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      03-04-2008, 05:11 PM   #1
REP1KRR
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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.
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      03-04-2008, 05:35 PM   #2
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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
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      03-04-2008, 05:45 PM   #3
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Based on those numbers, a reasonably optioned sedan at around $65k MSRP should run ~$1100/month with $2.5k down?
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      03-04-2008, 05:52 PM   #4
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Quote:
Originally Posted by lucid View Post
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
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      03-04-2008, 05:57 PM   #5
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Quote:
Originally Posted by mantis View Post
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?
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      03-04-2008, 05:59 PM   #6
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Quote:
Originally Posted by lucid View Post
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).
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      03-04-2008, 06:03 PM   #7
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Quote:
Originally Posted by REP1KRR View Post
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.
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      03-04-2008, 06:05 PM   #8
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Quote:
Originally Posted by lucid View Post
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
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      03-04-2008, 06:07 PM   #9
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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
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      03-04-2008, 06:45 PM   #10
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That sounds about right, but how about once you add options?
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      03-04-2008, 08:16 PM   #11
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yeah, but who's going to order a based model m3? with couple the options msrp will be around 65k in no time.
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      03-04-2008, 09:21 PM   #12
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I would rather buy a loaded 335 before I would get a base M3. So, I am going to get a fully loaded M3!
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      03-04-2008, 10:08 PM   #13
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Quote:
Originally Posted by mantis View Post
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.
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      03-04-2008, 10:19 PM   #14
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Quote:
Originally Posted by REP1KRR View Post
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.

Last edited by par4bmw; 03-05-2008 at 12:41 PM.
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      03-05-2008, 02:28 AM   #15
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can u get figures for E92 please man?? please
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      03-05-2008, 02:58 AM   #16
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Quote:
Originally Posted by mantis View Post
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
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      03-05-2008, 10:24 AM   #17
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Quote:
Originally Posted by par4bmw View Post
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.
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      03-05-2008, 10:51 AM   #18
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Quote:
Originally Posted by mantis View Post
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%]
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      03-05-2008, 11:06 AM   #19
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Who would want a base M3?

BTW My lease for my M5 is less than that!
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      03-05-2008, 11:54 AM   #20
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Quote:
Originally Posted by REP1KRR View Post
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
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      03-05-2008, 11:54 AM   #21
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What's the base money factor at? is it .00280 or less? How many people will actually get that rate? Probably not too many.
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      03-05-2008, 01:23 PM   #22
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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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