11-26-2020, 12:01 PM | #23 |
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Sure it did but many moons ago $100k USD was not worth what $100k today is. 996 Turbo launched in 1997, $100,000 in 1997 is equal to $162,235 in 2020.
The G80 price vs. inflation has been discussed and, long story short, this car costs exactly the same as F80 and E90 and E46 when you consider the value of a US Dollar today vs. the years when those cars were sold. |
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11-27-2020, 04:09 AM | #24 | |
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If you under contract, then you just gotta ride it out; BMW doesn't give any leniency on their lease terms.. However, $1,000 a month for a new M4 is reasonable.. With like a 12k miles a year allowance.. At that price, I would be indifferent to the beaver-faced grille and all.. Say another $200 a month for insurance and I have the keys to a new M car.. Where do I sign up.. |
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11-27-2020, 06:57 AM | #25 | |
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11-27-2020, 10:32 AM | #26 |
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No it's not. That's almost $40K for a 3 year lease. Might as well buy it.
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11-27-2020, 11:48 AM | #27 | |
Luxury at the redline :)
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11-27-2020, 04:04 PM | #28 | |
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Feel feee to blow $40K on a lease. It's your money.
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11-27-2020, 04:21 PM | #29 | |
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So regardless of leasing or financing, that's roughy what it's going to cost you for the keys, during that duration. Leasing with a decent rent cost is merely just another way of paying for the price of admission and at least you don't have to worry about getting rid of it in the end. You can simple walk away and start anew; some pragmatic folks would never put a price tag on that simple connivence. |
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11-27-2020, 09:18 PM | #30 | ||
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11-27-2020, 11:20 PM | #31 | |||
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You're the one throwing down the "40k" number, hence the quotation.. I'm not going to argue semantics with you, my point was simple if I could obtain with a fully-loaded M4, for a $1,000 month, out the door, without having to worry about future depreciation, that's a decent price, in my humble opinion but if you found a better way, then I'm happy for you A three year old M4, roughly 36k for three years of depreciation: |
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11-28-2020, 07:11 AM | #32 | ||||
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An ED M3 back in 2011 I was paying $770 a month, bought it with $0, drove it for 3 years, sold for $45K, owed $39k on it. Just something to think about to help you save some hard earned cash.
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11-28-2020, 10:55 AM | #34 |
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The M3/M4 is one of those exceptions to the lease vs buy comparison in that typically, it's cheaper to buy an M3/M4 and sell it after 3 years than it would be to lease it.
If we compare the M3 for example: A 3 year old M3 on the used market, with ~30-36k miles on it will typically go for between $50-$55k if it's in good condition, and depending on MSRP. (Keep in mind a 2017 M3 had a starting MSRP of ~$65k) If BMW is currently setting residuals on the M3 at 55% for 10k miles/yr, you're basically saying an $80k M3 is going to be worth $44k, so quite the discrepancy between BMW's residual and what they are going for on the used market. All this being said, this is probably the most controversial design for an M3/M4 that BMW has unveiled, so I'm not sure how that will effect values on the used car market, especially if an LCI ditches the crazy grill. So with purchasing the car, you do assume that risk. I'm generally in favor of leasing, but I will admit there are exceptions to where it just makes more sense to buy and sell after 3 years. You could also lease, then buy out the lease if the value is significantly higher than what your residual is set at if you're trying to hedge against that risk of ownership.
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11-28-2020, 11:17 AM | #35 | |
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You also have to consider all the technology being packed into cars today that wasn't there 15+ years ago. There's a cost associated with that as well.
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11-28-2020, 11:48 AM | #36 | ||
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11-28-2020, 12:36 PM | #37 |
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11-29-2020, 07:34 PM | #39 |
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A pre-owned 992 911 is $100-$110k.
You can get a new M3 around $70-80K after discounts and incentives. That's a $30-40K difference.
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11-29-2020, 07:45 PM | #40 |
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11-29-2020, 09:00 PM | #41 | ||
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I prefer the 991 or even the 997 to the 992. Plus, that car has only 1,200 miles on it... |
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12-02-2020, 06:35 AM | #42 |
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I don't believe the M3/4 are in the same price category as the 911. You would need to fully option out an M3/4 to get into a base no options 911 Carrera territory. Move up the ladder into S or 4S with options and the gap widens fast. Porsche clearly went up market with the 911 both in terms of performance and price. The M3/4 now compete more or less with the Cayman in terms of price and performance, albeit not in the same market segment.
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12-02-2020, 06:44 AM | #43 | |
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With the G82, they significantly upped to base price to 85k. Optioning an M4 to my liking (not even fully loaded) hikes the price above 110k CAD, which is more than what I paid for my M4cs . I guess times are catching up.
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12-02-2020, 07:39 AM | #44 |
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That's interesting, I find the 992 drives so much better than the 991. The EPS is also much improved, almost feels like a hydraulic steering in terms of tactility and feedback.
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