Lease on 2011 BMW M3

H

h-lover

Legacy Member
Just for fun I was playing around on the BMW.ca website and constructing a new M3. Check out these numbers and tell me what you think.

MSRP: $75000 (M drive and leather)
36 month lease
Rate: 6.9%
Payment: $1841 tax in.
Residual: $29,250.00

Question: Are they stupid? Who in their right mind would accept a residual at $29K when the average price of a 3-year old M3 on Hebdo is $58 613.

Finance 60 mth @ 5.9%
Payment: $1677

Who in their right mind would be silly enough to accept a rape from BMW for a lease like that?

BMW-M3-Flatt-Black-8.jpg
 
Who really gives a shit? only people who will never afford one and come on here and cry about it....Money is just paper yo!
 
Car manufacturers don't want to lease special trim / edition performance vehicles. To give you an idea, you can get 0.9% on most 2011 Honda leases right now. However, Subaru wants 5.9% for a leased 2011 STI, Mitsubishi wants 8.8% for a leased 2011 EVO, Audi has jacked up rates for the S/RS line, etc.

If you want to lease a performance oriented car you have to be prepared to pay.
 
Quesse que tu ne comprend pas ...il metre la valeur residuel basse pour que la location soit cher et par le fait meme ne pas trop metre de voiture sur la route et scrapé l'exclusivité ....

les gens qui peuvent payer le 1800$ par mois sont content et vont tout simplement racheter la voiture a terme pour la revendre eux meme a profit thats It

C'est la meme chose chez porshe ou louer une boxter a 55 000 sur 3 ans coute presque plus de 1200$/mois...la valeur residuelle par contre va etre a environ 20 000$ ET on sait tous que une boxter de 3 ans se vend au moin 30-35K

je remarquer sa lorsque moi et mon pere on Magasinais pour une voiture neuve de ce type ..(Z4,boxter,ect..) ...dailleur meme cher Subaru ses comme sa la location de la Sti est cher mais le buy back est vraiment plus bas que le marché actuel!
 
The best way to get one would be to have 60K equity on your mortgage at ~3% and then slap the car on it. Re-sell in 2 years and pay only depreciation of about 10K and interest of about $3K for a total of $13K. Net monthly cost to you is $540/mth or so assuming you can re-sell.

Compare that to the total cost to you for a 2-year lease on the vehicle which would be $55 776 or $2324/mth accoridng to BMW.ca. But how many rich people would want the small headache of having to re-sell? There is also the issue of how much money could be made by investing the 50K and leasing the BMW instead? You are saving $42K by using your 50K to own the BMW. Can anyone say they could make more than this by investing their 50K over a two year period?

2011-BMW-M3-GTS3-Limited-Edition-by-Vorsteiner-e90-e92-e93-4.jpg
 
En!vy said:
Car manufacturers don't want to lease special trim / edition performance vehicles. To give you an idea, you can get 0.9% on most 2011 Honda leases right now. However, Subaru wants 5.9% for a leased 2011 STI, Mitsubishi wants 8.8% for a leased 2011 EVO, Audi has jacked up rates for the S/RS line, etc.

If you want to lease a performance oriented car you have to be prepared to pay.
Click to expand...


FYI, most Hondas @ 0.9% will be replaced by new gens in 2012 (late 2011), that's why the rates are SO low, in 2006-2007, the civics were at 4% (lease) because the model was new.

nice M3 by the way
 
h-lover said:
The best way to get one would be to have 60K equity on your mortgage at ~3% and then slap the car on it. Re-sell in 2 years and pay only depreciation of about 10K and interest of about $3K for a total of $13K. Net monthly cost to you is $540/mth or so assuming you can re-sell.

Compare that to the total cost to you for a 2-year lease on the vehicle which would be $55 776 or $2324/mth accoridng to BMW.ca. But how many rich people would want the small headache of having to re-sell? There is also the issue of how much money could be made by investing the 50K and leasing the BMW instead? You are saving $42K by using yoru 50K to own the BMW. Can anyone say they could make more than this by investing their 50K over a two year period?

2011-BMW-M3-GTS3-Limited-Edition-by-Vorsteiner-e90-e92-e93-4.jpg
Click to expand...

et ton point est???

on le sait tous sa ..ceux qui achette ce genre de voiture aussi ..ou veut tu en venir lol
 
Non, le meilleur moyen d'en avoir une est de l'acheter légèrement usagée aux USA et de la payer cash ou avec une marge de crédit (ou hypothécaire) au taux directeur + 0,5%.

En passant, BMW USA ne fond pas ça. Ça coute environ 800-900$ en louer une aux states avec un simple acompte d'environ 2500$. Pour ceux qui y vivent; qu'est-ce que vous attendez?
 
fastweel said:
et ton point est???

on le sait tous sa ..ceux qui achette ce genre de voiture aussi ..ou veut tu en venir lol
Click to expand...

Oui en effet je voulait juste confirmer mes suspicions que louer un bolider comme ca c'est de faire rentrer dans la cue lol.
 
h-lover said:
The best way to get one would be to have 60K equity on your mortgage at ~3% and then slap the car on it. Re-sell in 2 years and pay only depreciation of about 10K and interest of about $3K for a total of $13K. Net monthly cost to you is $540/mth or so assuming you can re-sell. [/img]
Click to expand...

Sales taxes. That's another 9k right there that you must spread over the 2 years period. And the depreciation is going to be a little more than 10k.

But yeah, there are way to get it cheaper than with dealer financing.
 
This is why my gf's dad went with a Q7 after the X5... BMW prices went off the scale in 2008. With a new Audi you get sooo much more for your money.
 
whats the problem? buy it from them after the lease and re-sell it to make about 30 000 back...

After all is said and done your effective payment will be just about 550 a month which is pretty good imo. i could be wrong, but after a few seconds of mental calculation this is what i came up with
 
logik23 said:
If it's worth 58k after 3 years, just buy it from the dealer for 29k and sell it yourself.
Click to expand...



Wow thank you captain obvious.


The problem is that most people cant afford a $1,700 car payment. If BMW's residual value was more accurate the monthly payments on the lease would be half that.
Plus returning a lease like that = getting screwed by BMW. It forces people into buying back the car after the lease.
 
johnrambo007 said:
Wow thank you captain obvious.


The problem is that most people cant afford a $1,700 car payment. If BMW's residual value was more accurate the monthly payments on the lease would be half that.
Plus returning a lease like that = getting screwed by BMW. It forces people into buying back the car after the lease.
Click to expand...

Did you ever think that most people can't afford 1700$ car payments because most people....duh....can't afford an 80,000$ car?
 
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