702 messages,
Last post on Apr 21, 2013 at 2:53 PM
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BMW Z4, Car Leasing, Convertible
#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)
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)
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)
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 pr
edmunds.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)
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)
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
Aug 28, 2011 (1:33 pm)
Thank you so much for your input. I am not crazy about red color (mostly my wife is not in love with it; she says it looks like "I am playing for the other team
". The car has no Nav and no ZPP (WTF?). But the deals sounds good and I will probably go for it. Thanks again.