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      11-26-2011, 07:11 PM   #1
tg2063
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2011 M3 Coupe Leasing question

Hi
I am near Chicago and got a quote from a local dealer

MSRP 75475
sales price 72000

Black/black ( I am not fully content with the interior color- but have no choice)

36 month
10,000 miles
no down

security waived

havent used MSD ( I didnt know about it till I visited this forum!! )

residual 57%

MF .00215

comes to 1155/ month

Comparing to other posts, seems a rip off- however there are not many M3's out here .

Any help about negotiating this down?

can I do MSD in IL ?

Thanks!

Tom.
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      11-26-2011, 07:13 PM   #2
xrayos
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umm, order a 2012 and get better rates
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      11-27-2011, 10:36 AM   #3
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I would order a MY 2012. That monthly payment seems off to me. I contemplated leasing and buying a MY 2012. MSRP was around 72500 sales price was 69250. Residual was 60% at 12000 miles per year. Dealer offered a monthly payment of 977.12.

With that said, I plan on buying.
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      11-27-2011, 11:32 AM   #4
tg2063
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thanks for the advise

are they offering the 2012 below MSRP?
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      11-27-2011, 11:51 AM   #5
MR///M3
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Definitely order a 2012. That payment is ludicrous for a 2011
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      12-04-2011, 04:03 PM   #6
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Quote:
Originally Posted by tg2063 View Post
Hi
I am near Chicago and got a quote from a local dealer

MSRP 75475
sales price 72000

Black/black ( I am not fully content with the interior color- but have no choice)

36 month
10,000 miles
no down

security waived

havent used MSD ( I didnt know about it till I visited this forum!! )

residual 57%

MF .00215

comes to 1155/ month

Comparing to other posts, seems a rip off- however there are not many M3's out here .

Any help about negotiating this down?

can I do MSD in IL ?

Thanks!

Tom.
I think I have seen this car, as I am also not far from Chicago...they gave me the same run around on the "discount" they were offering.

I would take the advice of the other posters and order a 2012...
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2007 E92 328 - JB, N52, MT (retired by a drunk driver)
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      12-09-2011, 12:43 PM   #7
nasa60
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Yep, the 2012 residual is much better. Also, if you were to lease/purchase a 2011 at this time of year, you should be getting it for below invoice. They are also marking up the MF a couple of points, looks like.
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