M3 Owners Monthly Payment.

ericlikescars · 09-19-2008, 05:30 PM

Hey guys, I'm in the market for a BMW right now. I'm torn between an E92 335i or an E92 M3. This car will be a track car as well being that is still one my biggest passions today.

The 335 stock is no track car, where as the M3 is.
I wanna do this right the first time, I can't afford a wrong purchase right now or a purchase I wouldn't be satisfied with.

I know the numbers for the 335, and I just wanted to know what you M3 owners pay as far as monthly payments goes. If you could please just tell me what you put down and how much you financed, and what your monthly payment actually came out to be. Thank You!

Rick · 09-19-2008, 05:36 PM

Delivery Date: 05/09/08
Negotiated Price: MSRP ~$70,000
Total Price out the door: $76,000+change
Purchased or Leased: Purchased
Down Payment: $15,000
Monthly Payment: $1150
Term: 60 Months
Interest Rate: 4.99

BHairsto · 09-19-2008, 05:48 PM

Quote:

Originally Posted by ericlikescars

Hey guys, I'm in the market for a BMW right now. I'm torn between an E92 335i or an E92 M3. This car will be a track car as well being that is still one my biggest passions today.

The 335 stock is no track car, where as the M3 is.
I wanna do this right the first time, I can't afford a wrong purchase right now or a purchase I wouldn't be satisfied with.

I know the numbers for the 335, and I just wanted to know what you M3 owners pay as far as monthly payments goes. If you could please just tell me what you put down and how much you financed, and what your monthly payment actually came out to be. Thank You!

The best thing to do is price the car out with taxes, etc. the way you want it equipped, determine how much you are putting down, determine your preferred bank's interest rate and your desired loan term, and then use an online claculator to crunch the numbers--they're all over the place on the internet, and it will save you the guesswork based on a bunch of widely different answers you may get from everyone here. Between a roughly similarly equipped 335 and M3 with the same down payment, and assuming a 5-yr note, you will probably see about a $300-$400 difference in the monthly note ($100/month for every $5K financed - a little bit of an over-estimate with today's low rates, especially if you are looking at an '08 with BMW's financing incentives).

rickradian · 09-19-2008, 05:50 PM

Just purchased Today.

Sticker:$65,500
Negotiated: $61,500 + tax
0.9% financing / 60 months
34% balloon payment after 60 months

$2,500 down
Monthly Payment including Tax: $737
Balloon Payment: ~$21,000

Although I could of put more down, why should I.

I never thought I can get an M3 at 0.9% financing with such a low monthly payment.

Good luck

zacbol · 09-19-2008, 06:00 PM

36 month lease
Down payment: $5K down (incl title & registration)
Monthly payment: $1185/month
MSRP: ~68K

e92 6MT. Options are:
Enhanced Premium Sound
Satellite Radio
Black Novillo Extended Leather
Technology Package
Premium Package
Carbon Leather Trim

MDCTFTW · 09-19-2008, 06:02 PM

Quote:

Originally Posted by rickradian

Just purchased Today.

Sticker:$65,500
Negotiated: $61,500 + tax
0.9% financing / 60 months
34% balloon payment after 60 months

$2,500 down
Monthly Payment including Tax: $737
Balloon Payment: ~$21,000

Although I could of put more down, why should I.

I never thought I can get an M3 at 0.9% financing with such a low monthly payment.

Good luck

This deal wins.

IWearScrubs · 09-19-2008, 06:15 PM

Cash...

Blake · 09-19-2008, 06:17 PM

Quote:

Originally Posted by MDCTFTW

This deal wins.

+1...seeing a deal like that makes me think about negotiating a new deal. my payment is a lot higher than that

ACZakka325i · 09-19-2008, 06:35 PM

MSRP: $65,900
Negotiated Price: $60,900

36 mo lease at 10k miles/yr
Due at signing: $3,000 <-incl. 1st payment, registration, etc.
Payment: $1,129 incl. tax

e92 Coupe
Metallic Paint, 6mt, Premium, Tech

icemang17 · 09-19-2008, 06:40 PM

Since you list track driving as a primary requirement then the M3 is the way to go, regardless of the extra $$$.... The M3 is designed by BMW for the track....

With that said there is some pretty good deals out there right now....I saw a 6MT at my local dealer with $5k down for $899 a month on a lease.....

808MGuy · 09-19-2008, 06:47 PM

Quote:

Originally Posted by MDCTFTW

This deal wins.

Depends if you plan on paying off that balloon payment at the end of the term. If not, then it''s not such a great deal since you'll have to refinance that balloon payment.

TwistaStick · 09-19-2008, 06:57 PM

Negotiated Price on fully loaded 09 M3 Coupe $68,500.
Out the door roughly $73,000-74,000.
$62,000 from savings, little below $700 a month on a $11-12,000 loan over 18 months.

Captain Scott · 09-19-2008, 08:20 PM

NONE

flyinbrian · 09-19-2008, 08:36 PM

E90 M3 JEREZ BLACK
BLACK NOVILLO LEATHER
SYCAMORE ANTHRACITE TRIM
6MT
PREMIUM
TECHNOLOGY
COLD WEATHER
PREMIUM SOUND
MOONROOF
SATELLITE
USB IPOD
M3 FLOOR MATS

MSRP 66670
INVOICE 61655
PURCHASE PRICE 60695
24 MONTH LEASE
12,000 MILES/YR
0 DOWN
RESIDUAL 63%
MF .00270
6% Sales Tax
Monthly payment $1164

I also forgot to add that I did the Pull Ahead Program with BMW which got me out of my previous lease 3 months early.

BRETT0429 · 09-19-2008, 09:46 PM

how does this work i put a deposit on a coupe @1.9?
i'm in the car business so i know what a ballon is but how did you get it with .9%?
did you confirm this? is it the bmw select plan?
thanks
brett

bmwsloy · 09-19-2008, 09:54 PM

Quote:

Originally Posted by IWearScrubs

Cash...

+1

M3 Nimz · 09-19-2008, 10:04 PM

36 month lease
Down payment: $3K
Monthly payment: $1139/month
MSRP: 68.5K

lvwirelessguy · 09-19-2008, 10:26 PM

What's a payment?

spectrumphoto · 09-20-2008, 01:47 AM

e90
MSRP $68,478
Bought $63,500
OTD $69,010 (inc TTL)

Down: $7k
Loan: $62K
Rate 4.5%
Payment 59mo $837
Balloon $23,400

Typical M3 wholesale value after 5 years is greater than the Balloon so I should be in the green for a trade in or private sale. Kind of like a lease but I own it. Why not keep the extra $200-300 a month savings vs traditional finance and use it for hookers and blow...lol

stevespools · 09-20-2008, 02:05 AM

$1234/mo 60 mo loan $5500 down

same monthly payment as my mortgage

Quote:

Originally Posted by spectrumphoto

e90
Why not keep the extra $200-300 a month savings vs traditional finance and use it for hookers and blow...lol

up your nose and out your hose

ericlikescars · 09-20-2008, 03:37 AM

Man, really appreciate most of the responses! You guys are quick!

Man, the montly is high, but it just seems to make so much more sense with getting the M for a track car. I'll probably end up spending around the same amount of money modding the 335 to compete with it.

Now, $737 a month is absolutely ridiculous for an M3, I would buy one tommorow if this was so. But the question is, what is a balloon payment? Sorry, I'm not familiar with this term so just wanna ask before I call dealers tommorow expecting this number.

Thank You guys so much!

SmokeyJoe · 09-20-2008, 03:41 AM

I put 22,307 down
48 month loan
900 something payment

09-19-2008, 05:30 PM	#1
ericlikescars Second Lieutenant 30 Rep 264 Posts Drives: murder. Join Date: Aug 2008 Location: Granada Hills, California iTrader: (0)	M3 Owners Monthly Payment. Hey guys, I'm in the market for a BMW right now. I'm torn between an E92 335i or an E92 M3. This car will be a track car as well being that is still one my biggest passions today. The 335 stock is no track car, where as the M3 is. I wanna do this right the first time, I can't afford a wrong purchase right now or a purchase I wouldn't be satisfied with. I know the numbers for the 335, and I just wanted to know what you M3 owners pay as far as monthly payments goes. If you could please just tell me what you put down and how much you financed, and what your monthly payment actually came out to be. Thank You!
	Appreciate 0 Tweet Quote

09-19-2008, 05:36 PM	#2
Rick Stackin' Chips 171 Rep 608 Posts Drives: 2008 AW M3 Coupe Join Date: Jan 2008 Location: Santa Monica, CA iTrader: (2)	Delivery Date: 05/09/08 Negotiated Price: MSRP ~$70,000 Total Price out the door: $76,000+change Purchased or Leased: Purchased Down Payment: $15,000 Monthly Payment: $1150 Term: 60 Months Interest Rate: 4.99 __________________
	Appreciate 0 Quote

09-19-2008, 05:50 PM	#4
rickradian New Member 7 Rep 21 Posts Drives: 2008 e90 M3 (Jerez Black) Join Date: Sep 2008 Location: Irvine, CA iTrader: (0)	Just purchased Today. Sticker:$65,500 Negotiated: $61,500 + tax 0.9% financing / 60 months 34% balloon payment after 60 months $2,500 down Monthly Payment including Tax: $737 Balloon Payment: ~$21,000 Although I could of put more down, why should I. I never thought I can get an M3 at 0.9% financing with such a low monthly payment. Good luck
	Appreciate 0 Quote

09-19-2008, 06:00 PM	#5
zacbol Private 12 Rep 62 Posts Drives: 2008 E92 M3 Join Date: Aug 2008 Location: Bellevue, Wa iTrader: (0)	36 month lease Down payment: $5K down (incl title & registration) Monthly payment: $1185/month MSRP: ~68K e92 6MT. Options are: Enhanced Premium Sound Satellite Radio Black Novillo Extended Leather Technology Package Premium Package Carbon Leather Trim
	Appreciate 0 Quote

09-19-2008, 06:15 PM	#7
IWearScrubs Doctor Awesome! 10 Rep 194 Posts Drives: M3 Sedan 6MT Jerez and Fox Red Join Date: May 2008 Location: Minneapolis, MN iTrader: (0)	Cash...
	Appreciate 0 Quote

09-19-2008, 06:35 PM	#9
ACZakka325i Colonel 277 Rep 2,008 Posts Drives: 2 stroke Join Date: Jul 2005 Location: CT iTrader: (2)	MSRP: $65,900 Negotiated Price: $60,900 36 mo lease at 10k miles/yr Due at signing: $3,000 <-incl. 1st payment, registration, etc. Payment: $1,129 incl. tax e92 Coupe Metallic Paint, 6mt, Premium, Tech __________________ (Waitlist): #1 M2CSL (Current): 2016 F15 X5 3.5xdrive - 2010 997.2 C4S Coupe (Past): 2016 F30 340xi M-Sport -2013 535i xdrive 2008 E92 M3 - 2006 E90 325i 2002 E46 325xi - 1991 E30 325i
	Appreciate 0 Quote

09-19-2008, 06:40 PM	#10
icemang17 Captain 41 Rep 644 Posts Drives: 2008 E92 M3 DCT Join Date: May 2008 Location: Stockton CA iTrader: (0)	Since you list track driving as a primary requirement then the M3 is the way to go, regardless of the extra $$$.... The M3 is designed by BMW for the track.... With that said there is some pretty good deals out there right now....I saw a 6MT at my local dealer with $5k down for $899 a month on a lease..... __________________ Brian 2008 E92 M3, MR, DCT, extended BB leather, loaded! 1988 Porsche 928S4, Guards red/Champagne leather 1989 Porsche 928S4 track beast!!!
	Appreciate 0 Quote

09-19-2008, 06:57 PM	#12
TwistaStick Second Lieutenant 36 Rep 296 Posts Drives: 2009 AW BMW E92 M3 DCT Join Date: Jul 2008 Location: Wichita Falls, Texas iTrader: (0)	Negotiated Price on fully loaded 09 M3 Coupe $68,500. Out the door roughly $73,000-74,000. $62,000 from savings, little below $700 a month on a $11-12,000 loan over 18 months.
	Appreciate 0 Quote

09-19-2008, 08:20 PM	#13
Captain Scott Second Lieutenant 4 Rep 251 Posts Drives: 09 E92 Join Date: Jul 2008 Location: St Paul MN iTrader: (0)	NONE
	Appreciate 0 Quote

09-19-2008, 08:36 PM	#14
flyinbrian First Lieutenant 23 Rep 358 Posts Drives: 2011 535i Join Date: Oct 2005 Location: Michigan iTrader: (1)	E90 M3 JEREZ BLACK BLACK NOVILLO LEATHER SYCAMORE ANTHRACITE TRIM 6MT PREMIUM TECHNOLOGY COLD WEATHER PREMIUM SOUND MOONROOF SATELLITE USB IPOD M3 FLOOR MATS MSRP 66670 INVOICE 61655 PURCHASE PRICE 60695 24 MONTH LEASE 12,000 MILES/YR 0 DOWN RESIDUAL 63% MF .00270 6% Sales Tax Monthly payment $1164 I also forgot to add that I did the Pull Ahead Program with BMW which got me out of my previous lease 3 months early.
	Appreciate 0 Quote

09-19-2008, 09:46 PM	#15
BRETT0429 Private First Class 7 Rep 106 Posts Drives: M3 Join Date: Sep 2008 Location: NY iTrader: (1) Garage List 2008 M3 [0.00]	how does this work i put a deposit on a coupe @1.9? i'm in the car business so i know what a ballon is but how did you get it with .9%? did you confirm this? is it the bmw select plan? thanks brett
	Appreciate 0 Quote

09-19-2008, 10:04 PM	#17
M3 Nimz ///M 9 Rep 74 Posts Drives: 2008 IB e92 M3 Join Date: Sep 2008 Location: Beverly Hills, CA iTrader: (0)	36 month lease Down payment: $3K Monthly payment: $1139/month MSRP: 68.5K
	Appreciate 0 Quote

09-19-2008, 10:26 PM	#18
lvwirelessguy Captain 30 Rep 955 Posts Drives: 2011 E92 M3, 2012 Golf TDI Join Date: Feb 2006 Location: 702 iTrader: (1) Garage List 2005 M3 [0.00]	What's a payment?
	Appreciate 0 Quote

09-20-2008, 01:47 AM	#19
spectrumphoto Just another peanut in the Turd! 92 Rep 598 Posts Drives: g16M850;f30M550;f80M3-ED;e90M3 Join Date: Aug 2008 Location: Hollywierd, SoCal iTrader: (2)	e90 MSRP $68,478 Bought $63,500 OTD $69,010 (inc TTL) Down: $7k Loan: $62K Rate 4.5% Payment 59mo $837 Balloon $23,400 Typical M3 wholesale value after 5 years is greater than the Balloon so I should be in the green for a trade in or private sale. Kind of like a lease but I own it. Why not keep the extra $200-300 a month savings vs traditional finance and use it for hookers and blow...lol
	Appreciate 0 Quote

09-20-2008, 03:37 AM	#21
ericlikescars Second Lieutenant 30 Rep 264 Posts Drives: murder. Join Date: Aug 2008 Location: Granada Hills, California iTrader: (0)	Man, really appreciate most of the responses! You guys are quick! Man, the montly is high, but it just seems to make so much more sense with getting the M for a track car. I'll probably end up spending around the same amount of money modding the 335 to compete with it. Now, $737 a month is absolutely ridiculous for an M3, I would buy one tommorow if this was so. But the question is, what is a balloon payment? Sorry, I'm not familiar with this term so just wanna ask before I call dealers tommorow expecting this number. Thank You guys so much!
	Appreciate 0 Quote

09-20-2008, 03:41 AM	#22
SmokeyJoe Breakin the Law 14 Rep 119 Posts Drives: M3 E92 2008 Jarez DCT Join Date: May 2008 Location: Mannheim Germany iTrader: (0)	I put 22,307 down 48 month loan 900 something payment Attached Images
	Appreciate 0 Quote