BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Today's Posts


Go Back   M3Post - BMW M3 Forum > M3 Marketplace > Private Sellers - For Sale / Trade / Wanted > Cars for sale/wanted/trade
 
BPM
Post Reply
 
Thread Tools Search this Thread
      11-05-2013, 02:34 AM   #89
N.S.A
Major
United_States
112
Rep
1,136
Posts

Drives: 991 GT3 Blue Sapphire Metallic
Join Date: Jul 2013
Location: Southern California

iTrader: (1)

Quote:
Originally Posted by persian54 View Post
A little over invoice, forget exact pricing.

It was more than I could get for a similar e93 M3 (Space gray), but when I got mine, it was one of the the first Mineral White on Red E93 M3s in SoCal, so I decided to pay a little over invoice for it rather than get the space gray, which was at invoice IIRC (or like $300 over, been a while so I forgot).

Remember, when leasing, the MSRP and selling price, while important, have little to do with the lease pricing when compared to the residual/mf

Think of it like this..
You can get a $72k Z4 35iS lease right now for about $700/month tax inc, $1k OTD, 7MSDs.

But a Porsche Boxster, with a MSRP of about $10k less (so not the S model and not fully loaded), will run you about the same, if not a tad bit more.
So why, does a car that costs $10k less, cost MORE to lease?
Porsche charges .35 per mile, versus BMW's .146 (IIRC), and they have a higher MF.
They also don't have as many rebates as BMW.

So event though my E93 M3's MSRP was priced at 83k, the reason it was a cheap lease was due to the high residual and low MF, as well as the rebates I qualified for (loyalty I remember as being one).
That's true its the residual, I always forget about that, that is why an audi s4 is more than a 335i. I get exactly of you mean. thanks man.
Appreciate 0
      11-05-2013, 02:38 AM   #90
persian54
Lieutenant General
persian54's Avatar
United_States
922
Rep
15,818
Posts

Drives: M760/G83M4
Join Date: Jun 2009
Location: The Valley, SoCal

iTrader: (298)

Quote:
Originally Posted by N.Arabshahi View Post
That's true its the residual, I always forget about that, that is why an audi s4 is more than a 335i. I get exactly of you mean. thanks man.
Sure np.

If it was a profitable enough business, I would be in the business of selling cars…… It's fun and I know a fair amount about it. Heck, I help 'sell' about 25 cars a year by taking family/friends to local dealers. I should seriously make these dealerships start giving me a kickback…..
Appreciate 0
      11-05-2013, 03:06 AM   #91
N.S.A
Major
United_States
112
Rep
1,136
Posts

Drives: 991 GT3 Blue Sapphire Metallic
Join Date: Jul 2013
Location: Southern California

iTrader: (1)

Quote:
Originally Posted by persian54 View Post
Sure np.

If it was a profitable enough business, I would be in the business of selling cars…… It's fun and I know a fair amount about it. Heck, I help 'sell' about 25 cars a year by taking family/friends to local dealers. I should seriously make these dealerships start giving me a kickback…..
hahaha especially us Persians. knowing about cars is in our blood. you should consider it bro.
Appreciate 0
Post Reply

Bookmarks


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



All times are GMT -5. The time now is 10:35 PM.




m3post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
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