I’m trying to lease an m340i and curious to see if I’m getting a good deal or might. The one I am looking at is a 2024 m340i with an MSRP of $64,000.

The best the dealer is giving me for a lease with 12,000 miles is $752 a month with $3500 down. Is this good? How much are you guys paying?

  • gt854t5@alien.topB
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    1 year ago

    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😱