[550Reasons]

LOL ! if Im going to pay around 950$ / month rather shell out a bit more and get a M5 ... which is worth double ...

Your better off buying the car, probably get the payment down to $750

[M3 Number 86]

Put $15k down on a $50k car for 72 months and it should be ~$600 a month. Sell it at 3 years. Make profit.

Or choose the balloon payment option. Finance for even lower then sell the car for profit.

[RobbyMack]

Bunch of guys at the top of their dealers list are backing out right about now I suspect. Good news for any of you wanting to finance and not in the top spot on your dealers list. Could bump you to the top spot. Same thing happened at m3/4 release. Lease numbers sucked then improved through the year as the early adopters get hit with the premium. For those that really need to have it, and really need to lease, the bright side is I doubt the M2 will be worth 49% residual at lease end. You likely can sell yourself and recoup some of those costs pretty easily.

[XRAVE]

Originally Posted by M3 Number 86

Put $15k down on a $50k car for 72 months and it should be ~$600 a month. Sell it at 3 years. Make profit.

Or choose the balloon payment option. Finance for even lower then sell the car for profit.

I'd love to know how your buying a car and making a profit. Unless that car is worth 120% the original value, your not making any profit.

Equity on a depreciating asset is not profit.

[bizzyqu]

Originally Posted by G8rGrl

$979.73 per month to lease...

you are forgetting the $5,000 dealer markup

[pimp4cheddar]

Originally Posted by M3 Number 86

Put $15k down on a $50k car for 72 months and it should be ~$600 a month. Sell it at 3 years. Make profit.

Or choose the balloon payment option. Finance for even lower then sell the car for profit.

Your math made sense up to the point where you said, "Put $15k down on a $50k car..."

That's insane to dump that kind of cash into a car and still pay $600 a month for a lease.

This car is basically a zero sum game in regards to leasing...it's a finance only car. They should have just done the same thing Ford did with the GT350 and not even allow leasing.

People are going to drop off that Wait List in flocks lol


Porsche doesn't even lease this bad. Way better shit to get than an M2 at $800-$900 for a lease. This car will most likely not appreciate the way the 1M did...so there's no investment to be made with this car.

[G8rGrl]

Originally Posted by bizzyqu

you are forgetting the $5,000 dealer markup

There is no markup from the dealer I have my deposit with.

[Pparana]

Depends what you want, you can have positive equity at the end of a lease. A lease is really just a contract with an option to buy at a certain price, or walk away. Money factor would be far more interest to me.

I have leased most cars I track, as if there is an accident I don't want to deal with the deprecation hit, but that has been on more expensive machinery. I bought my 235, as the lease rate was not great, unless your paying cash, there all just different finance options.

[remydlc]

Originally Posted by M3 Number 86

Put $15k down on a $50k car for 72 months and it should be ~$600 a month. Sell it at 3 years. Make profit.

Or choose the balloon payment option. Finance for even lower then sell the car for profit.

That's the worst advice ever! You must work for a dealership or BMW. If someone killed your family, best revenge is to get them get a balloon loan.

[The Automotive Enthusiast]

Originally Posted by bizzyqu

you are forgetting the $5,000 dealer markup

Not every dealership is marking the M2 up. We're giving them to our clients at MSRP.

[M3 Adjuster]

Originally Posted by M3 Number 86

Put $15k down on a $50k car for 72 months and it should be ~$600 a month. Sell it at 3 years. Make profit.

Or choose the balloon payment option. Finance for even lower then sell the car for profit.

Pretty simple isn't it.

I " leased" my 1M by financing it at 84 months WITH ZERO down and my payment was $250 less than leasing.

In my state when you trade a vehicle in you get a tax offset off the next vehicle you buy, so it's not like " paying taxes " is a big deal.

A 40 K value trade in keeps that amount of taxes off the next purchase so you are only paying a portion of the original sales tax at the end of the term when you trade in.

If it turns out to hold value like crazy then you walk away smiling even bigger.

Clearly the idea here is for buyers to commit their own money , not corporate money for a lease payment.


I've seen rates at 1.99-2.29 still out there.

[Pparana]

Originally Posted by G8rGrl

$979.73 per month to lease...

that payment is within $30 (before tax) on my wife's 2016 Range Rover with 2k down. ($96k sticker),

and $30 more than the 2013 911 I leased a few years ago (103k sticker)

IE horrible.

[JS919]

The original post isn't lease rates. It's residuals, there is a key piece of information missing... money factor. You can't figure the actual monthly cost on residuals alone. Does anyone know what the money factor is going to be?

[JS919]

Originally Posted by M3 Number 86

Put $15k down on a $50k car for 72 months and it should be ~$600 a month. Sell it at 3 years. Make profit.

Or choose the balloon payment option. Finance for even lower then sell the car for profit.

Make a profit!
Having equity at the time you sell is a lot different than making a profit. Making a profit would be selling it in three year for more than the total gross cost, including, tax, interest, insurance, and registration. I don't see that happening. I know I really don't need to explain what a profit is, except for that one person.

[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.

[Nahlem]

Originally Posted by metrickid

Yes, but isn't that the case for all cars and manufacturers? That has nothing to do with the great resale value of the 1M.

Well depends from witch perspective you want to see it, For example if i created something sold it for a certain price then a few years later the same thing gets sold for twice the price just an example, I would slap my self silly for not selling it later, Now this is the case with apartments and houses mostly, They tend to go up in value, A car that increases its value is rare so if i were sitting at BMW marketing department i would say to my self "Damn we sold it to cheap"

Cause someone is making money of a product that you created to earn money on. And its contradicting the the very thing about cars they are "not" suppose to gain value specially something new like the 1M the car ain't that old to be called a "Classic" for it to gain value after sometime, That is what makes the 1M so unique in its own way. The minute the car was sold it dropped in value the first year then started gaining value because its so rare.

So imagine finding a 1M 20 years from now in pretty much perfect condition imagine the value of the car. Its probably on of the fastest serial produced car that have gained the symbol of a "Classic" and is only gaining value unless its been modded to hell or driven really far.

So why would it be a bad thing, Well a lot of people not all but many here on this forums have a "weekend" car and a "daily driver" car, Those who have the 1M as a weekend car probably won't buy a new BMW as a daily drive cause BMW's ain't that cheap so why not choose something like a KIA or equally as a daily commuter, Unless you are a BMW family then the choice is clear. So that would mean 1 less customer for BMW. Until that customer sells his/hers 1M and earns a lot of money on it to buy maybe a new BMW or another brand.

As many have said and agreed upon the 1M is one of the "last" real BMW's out there. But i guess that's a personal preference.

Hopefully you understand what i meant if i was to unclear.

[JS919]

Originally Posted by G8rGrl

There is no markup from the dealer I have my deposit with.

If you are paying $5000 over retail you need find a different dealership to buy from or get a little patience. There will dealers selling to good customer for under retail. In a year there will many dealers with M2s on the lot.

[pimp4cheddar]

Originally Posted by JS919

The original post isn't lease rates. It's residuals, there is a key piece of information missing... money factor. You can't figure the actual monthly cost on residuals alone. Does anyone know what the money factor is going to be?

The money factor is such a small part of this.

If it's 0.9% or the normal 3.1%...this is minimal compared to the big picture.

The residuals are 90% of the cost...

[BEM-S4]

This should bode well for RS3 sales at least. I know when I was looking M235 vs S3 I liked the BMW but was considering Audi for AWD (this was before xDrive came in 2015). At the time the S3 was $200 more per month with a car that MSRP was identical. I'm sure lots of lease people cross shopped those two and eliminated the Audi based on that fact alone.

[G8rGrl]

Originally Posted by pimp4cheddar

The money factor is such a small part of this.

If it's 0.9% or the normal 3.1%...this is minimal compared to the big picture.

The residuals are 90% of the cost...

The money factor is .00135.

OFFICIAL M2 pricing thread (Quotes/Deals and questions) http://f87.bimmerpost.com/forums/sho....php?t=1232209

[JS919]

Originally Posted by pimp4cheddar

The money factor is such a small part of this.

If it's 0.9% or the normal 3.1%...this is minimal compared to the big picture.

The residuals are 90% of the cost...

Sorry, I totally disagree. The big picture to me is actual cost to own the vehicle. If you lease a vehicle with the residual at 49% and its worth 60% as you near the lease end, you are fool to turn it in. You'd be better off trading it in or paying it off and selling it. In this case your real cost is depreciation and money factor. The residual is meaningless unless the vehicle is worth equal to or less than the residual at lease end. What matters to me is the actual cost of ownership and the money factor is going play into that.

[BEM-S4]

Question for you guys - at least for those who want to or need to lease for whatever reason. M2 is more car than the 235, no doubt and not trying to argue that point. But at this pricing, is it 2x nicer (based on rough payment estimates)? I've gotta say that's a bit of a stretch. If I had to lease I'd be looking at other options as folks have mentioned. $56k for the car if you buy it outright is a tremendous value for what you're getting. But on a 36 month lease I can't say it's a great value compared to the 235. Depending on specifics of the deal you're paying what maybe as much as $20k over the term compared to a car that with similar options is what $5k less MSRP? Again if you're buying this doesn't matter, but for folks who need to lease that's a big chunk of coin to choke down.