Something I noticed - many M4s on SwapALease.com

[dojokoto]

Just an observation. I was casually strolling thru swapalease, and I found that, within most ranges, every other car and some in succession there lies a M4 for a takeover/buyout/etc. Is this just coincidence or is there a trend going on with M4s?

[04RC51]

Originally Posted by dojokoto

Just an observation, I was casually strolling thru swapalease, and I found that within most ranges, that every other car and some in succession there lies a m4 for a takeover/buyout/etc. Is this just coincidence or is there a trend going on with m4s?

Well, I don't think it's a coincidence that the ZCP's are being delivered and everyone wants to ditch their current rentals and get a ZCP car. As to why there aren't more M3's vs M4's, I can't answer that one other than to say they made quite a bit more M4's to my knowledge. Or maybe the M3 crowd was more apt to buy vs rent?

But I would imagine quite a few people are hoping to get out from under their current rental and get into the latest and greatest ZCP model. Just my $0.02.


Edit: I see 43 M4's and 24 M3's. Doesn't seem too crazy.

[mercedesc63]

Originally Posted by dojokoto

Just an observation. I was casually strolling thru swapalease, and I found that, within most ranges, every other car and some in succession there lies a M4 for a takeover/buyout/etc. Is this just coincidence or is there a trend going on with M4s?

Here's the thing about swapalease....

There's all these cars in the 900 range and and they have all been there for close to a year.

There's some under 850 but they only exist on the east coast. Also lots end up having accidents on them.

The e92 was much more readily available for 800 and under.

[M.a.r.k.u.s]

Originally Posted by mercedesc63

Here's the thing about swapalease....

There's all these cars in the 900 range and and they have all been there for close to a year.

There's some under 850 but they only exist on the east coast. Also lots end up having accidents on them.

The e92 was much more readily available for 800 and under.

They also keep cars on there forever to make it seem like there are more available. I've contacted two people on there in the past, the site said both cars were available but both people told me that they had sold them a while back

[Devilzmantis]

Originally Posted by 04RC51

Well, I don't think it's a coincidence that the ZCP's are being delivered and everyone wants to ditch their current rentals and get a ZCP car. As to why there aren't more M3's vs M4's, I can't answer that one other than to say they made quite a bit more M4's to my knowledge. Or maybe the M3 crowd was more apt to buy vs rent?

But I would imagine quite a few people are hoping to get out from under their current rental and get into the latest and greatest ZCP model. Just my $0.02.


Edit: I see 43 M4's and 24 M3's. Doesn't seem too crazy.

Yup that's me

[afadeev]

Originally Posted by 04RC51

But I would imagine quite a few people are hoping to get out from under their current rental and get into the latest and greatest ZCP model. Just my $0.02.

People who are liquid enough to take new car depreciation hit every year when a new feature rolls out would not be in the market for pedestrian F8x car to begin with.

Thus, the likelihood of increased turnover because of a new model year or a new feature (on and LCI, etc) is not high. Some people are prompted to go shopping again after something like ZCP comes out, and might shop their lease in case someone snags it, but it doesn't mean that many of those $900+/month deals get consummated.

a

[dojokoto]

Originally Posted by afadeev

People who are liquid enough to take new car depreciation hit every year when a new feature rolls out would not be in the market for pedestrian F8x car to begin with.

Thus, the likelihood of increased turnover because of a new model year or a new feature (on and LCI, etc) is not high. Some people are prompted to go shopping again after something like ZCP comes out, and might shop their lease in case someone snags it, but it doesn't mean that many of those $900+/month deals get consummated.

a

"pedestrian F8x car to begin with" what do you mean?

[afadeev]

Originally Posted by dojokoto

"pedestrian F8x car to begin with" what do you mean?

"pedestrian" as in not exotic or exclusive enough.

If you are comfortable throwing away $15-25K every year on new F8x depreciation, you should be in the market for F12, or a Vanquish, or an Aventador.

You know, something that screams: speed, style, and look at me: I have got money to burn!


a

[dkhm3]

couple of reasons to me:

1. lots of other cars to choose from now. more choices means more people choosing to change up their cars.

2. there are much much more M3/M4 cars out there than other models in the same category. you will see less C63's for instance because there are simply not that many C63's sold.

[MarcWinNJ]

Originally Posted by dkhm3

couple of reasons to me:

1. lots of other cars to choose from now. more choices means more people choosing to change up their cars.

2. there are much much more M3/M4 cars out there than other models in the same category. you will see less C63's for instance because there are simply not that many C63's sold.

I'll let you guys know how this works out for me. I plan to take over a lease in the next 1-3 months and my current 335 leases is up. The interesting thing to me is that after visiting the dealer yesterday I don't know why anyone would buy new. Example. I have been watching the inventory at a dealer near me and after being in and out of there trying to get a pull done. I just hit three months. I told them if they want to sell the car before then end of the month I'd make a deal at invoice. I left with a $1,000 over invoice and .0155 money factor. I wanted the current rate of .0135. Residual at 10,000 ,miles (all I need) was 60%. $2,500 in incentives and they would take my 335. Payment $901. The kicker on this is in NJ it is tax up front so when it was all said and done with dealer fees etc it is $5,500 out of pocket. Fast forward. I can pick up an M4 on Swapalease in the $950-$1,000 range. If it is a car that has a sales tax reciprocation with NJ I will pay zero tax. yes that is correct. States like NY where they collect tax up front reciprocate with NJ and because it is a lease transfer not a sale, no tax. So a the end of the day the $5,500 just became $500 and I can get a car with about 24 months left. Unless I am completely missing something this is a no brainer to me. In fact I can take that $5,500 and put an exhaust on it

[dojokoto]

Originally Posted by afadeev

"pedestrian" as in not exotic or exclusive enough.

If you are comfortable throwing away $15-25K every year on new F8x depreciation, you should be in the market for F12, or a Vanquish, or an Aventador.

You know, something that screams: speed, style, and look at me: I have got money to burn!


a

Ohhhh haha yes!

[SD ///M4]

Originally Posted by MarcWinNJ

The interesting thing to me is that after visiting the dealer yesterday I don't know why anyone would buy new.

1. European Delivery
2. Your car with your choice of color, interior, and options, not someone else's with options that you don't want or options that you wish you had
3. You know the history of your car, you have no idea what someone else has done with theirs

If all you want is a good price and you can settle for what's available two years later, then buy used. I actually did that with my car, but it's exactly the way I would have ordered it new. Also, they don't make them like that anymore.

[afadeev]

Originally Posted by SD ///M4

1. European Delivery
2. Your car with your choice of color, interior, and options, not someone else's with options that you don't want or options that you wish you had
3. You know the history of your car, you have no idea what someone else has done with theirs

If all you want is a good price and you can settle for what's available two years later, then buy used. I actually did that with my car, but it's exactly the way I would have ordered it new. Also, they don't make them like that anymore.

4. You get to be the first guy to fart in *your* car.
5. You get it when it first becomes available.

If you are in the market for a new car, and F8x just came out, then you either settle for some other ride until F8x hit used car market 2-3 years down the road, or put the money down on a new car.

If you are in the market when 2-3 year old used F8x cars are plentiful, and #4 is not a consideration for you, then why not, try finding a used one that satisfies #2.

a

[absoluteis350]

Originally Posted by afadeev

4. You get to be the first guy to fart in *your* car.
5. You get it when it first becomes available.

If you are in the market for a new car, and F8x just came out, then you either settle for some other ride until F8x hit used car market 2-3 years down the road, or put the money down on a new car.

If you are in the market when 2-3 year old used F8x cars are plentiful, and #4 is not a consideration for you, then why not, try finding a used one that satisfies #2.

a

#6 - Doing your own BMW Individual build.

[MarcWinNJ]

Originally Posted by MarcWinNJ

I'll let you guys know how this works out for me. I plan to take over a lease in the next 1-3 months and my current 335 leases is up. The interesting thing to me is that after visiting the dealer yesterday I don't know why anyone would buy new. Example. I have been watching the inventory at a dealer near me and after being in and out of there trying to get a pull done. I just hit three months. I told them if they want to sell the car before then end of the month/quarter, I'd make a deal at invoice. I left with a $1,000 over invoice and .0155 money factor. I wanted the current rate of .0135. Residual at 10,000 ,miles (all I need) was 60%. $2,500 in incentives and they would take my 335. Payment $901. The kicker on this is in NJ it is tax up front so when it was all said and done with dealer fees etc it is $5,500 out of pocket. Fast forward. I can pick up an M4 on Swapalease in the $950-$1,000 range. If it is a car that has a sales tax reciprocation with NJ I will pay zero tax. yes that is correct. States like NY where they collect tax up front reciprocate with NJ and because it is a lease transfer not a sale, no tax. So a the end of the day the $5,500 just became $500 and I can get a car with about 24 months left. Unless I am completely missing something this is a no brainer to me. In fact I can take that $5,500 and put an exhaust on it

Ok, while I was going to pull the the trigger on the Swapalease car I ended up going new. I walked into the dealer and said to the sales manager that if he wanted to sell the Mineral Gray / Shakir Orange fully loaded M4 that has been on his lot for a couple of months lets make a deal. That was a 3 month pull ahead and at invoice price plus incentives. $82K car for $77K less the $2,500 in BMWNA incentives. 10k lease, $859 a month. I think the challenge that many of the early M4 purchasers have is that they paid MSRP or above and the payments are high.