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Prices Paid: Buying & Leasing Experiences BMW Z4 Lease Questions
607 messages, Last post on Nov 27, 2009 at 6:39 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
Z4 sales are off 32% August 07 from aug 06 and down 20% YTD 07 versus 06. The Z4 3.0si is off nearly 54% Aug07 versus Aug 06. A clear testament that the vehicle is over priced and non-competitive with the likes of Porsche, BMW, and Benz.
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Replying to: misterep (Sep 20, 2007 8:43 pm) Not that I doubt the validity. After all, the dealer is going to extraordinary lengths to sell this car. After driving both cars, I agree that the Boxster is a better car, but for the true toy that it is, the price is pretty attractive on the Z4. Neither the Boxster or the Z4 are practical cars, so in my opinion it is mostly a toy. Great weekend cars with the top down. The fact that maintenance is included on the BMW should bring the cost to operate the Z4 much lower than the Boxster. All things being equal I would get the Boxster any day of the week over the Z4. But given the super aggressive pricing and leasing options on the Z4, it makes the BMW a contender. I would be inclined to say that sales are off more because of the love it or hate it styling rather than the performance. Most people aren't going to track these cars or push them anywhere near the limits. Also like your statement that the BMW is over priced and non-competitive to the likes of BMW.  As for the Benz, they sure look nice, but they are a maintenance nightmare. JD Power rankings appear to back that up (With Porsche being at the top)
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Replying to: voodooist (Sep 21, 2007 2:26 pm) Sorry....I meant to add '335i' as the BMW reference.....  Interesting enough, BMW sold more M coupes than M verts last month.... close to 2:1
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Hello all! I'm in deep contemplation over assuming a lease on a z4 (i've never done a lease or assumption before), and could certainly use feedback from anyone here. The facts: -2005 z4 with premium/sport package, great condition (no dings/scratches), tires good, etc. We took it over to a dealer and he evaluated the car with me and checked the tires/body/windshield/etc and things look good. He said, as it stands now, there would be no additional charges due to wear/tear. -27 month lease with 6 months remaining. Currently 16.2k, but lease term is for 27k miles. -the person who's going to transfer it to me is the 3rd owner and seems like a good guy. -terms: assume lease, pay 5 months (he covered this month already), half of the lease assumption fee (225 of the 450), and the disposition fee back to bmw when the car is returned to bmw (325). So out of pocket for almost 6 months use (370 *5 + 225 + 325 = 2.4k) is about 400 per month, plus insurance. What do you guys think? One one hand I'd like to drive a bmw and a convertible (never had either), on the other hand the weather is getting into winter so a convertible isn't quite as great (return it mar 23rd next year). One nice thing is that it's only got 16.2k miles. Is it a good deal? Second, how do those tires run as far as lifetime. What i mean is, say i put 8k on them, now the car has 24k when i return it, do u think they'll want me to buy new tires? I appreciate any opinions you guys have on this situation, Paul
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Replying to: paultman (Sep 24, 2007 9:15 am) I'd check on that first.. Colorado? I wouldn't bother... regards, kyfdx |
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Yeah, BMW is going to allow the transfer so long as it's completed this week since they had lost the title or something crazy like that. But yeah, I'm aware of the <6month lease transfer limitation and it's fine in my case. What do you think of the rest of the scenario? Thanks, Paul
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Replying to: paultman (Sep 24, 2007 11:16 am) Plus, if you do have cosmetic issues, or tire problems, you'll only be able to amortize the costs over 5-6 months.. There isn't a big risk, but it is there, nonetheless.. The price looks good.. but, they've had good Z4 lease deals off and on for the last 2-3 years.. I'd look for a lease that has a little longer term remaining (at least so you can drive it in nice weather). regards, kyfdx |
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Has anyone successfully leased a Z4 at the current advertised lease price of $329? It's for a base model with automatic only. $329 First month's payment $2,500 Down payment $350 Security deposit $3,179 Cash due at signing |
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Replying to: misterep (Sep 21, 2007 4:39 pm) Plus my wife hated it. Said it looked like a Squid. Several others provided comments about the looks of the car that are not suited for this forum.
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Replying to: voodooist (Sep 28, 2007 12:40 pm) So, best of luck with the Porsche and come back once in a while to give us the true feelings of a Boxster owner who also seriously considered the Z4.
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