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BMW Z4 Lease Questions

606 messages, Last post on Nov 16, 2009 at 6:57 AM
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got a very basic 08 3.0i roadster w/ 39mo lease at 12k/yr w/ option to buy extra mileage until last 4 months of lease -heated seats -bmw assist -motorized top -metallic paint (i'm forgetting somethign I'm sure) for 1k total out the door and 500/mo inclusive of CA tax. so like 459 / mo ish w/o tax.
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Replying to: mbn1941 (Jan 17, 2008 7:25 pm) Once you arrive at a selling price that you are comfortable with, have the dealer calculate your car's monthly payment using BMW Financial Services' buy rate lease money factor. Its buy rate for a 36 month lease of an '08 Z4 3.0i roadster is .00255 for returning BMW lessees or new ones who pay a security deposit at lease signing. If the dealer that you are working with tries to charge you a higher rate than that they are likely marking your car's money factor up to add additional hidden back-end profit to your deal. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: zkaudio (Feb 12, 2008 3:06 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Feb 15, 2008 2:27 am)
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Replying to: erdoran (Mar 05, 2008 6:32 pm)
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I have a line on an '06 Z4 coupe (certified) with 10,000 miles on it. The dealer sued it as a loaner. Has premium and sport packages, auto tranny with flippers. Dealer is asking $29,900. Was put into service on Jan 2 '07. Any thoughts on this? I live in the upper peninsula of Michigan (so lots of snow) and am also looking at the TT as a possible toy. |
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Replying to: mbn1941 (Mar 05, 2008 6:57 pm)
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Hi. I am interested in leasing a 2008 BMW Z4 3.0 si coupe. Could you please tell me the residual value and the money factor on this car? I am looking at a 36 month lease. I live in the NYC area and was quoted $41,200 with an MSRP of $45375. What would be my lease payments without a cap cost reduction? I am looking to include taxes in my monthly payments. Thanks.
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Replying to: erdoran (Mar 06, 2008 4:30 pm) 1) How do they arrive at those numbers? What is the negotiated cost? Residual? Money Factor? 2) I have seen similar specials at my local dealers here in Southern California that play on this lease special, including 39 months 3) How much more would/should I pay if I wanted to extend the lease to 12K miles per year? 15K miles? By the way, the special can be found here at http://www.edmunds.com/new/2008/bmw/z4/100954196/incentives.html Thanks for your help!!! |
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Hey Car man: Went to the BMW dealer yesterday to try out the Z4si. Nice, not sure I like it as much as the '05 2.0T TT that I had, but it was pretty nice and I was hoping to get a decent lease deal. Already having done the research, I knew what the current residuals and rates were as well as the $3k factory to dealer incentive. This was their first offer for 2yr 10k miles per year--gave me the $3k off the MSRP and then an additional $1325 which came out to a selling price of $42,800. After doc fee and Acquisition fee (what is this?), the cap cost was $43,470. Calculating $2500 down, they had the residual at .74 and the rate at .0022 they came out with a payment of $519.95. I had gone in there using the Edmunds TMV value which for my area (upstate ny) was $200 under invoice. After taking into account the $3000 and taxes, and the various fees, I came out around $331/month. I guess my question is about where should I come out?? I mean, I realize that was their 1st offer and they will come down, but can I expect them to come down to $331/month? My other questions have to do w/ these various fees: Doc Fee = $45; Acquisition Fee = $625; Security Deposit = $550; Upfront fees = $170 Are these actual fees to the dealership or is this just another area where they're making a profit?! I appreciate your wise words of wisdom car man!! Thanks.
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