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BMW Z4 Lease Questions

702 messages,  Last post on Apr 21, 2013 at 2:53 PM

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

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

Messages Page 62 of 71

#603 of 702 Was this a good deal? by noober

Nov 09, 2009 (5:51 pm)

A bit ago, probably about a month or so (October 10th or just about then) I helped my friend get him a 2009 BMW Z4 30i. MSRP $50,600.
 
When all was said and done, he ended up with $499/month inc. CA 9.75% tax/title/reg with $1,000 driveoff (including first month's, dealer fees, and anything else you can think of.)
 
The term limits are:
10k/yr
30 month lease
 
Just wanted to know if I did a decent job for my friend or not. If you need any other info, I'll deliver it.

#604 of 702 Re: BMW Z4 30i lease rates [mackeys] by Car_man HOST

Nov 10, 2009 (3:46 am)

Replying to: mackeys (Nov 08, 2009 10:18 am)
Hi mackeys. Here's the information that you're looking for. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2010 Z4 3.0i with 12,000 miles per year are .00250 and 64%, respectively.
 
The numbers for an otherwise identical 36 month lease are .00250 and 57%.
 
If you were to lease this car with only 10,000 miles per year, its residual values would be 1% higher.
 
When negotiating your lease on this car, make sure to take the $1,500 holiday credit that BMW is providing on it into account.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#605 of 702 Re: 2009 Z4 deals [narcolo] by Car_man HOST

Nov 10, 2009 (3:54 am)

Replying to: narcolo (Nov 09, 2009 9:43 am)
Congratulations on getting your new Z4, narcolo. Thanks for taking the time to share the details of your lease with everyone. As I'm sure you know, real-world examples like this are always helpful for people who are in the market.
 
Say, if you haven't already you may want to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others as well.
 
Thanks again and enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#606 of 702 Understanding Holiday Cash by mower

Nov 16, 2009 (7:57 am)

MSRP 51,200 INVOICE 47,500 Here is my question:.
 
When using the basic lease form from Edmounds, do I subtract the $1500 HC and the $1,700 dealer assistance ($3,200) from the invoice price of $47,500 and then add back in $500 for the dealer? ($44,800 selling price)
 
If this is not correct, please explain where these discounts should go so I can discuss a price with the local dealer. Thanks much Carman. Art

#607 of 702 HOLIDAY CASH UNDERSTANDING by mower

Nov 27, 2009 (7:39 am)

I am still confused. I see some writers taking the monies off the MSRP instead of the INVOICE cost. I am trying to order a BMW during the promotion period. HELP.
 
Thanks.
 
Mower

#608 of 702 Re: HOLIDAY CASH UNDERSTANDING [mower] by Car_man HOST

Dec 04, 2009 (4:23 am)

Replying to: mower (Nov 27, 2009 7:39 am)
Hi mower. The $1,500 cash incentive that is currently available on the 2010 Z4 comes out of BMW's pocket and has nothing to do with the dealer.
 
When negotiating a lease on the Z4 that you're interested in, either shop around for the lowest possible selling price before any incentives are deducted stipulating that the $1,500 will be subtracted from that
 
OR
 
Figure out exactly how much you want to pay for this car, taking the $1,500 into account, before visiting dealers and use that as your target price.
 
Either way, you should be able to negotiate an attractive dealer discount before the deduction of any BMW-sponsored cash incentives.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#609 of 702 Re: HOLIDAY CASH UNDERSTANDING [Car_man] by mower

Dec 04, 2009 (10:13 am)

Replying to: Car_man (Dec 04, 2009 4:23 am)
Hello Car-man:
 
Thanks for the answer to my questions. I will let you know if I make the purchase by 1/04/10. Take care and happy holidays. Mower

#610 of 702 Is this a good deal?? by wtalbot

Dec 05, 2009 (6:51 pm)

Ok here is what the Dealer is offering.
  
09 BMW Z4 sDr35i 3.0 Roadster, premium package, exclusive ivory white extended leather, 18" wheels with run flat, 7 speed double clutch auto transmission, deep sea blue metallic paint. 1100 miles, new.
  
MSRP $60,025.00
sell price $52,552.00
rebate $3000.00
net cap cost $50,474.62
Residual $39,016.25
mileage 12,000
Residual 65%
Money factor .00135
Total OTD payment $2000.00
Monthly payment $515.93
Term 29 months
  
Can I get an opinion on this as soon as possible??? We have the car to use for Sunday but need to make a decision on Monday.

#611 of 702 Re: Is this a good deal?? [wtalbot] by kyfdx HOST

Dec 06, 2009 (7:43 am)

Replying to: wtalbot (Dec 05, 2009 6:51 pm)
That looks like a great deal on a $60K car...
 
Don't know where you live, but a 29-month lease on a convertible gets you three winters and only two summers... Of course, if you are in Houston, Miami or SoCal, that's no big deal..

#612 of 702 Re: Is this a good deal?? [kyfdx] by wtalbot

Dec 06, 2009 (9:21 am)

Replying to: kyfdx (Dec 06, 2009 7:43 am)
Close to Houston in Austin Texas. One month of winter per year. My wife is not sure about it because it doesn't have seat warmers or satellite radio!

Messages Page 62 of 71

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