Expected Lease Payments on a 09 M3?

jstefanop · 04-11-2009, 10:14 PM

What should I expect to pay monthly on a 36m lease on an M3? Lets say I load it up to around 65k MSRP, and reading around they have been selling near invoice so that would be 60k + tax.

With 60-62k cost price can i expect to pay less than 1k per month? I hear the M3 has better lease rates than Benz (was going to by a C63AMG but if the M3 can beat the C63's 1200/m lease price significantly ill go with the M3).

What did you guys pay for your M3 and what are your monthly payments on your leases?

Thanks!

Bimmer Nerd · 04-11-2009, 10:50 PM

depends on the credit but since your leasing it should be around 1k yea your right.

Khurram · 04-12-2009, 10:52 AM

08 m3 vert-purchase price 59,850
my monthly payments are 599.81 including tax

sirploppy · 04-12-2009, 01:22 PM

Ahhh... those days of high residuals and low money factors a few months ago.

Can I ask how much you put down? I put down $1500 and got in at $710 including tax. $55k purchase price e90...

Doubt we'll see lease deals like that again anytime soon.

EDIT: Saw from your other posts, you put $3000 down. Good deal!

Quote:

Originally Posted by Khurram

08 m3 vert-purchase price 59,850
my monthly payments are 599.81 including tax

Khurram · 04-12-2009, 02:03 PM

Quote:

Originally Posted by sirploppy

Ahhh... those days of high residuals and low money factors a few months ago.

Can I ask how much you put down? I put down $1500 and got in at $710 including tax. $55k purchase price e90...

Doubt we'll see lease deals like that again anytime soon.

EDIT: Saw from your other posts, you put $3000 down. Good deal!

yup..I have the details posted in another thread.

what was your residual and mf? .00025?

McLuVan · 04-12-2009, 04:22 PM

damn wtf
I got quoted for $1200 a month 0 down 64k selling price

Khurram · 04-12-2009, 05:10 PM

Quote:

Originally Posted by McLuVan

damn wtf
I got quoted for $1200 a month 0 down 64k selling price

You are probably referring to the 09's.
The best deals were in late feb on the leftover 08's.
I doubt those rates will be seen again.

SpencerM3 · 04-12-2009, 06:38 PM

Kind of hard to get an exact quote since so many dealers/states differ, as well as your persoanl credit.

But it seems as if most '09s have been going for somewhere in the low $1K range and even up to $1200.

McLuVan · 04-19-2009, 05:48 PM

Quote:

Originally Posted by Khurram

You are probably referring to the 09's.
The best deals were in late feb on the leftover 08's.
I doubt those rates will be seen again.

yes
I was referring to 09's because the tittle of this thread is
"Expected Lease Payments on a 09 M3?"

Yellowlab · 04-19-2009, 07:20 PM

Quote:

Originally Posted by McLuVan

yes
I was referring to 09's because the tittle of this thread is
"Expected Lease Payments on a 09 M3?"

Well I got mine for about $1200/ 60 months @2.9% 68k Msrp, ED delivery only gasguzzler tax upfront, and First payment I assumed....

Splinter4784 · 04-19-2009, 10:22 PM

Quote:

Originally Posted by Khurram

08 m3 vert-purchase price 59,850
my monthly payments are 599.81 including tax

hahhahahaha

HUSTLA!!!!

u got a great deal

McLuVan · 04-20-2009, 03:43 PM

Quote:

Originally Posted by Yellowlab

Well I got mine for about $1200/ 60 months @2.9% 68k Msrp, ED delivery only gasguzzler tax upfront, and First payment I assumed....

yeah
to be exact my dealer wanted $1299 a month for 60 months
ummm
2.9% 69k msrp? I forgot it's been a long time
they wanted nothing out the door
couldn't do it
I'm too poor

stgdsie · 05-07-2009, 12:31 AM

This dealer quoted me 1114 for a 36 mos lease with 10k miles per yr. This includes my payment of 3500 neg equity this is with 10k cash down.
Do you guys find this a good deal? or i can do better?

Khurram · 05-07-2009, 12:43 AM

Quote:

Originally Posted by Splinter4784

hahhahahaha

HUSTLA!!!!

u got a great deal

Indeed.

Khurram · 05-07-2009, 12:46 AM

Quote:

Originally Posted by stgdsie

This dealer quoted me 1114 for a 36 mos lease with 10k miles per yr. This includes my payment of 3500 neg equity this is with 10k cash down.
Do you guys find this a good deal? or i can do better?

At this time on a lease I don't think you can do better.
Bmw has increased the MF and reduced the residuals significantly as they would prefer not to lease the m3's at this time.

My brother-in-law went to see a leftover 08 vert and got quoted around 1300 per month for lease. It's just ridiculous considering what the rates were in feb.

Your best bet is to negotiate the purchase price as much as possible and then finance with penfed at 3.99 or take out a home equity line.

GhostyM · 05-07-2009, 02:11 AM

Lol I did bmw select and I got payments of $670, zero down.

5 year financing but with a balloon at the end.

You pay for a percentage of the car and after 5 years you either refinance the rest of the money or you sell that car.. (99% of the time you can sell the car for how much you owe, only if you got a good deal on the car in the first place)..

I HIGHLY recommend this with european delivery..

See signature and I pay 670 a month zero down.

Also the MSRP of the car was $68,2xx, and I got it for $59,725.

04-11-2009, 10:14 PM	#1
jstefanop Registered 1 Rep 1 Posts Drives: WRX STi Join Date: Apr 2009 Location: NY iTrader: (0)	Expected Lease Payments on a 09 M3? What should I expect to pay monthly on a 36m lease on an M3? Lets say I load it up to around 65k MSRP, and reading around they have been selling near invoice so that would be 60k + tax. With 60-62k cost price can i expect to pay less than 1k per month? I hear the M3 has better lease rates than Benz (was going to by a C63AMG but if the M3 can beat the C63's 1200/m lease price significantly ill go with the M3). What did you guys pay for your M3 and what are your monthly payments on your leases? Thanks!
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04-11-2009, 10:50 PM	#2
Bimmer Nerd Major General 519 Rep 7,789 Posts Drives: 6MT F80 Join Date: Jun 2008 Location: Santa Monica, CA iTrader: (12)	depends on the credit but since your leasing it should be around 1k yea your right.
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04-12-2009, 10:52 AM	#3
Khurram Lieutenant 49 Rep 409 Posts Drives: 2012 Panamera 4 Join Date: Jan 2009 Location: Stamford, Connecticut iTrader: (0)	08 m3 vert-purchase price 59,850 my monthly payments are 599.81 including tax
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04-12-2009, 04:22 PM	#6
McLuVan Lieutenant General 304 Rep 13,114 Posts Drives: ///M3 Join Date: Jan 2008 Location: Socal~818~ iTrader: (1)	damn wtf I got quoted for $1200 a month 0 down 64k selling price
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04-12-2009, 06:38 PM	#8
SpencerM3 Sauce 75 Rep 2,023 Posts Drives: 2009 SSII E90 M3 Join Date: Jun 2006 Location: Los Angeles iTrader: (1)	Kind of hard to get an exact quote since so many dealers/states differ, as well as your persoanl credit. But it seems as if most '09s have been going for somewhere in the low $1K range and even up to $1200. __________________ 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
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05-07-2009, 12:31 AM	#13
stgdsie Registered 0 Rep 4 Posts Drives: m3 Join Date: Nov 2008 Location: ct iTrader: (0)	This dealer quoted me 1114 for a 36 mos lease with 10k miles per yr. This includes my payment of 3500 neg equity this is with 10k cash down. Do you guys find this a good deal? or i can do better?
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05-07-2009, 02:11 AM	#16
GhostyM Major 539 Rep 1,463 Posts Drives: plenty Join Date: Mar 2007 Location: US iTrader: (0)	Lol I did bmw select and I got payments of $670, zero down. 5 year financing but with a balloon at the end. You pay for a percentage of the car and after 5 years you either refinance the rest of the money or you sell that car.. (99% of the time you can sell the car for how much you owe, only if you got a good deal on the car in the first place).. I HIGHLY recommend this with european delivery.. See signature and I pay 670 a month zero down. Also the MSRP of the car was $68,2xx, and I got it for $59,725.
	Appreciate 0 Quote