[tallshortguy]

What are the financing interest rate specials these days?

[MaxM340i]

M340i xDrive Sedan
Skyscraper Grey Metallic $650
19" M Double-spoke Bi-color Jet Black Wheels, Style 792M with Mixed Run-flat Tires $600
Black Perforated SensaTec $0
Open Pore Fine Wood Oak Grain trim $0
Driving Assistance Professional Package $1,700
Parking Assistance Package $700
Premium Package $1,350
Shadowline Package $850
Adaptive M Suspension $550
Remote Engine Start $300
Wireless Device Charging $200
Harman Kardon surround sound system $875
Drive Recorder $100
Space-saver spare $250
Destination & Handling $995
MSRP $67,520

LEASE 36/10
Out of pocket $5,000
Monthly $921

Did I get a good deal? Picking up at the Performance Center on Wednesday.

[TurtleBoy]

Originally Posted by MaxM340i

M340i xDrive Sedan
Skyscraper Grey Metallic $650
19" M Double-spoke Bi-color Jet Black Wheels, Style 792M with Mixed Run-flat Tires $600
Black Perforated SensaTec $0
Open Pore Fine Wood Oak Grain trim $0
Driving Assistance Professional Package $1,700
Parking Assistance Package $700
Premium Package $1,350
Shadowline Package $850
Adaptive M Suspension $550
Remote Engine Start $300
Wireless Device Charging $200
Harman Kardon surround sound system $875
Drive Recorder $100
Space-saver spare $250
Destination & Handling $995
MSRP $67,520

LEASE 36/10
Out of pocket $5,000
Monthly $921

Did I get a good deal? Picking up at the Performance Center on Wednesday.

Why care at this point? You were happy enough with it to do the deal and that is all that matters. Congratulations on the new M340i. Good luck, enjoy and be safe.

[MaxM340i]

Thank you, I’m very excited! I have had many different makes over the years and this is my first BMW.

[broke m3]

My build came out to $70,255.
Base: $58,400
Premium Package: $1350
Driving assistance: $700
Shadowline: $850
Parking Assistance: $700
Remote Engine start: $300
19' 791 Wheels: $600
Harman Kardon sound: $875
Drive recorder: $100
Wireless Charger: $ 200
Dravit Gray Paint: $1500
Destinationc charge: 995
MPE: $2500

-$1,000 new grad discount

$5k down + DMV fees
12k miles/ 36 months
MF: 0.00083 (1.99%)
Monthly: $1101

[prjkthack]

Build total MSRP: $69,275

2023 M340i xDrive
Dravit Grey Metallic - $1500
19" M Double-spoke Jet Black Wheels, Style 791M - $600
Black Vernasca Leather - $1500
Driving Assistance Pro - $1700
Parking Assistance - $700
Premium Package - $1350
Shadowline Package - $850
Adaptive M Suspension - $550
Personal eSIM - $300
Remote Engine Start - $300
SensaTec Dashboard - $350
Wireless Charging - $200
Harman Kardon sound - $875
Drive Recorder - $100

D&H - $995

Loyalty Credit - ($750)
Trade-in - ($60,500)

Total: $9020 (before taxes/fees)

Build status here

[Panscan340]

Originally Posted by broke m3

My build came out to $70,255.
Base: $58,400
Premium Package: $1350
Driving assistance: $700
Shadowline: $850
Parking Assistance: $700
Remote Engine start: $300
19' 791 Wheels: $600
Harman Kardon sound: $875
Drive recorder: $100
Wireless Charger: $ 200
Dravit Gray Paint: $1500
Destinationc charge: 995
MPE: $2500

-$1,000 new grad discount

$5k down + DMV fees
12k miles/ 36 months
MF: 0.00083 (1.99%)
Monthly: $1101

You would be way better off financing this. You’re paying 1250 effective or 45k total to rent a 70k car for 3 years and 36k miles. Do you think it will be worth more or less than 25k at the end of your lease term?

Financing is the way to go on these, leasing is a pretty bad deal.

[monkeyman8]

Originally Posted by prjkthack

Build total MSRP: $69,275

2023 M340i xDrive
Dravit Grey Metallic - $1500
19" M Double-spoke Jet Black Wheels, Style 791M - $600
Black Vernasca Leather - $1500
Driving Assistance Pro - $1700
Parking Assistance - $700
Premium Package - $1350
Shadowline Package - $850
Adaptive M Suspension - $550
Personal eSIM - $300
Remote Engine Start - $300
SensaTec Dashboard - $350
Wireless Charging - $200
Harman Kardon sound - $875
Drive Recorder - $100

D&H - $995

Loyalty Credit - ($750)
Trade-in - ($60,500)

Total: $9020 (before taxes/fees)

Build status here

Originally Posted by Panscan340

You would be way better off financing this. You’re paying 1250 effective or 45k total to rent a 70k car for 3 years and 36k miles. Do you think it will be worth more or less than 25k at the end of your lease term?

Financing is the way to go on these, leasing is a pretty bad deal.

I agree with Panscan, this is not a great deal and makes zero sense. 45K to rent? Buy it.

[prjkthack]

Originally Posted by monkeyman8

I agree with Panscan, this is not a great deal and makes zero sense. 45K to rent? Buy it.

Why did you quote my build? I'm definitely buying... lol

[monkeyman8]

Originally Posted by prjkthack

Why did you quote my build? I'm definitely buying... lol

Good move. Looking forward to the pics!

[broke m3]

Originally Posted by Panscan340

You would be way better off financing this. You’re paying 1250 effective or 45k total to rent a 70k car for 3 years and 36k miles. Do you think it will be worth more or less than 25k at the end of your lease term?

Financing is the way to go on these, leasing is a pretty bad deal.

I have a business and this will be my business car. Also, if someone hits me or i wreck it, it becomes harder to sell or trade, so i’d rather not be responsible for that headache. Just a little background, I have always bought used cars, most expensive being my 2010 Maxima i drive now that i bought for $11k 8 years ago lol. I now have a job that allows me to buy a 60-90k car so i was stuck between this, a M3 or a IS350. Decided to go with this and work my way upto a M3.

[Panscan340]

Originally Posted by broke m3

I have a business and this will be my business car. Also, if someone hits me or i wreck it, it becomes harder to sell or trade, so i’d rather not be responsible for that headache. Just a little background, I have always bought used cars, most expensive being my 2010 Maxima i drive now that i bought for $11k 8 years ago lol. I now have a job that allows me to buy a 60-90k car so i was stuck between this, a M3 or a IS350. Decided to go with this and work my way upto a M3.

Yes the liability for loss of value or lack thereof is one benefit of a lease. But you are lighting roughly 10-15k on fire leasing this vs buying. It’s a bad deal but you’re free to do as you please.

[monkeyman8]

Originally Posted by Panscan340

Yes the liability for loss of value or lack thereof is one benefit of a lease. But you are lighting roughly 10-15k on fire leasing this vs buying. It’s a bad deal but you’re free to do as you please.

Even with the tax savings from running it through the biz, still ugly numbers.

[broke m3]

Originally Posted by Panscan340

Yes the liability for loss of value or lack thereof is one benefit of a lease. But you are lighting roughly 10-15k on fire leasing this vs buying. It’s a bad deal but you’re free to do as you please.

Is it even possible to get a good deal at this time?

[Panscan340]

Originally Posted by broke m3

Is it even possible to get a good deal at this time?

Well that is subjective related to what you consider good or not but financing it would be objectively better of a deal.

[broke m3]

Originally Posted by Panscan340

Well that is subjective related to what you consider good or not but financing it would be objectively better of a deal.

6% finance rate is not great. But, I get that’s the market and i wouldn’t want to throw all my liquid into a car….i have never bought a new car, and I assume at this time, its impossible to get anything off MSRP.

[Panscan340]

Originally Posted by broke m3

6% finance rate is not great. But, I get that’s the market and i wouldn’t want to throw all my liquid into a car….i have never bought a new car, and I assume at this time, its impossible to get anything off MSRP.

You should be able to get 2-4% at absolute minimum. 340s were selling for 6-8% off a couple months ago.
Check leasehacker and look at the broker threads

Def would not pay sticker for a 340

[broke m3]

Originally Posted by Panscan340

You should be able to get 2-4% at absolute minimum. 340s were selling for 6-8% off a couple months ago.
Check leasehacker and look at the broker threads

Def would not pay sticker for a 340

Emailed three brokers, none of them replied back.

[donewithit]

Yeah the Leasehacker people were useless. For an M340i they either didn’t respond or were offering basically MSRP with an unknown production week. If you want a base X3 they’re probably helpful.

[EXE46]

Originally Posted by broke m3

Emailed three brokers, none of them replied back.

Be patient, there are brokers on leasehackr offering discounts on builds. Do not pay MSRP for this car.

[broke m3]

Originally Posted by EXE46

Be patient, there are brokers on leasehackr offering discounts on builds. Do not pay MSRP for this car.

I wish, my car is on its last leg….

[broke m3]

Originally Posted by donewithit

Yeah the Leasehacker people were useless. For an M340i they either didn’t respond or were offering basically MSRP with an unknown production week. If you want a base X3 they’re probably helpful.

Yeap, maybe that’s why they aren’t responding back. M340i is a high-demand vehicle. I doubt if there are even any builds on the floor.