A friend of mine is looking to lease an M2 Comp.
What was quoted-
MSRP -$61805
Selling price- $51000 ( included all available rebates to him.)
Residual- 53%
3 year 10k mile
Monthly- $804/ month at 6% sales tax
What do you think of this?? I feel like they are holding some serious money.
im confused, you’re a BMW dealer…shouldn’t you have a good idea how much money they’re holding?
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$10k off M2 Comp already? This was selling at sticker just a few months ago.
Depending what he qualifies for, that’s a nice chunk off of a 2020 M2.
That selling price on an m2 comp seems incredibly good. Almost too good to be true.
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Hmmmm like the gentleman said that this deal is too good to be true.
It’s not. The MF will be marked up to compensate. It’s still $800 p/m for a $60k vehicle.
I think I would purchase it on a 72 month loan, rather than lease it, it would be cheaper than the lease with no down.
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thats a good discount (never seen that on an M2) - but the crap residual makes for a high payment
You also have to think 3 year resale on it will probably be better than 53%…agree, this one is a buy unless there is a tax reason not to.
What’s the % discount before the rebates? Looks like a great deal if purchased instead of leased.
Aren’t you a dealer?