Hello Hackrs - I’m negotiating a lease for a 2025 BMW M340i. MSRP is $68,525 with a selling price of $64598.75 and money factor of .00200.
With loyalty ($1000) and military ($500) incentives, the Calculator shows payments at $1006. However, when the dealer added the incentives, they show lease payments are $1002 ($4 lower).
Looking at their numbers, they increased the MSRP from $68,525 to $68,745, which then increased the residual. I’m happy with lower payments, but what is the drawback to this? Why would they do this? And how does this negatively impact the deal?
It is insane to pay 1k a month for a fake M car. You can get an M2 for less than 1k and an M4 for slightly more. I would much rather get an AMG c43 for $700 a month than an M340i. Anyway you spin it, 1k for an M340i is ludicrous.
Thank you for the replies. FWIW, I shopped all area dealers before putting in my custom order. I also live in an area with 10.75% sales tax, so everything is relatively expensive.
Which honestly means nothing. If anything it’s a red flag that you never knew what your target was. And tax is such an insignificant part of the issue here. Like you’d be around $970 at lower end of rates there.
Anyway, decisions been made so it’s all moot. Enjoy the car and hopefully you’ll learn enough from the forum to not repeat the same mistakes.
Did I say something to offend you? I’m not sure why you’re angry about my personal financial decisions. My target was at least 5% off MSRP and to get as close to .00180 mf.
Don’t worry about anything here .
I think you should go and enjoy the car you customized to your liking.
When the time comes and you will be ready for a new car, come back and get some ideas on how to get your next dream car with more adventurous financial goals.
Destination fee increase? Price of some options changed? Or a typo as was mentioned. The dealer has to use the MSRP on the sticker for setting the residual, they have no discretion.
For starters, thank you for your service. I hope you enjoy your 2025 BMW M340i.
I can’t see what you replied to, but I suspect I know what they said. Please consider that the user is not angry about your personal decisions. Rather, this user likes to punch down on folks who do not align with their way of thinking. This is motivated by their desire to elevate their own perception of value and happiness. After all, the less happy folks like you are, the more happy they become.
This forum is full of users that believe the car’s payment is more important than the car itself. So in today’s economic climate, the only cars they believe are worth considering are the EV’s where taxpayers and the automaker are heavily subsidizing the purchase. When these folks get behind the wheel of their bargain cars, the first and foremost happiness will come from the satisfaction of their low payment, not the act of driving the vehicle.
Your custom order BMW M340i (in Northern California no less) is the opposite of such priorities. You have chosen a vehicle you really want to drive, and unfortunately, that means the payment will be high since there are few subsidizes. Some users will consider your mindset “insane” or “a mistake” or “brain dead” because they themselves do not understand how someone could enjoy a vehicle if the payments weren’t dirt cheap. So, they set out with what is perceived as anger since they want to make you feel bad about your priorities.
Taking a page from @z0lt3c’s playbook, Navy Federal Credit Union provides subsidized auto loan rates to military service personnel and their families. Maybe you can consider taking out a loan instead of a lease, and consider owning the M340i for a longer period of time than a normal auto lease. The monthly payments will be higher with a loan vs a lease, but this would be a more financially savvy way to reduce your overall costs in the coming years as you enjoy your new BMW.
If you’re browsing this site, it’s likely that you’re seeking constructive feedback/looking to get better deals than the average Joe would get. So if people are pointing some things out to you, it’s kind of what you signed up for. With that said, they could definitely be nicer about it. Some people on this forum are frustrated with the new normal in leasing.
Just to play devil’s advocate… the AMG C43 is on paper a comparison against the M340i. But in real life, the AMG C43 seems to under-deliver against the M340i (probably due to the 4 banger vs B58, general driving feel, and MBUX vs iDrive).
So, Mercedes seems to be discounting the C43 quite a bit. For someone that just wants a sporty sedan with ICE motor, the AMG C43 could be an option.
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