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      03-29-2008, 12:06 PM   #1
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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?
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      03-29-2008, 12:15 PM   #2
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Sure. A 54-60 month lease is in that range with the current published money factor and residual.
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      03-29-2008, 12:16 PM   #3
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on a 60k... hmmm maybe... 900's idk sounds too good to be true
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      03-29-2008, 01:24 PM   #4
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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?
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      03-29-2008, 02:43 PM   #5
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Wow 870 a month Id be all over that.
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      03-30-2008, 11:47 PM   #6
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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.
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      03-31-2008, 06:26 AM   #7
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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.
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      03-31-2008, 11:24 AM   #8
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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.
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      03-31-2008, 12:38 PM   #9
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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.
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      03-31-2008, 02:22 PM   #10
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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.
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      03-31-2008, 09:45 PM   #11
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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.
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      04-02-2008, 05:00 AM   #12
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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.
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      04-02-2008, 05:10 AM   #13
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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!
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      04-02-2008, 05:21 AM   #14
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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?
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      09-10-2011, 12:47 AM   #15
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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
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      09-10-2011, 01:51 AM   #16
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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.
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      09-10-2011, 03:18 AM   #17
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i pay 767 a month with 5k down plus max security deposits. pm GOLFFF for the sickest deals
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      09-10-2011, 10:16 AM   #18
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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
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      09-11-2011, 01:29 AM   #19
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$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.
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      09-11-2011, 03:02 PM   #20
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i play 2k drive off and about 870 a month taxed including back in late 08 Oct. 15k miles per year
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      09-11-2011, 05:08 PM   #21
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      09-13-2011, 12:48 PM   #22
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I pay $880 for a lease assumption. But I got the car from South Carolina. Manual E92 Space Gray and Nav
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