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BMW Z4 Lease Questions

573 messages,  Last post on Jul 21, 2008 at 3:29 AM

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

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#26 of 573 Z4.0 Lease by frankc5601 Sep 20, 2005 (9:26 am)
Car_Man:   Need your help. Looking to lease a Z4 in Oklahoma City. No other dealer within 100 miles. The MSRP is $47,994. They are offering .0014 money factor. Appears they have marked up money factor from other messages. The MSRP is $47994, and agreed to a purchase price $41,494, approx. $2500 under invoice. They are offering $560 per month (after some negotiation) for 24 month lease, 10k per year , with following down; first month ($560), security ($600), tax, title, and license ($1575, OK charges 3.25% use tax on full value of vehicle, whether leased or purchased), for a total of $2675 down at time of purchase.   It sounds to me getting the money factor at .001 would save about $25 - $30 per month. It appears you believe I should get another $1000 off price. That all taken into consideration, what do you think a fair lease is, with the down payment shown above, considering I would have to go to Dallas to deal with another dealer.   Thanks Frank
#27 of 573 Re: Re: BMW Z4: Lease Questions [thewyz] by vsaxena Sep 20, 2005 (11:52 am)
Replying to: thewyz (Sep 20, 2005 5:36 am) BMWFS is not a direct lender so you can not go to them directly. You can get competing quotes from leasecompare.com to get the dealers to reduce their markup.
#28 of 573 Re: Re: Re: BMW Z4: Lease Questions by Car_man HOST Sep 26, 2005 (3:13 am)
No problem thewyz. Unfortunately, you cannot deal directly through BMW Financial Services. You have to go through a BMW dealer to lease your new Z4. The marking-up of vehicles' lease money factors is not required by BMW. While many dealers mark factors up, if it comes down to selling a car or not selling a car most will do away with the mark-up and use the buy rate money factor to calculate a vehicle's payment.   Car_man Host Smart Shopper / Prices Paid Forums
#29 of 573 Re: Z4.0 Lease by Car_man HOST Sep 26, 2005 (3:18 am)
Hi Frank. The fact that there are no other BMW dealers within 100 miles doesn't help your bargaining position any. As you seem to already be aware, it appears as though there is some money factor mark-up going on with your deal. $2,500 under dealer invoice would be a great deal for a 2005 Z4 2.5i because there is only $2,500 dealer cash on it right now. However, it looks as though you are getting the 3.0L model. BMW is currently providing $4,500 dealer cash on the '05 Z4 3.0i, which means that you are really getting this car for around $2,000 over invoice. I suppose that this isn't bad given the lack of competition in your area, but I have definitely seen better deals on this car.   Car_man Host Smart Shopper / Prices Paid Forums
#30 of 573 '05 Lease Questions by therose400 Oct 01, 2005 (4:21 pm)
First of all, I would like to thank everyone for their valuable information that we all can learn from......    Secondly, I need some numbers and opinions.......    This is what I want to order - 2005 Z4 2.5i Toledo Blue Metallic (Exterior) Beige leather (Interior) Light Popular Grain Wood Trim Black fully-auto soft-top Power front seats MANUAL TRANSMISSION Wind Deflector    This is the dealer's offer: $34,365 plus Tax 6%, New tag retail $250.00, Transfer $150.00, Dealer Fee $379.50, Lemon Law fee $2.00, Tire,Battery fee $6.50. If you Lease there is a Lease Fee of $70.49 to the State of Florida.    Questions: 1- what amount is the sales tax applied to (cap cost, lease cost, etc.)? 2- what are the residual values for 36, 39 and 48 month leases? what should money factors be, respectively? 3-TMV 'What Others are Paying' is $35,106. Is this a good deal? Thank you!
#31 of 573 re: '05 Lease Questions by therose400 Oct 01, 2005 (5:50 pm)
My apologies for not checking this forum in its entirety... you do not need to post the residuals and money factors again! I found them in a previous message.
#32 of 573 Re: '05 Lease Questions by Car_man HOST Oct 04, 2005 (4:20 am)
HI therose400. I am not personally all that familiar with how sales tax is calculated on leased vehicles in your state, but you may be able to find out additional information on this subject by visiting one of the following sites: Florida Department of Highway Safety and Motor Vehicles or State of Florida Department of Revenue.   BMW just introduced a new lease program for the month of October a few days ago. It is now pushing 30 month leases of the 2005 Z4 instead of 24 month leases. Let me know if you would like me to give you an idea of what the new program is like.   Car_man Host Smart Shopper / Prices Paid Forums
#33 of 573 30 month Z4 lease by therose400 Oct 04, 2005 (6:28 am)
Car_Man,   Sure, I'd like to know what the 30 month lease program is about. Thanks!
#34 of 573 Re: BMW Z4: Lease Questions [Car_man] by sparkleyes Oct 04, 2005 (3:27 pm)
Replying to: Car_man (Aug 31, 2005 3:15 am) Car_man   My 2003 Z4 (3.0) lease expires 1/06. When my old Z3 lease was up, I leased it again for a second 36 month term, and cut my payments in half. What is your opinion about leasing my Z4 again when this lease expires? Do you have any good suggestions for lease expiration options, other than purchasing the car and keeping/or re-selling or signing up for a new car lease?
#35 of 573 Re: Z4 and X3 have great short term lease rates [vsaxena] by baasten Oct 06, 2005 (11:00 am)
Replying to: vsaxena (Sep 09, 2005 11:46 pm) Hi Carman   Are the lease numbers the same for a 2006 z4 2.5i and is the dealer incentive for the 2006's or just the 2005's   thank you baasten Replies to this message: bdr127 (Oct 06, 2005 11:11 am)

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