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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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#519 of 607 I may do the M Coupe Lease now by andrewinla2 Oct 15, 2007 (7:58 am)
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. Replies to this message: misterep (Oct 15, 2007 11:10 am) Car_man (Nov 08, 2007 2:30 am)
#520 of 607 Re: I may do the M Coupe Lease now [andrewinla2] by misterep Oct 15, 2007 (11:10 am)
Replying to: andrewinla2 (Oct 15, 2007 7:58 am) This should help....   http://www.leaseguide.com/calc.htm
#521 of 607 Got an offer by andrewinla2 Oct 16, 2007 (8:42 pm)
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. Replies to this message: cluedweasel (Oct 18, 2007 10:53 am) Car_man (Nov 08, 2007 2:34 am)
#522 of 607 Re: Got an offer [andrewinla2] by cluedweasel Oct 18, 2007 (10:53 am)
Replying to: andrewinla2 (Oct 16, 2007 8:42 pm) But what is the selling price, etc. Without that info, no one can tell if it's a good deal or not. The multiple security deposits are to bring the money factor (interest rate equivalent) down. It's not always a good idea to put a lot down on a lease. For example, you put $5,000 down. A month later the car gets stolen or totaled. The insurance pays out to the leasing company but you're $5,000 out of pocket.   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.
#523 of 607 THANK YOU by andrewinla2 Oct 18, 2007 (8:41 pm)
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. Replies to this message: cluedweasel (Oct 19, 2007 12:56 pm)
#524 of 607 Re: THANK YOU [andrewinla2] by cluedweasel Oct 19, 2007 (12:56 pm)
Replying to: andrewinla2 (Oct 18, 2007 8:41 pm) Can you ask them to confirm the money factor and residual that they are using? That's a good price from them but I wonder if they are bumping up the money factor.
#525 of 607 Re: Please Help!! 2007 Z4 M Coupe lease!! [Car_man] by 530iturk Oct 19, 2007 (8:27 pm)
Replying to: Car_man (Oct 05, 2007 1:36 am) I'm looking at a loaded 2007 Z4 (have a 2003 Z4; going to sell).   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). Replies to this message: 530iturk (Oct 23, 2007 8:06 pm) Car_man (Nov 08, 2007 2:49 am)
#526 of 607 24 moth by andrewinla2 Oct 19, 2007 (9:20 pm)
The BMW dealer said 24 month is more attractive at this time for Z4 Coupe.   Not sure if this applies to other models.
#527 of 607 Re: Please Help!! 2007 Z4 M Coupe lease!! [530iturk] by 530iturk Oct 23, 2007 (8:06 pm)
Replying to: 530iturk (Oct 19, 2007 8:27 pm) Got more info.   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).
#528 of 607 M Roadster by chimmaera Oct 31, 2007 (11:41 am)
Hey everyone, Im about to lease an 07 M Roadster, 6500 under invoice. Do you guys think I should do it today before the end of the month or wait to see if the incentives get any better for November? Do you know if they will be available immediately tomorrow? Replies to this message: Car_man (Nov 08, 2007 3:05 am)

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