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BMW Z4 Lease Questions

612 messages,  Last post on Dec 06, 2009 at 8:21 AM

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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#495 of 612
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 612
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 612
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 612
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 612
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 612
Re: New Dealer, New Price [kyfdx] by joeway124
Aug 29, 2007 (9:25 am)
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Replying to: kyfdx (Aug 28, 2007 11:37 am)

Is that a Fair deal tho?
#501 of 612
New lease by thewyz
Sep 04, 2007 (9:40 am)
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Hi
 
I leased a 2005 Z4 based on advice on this forum and have been very pleased. My 24 month lease is nearly up and I'm considering leasing a new Z4. Can someone help with current lease rates for September '07?
 
I was able to negotiate about $1k above invoice and will try to do the same again. Will lease for 24 or 36 months based on best rate. I need 10k miles per year.
 
Any help/advice would be much appreciated.
 
Thanks
#502 of 612
Please help by max2177
Sep 06, 2007 (5:52 pm)
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I would like to lease a Z4 coupe but I haven't seen any lease recommendations for coupes. So:
 
MSRP 47,000
Invoice 43,300
10,000 miles
 
Could you give me an idea what the lease payments would be around? I am open to any term. Are there any deals for coupes and what are the money factors and residual values. I live in Virginia. I would rather not put any money down.
 
Thank you.
#503 of 612
Z4 3.0 SI Convertible lease w/ factory cash question by voodooist
Sep 16, 2007 (6:05 pm)
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Hello,
 
I'm looking at leasing the Z4 3.0 si.
 
-Silver Metallic
-Manual top
-6Speed Manual Trans.
-Sport Package
-Heated Seats
-Xenon Lights
-M Sport Seats
 
MSRP is $46550
Using the factory cash they came back with a sale price of $37000 and change.
$2300 (it close to this forget the actual number) in drive offs with no cap reduction
$453/Month
24 Month
10K miles.
 
Not sure what the current money factor is on the Z4 and if this is a fair deal or if the dealer is making a bit on the money factor. Had that happen before after negotiating a great deal only to have them bump the money factor to pad their profit.
 
Any advise is greatly appreciated. If it sounds like a good deal would like to go get my new ride.
 
Thanks,
#504 of 612
Please Help!! 2007 Z4 M Coupe lease!! by azndavid
Sep 19, 2007 (2:03 am)
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Hello,
I live in CA LA county and looking at leaseing the Z4 M coupe by end of this month, before the factory incentive goes away. My current lease end at end of year, I heard if you have leased from BMW, you can get the BMW roality discount for your next BMW.Is that true or no?
 
According to Edmunds website, I have found a Z4 M coupe (base model w/ Metallic Paint) that I am interested in.
 
Is it possible to get this kind of deal?????
 
MSRP of 52,350 and invoice of 48,295
24mo./ 12k miles
Down payment:2500-3000 drive off
Monthly payment:550 tax included
 
what do you guys consider a good deal for Z4 M?
 
thanks for the help!!!
 

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