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BMW Z4 Lease Questions

606 messages,  Last post on Nov 16, 2009 at 6:57 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#579 of 606
2009 Z4 Roadster by Joepa_Lions
Dec 18, 2008 (4:00 am)
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I just heard that BMW has released the 2009 Z4 roadster. Does anyone know what the MSRP will be and what I might expect to pay to lease one.
#580 of 606
take over lease? by mortal1
Jan 13, 2009 (2:50 pm)
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Hello all,
 
Lately I've gotten the sports car itch. I was looking at taking over a lease for 600/mo. I also have to pay a transfer free of 500 and a end lease fee of 300. I was wondering what all could be negotiated when it comes to taking over a lease? Could I negotiate the payment or is that locked in by the financing company?
 
I'm assuming I could get the seller to pay the fees, or at least one of the two. I've never done anything like this so I'm a wee bit lost.
#581 of 606
Re: take over lease? [mortal1] by Car_man HOST
Jan 15, 2009 (2:54 am)
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Replying to: mortal1 (Jan 13, 2009 2:50 pm)

Hi mortal1. Of course, I don't know how the particular car that you are interested in is equipped, but $600 per month seems like a lot of money for a BMW Z4. Have you compared the cost of leasing a new one with the cost of this assumption. You may find that going with the assumption doesn't make financial sense.
 
The payment on the lease that you are considering assuming was set by BMW Financial Services, or whichever bank it is being leased through long ago. It cannot be altered, but people who are interested in assuming leases are often able to negotiate some sort of kickback from the individual who wants to get out of their lease, ssuch as "OK, I'll assume your lease but you have to throw in a grand and pay all of the fees."
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#582 of 606
New Z4i lease rate question by jcginTX
Jan 31, 2009 (6:43 pm)
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I am looking at a new Z4 i convertible with premium and many features but no sport. Sticker is $43,700 and I get the same number when I add up the features on Edmunds.
 
Dealer offered $4,000 off the sticker right up front. This gets it to $39,550 which is under Edmunds invoice best as I can tell.
 
36 month 15k lease would be MF .003 with 60% residual
 
I see a November posting with a MF of .0023 for a 36/15 with 60%. Is this still valid?
 
I see the $3,000 dealer incentive in November, is this still valid?
#583 of 606
Re: New Z4i lease rate question [jcginTX] by Car_man HOST
Feb 24, 2009 (2:46 am)
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Replying to: jcginTX (Jan 31, 2009 6:43 pm)

Hi jcginTX. On November 1st, BMW provided dealers with a $5,000 final dealer cash payment on any 2008 Z4 3.0i roadster units that they reported as sold. There is a good chance that any Z4s that are still sitting around received that cash. I definitely think that you can do better than a $4,000 discount on this car right now.
 
The lease program that you were quoted for this car is way out of whack as well. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Z4 3.0i roadster with 15,000 miles per year are .00150 and 60%, respectively for returning customers or new ones that pay a security deposit at lease signing. New customers can have their security deposit waived in exchange for a .00015 increase in the money factor that is used to calculate their monthly payment.
 
Car_man
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#584 of 606
BMW Lease Rates by roadster7
May 20, 2009 (4:20 pm)
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I am interested in leasing a 2009 BMW Z4 35i. What is the rate and residual? Thanks!
#586 of 606
2009 BMW Z4 35i by roadster7
May 22, 2009 (7:42 am)
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Have the lease rate and residual rates been released for the new Z4 35i hardtop convertible?
#587 of 606
Re: BMW Lease Rates [roadster7] by Car_man HOST
Jun 05, 2009 (2:54 am)
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Replying to: roadster7 (May 20, 2009 4:20 pm)

Hi roadster7. Here's the info that you're looking for. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Z4 3.5i with 15,000 miles per year are .00280 and 52%, respectively. BMW is not currently providing lease support on the new Z4, which is beautiful btw. The money factor that I mentioned is BMW FS' standard rate. It may vary some by region.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#588 of 606
Re: 2009 BMW Z4 35i [roadster7] by Car_man HOST
Jun 05, 2009 (2:55 am)
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Replying to: roadster7 (May 22, 2009 7:42 am)

Yes they have, roadster7. Please see my previous post for the information that you are looking for. Good luck in your negotiations and make sure to let us know how everything turns out or if you have any other questions.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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