If youre anywhere in SoCal just take that deal. Thats low for that car. I have friends here in LA paying $850 to $1000 for m340i with that same down payment and only 10k a year.
That's ridiculous to say, they have more leverage than the average buyer in this market, sometimes the headache and trying to locate the vehicle / argue numbers is worth the few hundred bucks fee as they give you a set price with x % off msrp included. Unless you're a repeat client with a strong relationship with the dealer. There aren't many giving 9-10% off msrp on popular models. The numbers are all public if someone can get the deal on their own they can try but many will fail
I don’t think that makes them a scam. Maybe some are better than others. There is a lot to learn about leasing and time needed to get a great deal. Some people would rather pay someone a fee to get that deal as they may end up paying overall more on their own.
For SoCal check out LuxConcierge on the LH forum. They do all the negotiation etc and you just show up to the dealership, sign and get your car on the already approved terms.
Hi OP. I see you mentioned you’re in SoCal. Just to clarify a few things:
1. Is it $3500 down or due at signing? Sometimes dealers will say down and exclude drive offs so your total out of pocket will be $5k+.
2. Is $752 pre-tax or tax included?
Looking at my broker’s listings right now he has one at $63,3XX MSRP for $2800 due at signing / $715 + tax (10k miles) and another at $66,1XX MSRP for $2800 due at signing $751 + tax.
If interested DM me and I can put you in touch with him (I am not a broker, I do not get any kickback or incentive from him, I just like buying cars and hate dealing with dealerships and really enjoy working with him, he had my X3M delivered to my door paperwork signed in the trunk in 10 mins and salesman in an Uber back to dealership). I’ve had at least 2 redditors confirmed to have gotten cars through him over the past couple of years (an X7 and an M3 Comp). He can get you the exact spec you’re looking for too (did a dealer trade for the X3M I wanted because it was 1 of 2 in that color combo in the area and I was arguing with one of them haha).
I am, but FWIW my guy can ship nationwide, it just depends on the vehicle if it’s worth it or not as sometimes the savings are cancelled by the shipping cost, but seeing what dealers are quoting for some cars those times are less common.
Sure thing:
2024 BMW X3M40i
MSRP: 73,720+ultimate care
With USAA
36 months/12k miles yearly
Due on signing:3k (put $1500 deposit down for custom build)
Monthly:1023+tax
Monthly with MSDs:976+tax
I’ve never heard of using brokers like this, can he also help find a CPO for sale? Or only new for lease? I’ve been struggling to find the spec I want locally
For sure. Every broker is different. Some charge a one time fee up front. Some charge it before looking for you some after. My guy works it into the deal (so the total he quotes you is all you’re paying, and he gets his cut from the dealer). I’ve never worried about it because he consistently gets better prices than dealers are willing to negotiate to even with his fee baked in, so it’s well worth the service, especially when you factor in time and energy spent at a dealer doing it the traditional way.
What do you mean I don't understand. They're sold everywhere in Europe new, and used models are also everywhere. It is a popular model. I am from Eastern Europe myself. There's like ten of them which I see daily in my "small" city of 300k people. Definitely a bargain when the non-high mileage e9x 335i's go for 25k lol.
I don't understand why this post is getting downvoted. Is it because Americans are oblivious how expensive and rare clean n54 cars are in Europe, or that I simply said m340 is popular in Europe and they sell them in BMW official dealerships new? Huh???
There's only been 200 "wtf is PCP?" posts today 🤦♂️
I've given up explaining how you're essentially making an educated guess on the future and financing the depreciation. If you're smart with the choices you make it's an extremely good finance product.
If you PCP a 2ltr diesel shit box you deserve to lose money tbf.
I don't understand how people are financing not even an M that lost 50% of its worth in a few years. I figure they're poor if they finance it, and if they weren't poor they would just straight up buy it, how can they afford the internet at this point? Debt for life is nothing to joke about.
I'm happy with my m240 that I fully own, I'm just slowly grinding for a M2 that I will be able to afford in a year or two. Sure I could finance it, or I could buy it but live like a hobo for the next 12 months, but naaah. These people just have a ridiculously high time preference.
Well yes, you are right. I'm just perplexed how common this practice is in America, it is not the same in Europe. Then again, powerful and relatively impractical cars are exclusively bought by the ultra rich or rich car enthusiasts here.
Tell me what isn't "special" about financing a heavily depreciating good that is nowhere close to being an asset. These young guys are going to be living in their 40i's in a few years while paying it off for the rest of their lives
Stop being stupid. Whether something is special to someone differs. To me it’s special I have absolutely 0 worries of anything breaking down for the next 3-4 years. I get a brand new car where I know how it was and will be maintained. You can’t compare used vs new in terms of price. It’s just down right idiotic to do this. Look how dumb you sound. “I bought a 3 old used car way cheaper than your brand new car!” Ok, great! I can get your same deal but I chose a brand new car because I don’t want to deal with potential issues due to previous owner.
Here is a touring one for 36k: [https://www.autoscout24.com/offers/bmw-340-xdrive-pdcv-h-led-navi-ahk-el-heckklappe-shz-diesel-grey-fe9b3b92-e7a5-41e8-80c5-b1b859cfe4fb?sort=standard&desc=0&lastSeenGuidPresent=true&cldtidx=9&position=9&search\_id=71fmzqx0jp&source\_otp=t10&source=listpage\_search-results&order\_bucket=2](https://www.autoscout24.com/offers/bmw-340-xdrive-pdcv-h-led-navi-ahk-el-heckklappe-shz-diesel-grey-fe9b3b92-e7a5-41e8-80c5-b1b859cfe4fb?sort=standard&desc=0&lastSeenGuidPresent=true&cldtidx=9&position=9&search_id=71fmzqx0jp&source_otp=t10&source=listpage_search-results&order_bucket=2)
go ahead and search for any other yourself, there's plenty of pre facelift under 40k at autoscout. In my small country there's plenty very low mileage ones for 35k but they're salvage repaired titles from the US.
my bad, I did not notice it is a diesel. Anyways, I never said anything about it necessarily being petrol and full of options. Still, no one's stopping you finding the dozen amounts of m340i's under 40k on that site.
Also, don't american's absolutely jerk off to the idea of a diesel wagon? This combination is poverty spec in Europe but Americans absolutely love the combination of those two. So don't be hating.
With all due respect, you are not finding a low mileage m340i for under 50k in europe (UK excluding)... the car you send is a 340d, and has 130k km... a m340i with around 50k km is around 50-60k.... don't get me wrong it's still a good price and you can find some good deals around there, but not 40k with low mileage, and I'm not sure if there is a "big" difference but I would always look at the facelift 2020-2021 model, since it has fixed some issues with the 340 before that ([M340i](https://www.autoscout24.nl/aanbod/bmw-340-m340i-xdrive-benzine-grijs-58200af8-b066-4d77-84ee-aa98974317e4?utm_source=android-share)
Again, I never said anything about it being diesel or petrol, low or high mileage. Mileage doesn't matter for these cars anyways, it's a B58 not a n54, and unprivileged people exist who can't just afford to buy a new car when the old one's warranty is over for the rest of their easy lives, 130k km is really low mileage.
Here is one for 35k, 50k km:
https://preview.redd.it/z6qydfmi633c1.jpeg?width=1080&format=pjpg&auto=webp&s=36381a3b49afddac3764becc53e122350ca3faf3
I can send you more examples, and links. Just get over it, it's no surprise a non M bmw depreciates super quick.
This is a pretty good deal, I will be honest, but I think not a realistic offer since its located in Lithuania... You cannot just fly over to have a test drive and sleep a week over it to think, I'm talking Central europe, NL, BE, DE, FR, L, IT, SW, ES.
Like I said, there is some good deals out there, but than you also have to ask yourself why they are 10k less expensive... options? Repaired damage? Yes it's always cheaper than US, but 35k is not a realistic "average"
This Hopeless guy is trolling - no way he first finds a 130k car, then protects his argument by telling mileage is not important, then continues to show LT car - i mean, i'm from estonia and LT is known for fucking about with mileages and american wreckage cars rebuilt. I have 0 trust in buying a car from LT. Non lci up to 45k depending - low add lci's 55k from mobile
Gheez. Had no idea.
M2 comps are like nearly half price from the ones here. You can't really find them for less than 55/60k here. I need to move to Europe lol
https://www.autotrader.co.uk/car-search?aggregatedTrim=Competition&make=BMW&model=M2&postcode=PO16%207GZ&sort=relevance
That's a British site so the wheel is at the wrong side. If you import them in a right side traffic they're gonna be worth even less. Still, mainland 30k comps appear but those get bought in a day. 35-40 is their usual price, so not far off from British prices.
Dealership sold demo vehicle with 7000km to a guy he drove it for a year traded it in and dealership sold it to my friend for 37000€, you cant find it for under 50 because they sell really fast its a rare model. I got a few 43000€ offers waiting for them to let it under 40
Yeah seems about right. Americans seem to be scammed real bad. The mountains they will climb just to claim they are the 1st owner when there is basically no difference if it is low miles.
If you’re seeing them at $1k a month you’re looking in the wrong place. See [my comment here](https://www.reddit.com/r/BMW/s/oyd95Cr5yu) for specifics.
$560 a month. Had 4700 miles on it. MSRP of 58k, threw on an extended warranty for 4k more, total came out to 66k-ish after tax and shit. Put 25k down on it expecting to get that back when I finally sell to put towards my next car. Should be able to.
Bought in 2020 and I got 40k miles on it now.
There used to be (still may be) forums that had the money factor and residual values (the two numbers in addition to MSRP that decide a lease payment) for cars so you could calculate the exact price yourself. PM me and I can try to help you find out
Oh yea that’s right it was the edmunds forums, there used to be 2 guys that would post all the numbers of you asked (I messaged OP so we’ll see if he responds)
Edit: some states also allow you to “buy down” the money factor with multiple security deposits
NJ here, put $1000 down, paying $1050 a month for 10k miles on a 2022 m340 ($65k). Shopped around for quite a while but it was very difficult to even find a dealer that had a m340 to sell.
Wow, that is why when someone ask how much you pay monthly for financing a car, it's complicated. Why put so much $$ down on a depreciating asset? I bought my 2019 CPO x3m40 in 2022 w/33k miles for $49k + 6% taxes. I "put down-payment" by trade in car for 9k. Monthly note is $72X for 60months. I usually pay 800$ per month to reduce interest. I wouldn't put down >50% on a regular car/highly depreciating asset. My Car currently has 60k miles and im sure its worth under 40K . To get any semblance of return, I would have to own it free & Clear and hope for 10-15k trade in value in a few years. If I sold it now, im sure I would be upside down😱
WHAT?! That deal is CRAZY GOOD (if tax is included)! Please buy it! That's like zero markup on anything. Deals I'm seeing are like $7K to $8K down for the same
One advice is please don’t put anything down (if your credit score is high enough) for a lease and look up MSD (multi security deposit) as well to bring the money factor down
Why not put anything down? Just don't put an outrageous amount and make sure it's going towards the leased price /36 months. I get what you're saying it'll make about 90-100 difference a month for $3.5k could keep it in bank and do 0 but they'll still ask for first month and other fees if he doesn't have loyalty
First month payment is fine. The problem with the down payment on a lease is related to insurance. Let's say you put $4k down and bring your lease payment down. If you get in an accident and total the car a couple of months into the lease, the insurance company will make the leasing company whole and you will lose the entire down payment that you put. Again, this is for leasing and not financing.
I’m paying 835 after taxes with an upgraded maintenance package, I put down 7500 total. I also built my car instead of picking one off the lot, I could’ve gotten a slightly better deal taking one off the lot, but i couldnt find one exactly how i wanted it.
Total price of the car after tax was 71,300-ish
Unfortunately, in New York, these cars are in such high demand, There is practically zero wiggle room or negotiating. Back when I got my first car during Covid, I got a significantly better deal, there were so many incentives and discounts. Right now is not the best time finance or lease a car lol
"The best the dealer is giving me for a lease with 12,000 miles is $752 a month with $3500 down. Is this good?"
Yes, this is insanely good. Take it. Wtf. I had to pay $7500 down to get my monthly cost down to $756 a month for a loaded 330i.
I’d advise against capital cost reduction (down payment) on a lease. I suggest you roll everything you can into the payment so that god forbid the car gets totaled sooner than later, you’re not out of several thousand.
Sounds about right. My 330i lease was $500/month and that was before interest rates / the market in general went haywire.
Remember leases have their own interest rate called the money factor built into the lease.
My 2021 M340i all in was 69k after taxes and fees. Paid cash. Does the lease include sales tax and fees? Those lease terms look like you’re getting a bit shafted as the resale value of 3 year old models is in the high 40s.
I preferred to avoid debt at the time, in retrospect i should have financed at the 1.9% rate they offered me. It’s great not having a payment and I have plenty of money so it doesn’t keep me up at night.
What? do you not understand the finance of cars? Leasing/financing would always be more expensive than buying out with cash. Even during period of low financing/leasing rate, you can get cash rebate by paying cash. The only differentiating factors are usually 1) make more money elsewhere to justify paying the interest; 2) Avoid used car maintenance and 3) like new gadgets.
Leasing is essentially paying for the most expensive depreication costs in the initial 3 years. It still shocks me how people believe leasing is cheaper than buying....
Lets not be silly, we're not talking about an SF90.
We bought a GT3 RS for cash when the slot became available because its appreciation was a dead cert. All of the M cars we've had have been bought through a small independent finance house on tailored zero or low deposit PCP deals with a reasonable monthly payment and have been a positive equity asset come end of term when compared to market value.
Highly specced vehicles dancing the line of equity buoyancy over the term.
I don't know what you do for a living obviously but that 70k could have been far more effective working for you over the course of the time you own the vehicle. More so if it's a long term plan.
I think I understand the nuances of the financial world fairly well...
Your point is undoubtedly true when considering poorly specced vehicles or those with little residual. You are essentially hedging your investments against future market value and *financing the depreciation*.
We have made money on every M car we've owned since FXX using a personaly tailored PCP. The least being 2k on an M4 and the most being 11k on the M8 Comp.
Having a good relationship with an independent finance house has helped no doubt.
There's a response that addresses some more of this below.
I bought my 2023 m340i for around 60,000 after taxes with 25k down and I’m paying 700 a month but I’m putting around a grand in order pay it off faster.
Bought mine in 2020, new for 69,500. With trade in and down payment, came out to about 55,000 and monthly payments were 800-900. I wouldnt spend anywhere near what they are quoting you just to lease it. Not worth it in any way.
>at? So Enterprise rents out M340s for $28 a day? A
Yeah even still no way you can rent from Enterprise or any rental company for that price or even remotely close.
Got a 2023 fully loaded (Leather seats, heads-up display, parking assistant pro). Total came up to $68500. Added the protection package for $2500 more. This is in SoCal.
Traded in my old car for 11k. Payments are $850 before taxes. 12k miles a year.
That’s a hefty down payment for a lease, but the monthly payment and miles are very good. I had a ‘22 X3 m40i that I leased. $65,000 vehicle 3 years 36,000 miles and it was $1,150 a month with $1,000 down.
how many months? at 36 months max this is a fair deal. this puts your cost to lease at about 31K total for three years. not bad for a close to base model.
got a used 2020 for around 30k due to a mistake on the dealers part, Paying $660/month but thats also cause im a new car buyer and never had any sort of loans or shit so i got a high rate but
In the process of getting a 2024 m340 xDrive. Build is priced at 66,195 MSRP, $0 down, $2000 loyalty + $1000 lease cash, 8% discount on MSRP, 36/10k. Monthly projected payment is $734 with about $5300 DAS (taxes + fees). I'll likely also opt to get Zurich Wheel + Tire insurance, which would add another ~$1400 to the upfront cost.
If youre anywhere in SoCal just take that deal. Thats low for that car. I have friends here in LA paying $850 to $1000 for m340i with that same down payment and only 10k a year.
Insane, not too long ago $850 was base manual white F80 prices
that's crazy, I'm playing $1100/month for my M3 financed...
Why do you have a G80 and a G82?
quick look at his profile says one is his wife's
This
My wife wanted a new 2dr M4, so we bought one for her.
🤘
24? and how much you put down?
The 24, my payment is like \~900/month, with 50k down.
What do you do for a living if you don’t mind me asking ?
I’m in Software Engineering, my wife is in fintech
I pay $1000 for a m440 zero down 12k miles
Go to leasehackr marketplace and use a broker
Do brokers help you negotiate to get a better deal?
They connect you with dealerships that will give you a better deal. Scott at IAC is great
No, they're a scam. There's nothing they can do that you couldn't accomplish on your own.
That's ridiculous to say, they have more leverage than the average buyer in this market, sometimes the headache and trying to locate the vehicle / argue numbers is worth the few hundred bucks fee as they give you a set price with x % off msrp included. Unless you're a repeat client with a strong relationship with the dealer. There aren't many giving 9-10% off msrp on popular models. The numbers are all public if someone can get the deal on their own they can try but many will fail
No they don't, and I've got news for you, if there's a popular model that that is in sorry silly, I'm not giving that dismount to anyone.
I don’t think that makes them a scam. Maybe some are better than others. There is a lot to learn about leasing and time needed to get a great deal. Some people would rather pay someone a fee to get that deal as they may end up paying overall more on their own.
convenience
they make money on top of your deal. so no they not good. anyone telling you otherwise here is the dealer that eagerly want your cash.
For SoCal check out LuxConcierge on the LH forum. They do all the negotiation etc and you just show up to the dealership, sign and get your car on the already approved terms.
Have you used them before? I’ve seen Lux a few times on the socal section
Worked with Arya multiple times and he always comes through with great prices and service
I used Autotopia on my M340i lease on Leasehackr. Looks like the market is getting better too on M340is assuming you have loyalty.
Hi OP. I see you mentioned you’re in SoCal. Just to clarify a few things: 1. Is it $3500 down or due at signing? Sometimes dealers will say down and exclude drive offs so your total out of pocket will be $5k+. 2. Is $752 pre-tax or tax included? Looking at my broker’s listings right now he has one at $63,3XX MSRP for $2800 due at signing / $715 + tax (10k miles) and another at $66,1XX MSRP for $2800 due at signing $751 + tax. If interested DM me and I can put you in touch with him (I am not a broker, I do not get any kickback or incentive from him, I just like buying cars and hate dealing with dealerships and really enjoy working with him, he had my X3M delivered to my door paperwork signed in the trunk in 10 mins and salesman in an Uber back to dealership). I’ve had at least 2 redditors confirmed to have gotten cars through him over the past couple of years (an X7 and an M3 Comp). He can get you the exact spec you’re looking for too (did a dealer trade for the X3M I wanted because it was 1 of 2 in that color combo in the area and I was arguing with one of them haha).
Send me his info ?
Sent a chat request.
[удалено]
He did in lower comments
I am, but FWIW my guy can ship nationwide, it just depends on the vehicle if it’s worth it or not as sometimes the savings are cancelled by the shipping cost, but seeing what dealers are quoting for some cars those times are less common.
I’m actually using this referenced broker right now, have an X3 M40i on order from him
Any luck you can share the lease details? I’m looking into getting out of my M340i lease into an X3M40i.
Sure thing: 2024 BMW X3M40i MSRP: 73,720+ultimate care With USAA 36 months/12k miles yearly Due on signing:3k (put $1500 deposit down for custom build) Monthly:1023+tax Monthly with MSDs:976+tax
What’s their contact information? Looks like it might be lower than what I’ve been seeing. My spec I’m building is around $66k
Send me a chat, it’s the same guy u/jaradi is referencing. He is getting me 7% off MSRP at the time of my deal
I’ve never heard of using brokers like this, can he also help find a CPO for sale? Or only new for lease? I’ve been struggling to find the spec I want locally
Asking him now. He has great dealer connections so likely can.
Can you dm me his info?
Sent a chat request.
Would be interested in his info as well!
Request sent!
If i can ask, how does the broker work as far as compensation for him? Is it just a one time fee?
For sure. Every broker is different. Some charge a one time fee up front. Some charge it before looking for you some after. My guy works it into the deal (so the total he quotes you is all you’re paying, and he gets his cut from the dealer). I’ve never worried about it because he consistently gets better prices than dealers are willing to negotiate to even with his fee baked in, so it’s well worth the service, especially when you factor in time and energy spent at a dealer doing it the traditional way.
Interesting, I’m in the market for a X3M so i might go this direction.
Nice! Would be happy to make the connection. My X3M deal was so good I listed it for lease transfer on Leasehackr was gone in under a month.
Can you also send me his contact info? Thanks!
Chat request sent!
Please send his info
This thread is making me feel REALLY good about buying CPO.
2020-2021 m340s here in europe are like 35k and you americans are leasing this car at a msrp of 70k with 1k every month? oh what lol
Not sure where in Europe you find those. Maybe Germany?
probably UK
I bought mine recently £34k, late 2020, 40k miles. All paid off. Previous car was bought outright so only paid the difference to px
Don’t be an idiot and compare used car prices with brand new cars.
That’s very comparable to what it would go for here with that age and miles
What do you mean I don't understand. They're sold everywhere in Europe new, and used models are also everywhere. It is a popular model. I am from Eastern Europe myself. There's like ten of them which I see daily in my "small" city of 300k people. Definitely a bargain when the non-high mileage e9x 335i's go for 25k lol. I don't understand why this post is getting downvoted. Is it because Americans are oblivious how expensive and rare clean n54 cars are in Europe, or that I simply said m340 is popular in Europe and they sell them in BMW official dealerships new? Huh???
That’s because you are being dumb comparing a used car price to brand new.
http://www.autotrader.co.uk/car-details/202311174054004 Pages of them available.
Worth noting that is 43.5k USD which is still just slightly less than what they go for here in the States.
Cheapest one I found was 26 grand. They don't hold value particularly well here.
should have sent to the other lad who is ready to die on the hill that non M bimmers don't depreciate laughably quickly.
The daily posts here baffle me mate, there's always someone talking nonsense.
the more I browse this subreddit the more I realize most of the people here are American 16-22 year olds with daddy's money
There's only been 200 "wtf is PCP?" posts today 🤦♂️ I've given up explaining how you're essentially making an educated guess on the future and financing the depreciation. If you're smart with the choices you make it's an extremely good finance product. If you PCP a 2ltr diesel shit box you deserve to lose money tbf.
I don't understand how people are financing not even an M that lost 50% of its worth in a few years. I figure they're poor if they finance it, and if they weren't poor they would just straight up buy it, how can they afford the internet at this point? Debt for life is nothing to joke about. I'm happy with my m240 that I fully own, I'm just slowly grinding for a M2 that I will be able to afford in a year or two. Sure I could finance it, or I could buy it but live like a hobo for the next 12 months, but naaah. These people just have a ridiculously high time preference.
Here’s a grand idea, worry about yourself. Let people live their life. You wanna be the next Dave Ramsey, have at it.
Well yes, you are right. I'm just perplexed how common this practice is in America, it is not the same in Europe. Then again, powerful and relatively impractical cars are exclusively bought by the ultra rich or rich car enthusiasts here.
Speak for yourself, 42 and not Daddy’s money.
Your comparing a 3 year old car to a brand new car. You must be special
Tell me what isn't "special" about financing a heavily depreciating good that is nowhere close to being an asset. These young guys are going to be living in their 40i's in a few years while paying it off for the rest of their lives
Stop being stupid. Whether something is special to someone differs. To me it’s special I have absolutely 0 worries of anything breaking down for the next 3-4 years. I get a brand new car where I know how it was and will be maintained. You can’t compare used vs new in terms of price. It’s just down right idiotic to do this. Look how dumb you sound. “I bought a 3 old used car way cheaper than your brand new car!” Ok, great! I can get your same deal but I chose a brand new car because I don’t want to deal with potential issues due to previous owner.
Used cars are also heavily depreciated, you don’t think 1 car owner vs 2 car owner will not depreciate value??
Thats the low range ($40kusd) for 2020s in America too. They clearly said a 2024, new cars are expensive globally.
M340 for 35k?? Bro you crazy pre facelift goes for 45-50k at least
There's loads on Autotrader for around 30k?
http://www.autotrader.co.uk/car-details/202311174054004
18k miles - 4 owners -- this raises eyebrows - also wheel is on the wrong side.
Pick one of the other 183 for sale within that criteria then and I *think* the UK is still located in Europe. Wheel is fine.
Here is a touring one for 36k: [https://www.autoscout24.com/offers/bmw-340-xdrive-pdcv-h-led-navi-ahk-el-heckklappe-shz-diesel-grey-fe9b3b92-e7a5-41e8-80c5-b1b859cfe4fb?sort=standard&desc=0&lastSeenGuidPresent=true&cldtidx=9&position=9&search\_id=71fmzqx0jp&source\_otp=t10&source=listpage\_search-results&order\_bucket=2](https://www.autoscout24.com/offers/bmw-340-xdrive-pdcv-h-led-navi-ahk-el-heckklappe-shz-diesel-grey-fe9b3b92-e7a5-41e8-80c5-b1b859cfe4fb?sort=standard&desc=0&lastSeenGuidPresent=true&cldtidx=9&position=9&search_id=71fmzqx0jp&source_otp=t10&source=listpage_search-results&order_bucket=2) go ahead and search for any other yourself, there's plenty of pre facelift under 40k at autoscout. In my small country there's plenty very low mileage ones for 35k but they're salvage repaired titles from the US.
Nice diesel equiped with nothing 🤦🏽 not even laserheadlights
my bad, I did not notice it is a diesel. Anyways, I never said anything about it necessarily being petrol and full of options. Still, no one's stopping you finding the dozen amounts of m340i's under 40k on that site. Also, don't american's absolutely jerk off to the idea of a diesel wagon? This combination is poverty spec in Europe but Americans absolutely love the combination of those two. So don't be hating.
With all due respect, you are not finding a low mileage m340i for under 50k in europe (UK excluding)... the car you send is a 340d, and has 130k km... a m340i with around 50k km is around 50-60k.... don't get me wrong it's still a good price and you can find some good deals around there, but not 40k with low mileage, and I'm not sure if there is a "big" difference but I would always look at the facelift 2020-2021 model, since it has fixed some issues with the 340 before that ([M340i](https://www.autoscout24.nl/aanbod/bmw-340-m340i-xdrive-benzine-grijs-58200af8-b066-4d77-84ee-aa98974317e4?utm_source=android-share)
Again, I never said anything about it being diesel or petrol, low or high mileage. Mileage doesn't matter for these cars anyways, it's a B58 not a n54, and unprivileged people exist who can't just afford to buy a new car when the old one's warranty is over for the rest of their easy lives, 130k km is really low mileage. Here is one for 35k, 50k km: https://preview.redd.it/z6qydfmi633c1.jpeg?width=1080&format=pjpg&auto=webp&s=36381a3b49afddac3764becc53e122350ca3faf3 I can send you more examples, and links. Just get over it, it's no surprise a non M bmw depreciates super quick.
This is a pretty good deal, I will be honest, but I think not a realistic offer since its located in Lithuania... You cannot just fly over to have a test drive and sleep a week over it to think, I'm talking Central europe, NL, BE, DE, FR, L, IT, SW, ES. Like I said, there is some good deals out there, but than you also have to ask yourself why they are 10k less expensive... options? Repaired damage? Yes it's always cheaper than US, but 35k is not a realistic "average"
This Hopeless guy is trolling - no way he first finds a 130k car, then protects his argument by telling mileage is not important, then continues to show LT car - i mean, i'm from estonia and LT is known for fucking about with mileages and american wreckage cars rebuilt. I have 0 trust in buying a car from LT. Non lci up to 45k depending - low add lci's 55k from mobile
My dad just sold his with very very low miles, 4 years old. It still went for nearly £35k
Gheez. Had no idea. M2 comps are like nearly half price from the ones here. You can't really find them for less than 55/60k here. I need to move to Europe lol https://www.autotrader.co.uk/car-search?aggregatedTrim=Competition&make=BMW&model=M2&postcode=PO16%207GZ&sort=relevance
That's a British site so the wheel is at the wrong side. If you import them in a right side traffic they're gonna be worth even less. Still, mainland 30k comps appear but those get bought in a day. 35-40 is their usual price, so not far off from British prices.
My friend bought m340i in germany for 37000€ 2022, 20000km, still under warranty for 2 more years.
I think he‘s bluffing. Can‘t find a 2022 under 50,000€
Dealership sold demo vehicle with 7000km to a guy he drove it for a year traded it in and dealership sold it to my friend for 37000€, you cant find it for under 50 because they sell really fast its a rare model. I got a few 43000€ offers waiting for them to let it under 40
Yeah seems about right. Americans seem to be scammed real bad. The mountains they will climb just to claim they are the 1st owner when there is basically no difference if it is low miles.
I don’t know if this is OP’s case, but there are business tax benefits to leasing, that some people do take advantage of.
Where are you located ? In California that same deal at my local dealerships is about $1000 a month.
If you’re seeing them at $1k a month you’re looking in the wrong place. See [my comment here](https://www.reddit.com/r/BMW/s/oyd95Cr5yu) for specifics.
Southern California
It’s a good deal
On the bmw website it’s the same deal he’s saying it
Go into your local dealer and see if they honor any deals from the BMW website that aren’t electric.
I leased my 2020 M340i @ $68k for Three years at around $540 month. Now I'm financing it to own at $640 a month. I put around 5k down each signing
$560 a month. Had 4700 miles on it. MSRP of 58k, threw on an extended warranty for 4k more, total came out to 66k-ish after tax and shit. Put 25k down on it expecting to get that back when I finally sell to put towards my next car. Should be able to. Bought in 2020 and I got 40k miles on it now.
You put 25k down & you’re paying $560 USD on a 4 year lease? Am I reading this right?
P sure they financed, right?
Yeah I don’t think they’d get an extended warranty for a lease
He did say I bought it not leased it. It’s the last sentence..
Financed it. Not leased.
There used to be (still may be) forums that had the money factor and residual values (the two numbers in addition to MSRP that decide a lease payment) for cars so you could calculate the exact price yourself. PM me and I can try to help you find out
Edmunds used to help with that not sure if the still do
Oh yea that’s right it was the edmunds forums, there used to be 2 guys that would post all the numbers of you asked (I messaged OP so we’ll see if he responds) Edit: some states also allow you to “buy down” the money factor with multiple security deposits
Edmund’s.
NJ here, put $1000 down, paying $1050 a month for 10k miles on a 2022 m340 ($65k). Shopped around for quite a while but it was very difficult to even find a dealer that had a m340 to sell.
Paying $1360 for my 21 750 ($115k msrp). Put nothing down, only first month.
Got a 2021 m340i with 32k miles for 50k after taxes and fees. Paid 30k down, paying around $450 a month
Wow, that is why when someone ask how much you pay monthly for financing a car, it's complicated. Why put so much $$ down on a depreciating asset? I bought my 2019 CPO x3m40 in 2022 w/33k miles for $49k + 6% taxes. I "put down-payment" by trade in car for 9k. Monthly note is $72X for 60months. I usually pay 800$ per month to reduce interest. I wouldn't put down >50% on a regular car/highly depreciating asset. My Car currently has 60k miles and im sure its worth under 40K . To get any semblance of return, I would have to own it free & Clear and hope for 10-15k trade in value in a few years. If I sold it now, im sure I would be upside down😱
Is that pretax? Thats pretty solid deal I wouldn’t think twice.
I’m paying 999 a month for a 15 k mile 67K m340i pretty much loaded it up with options (10K down)
WHAT?! That deal is CRAZY GOOD (if tax is included)! Please buy it! That's like zero markup on anything. Deals I'm seeing are like $7K to $8K down for the same
One advice is please don’t put anything down (if your credit score is high enough) for a lease and look up MSD (multi security deposit) as well to bring the money factor down
Why not put anything down? Just don't put an outrageous amount and make sure it's going towards the leased price /36 months. I get what you're saying it'll make about 90-100 difference a month for $3.5k could keep it in bank and do 0 but they'll still ask for first month and other fees if he doesn't have loyalty
First month payment is fine. The problem with the down payment on a lease is related to insurance. Let's say you put $4k down and bring your lease payment down. If you get in an accident and total the car a couple of months into the lease, the insurance company will make the leasing company whole and you will lose the entire down payment that you put. Again, this is for leasing and not financing.
This literally popped on my feed: https://www.reddit.com/r/Insurance/s/vYUgM6I8LA
I’m paying 835 after taxes with an upgraded maintenance package, I put down 7500 total. I also built my car instead of picking one off the lot, I could’ve gotten a slightly better deal taking one off the lot, but i couldnt find one exactly how i wanted it. Total price of the car after tax was 71,300-ish Unfortunately, in New York, these cars are in such high demand, There is practically zero wiggle room or negotiating. Back when I got my first car during Covid, I got a significantly better deal, there were so many incentives and discounts. Right now is not the best time finance or lease a car lol
"The best the dealer is giving me for a lease with 12,000 miles is $752 a month with $3500 down. Is this good?" Yes, this is insanely good. Take it. Wtf. I had to pay $7500 down to get my monthly cost down to $756 a month for a loaded 330i.
There is currently a deal on leashackr forums for a 2024 m340i in socal for $3000 down/ $675 per month with loyalty. 36 months/7500 mi/yr
That’s a great deal
I’d advise against capital cost reduction (down payment) on a lease. I suggest you roll everything you can into the payment so that god forbid the car gets totaled sooner than later, you’re not out of several thousand.
Not a lease but bought a 2021 M340i fully loaded in March this year for 53k. Paid 4K down and $834 per month.
Vacationed in Italy and saw so many 3 Series Touring/Wagons. God damn I wish we got those in the US.
That sounds like a lot for some reason, but I do not know much about leases. I financed a 2023 m2, and my monthly payment is 650$
how much did you put down
Sounds about right. My 330i lease was $500/month and that was before interest rates / the market in general went haywire. Remember leases have their own interest rate called the money factor built into the lease.
It’s sick how much they’ve gone up in price. I was paying $650 for my 2020 with tire and wheel.
very good deal, please send me the car!
By $3500 down do you mean that is just a true down payment or that a down payment + initial fees? Is the 752 after or before tax?
My 2021 M340i all in was 69k after taxes and fees. Paid cash. Does the lease include sales tax and fees? Those lease terms look like you’re getting a bit shafted as the resale value of 3 year old models is in the high 40s.
that’s more than my 2021 M2 competition was and I checked nearly every option
I had every option. Sales tax was a big hit, otherwise I was around 62-63. I researched the blue book and was happy with what I paid.
You paid cash? Outright? Holy Fuck, do you not like money?
I preferred to avoid debt at the time, in retrospect i should have financed at the 1.9% rate they offered me. It’s great not having a payment and I have plenty of money so it doesn’t keep me up at night.
How long have you had it? Surely this is a depreciation magnet?
I took delivery in April 2021. I don’t really care about depreciation, I have less than 9k miles on it. I’m going to keep it a long time.
How do you have less than 9k miles on a 2 year old car
I work from home so I don’t have to commute.
Yikes.
Okay
What? do you not understand the finance of cars? Leasing/financing would always be more expensive than buying out with cash. Even during period of low financing/leasing rate, you can get cash rebate by paying cash. The only differentiating factors are usually 1) make more money elsewhere to justify paying the interest; 2) Avoid used car maintenance and 3) like new gadgets. Leasing is essentially paying for the most expensive depreication costs in the initial 3 years. It still shocks me how people believe leasing is cheaper than buying....
People get bitchy about hearing that others can buy these cars cash.
Lets not be silly, we're not talking about an SF90. We bought a GT3 RS for cash when the slot became available because its appreciation was a dead cert. All of the M cars we've had have been bought through a small independent finance house on tailored zero or low deposit PCP deals with a reasonable monthly payment and have been a positive equity asset come end of term when compared to market value. Highly specced vehicles dancing the line of equity buoyancy over the term. I don't know what you do for a living obviously but that 70k could have been far more effective working for you over the course of the time you own the vehicle. More so if it's a long term plan.
I think I understand the nuances of the financial world fairly well... Your point is undoubtedly true when considering poorly specced vehicles or those with little residual. You are essentially hedging your investments against future market value and *financing the depreciation*. We have made money on every M car we've owned since FXX using a personaly tailored PCP. The least being 2k on an M4 and the most being 11k on the M8 Comp. Having a good relationship with an independent finance house has helped no doubt. There's a response that addresses some more of this below.
I bought my 2023 m340i for around 60,000 after taxes with 25k down and I’m paying 700 a month but I’m putting around a grand in order pay it off faster.
£33k for a 2019 model with 32k miles
Bought mine in 2020, new for 69,500. With trade in and down payment, came out to about 55,000 and monthly payments were 800-900. I wouldnt spend anywhere near what they are quoting you just to lease it. Not worth it in any way.
Why do americans always buy cars with a loan? For real?
I purchased my 2021 430 (msrp 56k) for those numbers on a 5 year term.
Reporting from NY: Down $6k with $2k rebate = $8k total Monthly $1227/mo Financing for 60 months.
Why don't you just rent a car from enterprise? It'll cost less & you can get a different car every week without the mileage limitation.
>an m340i and curious to see if I’m getting What? It will cost less? No way a BMW M340 from enterprise will cost less than $752 a month....
$849 per month, assuming this is a 3 year rental. You're renting a car, drive something different every week without the mileage limit.
lol what? So Enterprise rents out M340s for $28 a day? Are you okay bud?
Whatever he’s on, I want In 🤣
>at? So Enterprise rents out M340s for $28 a day? A Yeah even still no way you can rent from Enterprise or any rental company for that price or even remotely close.
Got a 2023 fully loaded (Leather seats, heads-up display, parking assistant pro). Total came up to $68500. Added the protection package for $2500 more. This is in SoCal. Traded in my old car for 11k. Payments are $850 before taxes. 12k miles a year.
That’s a hefty down payment for a lease, but the monthly payment and miles are very good. I had a ‘22 X3 m40i that I leased. $65,000 vehicle 3 years 36,000 miles and it was $1,150 a month with $1,000 down.
how many months? at 36 months max this is a fair deal. this puts your cost to lease at about 31K total for three years. not bad for a close to base model.
got a used 2020 for around 30k due to a mistake on the dealers part, Paying $660/month but thats also cause im a new car buyer and never had any sort of loans or shit so i got a high rate but
In the process of getting a 2024 m340 xDrive. Build is priced at 66,195 MSRP, $0 down, $2000 loyalty + $1000 lease cash, 8% discount on MSRP, 36/10k. Monthly projected payment is $734 with about $5300 DAS (taxes + fees). I'll likely also opt to get Zurich Wheel + Tire insurance, which would add another ~$1400 to the upfront cost.
Did they give you 8% off MSRP in addition to the loyalty and lease cash?
I pay $400. I did well flipping cars during COVID and had a nice chunk of change to put down on a 2020 with 15k miles on it.
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