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 > The Best of Bimmerfest! > Ask-A-Dealer

Ask-A-Dealer
Talk to our team of BMW Client Advisors. Get all of your buying/financing/leasing questions answered here!

Reply
 
Thread Tools Display Modes
  #1  
Old 09-09-2012, 01:11 PM
KYOMS KYOMS is offline
Registered User
Location: Louisville, KY
 
Join Date: Jul 2011
Posts: 11
Mein Auto: E92 M3, GLK, Rubicon Unl
2012 M3 vert dealer demo lease?

Considering leasing a "new" 2012 M3 vert:

2,000 miles on vehicle
MSRP: $83,625
Sale price offer: $75,950 (includes $3,000 option allowance, $750 BMW loyalty cash and a $250 discount)

36 months
10,000 miles/year
MF: .00145 (I would put 7 MSDs to drop to .00096)
Res: 58% (Dealer states lowered from 60% because of option allowance)

My biggest concern is sale price. I would think with it being a 2012 MY demo (with 2k miles!) and having two new 2013 M3 verts on the lot, they'd be willing to come down more.

Thoughts?
Reply With Quote
Ads by Google
  #2  
Old 09-09-2012, 03:18 PM
thegandalf thegandalf is offline
Liked when BMW was in F1
Location: GA
 
Join Date: Sep 2012
Posts: 835
Mein Auto: 2013 AH3 Lux Line
Quote:
Originally Posted by KYOMS View Post
Considering leasing a "new" 2012 M3 vert:

2,000 miles on vehicle
MSRP: $83,625
Sale price offer: $75,950 (includes $3,000 option allowance, $750 BMW loyalty cash and a $250 discount)

36 months
10,000 miles/year
MF: .00145 (I would put 7 MSDs to drop to .00096)
Res: 58% (Dealer states lowered from 60% because of option allowance)

My biggest concern is sale price. I would think with it being a 2012 MY demo (with 2k miles!) and having two new 2013 M3 verts on the lot, they'd be willing to come down more.

Thoughts?
Do you know what is the invoice value for the car? That price is so much out of my league that is hard to tell but I would think you could get it lower.

I don't get the part of the lower residual. I could understand an impact due to original miles in the car but bumping the MF because of the allowance makes me think he is not beeing 100% straight. Have you calculated what this 2% means over the life of the loan? That would tell you what the allowance 'really' is.
Reply With Quote
  #3  
Old 09-09-2012, 09:32 PM
miamiboyca's Avatar
miamiboyca miamiboyca is offline
Officially Welcomed to the 'Fest
Location: Dallas, TX
 
Join Date: Jun 2012
Posts: 1,667
Mein Auto: F10 6MT
KYOMS - do you know how to figure out what invoice pricing is for that vehicle with those options? Use BMWconfig.com

Off the top of my head, seem like they are only taking off about $3500 before incentives. Doesn't seem like a good deal when you consider it's 2012 and it has 2000 miles. Also what are they charging you for acquisition fee? Post the invoice cost then and only then will you know if it's a fair deal.

Money factor seems correct and the residual I believe is in line based on the fact that it's a 2012 model year, has nothing to do with the option allowance.
__________________
2013 535i Space Grey, Biege, M-SPort, Premium, Tech, Cold Weather, Luxury Seating, PDC, 6MT ED-10/11/2012 - PCD Redelivery-12/14/12
Reply With Quote
  #4  
Old 09-09-2012, 09:42 PM
Greg@Pacific BMW's Avatar
Greg@Pacific BMW Greg@Pacific BMW is offline
Greg Poland Pacific BMW
Location: Glendale, CA
 
Join Date: Aug 2010
Posts: 2,000
Mein Auto: 2011 X5 3.5 M sport
I have a client that needs to get out of his m3 cvt lease this week...$750 payment you interested? 2012 model
__________________
Warmest Regards,

Greg Poland
Pacific BMW
800 South Brand Blvd.
Glendale, CA 91204
818 254 1491
www.PacificBMW.com
gregpoland@pacificbmw.com
Euro delivery, PC delivery, Out of state-new and used car sales
Hours:T-F 1-8 PM,Sat 1 to 8pm, off Sun and Mon.



Current rides: 2013 X5 msport and 2013 535i
15% over wholesale/invoice for all accessories! and free shipping for Bimmerfest members!!
http://www.youtube.com/watch?v=zEK7hG-3fyA
Reply With Quote
  #5  
Old 09-09-2012, 09:49 PM
BiTurbo BiTurbo is offline
Registered User
Location: Irvine
 
Join Date: Sep 2012
Posts: 9
Mein Auto: 12 CLS63, 08 M6, 13 C250c
If he isn't, I might be

But KYOMS has first pick
Reply With Quote
  #6  
Old 09-09-2012, 10:17 PM
miamiboyca's Avatar
miamiboyca miamiboyca is offline
Officially Welcomed to the 'Fest
Location: Dallas, TX
 
Join Date: Jun 2012
Posts: 1,667
Mein Auto: F10 6MT
Ditto... and I am one of your customers.... lol
__________________
2013 535i Space Grey, Biege, M-SPort, Premium, Tech, Cold Weather, Luxury Seating, PDC, 6MT ED-10/11/2012 - PCD Redelivery-12/14/12
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > The Best of Bimmerfest! > Ask-A-Dealer
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 02:45 AM.


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