Last post on Dec 07, 2013 at 8:45 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
BMW Z4, Car Leasing, Convertible
#608 of 712 Re: HOLIDAY CASH UNDERSTANDING [mower]
Dec 04, 2009 (3:23 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
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.
Prices Paid: Buying & Leasing Experiences Forum
#609 of 712 Re: HOLIDAY CASH UNDERSTANDING [Car_man]
Dec 04, 2009 (9:13 am)
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 712 Is this a good deal??
Dec 05, 2009 (5:51 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.
sell price $52,552.00
net cap cost $50,474.62
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 712 Re: Is this a good deal?? [wtalbot]
by kyfdx@Edmunds HOST
Dec 06, 2009 (6:43 am)
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 712 Re: Is this a good deal?? [kyfdx]
Dec 06, 2009 (8:21 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!
#613 of 712 Re: Is this a good deal?? [wtalbot]
Dec 07, 2009 (6:31 pm)
well we did not pull the trigger on it. My wife appears to like the Acura better. If anyone wants that deal in Austin Texas it seems like a great deal to me.
#614 of 712 Re: BMW Z4 30i lease rates [Car_man]
Dec 10, 2009 (11:37 am)
Can you please give me the current lease money factor and residual value for a 29 month lease of a 2009 BMW Z4 3.0i with 12000 miles per year?
I am negotiating a new lease on this car (Northern California) and the dealer has not been very forthcoming. Are there any current special deals that I should be aware of?
I am meeting with the dealer to negotiate the lease tomorrow so any help would be greatly appreciated; thank you.
#615 of 712 Residual reduction
Dec 10, 2009 (12:46 pm)
Has anyone negotiated a lower buyout price than the original residual stated in the contract. When my lease is up, I'd like to buy the car, but not at the indicated residual. I've negotiated down on other makes (Honda Credit won't do it), but don't know if BMW Financial will do it.
#616 of 712 Re: Is this a good deal?? [wtalbot]
Dec 12, 2009 (5:43 pm)
Is this deal offered by BMW of Austin. I went there looking for a deal on an Z4. I would like to get this deal if you are going to pass up on it. Can you give them my name (Abid Jindani) to Chris Markey to call me if you turn down the deal. thanks.
#617 of 712 Re: BMW Z4 30i lease rates [kirans]
Dec 12, 2009 (8:01 pm)
Here are the MF and residual my dealer quoted for 29month lease
MF = 0.00135
Residual = 65% for 12k/year