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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
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Replying to: esfoad (Oct 01, 2007 1:13 pm) So far I love the Boxster. Wife and I have been taking lots of weekend trips, everything fits perfectly in the car. Even with the 19" rims and the low profile rubber the car rides like a dream. My only complaint would be the blind spots when the top is up. Then again I am coming from a 4 door car where looking over my left shoulder looked out the back side window, now it looks into a black top. I never drove the Z4 with the top up so I can't really compare. Thank goodness for heated seats and the wind deflector, with those I can keep the top down almost all the time. Driving last night with the top down on the freeway was no issue at all, even at speeds up in the 90's. I also have to say I really like the fact that I can put the top up or down while the car is moving (up to 30 mph), something I was told the BMW couldn't do. Even in the short time I have had the car it has been great to be able to drop the top on a whim, or raise it while getting a sunburn in slow traffic (note to self, keep a hat and sunscreen in the car at all times ) I think I would have been happy in the Z4 too, and certainly would like the extra money every month, but I had the opportunity to grab the Boxster so I did. Best wishes to all, I'll keep checking back to hear how people are enjoying their Z4's |
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I also have been cross shopping the Cayman and M Coupe. With my preference going to the Cayman. After driving the BMW then the M Coupe you realize why the Porsche is the better car. But I digress..I am leaning to the M Coupe for the economics of it. Carman. Im sort of a lease beginner. Im turning my wifes BMW 325i in for a M Coupe 2 months early. Do you think its possible to put down 1st month and tags and get a payment of $575 including tax for 2 years with current programs? The car is a tick over $54K I tried a lease calculator but it got me nowhere. The sticker price is: $54,725 SELLING PRICE is $44,320 Here are the two offers I got from the guy: No money down,$616 a month. 24mo only with 10,000miles per year. $2500 down, $504 a month. 24mo only with 10,000miles per year. You great insight is appreciated.
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Replying to: andrewinla2 (Oct 15, 2007 7:58 am) http://www.leaseguide.com/calc.htm |
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A dealer offered $5K down and $580 per month with tax. The catch being that $4500 of the down is multiple security deposits which I get back at the end. Not sure about this...any info about this security deposit issue would greatly help.
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Replying to: andrewinla2 (Oct 16, 2007 8:42 pm) I'm not 100% sure on the figures but a lease on a Z4M should look something like this at the moment (this is for my state of Oregon so your tax and tags will vary)' Z4M with premium package; MSRP: $55,200 Selling Price: $44,000 (Edmunds TMV - marketing support of $7,500) Lease Term: 24 months Money factor: 0.0275 Residual: 68% Security deposit: $450 Acquisition fee: $550 Tax and tags: $128 (Oregon!) So, with,say, $2000 down (total down here would be $3128, gives us a monthly of $455 + tax. Of course, this will be higher for states with higher DMV fees. Also, you'd need to find a dealer willing to sell at the TMV minus the marketing support. |
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The car has premium package no nav and no heated seats. . Dealer discount: MSRP $54,725 SELLING PRICE $44,320 So not sure why my payment if so different from yours. I appreciate you posting a response.
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Replying to: andrewinla2 (Oct 18, 2007 8:41 pm) |
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Replying to: Car_man (Oct 05, 2007 1:36 am) I have always bought in the past, but leasing is looking attractive (putting less miles on the car and keeping only four years now). I see you quoting 24 month leases, but the dealer says the 36 month is a much better deal. Comment? He quoted residual of 69% but I saw 68% in a post in this forum. I've worked a tentative discount that will apply either way (sale or lease). Nice thing about lease is not having to pay the sales tax (8.25%) up front. I love the car (except for the run flats).
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The BMW dealer said 24 month is more attractive at this time for Z4 Coupe. Not sure if this applies to other models. |
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Replying to: 530iturk (Oct 19, 2007 8:27 pm) 24 mo. residual on 3.0si - 69% 24 mo. residual on 3.0m - 68% 36 mo. residual on 3.0si - 59% 36 mo. residual on 3.0m - 57% Slim pickings on 2007 Z4 unless you want an automatic, coup, or M. Watchout. Some dealers are trying to sell new leftover 2006 Z4 M with the same discount available on the 2007 M's ($10K at least). |
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