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Prices Paid: Buying & Leasing Experiences BMW Z4 Prices Paid and Buying Experience
495 messages, Last post on Dec 11, 2008 at 2:32 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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 |
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Replying to: delfer (May 12, 2007 8:22 am) 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 Regards, Patrick |
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Replying to: kyfdx (Jun 22, 2007 9:22 am) |
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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 leather Black soft top 6-speed manual transmission Premium package Sport package Heated seats Xenon headlights
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Replying to: j2sin (Jul 08, 2007 9:41 am) 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 $600 security $825 acq.fee $ 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. Regards, kyfdx |
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| 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? | |
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This looks like a good deal. What do you think? 2006 Z4 3.0si Black sapphire metallic Dream red interior 3300 miles Premium package Sport package M Sport seats Heated seats Hard top prep Xenons Certified 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. |
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I am taking delivery of my car this week. Please comment if you think I got a good deal on it. 2007 BMW Z4 3.0si (brand new) Titanium Silver Black Interior Premium Package Sport Package Xenon Headlights Heated Seats The MSRP on the car is $48,800. The dealer invoice is $45,380. There is a current $6,500 factory to dealer incentive on these cars, so, my final sales price is $40,980, plus I got him to throw in the windscreen (retail value of $215). Did I do OK? |
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Let me also add that we had to freight the car in from another state, so that added $400 to the invoice. He itemized it as this: $48,880 - MSRP $45,380 - Invoice $-6,500 - Factory Money $38,880 - Net invoice $ 400 - Freight from out of state $ 250 - Floor Mats, PDI $ 215 - Windscreen $39,665 - Actual Dealer Cost $ 1,315 - Dealer Profit $40,980 - Sale Price I suppose I could argue the price of the windscreen is quoted as retail and NOT wholesale, and that $400 seems excessive for a 5 hour drive (then again BMW's are freighted differently than most cars). Perhaps I am having a panic attack as I am buying the car in two days, but... any thoughts? Think I should have gotten the car for lower? I did sign a contract for the car, he never countersigned it, however. At this point, would it be crazy to try and re-negotiate or tell him I am walking away entirely? WDYT? |
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