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
#496 of 511 2009 Z4 sDr35i
Dec 05, 2009 (5:39 pm)
Ok here is what the Dealer is offering.
09 BMW Z4 sDr35i 3.0 Roadster, premium package, exclusive ivory white extended leather, 18" wheels with run flat, 7 speed double clutch auto transmission, deep sea blue metallic paint. 1100 miles, new.
sell price $52,552.00
net cap cost $50,474.62
Money factor .00135
Total OTD payment $2000.00
Monthly payment $515.93
Term 29 months
Can I get an opinion on this as soon as possible??? We have the car to use for Sunday but need to make a decision on Monday.
#497 of 511 Just purchased 2004!!!
Dec 30, 2009 (2:29 pm)
Finally found the deal I was looking for (searched for a couple months).
2004 3.0 manual
Sport and Premium package.
BMW cover and a few extras.
Flew from Portland to Idaho and drove the Z all the way home!
Problem: after second CD, the player (dash) will not eject the CD. Radio and CD still work, but will not eject CD. Any ideas?
#498 of 511 2009 Z4s35i price - opinions please!
Mar 12, 2010 (5:20 am)
I have a quote on a leftover Z4s35i that amounts to $4000 UNDER invoice (invoice + $1k, minus the $5k past incentive) for a punched car with inservice date of 3/1/10. For $2500 more I could get a 2010 of course ($5000 incentive on 2009 vs $2500 on 2010) or I could go European delivery on 2011 and end up, after expenses, probably about the same price as a locally-delivered 2010. (I'm thinking in the abstract, obvious optioning affects things, and the 2009 has almost $3k in options I wouldn't order, but are nice to have.
If it were properly priced I'd seriously consider the '09 but it seems to me that it should really be further reduced because of the depreciation it must have, being two model years behind. What is a REASONABLE amount to deduct from the equation for depreciation?
Or, if you want specifics, MSRP is $61,345 and the car has Cold weather pkg, premium, sport, auto tranny, satellite radio, and IPOD.
#499 of 511 Re: 2009 Z4s35i price - opinions please! [erdoran]
by kyfdx@Edmunds HOST
Mar 12, 2010 (9:43 am)
You can use depreciation to figure what a car is worth to you... but, the dealer has a cost structure.... You already know what that is... So, unless you know of another source for almost brand-new '09 Z4s, then you'll have to pay their price...
Given the parameters you've listed, I'd say a '10 model without the $3K in options that you don't need, would be the better buy.. Over $50K for an '09 seems like a lot.. (but, I'm cheap.. lol)
Apr 11, 2010 (6:47 am)
I am considering purchasing a new 2009 Z4 35i. Car is completely loaded and sticker $64,900. Dealer is offering $52,000 with 4.75% purchase, but no lease option. Sounds like a great deal to me, but after reading all the incentives offered on the 09's, not sure this is the best I can do. Any advice?
#501 of 511 My 2009 deal
Apr 11, 2010 (8:01 am)
I just bought a 2009 Z4 30i completely loaded for $39,995, MSRP $57,695 in CT. Lease was available but very unattractive. I had to finance thru bmwfs to avoid disposition fee, 6.99%/24 mo but I financed the min and will pay it off as soon as they let me! Figure there is a 7% markup on these cars and calculate invoice, then add in a $5k incentive from early 2010. Chances are the car was "punched" which means the clock is running on the warranty & free maintenance. Specifically ask about the punch date!
Mine was about a deal of a lifetime! I would have grabbed yours if I had known about it, but would have offered about $45k or so (pulling a number out of a hat).
#502 of 511 Purchasing my leased 2007 3.0si roadster
Apr 25, 2010 (10:18 pm)
Hello all. Need some guidance. I'm about a month away from the end of my 36-month, 12K mile per year lease. I've kept the car in great condition, and have put 39K miles on it so far. Haven't found anything for 2010/2011 that I'm in love with, plus, I'm having withdrawal symptoms from the thought of giving up "my" car, so I thought I'd buy it.
So, residual per my contract is $33K++
Edmunds has appraised my car, with all options and mileage as follows:
Trade in: $22,632
Private Party $25,227
Dealer Retail $27,526
Certified Used Vehicle $29,153
My dealer offered to sell me my leased car for $28,325, and he said that if I call BMW Financial services, they'll quote me the residual, and no lower.
Also, to upgrade my no-cost maintenance another 2 years (after 4-year original warranty) or 100K miles (whichev comes first) will cost another $2500
Question 1: What price of the Edmunds' quotes should I be negotiating toward? I thought that the "trade-in" price, was basically the wholesale value of the vehicle to the dealer, such that I should be negotiating closer to $22K, and not $28K
Question 2: Should extending my original warranty REALLY cost $2500? That's $1250 a year -- would I be spending THAT MUCH on maintenance/upkeep from year 4 onwards?
Any help on either question, or any insight on this post is much appreciated!
#503 of 511 Re: Purchasing my leased 2007 3.0si roadster [delfer]
Apr 26, 2010 (3:04 am)
Personally, if the dealer will CPO your car for that price I'd grab it. You could look at other similar cpos for the same year just for comparison, but factor in the mileage penalty you will have to pay. It doesn't hurt to try to get the price reduced further by quoting the cpo price of similar vehicles and autotrader.com prices as well as your edmunds.com valuation, but personally I don't think that's a terrible price (but I'm just a Z4 owner, not a pro)
As for the maintenance contract you are being ripped off. Dealer cost is $1395 and msrp is $1895. If you want to buy the car first work out the deal on the car itself and don't discuss the maintenance contract. AFTER that is finalized and in writing, then negotiate the maintenance contract. I think what they are doing is using extra markup on the maintenance contract to offset a decent deal on the car. Keep in mind that BMWFS charges the dealer a "loyalty adder" if the original lesee buys out his lease.
One caution is I'm not sure whether you can buy extended maintenance after you buy out the lease. Call BMWFS and ask them (I'm sure the dealer will say you can't) because it might be a "first owner only" deal-I'm not certain.
and remember you can do your lease buyout with ANY dealer, not just the one you leased through, so go see a couple more and see what you are offered. Good luck!
#504 of 511 Re: Purchasing my leased 2007 3.0si roadster [erdoran]
Apr 26, 2010 (12:35 pm)
So my plan is to buy my car out first, and keep it for the next year. BMWFS was the one who sent me an email allowing me to extend my original maintenance plan.
I believe you said that if the dealer is willing to sell me my car (CPO included), at $28,325, it's a good price. Unfortunately, the $28,325 was just to buy out the car, I'd need to pay extra for the maintenance upgrade or to CPO.
Now, you're saying I can buy my leased car from another dealer? I didn't know that -- literally, I thought since I am leasing my car from Pacific BMW/BMWFS, they are the only ones who can give me a final offer on the buy-out price.
That said, I hope someone out there can help with Question #1.
Question 1: What price of the Edmunds' quotes should I be negotiating toward? I
thought that the "trade-in" price, was basically the wholesale value of the vehicle
to the dealer, such that I should be negotiating closer to $22K, and not $28K.
THANK YOU FOR YOUR REPLY!
Jan 25, 2011 (5:06 pm)
Found a 2005 with 33,000 miles on it. I understand there was a facelift in 06? Not sure what the how significant that upgrade was. But the dealer has come down to 15,500 on the car. I'm feeling more room, that he'll move to 14, 900. It's a stick. Wasn't sure if I wanted a stick in this model till I drove it. I actually like it. I drove a new mazda mx 5 and it was a PITA with the six speed.
This one is sand color and a similar colored top. Not exactly the color I wanted. Has new run flats, brakes and a battery. It's got a power top and runs well. Any input on this at this price? Looks like I'm at about the private party price for it. I'd say it's between good and excellent condition. Should I go for it or is the 06 so much better to wait on? There is no warranty with this one. i kinda wanted to find an 06 CPO in the 16 or 17 range.
2 owners on this one. Seems like a lot of owner for such low miles and needing a battery, brakes and tires so soon? I've read about the tires being short lived, but....