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
#619 of 702 Re: Is this a good deal?? [lwv]
by enkur
Dec 21, 2009 (12:31 pm)
I was able to get a deal at BMW of Austin which included returning my lease early with some additional equity (not sure how that exactly worked) and I was able to get the following this is for Texas
2009 BMW Z4 3.0 Space Gray Premium Package, Premium Sound, Heated Seats.
MSRP 54850
- $3000 rebate
- $1468 (trade-in-value) (there was some magic here that I dont quite fully understand. It was an Owners Choice return of my previous 3er.
- $3100 dealer sales tax rebate (In texas entire sales tax is collected up front and usually rolled in to the lease)
65% residual
0.00135 MF
29 month lease
12000 miles/year
$1000 out of pocket
Final payment $678/mo for remaining 28 months.
Dec 29, 2009 (7:26 pm)
Folks,
I have the following offer from BMW for a 2009 BMW Z4 S35i with 1900 miles (demo car) on it:
29 month lease
OTD (including 1st month payment): $5000
Monthly lease: $514
I was able to bring down the purchase price of the car from $60,000 to $54,800.
Is this a good deal? I plan on signing the contract tomorrow morning. I would really appreciate all your inputs on this.
Thanks,
Jag
#621 of 702 Re: want your input [the_jaguar]
by croc_hunter
Jan 01, 2010 (11:55 pm)
Sounds a little steep to me. I just pulled the trigger on a Z4 s35i with 299 miles on 12-31-09. Deep Sea Blue, extended white leather, Premium Package, 18" wheels, DCT transmission, paddle shifters, through loading. MSRP $60,025. I wish I look at this board, but the guy in Texas seems like he had a little better offer.
2,500 drive off (includes first month)
29 months
12K miles
$571 per month
I live in SoCal and the numbers include all taxes and fees
#622 of 702 Re: HOLIDAY CASH UNDERSTANDING [mower]
by Car_man HOST
Jan 07, 2010 (4:33 am)
You're very welcome, mower.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#623 of 702 Re: BMW Z4 30i lease rates [kirans]
by Car_man HOST
Jan 07, 2010 (4:37 am)
Hi Kiran. Sorry for the delay in my response. I took some time off for the holidays. Here's the new January information for the car that you're interested in.
BMW Financial Services' current buy rate lease money factor and residual value for a 30 month lease of a 2009 Z4 3.0i with 12,000 miles per year are .00140 and 59%, respectively.
In addition to this special money factor, BMW is providing a $3,000 cash incentive on leases of this car.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#624 of 702 Re: Is this a good deal?? [enkur]
by andyshih2000
Jan 07, 2010 (11:43 pm)
Enkur,
I think ur deal was a little high. I was able to get a deal on 2009 Z4 3.0 in LA on 12/24/09. It was $ 1400 for drive-off (first-month, rebate sales tax, license, and CA tire fee) and $ 459.32 per month, including 9.75% sales tax. I also rolled the last 2 payments on my Mini Cooper ($ 688) and the $ 725 bank fee) into my CC. The car's MSRP was $ 50145. IMO, wtalbot had the best deal but he didn't put the trigger.
#625 of 702 Re: Is this a good deal?? [andyshih2000]
by dman99
Jan 11, 2010 (11:52 pm)
Hey Guys,
I live in So Cal too and was quoted this from Flawless Auto Group-
2009 Z4 with 3.0 engine. Automatic. Sticker- $50K, down- $5000, need to pay dealer $250 plus $350 per month for 29 month lease.
I plan to pull the trigger tomorrow. Is this a good buy? or too good to be true? Thanks.
#626 of 702 Re: Is this a good deal?? [dman99]
by andyshih2000
Jan 12, 2010 (10:30 am)
Did you mean ur drive off is $ 5250? Also, $ 350 includes sales tax or not?
Andy
#627 of 702 Re: Is this a good deal?? [andyshih2000]
by dman99
Jan 13, 2010 (1:14 am)
Hi Andy, $5250 is the drive off, $350 does not include sales tax. Thanks.
#628 of 702 Re: Is this a good deal?? [dman99]
by andyshih2000
Jan 13, 2010 (10:44 am)
Hi dman99,
I think you could do better. Based on carman's rate, this is what I came out roughly.
MSRP: 50K
CC:40K (I think you can do better than this)
MF: 0.0014, Residual: 59% for 12K
Depreciation: $ 350/month, Rental: $ 97.30/m, Monthly Payment=$ 447.30 before tax
Drive-off: First month + license+bank fee+ Sales tax on Rebate (around $ 2200)
IMO, 5K as drive-off seems too much and you always wanna save some cash in the bank.
Andy