Year, Make, Model, and Trim: 2020 BMW M340xi
Location: North Jersey
MSRP: $69905
Monthly payment (pre-tax): $644
Effective monthly payment (if incentive is provided):
Lease end residual $41,355
Current mileage: 15915 (may increase slightly)
Maturity mileage: 32850 May 22
Effective miles per month: 890
Maturity date: 5/22/2023
MSD due (if any):
Cash due (if any): $2500
Incentive for new lessee (if any):
Financial institution:
Transfer fee: $500
Out-of-state transfer allowed (yes/no): yes, but prefer local
Vehicle condition (accidents, tire wear, etc.), options, and other details:
No accidents
Tanzanite Blue/Cognac. Every factory installed option/package except brake cooling package. Check window sticker. Exhaust with proper 2020 burbs:)
Extras: Black kidney grill (original provided as well), IND painted reflectors (orange ones provided as well), 3M Crystalline tint all around
Car is in good condition, garage kept. It was really hard to find this color combo + all options back in the days. All services, recalls done 2 weeks ago. No curb rash on rims. Few small rock chips around.
Here is btw example calculator link, taken from marketplace to show how much you can expect to pay for same new car in current conditions CALCULATOR | LEASEHACKR
I’m not sure showing your calculator is really helping your case. Your incentives are off, you only have $500. There is a $1000 lease credit right now (for me at least) and a bunch of other incentives some if not most would qualify for (loyalty, penfed, corporate college grad etc.). Apples to apples your deal is maybe $1000 or so better than a new car by the time you add up your down plus transfer fee. On a lesser specd car its probably the same if not less monthly.
Sure… a bare bones no optioned M3 in non competition spec. So I’m not really sure that’s a fair comparison. (not to mention you can’t really get any discounts on M3’s currently).
This car’s got nearly every option you can possibly get.
I don’t think it will be like this. There is also MSD’s accounted for and not everybody has extra money to put them down. It is cheaper by thousands in any case.
I found it very nice in traffic on highways, especially under 40 mph it activates some “plus mode” and you don’t need even touch wheel every 10 or so seconds it will go completely autonomously
that is basically m3 money (msrp anyway).