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BMW Z4 Lease Questions

605 messages,  Last post on Nov 10, 2009 at 2:54 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW Z4, Car Leasing, Convertible


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#229 of 605
Z4 3.0si Lease by sloguy99
Jun 23, 2006 (11:42 pm)
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Very informative thread, I'm glad I stumbled across it. My question is that I've been exchanging emails with a dealer in Sacramento Ca on a Z4 3.0si The MSRP is 48,870, 36 months, 12K miles per year, 0 down (I expect something at drive off), for $550 month plus tax. Does this sound reasonable? Neither dealer in the area has the car I want (must be manual trans) which should reduce the cost a few bucks.
 
Thanks for any feedback.
 
Mac
#230 of 605
Re: Z4 3.0si Lease [sloguy99] by ardbroilach
Jun 24, 2006 (8:58 am)
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Replying to: sloguy99 (Jun 23, 2006 11:42 pm)

Hi,
My wife and I are looking at a 24 month lease on a Z4 3.0i in the LA area.
The gross cap cost is $40,114 which includes $679 for tire guard.
The adjusted cap cost is showing at $37999, the residual at $27899, the depreciation as $10099 and the rent charge3 as $2293.
Our down, including 1st month's payment, is $3200 and the monthly is $558.97 inc tax.
 
Having seen the ads in the media, this is more than we were hoping to pay but did not think it seemed too high.
 
Any advice as to whether the deal is good, bad or indifferent gratefully received.
#231 of 605
Re: Z4 3.0si Lease [ardbroilach] by sloguy99
Jun 24, 2006 (10:55 am)
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Replying to: ardbroilach (Jun 24, 2006 8:58 am)

Considering I'm getting quoted a car that is roughly 9k more MSRP than yours and no down for 550 plus tax, reading some of the other deals I dont know. Did you talk to sales or internet. I began dealing with the internet but the gal was out of town so I went to the dealer to get a brochure and the sales guy did a quick quote of $660 inc tax and $1200 drive off for the same car the internet gal quoted me on for $550 plus tax. I havent started hard core dealing yet, but reading the posts a deal of roughly $10 to $11 per thousand gross cap and no down is considered very good the lease gurus will know if that is correct. I tend to like to simplify things. She also quoted a 3.0i for $458 +tax 36 mth/12k yr, $461 +tax 24 mth/12k yr with Power Top and Sport option. No Down on either deal. I will check with the other dealer in the area to see what they can do today. Niether dealer has what I want (3.0si with manual trans) and Fremont is the closest dealer with the car so I dont have as much leverage with the locals. Hope you can work something out
 
 Does anyone have any comments on the Tiptronic trans???
 
Mac
#232 of 605
Lease payment adjustment for mileage? by tomclarke1
Jun 25, 2006 (6:52 pm)
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Interested in advertised Z4 lease/30month/329monthly/10,000miles a yr
Question is, if I need to lease for approx 15,000 miles a yr, how much should
my lease rate rise...is there a rule of thumb.....what is the math? thanx
Anything else to consider?
#233 of 605
Re: Lease payment adjustment for mileage? [tomclarke1] by kyfdx HOST
Jun 26, 2006 (2:55 am)
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Replying to: tomclarke1 (Jun 25, 2006 6:52 pm)

In this case, the residual will be 3% lower than a 10K/yr lease..
 
On a $40K car that will add $1200 to your depreciation... For a 30 month loan, about $40/mo. more..
#234 of 605
Lease Rates Ending? by juanito1
Jun 26, 2006 (7:25 am)
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Kyfdx:
Do you know if these fabulous Z4 lease rates end at the end of the month or will they typically continue?
#235 of 605
Re: Lease Rates Ending? [juanito1] by kyfdx HOST
Jun 26, 2006 (7:37 am)
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Replying to: juanito1 (Jun 26, 2006 7:25 am)

I wouldn't hazard a guess on the rates... The factory to dealer cash rarely goes away, but lease incentives can vary a lot...
 
They put these incentives in place to move cars... Who knows how successful that has been?
 
If you are wondering if you should wait for maybe a better deal? Absolutely no idea.... The deals are good now.. they may be better or worse next month... No way to know ahead of time...
 
Sorry...
kyfdx
#236 of 605
Re: Incentives typically continue.. [kyfdx] by leaze4
Jun 26, 2006 (9:58 am)
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Replying to: kyfdx (Jun 23, 2006 3:23 pm)

I focused on the payment, but edmunds says the MSRP is 37,045. Final offer is 24mo/24K, $629 due at signing (1st mo. payment + tags/registration for 2 yrs) and $429/mo. It includes a 10% tax (DC) per month.
#237 of 605
Re: Incentives typically continue.. [leaze4] by kyfdx HOST
Jun 26, 2006 (11:35 am)
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Replying to: leaze4 (Jun 26, 2006 9:58 am)

That actually looks pretty darn good...
 
Nothing wrong with focusing on the payment, if you are also focusing on your upfront money... After all... you are renting the car by the month..
 
That sure looks like a cheap way to drive a $37K car for two years...
 
Congratulations!
kyfdx
#238 of 605
Re: Lease Rates Ending? by juanito1
Jun 26, 2006 (12:06 pm)
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Replying to: kyfdx (Jun 26, 2006 7:37 am)

Thanks. I'll take my chances until the end of the holiday weekend. The 9 units on the lot have not moved in two months at both local dealers in my area.

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