Decision: 2020 M340i or 2022 M340i (Lease)

Frost17 · 11-14-2021, 07:02 PM

Hey guys -- I could use some expert advice here.

Debating on:

Financing: 2020 M340i 45k miles

OR

Leasing: 2022 M340i

I've driven a friend's 20' and it was amazing. I've not test drove a 22' yet, but I'm assuming the experience will be similar?

Miles aren't an issue and price isn't either.

Thoughts?

TruthOne · 11-14-2021, 07:09 PM

No it won't be the same because the 2020 sounds way better. What's the price of the 20?

Frost17 · 11-14-2021, 07:15 PM

Quote:

Originally Posted by TruthOne

No it won't be the same because the 2020 sounds way better. What's the price of the 20?

$51k.

justbananas · 11-14-2021, 07:26 PM

Tough decision. Me, I want new... but you may have all sorts of factors that influence your decision that we aren't privy to.

First, can you even get a good deal on leasing a new one? Can you find one with the options you want? If you haven't looked lately, BMW has been removing options like crazy and snapping up the 2020 might be a good idea.

Frost17 · 11-14-2021, 07:37 PM

Quote:

Originally Posted by justbananas

Tough decision. Me, I want new... but you may have all sorts of factors that influence your decision that we aren't privy to.

First, can you even get a good deal on leasing a new one? Can you find one with the options you want? If you haven't looked lately, BMW has been removing options like crazy and snapping up the 2020 might be a good idea.

Leasing options are terrible right now. ~800/m for an M340i. This time last year I was getting offers for low $600s. I get it, the chip shortage is real, but I'm not shelling out that much. Maybe for an M3.

I heard the 20's were a true gem and are worth grabbing.

Rux · 11-14-2021, 07:40 PM

What is the date of manufacture of the 2020??

Frost17 · 11-14-2021, 07:44 PM

Quote:

Originally Posted by Rux

What is the date of manufacture of the 2020??

03/19.

BIMthereRunFlat · 11-14-2021, 08:02 PM

Bought a 2020 m340i myself for $52K but was only 14K miles and xdrive. I'd be wary of 45K miles because you're breathing down the neck of the 50K warranty cut-off. You should be able to find a 2020 example with a good deal less miles on it.

tturedraider · 11-14-2021, 08:17 PM

Quote:

Originally Posted by BIMthereRunFlat

Bought a 2020 m340i myself for $52K but was only 14K miles and xdrive. I'd be wary of 45K miles because you're breathing down the neck of the 50K warranty cut-off. You should be able to find a 2020 example with a good deal less miles on it.

I agree with this. At 45k miles $51k sounds overpriced. If I was going to buy a two year old BMW with 45k miles on it I’d want it to be CPO’d. At the very least I’d shop hard for a good exclusionary extended warranty.

TruthOne · 11-14-2021, 08:18 PM

Quote:

Originally Posted by Frost17

Quote:

Originally Posted by TruthOne

No it won't be the same because the 2020 sounds way better. What's the price of the 20?

$51k.

That's crazy for a car with 45k miles but I realize the used car market is insane. I'd go new and see what deal you can get.

BMR_CK · 11-14-2021, 09:04 PM

Quote:

Originally Posted by TruthOne

That's crazy for a car with 45k miles but I realize the used car market is insane. I'd go new and see what deal you can get.

Agreed. 51k for a car with 45k mikes is a stretch. This is such a strange market right now. Good luck with whatever you decide.

k4sh_90 · 11-14-2021, 09:22 PM

Used car market these days is seriously weird. I bought my '20 M340i xDrive about a year and two weeks ago for $53500, with 8K on the ticker. Just about all the fixings, minus adaptive suspension and the HK speakers, sticker was around $70K.

The 20s would be worth it just cause it's the pre-COVID build so nothing held back. Any chance you can hold out for a better deal?

RedKloud · 11-15-2021, 09:10 AM

Quote:

Originally Posted by Frost17

$51k.

$51K for 45K miles car! The market is absolutely bonkers. Maybe I should sell my 2020 M340… it has only 13K miles on it. Will probably end up getting 10K above my pay off amount (it’s a lease).

_E90S65_ · 11-15-2021, 10:26 AM

I'd get the 2022, assuming the lease terms aren't too ridiculous.

The 2020s do sound a lot better, but not enough to sway me to a car with 45K (most likely flogged) miles on it.

Bimmerg621 · 11-15-2021, 11:07 AM

Quote:

Originally Posted by _E90S65_

I'd get the 2022, assuming the lease terms aren't too ridiculous.

The 2020s do sound a lot better, but not enough to sway me to a car with 45K (most likely flogged) miles on it.

Lease numbers are horrible and will continue to be in the next few months I'm afraid. I'm seeing anywhere from $800-850 a month with no money down and little discount. My build MSRP is $69k which is on the higher side, when the car arrives I have to make a decision whether or not I want to take the deal or not. (Deal negotiated when the car arrives at dealership)

Buying used might be a better choice since there are no options removed and they sound better.

Frost17 · 11-16-2021, 11:33 AM

I test drove the 20' and was impressed (again). I'm probably going to lease a 22' though.

To me it doesn't make sense to pay $48k (got the dealer down a bit) for something with 45k miles. Warranty ends 6/24.

How different is the exhaust note on the newer models? Is it THAT drastic?

madpistol · 11-16-2021, 11:54 AM

Quote:

Originally Posted by Frost17

How different is the exhaust note on the newer models? Is it THAT drastic?

In a word.... yes.

liuaar · 11-16-2021, 01:57 PM

Quote:

Originally Posted by Frost17

I test drove the 20' and was impressed (again). I'm probably going to lease a 22' though.

To me it doesn't make sense to pay $48k (got the dealer down a bit) for something with 45k miles. Warranty ends 6/24.

How different is the exhaust note on the newer models? Is it THAT drastic?

Just replace the exhaust with AWE, Dinan, or even MPE and it won't bother you.

I have the 22 with an AWE track!

DRKNESSAudiDad · 11-16-2021, 02:18 PM

^^^ Can you post a sound video of your exhaust set up ?

BIMthereRunFlat · 11-16-2021, 02:42 PM

Seriously, I think all these greenhouse gases are going to our heads! It's your Rice Krispies that are supposed to snap, crackle and pop, not your car! Either the Fast & the Furious had much more impact than those films possibly deserved or else everybody's just flippin' out. And that's said as owner of a 2020, the farty exhaust sounds of which I couldn't care less about.

iceRN09 · 11-17-2021, 12:15 PM

20 is Made in Germany. 22 is made in Mexico! Plus the options in 20 might bebetter such as m adaptjve Suspension which doesnt exist in 22's. My mechanic revved up my 20 inside his shop. It was glorious

sixpastnine · 11-17-2021, 12:32 PM

Just took home a '22 with MPE and of course YMMV but I just remarked to my wife it might actually be TOO loud. Amazing sound.

Meanwhile 45k Miles in two years is nuts - with two fewer years on the warranty, I wouldn't be interested at that price point.

I had very minor issues with feature deletions - only passenger lumbar support? Still have HK audio and touchscreen.

Also, Mexico factory is state of the art. I don't really understand the argument in favor of German builds. Maybe M cars?

11-14-2021, 07:02 PM	#1
Frost17 Private First Class 37 Rep 172 Posts Drives: 22' M340i xDrive Join Date: May 2012 Location: PA iTrader: (0)	Decision: 2020 M340i or 2022 M340i (Lease) Hey guys -- I could use some expert advice here. Debating on: Financing: 2020 M340i 45k miles OR Leasing: 2022 M340i I've driven a friend's 20' and it was amazing. I've not test drove a 22' yet, but I'm assuming the experience will be similar? Miles aren't an issue and price isn't either. Thoughts?
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11-14-2021, 07:09 PM	#2
TruthOne Major 1081 Rep 1,086 Posts Drives: 2021 M340i Join Date: Oct 2020 Location: Oakland, CA iTrader: (0)	No it won't be the same because the 2020 sounds way better. What's the price of the 20?
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11-14-2021, 07:26 PM	#4
justbananas Private First Class 61 Rep 122 Posts Drives: none Join Date: Aug 2021 Location: Houston iTrader: (0)	Tough decision. Me, I want new... but you may have all sorts of factors that influence your decision that we aren't privy to. First, can you even get a good deal on leasing a new one? Can you find one with the options you want? If you haven't looked lately, BMW has been removing options like crazy and snapping up the 2020 might be a good idea.
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11-14-2021, 07:40 PM	#6
Rux Captain 638 Rep 613 Posts Drives: Little of this, little of that Join Date: Dec 2020 Location: Boston,MA/FL/NH iTrader: (0) Garage List 2024 BMW G42 [0.00] 2022 BMW G82 [0.00]	What is the date of manufacture of the 2020??
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11-14-2021, 08:02 PM	#8
BIMthereRunFlat Private 49 Rep 79 Posts Drives: BMW M340i xdrive Join Date: Sep 2021 Location: Wilmington, NC iTrader: (0)	Bought a 2020 m340i myself for $52K but was only 14K miles and xdrive. I'd be wary of 45K miles because you're breathing down the neck of the 50K warranty cut-off. You should be able to find a 2020 example with a good deal less miles on it.
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11-14-2021, 09:22 PM	#12
k4sh_90 Captain 539 Rep 853 Posts Drives: 2020 BMW M340i xDrive Join Date: May 2019 Location: Up-Upstate NY iTrader: (0) Garage List 2020 BMW M340i xDrive [0.00]	Used car market these days is seriously weird. I bought my '20 M340i xDrive about a year and two weeks ago for $53500, with 8K on the ticker. Just about all the fixings, minus adaptive suspension and the HK speakers, sticker was around $70K. The 20s would be worth it just cause it's the pre-COVID build so nothing held back. Any chance you can hold out for a better deal? __________________ 2015 Kia Optima SX Turbo -> 2017 Infiniti Q50 Red Sport AWD -> 2018 BMW 340i xDrive -> 2020 BMW M340i xDrive Hey Google, play "Who Am I" by Beenie Man
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11-15-2021, 10:26 AM	#14
_E90S65_ Captain 736 Rep 674 Posts Drives: 2021 M340i Join Date: Dec 2020 Location: Pluto iTrader: (0)	I'd get the 2022, assuming the lease terms aren't too ridiculous. The 2020s do sound a lot better, but not enough to sway me to a car with 45K (most likely flogged) miles on it. __________________ 2021 M340i Portimao / Cognac 2018 F80 M3 Silverstone / Sakhir (gone) 2015 M235i Estoril / Black (gone) 2011.5 E90 M3 Silverstone / Black (gone)
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11-16-2021, 11:33 AM	#16
Frost17 Private First Class 37 Rep 172 Posts Drives: 22' M340i xDrive Join Date: May 2012 Location: PA iTrader: (0)	I test drove the 20' and was impressed (again). I'm probably going to lease a 22' though. To me it doesn't make sense to pay $48k (got the dealer down a bit) for something with 45k miles. Warranty ends 6/24. How different is the exhaust note on the newer models? Is it THAT drastic?
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11-16-2021, 02:18 PM	#19
DRKNESSAudiDad Enlisted Member 31 Rep 40 Posts Drives: Audi A6 Join Date: Nov 2021 Location: South Jersey iTrader: (0)	^^^ Can you post a sound video of your exhaust set up ?
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11-16-2021, 02:42 PM	#20
BIMthereRunFlat Private 49 Rep 79 Posts Drives: BMW M340i xdrive Join Date: Sep 2021 Location: Wilmington, NC iTrader: (0)	Seriously, I think all these greenhouse gases are going to our heads! It's your Rice Krispies that are supposed to snap, crackle and pop, not your car! Either the Fast & the Furious had much more impact than those films possibly deserved or else everybody's just flippin' out. And that's said as owner of a 2020, the farty exhaust sounds of which I couldn't care less about.
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11-17-2021, 12:15 PM	#21
iceRN09 Lieutenant 241 Rep 578 Posts Drives: M340i Xdrive, X5 M50i Join Date: May 2020 Location: North East USA iTrader: (0)	20 is Made in Germany. 22 is made in Mexico! Plus the options in 20 might bebetter such as m adaptjve Suspension which doesnt exist in 22's. My mechanic revved up my 20 inside his shop. It was glorious
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11-17-2021, 12:32 PM	#22
sixpastnine New Member 27 Rep 10 Posts Drives: VW GTI Join Date: Jun 2021 Location: San Francisco Bay Area iTrader: (0)	Just took home a '22 with MPE and of course YMMV but I just remarked to my wife it might actually be TOO loud. Amazing sound. Meanwhile 45k Miles in two years is nuts - with two fewer years on the warranty, I wouldn't be interested at that price point. I had very minor issues with feature deletions - only passenger lumbar support? Still have HK audio and touchscreen. Also, Mexico factory is state of the art. I don't really understand the argument in favor of German builds. Maybe M cars?
	Appreciate 0 Quote