M3 Sedan Lease: $836/mo

REP1KRR · 03-04-2008, 05:11 PM

I finally got an official lease offer from my dealer (dealership manager).

So, I was right about my continued prediction of an M3 lease below $1000/month. I think these numbers are great.

Lease quote is based on the following...

E90 M3 Sedan
Price at MSRP base of $55,875
(53,800 base + 775 destination + 1,300 GGT)
Down payment: $2,500
BMW Financial Services
Per month rate

Money Factor: 0.00280

36 month: [residual]
- 15K: $890 [55%]
- 12K: $862 [57%]
- 10K: $848 [58%]

42 month: [residual]
- 15K: $872 [50%]
- 12K: $849 [52%]
- 10K: $836 [53%]

RED: new info

.

!Xoible · 03-04-2008, 05:35 PM

from that residual is approximately 60+% assuming MF is .00275

or MF is less than 0.00175... good news for sure

please update us when those numbers asap. call him again man

lucid · 03-04-2008, 05:45 PM

Based on those numbers, a reasonably optioned sedan at around $65k MSRP should run ~$1100/month with $2.5k down?

!Xoible · 03-04-2008, 05:52 PM

Quote:

Originally Posted by lucid

Based on those numbers, a reasonably optioned sedan at around $65k MSRP should run ~$1100/month with $2.5k down?

yah i cant get residual and MF from just the monthly payment, but i did 2 scenarios pushing either of the factors to the extreme. my MSRP is 68,825 resulted in ~1050. if this is the case im happy mucho happy

lucid · 03-04-2008, 05:57 PM

Quote:

Originally Posted by mantis

yah i cant get residual and MF from just the monthly payment, but i did 2 scenarios pushing either of the factors to the extreme. my MSRP is 68,825 resulted in ~1050. if this is the case im happy mucho happy

Are you getting a sedan?

REP1KRR · 03-04-2008, 05:59 PM

Quote:

Originally Posted by lucid

Based on those numbers, a reasonably optioned sedan at around $65k MSRP should run ~$1100/month with $2.5k down?

I looked back at a post I made in January [HERE], and my estimate of using Price x 1.5299% was really close to this real-quote I got today (1.543% is actually dead-on). Given that factor-estimate of a 1.543% puts you just at exactly $1,000/month ($1,003 & 36/12K/2500 applies).

Its rough, but I'd bet pretty accurate (accurate enough anyway).

I bet the E92 will be a little more expensive though (residual a little lower maybe).

lucid · 03-04-2008, 06:03 PM

Quote:

Originally Posted by REP1KRR

I bet the E92 will be a little more expensive though (residual a little lower maybe).

Yep, when I looked into this to make the buy vs. lease decision, I estimated the coupe payments to be around $1100-$1200.

par4bmw · 03-04-2008, 06:05 PM

Quote:

Originally Posted by lucid

Yep, when I looked into this to make the buy vs. lease decision, I estimated the coupe payments to be around $1100-$1200.

With $0 down and taxes, this looks in line what others have calculated

MFL101 · 03-04-2008, 06:07 PM

This is totally different from the lease quotes I have recieved...please let me know the Money Factor...

Lowest I can get (with MSDs) is $1135 (24mo/10k). MSRP of $68,500

SpencerM3 · 03-04-2008, 06:45 PM

That sounds about right, but how about once you add options?

88stlgrym3 · 03-04-2008, 08:16 PM

yeah, but who's going to order a based model m3? with couple the options msrp will be around 65k in no time.

BMW3R · 03-04-2008, 09:21 PM

I would rather buy a loaded 335 before I would get a base M3. So, I am going to get a fully loaded M3!

REP1KRR · 03-04-2008, 10:08 PM

Quote:

Originally Posted by mantis

please update us when those numbers asap. call him again man

I received the money factor and some residuals. He provided all of them, however the 42 month 10K & 12K mile %'s don't seem correct. I'm confirming those with him. I should know tomorrow.

But for now, see original post above with new info.

par4bmw · 03-04-2008, 10:19 PM

Quote:

Originally Posted by REP1KRR

I received the money factor and some residuals. He provided all of them, however the 42 month 10K & 12K mile %'s don't seem correct. I'm confirming those with him. I should know tomorrow.

But for now, see original post above with new info.

Those match the table pulled from the BMW memo in the earlier thread. The 42 should be 50%, 52% & 53%. The 2% for 12K and 3% for 10K are typical.

!Xoible · 03-05-2008, 02:28 AM

can u get figures for E92 please man?? please

Jimmyz · 03-05-2008, 02:58 AM

Quote:

Originally Posted by mantis

can u get figures for E92 please man?? please

For 36 months, 12k miles, base car (MSRP + dest + gas guzzler), using the MF of .00280 (although I thought it was .00275, not a big difference regardless though) and with 0 down payment (around 2500.00 due at signing):

$986.50 a month + tax

REP1KRR · 03-05-2008, 10:24 AM

Quote:

Originally Posted by par4bmw

Those match the table pulled from the BMW memo in the earlier thread. The 42 should be 50%, 52% & 53%. The 2% for 12K and 3% for 10K our typical.

You're correct. Dealer confirmed this morning.

Remaining residuals added to the original post above.

REP1KRR · 03-05-2008, 10:51 AM

Quote:

Originally Posted by mantis

can u get figures for E92 please man?? please

36 month: [residual]
- 15K: [53%]
- 12K: [55%]
- 10K: [56%]

42 month: [residual]
- 15K: [48%]
- 12K: [50%]
- 10K: [51%]

runutzzzzz · 03-05-2008, 11:06 AM

Who would want a base M3?

BTW My lease for my M5 is less than that!

!Xoible · 03-05-2008, 11:54 AM

Quote:

Originally Posted by REP1KRR

36 month: [residual]
- 15K: [53%]
- 12K: [55%]
- 10K: [56%]

42 month: [residual]
- 15K: [48%]
- 12K: [50%]
- 10K: [51%]

ouch! not good. my payment is $1212 according to these numbers

BMoney · 03-05-2008, 11:54 AM

What's the base money factor at? is it .00280 or less? How many people will actually get that rate? Probably not too many.

MI6 · 03-05-2008, 01:23 PM

Wow, these payments are getting up there- and this is before you factor in M-DCT......

I'm thinking with that and a price of 70k your looking at a payment closer to $1,300.

03-04-2008, 05:11 PM	#1
REP1KRR My other car is a Scooter'ia Drives: M3 Saloon Join Date: Nov 2006 Location: Salt Lake City Posts: 1,162 iTrader: (5)	M3 Sedan Lease: $836/mo I finally got an official lease offer from my dealer (dealership manager). So, I was right about my continued prediction of an M3 lease below $1000/month. I think these numbers are great. Lease quote is based on the following... E90 M3 Sedan Price at MSRP base of $55,875 (53,800 base + 775 destination + 1,300 GGT) Down payment: $2,500 BMW Financial Services Per month rate Money Factor: 0.00280 36 month: [residual] - 15K: $890 [55%] - 12K: $862 [57%] - 10K: $848 [58%] 42 month: [residual] - 15K: $872 [50%] - 12K: $849 [52%] - 10K: $836 [53%] RED: new info . Last edited by REP1KRR; 03-05-2008 at 10:21 AM.
	Tweet

03-04-2008, 05:45 PM	#3
lucid Major General Drives: E30 M3; Expedition Join Date: Apr 2007 Location: USA Posts: 8,037 iTrader: (0)	Based on those numbers, a reasonably optioned sedan at around $65k MSRP should run ~$1100/month with $2.5k down? __________________

03-04-2008, 06:45 PM	#10
SpencerM3 Sauce Drives: 2009 SSII E90 M3 Join Date: Jun 2006 Location: Los Angeles Posts: 2,028 iTrader: (1)	That sounds about right, but how about once you add options? __________________ 2009 E90 M3 \| Silverstone II \| Black Novillo \| HRE P40's \| Akrapovic Exhaust \| Eibach Pro Kit \| Jet Black Kidney Grilles \| SSII Side Reflectors \| SSII Side Gills \| LUX H8 Angel Eyes \| Macht Schnell Filter \| Tecnocraft Envy Charge Pipe "M3 drivers have no friends." - Jeremy Clarkson

03-04-2008, 08:16 PM	#11
88stlgrym3 Private First Class Drives: 08 535i sport Join Date: May 2005 Location: san gabriel, CA Posts: 191 iTrader: (0)	yeah, but who's going to order a based model m3? with couple the options msrp will be around 65k in no time. __________________ 2008 jet black 535i sport, premium, ipod/usb (returned but not forgotten) 2010 Wicked White Evolution MR Touring (sold and missed)

03-04-2008, 09:21 PM	#12
BMW3R Bimmer User Drives: 2011 E92 M3 Join Date: Feb 2007 Location: SLC, UT Posts: 585 iTrader: (0) Garage List 2008 Mazda3 [0.00]	I would rather buy a loaded 335 before I would get a base M3. So, I am going to get a fully loaded M3! __________________ 2011 E92 M3 - Space Gray, ZCP, Akra Evo System, aFe filter, PC Stage II Tune & more!!!!

03-04-2008, 05:35 PM	#2
!Xoible Banned Drives: .... Join Date: Nov 2006 Location: . Posts: 46,045 iTrader: (4) Garage List 2008 M3 [3.50] 2007 335i [4.50] 2008 528i [4.00] 2006 Infiniti - G35 ... [4.00]	from that residual is approximately 60+% assuming MF is .00275 or MF is less than 0.00175... good news for sure please update us when those numbers asap. call him again man

03-04-2008, 06:07 PM	#9
MFL101 Second Lieutenant Drives: 2011 X5M Join Date: Jun 2007 Location: NYC Posts: 256 iTrader: (0)	This is totally different from the lease quotes I have recieved...please let me know the Money Factor... Lowest I can get (with MSDs) is $1135 (24mo/10k). MSRP of $68,500

03-05-2008, 02:28 AM	#15
!Xoible Banned Drives: .... Join Date: Nov 2006 Location: . Posts: 46,045 iTrader: (4) Garage List 2008 M3 [3.50] 2007 335i [4.50] 2008 528i [4.00] 2006 Infiniti - G35 ... [4.00]	can u get figures for E92 please man?? please

03-05-2008, 11:06 AM	#19
runutzzzzz Private Drives: 07 M5 Join Date: Nov 2007 Location: VA Posts: 94 iTrader: (0)	Who would want a base M3? BTW My lease for my M5 is less than that!

03-05-2008, 11:54 AM	#21
BMoney Second Lieutenant Drives: 2012 Mercedes C63 AMG Join Date: Nov 2006 Location: Fairfax, VA Posts: 237 iTrader: (0)	What's the base money factor at? is it .00280 or less? How many people will actually get that rate? Probably not too many.

03-05-2008, 01:23 PM	#22
MI6 The World is Not Enough Drives: Aston DBS-R Join Date: Jun 2006 Location: Skyfall Posts: 1,023 iTrader: (0)	Wow, these payments are getting up there- and this is before you factor in M-DCT...... I'm thinking with that and a price of 70k your looking at a payment closer to $1,300.

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