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      10-02-2018, 12:53 PM   #1
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Post Official M2 / M2 Competition Quotes, Pricing and Lease Rates Thread

Please use this thread as a master thread to discuss quotes, pricing, lease program, and the like.

This first post will be updated monthly with the latest lease program numbers (residuals, credits, incentives).

Please note that the incentives offered in your local market may differ than those listed below.

Please do not make dealer / salesperson recommendations or referrals in this thread. Thank you!


December 2018 Lease Program:

M2 Competition (2019MY)
15k miles / 45% residual
12k miles / 47% residual
10k miles / 48% residual
No incentives offered


November 2018 Lease Program:

M2 Competition (2019MY)
15k miles / 45% residual
12k miles / 47% residual
10k miles / 48% residual
No incentives offered
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      10-02-2018, 09:56 PM   #2
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Sorry jason to be off topic - can you posted f30 3er and f22 2er numbers as well in the respective forums?
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      10-03-2018, 03:55 PM   #3
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I picked up my msrp 62k white 2018 last week for 57k..

Buy @ 0.9 apr. this is not the current bmw rate of 4.15.

Regardless, the same dealership has two white 2019 m2c and both were marked up about 5-10k.. I refuse to pay mark up or 'market price'.. last time i paid 'market price' was for lobster..
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      10-05-2018, 12:05 PM   #4
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Is the other thread gone? Lots of good information in there.
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      10-05-2018, 09:48 PM   #5
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Made a deal on a black M2 2018.
MSRP 62k, OTD 62k.
Will post breakdown after picking it up tomorrow.
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      10-07-2018, 11:18 AM   #6
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Quote:
Originally Posted by JayBBBMW View Post
Made a deal on a black M2 2018.
MSRP 62k, OTD 62k.
Will post breakdown after picking it up tomorrow.
That sounds like a great deal. Please share details when you can. Was it a 2018 that's been on the lot for a while? Congratulations btw!
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      10-07-2018, 11:22 PM   #7
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Quote:
Originally Posted by mute View Post
That sounds like a great deal. Please share details when you can. Was it a 2018 that's been on the lot for a while? Congratulations btw!
I haven't reviewed breakdown yet (MSTRP 62K, selling price 55k around), because OTD $62000 is already good to me. This m2 is produced in 2018 Feb. When I bought it, there was 33 miles on it. I guess some people have test drives before.
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      10-09-2018, 08:55 PM   #8
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I just picked up a new 2018 M2 in SoCal for $2000 off sticker. Not much dealing to be done on a manual transmission, but I like that deal better than paying $5-7k over sticker on a 2019. Financing wasn't super attractive from BMW either, but I was happy with the price on the car at $56k.
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      10-10-2018, 12:34 PM   #9
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lol, people are still paying OVER sticker for a car with a 45-48% residual?
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      10-10-2018, 12:36 PM   #10
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Quote:
Originally Posted by JayBBBMW View Post
I haven't reviewed breakdown yet (MSTRP 62K, selling price 55k around), because OTD $62000 is already good to me. This m2 is produced in 2018 Feb. When I bought it, there was 33 miles on it. I guess some people have test drives before.
OTD usually mean including tax and registration. You'll have to break down the numbers for us here...
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      10-10-2018, 12:38 PM   #11
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Quote:
Originally Posted by laxandback View Post
I just picked up a new 2018 M2 in SoCal for $2000 off sticker. Not much dealing to be done on a manual transmission, but I like that deal better than paying $5-7k over sticker on a 2019. Financing wasn't super attractive from BMW either, but I was happy with the price on the car at $56k.
Would you mind telling us is it financed or paid cash, im just curious on the current APR from BMW Finance
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      10-10-2018, 09:57 PM   #12
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Quote:
Originally Posted by nis270r View Post
Quote:
Originally Posted by laxandback View Post
I just picked up a new 2018 M2 in SoCal for $2000 off sticker. Not much dealing to be done on a manual transmission, but I like that deal better than paying $5-7k over sticker on a 2019. Financing wasn't super attractive from BMW either, but I was happy with the price on the car at $56k.
Would you mind telling us is it financed or paid cash, im just curious on the current APR from BMW Finance

I worked a deal to finance it outside BMW Financial. Their best rate was 4.59% for 5 yrs and my bank did it for 2.94%.
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      10-11-2018, 11:01 AM   #13
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Quote:
Originally Posted by laxandback View Post
Quote:
Originally Posted by nis270r View Post
Quote:
Originally Posted by laxandback View Post
I just picked up a new 2018 M2 in SoCal for $2000 off sticker. Not much dealing to be done on a manual transmission, but I like that deal better than paying $5-7k over sticker on a 2019. Financing wasn't super attractive from BMW either, but I was happy with the price on the car at $56k.
Would you mind telling us is it financed or paid cash, im just curious on the current APR from BMW Finance

I worked a deal to finance it outside BMW Financial. Their best rate was 4.59% for 5 yrs and my bank did it for 2.94%.
Quote:
Originally Posted by laxandback View Post
Quote:
Originally Posted by nis270r View Post
Quote:
Originally Posted by laxandback View Post
I just picked up a new 2018 M2 in SoCal for $2000 off sticker. Not much dealing to be done on a manual transmission, but I like that deal better than paying $5-7k over sticker on a 2019. Financing wasn't super attractive from BMW either, but I was happy with the price on the car at $56k.
Would you mind telling us is it financed or paid cash, im just curious on the current APR from BMW Finance

I worked a deal to finance it outside BMW Financial. Their best rate was 4.59% for 5 yrs and my bank did it for 2.94%.
Wow thats a good deal from your bank, anything less than 3 is low for current market. Congrats on the new car and a great deal!
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      10-14-2018, 08:59 PM   #14
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Just got almost 10% off MSRP on a MY18 exactly in the specs I wanted, and waiver of a couple of other fees. Dealer was great to work with.
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      10-15-2018, 10:13 AM   #15
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5% off via ED for 2019 M2C. 61.6 sticker, 58.7 after discount, less 500 from BMWCCA rebate. 58.2.
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      10-29-2018, 08:40 AM   #16
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Trying to get rates on 2018 non competition for lease. Dealer giving me msrp 58500 selling at 53500. No money down 836 month 12k. Any one have current money factor and residuals for
NOn competition model? Also anyone know if November going to be better or worst than October?
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      11-01-2018, 12:41 PM   #17
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Updated with November program rates -- no change from October.
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      11-07-2018, 01:19 AM   #18
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Quote:
Originally Posted by CosmosMpower View Post
5% off via ED for 2019 M2C. 61.6 sticker, 58.7 after discount, less 500 from BMWCCA rebate. 58.2.
Where?
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      11-08-2018, 02:15 PM   #19
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so $63,345 with 48% residual, customer cash down $3100. DMV $495, Cash Cap Reduction $44.62. Term 36, Money Factor 0.00206, Total Adds to cap $63300.38, base monthly $1106.77, Tax rate 9.5% $105.14, Total monthly $1211.91
Here is the question Total Initial fees $1042.75, Total upfront fees $701 are these negotiable? is the Money factor negotiable in a lease?
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      11-08-2018, 02:40 PM   #20
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^ Ouch $1200 /mo is $85-90k M3/M4 lease territory and those leases aren't stellar right now either. $200 more and you're rolling an M5. I believe that money factory is being marked up and the low M2C residuals really crush lease deals. Considered financing the car or are you stuck with a lease for business purposes? Have you looked at the Penfed Auto Saver Loan or BMW Select at all?

To answer your question, typically no those fees aren't negotiable. The "initial fees" usually include your first month payment, CA registration fee (~$600), documentation fee ($80), acquisition fee ($925), and tire tax. I would ask for a breakdown of those costs to confirm.

Last edited by billspreston; 11-08-2018 at 02:50 PM.
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      11-28-2018, 06:53 PM   #21
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Can anyone help me figure out these numbers? They don't make complete sense to me. I have asked what the MF is with no response as of yet.

2018 M2. They are advertising $7,000 off MSRP. I have 3 remaining payment left on my M4 ($3,087 total in payments).

MSRP: $66,825
Discount: $3,913 (after covering my remaining lease payments)
Price: $62,912

Lease payment of $919 monthly. 36months/12K miles


Total Rebates: $2,000
Total rebates/cash: $2,000
Acquisition fee: $925
Advanced Payment: $919
Upfront charges: $4,321.87
Total cap reduction: $2,000
Residual: $34,749
Due on delivery: $5,241.86

The out of pocket seems absurd to me. Do you think there are other rebates I could explore?

Thank you in advance

Last edited by grzeszja; 11-29-2018 at 11:57 AM.
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      11-29-2018, 12:05 PM   #22
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It looks like with a monthly payment of $919 that they are marking up the MF to around .00201 from .00182.

I come up with the following for your NJ lease:
  • MSRP: $66,825
  • Sales Price: $62,912
  • Cap Reduction: $2,000
  • Residual: $34,749 (52%)
  • Money Factor: .00201
  • Monthly Payment: $919
  • First Month: $919
  • Documentation Fee: $360 (estimated)
  • Acquisition Fee: $925
  • Registration: $240 (used online calculator)
  • Luxury Tax: $251 (0.4% of sales price)
  • Sales Tax: $2,481 (applicable to lease depreciation, 7% rate used)
  • Due at Signing: $5,241

Last edited by billspreston; 11-29-2018 at 12:14 PM.
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