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BMW Z4 Lease Questions

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

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

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#51 of 612 BMW Z4: Lease Question [Car_man] by toncar Oct 23, 2005 (5:53 am)
Replying to: Car_man (Sep 06, 2005 3:21 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 612 Z4 2.5 lease..Need HELP! Of course! by omegagen Oct 24, 2005 (4:00 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!!!! Replies to this message: toncar (Oct 24, 2005 6:51 pm) omegagen (Oct 25, 2005 5:25 am)
#54 of 612 Re: Z4 2.5 lease..Need HELP! Of course! [omegagen] by toncar Oct 24, 2005 (6:51 pm)
Replying to: omegagen (Oct 24, 2005 4:00 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? Replies to this message: omegagen (Oct 25, 2005 5:25 am)
#55 of 612 Re: Z4 2.5 lease..Need HELP! Of course! [toncar] by omegagen Oct 25, 2005 (5:25 am)
Replying to: toncar (Oct 24, 2005 6:51 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 612 CarMan, OOOOh Carman where are you? by omegagen Oct 26, 2005 (12:35 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!! Replies to this message: omegagen (Oct 26, 2005 4:04 pm)
#57 of 612 Re: CarMan, OOOOh Carman where are you? [omegagen] by omegagen Oct 26, 2005 (4:04 pm)
Replying to: omegagen (Oct 26, 2005 12:35 pm) Oh yeah, it's a 2.5l.   Thanks!
#58 of 612 Re: Re: Re: 30 month Z4 lease by Car_man HOST Oct 27, 2005 (2:21 am)
You're welcome dugdogg. If all of the dealers in your area are marking-up BMW FS' acquisition fee it may be difficult for you to get them to use the base $625 charge. You can always tell a dealer that one of its competitors was willing to lease you this car using the base acquisition fee but you will lease through them if they match.   Car_man Host Smart Shopper / Prices Paid Forums
#59 of 612 Re: Re: Re: 30 month Z4 lease by Car_man HOST Oct 27, 2005 (2:28 am)
Hi tara3056. BMW is currently providing $3,000 dealer cash on the 2005 Z4 2.5i. After taking this cash into account it appears to me as though you are being offered this car at just over dealer invoice, which is a good deal. The dealer that you are working with is not trying to mark-up BMW FS' buy rate lease money factor of .00100 either, which is a good thing. The only thing that I don't like about this deal is the down payment that you are making. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your Z4 would be exactly the same, regardless of whether you had put several thousand dollars down, or had made absolutely no down payment at all. The bottom line is yes this is a good deal, but lose the down payment. If you really want to trade your current vehicle in, you can always have the dealer cut you a check for it rather than using the proceeds from it ad a capitalized cost reduction for your lease.   Car_man Host Smart Shopper / Prices Paid Forums
#60 of 612 Re: BMW Z4: Lease Question by Car_man HOST Oct 27, 2005 (2:30 am)
Greetings toncar. You never mentioned the selling price of the car that you leased. This is an important number for anyone who is going to give you feedback on your deal because it enables them to see how much of a discount you were given and it is necessary to estimate a lease payment. If you tell us this number, I would be happy to give you my opinion on this deal.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: toncar (Oct 27, 2005 8:19 am)

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