05-05-2016, 12:53 AM | #89 |
Colonel
866
Rep 2,897
Posts |
In most cases, when you lease a car, you're not paying MSRP. My negotiated price on my M235 was $47 on a $51k MSRP car.
That "discount" from MSRP acts as a cap cost reduction and translates into big payment savings. The flip side is that it makes zero sense buying out the car at the end of the lease since the residual % you would be paying is a % of the higher MSRP number. Buying out the car would negate the initial savings from MSRP. On the M2, since no one is getting anything under MSRP anyway, buying out the car at the end of the lease might make sense. So leasing at these horrible residuals might still be ok if in fact you end up buying the car at lease end. The obvious downside is having an M4 or higher lease payment. But as others have said you will have equity after 3 years. |
Appreciate
1
|
05-05-2016, 02:06 AM | #90 | |
Second Lieutenant
198
Rep 199
Posts |
Quote:
|
|
Appreciate
0
|
05-05-2016, 04:45 AM | #91 | ||
Colonel
1605
Rep 2,421
Posts
Drives: E30 M3 Cecotto, F85, G05, G07,
Join Date: Mar 2006
Location: Outside Atlanta
|
Quote:
__________________
|
||
Appreciate
0
|
05-05-2016, 04:49 AM | #92 | |||
Lieutenant Colonel
1619
Rep 1,768
Posts |
Quote:
|
|||
Appreciate
0
|
05-05-2016, 04:53 AM | #93 | |
Private First Class
72
Rep 134
Posts |
Quote:
|
|
Appreciate
0
|
05-05-2016, 05:22 AM | #94 | ||
Banned
7909
Rep 11,785
Posts |
Quote:
That's the mentality I am referring to. It's as if they didn't even attempt to perform any calculations. Then again , it's also fairly clear that most people don't want a SPECIFIC car, They want A car. Perhaps because they only want to lease ? It's amazing to watch that more than half of the upset M2 buyers in this thread will buy ( or apparently lease ) an M235/M3/M4 and another one third will go get a Porsche.. Go BMW ///Marketing ! |
||
Appreciate
1
|
05-05-2016, 06:40 AM | #95 |
Brigadier General
2545
Rep 3,968
Posts |
Was thinking about this a little more this morning...
what if... in 3 years, the M2 is in plentiful supply, has a full range of colors, 30 more hp, and maybe a competition package? I wonder what that would do to a 3 year old M2....
__________________
2011 1M, Black loaded sans sat radio
2021 911 C4S Gentian Blue, manual 2023 X3 M40i - loaded sans Park Assist |
Appreciate
0
|
05-05-2016, 06:53 AM | #96 | |
Banned
7909
Rep 11,785
Posts |
Quote:
Let's take a look at the M4. 3 years old - check ! Plentiful ? - check! 30 more hp- check! - (comp pkg - $5k) Range of colors - If the plan is to wait 3 years and buy a used M2.. You've lots of time to daydream! If you want an M2 now .. is it worth missing out on 3 years of fun to pay 5K more and likely get the same color ? |
|
Appreciate
1
|
05-05-2016, 07:10 AM | #97 | |
Brigadier General
2545
Rep 3,968
Posts |
Quote:
And last I checked, I don't see any 2014 M4s for sale... and don't get me started on the standard color option for the M3/M4.
__________________
2011 1M, Black loaded sans sat radio
2021 911 C4S Gentian Blue, manual 2023 X3 M40i - loaded sans Park Assist |
|
Appreciate
1
|
05-05-2016, 09:07 AM | #98 | ||
TIM YOYO
1505
Rep 3,282
Posts
Drives: 2013 M3
Join Date: Jun 2010
Location: Vero Beach, FL
|
Quote:
Quote:
__________________
His: 2019 R1250GS - Black
Hers: 2013 X3 28i - N20 Mineral Silver / Sand Beige / Premium, Tech Past: 2013 ///M3 - Interlagos Blue Black M-DCT Past: 2010 135i - TiAg Coral Red 6MT ///M-Sport |
||
Appreciate
1
|
05-05-2016, 09:17 AM | #99 | |
TIM YOYO
1505
Rep 3,282
Posts
Drives: 2013 M3
Join Date: Jun 2010
Location: Vero Beach, FL
|
Quote:
Total purchase cost = sum of payments + residual purchase amount The sum of your payments is the cap cost + finance fees + transaction costs. So your cap cost reduction is realized as savings in that sum. The only thing that changes when you lease vs buy are the finance fees and the transaction costs. The negotiated price is the negotiated price.
__________________
His: 2019 R1250GS - Black
Hers: 2013 X3 28i - N20 Mineral Silver / Sand Beige / Premium, Tech Past: 2013 ///M3 - Interlagos Blue Black M-DCT Past: 2010 135i - TiAg Coral Red 6MT ///M-Sport |
|
Appreciate
0
|
05-05-2016, 09:52 AM | #100 |
Colonel
197
Rep 2,802
Posts |
Porsche rates are brutally high. Everyone is going crazy over M2....I bet there will be unsold units at dealers in a few months. Great car but a lot of hype.
|
Appreciate
0
|
05-05-2016, 09:53 AM | #101 | |
Major
210
Rep 1,048
Posts |
Quote:
__________________
2019 Jeep Wrangler | 2018 BMW 320i | 2016 Porsche Boxster Spyder | 2009 Jeep Wrangler
gone: 2015 M4, 2015 335i, 2012 Turbo S, 2008 M3, 2004 M3, 2003 330xi |
|
Appreciate
0
|
05-05-2016, 10:22 AM | #102 | |
Lieutenant General
3692
Rep 15,083
Posts
Drives: '16 M2, '23 GT4
Join Date: May 2007
Location: NJ
|
Quote:
__________________
IG: Trackinheels
|
|
Appreciate
0
|
05-05-2016, 11:23 AM | #103 |
Brigadier General
504
Rep 3,445
Posts |
This is simply supply and demand. M2's are in short supply so no subsidy on the leases.
__________________
See my photography at http://ronscubadiver.wordpress.com
|
Appreciate
0
|
05-05-2016, 01:03 PM | #104 | ||
Private First Class
34
Rep 191
Posts |
Quote:
Quote:
A plain jane M2 isn't going to bring a premium price in a crowded market. If you are looking for a value proposition, you need to wait for the CS/CSL/GTS version which will be built in limited quantities. |
||
Appreciate
0
|
05-05-2016, 01:12 PM | #105 | |
Private First Class
74
Rep 174
Posts |
Quote:
+1
__________________
2017 F87 M2 M-DCT ALPINWEISS / Oct 2016 / BMW WELT European 'Re-Delivery'
2016 F87 M2 M-DCT ALPINWEISS May 2016 / BMW WELT European Delivery (Gone) 2009 997.2 C4S PDK PCCB (DD) 1991 E30 318is Diamondschwarz/Blk (Garage Queen) |
|
Appreciate
0
|
05-05-2016, 01:48 PM | #106 | |
TIM YOYO
1505
Rep 3,282
Posts
Drives: 2013 M3
Join Date: Jun 2010
Location: Vero Beach, FL
|
Quote:
__________________
His: 2019 R1250GS - Black
Hers: 2013 X3 28i - N20 Mineral Silver / Sand Beige / Premium, Tech Past: 2013 ///M3 - Interlagos Blue Black M-DCT Past: 2010 135i - TiAg Coral Red 6MT ///M-Sport |
|
Appreciate
0
|
05-05-2016, 01:51 PM | #107 |
TIM YOYO
1505
Rep 3,282
Posts
Drives: 2013 M3
Join Date: Jun 2010
Location: Vero Beach, FL
|
Looks like the Penfed payment saver rate is a half point lower than BMW FS finance rate. Heh. Anyone willing to take on the residual value risk would be well advised to have a close look at their program.
__________________
His: 2019 R1250GS - Black
Hers: 2013 X3 28i - N20 Mineral Silver / Sand Beige / Premium, Tech Past: 2013 ///M3 - Interlagos Blue Black M-DCT Past: 2010 135i - TiAg Coral Red 6MT ///M-Sport |
Appreciate
0
|
05-05-2016, 01:54 PM | #108 | ||
Lieutenant General
3692
Rep 15,083
Posts
Drives: '16 M2, '23 GT4
Join Date: May 2007
Location: NJ
|
Quote:
I'm not sure if it matters or if they based it off of the M3 but penfed is using a 67% residual for 36 and 49% for 60 months.
__________________
IG: Trackinheels
|
||
Appreciate
0
|
05-05-2016, 01:56 PM | #109 | |
Lieutenant General
3692
Rep 15,083
Posts
Drives: '16 M2, '23 GT4
Join Date: May 2007
Location: NJ
|
Quote:
__________________
IG: Trackinheels
|
|
Appreciate
1
|
Post Reply |
Bookmarks |
|
|