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Prices Paid: Buying & Leasing Experiences BMW Z4 Prices Paid and Buying Experience
496 messages, Last post on Dec 05, 2009 at 5:39 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: vsaxena (Sep 10, 2004 11:51 pm) It is obviously too early yet to know if we'll keep the car 3 years from now. It will depend on what other new roadsters and deals are out there at the time. My wife does love the Z4. It is a fun car to drive ... I only get to drive it when the boss lets me! Everytime I do drive it, I'm riding around with a huge smile on my face. It's definitely going to be hard to stay within the alloted miles with this car. |
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In three years: 1) You decide you want to buy your car.. Residual is $25K. Payments $500/mo for 60 months for a 3-year old car. Only one more year of warranty left. 2) It is August of '07.. The all new Z5 (not a real car) is just not moving.. they have big incentives.. You can lease a brand new one for under $500/mo. with nothing down... I think you'll choose #2.. and be happy for the last three years, and looking forward to the next three. regards, kyfdx My guess is
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Replying to: kyfdx (Sep 11, 2004 10:07 am) You're right, once you go leasing you don't go back. We'll probably just turn the car in and lease again. With so much competition going on in the auto industry, and all kinds of innovations going into cars all the time, it's more appropriate to lease. In addition, when you lease, you don't have to deal with having to find a buyer eventually for an old car. I suppose most people now-a-days only get the trade-in-value when they get rid of their cars. You also don't have to deal with the cost and aggravation of repairs. You do need a second car in the household, one with front wheel drive, for those that live in the Northeast and have to deal with winter snow. |
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| My dealer would only come $6500 off the MSRP for th Z4 3.0, not the invoice. I walked away. Best time to buy and deal is when you don't need a car. Has anyone gottn the incentives off invoice?? | |
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Replying to: wh9 (Sep 15, 2004 12:12 pm) I have a hard time believing he wouldn't jump at $2500 less than that.. or even $3500 less.. Business must be good.
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| I've heard good things about Nalley.. in Decatur, I think.... | |
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Replying to: wh9 (Sep 15, 2004 12:12 pm) Last month, I leased a 3 lilter 2004 Z4. In August they had a $4500 incentive instead of the $6500 this month. I got a price of (Invoice - 4500 + 1000). In other words, $1000 profit for the dealer. Most people are being sucessfull with just $500 for the dealer. You should definitely be able to get (Invoice - 6500 + 500). Someone told me last month that some BMW dealers are getting other nonpublished incentives from the manufacturer to unload the 2004 Z4 in their lots. So you may be able to get the car for (Invoice - $6500) |
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Replying to: lee_w (Aug 10, 2004 2:52 am) I don't know how that compares to everyone else but I'm interested to find out. |
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BMWFS 2005 Lease Programs – Effective 9/16/2004 Add 2% to Residual Value for 12k mi/yr and 3% for 10k mi/yr on all terms They have increased the residuals but increased the money factor. With the incentives you can now lease a 3.0 with an MSRP of $48K+ for $475/month + tax assuming the dealer makes a $500 profit. Z4 2.5i 24 mo/15k mi – 62% Residual Value – Money Factor .00240 Base Rate 36 mo/15k mi – 55% Residual Value – Money Factor .00240 Base Rate 48 mo/15k mi – 44% Residual Value – Money Factor .00255 Base Rate 60 mo/15k mi – 37% Residual Value – Money Factor .00255 Base Rate Z4 3.0i 24 mo/15k mi – 62% Residual Value – Money Factor .00240 Base Rate 36 mo/15k mi – 55% Residual Value – Money Factor .00240 Base Rate 48 mo/15k mi – 43% Residual Value – Money Factor .00255 Base Rate 60 mo/15k mi – 36% Residual Value – Money Factor .00255 Base Rate
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Replying to: wh9 (Sep 15, 2004 12:12 pm) The salesman was only reducing the price off MSRP not invoice. He got pretty perturbed at me when I asked for the $6500 of invoice and then add back in $1000 for their profit. Oh well! Their loss. I'll go look elsewhere. |
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