[Modawg]

Long time reader, first time poster...please be gentle (LOL).

A few questions about this topic. I also have an M2 on order and paid down money sometime last January. However, I will do ED of this car in December of this year, long time away. But I just wanted to be sure to get in line. I was expecting this to be a "high lease" so I researched purchase and it looks like around $750 p/m or so as I safe about 7% by doing the ED program.

My question is, as I don't have to worry about financing until about the November/December time frame will the lease terms be a little bit better by then? It sounds like some of you are thinking that it will get better over time. Does BMW change these on a monthly/quarterly basis?
Also my dealership seems to think that since I won't pick it up until December that I may be looking at a '17 model vs. a '16 model. Any thoughts on that?

I know the price is high....but I really want one and I guess I was prepared for this thanks to this forum.

Thank you!

[G8rGrl]

Originally Posted by Modawg

Long time reader, first time poster...please be gentle (LOL).

A few questions about this topic. I also have an M2 on order and paid down money sometime last January. However, I will do ED of this car in December of this year, long time away. But I just wanted to be sure to get in line. I was expecting this to be a "high lease" so I researched purchase and it looks like around $750 p/m or so as I safe about 7% by doing the ED program.

My question is, as I don't have to worry about financing until about the November/December time frame will the lease terms be a little bit better by then? It sounds like some of you are thinking that it will get better over time. Does BMW change these on a monthly/quarterly basis?
Also my dealership seems to think that since I won't pick it up until December that I may be looking at a '17 model vs. a '16 model. Any thoughts on that?

I know the price is high....but I really want one and I guess I was prepared for this thanks to this forum.

Thank you!

http://f80.bimmerpost.com/forums/sho....php?t=1084623

http://f87.bimmerpost.com/forums/sho....php?t=1232209

http://f30.bimmerpost.com/forums/sho....php?t=1082153

[Ian ///M]

Originally Posted by G8rGrl

No, the M2 is not 2x as nice as the M235i. The M2 also is not as nice as higher MSRP cars than can be had for lower monthly payments. The "gamble" with leasing this particular car is whether the value at the end of the lease term will be higher than the lease buyout. We can't predict that with certainty.

Im sure this has given you a lot of clarity in regard to deciding what car you are getting. Now im debating getting big brother....there are a lot nicer cars to be had at better rates and im not comfortable with the notion of financing a car with LCI and CS versions right around the corner. All indicators of terrible resale IMO

[G8rGrl]

Originally Posted by Ian ///M

Im sure this has given you a lot of clarity in regard to deciding what car you are getting. Now im debating getting big brother....there are a lot nicer cars to be had at better rates and im not comfortable with the notion of financing a car with LCI and CS versions right around the corner. All indicators of terrible resale IMO

It sure has given me clarity! These cars are all commodities and depreciating assets but some choices make more fiscal sense than others. Then there is the "just because I feel like it" factor.

[W///]

Originally Posted by G8rGrl

It sure has given me clarity! These cars are all commodities and depreciating assets but some choices make more fiscal sense than others. Then there is the "just because I feel like it" factor.

The "just because I feel like it" factor always bites me in the ass. And more than just talking about cars too

[JNoSol]

If the M2 holds its value as well as the 1M (prediction), wouldn't you rather buy it?

[ACZakka325i]

Originally Posted by JNoSol

If the M2 holds its value as well as the 1M (prediction), wouldn't you rather buy it?

That is not going to happen, with 99.9% certainty. Hence all the discussion around here about value.

[dmk08]

Originally Posted by JNoSol

If the M2 holds its value as well as the 1M (prediction), wouldn't you rather buy it?

Why would it hold value like that? M2 is a standard production car not a limited run.

[JNoSol]

Originally Posted by ACZakka325i

That is not going to happen, with 99.9% certainty. Hence all the discussion around here about value.

Originally Posted by dmk08

Why would it hold value like that? M2 is a standard production car not a limited run.

Gotcha. For some odd reason, I thought there will be only few thousands planned. I guess not. They only made 6300 1M, they do hold their value so well. Maybe the M2 GTS is what I'm thinking.

[BEM-S4]

Originally Posted by hyperzulu

This whole thread is full of useless crap. If you're paying $800 in principle every month for 36 months, that's almost $30,000 after three years. Who is going to sell their three year old M2 for $26,000? No one.

You could likely sell it for $40,000 which means your buyout from BMW would allow you to pocket almost $14,000. Pretty sure you will get more than 40 but let's just keep it simple. $14,000 over three years is nearly $400 a month. So it's almost as if you're only paying $5-600 a month for the lease.

Most BMW leases you pay and you get nothing at the end. With this lease if you decide to walk away at 36 months, you're likely pocketing a lot of money. Shit, you could walk at 24 months and still come out with cash.

This is exactly the point I was trying to make, must have missed your comment and you explained it way better than I did which led to some nonsense argument about the numbers I chose for illustrative purposes. Basically in this scenario you overpay during the lease than get a rebate back at the end. That's all I was trying to get at, it's not like you magically have $14K in your example that's pure profit. To drastically oversimplify the example, you overpaid for too much depreciation and by truing it up to market value you get a rebate.

[ACZakka325i]

Originally Posted by BEM-S4

This is exactly the point I was trying to make, must have missed your comment and you explained it way better than I did which led to some nonsense argument about the numbers I chose for illustrative purposes. Basically in this scenario you overpay during the lease than get a rebate back at the end. That's all I was trying to get at, it's not like you magically have $14K in your example that's pure profit. To drastically oversimplify the example, you overpaid for too much depreciation and by truing it up to market value you get a rebate.

Money factor of .00135 = 3.24% APR. Not terrible. But you can do better.

[boostaholic786]

Originally Posted by gabeyts

With residuals that bad... if there are enough cars out there wouldn't it be wiser to wait (if you could) and buy a used one?

DEF would be WELL WORTH THE WAIT AND PURCHASE A PRE-OWNED M2....Thats actually on any vehicle but this one in particular is retarded to "lease" for the simple fact that your almost paying $1000.00 a MONTH for the most "entry" level ///M car....

I would personally get the M3/M4. Especially with leasing options for the M2. Yes, the M2 MIGHT, and again thats a "MIGHT" be one of those cars you keep forever, like the 1M but I highly doubt it with BMW production units for the M2.....
just my 2cents

[Aloha Joe]

Probably the minority on here, but if you're a business owner who uses your car at a high percentage for business, and will actually purchase the M2 at the end of a 3 year lease. These numbers actually benefit us.

[Driver37]

Originally Posted by dmk08

Demand of an M3 is still limited and I can get one at $500 over. Its relationship.

Meh... M3's are a different story. When they first came out you were nuts to think you were getting anything close to where they are currently being priced.

Dealers are currently advertising at 7% off for those with no relationship. Just look at the market. (Just sold one the other day)

It just comes down to time. Let the honeymoon phase settle and then we will start to see the market adjust in the consumers favor.

[paradoxical3]

Originally Posted by Aloha Joe

Probably the minority on here, but if you're a business owner who uses your car at a high percentage for business, and will actually purchase the M2 at the end of a 3 year lease. These numbers actually benefit us.

I am in that position but trying to decide if it will actually hold value since it is a mass produced car.

[Aloha Joe]

Originally Posted by paradoxical3

I am in that position but trying to decide if it will actually hold value since it is a mass produced car.

Yes, no way of knowing what the value of an M2 will be 3 years from now but that really won't be a big deal.

Because if you are a business owner like me and plan on leasing the M2 for the first 3 years, then purchasing it at the end of the lease. Taking into account the MF & RV posted earlier on this thread. Then keep the car for an additional 2-3 years after purchase. It's an excellent deal with the deductions that we are allowed. Luvin this M2 more & more!

[gmzanatta]

Originally Posted by ACZakka325i

That is not going to happen, with 99.9% certainty. Hence all the discussion around here about value.

Considering the MY2016 is sold out and most folks signing up now won't get one until mid-2017, I'd say there's a very good chance it will hold it value quite well.

It won't be a 1M but it'll be close.

[dmk08]

Originally Posted by Driver37

Meh... M3's are a different story. When they first came out you were nuts to think you were getting anything close to where they are currently being priced.

Dealers are currently advertising at 7% off for those with no relationship. Just look at the market. (Just sold one the other day)

It just comes down to time. Let the honeymoon phase settle and then we will start to see the market adjust in the consumers favor.

Well I was told I could expect to get a good discount on an M2 if I wanted one in Dec so I guess we will see. 2-Series LCI is in 17 anyway I believe so I'm not keen on being a first year guy again this time around.

The 7% off you gave must have been on a lot car sitting there a while cause normally your dealer doesn't budge much on pricing

[guydude]

Originally Posted by RingMeister01

991.2 for $1000? With all four wheels included??

Share please

991 for $1000/month my friend.

[RingMeister01]

Originally Posted by guydude

991 for $1000/month my friend.

[ACZakka325i]

Originally Posted by guydude

991 for $1000/month my friend.

What is due at signing? I believe this deal is with large cap cost reduction and before tax. Please do not misinform people around here. This deal is same as any, if it sounds too good to be true ......

[dmk08]

Originally Posted by ACZakka325i

What is due at signing? I believe this deal is with large cap cost reduction and before tax. Please do not misinform people around here. This deal is same as any, if it sounds too good to be true ......

Yep 7k due at signing on that lease.