BMW Z4 Lease Questions

702 messages,  Last post on Apr 21, 2013 at 2:53 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#29 of 702 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
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#30 of 702 '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 702 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 702 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
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#33 of 702 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 702 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 702 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

#36 of 702 Re: Z4 and X3 have great short term lease rates [baasten] by bdr127

Oct 06, 2005 (11:11 am)

Replying to: baasten (Oct 06, 2005 11:00 am)
The 2006 Z4 doesn't start production until January......

#37 of 702 Re: 30 month Z4 lease by Car_man HOST

Oct 09, 2005 (4:49 am)

Here you go, therose400. If you were to lease a 2005 BMW Z4 through BMW Financial Services right now for 30 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00100 and 59%, respectively. When negotiating a lease on this car, don't forget to take the $3,000 dealer cash that BMW is providing on the 2.5 and that is has on the $5,000 3.0 into account.
 
Car_man
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#38 of 702 Re: Re: BMW Z4: Lease Questions by Car_man HOST

Oct 09, 2005 (4:54 am)

Hi sparkleyes. Whether you should lease your current Z4 again or not depends upon what sort of lease program BMW offers you. If it has an attractive program on used Z4s when your lease is up, you may want to consider leasing your car again. Keep in mind though that it will no longer be covered by its original warranty though. If the lease program is not that attractive, if its purchase option prices is reasonable you can always buy your car at lease end and continue to drive it. If the purchase price is attractive enough a third option would be to purchase your car for less than its current market value and sell it on your own or trade it in for a profit. Lastly, you can always walk away from it.
 
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