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Prices Paid: Buying & Leasing Experiences BMW Z4 Lease Questions
603 messages, Last post on Nov 09, 2009 at 4:51 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Retail Price $57,320.00 Selling Price $47,320.00 Term: 24 Months Annual Miles: 10,000 Residual 66% Residual Value $37,831.20 Money Factor 0.00310 First Payment $606.74 Acquisition Fee $825.00 Security Deposit $650.00 Cash Down $2,000.00 Sales Tax $1,046.50 DMV Fees $676.25 Doc Fee $50.00 ___ Due at Signing $5,029.84 Monthly Payment $606.74 Anyone know if this is a good deal or not? It's a 2007 Z4 M Coupe with Premium Pkg, Power Front Seats + Heated Seats, BMW Assist, Logic 7, and Nav. |
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I got a 2007 White/Red M Coupe with no nav for $3K down and $539 per month WITH tax. 2 year, 10K miles per year. This is in SoCal. |
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Hello, My dealer gave me following lease deal. Shall I take it? Z4 roadster 3.0i Titanium silver Premium Package Sport package heated seats Xenon headlights M Sport front seats total suggested $45,050 lease price $36,050 24 mont lease residual $30,634 (68%) lease monthly foctor 0.00310 protection plan $90 total added caps $825 adjusted cap sost $32,465 cash cap reduction $4,500 total sales tax $1,014 base monthly rental $271.9 security deposite $300 total initial fees 235.25 amount due at start $5,746.16 total monthly $296.91 This is the last car at the dealer lot. |
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Replying to: jojo16 (Dec 23, 2007 4:27 pm) |
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Replying to: jojo16 (Dec 23, 2007 4:27 pm) I see that you are considering making a $4,500 down payment on your lease. In my opinion, that is way too much money to put down. Consumers who make large down payments on leases risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. You would be better off paying as little money as possible out of your pocket at lease signing. One thing that you should use to reduce your car's capitalized cost is the $2,500 dealer cash incentive that BMW is providing on leases of the '08 Z4 3.0i through BMW Financial Services right now. Negotiate a selling price that is as close to dealer invoice as possible and then have the dealer subtract this dealer cash. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Car_man - I'm looking at a 2007 Z4 Coupe and and looking for the same great info that you always provide! What are the current residuals and money factors for the '07s assuming a 36/39 month lease at 15,000 miles per year? Also, I assume that the TMV on Edmunds takes the $7500 rebate into consideration when it gives you the "price others are paying." Is this right? Thanks! |
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Just wanted to no what deal I might have gotten? 2007 roadster 3.0si premium package, sport, cold weather, 6 speed, auto top, 18" wheels, pretty much loaded no navigation, does anyone no how much nav is to put in, or do you have to get already installed. I did not no about this cash back for 6500 everyone is talking about, the price out the door that I negotiated down to was 38967.00 24 month lease my payment is 400.00 a month thats including tax the 2000.00 I put down was for lic, tax, 1st month 10k a year I think my residual is 68% my payment is 400.00 a month with tax how did I do? |
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Replying to: Car_man (Jan 14, 2008 2:26 am) The next day, Christmas eve, I came back to the dealer to negotiate further. Finally we reached an agreement slightly better than the deal the dealer offered the day before. Monthly payment was down to $242. Lower than what I was paying for the car I traded in. There might have been a room to further negotiate, but I am totally happy with the Titunium Silver Roadster.'t wait for the summer to drive top down. It is only 120 miles driven since delivery in three weeks - it has been rainy here in seattle all time in the winter, can.
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Replying to: jojo16 (Jan 15, 2008 8:01 pm) |
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I presently lease a BMW and my current lease is about to end. I am starting to look for a new car. BMWUSA has posted on it's web site a lease offer for a 2008, 3.0i Z-4 with the following terms. $2,500.00 cash down with monthly lease payments of $379.00, not including sales tax, for 39 months based on MSRP of $38,450.00. My question are: 1. Should I expect the dealer to accept an offer lower than MSRP? If yes, by how much? 2. May any reduction in price by the dealer be used to lower the down payment or the monthly payment required by this lease? Thank you for your help. Mike
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