|
|
11-09-2008, 12:15 PM | #1 |
Certified Lease Consulant
19
Rep 139
Posts |
BMW M3 Auto Lease Rates - November 2008
BMW Auto Lease Programs – Effective November 2008
These lease programs are provided courtesy of LeaseCompare.com by dealer partners and are NOT for redistribution. Follow these 3 steps for the best lease deal! 1) Use the data listed below each vehicle model, and the Lease Formula at the bottom of this page, to calculate a manufacturer (captive) lease payment. 2) Compare special Bank Lease programs by clicking on the vehicle model name to see instant lease payments. 3) You’ve done your homework, now choose the best lease and start driving your car! NOTE: Choosing a lease program, captive or bank, with the lowest money factor and a realistic residual value will provide you with the best overall leasing option. FREE help on using this data or general leasing questions is available HERE. 2009 BMW M3 Sedan 24 Month – Residual 58% of MSRP – .00285 Base Rate 36 Month – Residual 50% of MSRP – .00285 Base Rate 48 Month – Residual 40% of MSRP – .00285 Base Rate 60 Month – Residual 32% of MSRP – .00285 Base Rate 2009 BMW M3 Coupe 24 Month – Residual 58% of MSRP – .00285 Base Rate 36 Month – Residual 52% of MSRP – .00285 Base Rate 48 Month – Residual 42% of MSRP – .00285 Base Rate 60 Month – Residual 34% of MSRP – .00285 Base Rate 2009 BMW M3 Convertible 24 Month – Residual 52% of MSRP – .00285 Base Rate 36 Month – Residual 47% of MSRP – .00285 Base Rate 48 Month – Residual 38% of MSRP – .00285 Base Rate 60 Month – Residual 32% of MSRP – .00285 Base Rate Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms Lease Payment Calculation Formula: (Cap Cost – Residual Value) / Term = Depreciation (Cap Cost + Residual Value) X Base Rate = Interest Depreciation + Interest = Base Monthly Payment Terms Used in Lease Formula: CAP COST = Vehicle Purchase Price (amount financed) RESIDUAL VALUE = MSRP (window sticker) X Residual % TERM = Length of Lease in Months (3 years = 36 months) BASE RATE = Dealer’s Buy Rate (dealer can mark this up for profit) NOTE: The manufacturer (captive) lease programs provided are for reference only. Base Rates may vary by region. Your dealer has the option of offering you a higher rate. Compare Lease and Loan Payments for Used BMW Models HERE Visit Auto Lease Insider for great leasing info!
__________________
|
11-09-2008, 03:14 PM | #2 |
Sauce
77
Rep 2,023
Posts |
Thanks.
__________________
2009 E90 M3 | Silverstone II | Black Novillo | HRE P40's | Akrapovic Exhaust | Eibach Pro Kit | Jet Black Kidney Grilles | SSII Side Reflectors | SSII Side Gills | LUX H8 Angel Eyes | Macht Schnell Filter | Tecnocraft Envy Charge Pipe
"M3 drivers have no friends." - Jeremy Clarkson |
Appreciate
0
|
11-09-2008, 10:16 PM | #3 |
Got Track!!!!!!
41
Rep 385
Posts |
Those money factors are high compared to last months 08 of .00050
What is the $ factor for the remaining 2008??
__________________
|
Appreciate
0
|
11-10-2008, 09:00 AM | #4 |
Private First Class
5
Rep 178
Posts |
Last month's lease rates on 08's continues through Dec 31st. How can anyone pass that up? You're saving about $250 per month on the finance charge alone not to mention getting invoice pricing.
|
Appreciate
0
|
11-10-2008, 09:19 AM | #5 |
Got Track!!!!!!
41
Rep 385
Posts |
100% ture!
__________________
|
Appreciate
0
|
11-10-2008, 04:01 PM | #6 |
MBWorld Spy
316
Rep 831
Posts |
|
Appreciate
0
|
11-11-2008, 01:16 AM | #7 |
IS350 to IS-F to M3 and M4
118
Rep 803
Posts |
|
Appreciate
0
|
11-11-2008, 01:28 AM | #8 |
Local LOLyer
5
Rep 303
Posts
Drives: 2008 E92 M3
Join Date: May 2007
Location: Dallas, TX
|
Holy crap...those residuals are terrible.
__________________
Audi S5 | '09 X5 xDrive 30i
|
Appreciate
0
|
11-11-2008, 09:13 AM | #9 |
Private First Class
5
Rep 178
Posts |
.00025 on the Sedan and .0005 on the coupe. Amazingly, 08 residuals are pretty much the same as the 09 residuals.
__________________
--------------------------------------------------
2008 M3 Sedan, Silverstone, Fox Red Extended, Carbon Leather Trim |
Appreciate
0
|
11-11-2008, 09:39 AM | #10 |
Certified Lease Consulant
19
Rep 139
Posts |
2008 BMW M3 Coupe
24 Month – Residual 57% of MSRP – .00050 Base Rate 36 Month – Residual 52% of MSRP – .00050 Base Rate 48 Month – Residual 38% of MSRP – .00285 Base Rate 60 Month – Residual 30% of MSRP – .00285 Base Rate 2008 BMW M3 Sedan 24 Month – Residual 57% of MSRP – .00025 Base Rate 36 Month – Residual 52% of MSRP – .00025 Base Rate 48 Month – Residual 37% of MSRP – .00285 Base Rate 60 Month – Residual 30% of MSRP – .00285 Base Rate 2008 BMW M3 Convertible 24 Month – Residual 54% of MSRP – .00025 Base Rate 36 Month – Residual 50% of MSRP – .00025 Base Rate 48 Month – Residual 37% of MSRP – .00285 Base Rate 60 Month – Residual 29% of MSRP – .00285 Base Rate
__________________
|
Appreciate
0
|
11-14-2008, 04:15 AM | #11 |
IS350 to IS-F to M3 and M4
118
Rep 803
Posts |
|
Appreciate
0
|
11-14-2008, 05:31 AM | #12 |
Certified Lease Consulant
19
Rep 139
Posts |
In this case yes, since the cars are similar. Plus, pricing on the '08s should be better.
__________________
|
Appreciate
0
|
11-14-2008, 01:27 PM | #13 |
Private First Class
5
Rep 178
Posts |
If you run the numbers for an identically priced car, the difference in payment between .00285 and .00025 money factors for a 36 month lease on a sedan is $254/month! That doesn't even take into account the fact that you can negotiate a lower Cap cost on the 08s.
__________________
--------------------------------------------------
2008 M3 Sedan, Silverstone, Fox Red Extended, Carbon Leather Trim |
Appreciate
0
|
11-15-2008, 02:39 AM | #14 | |
IS350 to IS-F to M3 and M4
118
Rep 803
Posts |
Quote:
I'm really torn, was considering a least, but .9 for a finance seems rather tempting, even if I DO put zero down either way, the payments aren't that much different and at least with the finance I have the option to keep the car. With the lease, the buyout of course will be higher, even considering the extra monthly payment amount with financing. |
|
Appreciate
0
|
11-15-2008, 09:43 AM | #15 | |
Private First Class
5
Rep 178
Posts |
Quote:
Also, with leasing, you can put down extra security deposits to further lower the money factor. I put two down and my money factor is only .00011. I'm only paying $10/month in interest on my lease (payment is $681) for a total of $420 over the 42 month lease. If I would've bought the car, put $25k down, the total interest paid over 5 years would be $830 (monthly payment would be $645). With leasing, I can leave that $25k in the bank in a 4% CD for 5 years earning over $5k in interest. There is an Acquisition Fee associated with leases that you don't pay when financing. With BMWFS, the base rate is $725. After thinking about it, the .00105 rate you are getting from your dealer must be for the coupe and it says he is doing the maximum markup on it plus he is assuming you won't put a security deposit down. Calculation: .0005 (base coupe MF) + .0004 (max markup) + .00015 (rate increase when not putting down a security deposit) = .00105.
__________________
--------------------------------------------------
2008 M3 Sedan, Silverstone, Fox Red Extended, Carbon Leather Trim Last edited by nasa60; 11-15-2008 at 10:30 AM.. |
|
Appreciate
0
|
11-21-2008, 09:28 AM | #17 |
Private First Class
5
Rep 178
Posts |
After thinking about it, the .00105 rate you are getting from your dealer must be for the coupe and it says he is doing the maximum markup on it plus he is assuming you won't put a security deposit down. Calculation: .0005 (base coupe MF) + .0004 (max markup) + .00015 (rate increase when not putting down a security deposit) = .00105.
I got the base Money Factor on my lease and then put down two Security Deposits to further reduce it.
__________________
--------------------------------------------------
2008 M3 Sedan, Silverstone, Fox Red Extended, Carbon Leather Trim |
Appreciate
0
|
11-26-2008, 01:05 PM | #18 |
Lieutenant Colonel
1084
Rep 1,983
Posts |
Ask him if it's the base rate on the 2008... Sounds like they are marking up the lease money factor.
Can anyone confirm how low the .00285 money factor on the 09 can be lowered to. How much would I have to do for security deposits. Are the refundable? Would love a quick education. |
Appreciate
0
|
Post Reply |
Bookmarks |
|
|