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BMW Z4 Lease Questions

707 messages,  Last post on Jun 11, 2013 at 3:00 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 55 of 72

#533 of 707 lease on z4 m coupe - good deal? by ruxmont

Dec 12, 2007 (4:00 pm)

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.

#534 of 707 Sounds High by andrewinla2

Dec 12, 2007 (7:40 pm)

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.

#535 of 707 2007 Z4 last lease deal by jojo16

Dec 23, 2007 (5:27 pm)

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.

#536 of 707 Re: 2007 Z4 last lease deal [jojo16] by jojo16

Dec 23, 2007 (5:30 pm)

Replying to: jojo16 (Dec 23, 2007 5:27 pm)
Sorry I forgot mention that I live in Washigton state and lease term is 24 month

#537 of 707 Re: 2007 Z4 last lease deal [jojo16] by Car_man HOST

Jan 14, 2008 (3:26 am)

Replying to: jojo16 (Dec 23, 2007 5:27 pm)
Hello jojo16. The money factor that you were quoted for this lease looks a little high to me. If you are talking about a 2008 Z4 here, BMW Financial Services' current buy rate for non-returning customers who pay a security deposit at lease signing is only .00270. Make sure that the dealer you are working with uses this factor to calculate your car's monthly payment.
 
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

#538 of 707 2007 Z4 Coupe by cole

Jan 14, 2008 (10:31 am)

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!

#539 of 707 HELP Q on LEASE for 2007 3.0si Roadster by arpadster

Jan 15, 2008 (2:20 am)

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?

#540 of 707 Re: 2007 Z4 last lease deal [Car_man] by jojo16

Jan 15, 2008 (9:01 pm)

Replying to: Car_man (Jan 14, 2008 3:26 am)
Thanks Car_man
 
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.

#541 of 707 Re: 2007 Z4 last lease deal [jojo16] by arpadster

Jan 16, 2008 (9:50 pm)

Replying to: jojo16 (Jan 15, 2008 9:01 pm)
what model standard or 3.0 si, its a big difference in cars. what was your down payment to get 242.00

#542 of 707 Question(s) for Car Man - Re Current Z-4 lease offer> by mbn1941

Jan 17, 2008 (8:25 pm)

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

Messages Page 55 of 72

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