Thoughts in buying m3 now vs leasing m4

[Flamesofgold]

Hello guys,

I've found a e92 m3 that I want to potentially buy. Loaded clean 41k miles $45k warranty expired so I would purchase 3rd party + 2k (carmax) after NYC taxes and other fees in looking at $$ 53-54 k

Or should I just f it and lease the m4 ?

I know in all honesty I would eventually move on to a used m4 in 5-7 years if I bought the e92.
If I lease the m4 and like it I would buy it after lease. Or just finance a 2018 m4 model if it's worth the upgrade.

Is this a right move? And if it is. Do you think better lease deals are to be had come December time?

[gatorfast]

Dont think anyone on a message board can tell you whether buying the old M3 or buying/leasing the current M3/4 is the right move or not. You need to decide what you want and how much you want to spend.

[s85e90]

You came here to ask random strangers about what car to purchase. Think about that for a minute.

[chrisj951]

I can relate to your dilemma. I just recently purchased an 08 M3 with 36,000 miles on it after seriously considering leasing an M4. The best lease deal I got was $975 a month for 36 mo./10k yr after I put $6k down (GA car tax sucks). This was a selling price of around $73k, sticker was $77,300 and the money factor was not inflated with 58% residual

Do I think a better lease deal will happen in December? No, I do not. These cars are selling very well. The dealer I was working with was in a small town in a neighboring state. In a year you may see residuals at 62%.

I paid $35,000 for my M3 and will hold onto it for 2-3 years and either get a used M4 or a new M2, once they are released.

[Flamesofgold]

Originally Posted by s85e90

You came here to ask random strangers about what car to purchase. Think about that for a minute.

Well I know it sounds silly but I just thought some insight may be helpful.

[Amirsm3]

Originally Posted by gatorfast

Dont think anyone on a message board can tell you whether buying the old M3 or buying/leasing the current M3/4 is the right move or not. You need to decide what you want and how much you want to spend.

This.

[Flamesofgold]

I got it down to 860 per month without taxes and other fees rolled in I would be paying about 4.5 k if I rolled it it it would be high 9XX which is doable but I wanna get the best price I can get.

[Flamesofgold]

Originally Posted by Amirsm3

This.

I don't like the idea of buying new I hate the fact that 80k will turn into 45-50 in three years. But I spend 50k now & jump into another used M within 5-7 years I just figured perhaps leasing may be my best bet. I would probably sell at 20-25 k if i am lucky and will have to end up eating the 25-30k difference to hop into another used M

Don't know guys I am just confused as I finally have the opportunity to get myself in a M I just want to make sure I love it. In crossing my fingers if I get the m4 I'll be forever content and won't buy another for 10+ years where as the e 92 I would likely switch 5-7 if not sooner.

[Z K]

Originally Posted by Flamesofgold

I got it down to 860 per month without taxes and other fees rolled in I would be paying about 4.5 k if I rolled it it it would be high 9XX which is doable but I wanna get the best price I can get.

That is just crazy. I can't justify paying nearly $1000 a month on a car and be restricted to 10,000 miles a year. Then you return the car you paid so much money for.

That's $36k in payments over 3 years - you could have bought another car with that kind of money. Instead you are just renting one and paying it down for the next guy.

[drexplode]

i had the same question over the past week or two and here is why i proceeded E90:
-last of the V8's
-love the sound
-personality/character is more of my liking
-own vs. lease
-PFI vs. DI - no carbon build up (sick of this topic from RS4 and N55)
-relatively reliable except rod bearing issue (will monitor oil)
-S55 is brand brand new - expect first year production issues. Not interested in a 320i loaner all the time.

If price is the only consideration then do EURO delivery for F80. For a bare bones F80 M3, i was quoted ~$880/mo including taxes + $1800 due at signing. 3yrs/10k miles.

[///M3Fresh]

Originally Posted by Flamesofgold

I don't like the idea of buying new I hate the fact that 80k will turn into 45-50 in three years. But I spend 50k now & jump into another used M within 5-7 years I just figured perhaps leasing may be my best bet. I would probably sell at 20-25 k if i am lucky and will have to end up eating the 25-30k difference to hop into another used M

Don't know guys I am just confused as I finally have the opportunity to get myself in a M I just want to make sure I love it. In crossing my fingers if I get the m4 I'll be forever content and won't buy another for 10+ years where as the e 92 I would likely switch 5-7 if not sooner.

Why do you have to switch in 5-7 years or sooner with the E92?

If that is the case, why not get an E46 or even E36 for a couple of years (or any other cheaper car) till you get the M4 that you really want?

[Amirsm3]

If you're gonna progress to a used F8X car anyway, just wait and save your money until then.

[Flamesofgold]

Originally Posted by Z K

That is just crazy. I can't justify paying nearly $1000 a month on a car and be restricted to 10,000 miles a year. Then you return the car you paid so much money for.

That's $36k in payments over 3 years - you could have bought another car with that kind of money. Instead you are just renting one and paying it down for the next guy.

That is my thought exactly but I always have the option to buy at the end.

Or just get the e92 call it a day and upgrade later but still essentially dishing out the same money and perpetually buying the cycle of newish used cars

[Flamesofgold]

The truth is I'll probably be a life time switcher in hopes of finding something I will want to keep for a long time.

I always wanted a 46 until the 92 came out and when the 92 was around that's all I wanted. now that I can put myself in one I'm thinking should I just get the newer one?

Although I do agree with the sentiment of the last of the v8 I test drove it and it was great but I'm sure I would love the m4 too.

[STooK]

Sounds like you don't really want a e9x M3 but you just want to get into an M car. I actually had the same dilemma a couple months back when my 335 lease was coming up. I ended up buying my e93 M3 over leasing the f8x because I decided I would like to keep the e93 for many many years. Plus, to lease a f8x, it would've costed over $40k in 3 short years so it was not worth it to me.

I think the best option for you is to finance the f80 and keep it for 7-8 years. Doesn't make sense to buy a e9x now only to sell it for a f8x later on if you're set on the f8x from the start.

[backhill]

Should I get Whataburger or Chipotle?

Or should I wait until after my meeting?

Guys help!!!!!

[Amirsm3]

Originally Posted by backhill

Should I get Whataburger or Chipotle?

Or should I wait until after my meeting?

Guys help!!!!!

Fudruckers

[Flamesofgold]

Originally Posted by backhill

Should I get Whataburger or Chipotle?

Or should I wait until after my meeting?

Guys help!!!!!

Definitely chipotle my man, definitely.

[Kung Fu English]

Originally Posted by STooK

Sounds like you don't really want a e9x M3 but you just want to get into an M car. I actually had the same dilemma a couple months back when my 335 lease was coming up. I ended up buying my e93 M3 over leasing the f8x because I decided I would like to keep the e93 for many many years. Plus, to lease a f8x, it would've costed over $40k in 3 short years so it was not worth it to me.

I think the best option for you is to finance the f80 and keep it for 7-8 years. Doesn't make sense to buy a e9x now only to sell it for a f8x later on if you're set on the f8x from the start.

If you know you will keep the f80 for 7 years, just buy it new and skip the lease. You'll get all the warranty and unlimited miles.

But really what matters is your monthly budget.

You could almost own the e90 after 4-5 years of the same monthly payment if the lease I would imagine.

If you lease an f80 you could buy it and have the same payment for a total of like 8 years or pay more during the last 3 if you did a 6 year overall. Or you could lease again, netting you a newer f80 (maybe lci if you're lucky) and perpetual payments but you always get warranty and maintenance for free.

I bought my e92 and when it comes time I will consider the perpetual leading option as it's really low hassle when it comes to the maintenance and you always have a new car. That can be worth the extra money depending on the person.

I would try to drive both honestly.

[GotE46M]

Get both!

[Acree]

Originally Posted by Flamesofgold

Hello guys,

I've found a e92 m3 that I want to potentially buy. Loaded clean 41k miles $45k warranty expired so I would purchase 3rd party + 2k (carmax) after NYC taxes and other fees in looking at $$ 53-54 k

Take this for what it's worth, but I just purchased an '11 E92 with 16.3k miles on it, fully loaded, extremely clean, for $48.3k from a dealership in NJ. Warranty is good until June of next year. There are really good deals out there if you look hard enough.

[Flamesofgold]

Originally Posted by Acree

Take this for what it's worth, but I just purchased an '11 E92 with 16.3k miles on it, fully loaded, extremely clean, for $48.3k from a dealership in NJ. Warranty is good until June of next year. There are really good deals out there if you look hard enough.

Do you mind sharing options and details? Was this 49k otd?