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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

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


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#491 of 613
Re: Please look at this deal: i think its very expensive [joeway124] by nyccarguy
Aug 25, 2007 (6:31 pm)
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Replying to: joeway124 (Aug 24, 2007 9:41 pm)

Why not get the car in NY and have it sent to Texas? Where in NY are you?
#492 of 613
Re: Please look at this deal: i think its very expensive [joeway124] by joeway124
Aug 26, 2007 (5:44 pm)
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I was actually thinking about doing that but i wasnt sure if its possible. If it is, when my lease is up, do i have to transport it back to New York? But from getting the car from New York to Texas, my company's going to pay for it.
 
The dealer which i spoke about above did not want to negotiate whatsoever... im hoping, if the transporting does work, ill be able to find a more negotable dealership in NY.
#493 of 613
No by nyccarguy
Aug 26, 2007 (6:31 pm)
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You can return it to any BMW center in the USA.
 
Where in NY are you. Maybe I can help recommend a dealer.
#494 of 613
Re: No [nyccarguy] by joeway124
Aug 26, 2007 (6:46 pm)
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Replying to: nyccarguy (Aug 26, 2007 6:31 pm)

I live in Douglaston, Queens. Theres a BMW dealership couple blocks away from me, i was planning on dropping by one of these days. Please let me know the Dealer you are talking about, Thank you very much for your help.
#495 of 613
I know by nyccarguy
Aug 26, 2007 (7:20 pm)
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where the dealership is, btu have not heard anything good or bad regarding their pricing. My family has bought BMWs (An '04 X5 3.0iA just turned in, an '05 530iA, an '07 X3 3.0si, and an '07 X5 3.0si) from Wide World of Cars BMW in Spring Valley, NY. It is about an hour drive from you with no traffic.
#496 of 613
IS WHAT I AM THINKING CORRECT? PLEASE HELP by lustman02
Aug 26, 2007 (8:21 pm)
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According to Edmunds and the BMW site you can lease a 3.oi for $329 per month for 30 months. 2500 down + 350 security deposit and 329 1st month payment = 3179 due at signing. I assume this lease is figured on the base price of the 3.0i of 36,400?
 
I have found a 3.0i that I am possibly interested in. MSRP of 39,700 and invoice of 36,615. Fair offer would be 36,615 + 1000 - 5500 = 32,115. Would this offer be fair? This is 4285 under base price.
 
How are they figuring the lease above for 36,400 base at 329 per month?
 
Also with the sales price 4285 under base what would this do to the lease amounts?
 
Could I possibly use the 4285 towards the down payment they want of 2500?
 
I'm totally lost on this. Please help!
 
Thank you!
 
Jim
#497 of 613
Re: IS WHAT I AM THINKING CORRECT? PLEASE HELP [lustman02] by kyfdx HOST
Aug 27, 2007 (11:08 am)
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Replying to: lustman02 (Aug 26, 2007 8:21 pm)

According to the website, the deal is based on an MSRP of $38,450. The deal probably looks something like this:
 
$38450 MSRP
$31875 Selling price (MSRP -$5500 - $1075 discount)
$30000 CAP cost (selling price - $2500 CCR + $625 acq.fee_
30 mo./25K lease
64% Residual
.00275 MF
Payment = $329/mo.+tax
Due at signing = 1st payment, security deposit, $2500 down-payment.
 
You can structure it without the $2500 CAP cost reduction.. That would raise the monthly payment to about $420/mo.+tax, with 1st payment and security deposit due at signing..
 
Using your example of $39,700 MSRP, the payment with no CAP cost reduction would be about $440/mo. + tax.. Negotiate a $1000 over invoice deal, and the payment would be about $408/mo.+tax..
 
The 30 month lease program is very, very good... If you can negotiate a lower selling price, then it becomes a great lease.
 
regards,
kyfdx
Host-Prices Paid Forums
#498 of 613
New Dealer, New Price by joeway124
Aug 28, 2007 (10:51 am)
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Spoke with a new dealer over the phone, this is the price he gave me for the car/options below:
 
2007 Z4 3.0i
Manual Transmission
Premium Pack
Navi
LA High Perf Leather
Sport Pack
Xenon HID
Heated Seats
Met. Paint
 
24mo./ 12k miles
MSRP: 46350
Selling 38500 including 5500 Manu-Dealer + Dealer profit. He came up with: $2341 Drive off at $596/mo. including taxes & fees.
 
Now this deal sounds much better, def. within my ballpark compared to my earlier post with the 3.0si, but of course this vehicle is also a lot cheaper.
 
The dealer that im talking to now def seems more willing to negotiate, but he did make it clear that he wants to make profits and offered an alternative which was $2600 down 585/mo., all in.
 
What do you think kyrdx? Can you see any way of lowering the cost for this deal? im going to speak with him again tomorrow and get the details on his pricing.
#499 of 613
Re: New Dealer, New Price [joeway124] by kyfdx HOST
Aug 28, 2007 (11:37 am)
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Replying to: joeway124 (Aug 28, 2007 10:51 am)

If it works for you, I'd ask him to price the same deal for 30 months.... Those 30 month residuals seem to be a little stronger than the 24 or 36 month terms...
#500 of 613
Re: New Dealer, New Price [kyfdx] by joeway124
Aug 29, 2007 (9:25 am)
Reply

Replying to: kyfdx (Aug 28, 2007 11:37 am)

Is that a Fair deal tho?

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