Quote:
Originally Posted by BMWCali
What do you guys think? Is my offer realistic? I plan on faxing it off to 30 or so dealers in the area next week. Does anyone see any errors?
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Given that you are requesting MSRP, it really depends on your geographical region on whether or not a dealer will bite on that. In high demand areas you are going to have to cast a pretty wide net.
I don't beleive lease rates are available yet for the M3 and they can only lock them in for so long (I think 30 or 60 days) so you aren't going to get anyone to bite on the payment becasue they don't have the facts..
Furthermore based on previous M3 lease residuals & mf's, it will cost more than your $1086, $0 down target payment for the car you have specced if it is sold at MSRP. Now this is just my opinion but i guessed the MSRP of the E92 to the penny almost 2 years ago.
Some lease estimates for you...
MF = .00295, Term = 36 Months, Residual = 57%, Acquisition Fee $800(est) (this is the current M5 program)
Payment = $1261/mo (w/ 6.5% tax)
Now if we make some reasonable assumptions, such as that the M3 will have a better residual but the same money factor...
MF = .00295, Term = 36 Months, Residual = 62%, Acquisition Fee $800(est) (this is the current M5 program + 5 pts on residual)
Payment = $1169/mo (w/ 6.5% tax)
And now another 5 pts on the residual....
MF = .00295, Term = 36 Months, Residual = 67%, Acquisition Fee $800(est) (this is the current M5 program + 10 pts on residual)
Payment = $1076/mo (w/ 6.5% tax)
-Adam