Can You Lease an M?

[chbrules]

I would imagine not since most people like to beat the crap outta those cars on the tracks and such, not to mention a higher risk of crashing the car than other BMWs. I would love to lease an M5, though.

[trick50]

yes you can and yes it is common that people do...while the m rates are higher than most cars. they are not too unreasonable

[nimamilani]

why not? there are not that many people that are that rich enough to have 90 thousand dollars in their bank account just for buying a sporty car. the people who have the money would rather lease the car and invest that large sum of money somewhere to make more money!!!

[John 070]

Of course you can. A lease is an agreement that's very favorable for the lessor, so they would love to have you lease where the capital cost is higher. It's like asking if you can rent an apartment that has 5,000 sq. ft. Of course you can.

[ejazbmw]

sure why not its just like anyother bmw....well not really

[mkeds]

Originally Posted by nimamilani

why not? there are not that many people that are that rich enough to have 90 thousand dollars in their bank account just for buying a sporty car. the people who have the money would rather lease the car and invest that large sum of money somewhere to make more money!!!

Good Call. +1

[uberschnell]

I'm imagining the price of an M3 will be close to that of a loaded X5 and less then a 7 series, so why not?

[BMW2006]

Sure you can, there are a ton of M leases out there. If you think about it, most of the owners can be described as 'somewhat sound' financially. So what if leasing isn't 100% in thier favor, they can constantly be updgrading to the newest //M model every 2-4 years without absorbing the negative equity or the burden of selling the car.

Most aren't daily drivers so the mileage contstrictions are a non-issue, not to mention the penalty for overmilage on a //M lease is the same as a 325i.

If you hammer down on the engine every day, there isn't as much risk because by the time the punishment catches up to the car, you've already swapped it out for another one.

It might even make more sense to lease an //M than buy one

-BMW2006

[matt_435xi]

leasing M cars and verts are very advantageous to the lessor. they charge ridiculously high rates as these cars are truly in limited supply. just because the an M car will be priced around 70k, don't expect to see typical 70k rates as this car is limited.

and this goes for verts too. i compared a lease for a 328Cic loaded vs my 335Ci loaded, pretty much same MSRP...big difference in leasing the 328Cic.

[dmboone25]

I'll bet this is still a pretty penny....

[e92phreak]

My CA indicated that over 75% lease BMWs. And if you goto the higher end cars, such as the Ms, 6s, and 7s, it goes to 90%.

[TopDown]

Originally Posted by chbrules

I would imagine not since most people like to beat the crap outta those cars on the tracks and such, not to mention a higher risk of crashing the car than other BMWs. I would love to lease an M5, though.

You can thrash your leased M as much as you like. Just be prepared to either get it back into condition at lease-end, or pay the lease-end wear and tear fees. BMWNA will then spend a few bucks to bring the car up to CPO quality, and then turn it around and make some money on the a re-sale or re-lease. Everybody wins.

[Cadillac Johnson]

Depending on the term the dealership may not agree to it. It would have to be heavily in their favor.

I remember when the C5 Corvettes came out, no short term leasing available. If you wanted to lease one they all wanted longer terms, ie. 4-5yrs. That way with the high payments they would make more money as the value declined.

Besides, leasing high performance cars is like renting high performance cars, they know your going to beat the shit out of it. They have less warranty work to cover if you finance it. Unless you get an extended warranty, but then of course they make money right away with that.

[Hunter399]

you can lease any car

[nimamilani]

you can even lease a maybach

[E90330iS]

Good information on this thread!!

[astra]

Originally Posted by hunter399

you can lease any car

Originally Posted by nimamilani

you can even lease a maybach

or you could join P1

[Coldintake]

Oh god...

[AndrewAZ]

Originally Posted by nimamilani

why not? there are not that many people that are that rich enough to have 90 thousand dollars in their bank account just for buying a sporty car. the people who have the money would rather lease the car and invest that large sum of money somewhere to make more money!!!

Didnt you read the topic I posted that in? I got flamed for saying such smartness... Finally another person with common sense.

[koreez88]

By leasing an m3 you will pay like $20000 in interest.

[chbrules]

I guess I didn't look hard enough. I just saw the lease promotions on the bmwusa.com site and didn't look to the side that had all the cars. Anyone know the pricing structure of the M3 and M5 for lease?

[John 070]

Originally Posted by AndrewAZ

Didnt you read the topic I posted that in? I got flamed for saying such smartness... Finally another person with common sense.

A smart person would rather lease a 90k car and invest the money? Not really, a smart person would spend less on a car and diversify.

Like I said, if you look at the McMansions around me, many cars are not BMWs, they're Japanese, Accord-Avalon'ish. Because when the avg. mortgage is pushing over 5k/mo., hundreds of dollars/mo. wasted on a car does matter.

The "leverage your portfolio lease your M5 hold no cash" mentality that we see on this forum makes me think of cowboys. Sometimes they do fall off their horses but hope nobody sees.