2018 BMW M3 Competition

,

Appreciate the feedback on the deal I’m trying to close.

MSRP: $81095
Discount: $15642
Lease Rebate: $3500
Grad Rebate: $1000
MF: 0.00177
MSD: 7
New MF: 0.00142
Mileage penalty: $900 (Exec Demo, 3500 mi)
RV: 66%
Term: 24
DAS: $3000 (not including first month)
Monthly $550 (incl 6.625 Tax)
MSD: $3850

Total cost of Lease: $16,200
Avg Monthyl: $675

I couldn’t put this in the calculator because I can’t find a place to put the mileage penalty. If I play around with the numbers a little bit I’m at 12.7 yrs

Thoughts?

Seems very strong… always a little cautious with M3 demos since you don’t know how hard it was driven… I wouldn’t want one from their driving events for example.

To use the calculator for a loaner, just subtract the $900 from the expected residual, then divide that number with the MSRP. Should be like 64.5%

What is the $3K down going towards? Seems like a lot of tax is built into monthly payment.

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dont forget to adjust the tax to 7.025%

Seem like a really good deal to me.
I personally haven’t seen a better deal.

Are loaners considered “new” to the state of NJ? I didn’t think so but could be wrong

$925 acq fee, $200 etch fee, $699 doc fee, $600 DMV and lux tax, $500 I’m guess is cap cost reductions

Why 7.025?

b/c your cap cost triggers luxury tax in NJ

Yea I already included that in the down

Looks great. Can you stack an OL code for an extra $500/$1000?

I don’t have an OL code :frowning:

can you get one from here: Instructions on how to get a BMW OL incentive - March 2019

I can’t find one for New Jersey unfortunately

it doesn’t have to be from a dealership near you. I live in Seattle and have gotten OL codes from dealerships on the East coast and California before, just by signing up for their events.

2 Likes

If anyone would like this deal, please let me know. I may not proceed with it.

PMed but why oh why are you not taking it!!!

Do you have the window sticker? I assume the car is a DCT based on the MSRP?

mods lock this thread. I have first dibs on this!!!

well second dibs since I do hope OP changes his mind and gets this steal of a deal

LOL, if it’s a DCT, which I’m assuming it is based on the price, I’m not interested.