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BMW Z4 Lease Questions

613 messages, Last post on Dec 07, 2009 at 6:31 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: topspin (Jul 19, 2006 7:54 pm) The dealership was Global Imports in Atlanta, Georgia. I am pretty sure that the money factor was the captive rate of .00005... My money due at signing included the $500 security deposit. I think that the residual percentage is set by BMW financial and cannot be modified by the dealership. You can find the residual % on the web for a 2006 Z4 3.0si... The amount due at signing was a little complicated because we paid for the $400 OEM wind deflector in the money due at signing. They gave it to us at dealer cost and I cannot remember the agreed to amount. The rest of the amount due at signing were standard fees. |
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Replying to: lokent (Jul 24, 2006 8:23 pm) I can't remember the numbers in detail now but we tried 24, 30 and 36 months in the calculator at the dealer. It just worked out that for some reason 24 months worked out better. It wasn't much better - we're talking less than five dollars difference. I see what you're saying about the cash down. That's a really good way to look at it. If you then take the cash down proportionally for a two year lease, yes, it works out more expensive than a 3 year lease. I'm still happy with a pretty loaded 3.0si over two years for $412! Happy hunting. John.
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Anyone try leasing a Z4 Coupe 3.0si yet? Couple weeks ago I was being quoted $900+ for 36mos /15k /$1500 drive off (res 50% / .00315 mf) I think the msrp was around $46,000. Anyone?
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Spoke to a dealer today and here is the deal I managed to negotiate out for a 30-month, 10000 miles/yr lease on a 3.0i 6-MT with Metallic Paint, Premium Package and Premium Sound System. MSRP: $40845 Base Cap Cost: $37350 + $695 (acquisition fee) = $38045 Down Payment: $200 Net Cap Cost: $37845 Residual: 66% Money Factor: .00115 Monthly Pay: 437.43 + tax Drive-off: $1876 Is this good enough to go for it? I'm new on the leasing front, and would appreciate any advice. Thanks.
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Replying to: matthewsjl (Jul 26, 2006 6:48 am) This is great information to know. Regards, Lewis |
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Replying to: ragster07 (Jul 26, 2006 8:23 pm) |
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Replying to: ragster07 (Jul 26, 2006 8:23 pm) It has been possible to lease a similarly equipped 3.0si (MSRP around $48,000) with a 36 month/12k mile lease for around $465/month (before tax) with a similar dive-off. You could probably get a little better deal on a 10k / year lease. The captive money factor for the 3.0si has been much better than the 3.0i and in my opinion is the best option for a lease. |
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I'm looking to lease an 06 Z4 and wanted to clarify on the going money factor and residual rates. Car_man stated a whlie back that the MF for a 3YR/10K lease was .0009 with a residual of 60%. Is this still the case and how much do these change with by bumping the lease up to 12K a year? What about moving to a 2.5YR lease? Also, is the $1800 dealer cash still being offered? Finally, here has been much discussion about paying sec. deposits instead of actual money down...do these additional sec. deposits change the residual rate? Great discussion here and this has been really a lot of hepl already. Thanks.
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Well Carman you helped me get this 04 z4 and now maybe can help again. OK here we go. I have 12 months remaining at 547.00/month. I only have 12,000 miles on the car,broke my wrist a year ago. The buyback is 25,000.00. What would you do? I understand if I buy it back I would pay 5 percent taxes again. I live in Maryland. I also hear d I could trade in for the equity. Right now the car books for 32,500.00 so I could have 7000.00 in profit if I sold it. The car is primo. kept in a heated garage and detailed every 4 months. Please give me your usual excellent advice.
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Replying to: dantm (Jul 18, 2006 3:59 pm) You would be better off making additional security deposits on your lease than making a large down payment. BMW Financial Services allows consumers to make up to seven additional deposits on leased vehicles. Each additional deposit lowers your car's money factor by .00007. The lower your vehicle's money factor is, the lower its monthly payment will be. The advantage of making additional security deposits is unlike down payments you actually get your deposits back at lease-end. Car_man Host Prices Paid Forum |
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