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You are in the Prices Paid - Buying & Leasing Experiences
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BMW Z4, Coupe, Convertible
#328 of 511 2004 Z4 2.5 Pricing Help
Aug 24, 2005 (6:03 am)
I am looking at purchasing from a dealer a CPO 2004 Z4 2.5 w/ auto, Premium, Sport, Convenience and metalic. It has approximately 18,000 miles. They are asking $37K which is high but I am trying to determine what is a reasonable offer to make the dealer. A new 2004 w/ these options had an MSRP of $42,670 and invoice of $39,100. Since BMW was offering incentives in 2004 for as high as $5,000 on the 2.5 I am assuming that someone could have bought it for about $35,100 (- $5,000 + $1,000 from invoice). The TMV for dealer retail is about $35,032 and for CPO is $37,838. These prices seem way out of line. Knowing that I could have purchased for $35,100 how should I factor in depreciation and CPO?
#329 of 511 Re: 2004 Z4 2.5 Pricing Help [cholla]
by kyfdx HOST
Aug 24, 2005 (7:00 am)
Not an expert....
But, I think somewhere around $32K would be the right price...
#331 of 511 Re: Ordering...question [delawarez]
Aug 24, 2005 (8:14 am)
If the incentive goes away then your discount based on the incentive will go away - that is fair. But you do have a choice of walking away in my opinion since this is not your fault and the deposit should be refunded.
If the incentive is increased then roll up your negotiating sleeves because should you walk away from the deal (same reason as above) then they get stuck with a custom configured car that may be difficult to offload. If they give you the entire increase in incentive then they still make exactly same amount of money as they did before.
When I custom ordered my Z4 I had that discussion with the dealer and he did agree with the above points - at least verbally . That is why he wanted me to order on the beginning of the month to ensure delivery during the same month - incentives are revisited by BMW on a monthly basis.
BTW, that beige lather with wood trim is soooooooo nice!
#332 of 511 Re: Just found this.. [kyfdx]
Aug 25, 2005 (8:17 pm)
Thanks, that verifies some of my thoughts on what to offer.
#333 of 511 How much to pay for shipping from another dealer
Aug 30, 2005 (10:16 am)
My local dealer said he can get the z4 I want from another dealer, but it will cost about $300 for the shipping. Does this sound right? Thanks.
#334 of 511 Re: How much to pay for shipping from another dealer [flycaster]
by kyfdx HOST
Aug 30, 2005 (10:21 am)
That is reasonable, if it is over an hour away.... Are they driving it, or flatbedding it?
#335 of 511 Re: How much to pay for shipping from another dealer [kyfdx]
Aug 30, 2005 (11:07 am)
#336 of 511 Re: How much to pay for shipping from another dealer [flycaster]
by kyfdx HOST
Aug 30, 2005 (11:09 am)
Sounds reasonable... truck and driver... they don't work for free....
#337 of 511 Z4 as daily driver in NE
Aug 30, 2005 (4:57 pm)
How does the Z4 work in a bit of snow and slush with all seasons? I test drove a 3.0 today but it was an auto and it lacked the "thrill" of the S2000 I just drove. True the S2000 was a bit loud with the top up and very stiff and race car like. The Z drove very similarly to my old 330i. I was looking for a bit more edge so maybe the stick will do the trick. Is it a short throw? The Honda was a slight flick of the wrist which I really liked. But the refinment of the Z4 was clear.