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

#654 of 702 Re: May 2011 Z4 Lease [bimmerfan8] by Car_man HOST

May 19, 2011 (3:52 pm)

Replying to: bimmerfan8 (May 13, 2011 12:37 pm)
Hi bimmerfan8. I am familiar with the deal that you mentioned. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2011 Z4 3.0 with 10,000 miles per year are .00150 and an astonishing 80%, respectively for consumers who qualify for its top credit tiers.
 
I suspect that you will indeed be able to negotiate a lower selling price than the one that was used to arrive at this car's advertised payment, which in turn would lower your car's payment assuming everything else stays the same.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#655 of 702 BMW Z4 S35i Lease -cost of options? by uksam

May 21, 2011 (10:23 am)

Hi Car Man,
 
I am on the verge of getting a BMW Z4 S35i based on their seemingly outstanding lease offer of $439/month for a 24 Month/12,000 mile lease. I am planning on special-ordering this car with options around $2k over MSRP. Giving a total MSRP of around $59k. The lease offer is based on an MSRP of approx $57k. She informed me that every $1k in options will cost $48 more per month in lease cost.
 
This doesnt seem right to me? If calculated using total MSRP, the money factor and residual, shouldnt the additional cost for options be much less?
 
Also, do you know if this offer will last past end of may?
 
Thanks so much

#656 of 702 Re: BMW Z4 S35i Lease -cost of options? [uksam] by kyfdx HOST

May 21, 2011 (10:56 am)

Replying to: uksam (May 21, 2011 10:23 am)
That's wrong.... $1000 less down (or higher cap cost) on the same vehicle would be around $45-$48/mo. more....
 
But, with a higher MSRP, you also get a higher residual And the residual for the Z435i is an incredible 79%....
 
So, even if you are paying full MSRP for the $2000 in options, the added depreciation is only $420 ($2000 X .21), divided by 24 months = $17.50/mo.. Add another $6.80/mo. for finance charge, and thats around $24/mo. + tax... If your price only increases $1800 for the $2K in options, knock $7.50/mo. off that...
 
One caveat.. if you are adding non-residualized accessories, then those will be very pricy on a 24 mo. lease.... as, you'll pay the full amount over the 24 months.. (just don't do it).
 
regards,
kyfdx

#657 of 702 2011 BMW Z4 30i Roadster by franky89

Jul 20, 2011 (3:38 pm)

Looking to lease a BMW Z4 30i Roadster. Current special is $399 + tax per month with $3,374 down, including first months payment. I was wondering how long it takes to order and receive the car cause the dealer only has one on the lot. Also is there any cash back for this month?

#658 of 702 Blast from the past by dantm

Jul 29, 2011 (2:54 pm)

This brings back memories...in 2006 I leased a base Z4 for an unbelievable rate...I remember the 24 month money factor was 0.00041 (0.98% interest rate) and the residual percentage was 72%. On a 37.3K car (negotiated to 33K with the dealer) the payments were $281/month...
 
I don't think this has ever happened since, has it?

#659 of 702 Re: 2011 BMW Z4 30i Roadster [franky89] by geoge1

Aug 05, 2011 (1:41 pm)

Replying to: franky89 (Jul 20, 2011 3:38 pm)
frabky 89 - i was told about three weeks... how did you do?

#660 of 702 Re: 2011 BMW Z4 30i Roadster [geoge1] by geoge1

Aug 09, 2011 (2:29 pm)

Replying to: geoge1 (Aug 05, 2011 1:41 pm)
now am told that nothing can be ordered - waiting for 2012 - 399 offer wont be available... there is some availability around other dealers - just have to find the right one - the lease is quoted for msrp of 52,300 so payments may go up or down based on the msrp of the actual car

#661 of 702 press request by kirstie_h HOST

Aug 10, 2011 (3:16 pm)

A reporter is interested in talking with roadster fans who would like or dislike the idea of a smaller engine in the new BMW Z4. If you care to share your comments, please send an email, including your daytime contact info, to predmunds.com no later than 5:00pm Pacific on Friday, August 12, 2011.

#662 of 702 Opnion on a lease deal by rjdoc1974

Aug 27, 2011 (3:54 pm)

Replying to: kirstie_h (Aug 10, 2011 3:16 pm)
Hi everyone,
 
I am being offered the following lease deal:
 
2011 bmw Z4 3.0
A75 Melbourne Red Metallic 550.00
Upholstery LYSY Walnut Kansas Leather 1,250.00
ZMP M Sport Package 3,900.00
1CD Brake Energy Regeneration N/C
2TB Sport automatic transmission N/C
322 Comfort Access keyless entry 500.00
494 Heated front seats 500.00
639 BMW Assist with Bluetooth 750.00
6AA BMW TeleServices N/C
6AB TeleService Control N/C
6VC Combox controller N/C
Net Total 54,900.00
Destination Charge 875.00
Gas Guzzler Tax N/C
Total Suggested Price 55,775.00
 
The deal is as follows:
Sales Price $52,915
Acq fee $725
DMV 444
Tire fee 8.75
Cap reduction 600
Rebate 1000 loyalty
Rate .00111
80% res
Customer cash total 4834.75 (includes $3150 MSDS)
 
Payment 448.74 including tax
 
I didn't get the $1000 drive for team USA (was too late) and this is $1000 over invoice. What do you guys think? Go for it or keep fingers crossed for 2012 similar deal?
 
Thanks for your input!

#663 of 702 Re: Opnion on a lease deal [rjdoc1974] by kyfdx HOST

Aug 27, 2011 (8:01 pm)

Replying to: rjdoc1974 (Aug 27, 2011 3:54 pm)
You are a guy after my own heart... You really know the ins and outs of a BMW lease...
 
There is about $4300-$4400 spread between MSRP and invoice, but when you add in the training fee and MACO, the spread is $3700-$3800.. Your discount is $2860. If there is any room there, that's the spot. If the stars aligned, you might get them to cut the price by another $500.
 
However, about 95% of the time, a BMW dealer will mark up the money factor and acquistion fee the maximum allowed.. Many dealers just won't write a lease at the base rate. As I'm sure you know, your deal is at the base rate..
 
There is some pressure on the dealer. He doesn't know if BMW will continue this lease deal for another month (it's been 4 months already), and if they don't, they'll probably put $5K trunk money on the car, and kill the lease deals. Believe me, the dealer knows that it's a lot easier to lease a car for $500/month, than sell it for $47K.. That said, there is probably a 99% chance that this is as good as you are going to get.
 
I love the MSDs, and that you made the $600 Cap reduction to get under $450 (saving you from making another $350 in security deposits). Taking the $1000 bonus, instead of the .0003 MF reduction was another good move. You really did your homework.
 
I would jump on it.
 
regards,
kyfdx
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