perhaps cold comfort. I'll shut up now.

[cavasoti]

Originally Posted by Splooge911

Nope, Im Rockland County 8.375%

Funny story - I was in NJ over the weekend with my wife and I wanted her to drive the M3 since she hadn't yet and she has to hear me talk about the car everyday. So we went in and asked for a test drive and she loved it. I drove a little to and loved it again. I was curious to see what price they would throw at me so I had the guy run the numbers (I know thats mean but what the hell). I priced out the car the same way I have now at and the guy comes back with $950 per month with $3,200 out the door. I almost fell out of my chair. I was going to just walk out but then he made me laugh when he goes "we are selling it at invoice and making no money". My wifes eyes lit up because she knew I was going to go round 2 with this guy. I pull up edmunds pricing on his computer and a lease calculator and show him where this price should be. He comes back at $865 per month. I go " wow, from making no money a min ago to being able to now drop $3000+ off the payment?" He said he would rather get the dealership sales numbers up and lose some money to make this happen.

Its really sad how they come up with these BS lines. I know the price should have been $765 per month. Its greedy dealers like this that scare people out of the BMW they really want. If i knew my budget was around $750 and he came back with $950 or then $865, id move on to a different car since I would assume I just can't afford this right n ow. Im glad I found all the info on this web site so i can go into the dealership knowing the TRUTH and what to expect

This is what has been happening to me in NJ.. these dealers are all coming with $950+ monthly payment and I want to stay around $800. I am seeing a bunch of good deals here in the forum that wont match what the dealers here are saying.. what should I do? pressure them? im gonna look into edmunds caculator too.. also, I went to BMW a couple weeks ago, they did an appraisal on my 2008 Evo MR at $25K, today one dealer come to me and send me a approximated appraisal of $21-23K seriously? for these and a bunch other reasons a hate sales people, they just try to rip you off every time.. I almost went to an S4 cause they wont get me the numbers I am seeing here. However, I really want the M3, so I am being persistent.

[Splooge911]

Originally Posted by cavasoti

This is what has been happening to me in NJ.. these dealers are all coming with $950+ monthly payment and I want to stay around $800. I am seeing a bunch of good deals here in the forum that wont match what the dealers here are saying.. what should I do? pressure them? im gonna look into edmunds caculator too.. also, I went to BMW a couple weeks ago, they did an appraisal on my 2008 Evo MR at $25K, today one dealer come to me and send me a approximated appraisal of $21-23K seriously? for these and a bunch other reasons a hate sales people, they just try to rip you off every time.. I almost went to an S4 cause they wont get me the numbers I am seeing here. However, I really want the M3, so I am being persistent.

Call or email Mark Forhecz at Orange County BMW. He will give you a deal below invoice. Tell him Steve sent you. Even if its a 45 min - 1 hour drive for you, just think about how awesome that ride will be home from the dealership knowing you have that much to drive and how much money you saved haha

[alipali]

Emailed him this morning... awaiting his reply.

I mentioned your name; hope you get your floor mats ok

[alipali]

Even if its a 45 min - 1 hour drive for you

er, it's about 8 mins. Though I imagine the journey home that day may take me less time...

[cavasoti]

Originally Posted by Splooge911

Call or email Mark Forhecz at Orange County BMW. He will give you a deal below invoice. Tell him Steve sent you. Even if its a 45 min - 1 hour drive for you, just think about how awesome that ride will be home from the dealership knowing you have that much to drive and how much money you saved haha

Yes, I contacted him and I will go see him on friday.
I got this deal from Paul Miller BMW:

2011 BMW M3 Coupe - Alpine White/Fox Red Extended Novillo Leather
Manual
Prem. Pkg.
Technology Pkg. (inc. Navigation)
19" Wheels w/Perf. Tires
Power Glass Moonroof
Heated Front Seats
Park Distance Control
iPod & USB Adapter

The following SELECT FINANCE quote based on 675+ credit score and exact numbers on trade would have to be determined:
With -0- down for 60 mos. @ 1.9% your payment would run $843.04 per month with balloon residual due at end of term - $25698.35

should I jump on it or wait to talk to Mark?

[Splooge911]

Originally Posted by cavasoti

Yes, I contacted him and I will go see him on friday.
I got this deal from Paul Miller BMW:

2011 BMW M3 Coupe - Alpine White/Fox Red Extended Novillo Leather
Manual
Prem. Pkg.
Technology Pkg. (inc. Navigation)
19" Wheels w/Perf. Tires
Power Glass Moonroof
Heated Front Seats
Park Distance Control
iPod & USB Adapter

The following SELECT FINANCE quote based on 675+ credit score and exact numbers on trade would have to be determined:
With -0- down for 60 mos. @ 1.9% your payment would run $843.04 per month with balloon residual due at end of term - $25698.35

should I jump on it or wait to talk to Mark?

Tell Mark that Steve told you to come to him and let him give you a quote. He'll get right back to you on email. Can't hurt to get his quote. If he is lower, you save money. If he isn't, you have peace of mind

[cavasoti]

Originally Posted by Splooge911

Tell Mark that Steve told you to come to him and let him give you a quote. He'll get right back to you on email. Can't hurt to get his quote. If he is lower, you save money. If he isn't, you have peace of mind

They are asking for me to come in to the dealership because they need to appraisal my trade in. They said Mark will be there on friday and will help me with the deal as well as give me a nice appraisal. So we will see how it goes..

[Splooge911]

Originally Posted by cavasoti

They are asking for me to come in to the dealership because they need to appraisal my trade in. They said Mark will be there on friday and will help me with the deal as well as give me a nice appraisal. So we will see how it goes..

Yea for an appraisal I guess they would have to see it. Let me know how it goes.

[Njmseriesfan]

So I had 9 months left on my 09 M3 sedan lease and wanted to see if I could trade up to a e93 with the current deals. I was over 12k on miles and had around 6200.00 left on payments. With 4500.00 total out of pocket, my lease came in at 895.00. Picking up car tomorrow evening and will post picks. 82,245.00 sticker on an 2011 E93 jerez black, extended leather, loaded up with every imaginable option. Will post pics asap! If anyone is looking for an e93, get in to the dealership by this weekend. these deals will not come around again for a while

[stevenross]

Originally Posted by Njmseriesfan

So I had 9 months left on my 09 M3 sedan lease and wanted to see if I could trade up to a e93 with the current deals. I was over 12k on miles and had around 6200.00 left on payments. With 4500.00 total out of pocket, my lease came in at 895.00. Picking up car tomorrow evening and will post picks. 82,245.00 sticker on an 2011 E93 jerez black, extended leather, loaded up with every imaginable option. Will post pics asap! If anyone is looking for an e93, get in to the dealership by this weekend. these deals will not come around again for a while

this is an unreal deal.. i have no idea how you pulled it off.. owing bmw like $8400, and walking out with only paying $4500 of that, and getting a paymentof $895.. can you please pm the dealer.. i have a payment higher than that.. without owing anything to bmw..

[stevenross]

Originally Posted by Splooge911

Call or email Mark Forhecz at Orange County BMW. He will give you a deal below invoice. Tell him Steve sent you. Even if its a 45 min - 1 hour drive for you, just think about how awesome that ride will be home from the dealership knowing you have that much to drive and how much money you saved haha

Hey guys.. i spoke to mark and he is a straight up guy.. i will be speaking with him in the future..

[truths2k05]

Originally Posted by stevenross

this is an unreal deal.. i have no idea how you pulled it off.. owing bmw like $8400, and walking out with only paying $4500 of that, and getting a paymentof $895.. can you please pm the dealer.. i have a payment higher than that.. without owing anything to bmw..

Awesome deal for sure.