BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > M3 (E90 / E92 / E93) > New and Preowned M3 Pricing, Ordering, Tracking / European Delivery / Dealer Reviews
 
Post Reply
 
Thread Tools Search this Thread
      03-29-2008, 12:06 PM   #1
///M PWR 00
Captain
 
///M PWR 00's Avatar
 
Drives: Porsche
Join Date: Mar 2008
Location: Yonkers, NY

Posts: 938
iTrader: (0)

870/mo lease on E92 M3? Possible?

Just overheard soemone at the dealer saying with 4,000$ out of pocket, 12k mile a year, for a 60,000$ M3 they are paying ~870$ a month. Is this possible? I thought they were all over 1k a month?
///M PWR 00 is offline  
0
Reply With Quote
      03-29-2008, 12:15 PM   #2
hawkeye-se
Private First Class
 
Drives: '09 JB Coupe
Join Date: Mar 2008
Location: MD/DC

Posts: 105
iTrader: (0)

Sure. A 54-60 month lease is in that range with the current published money factor and residual.
hawkeye-se is offline  
0
Reply With Quote
      03-29-2008, 12:16 PM   #3
!Xoible
Banned
 
Drives: ....
Join Date: Nov 2006
Location: .

Posts: 46,037
iTrader: (4)

Garage List
2008 M3  [3.50]
2007 335i  [4.50]
2008 528i  [4.00]
2006 Infiniti - G35 ...  [4.00]
on a 60k... hmmm maybe... 900's idk sounds too good to be true
!Xoible is offline   United_States
0
Reply With Quote
      03-29-2008, 01:24 PM   #4
///M PWR 00
Captain
 
///M PWR 00's Avatar
 
Drives: Porsche
Join Date: Mar 2008
Location: Yonkers, NY

Posts: 938
iTrader: (0)

I know nothing about money factors/residuals etc... The guy mentioned leasecompare.com. I just checked them out and with 4k down its about 870 a month. Is this correct?
///M PWR 00 is offline  
0
Reply With Quote
      03-29-2008, 02:43 PM   #5
E394KEN
M3//4KEN
 
Drives: E46 M3 & E90 335i (Woosh!)
Join Date: Jun 2005
Location: Ventura, CA

Posts: 409
iTrader: (0)

Wow 870 a month Id be all over that.
E394KEN is offline   United_States
0
Reply With Quote
      03-30-2008, 11:47 PM   #6
0pg
New Member
 
0pg's Avatar
 
Drives: e39m5, pcar
Join Date: Mar 2008
Location: nyc

Posts: 9
iTrader: (0)

Cool

Quote:
Originally Posted by ///M PWR 00 View Post
I know nothing about money factors/residuals etc... The guy mentioned leasecompare.com. I just checked them out and with 4k down its about 870 a month. Is this correct?
It's about $970/mo, using BMW FS (BMW Financial Services lease Bank) and your above "total drive-off down"...

About $870/mo is possible with your "total drive-off down", BUT using leasecompare.com and one of their 3rd party "some lease Bank" and NOT BMW FS... These 3rd party lease banks have DIFFERENT money factors and residual values, than BMW FS!..

Do not forget, that SOME 3rd party lease banks make very difficult for you to return a car at the end of the lease WITHOUT paying "excess wear", eventhough car is good and clean. They ALWAYS come up with SOMETHING... That's their "back door" compensation game for the "attractive" front door lease monthly payment trap...Folks usually are NOT aware of some of their "dirty" lease return "back door revenue generation" methods/practices... In that situation, if you want to AVOID paying "back door fees", you are ONLY left with one alternative to buy the car at the end of the lease. But not everyone wants to do that, right?...


0pg

Last edited by 0pg; 03-31-2008 at 12:16 AM.
0pg is offline  
0
Reply With Quote
      03-31-2008, 06:26 AM   #7
Technic
Lieutenant General
 
Technic's Avatar
 
Drives: 2012 E92 M3, 2014 528i
Join Date: Apr 2005
Location: Ft Lauderdale, Florida

Posts: 11,027
iTrader: (17)

Garage List
2004 M3  [0.00]
Quote:
Originally Posted by 0pg View Post
It's about $970/mo, using BMW FS (BMW Financial Services lease Bank) and your above "total drive-off down"...

About $870/mo is possible with your "total drive-off down", BUT using leasecompare.com and one of their 3rd party "some lease Bank" and NOT BMW FS... These 3rd party lease banks have DIFFERENT money factors and residual values, than BMW FS!..

Do not forget, that SOME 3rd party lease banks make very difficult for you to return a car at the end of the lease WITHOUT paying "excess wear", eventhough car is good and clean. They ALWAYS come up with SOMETHING... That's their "back door" compensation game for the "attractive" front door lease monthly payment trap...Folks usually are NOT aware of some of their "dirty" lease return "back door revenue generation" methods/practices... In that situation, if you want to AVOID paying "back door fees", you are ONLY left with one alternative to buy the car at the end of the lease. But not everyone wants to do that, right?...


0pg
... two alternatives, as you can always sell the car privately if you are not upside down.
Technic is offline   United_States
0
Reply With Quote
      03-31-2008, 11:24 AM   #8
0pg
New Member
 
0pg's Avatar
 
Drives: e39m5, pcar
Join Date: Mar 2008
Location: nyc

Posts: 9
iTrader: (0)

Talking

Quote:
Originally Posted by Technic View Post
... two alternatives, as you can always sell the car privately if you are not upside down.
...if you are not upside down...


0pg:

Last edited by 0pg; 03-31-2008 at 12:15 PM.
0pg is offline  
0
Reply With Quote
      03-31-2008, 12:38 PM   #9
reinaldo335
First Lieutenant
 
reinaldo335's Avatar
 
Drives: m3 ZCP 6MT, on order 09 m3 6MT
Join Date: Aug 2007
Location: puerto rico

Posts: 351
iTrader: (0)

penfed.org, you can get 84 months without residual or leasing, 60,000 84 months at 6.84%, $902.00 monthly this is your best deal, i think, you can get better payments, but with a leasing.
reinaldo335 is offline   Puerto Rico
0
Reply With Quote
      03-31-2008, 02:22 PM   #10
hawkeye-se
Private First Class
 
Drives: '09 JB Coupe
Join Date: Mar 2008
Location: MD/DC

Posts: 105
iTrader: (0)

Quote:
Originally Posted by reinaldo335 View Post
penfed.org, you can get 84 months without residual or leasing, 60,000 84 months at 6.84%, $902.00 monthly this is your best deal, i think, you can get better payments, but with a leasing.
$16000 in interest!?! No thanks.

I think the max I would finance would be 48 months with 20% down. Otherwise, with the depreciation likely going to be as bad on the M3 as it is on the M5, you will be WOEFULLY upside down.

If you can't afford it, don't buy it.
hawkeye-se is offline  
0
Reply With Quote
      03-31-2008, 09:45 PM   #11
///M PWR 00
Captain
 
///M PWR 00's Avatar
 
Drives: Porsche
Join Date: Mar 2008
Location: Yonkers, NY

Posts: 938
iTrader: (0)

Even lease compare plays those back door games? Damn. Dealer quoted me 4,000$ out of pocket (no security deposit), 12k a year, for a AW M3 with technology package only, 1060$ a month.
///M PWR 00 is offline  
0
Reply With Quote
      04-02-2008, 05:00 AM   #12
Jimmyz
Second Lieutenant
 
Drives: E92 M3 or Audi S5 (soon!)
Join Date: Aug 2007
Location: NY

Posts: 258
iTrader: (0)

Just check leasecompare.com... 60k sticker E92 with 4k down, 39 month lease, 12k miles, comes to 855 a month + tax if your credit score is over 700. Not bad, IMO, so it is defiantly possible.
Jimmyz is offline  
0
Reply With Quote
      04-02-2008, 05:10 AM   #13
BMoney
Second Lieutenant
 
BMoney's Avatar
 
Drives: 2014 Mercedes CLA45 AMG
Join Date: Nov 2006
Location: Fairfax, VA

Posts: 255
iTrader: (0)

I'm at $999 a month with $3500 down for a 64K M3. I'm trying to get it to $2500 down $999. It's been a battle thus far!
BMoney is offline  
0
Reply With Quote
      04-02-2008, 05:21 AM   #14
Jimmyz
Second Lieutenant
 
Drives: E92 M3 or Audi S5 (soon!)
Join Date: Aug 2007
Location: NY

Posts: 258
iTrader: (0)

Quote:
Originally Posted by BMoney View Post
I'm at $999 a month with $3500 down for a 64K M3. I'm trying to get it to $2500 down $999. It's been a battle thus far!
E90 or 92?
Jimmyz is offline  
0
Reply With Quote
      09-10-2011, 12:47 AM   #15
xquisit
-ʍ̝̊ʙ̝̊-
 
xquisit's Avatar
 
Drives: [2012] 1.8L Turbo
Join Date: Mar 2008
Location: Los Angeles

Posts: 1,123
iTrader: (0)

Send a message via AIM to xquisit
Quote:
Originally Posted by 0pg View Post
It's about $970/mo, using BMW FS (BMW Financial Services lease Bank) and your above "total drive-off down"...

About $870/mo is possible with your "total drive-off down", BUT using leasecompare.com and one of their 3rd party "some lease Bank" and NOT BMW FS... These 3rd party lease banks have DIFFERENT money factors and residual values, than BMW FS!..

Do not forget, that SOME 3rd party lease banks make very difficult for you to return a car at the end of the lease WITHOUT paying "excess wear", eventhough car is good and clean. They ALWAYS come up with SOMETHING... That's their "back door" compensation game for the "attractive" front door lease monthly payment trap...Folks usually are NOT aware of some of their "dirty" lease return "back door revenue generation" methods/practices... In that situation, if you want to AVOID paying "back door fees", you are ONLY left with one alternative to buy the car at the end of the lease. But not everyone wants to do that, right?...


0pg
post is full of win
__________________
xquisit is offline  
0
Reply With Quote
      09-10-2011, 01:51 AM   #16
Frostbite
Lieutenant
 
Drives: E92 M3
Join Date: Aug 2011
Location: USA

Posts: 568
iTrader: (-1)

Garage List
Quote:
Originally Posted by hawkeye-se View Post
$16000 in interest!?! No thanks.

I think the max I would finance would be 48 months with 20% down. Otherwise, with the depreciation likely going to be as bad on the M3 as it is on the M5, you will be WOEFULLY upside down.

If you can't afford it, don't buy it.
Interest is a killer!!! I'd rather use that $16k to supercharge my car than give it to a bank. I've never financed a car and never will!

Last edited by Frostbite; 09-10-2011 at 02:34 AM.
Frostbite is offline   United_States
0
Reply With Quote
      09-10-2011, 03:18 AM   #17
mrkhanna16
Captain
 
mrkhanna16's Avatar
 
Drives: E92 M3 SSII/Fox Red ZCP DCT
Join Date: Dec 2008
Location: LA

Posts: 910
iTrader: (3)

Garage List
2011 BMW M3  [0.00]
i pay 767 a month with 5k down plus max security deposits. pm GOLFFF for the sickest deals
__________________

E92 M3 SSII/Fox Red, DCT, ZCP
past rides-IS350, E92 335i
mrkhanna16 is offline   United_States
0
Reply With Quote
      09-10-2011, 10:16 AM   #18
ROB_S2K
Lieutenant Colonel
 
Drives: 2014 Grand Cherokee SRT8
Join Date: Apr 2005
Location: Los Angeles

Posts: 1,770
iTrader: (4)

Friend of mine paid 3k out of pocket and his payment came out to 825 per month including CA tax. His car was about 63K
__________________
2014 Grand Cherokee SRT-8

(2012 | Laguna Seca Blue | Rust Brown | Individual | 6MT) SOLD
ROB_S2K is offline   United_States
0
Reply With Quote
      09-11-2011, 01:29 AM   #19
gs24F10
Lieutenant
 
Drives: F10 535xi
Join Date: Aug 2011
Location: Lincoln Park, NJ

Posts: 578
iTrader: (0)

Garage List
$650 .. I'll never tell =x but you can pm GOLFRRR for a sick deal

AW my2012 premium and cold weather package. Might do comp pck instead of cold weather for about $30 extra a month.
gs24F10 is offline   United_States
0
Reply With Quote
      09-11-2011, 03:02 PM   #20
davedave
Captain
 
davedave's Avatar
 
Drives: Godzilla
Join Date: Jul 2007
Location: Somewhere

Posts: 790
iTrader: (7)

i play 2k drive off and about 870 a month taxed including back in late 08 Oct. 15k miles per year
davedave is offline  
0
Reply With Quote
      09-11-2011, 05:08 PM   #21
GOLFFRR
BimmerPost Supporting Vendor

 
GOLFFRR's Avatar
 
Drives: Golf Cart
Join Date: Mar 2009
Location: Solvang, CA/Camarillo, CA

Posts: 16,075
iTrader: (4)

If its possible Ryan will make it happen
__________________

BEFORE YOU BUY YOUR NEXT BMW, EMAIL US FIRST WE CAN HOOK YOU UP!
Need a quote or assistance from David? GO HERE-->http://www.bimmerdavid.com/#!blank/c1r1e
Davids current ED Special M235/228--> http://www.2addicts.com/forums/showthread.php?t=1013211
GOLFFRR is offline  
0
Reply With Quote
      09-13-2011, 12:48 PM   #22
ksantina
New Member
 
Drives: Audi TT
Join Date: Jan 2010
Location: San Diego

Posts: 6
iTrader: (0)

I pay $880 for a lease assumption. But I got the car from South Carolina. Manual E92 Space Gray and Nav
ksantina is offline  
0
Reply With Quote
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 11:04 AM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST