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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: joeway124 (Aug 24, 2007 9:41 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. |
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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.
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Replying to: nyccarguy (Aug 26, 2007 6:31 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. | |
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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
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Replying to: lustman02 (Aug 26, 2007 8:21 pm) $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 |
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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 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 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.
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Replying to: joeway124 (Aug 28, 2007 10:51 am)
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Replying to: kyfdx (Aug 28, 2007 11:37 am) |
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