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Steve Thomas BMW
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      06-12-2008, 08:46 PM   #1

Drives: sold someone else drives it :(
Join Date: May 2008
Location: Northern NJ

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First time leasing M3 comments appreciated

My dealer offered me $2,200.00 off sticker of 69k. Lease 24 mo. with $1,800.00 down payment is $1287.00 and residual of 44k. I'm thinking I would by the car after the lease. Anyone here have experience with lease numbers.

Is this a decent deal?


Last edited by M3#3; 06-13-2008 at 07:16 AM.
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      06-13-2008, 06:39 PM   #2
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Drives: e92 M3 6SP
Join Date: Feb 2008
Location: SoCal

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yes thats pretty good. I think with BMW you get the standard rate (no tiers) which in my case was .00325 MF. I have 2 prior leases with BMWNA so they supposedly gave me .00025 off of the standard .00350 MF. My car was $70k - $1500 off + (-5000) trade (negative equity trade) - $3k drive offs = $1420/30 months 12k miles/yr.

I may have given up a little bit of rear-end there on that deal, but it was the exact car I wanted.
You deal sounds good to me, especially at 24 months which as I recall was in the 65% residual area.

Edit - Also got the B.S. $5k lease wear-and-tear warranty to make the finance guy happy. That's part of the $1420.
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