Last post on Aug 10, 2011 at 2:16 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW Z4, Coupe, Convertible
#472 of 511 Re: Run Flats [blacktalon]
May 28, 2007 (8:49 am)
My name is Joe. I'm considering a Z-4. When you bought your michelin Pilot Sports for your vehicle, did you purchase a compact spare with the rim and a jack. I tried communicating with several BMW dealerships in my area and BMW USA. They stated if I put regular tires on the Z-4, I could damage the suspension and also possibly void the warranty. I think they are just blowing smoke. If you did purchase a spare what size rim,tire and type of jack.
If you care to reply my E-mail jlettiecomcast.net. thanks.
#473 of 511 Help with Z-4 lease
Jun 21, 2007 (11:50 pm)
I have been looking for a convertible. I have a price on a Z-4 lease, but it does not look very good when I compare to other prices on this forum. Could you help?
Selling Price $42,825
Acquisition fee $625
Total upfront fees: $418.95
LEV %: 66%
Term: 36 mos.
Money factor: .0018
Due at Start: $990.12
Monthly payment: $558.60
Should I wait longer? When do 2008's come out? I was told that this deal was only good through July 2.
Thanks again for the help.
#474 of 511 Re: Help with Z-4 lease [mghcar]
by kyfdx@Edmunds HOST
Jun 22, 2007 (9:22 am)
Using your figures, I get $523/mo. + tax.. Which seems about right, assuming your tax rate is around 6.5%-7%.
1) The price is not the great.. From what I've read, another $500-$1000 off shouldn't be too hard to get.
2) The money factor is marked up the maximum .0004 and since you aren't making a security deposit, you are getting another bump of .00015.. This takes the money factor from .00125 to .0018
Just dropping the mark-up on the money factor will knock $30/mo. off the payment. Making a security deposit will save another $12/mo. off.. If you do those two things, your payment is down to $517/mo..
That would be a decent deal... a little more off the selling price, and we're under $510/mo.. That is where I would want to be..
#475 of 511 2007 Z4 Coupe Leasing Question
Jun 22, 2007 (4:01 pm)
Hi car_man & kyfdx ,
I am currently trying to lease a 2007 Z4 coupe with the following features:
premium package, sport package, automatic, and heated seat
The invoice price for that would be $42,845 while the MSRP price would be $46,500.
My quesion is when I'm going to bargain with the dealer (I'm located in San Diego), what should I set my bottom line (price over invoice) to be according to your extensive experience? Is $500-$1000 over invoice would be possible on leasing a Z4?
Also, there's a speical lease offer going on for the Z4 Roadster now and the montly payment turns out to be almost $100 cheaper than the Coupe even though the Roadster is $3000 more expensive.I know the residual value would make a difference; howoever is it gonna make that big difference (assume all the features are the same on both car)?
Thanks for your help and it is very appreciated
#476 of 511 Re: Car_Man and kyfdx -- Help with this 3.0si convertible quote, please. [delfer]
Jun 22, 2007 (4:11 pm)
Hi delfer, may I ask you a valuable question?
Since you have mentioned about San Diego in your previous post, so it seems like you are also located in California.
I am wondering which dealer are you trying to lease the Z4 convertible from because it looks like you got an awesome deal from them ($500 over invoice)?
Your help would be very appreciated
#477 of 511 Re: Help with Z-4 lease [kyfdx]
Jun 23, 2007 (7:30 pm)
Thanks a lot for your help, kyfdx.
#478 of 511 Please Provide Your Input On Dealer Quote. Thank You
Jul 08, 2007 (9:41 am)
Good Morning All,
Could someone kindly review the following lease quote provided by California dealer. Please let me know if the following is a fair deal or if I should further negotiate. Thank you
36 Month /15K - Term of lease:
-Vehicle MSRP $48,800
-Selling Price $46,460
-Bank acquisition fee & dealer documentation fee $825 & $45
-Capitalized Cost (sum of purchase price and fees) $46,460
-Residual Value 63% of msrp
-Money Factor (money factor of .00115 was used because the security deposit was waived)
36 month lease
$2,470 drive off (includes $600 security deposit)
$513 plus tax = $556 month (15k miles/year)
2007 BMW Z4 3.0si Roadster
Titanium silver metallic
Black soft top
6-speed manual transmission
#479 of 511 Re: Please Provide Your Input On Dealer Quote. Thank You [j2sin]
by kyfdx@Edmunds HOST
Jul 08, 2007 (11:02 am)
1) .00115 MF because security deposit waived, but farther down the list, you state that the drive off amount includes a $600 deposit? Which is it?
2) If I assume you made a deposit, and the MF is .0010, then the payment comes out to $513/mo.+tax, just like you have it.
3) Due at signing:
$556 1st pymt
$ 45 Doc fee
$2026 Total.. The other $454? Title/registration?
The deal looks just okay.. They are marking up the acquisition fee by $200. Assuming they are using the base MF (and it looks like it), that is good. You definitely want to make a security deposit and get the base MF of .0010. I'd want a bigger discount on the selling price. Maybe enough to cover the acquisition fee?
I'd be happy with the monthly payment, if I could get the due-at-signing amount knocked down to about $1600, including the $600 security deposit.
#480 of 511 Factory to dealer incentives
Jul 18, 2007 (2:48 pm)
I can recall several years ago considering a Z4 (bought a G35 Coupe instead - mistake). At the time, BMW was offering a considerable factory to dealer incentive ($3-4K), but I can't recall the time of year. Any idea on when this can be expected? Is it a regular, yearly thing? Also, can a retail buyer expect to get the full amount of such an incentive off the price of the vehicle, or should I expect the dealer to want to keep some or all of it?
Jul 22, 2007 (12:44 pm)
This looks like a good deal. What do you think?
2006 Z4 3.0si
Black sapphire metallic
Dream red interior
M Sport seats
Hard top prep
Original warranty good to December 2010
Extend warranty good to December 2012 (what is this worth if one were to buy it separately?)
Dealer's price on the sticker is $39,795. The car was put into service in December of 2006, and the dealer picked it up at auction about 2 weeks ago. Thanks for the advice.