'08 M3 Price

dunhilldk · 01-03-2009, 08:14 PM

After weeks of shopping for a year-end deal on an '08 M3 convertible, here's what I found:

2008 M3 convertible with:
- DCT
- Cold weather pack
- premium pack
- metallic paint
- elec damping control
- 19" wheels
- ipod connector
- HD radio

36 month lease:
12,000 miles/yr
$897/month
Aside from taxes and title fees, no additional money down at signing

Is this a "fair" deal?

Many thanks in advance for your shared wisdom.

Dunhill

Bimmer Nerd · 01-03-2009, 08:58 PM

no down and 900$ a month ? not bad.

MrHarris · 01-03-2009, 09:44 PM

no tech package?

NoM3ForMe · 01-04-2009, 01:25 AM

What's the money factor on the lease?

dunhilldk · 01-04-2009, 09:50 AM

No tech pack unfortunately, although I would love to have it. I've been under the impression that '08 cars with DCT (which seems like a must have) were in short supply, so this was a car that was located and priced out for me by a local dealer. They've told me several times now that 08s with DCT are super tough to locate.

MSRP is $76,370; money factor on the lease is .00025, or .6% over the 36 months.

You guys think I should keep looking or jump on this?

NoM3ForMe · 01-04-2009, 11:45 AM

Quote:

Originally Posted by dunhilldk

No tech pack unfortunately, although I would love to have it. I've been under the impression that '08 cars with DCT (which seems like a must have) were in short supply, so this was a car that was located and priced out for me by a local dealer. They've told me several times now that 08s with DCT are super tough to locate.

MSRP is $76,370; money factor on the lease is .00025, or .6% over the 36 months.

You guys think I should keep looking or jump on this?

That isn't too bad of a deal at all. Are you planning on buying the car - as some do - at the end of the lease? If so, you could change the mileage to the 10k/year plan and save yourself some extra money. Also, you could put some security deposits down (I think up to 4) to help buy down your money factor a bit more.

Just my $.02. I don't actually own an M3 or any BMW for that matter but have done my homework with lease vs. finance in the hopes of one day having an ///M of my own.

01-03-2009, 08:14 PM	#1
dunhilldk Registered 0 Rep 2 Posts Drives: 2006 M3 Convertible Join Date: Jan 2009 Location: PA iTrader: (0)	'08 M3 Price After weeks of shopping for a year-end deal on an '08 M3 convertible, here's what I found: 2008 M3 convertible with: - DCT - Cold weather pack - premium pack - metallic paint - elec damping control - 19" wheels - ipod connector - HD radio 36 month lease: 12,000 miles/yr $897/month Aside from taxes and title fees, no additional money down at signing Is this a "fair" deal? Many thanks in advance for your shared wisdom. Dunhill
	Appreciate 0 Tweet Quote

01-03-2009, 08:58 PM	#2
Bimmer Nerd Major General 519 Rep 7,789 Posts Drives: 6MT F80 Join Date: Jun 2008 Location: Santa Monica, CA iTrader: (12)	no down and 900$ a month ? not bad.
	Appreciate 0 Quote

01-03-2009, 09:44 PM	#3
MrHarris yodog 197 Rep 5,025 Posts Drives: '86 Corolla Join Date: Jun 2007 Location: Diamond Bar, Ca iTrader: (5) Garage List 2009 BMW [10.00]	no tech package? __________________ 2009 E92 M3 \| Alpine White \| Black Extended \| Advan RS \| Turner Test Pipes \| Dinan Axle-Back \| OETuning \| Eibach Springs \| UUC SSK \| VRS Front Lip \| VRS Type I Diffuser \| Matte Black \| RPi Scoops \| MS Filter \| Yokohama AD08 \| F1 Pinnacle Special Thanks: Gintani \| OETuning \| eAs
	Appreciate 0 Quote

01-04-2009, 01:25 AM	#4
NoM3ForMe Major 37 Rep 1,440 Posts Drives: '10 Legacy, '07 Kia Sorrento Join Date: Aug 2008 Location: ...location, location? iTrader: (0)	Hmm... What's the money factor on the lease?
	Appreciate 0 Quote

01-04-2009, 09:50 AM	#5
dunhilldk Registered 0 Rep 2 Posts Drives: 2006 M3 Convertible Join Date: Jan 2009 Location: PA iTrader: (0)	No tech pack unfortunately, although I would love to have it. I've been under the impression that '08 cars with DCT (which seems like a must have) were in short supply, so this was a car that was located and priced out for me by a local dealer. They've told me several times now that 08s with DCT are super tough to locate. MSRP is $76,370; money factor on the lease is .00025, or .6% over the 36 months. You guys think I should keep looking or jump on this?
	Appreciate 0 Quote