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?

  • iwrk4satan@alien.topB
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    11 months ago

    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.

  • Fryingpans@alien.topB
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    11 months ago

    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

  • justinu909@alien.topB
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    11 months ago

    It’s sick how much they’ve gone up in price. I was paying $650 for my 2020 with tire and wheel.

  • Syko_okyS@alien.topB
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    11 months ago

    I pay $840 a month for my CPO 21’ that I got with 14k miles for 54k out the door in SoCal. That’s with a shorter term loan so it could be lower but my work vehicle allowance covers the whole thing. That was with 10k down.

  • Spartancarver@alien.topB
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    11 months ago

    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.

  • Seanw1010@alien.topB
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    11 months ago

    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$

  • Reall17@alien.topB
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    11 months ago

    2024 m340i xdrive fully loaded, $1250/month finance with 5k down, 5.99% rate, MSRP on the car is 69k

  • triple-verbosity@alien.topB
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    11 months ago

    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.

  • stocksy@alien.topB
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    11 months ago

    I realise I’m probably an out of touch boomer or something, but fucking hell. Paying that sort of money to borrow someone else’s car is absolute swivel-eyed lunacy to me.

  • wasdie639@alien.topB
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    11 months ago

    $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.

  • siamzzz@alien.topB
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    11 months ago

    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.

  • Diderot1937@alien.topB
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    11 months ago

    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.

  • harshal94@alien.topB
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    11 months ago

    Got a 2021 m340i with 32k miles for 50k after taxes and fees. Paid 30k down, paying around $450 a month

    • gt854t5@alien.topB
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      11 months 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😱