2017 BMW M3/M4 lease $1150/month 36months/10k miles. Thoughts?

Have wanted an M3 or M4 for the longest time, I’d prefer the M3. It was announced that yesterday they would be increasing the prices on the 2018 M3/4 with the LCI. Here are some initial numbers that I got from the dealer yesterday…

2017 BMW M4 Coupe (note this is a stripper model, with just DCT and one package)

MSRP: $81,045
Discount: $3,125
Rebate: $2,000
Purchase price: $75,920
Doc Fee: $699
Tax: $178.67
Non Tax Fees: $107.50
Tag: $450
Balance: $77,355.17
Residual: 61%
MF: .00180
Monthly payment $1124 with $2,500 OTD (includes first month payment and the doc fees)

M3 30th Jahre. This was a pretty cool car and all the packages. For those that don’t know, a very limited run was produced. As I mentioned above, I’d prefer the M3 (but doesn’t have to be the 30th.)

MSRP: $87,145.00
Discount: $3151.00
Rebate: $2000.00
Purchase Price: $81,994.00
Doc Fee: $699
Tax: $174.12
Non Tax Fees: $107.50
Tag: $450
Balance: $83,424.62
Residual: 62%
Money Factor: .00180

Monthly payment $1197 with $2,500 OTD (includes first month payment and the doc fees)

Thoughts? I graduated about 25 months ago, so I’m not sure if I’ll be able to swing the college grad program. Unfortunately they did away with the MSD’s so I cannot take advantage of that. I did read somewhere that the MF changed to .00120 instead of the quoted .00180.

EDIT: I just found out that I qualify for the BMW Corporate Fleet program and that offers an additional $1500 lease incentive and $2500 purchase incentive on the M3/M4

RUN, hiked up MF and the discount is bad. I saw one for 899 last month with 2k at signing.

Go for the 30th jahre limited edition. Could hold residual value very well, may have some equity when you turn it in. Ask them to give you a better mf as well. Only 150 sold in the usa, 500 made worldwide, rarer than even a lamborghini aventador

Put a deposit on it. Sold at Barrett Jackson 110k. In Europe, the 30 Jahre commands a €10 000 premium

Sorry didn’t notice it was a Jahre, my bad

Should I buy it then? Considering the corporate fleet discount and the discount that they are already giving me? Or still negotiate the lease and then buy it out later if it makes sense?

the M3 is much better than the M4, forget about the M4

Does it make sense to buy the M3 then? Considering the current price and the corporate discounts? Or to still negotiate the lease and then try to sell the vehicle prior to the lease end?

Up to you and what plans you have for it.You are 2.5 years out of college, this car will maintain its value only if you maintain it like a Garage queen - like drive it only 3k miles a year, no rain or snow, keep it pristine. If you are going to use it for commute, drive your friends around, park on streets etc lol, better lease it …

Yeah at this point, I don’t want to commit to purchasing a car to be a garage queen. I want to be able to enjoy the vehicle.

Alternatively, am I in Maserati GT territory? Granted I would have to pay for the maintenance, but a close friend had both the Maserati GT and a Frozen Red M3. Performance wise the M3 was much more confident, however the the Maserati was the business. I recently called the local Maserati dealer and he quoted me a MF of .00002 for the 2017 MGT. He said that for the 2016, even though the selling price was 99k, I’d be better of leasing a 2017.

If you are looking at best “IT” car for the bucks, in that case, get the Alfa Romeo Giulia lusso in red - has both the oomph and the lease deals. The Maserati is nothing special, will drop in value 40k by end of your ownership IMHO

================
Home / Alfa Romeo / Alfa Romeo Giulia
Alfa Romeo Giulia
VIEW PHOTOS

2017 Alfa Romeo Giulia
Truly Italian.

OCT 2016 BY TONY QUIROGA
SHARE
TWEET
Italian-ness. We know it when we see it, and when we don’t, it is often in a Fiat Chrysler product. When stepping into a Maserati Ghibli only to find a Chrysler touchscreen and switchgear, for instance, we get the sinking feeling that our Italian experience has just taken an Olive Garden turn.

Alfa Romeo didn’t order parts for its new Giulia sedan from Chrysler’s menu. If it did, the Pentastar stuff is well hidden. From what we could see, nothing inside the new Giulia’s cabin is shared with a domestic Dodge, Jeep, or Chrysler. The infotainment system is the Giulia’s own, and although the switchgear has a generic European look and some of the plastics are from the hard-and-cheap bin, everything inside appears to be Giulia specific. Italian-ness inside is good, but what’s even better is that the engines are made and designed in Italy

Hey @ursus, see I didn’t tell him to get a different car than what he asked for :slight_smile: At least not until he started having second thoughts :slight_smile:

You did recommend AIfa, above :wink: I hope you meant Giulia Quadrifoglio

What is your zipcode?

Wow they are selling for that much now? I got a Euro delivery M4 2 years ago for 62k. It was manual transmission.

You should be able to get an M4 close to invoice especially a 2017.

I live in Ohio at 45459, but looking at vehicles all over Ohio and the East.

I think I need to go to a low volume dealer that is willing to sell it, rather than larger dealers that are sitting on the cars waiting for the right buyer to come along.

I understand you live in Ohio but here’s an example of a California based car. MSRP is $85195

https://www.stevethomasbmw.com/new/BMW/2017-BMW-M4-Camarillo-e3005efb0a0e0a6b0cf40ddbf96998b3.htm