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BMW Z4, Car Leasing, Convertible
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
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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
#629 of 702 2010 Z4 idrive35i Lease expectations
by coastie17
Jan 25, 2010 (6:05 pm)
Good evening All,
I was hoping someone may be able to help me out. I have been looking at the Mercedes SL550 but after doing some research on the Z4, thought I would look into it. I was quoted the following on a 2010 Z4 35i MSRP of $66,975:
dealer discount: $3450
6% CT tax: $3814
total: $67,384
Money down: $4000
Monthly payment of 36 month 15K miles/year: $1041
This seems very high to me. Are there any incentives or special lease rates on the 2010 model with the 2011 model coming out? I am also a USAA member. What is the residual and money factor on this lease? With this monthly payment I could pay about $200 more per month and buy the $109K SL550. Something just doesn't add up. Please help!