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
 
OneEighty
Post Reply
 
Thread Tools Search this Thread
      12-01-2009, 02:04 AM   #1
buddster
Private First Class
6
Rep
187
Posts

 
Drives: 2011 E92 M3
Join Date: Jan 2009
Location: Los Angeles

iTrader: (0)

Lease Guru's - Am I missing anything?

Looking at a 2010 M3 Coupe lease configured as below. I think I've got it spot-on at $500 over invoice. Am I missing anything? Am I leaving any money on the table? I wanted to plausibility check it before talking to a few of the dealers. Is there a way to even further optimize this? BTW, 3 years, 10k/year, 750+ credit.
Attached Images
 

Last edited by buddster; 12-15-2009 at 09:00 PM.
Appreciate 0
      12-01-2009, 10:39 AM   #2
NoM3ForMe
Major
NoM3ForMe's Avatar
United_States
17
Rep
1,424
Posts

 
Drives: '04 Quest, '07 Kia Sorrento
Join Date: Aug 2008
Location: ...location, location?

iTrader: (0)

Send a message via MSN to NoM3ForMe
I am by no means a 'guru' but, your numbers look right to me. Are you using MSD's to buy-down your money factor at all?
__________________
try { Life.Live(); } catch (Experience exp) { Console.WriteLine(exp.ToString(); } finally { Brian.Dispose(); }
"There are only 10 kinds of people in the world; those that read binary, and those that don't."
Appreciate 0
      12-01-2009, 11:28 AM   #3
bknight
Lieutenant
bknight's Avatar
United_States
7
Rep
592
Posts

 
Drives: E92 M3
Join Date: Jan 2008
Location: Manhattan, NYC

iTrader: (0)

Garage List
2010 M3  [0.00]
2008 E92 335i  [5.00]
not a guru either but numbers look right
__________________
2010 E92 M3 || Akrapovic Slip-on | MS Air Filter | MS 15/12 Spacers | V1 Hardwire
Appreciate 0
      12-01-2009, 11:29 AM   #4
MJC///M3
Colonel
MJC///M3's Avatar
United_States
28
Rep
2,327
Posts

 
Drives: 09 SSII E92 M3
Join Date: Aug 2008
Location: Bronx, NYC

iTrader: (0)

numbers look good by me.
__________________
"You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad
Appreciate 0
      12-01-2009, 12:02 PM   #5
buddster
Private First Class
6
Rep
187
Posts

 
Drives: 2011 E92 M3
Join Date: Jan 2009
Location: Los Angeles

iTrader: (0)

I'm considering MSD's, but still on the fence. Other than killing off the $500 profit for the dealer, can you think of any other areas to tighten it up?
Appreciate 0
      12-01-2009, 12:21 PM   #6
CORTDD
Private
0
Rep
78
Posts

 
Drives: E46 M3
Join Date: Nov 2009
Location: Planet earth, top part.

iTrader: (0)

Just curious. Have you found a dealer that is willing to sell you a car at only $500 over invoice. Has your dealer agreed to the money factor. FWIW, my dealership tries to markup the money factor to make a little more profit there too.

Do you need to include the fee for metallic paint on your spec sheet?
Appreciate 0
      12-01-2009, 12:28 PM   #7
NoM3ForMe
Major
NoM3ForMe's Avatar
United_States
17
Rep
1,424
Posts

 
Drives: '04 Quest, '07 Kia Sorrento
Join Date: Aug 2008
Location: ...location, location?

iTrader: (0)

Send a message via MSN to NoM3ForMe
Quote:
Originally Posted by buddster View Post
I'm considering MSD's, but still on the fence. Other than killing off the $500 profit for the dealer, can you think of any other areas to tighten it up?
Are you getting a non-metallic (alpine white/jet black) paint? If you aren't, is the $550 charge for it accounted for?
__________________
try { Life.Live(); } catch (Experience exp) { Console.WriteLine(exp.ToString(); } finally { Brian.Dispose(); }
"There are only 10 kinds of people in the world; those that read binary, and those that don't."
Appreciate 0
      12-01-2009, 02:02 PM   #8
buddster
Private First Class
6
Rep
187
Posts

 
Drives: 2011 E92 M3
Join Date: Jan 2009
Location: Los Angeles

iTrader: (0)

Good catch. I'm going with Alpine white though, so I left it off.
Appreciate 0
      12-01-2009, 02:30 PM   #9
SpencerM3
Sauce
SpencerM3's Avatar
United_States
28
Rep
2,026
Posts

 
Drives: 2009 SSII E90 M3
Join Date: Jun 2006
Location: Los Angeles

iTrader: (1)

Looks pretty good. I just picked up my M3 and i am in LA too. I got an '09 but I think you can get $500 over invoice on most '10s too. Some dealers don;t deal like others but most will price match for you.
__________________
2009 E90 M3 | Silverstone II | Black Novillo | HRE P40's | Akrapovic Exhaust | Eibach Pro Kit | Jet Black Kidney Grilles | SSII Side Reflectors | SSII Side Gills | LUX H8 Angel Eyes | Macht Schnell Filter | Tecnocraft Envy Charge Pipe

"M3 drivers have no friends." - Jeremy Clarkson
Appreciate 0
      12-01-2009, 02:56 PM   #10
NoM3ForMe
Major
NoM3ForMe's Avatar
United_States
17
Rep
1,424
Posts

 
Drives: '04 Quest, '07 Kia Sorrento
Join Date: Aug 2008
Location: ...location, location?

iTrader: (0)

Send a message via MSN to NoM3ForMe
Quote:
Originally Posted by SpencerM3 View Post
Some dealers don't deal like others but most will price match for you.
+1. This is universally true; most especially in the area I work (near the affluent Bellevue, WA). That being said, however, money talks and bullsh1t walks...

Come in with what you want, be firm, and walk if they won't bend.
__________________
try { Life.Live(); } catch (Experience exp) { Console.WriteLine(exp.ToString(); } finally { Brian.Dispose(); }
"There are only 10 kinds of people in the world; those that read binary, and those that don't."
Appreciate 0
      12-01-2009, 03:18 PM   #11
buddster
Private First Class
6
Rep
187
Posts

 
Drives: 2011 E92 M3
Join Date: Jan 2009
Location: Los Angeles

iTrader: (0)

I agree. I'm not interested in negotiating with these guys. There's 30 something dealers in So Cal and someone will take my deal without any hassle. This is the only way I know of to make this a completely pain-fee process.
Appreciate 0
      12-01-2009, 03:34 PM   #12
KSJ65
Registered
0
Rep
1
Posts

 
Drives: Dodge pickup
Join Date: Dec 2009
Location: Texas

iTrader: (0)

in the finance charge of your chart you added the residual value to cap cost. You should have subtracted. The monthly finance charge should be $58.85
Appreciate 0
      12-01-2009, 04:12 PM   #13
buddster
Private First Class
6
Rep
187
Posts

 
Drives: 2011 E92 M3
Join Date: Jan 2009
Location: Los Angeles

iTrader: (0)

I think you're talking about the depreciate section. The formula for the finance charges should be (Adjusted Cap Cost + Residual Value) * Money Factor.
Appreciate 0
      12-09-2009, 11:48 PM   #14
Ablahad
Enlisted Member
0
Rep
37
Posts

 
Drives: Work Beater
Join Date: Sep 2009
Location: San Diego

iTrader: (0)

So should I present this to dealers when negotiating? Thanks OP, very nice of you to make it convenient for us.
Appreciate 0
      12-10-2009, 01:50 AM   #15
Bluesummer
Lieutenant General
Bluesummer's Avatar
Taiwan
179
Rep
15,410
Posts

 
Drives: slower than Ayrton Senna
Join Date: Dec 2006
Location: Nürburgring, be there once, your heart, your soul will stay there.

iTrader: (13)

Garage List
2015 M4  [0.00]
2011 E82 135  [0.00]
2011 M3  [0.00]
2007 335  [0.00]
wait for the 2011 rolling in in March
__________________

R.I.P. Steve Noh
Appreciate 0
      12-15-2009, 04:09 PM   #16
Vic55
Colonel
Vic55's Avatar
43
Rep
2,177
Posts

 
Drives: 2014 458 Italia Pizza Pie
Join Date: Jul 2009
Location: THE Orange County

iTrader: (8)

The processes look correct but:

Is the MF really .00228 or is it higher

And there is no way you are paying 300 for reg in California based on your capitalized cost.
__________________
2015 Jaguar F Type R Coupe Polaris White
2014 Ferrari 458 Italia Rosso Corsa
2014 Audi RS7 Ibis White
2012 Audi R8 V-10 Ibis White
2012 Mercedes Benz C63 AMG Black Series Obsidian Black
Appreciate 0
      12-15-2009, 09:04 PM   #17
buddster
Private First Class
6
Rep
187
Posts

 
Drives: 2011 E92 M3
Join Date: Jan 2009
Location: Los Angeles

iTrader: (0)

I updated the spreadsheet with all the additions. It should be spot-on. The 228 rate was non-BMWFS. It's 245 with BMWFS, so I updated it. Updated the California registration as well (looked up the amount on Cal's site).

BTW, it looks like the holiday credit is lockable for up to 60 / 90 days. Should be able to order this up til Jan 4th with the holiday credit. Does anyone know what the new pricing or options would be for the LCI?
Appreciate 0
      12-22-2009, 03:09 PM   #18
OC ///M
Dr. Octagon
OC ///M's Avatar
United_States
26
Rep
1,820
Posts

 
Drives: Moonstone e92 M3
Join Date: Feb 2007
Location: So Cal

iTrader: (0)

Quote:
Originally Posted by buddster View Post
Does anyone know what the new pricing or options would be for the LCI?
Pretty sure I'll be in to swap with an LCI in March.

http://www.m3post.com/forums/showthread.php?t=328077
http://www.m3post.com/forums/showthread.php?t=328001


No pricing yet and not much in substance, but if having the latest thing is a priority, it may be worthwhile to hold off for a couple months...I like the idea of having the new LED tails we're supposed to get.
__________________
OC ///M

2013 E92 M3 Individual
Sold: 2011 E92 M3 SSII | Sold: 2008 E92 M3 SSII | Into a Wall: 2008 E92 M3 SSII | Sold: 2007 E92 335i JB

Last edited by OC ///M; 12-22-2009 at 07:32 PM.
Appreciate 0
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 11:10 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