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      06-06-2008, 04:59 PM   #1
LeaseCompare
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Post BMW M3 Lease Rates - June 2008

BMW Financial Services Lease Programs June 2008

Click on the vehicle name for more information and to see payments details.

2008 BMW M3 Coupe
24 Month Residual 61% of MSRP .00263 Base Rate
36 Month Residual 51% of MSRP .00263 Base Rate
48 Month Residual 42% of MSRP .00263 Base Rate
60 Month Residual 33% of MSRP .00263 Base Rate

2008 BMW M3 Sedan
24 Month Residual 64% of MSRP .00263 Base Rate
36 Month Residual 53% of MSRP .00263 Base Rate
48 Month Residual 42% of MSRP .00263 Base Rate
60 Month Residual 34% of MSRP .00263 Base Rate

2008 BMW M3 Convertible
24 Month Residual 58% of MSRP .00263 Base Rate
36 Month Residual 49% of MSRP .00263 Base Rate
48 Month Residual 39% of MSRP .00263 Base Rate
60 Month Residual 31% of MSRP .00263 Base Rate

Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms

Compare Lease Payments for Used BMW Models HERE

Use the following formula to calculate a lease payment:

(Cap Cost Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Money Factor = Interest
Depreciation + Interest = Base Monthly Payment

NOTE: These lease programs are provided by dealer partners of LeaseCompare.com and are for reference only. Rates may vary by region. Your dealer has the option of offering you a higher rate. To make sure you are getting the best lease, compare these rates through an independent leasing source such as LeaseCompare.com.

Here is a great online publication about leasing: Auto Lease Insider.
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      06-06-2008, 07:35 PM   #2
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DAMN 1300 for it wow
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      06-08-2008, 02:21 AM   #3
Seth_Horwitz
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Does anyone believe that a coupe or convertible will really depreciate faster than a sedan? I suppose that's easier for BMW to do than add a "your car is slightly more popular tax."
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      06-08-2008, 02:33 AM   #4
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Good info, Thanks!
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      06-08-2008, 09:39 AM   #5
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Quote:
Originally Posted by Seth_Horwitz View Post
Does anyone believe that a coupe or convertible will really depreciate faster than a sedan? I suppose that's easier for BMW to do than add a "your car is slightly more popular tax."
The higher residual for the sedan is a way to increases sales by making the lease payments cheaper.

It's not like those residuals are actually what the car will be worth... who can predict that? Ask an SUV owner... people that leased giant behemoth SUV's hate gas prices but are very thankful they won't have to sell the behemoth at the end of their lease.
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      06-08-2008, 11:52 AM   #6
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Quote:
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The higher residual for the sedan is a way to increases sales by making the lease payments cheaper.
Totally understood, hence my "tax" comment, but I guess it bothers me as a financial analyst. They should just call it a factory incentive on slower selling cars, because that's all it is. In the end there is no difference in dollars, and I think incentives are perfectly fair, but this is just a way of playing with numbers so you won't have to do something different that will hurt you from a marketing standpoint. BMW can still say "we don't offer factory incentives like those silly Americans," as technically they haven't offered any cash discount on a slow selling car. They just tweak the resids to get the payment down. On Wall Street you go to jail for some creative math, but it's pretty accepted everywhere else. I don't have to go to work until tomorrow, maybe a little this afternoon, so I'm taking my "work hat" off right now. The Canadian Grand Prix starts in 8 minutes, so I'm off. Go Kimi!
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      06-08-2008, 01:36 PM   #7
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thanks for the info.

but these rates are ridiculous, I think I'd rather just finance the car than lease it at these numbers!
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      06-08-2008, 03:06 PM   #8
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yeah, unless i'm missing something here, these lease rates are terrible. there are countless financing possibilities with payments lower than ~$1300/month out there.

no offense, leasecompare.
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      06-08-2008, 04:58 PM   #9
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Quote:
Originally Posted by moog55 View Post
yeah, unless i'm missing something here, these lease rates are terrible. there are countless financing possibilities with payments lower than ~$1300/month out there.

no offense, leasecompare.
I suppose it's logical. BMW won't CPO the M3s that they get back after lease-end, so they don't have the same incentive to promote leases.
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      06-10-2008, 02:34 AM   #10
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So rates got better since May? Used to be .00275, correct?

53% residual is still pretty low. 56-58% would make me lease over financing.
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