How much the monthly payments on a new BMW M3 Competition

Priapus

Executive Member
Joined
Jun 8, 2008
Messages
8,028
  • Car Price – R1,860,000
  • Payment Term – 60 terms (5 years)
  • Interest – 9%
  • Deposit – 10%
  • Balloon – No balloon payment
  • Extras – No optional extras
The result is a car finance payment of R34,843 per month.

The total amount of interest paid in this finance plan would be R411,265.
 

Foxhound5366

Executive Member
Joined
Oct 23, 2014
Messages
8,119
  • Car Price – R1,860,000
  • Payment Term – 60 terms (5 years)
  • Interest – 9%
  • Deposit – 10%
  • Balloon – No balloon payment
  • Extras – No optional extras
The result is a car finance payment of R34,843 per month.

The total amount of interest paid in this finance plan would be R411,265.
If you buy the M3 without the optional bucket seats, you deserve to have your sale revoked lol. So in reality, you're looking at a car payment of R40 000+/month ... who actually affords that?
 
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ProfA

Honorary Master
Joined
Jul 15, 2008
Messages
13,100
Not sure if BMW is like Mercedes, but if they are, they don't bring in any of their cars without any extras fitted. So the assumption that you can buy a stock M3 with no factory fit extras is false.
 

FiestaST

Honorary Master
Joined
Aug 9, 2009
Messages
88,546

Lol

Tons & tons here for your viewing pleasure:

 

|tera|

Master of Messengers
Joined
Mar 31, 2006
Messages
25,906
Lol

Tons & tons here for your viewing pleasure:

Thanks. I knew I saw it somewhere... ;):whistling:
 

ToxicBunny

Oi! Leave me out of this...
Joined
Apr 8, 2006
Messages
99,734
Not sure if BMW is like Mercedes, but if they are, they don't bring in any of their cars without any extras fitted. So the assumption that you can buy a stock M3 with no factory fit extras is false.
The m3 is more than likely a special order car so what you order is what you get.
 
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