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BMW Z4 Lease Questions

607 messages,  Last post on Nov 27, 2009 at 6:39 AM

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

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#508 of 607 Re: Trunk Money is not going away [voodooist] by misterep Sep 21, 2007 (4:39 pm)
Replying to: voodooist (Sep 21, 2007 2:26 pm) The sales numbers are posted monthly....   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 Replies to this message: voodooist (Sep 28, 2007 12:40 pm) esfoad (Oct 01, 2007 1:13 pm) voodooist (Oct 08, 2007 9:30 pm)
#509 of 607 Need some info regarding z4 please! by paultman Sep 24, 2007 (9:15 am)
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 Replies to this message: kyfdx (Sep 24, 2007 10:40 am)
#510 of 607 Re: Need some info regarding z4 please! [paultman] by kyfdx HOST Sep 24, 2007 (10:40 am)
Replying to: paultman (Sep 24, 2007 9:15 am) BMW usually doesn't allow assumptions within the last six months... If you are over the six month window, you might be able to pull it off, but it'll be close..   I'd check on that first..   Colorado? I wouldn't bother...      regards, kyfdx
#511 of 607 lease stuff by paultman Sep 24, 2007 (11:16 am)
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 Replies to this message: kyfdx (Sep 24, 2007 11:29 am)
#512 of 607 Re: lease stuff [paultman] by kyfdx HOST Sep 24, 2007 (11:29 am)
Replying to: paultman (Sep 24, 2007 11:16 am) Colorado? You won't get much use out of it.. Just when the weather starts getting nice, you'll be out of it...   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
#513 of 607 current advertised lease deal? by pjo1966 Sep 24, 2007 (11:30 am)
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
#514 of 607 Re: Trunk Money is not going away [misterep] by voodooist Sep 28, 2007 (12:40 pm)
Replying to: misterep (Sep 21, 2007 4:39 pm) I ended up buying the Boxster S over the BMW Z4. Even with all that factory money and the super low lease, I still liked the Boxster better to pay the extra money. Sorry BMW, I thought about it seriously, but in the end would have felt like I settled for the Z4. Not that it was a bad car my preference was just for the Boxster all along.   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. Replies to this message: esfoad (Oct 01, 2007 1:13 pm) voodooist (Oct 08, 2007 9:30 pm)
#515 of 607 Re: Trunk Money is not going away [voodooist] by esfoad Oct 01, 2007 (1:13 pm)
Replying to: voodooist (Sep 28, 2007 12:40 pm) My wife and I had a similar discussion between the standard Boxster and the Z4 3.0Si. We chose the BMW because the monthly difference was too great to let go. The difference with similar equipment was almost $200 per month! Now after just hitting 5K miles on the BMW, I have to say it's a great car. However, the Boxster is also wonderful and I understand your choice.   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. Replies to this message: voodooist (Oct 08, 2007 9:30 pm)
#516 of 607 Re: Z4 3.0 SI Convertible lease w/ factory cash question [voodooist] by Car_man HOST Oct 05, 2007 (1:32 am)
Replying to: voodooist (Sep 16, 2007 6:05 pm) Hello voodooist. BMW is currently providing a whopping $6,500 dealer cash on the 2007 Z4 3.0si roadster. Plus the car that you described probably has a spread of around $3,500 between its full MSRP and its dealer invoice price. This gives us a total of $10,000 to play with. You are being given a discount of $9,550 on this car, which is probably equivalent to around $500 over dealer invoice and is a good deal. Just make sure that the dealer you are working with uses BMW FS' current buy rate lease money factor of .00275 (with the payment of a security deposit) to calculate your monthly payment and you're in business.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#517 of 607 Re: Please Help!! 2007 Z4 M Coupe lease!! [azndavid] by Car_man HOST Oct 05, 2007 (1:36 am)
Replying to: azndavid (Sep 19, 2007 2:03 am) Hi azndavid. BMW did not pull the plug on the dealer cash that it has been providing on the Z4 in October. In fact, it actually increased its dealer cash on the M coupe to $7,500 and kept the rest of its lease program the same. If you haven't pulled the trigger on this car yet, try to negotiate a selling price that is $6,500 to $7,000 below dealer invoice and then have the dealer that gives you that price calculate your monthly payment using BMW FS' current buy rate lease money factor of .00275.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: 530iturk (Oct 19, 2007 8:27 pm) 530iturk (Oct 23, 2007 8:06 pm) Car_man (Nov 08, 2007 2:49 am)

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