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BMW Z4 Lease Questions

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

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

Messages Page 6 of 71

#47 of 702 Re: Re: Re: BMW Z4: Lease Questions by Car_man HOST

Oct 17, 2005 (3:30 am)

Hi tara3056. The .00100 money factor that you mentioned in your post is only available for 30 month leases of this car through BMW FS. Its money factor for any other term less than 42 months doubles to .00200. If I was in the market for this car I definitely would go with the 30 month term. Also, the 36 month, 10,000 miles per year residual value for a 2005 Z4 is only 58%. The 30 month, 10,000 miles per year residual value for this car is currently 62%.
 
Car_man
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#48 of 702 Re: Re: 30 month Z4 lease [Car_man] by dugdogg

Oct 17, 2005 (3:09 pm)

Replying to: Car_man (Oct 17, 2005 3:28 am)
thanks car_man
  no i am not paying the security deposit so that's why the money factor is higher i guess. that's fine with me. the diff between .001 and .00125 is not that much and i dont have to drop 1k for a deposit. the acquisition fee however is 825 at both places i've been to. no one seems to budge from that. how do i negotiate that lower if you said it should be 625?
 
in any case, i can try to negotiate lower but this is from a friend and i feel weird trying to lowball him. a $600/mo payment on a 50k MSRP car is a pretty damn good deal thanks to the money factor.

#49 of 702 Re: Re: 30 month Z4 lease [dugdogg] by tara3056

Oct 19, 2005 (10:43 am)

Replying to: dugdogg (Oct 17, 2005 3:09 pm)
Dugdogg - that sounds high because we have been given a lease offer on a $42,000 car for $353.70 (includes tax) per month. Granted, we have a small trade-in and are paying some cash out-of-pocket, but still.
 
***********
 
It took some negotiating, but we have been given a lease offer that looks like this:
 
2005 Z4 2.5
MSRP: $41,820
Our purchase price: $36,000
30 months
0.0010 money factor
$1500 trade-in PLUS $2020 cash to cover Acq fee ($625), security deposit ($400), 1st payment ($353.70), and about ~$641 in down payment cash.
 
Monthly payment = $336.86 .......... with tax = $353.70.
 
The dealer seems to think this is a fantastic offer he is making us, and for the most part, I would agree. (As well he should - we live way up north and are coming up on the nasty winter season, plus it is a 2005). However, we hadn't really planned on having to come up with so much cash up front.
 
Bottom line - he's holding the car for us while we make a decision. We're worried about the Z4 in snow, so we're going to ask if we'll be allowed to put snow tires on it.
 
Car-man and everyone: Is this a great deal?

#50 of 702 Re: Re: 30 month Z4 lease [tara3056] by bdr127

Oct 19, 2005 (11:36 am)

Replying to: tara3056 (Oct 19, 2005 10:43 am)
Dugdogg - that sounds high because we have been given a lease offer on a $42,000 car for $353.70 (includes tax) per month. Granted, we have a small trade-in and are paying some cash out-of-pocket, but still.
 
The MSRP alone is almost $9000 higher... plus a trade-in and additional cash down. Figure about $35 change in payment per $1000 in total amount leased for 30 months. That right there should explain the big difference in payment.

#51 of 702 BMW Z4: Lease Question [Car_man] by toncar

Oct 23, 2005 (6:53 am)

Replying to: Car_man (Sep 06, 2005 4:21 am)
Hi
I got great feedback from all your post. I am currently leasing a 2005 Z4, MSPR of 37095. I got a lease offer of:
299/month include taxes. $3200 total down include all taxes registration fees etc. Do you think i got a great deal? Please let me know. Wat should my residual value be?
I m looking to buy the car monday you feedback ASAP would be greatly appreciated.

#53 of 702 Z4 2.5 lease..Need HELP! Of course! by omegagen

Oct 24, 2005 (5:00 pm)

I am in the middle of lease negotiations on a white Z4 2.5.
 
MSRP $38195
 
Selling Price $34000
 
Terms I was quoted: 30 months $367, 10K/year, $3400 down(includes TTT)
 
It seems that the monthly should be lower. Salesman says he can't get a Z4 that would meet the $299/month lease special. What do you think??
 
There are at least 3 dealerships within 200 miles, so I won't hesitate to look elsewhere...just business to me! Loyalty to no one!
 
Thanks a bunch!!!!

#54 of 702 Re: Z4 2.5 lease..Need HELP! Of course! [omegagen] by toncar

Oct 24, 2005 (7:51 pm)

Replying to: omegagen (Oct 24, 2005 5:00 pm)
I dunno how much you sales tax is, but i think you can do better then that. You may be able to get a selling price of arround 33500, and get 500 less. Plus ask for more miles like 12K trust me you will need them. My dealer told me he is not making any money on my Z4 I think i got a good deal. Plus I live in the north, I can't drive the car in the winter. try to push to 3000 down and see what their reaction. what state u live in?

#55 of 702 Re: Z4 2.5 lease..Need HELP! Of course! [toncar] by omegagen

Oct 25, 2005 (6:25 am)

Replying to: toncar (Oct 24, 2005 7:51 pm)
I live in NC. The sales tax is 3%. I sort of thought I could do better. I'm suppose to csll back this afternoon. Thanks!!!

#56 of 702 CarMan, OOOOh Carman where are you? by omegagen

Oct 26, 2005 (1:35 pm)

This is the deal I think I may go with:
 
2005 Jet Black Z4
MSRP $39970
Selling price - $35250
Edmund's TMV- $35396
  
Sport Pkg.
heated seats
5 sp
upgrade stereo
power top
leather/suede combo
xenon
 
30 month lease 10K mi/yr, $3025 down, $376/month
 
How's this? Someone? Anyone? I'm suppose to go pickup in a few days.
 
Thanks again!!

Messages Page 6 of 71

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