02-07-2022, 02:19 PM | #1 |
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Post your best lease deals or deals you passed on
Just curious what ya'll have passed on or locked in, in the past.
Obviously the market is vastly different than it was 2+ years ago. For me - 2019 M4CS out here in Phoenix. I was negotiating with Chandler BMW and passed on a ~$700 monthly payment with minimal down. It may have been like $1,000. I was trying to get in the $600's if I remember correctly. It can be any model / make. |
02-07-2022, 04:39 PM | #2 |
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Drives: 23 X7 40i; 23 M3; 24 cooper s
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This was my M340i deal when I signed back in October 2019... before the market went to shit. Got 10% off PLUS $3k in incentives. With $0 downpayment (only MSDs + 1st month payment + dealer fees).
MSRP: $68,970 Sale Price: $62,100 (10% discount) Incentives: $2k loyalty; $1k lease cash Adjusted Cap Cost: $59,100 Monthly Payment: $667 (including tax) Drive-Off Amount: $6,023 (7 MSD-$4,900 + 1st month payment-$667 + Fees-$455) Months: 36 Annual Mileage: 12,000 MF: .00138 Residual:60%
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Germanauto9843.50 |
02-07-2022, 04:44 PM | #3 |
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Leased a 2018 Wrangler Sport S with $38k sticker for $358/month with $0 paid out of pocket, all taxes and fees rolled into the lease, 36 months 10k miles a year. Sold the car a few months ago for $3700 more than I paid for it brand new, so my entire lease cost about $2k to drive the car for 3 years all said and done.
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02-08-2022, 09:15 AM | #5 |
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18 months ago.
991.1 Carrera S Cab. Red on black. Sport +, Exhaust, 20 inch wheels........ all the essentials. $75K CDN before taxes. Would list today around $100K. 80K Kms (50k miles). Wife's car is red on black and heart of hearts want a 997 but damn. |
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02-08-2022, 06:07 PM | #6 |
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Never driven the 991.1 but I know the steering was quite poorly received, as it was Porsche's first attempt at EPS. Could be exaggerated.
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02-08-2022, 06:46 PM | #7 |
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Drives: Z4 M40
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Garage List 2015 Yamaha FZ-09 [10.00]
2018 BMW S1000XR [9.83] 2018 BMW R1200RT [10.00] 2023 BMW X4 [7.88] 2022 BMW Z4 [9.78] |
Here's my best: 2019 440iGC
Circa: August 2021 The LH score is 23.3 years, however this does include a $350 post sale rebate which is actually just the waiving of the dispo fee on our current BMW X1 lease. Deal Specifics (DEMO): MSRP: $58,195 Selling Price: $43,910 (24.5% off, Excl incentive) Incentive: $7,500 Zero cost down, not even first month MSD (7) - $1,750 Mileage: 4,222 24mon/24k term (23 payments) Acq fee waived for .0005 MF increase Final MF .0016 after MSD and Acq fee waiver Final Res 60.4% $350 waiver of dispo on current BMW lease $800 in Govt and dealer fees 7% Sales tax PMT - 23 x $247.74 (=24 x $237.42), including tax The dealer I leased it from is giving me about $4k over my buyout when I trade it in on my new M440CV, so that's not bad on such a super low lease but this is obviously the result of the market. The real deal is the lease itself.
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2022 Z4 M40 Alpine White/Magma Red
2023 X4 30i MSport BSM/Cognac 2018 BMW S1000XR & BMW R1200RT 2015 Yamaha FZ-09 Last edited by SpeedyATL; 02-09-2022 at 06:05 AM.. |
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02-08-2022, 07:34 PM | #8 |
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Drives: G82 M4C X-Drive
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Garage List 2025 BMW M2 [10.00]
2022 G82 M4C X-Drive [9.89] 2018 F80 M3 CS [9.90] 2018 BMW i3 REx [5.00] 2015 BMW i3 REx [0.00] 2016 BMW F80 M3 [7.29] 2016 BMW F30 340i ZTR [10.00] 2013 BMW F30 328i [0.00] 2006 Audi S4 25Quattro [7.00] |
I've had 3 BMW i3s. All three leases had pretty much the same structure:
MSRP: ~$50-55k 10% discount Cap reduction: $7500 federal, $2000 loyalty 3rd i3 had an additional $2k off (more on this later) 0.61 Residual Max MSDs My down payments were made up of post sale rebates with an effective net $0 drive off: -$2500 state -$1000 BMWCCA -$450 energy company Monthly payment INCLUDING TAX for my three i3's were: $177/mo $204/mo $198/mo Thats not even the best part though: my second i3 had a problem with the power steering that wouldn't go away. It was in the shop for about a month or more. BMW offered to buy it back. I refused because I just wanted it fixed and I loved the car. They offered a payout that basically gave me all my monthly payments back plus an additional $2k off my next BMW. Needless to say I couldn't say no. So not only did I basically get to drive the i3 for free for a year, but I upgraded the next i3 with the moon roof and nicer interior and the payments actually came out to be less!
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02-08-2022, 09:59 PM | #10 | |
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Quote:
Now as a demo with that discount it's another story.
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02-09-2022, 01:47 AM | #11 | |
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Quote:
Current lease hack right now is the new Nissan Frontier. In 4wd Crew Cab spec, a 18 month lease has a 98% residual. Although it is tough to find inventory and a dealer that won't have ad-ons or adm. |
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02-09-2022, 06:04 AM | #12 | |
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Drives: Z4 M40
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Garage List 2015 Yamaha FZ-09 [10.00]
2018 BMW S1000XR [9.83] 2018 BMW R1200RT [10.00] 2023 BMW X4 [7.88] 2022 BMW Z4 [9.78] |
Quote:
My lease is for the 2019 440gc I'm currently driving. The x1 was our prior lease. |
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07-03-2024, 11:54 AM | #13 |
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I was curious and inquired about pricing on the new C63S.
I figured they may lease okay since no one wants them. I was quoted $10K down / $1850 a month on a 36 /10. They have no 'wiggle room' Are people actually paying these prices? |
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07-03-2024, 12:59 PM | #15 | |
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Quote:
That's preposterous even if the car was good. |
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07-03-2024, 01:34 PM | #16 |
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If you’re asking for quotes with down payments instead of knowing all of the numbers yourself ahead of time you’re doing it wrong. The lease probably sucks regardless though.
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07-03-2024, 02:15 PM | #17 |
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On a side note, i was in the market for a cheap DD as my Saab needed about $5K worth of work, i only drive 3K miles a year though. So the cheapest lease in Canada, as in the absolute CHEAPEST penalty box i could find, is $425 a month including taxes.
Hard pass. |
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07-03-2024, 05:59 PM | #18 |
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I recently looked at the new Range Rover Sport. Let them give me a lease quote with no money down. They still gave me a quote with like $5k down AND it was similar close to $2k/mo. Wasn't looking to buy at that moment so I didn't really ask for more info or numbers break down or anything like that. Just smiled and walked away. Bat shit crazy.
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07-03-2024, 08:45 PM | #19 |
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I bought my 07 z4 coupe just a bit before BMW decided the M coupe wasn't selling and had some insane deals on them to try and get rid of them. My boss ended up with one for less than I paid for the 3.0si.
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07-04-2024, 08:00 AM | #20 |
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When you ask for lease quotes, make sure they provide you the adjusted capitalized cost (the selling price, including all credits and charges), residual value (value at the end of the lease), and the Money Factor (equivalent to the interest rate). Without this information you have no hope of understanding and comparing the pricing.
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