[Transfer]

Originally Posted by mattssi

Same. 9% ish on the M4 and a little less (5-6%) on the M3 seems to be doable.

Why do you think there can be better discounts on M4?

[BMW Lunatic]

Can people please keep this thread informative by just posting actual deals and breakdowns so us fellow forum members looking to purchase / lease are well versed .


MSRP
Selling price
Mf
Residual
Your taxes
Lease payment

Appreciate everyone's input and thanks in advance,

Lunatic!

[Ghozthunter]

Originally Posted by BMW Lunatic

Can people please keep this thread informative by just posting actual deals and breakdowns so us fellow forum members looking to purchase / lease are well versed .


MSRP
Selling price
Mf
Residual
Your taxes
Lease payment

Appreciate everyone's input and thanks in advance,

Lunatic!

I've been lurking this post for just that very information. Looking at getting a M3 Comp and want to make sure I get a great deal.

[KevinGS]

With interest rates at an all-time low for new, luxury cars (1.99% for 60 months, and around 2.99% for 72 months), why aren't more of us considering to simply purchase the car? Without a low Money Factor, or a steep lease discount (which should be applied to most purchase offers as well), the payments seem to be about the same.

And if the payments are the same (with roughly the same cash outlay upfront), why not just buy it? We can still turn the car in after 3 years, even sooner if we want, and there's no mileage penalties.

I thought one of the largest advantages of leases were the lower monthly payments, but these low interest rates are challenging that advantage.

What am I missing?

[BMdoubleUTIFUL]

A big advantage is the depreciation factor. If something were to happen to the car when you buy it, you face depreciation based on a not so clean history of the car.

If you lease it, you're guaranteed to at least get whatever the turn in price which may be higher than the depreciation from the damage.

[acre22f90]

Originally Posted by BMdoubleUTIFUL

A big advantage is the depreciation factor. If something were to happen to the car when you buy it, you face depreciation based on a not so clean history of the car.

If you lease it, you're guaranteed to at least get whatever the turn in price which may be higher than the depreciation from the damage.

This is looking like the only disadvantage though, correct?

Especially If you're interested in the option of a potential exit in 1.5 - 2 years, these initial lease offers are most likely gonna need a substantial cash incentive on top.

Just by doing some research on 2018 f80, I'm showing ~22-25k depreciate after 3 years on ~10k mile/year cars.

As much as I enjoyed leasing, I may be going the purchase route this time, being that I drive ~6k miles annually.

[CklSpeciale]

Originally Posted by KevinGS

With interest rates at an all-time low for new, luxury cars (1.99% for 60 months, and around 2.99% for 72 months), why aren't more of us considering to simply purchase the car? Without a low Money Factor, or a steep lease discount (which should be applied to most purchase offers as well), the payments seem to be about the same.

And if the payments are the same (with roughly the same cash outlay upfront), why not just buy it? We can still turn the car in after 3 years, even sooner if we want, and there's no mileage penalties.

I thought one of the largest advantages of leases were the lower monthly payments, but these low interest rates are challenging that advantage.

What am I missing?

I know for a fact that a lot of people track their leased car. So maybe it is better for them to secure a safe exit.

[BMdoubleUTIFUL]

My plan is to lease and buy out at the end. If I don't see the point of upgrading then I'll refinance the residual. If I want a new model then I'll sell to a third party. But at least the security of knowing depreciation won't be a problem, is what makes it attractive

[snareman]

Originally Posted by BMW Lunatic

Can people please keep this thread informative by just posting actual deals and breakdowns so us fellow forum members looking to purchase / lease are well versed .


MSRP
Selling price
Mf
Residual
Your taxes
Lease payment

Appreciate everyone's input and thanks in advance,

Lunatic!

And for those of us buying:

MSRP
Selling price



Assuming you finance through BMWFS, would a dealer/BMW prefer you lease or buy? Would a dealer discount a purchase vs lease different or is it the same to them?

[Transfer]

Depending on state, with finance you pay a whole lot of tax up front vs lease you pay less than half the tax, divided over 36 months (without interest). For me, that's about $9000 tax on purchase day or $4000 over 36 months lease with the rest of the tax due if I buy out at lease end. Sucks to add $9k onto a $90k car that I might not keep beyond 3 years.

[xlover]

Originally Posted by snareman

And for those of us buying:

MSRP
Selling price



Assuming you finance through BMWFS, would a dealer/BMW prefer you lease or buy? Would a dealer discount a purchase vs lease different or is it the same to them?

Dealers have little incentive to care how you choose. There is probably on some level some sales tactics for the pigeons to use lease to present a lower payment or for the dealer to build repeat for a new purchase in 3 years but ultimately they are getting paid in full either by bmwfs or by the customers bank (or strait cash!)

[doug_999]

Originally Posted by KevinGS

With interest rates at an all-time low for new, luxury cars (1.99% for 60 months, and around 2.99% for 72 months), why aren't more of us considering to simply purchase the car? Without a low Money Factor, or a steep lease discount (which should be applied to most purchase offers as well), the payments seem to be about the same.

And if the payments are the same (with roughly the same cash outlay upfront), why not just buy it? We can still turn the car in after 3 years, even sooner if we want, and there's no mileage penalties.

I thought one of the largest advantages of leases were the lower monthly payments, but these low interest rates are challenging that advantage.

What am I missing?

There are pros and cons for both.
First off, you need a good residual to make leasing worthwhile. That's not the case with the M2 - while the car holds its value very well (possibly better than most BMWs), its residual from BMWFS is terrible.

Now, if you get a good residual, and the M3/M4 are headed there (60% for 3 years/10K is a good residual), then the real advantage is the fact that your options all retain 60% of their value. Because on Trade, many things do not add value - for instance, those cool new seats? They are going to be near worthless on trade - the dealer is not going to give you a bunch more money. But with a lease, they are worth 60% of whatever they cost.

Some also will say "and if you own a business.." - alas, that's not always what it is cracked up to be (the write-off is more consistent with the lease, but at the end of the day, the amounts are the same). And don't forget that you need to use the car for at least 50% business purposes and no, driving to/from work is not worth it.

Last but not least, the "I got a nice car fax ding on it so I'm dumping it at the end of my lease" is always nice. BUT you shouldn't pay a ton more for it (the peace of mind that is).

HTH

[DAC17]

Also, for those of you that are focused on the "safe exit", be sure to read the fine print in the lease about "excess wear and tear" before you consider that point.

[M3PGH]

Originally Posted by BMW Lunatic

Can people please keep this thread informative by just posting actual deals and breakdowns so us fellow forum members looking to purchase / lease are well versed .


MSRP
Selling price
Mf
Residual
Your taxes
Lease payment

Appreciate everyone's input and thanks in advance,

Lunatic!

I will add amount paid at signing and that included.

[chadkoepf]

I went to two dealers in the baltimore area looking to order a M3 and neither of them were willing to negotiate anything at all, full MSRP to even have the conversation. I'm drooling at these deals you folks are getting, and I'll pull the trigger as soon as I know dealers are willing to negotiate again in my area. I want out of this tesla model 3 bad

[snareman]

Originally Posted by chadkoepf

I went to two dealers in the baltimore area looking to order a M3 and neither of them were willing to negotiate anything at all, full MSRP to even have the conversation. I'm drooling at these deals you folks are getting, and I'll pull the trigger as soon as I know dealers are willing to negotiate again in my area. I want out of this tesla model 3 bad

You should be able to find plenty of online dealers that will give you a deal and then you can do a PCD or have it delivered to your dealer. There are several on here.

[doug_999]

Originally Posted by snareman

You should be able to find plenty of online dealers that will give you a deal and then you can do a PCD or have it delivered to your dealer. There are several on here.

I believe, the car has to be delivered to the dealer you order from or the PCD. So you either need to drive or ship it from one of those two locations. Having it "delivered to your local dealer" is not an option that I'm aware of unless you ordered it from them.

[MJO316]

Originally Posted by Kminor2578

Just locked in my deal.

M3 Comp Frozen Portimao Blue metallic
Black Extended Merino Interior
Carbon Fiber Trim
Driving Assistance Professional Package
Parking Assistance Package
Executive Package
Front ventilated seats
Shadowline lights
Black 826M 19/250"

5.6% off MSRP.
56% Residual 36m/12K
MF 0.00086
build week 15 (might get moved up)

If anyone else has seen the car in person and has driven it, 5.6% I am happy with that price. The payment is 936 with taxes up front.

I need to see this in writing. Literally. So I can take it to a dealership and get them to match it.

[OSee]

Originally Posted by doug_999

It certainly is a catch.

You wrote "Just like a lease. Not a catch in site."

and the fact is, in some states it is NOT "just like a lease" and there are catches.

Quotation marks, capitalized words for emphasis, what you call facts, parsing of every word to find something to fight about. I bet you're never wrong. You must be a blast at parties. Congratulations on your internet victory.

Back to the regularly scheduled Pricing, Ordering, Leasing / Purchasing, Deliver program.

Balloon loans with walk away clauses from your local credit union is an excellent option and lease alternative! They are a fairly new product. To the local SoCal'ers Pasadena Credit Union offers it. Check it out!

[doug_999]

Originally Posted by OCfromOC

Quotation marks, capitalized words for emphasis, what you call facts, parsing of every word to find something to fight about. I bet you're never wrong. You must be a blast at parties. Congratulations on your internet victory.

Interesting. I simply point out that other states might have tax issues with balloon options- and you say something to the effect of "if they don't know their state taxes, that's not my issue"

and yet, this thread is meant to be informative.

But you have turned it personal and I'm the bad guy for pointing out something people might want to consider. Interesting.

PS - I am a blast at parties

[Delmoney335]

M3 Comp BSM
Silverstone/black Extended Merino Interior
Carbon Fiber Trim
Carbon bucket seats
Executive Package
Shadowline lights
Black 826M 19/20"

7% off MSRP.
57% Residual 36m/10k
MF 0.00086

Production early May (not sure exact week #)

[Salespunk]

Originally Posted by KevinGS

With interest rates at an all-time low for new, luxury cars (1.99% for 60 months, and around 2.99% for 72 months), why aren't more of us considering to simply purchase the car? Without a low Money Factor, or a steep lease discount (which should be applied to most purchase offers as well), the payments seem to be about the same.

And if the payments are the same (with roughly the same cash outlay upfront), why not just buy it? We can still turn the car in after 3 years, even sooner if we want, and there's no mileage penalties.

I thought one of the largest advantages of leases were the lower monthly payments, but these low interest rates are challenging that advantage.

What am I missing?

For me personally, sales tax and ease of transfer. In California we only pay tax on the monthly payment. In addition the ease of transferring BMW leases is a huge advantage as well. The sales tax on an $85K purchase would be about $6500. I usually transfer within 18 moths so I would pay tax on about $12K instead or about $1K. That $5500 would be lost money equating to about $450/mo.