Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > M Series > E90/E92/E93 M3 (2008 - 2014)

E90/E92/E93 M3 (2008 - 2014)
4th generation E90 M3 sedan, E92 M3 coupe and E93 M3 convertible. The last of the naturally aspirated M3s, powered by a 4.0 liter V8 making 414hp and 295 lb-ft of torque.

Reply
 
Thread Tools Display Modes
  #1  
Old 01-18-2012, 01:18 PM
milan19762 milan19762 is offline
Registered User
Location: Chicago
 
Join Date: Feb 2011
Posts: 3
Mein Auto: 2008 335xi
M3 Lease Advice

Hi All,

I'm looking to upgrade my 2008 335xi to an M3 Coupe and have spent the last week searching all over this and the Ask-A-Dealer forum for lease advice. I've started to reach out to my local dealers and so far this is the best deal I've been offered:

Space Gray, Cold Weather, Comp, Prem, DCT, BMW Apps, Premium Sound for a MSRP of $75,495. Dealer has offered $74,500 with a 36 month, 12,000 miles lease payment of $1,290 (includes upfront tax of 7.25%).

I looked at ED and this would work out to be $67,860 with a lease payment of $1,106 (same length and miles).

After reading other lease offers on the forum this seems high to me. What would my realistic sale price be (I think ED invoice price should be ~14% below MSRP, so just add on ~$1,000 to that??) Also, how have other people got lease payments of under $900 with similar leases (I realize the upfront tax will add some here). Do the rates change that much?

Thanks in advance for the advice, if you think this is better suited to the Ask-A-Dealer forum let me know and I'll repost



Tony
Reply With Quote
Ads by Google
  #2  
Old 01-19-2012, 05:39 PM
36pounds 36pounds is offline
Registered User
Location: Boston
 
Join Date: Jan 2012
Posts: 2
Mein Auto: E90 M3
Tony-
I did ED on Space Gray/Fox Red E90 M3 with similar options (no premium sound though). My MSRP was $70,625 but my capital cost was $62,315 (something like $2,000 over invoice). My monthly lease payment(12K miles/yr for 30 months) = $880.
Reply With Quote
  #3  
Old 01-19-2012, 07:21 PM
milan19762 milan19762 is offline
Registered User
Location: Chicago
 
Join Date: Feb 2011
Posts: 3
Mein Auto: 2008 335xi
36pounds, thanks for the reply, those kind of number were more what I was hoping for. Have you taken delivery yet?

Cheers!
Reply With Quote
  #4  
Old 01-20-2012, 08:39 PM
36pounds 36pounds is offline
Registered User
Location: Boston
 
Join Date: Jan 2012
Posts: 2
Mein Auto: E90 M3
milan19762-
Took delivery in Munich in June, spent 10 days zooming around Germany visiting various friends (picked up remote camera speeding ticket). Car arrived in Boston a month later in July. Also came from 335i. M3 is my daily driver. Car never fails to put a smile on my face, but is also over the top. 414HP and 4.4 0-60 is really wasted on American highways, especially the pot hole filled streets of Boston (currently covered with this layer of snow).
Reply With Quote
  #5  
Old 01-21-2012, 06:33 PM
icehawks182 icehawks182 is offline
Registered User
Location: Dallas
 
Join Date: Jan 2012
Posts: 3
Mein Auto: Audi
lease help

I am trying to do the same, a 36/10,000/year lease on a space gray with most options (prem, competition, nav, sound, convenience), and the dealer qouted an assanine 1170/month with 3K down (75300 MSRP). i am in TX with tax rolled in.

will i EVER get a dealer to go invoice-up on an M3?

I am trying to get the payments to around $900. any ideas??
Reply With Quote
  #6  
Old 01-21-2012, 06:44 PM
allegretto allegretto is offline
Registered User
Location: in a happy place
 
Join Date: Dec 2011
Posts: 47
Mein Auto: '11 M3 Cv
That is a stupid high price for an M3. Don't follow leases so I can''t tell you about that. But $1K off the window???

Too many BMW dealers in Chicago area, keep looking.
Reply With Quote
  #7  
Old 01-21-2012, 06:50 PM
icehawks182 icehawks182 is offline
Registered User
Location: Dallas
 
Join Date: Jan 2012
Posts: 3
Mein Auto: Audi
thanks. I proposed this to him.

MSRP of 75925
According to Truecar.com, which is a phenomenal resource for new-car-buyers, the national discount average on a similarly-equipped M3 is approx 5%, (http://www.truecar.com/prices-new/bm...=902074,900571) . That would mean an approximate sales price for this vehicle based on average national sales data of $72128.
Also, most BMW enthusiast sites say that you should be able to negotiate $1000-$2000 above invoice, for which the M3's invoice should be in the range of $70,500... this means I should expect to negotiate a price between $71500-72500.
Combining the two, I hope we could agree on a sale price of $72,000 for this car.
BMW Official January 2012 (publically available information: http://www.ridewithg.com/index.php/2...-january-2012/ ) for m3 residuals on a 36/10 are 62% of MSRP, so the residual on that car would be $47,073
BMW acquisition costs are $725.00 ( http://www.bmwblog.com/2008/12/28/how-to-lease-a-car/) and MACO should be $200-$300.
BMW Official January 2012 Money Factor is .00195, (approx 4.5% interest) and your markup should be in the range of .0002, bringing a reasonable rate to .00215
therefore, using the above information, using the edmunds calculators, I should be able to yield a lease amount along the following lines: $994/month with 2K down on a 36mo/10k annual lease.
Reply With Quote
  #8  
Old 01-22-2012, 05:15 AM
Capobranco's Avatar
Capobranco Capobranco is offline
Eye of the Wolf
Location: Potomac, Maryland
 
Join Date: Mar 2010
Posts: 2,433
Mein Auto: M3 ZCP, X3 35i M Sport
^ sounds real +/- a few $
(btw assuming very good credit + prior BMWFS customer - no need to pay markup on money factor)
__________________
BMWCCA

Last edited by Capobranco; 01-22-2012 at 06:08 AM.
Reply With Quote
  #9  
Old 01-22-2012, 08:57 AM
mjposner mjposner is offline
Officially Welcomed to the 'Fest
Location: West Palm Beach
 
Join Date: Dec 2006
Posts: 167
Mein Auto: BMW M
Quote:
Originally Posted by 36pounds View Post
milan19762-
Took delivery in Munich in June, spent 10 days zooming around Germany visiting various friends (picked up remote camera speeding ticket). Car arrived in Boston a month later in July. Also came from 335i. M3 is my daily driver. Car never fails to put a smile on my face, but is also over the top. 414HP and 4.4 0-60 is really wasted on American highways, especially the pot hole filled streets of Boston (currently covered with this layer of snow).
So you can do euro delivery on a lease car too?
Reply With Quote
  #10  
Old 01-22-2012, 09:33 AM
NASA43's Avatar
NASA43 NASA43 is offline
Make Their Ass Quit!
Location: Alabama
 
Join Date: Jul 2003
Posts: 1,266
Mein Auto: 2008 M3
Quote:
Originally Posted by mjposner View Post
So you can do euro delivery on a lease car too?
Absolutely.
__________________
2008 M3 Sedan, Silverstone II, Fox Red Extended, 6MT
Reply With Quote
  #11  
Old 01-22-2012, 11:21 AM
Aronowitz Aronowitz is offline
Registered User
Location: Irvine, CA
 
Join Date: Dec 2011
Posts: 2
Mein Auto: 2012 M3
If you can, consider putting multiple security deposits down to reduce the money factor. Through my research, I found out that BMW Financial Services allows for up to 7 deposits, each reducing the MF by .00007. The beauty of this is that the deposits are refunded at the end of the lease. I ordered an M3 in November and negotiated a 36 month lease (10k/year), no cap cost reduction for $200 over invoice. This came out to $793/month (including my 7.75% sales tax) for an MSRP of $69,825. This was based on $1k credit from their Mission to Drive promotion and the maximum 7 deposits. It is possible to get a good deal on an M3, it just takes some work.
Reply With Quote
  #12  
Old 01-22-2012, 12:47 PM
milan19762 milan19762 is offline
Registered User
Location: Chicago
 
Join Date: Feb 2011
Posts: 3
Mein Auto: 2008 335xi
Quote:
Originally Posted by Aronowitz View Post
If you can, consider putting multiple security deposits down to reduce the money factor. Through my research, I found out that BMW Financial Services allows for up to 7 deposits, each reducing the MF by .00007. The beauty of this is that the deposits are refunded at the end of the lease. I ordered an M3 in November and negotiated a 36 month lease (10k/year), no cap cost reduction for $200 over invoice. This came out to $793/month (including my 7.75% sales tax) for an MSRP of $69,825. This was based on $1k credit from their Mission to Drive promotion and the maximum 7 deposits. It is possible to get a good deal on an M3, it just takes some work.
Thanks for this advice, I'm going to talk to the dealership this week ad see what can be worked out.
Reply With Quote
  #13  
Old 01-22-2012, 01:08 PM
Aronowitz Aronowitz is offline
Registered User
Location: Irvine, CA
 
Join Date: Dec 2011
Posts: 2
Mein Auto: 2012 M3
Good luck!
Reply With Quote
  #14  
Old 01-22-2012, 08:22 PM
edu09's Avatar
edu09 edu09 is offline
Officially Welcomed to the 'Fest
Location: Doral, FL
 
Join Date: Dec 2010
Posts: 172
Mein Auto: 2011 M3 E93 JB
Quote:
Originally Posted by NASA43 View Post
Absolutely.
How do you process the ED? I currently have a lease that will expire on October 2013 and would be interested in getting a lease on the new F83 M3/M4. Once the online credit application with BMWFS is approved for the new car what is the next step to get an Euro Delivery? my M3 is my 2nd leased BMW and as far as I remember when I filed the credit application online, BMW Financial Services always asked for a dealer where I should get my car, how do you get the option to request an ED?
__________________
2013 M3 E93 FB, S/C ESS VT2 650, Akrapovic GT4 Exhaust, Brembo Brakes, HRE RB2 wheels, KW sleeve coil over kit, vorsteiner front lip, OEM rear lip, OSS V4 kit, BMW perfm blk grille, FB side gills, Satin blk windows trim, wind deflector
Reply With Quote
  #15  
Old 01-23-2012, 04:44 AM
Capobranco's Avatar
Capobranco Capobranco is offline
Eye of the Wolf
Location: Potomac, Maryland
 
Join Date: Mar 2010
Posts: 2,433
Mein Auto: M3 ZCP, X3 35i M Sport
October 2013? ....a lot of conjecture about intro of new M3 - I have been told the date is in the Fall of 2014 for coupe and convertible.
__________________
BMWCCA

Last edited by Capobranco; 01-23-2012 at 05:25 AM.
Reply With Quote
  #16  
Old 01-23-2012, 06:29 AM
edu09's Avatar
edu09 edu09 is offline
Officially Welcomed to the 'Fest
Location: Doral, FL
 
Join Date: Dec 2010
Posts: 172
Mein Auto: 2011 M3 E93 JB
Quote:
Originally Posted by Capobranco View Post
October 2013? ....a lot of conjecture about intro of new M3 - I have been told the date is in the Fall of 2014 for coupe and convertible.
I read the F82/83 will be out for spring 2014, I will return my car on October 2013 and will wait until the new M3/4 comes out, this car is not my DD so no problem to wait a few months to get the new model
__________________
2013 M3 E93 FB, S/C ESS VT2 650, Akrapovic GT4 Exhaust, Brembo Brakes, HRE RB2 wheels, KW sleeve coil over kit, vorsteiner front lip, OEM rear lip, OSS V4 kit, BMW perfm blk grille, FB side gills, Satin blk windows trim, wind deflector
Reply With Quote
  #17  
Old 01-23-2012, 09:44 AM
NASA43's Avatar
NASA43 NASA43 is offline
Make Their Ass Quit!
Location: Alabama
 
Join Date: Jul 2003
Posts: 1,266
Mein Auto: 2008 M3
Quote:
Originally Posted by edu09 View Post
How do you process the ED? I currently have a lease that will expire on October 2013 and would be interested in getting a lease on the new F83 M3/M4. Once the online credit application with BMWFS is approved for the new car what is the next step to get an Euro Delivery? my M3 is my 2nd leased BMW and as far as I remember when I filed the credit application online, BMW Financial Services always asked for a dealer where I should get my car, how do you get the option to request an ED?
Check out the European Delivery board. There is a wiki that should answer all your questions. Several dealers on bimmerfest specialize in ED and can take you through the entire process. You can order through one of them.
__________________
2008 M3 Sedan, Silverstone II, Fox Red Extended, 6MT
Reply With Quote
  #18  
Old 01-23-2012, 10:23 AM
edu09's Avatar
edu09 edu09 is offline
Officially Welcomed to the 'Fest
Location: Doral, FL
 
Join Date: Dec 2010
Posts: 172
Mein Auto: 2011 M3 E93 JB
Quote:
Originally Posted by NASA43 View Post
Check out the European Delivery board. There is a wiki that should answer all your questions. Several dealers on bimmerfest specialize in ED and can take you through the entire process. You can order through one of them.
Thanks!
__________________
2013 M3 E93 FB, S/C ESS VT2 650, Akrapovic GT4 Exhaust, Brembo Brakes, HRE RB2 wheels, KW sleeve coil over kit, vorsteiner front lip, OEM rear lip, OSS V4 kit, BMW perfm blk grille, FB side gills, Satin blk windows trim, wind deflector
Reply With Quote
  #19  
Old 03-05-2012, 01:14 AM
jeffyhow jeffyhow is offline
Registered User
Location: USA
 
Join Date: Mar 2012
Posts: 1
Mein Auto: -
Interested about this thread - I've been quoted 2% off MSRP on a 73,345 MSRP M3 (metallic paint, standard leather, prem/smg/cold/comp).

I've been quoted 2% off MSRP on a 73,345 MSRP M3 (metallic paint, standard leather, prem/smg/cold/comp).

I'm being quoted 1,330/month all in on a 24 month lease (unusual term I know) with US delivery and ~700 in upfront fees and 0 down.

They're offering an additional 4,500 off MSRP for ED.

Does this sound reasonable?

Last edited by jeffyhow; 03-05-2012 at 01:40 AM.
Reply With Quote
  #20  
Old 03-05-2012, 04:43 AM
NASA43's Avatar
NASA43 NASA43 is offline
Make Their Ass Quit!
Location: Alabama
 
Join Date: Jul 2003
Posts: 1,266
Mein Auto: 2008 M3
Quote:
Originally Posted by jeffyhow View Post
Interested about this thread - I've been quoted 2% off MSRP on a 73,345 MSRP M3 (metallic paint, standard leather, prem/smg/cold/comp).

I've been quoted 2% off MSRP on a 73,345 MSRP M3 (metallic paint, standard leather, prem/smg/cold/comp).

I'm being quoted 1,330/month all in on a 24 month lease (unusual term I know) with US delivery and ~700 in upfront fees and 0 down.

They're offering an additional 4,500 off MSRP for ED.

Does this sound reasonable?
You can get a MUCH better price with a board sponsor. Go to the site sponsors link at the top of the page, navigate towards the bottom of that page and you will see regional sponsors and their email addresses. Or send one of them a PM.
__________________
2008 M3 Sedan, Silverstone II, Fox Red Extended, 6MT

Last edited by NASA43; 03-05-2012 at 04:47 AM.
Reply With Quote
  #21  
Old 03-05-2012, 09:09 AM
highyo highyo is offline
Officially Welcomed to the 'Fest
Location: manhattan
 
Join Date: Jun 2009
Posts: 1,751
Mein Auto: X5 50i, M3
i used MSDs for a 3 yr/10,000 per year lease for a 75.5k car. my rate (including rolling taxes into the monthly) is right around 900 a month, with 0 down (of course you have to put a big number down for the MSD, but it reduces money factor). if they introduce loyalty in between my build date, i will be the beneficiary. it could take me from 900 to around 875 per month. + i have the CCA reduction (500 for 3 series)
__________________


2013 E70 X5 50i, Saphirschwarz, Dark Burl Walnut Trim, Multi-contour Seats, Sports Activity Package, Premium Sound, Running Boards

2012 E92 M3, Jerezschwarz, Dinan Lower Control Arm Monoball Kit, Dinan Racing Rear Toe Link, Dinan Front Carbon Fiber Strut Tower Braces, Dinan Stage 1 Suspension, Dinan 3:62 LSD, Dinan Underdrive Pulley Kit, Dinan High Flow Carbon Intake, BPM stage 1 and DCT tunes, Passport 9500ci, LI Dual
Reply With Quote
  #22  
Old 03-05-2012, 09:46 AM
NASA43's Avatar
NASA43 NASA43 is offline
Make Their Ass Quit!
Location: Alabama
 
Join Date: Jul 2003
Posts: 1,266
Mein Auto: 2008 M3
Quote:
Originally Posted by highyo View Post
i used MSDs for a 3 yr/10,000 per year lease for a 75.5k car. my rate (including rolling taxes into the monthly) is right around 900 a month, with 0 down (of course you have to put a big number down for the MSD, but it reduces money factor). if they introduce loyalty in between my build date, i will be the beneficiary. it could take me from 900 to around 875 per month. + i have the CCA reduction (500 for 3 series)
I really wish BMWFS would lower their money factors but with their Feb sales up, probably not gonna happen. The rates are just too damn high given where bank interest rates are right now. You are smart to max the SDs though, I always do that.
__________________
2008 M3 Sedan, Silverstone II, Fox Red Extended, 6MT
Reply With Quote
  #23  
Old 03-05-2012, 09:57 AM
highyo highyo is offline
Officially Welcomed to the 'Fest
Location: manhattan
 
Join Date: Jun 2009
Posts: 1,751
Mein Auto: X5 50i, M3
Quote:
Originally Posted by NASA43 View Post
I really wish BMWFS would lower their money factors but with their Feb sales up, probably not gonna happen. The rates are just too damn high given where bank interest rates are right now. You are smart to max the SDs though, I always do that.
i could get some love in march loyalty. who knows. i actually thought the M3 would be a little cheaper, but for those who are getting 1200-1300 per month quotes, keep hammering
__________________


2013 E70 X5 50i, Saphirschwarz, Dark Burl Walnut Trim, Multi-contour Seats, Sports Activity Package, Premium Sound, Running Boards

2012 E92 M3, Jerezschwarz, Dinan Lower Control Arm Monoball Kit, Dinan Racing Rear Toe Link, Dinan Front Carbon Fiber Strut Tower Braces, Dinan Stage 1 Suspension, Dinan 3:62 LSD, Dinan Underdrive Pulley Kit, Dinan High Flow Carbon Intake, BPM stage 1 and DCT tunes, Passport 9500ci, LI Dual
Reply With Quote
  #24  
Old 03-05-2012, 12:27 PM
NASA43's Avatar
NASA43 NASA43 is offline
Make Their Ass Quit!
Location: Alabama
 
Join Date: Jul 2003
Posts: 1,266
Mein Auto: 2008 M3
Quote:
Originally Posted by highyo View Post
i could get some love in march loyalty. who knows. i actually thought the M3 would be a little cheaper, but for those who are getting 1200-1300 per month quotes, keep hammering
My lease is up on April 30. I'm holding out hope that they come forward with some owner loyalty like in December by then. If not, I'll buy the one I'm leasing. The buyout is below market value right now anyway. Only negative is the warranty expires June 30th.
__________________
2008 M3 Sedan, Silverstone II, Fox Red Extended, 6MT
Reply With Quote
  #25  
Old 03-06-2012, 02:45 PM
enigma's Avatar
enigma enigma is offline
Fight On!
Location: San Diego
 
Join Date: Jan 2006
Posts: 1,537
Mein Auto: BMW M3, Z4 M Coupe
Quote:
Originally Posted by edu09 View Post
How do you process the ED? I currently have a lease that will expire on October 2013 and would be interested in getting a lease on the new F83 M3/M4. Once the online credit application with BMWFS is approved for the new car what is the next step to get an Euro Delivery? my M3 is my 2nd leased BMW and as far as I remember when I filed the credit application online, BMW Financial Services always asked for a dealer where I should get my car, how do you get the option to request an ED?
The most important thing is to find a CA who can navigate through the ED process (sounds simple enough but you will find plenty who are either not familiar at all or will screw up the deal royally).

The process is pretty similar to a state-side delivery lease, but for ED, you will have to sign all your lease papers prior (typically 1-2 weeks) to picking your car in Munich. This also means that you will most likely pay for 2-3 months of lease without having the car in your possession. BMWFS will make one payment on your behalf to compensate for it though.



Quote:
Originally Posted by jeffyhow View Post
Interested about this thread - I've been quoted 2% off MSRP on a 73,345 MSRP M3 (metallic paint, standard leather, prem/smg/cold/comp).

I've been quoted 2% off MSRP on a 73,345 MSRP M3 (metallic paint, standard leather, prem/smg/cold/comp).

I'm being quoted 1,330/month all in on a 24 month lease (unusual term I know) with US delivery and ~700 in upfront fees and 0 down.

They're offering an additional 4,500 off MSRP for ED.

Does this sound reasonable?
Never negotiate down from the MSRP. You should negotiate Invoice + $x. In some cases, it makes sense to deal with an out-of-state dealer who will offer a much lower price on ED. Jon S (BMW SB) should be able to give you a better deal than what you've been quoted even when you consider the additional cost of doing business with an out-of-state dealer.
__________________

BMW CCA Member #xx4477
2006 Z4 M Coupe (e86) 6MT
2013 M3 Coupe (e92) 6MT
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > M Series > E90/E92/E93 M3 (2008 - 2014)
Today's Posts Search
Thread Tools
Display Modes

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 On



Forum Jump


All times are GMT -7. The time now is 06:25 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms