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02-19-2011, 06:13 PM | #1 |
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2011 M3 vert Lease-Is this a good deal?
Forum, after looking for a replacement 335I, the M3 Vert is not much more. Here is my build, its $2500 down 12K miles per year $800 per month. What do you think?
4.0 liter, V-8 engine Rear-wheel drive See all standard features . Base MSRP $67,550 . Jerez Black Metallic $550 . Palladium Silver/Black/Black $300 . Carbon Leather interior trim $500 . Cold Weather Package $750 . Convenience Package $2,900 . Dynamic Damper Control $1,000 . M Double-clutch Transmission with Drivelogic $2,900 . Enhanced Premium Sound $1,900 . Satellite radio with 1 year subscription $350 . BMW Assist with Bluetooth $750 . M Embroidered Floor Mats $139 . Destination & Handling: $875 . Gas Guzzler Tax: $1700 . BMW Ultimate Service™ A suite of premium benefits that are included at no cost with all new BMW Vehicles. 4 Years/50,000 Miles Warranty Included 4 Years/50,000 Miles Maintenance Program Included 4 Years/Unlimited Mileage Roadside Assistance Included . Total MSRP as Built$82,164 Last edited by odonns; 02-19-2011 at 06:50 PM.. |
02-19-2011, 07:25 PM | #4 |
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I've seen a couple posts about people getting an E93 M3 for around $700-800/mo with no drive off. A couple got it in the $600's with Euro delivery.
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Let me get this straight... You are swapping out parts designed by some of the top engineers in the world because some guys sponsored by a company told you it's "better??" But when you ask the same guy about tracking, "oh no, I have a kid now" or "I just detailed my car." or "i just got new tires."
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02-19-2011, 07:32 PM | #5 |
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First off don't put any money down on a lease. Use that $2500 for monthly security deposits.
If by $2500 you mean minimum drive off then that's something else. Ryan Amico at Steve Thomas BMW will get you a better deal. Pretty much the main issue will be negotiating an invoice price. Things that will be required and non-negotiable: DMV Fee, Bank Fee, Tax Doc Fee and invoice price will be negotiable (doc fee is anywhere from $50-150). Do some research on the forums to find the invoice price. Ryan Amico at Steve Thomas BMW will be up front about everything. If you need his info let me know. |
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02-19-2011, 07:34 PM | #6 |
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^^ thank you for the shout out
OP if you would like a quote please let me know and i will get you all set up
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02-19-2011, 07:43 PM | #7 |
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02-19-2011, 07:49 PM | #8 | |
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a base e93 can be had for 700/month but a loaded one will run in the low 800s and they require dmv and first month payment and such
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02-19-2011, 08:19 PM | #10 |
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Unbelievable. I went in a little over a year and a half ago and they wanted $1400/month for my E92 ( $ 72k sticker ). I went to two different dealerships and I got a similar number. Obviously wasn't going to pay that but I had my heart set on another M. Went with select financing and got a great rate of 0.9%, but I would have much rather leased it and gotten a new one in 3-4 years. Timing is everything I guess.
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02-20-2011, 01:32 AM | #11 |
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The E93's have a killer money factor. I got mine when it was 0.0005. It hasn't been that low again. I believe the MF on the verts are about that low.
There was a recent thread with a couple guys saying they were in the high $600's with ED on an E93. No drive off. I was skeptical but two guys said thats what they got. They were not stripped cars either.
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Let me get this straight... You are swapping out parts designed by some of the top engineers in the world because some guys sponsored by a company told you it's "better??" But when you ask the same guy about tracking, "oh no, I have a kid now" or "I just detailed my car." or "i just got new tires."
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02-20-2011, 04:13 AM | #12 |
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Drives: 2011 E92 M3 ZCP
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The E93 leases are out of this world.
Coupes are an easy $100-$150 more b/c of the RV. OP, that's a good deal (assuming $2.5k out the door) Unless you care to save $10-20 / off that price, that's just being a cheap ass in a $80k car It's hilarious how some people bitch and whine about $5, $10, $15 on a lease when leasing luxury cars. (Not implying you at all OP ) Just find it funny. I highly doubt $600 all-in on an E93 (maybe a BASE model, ED delivery, low-tax state, etc.)
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02-20-2011, 06:02 AM | #13 |
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I was window shopping about a year ago and was quoted $1200 a month on a $0 down "sign and drive" so no doc fees or taxes either lease. I think it was 36 months that had the best rates.
That was for a loaded coupe every single option but DCT
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02-20-2011, 08:18 AM | #14 | |
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It is possible, $544 quoted for states of florida exclude tax. BASE NO OPTIONS doing ED $577 @ 6% tax rate in Florida.
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CurrentNone! RETIRED [15' GLA250][14' M235i F22 AW-ED 06/16/14][12' 335i F30 AW-ED 05/01/11 PCD 07/01/11] [11' M3 E93 MW-ED 08/13/09 PCD 10/14/09] [09' 135i E82 AW] [07' 335i E90 SB]
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02-22-2011, 05:56 PM | #15 | |
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I just leased an M3 vert, custom build with MSRP of about $82,200. I got 3K off that price. That is about 3K over invoice, which is still not a great financial deal. In general I think that most people could negotiate a lower ultimate sales price. However, in my case, this is the only dealer in town and they provide very good service after the sale. This includes valet service from my work or home for all service appointments and all communication with the SA are done done via texting or direct calls to their cell phone any time I need. I am ok with paying the premium for good service. They have a very good track record with my current E60 M5. But anyway, with that said, the price payment they offered for 12K per year (I went with 15K per year) with $1659 drive off (I do not need to give the $1500 deposit being a return BMW customer) is $915 per month before monthly tax. It sounds like yours is a good deal... Is any of the $2500 that your paying being used to pay down your monthly rate or is it a combination of first month, delivery fees and security deposit? DB |
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02-23-2011, 01:08 PM | #16 | |
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if it's 2500 DRIVE off and 800/month tax INCLUDED take it immediately but, if it's plus tax... and 2500 down plus d/o, you're looking at 4200 drive off 880 a month then it's not a good deal
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02-23-2011, 03:39 PM | #18 |
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02-28-2011, 01:15 PM | #19 |
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Just pulled the trigger on a 2011 e93 m3, fully loaded minus 19'' and upgraded sound, doing ED. Paying drive off. 36 month, 10k /year. Got if for $590/month bf state tax!!
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02-28-2011, 01:39 PM | #20 | |
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so 660 after taxes? Very nice! If you had the 19s and prem sound, you'd be looking at about 690/month with taxes i think still a great deal. 110 less per month than me.... damn 4k.. yeah that was the savings i would have had if I had done ED. One day congrats though!! and take pictures!
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02-28-2011, 02:10 PM | #21 | |
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$645 after taxes. Didn't price w/ sound but w/ 19'' it was $670, but I like the look of the gunmetal 18'' w/ space gray and everyone here has the 19''. Who knows I might get some VMRs. On target with MSRP. One thing I did was put the max security deposit (refunded at the end of the lease) which effectively bought down my money factor to .41. The only reason I decided on the security deposit is I am lemoning my '10 e90 335 and bmw is writing me check. This will be my 2nd ED is 12 months!!! http://www.m3post.com/forums/images/.../happyanim.gif
1st time was with wife and baby. This time with a friend and we're going straight to nurbergring!!! PS - is your friends wind deflector still available?? Quote:
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