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BMW Z4, Car Leasing, Convertible
#662 of 712 Opnion on a lease deal
Aug 27, 2011 (2:54 pm)
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
Tire fee 8.75
Cap reduction 600
Rebate 1000 loyalty
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 712 Re: Opnion on a lease deal [rjdoc1974]
by kyfdx@Edmunds HOST
Aug 27, 2011 (7:01 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.
Aug 28, 2011 (12:33 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.
#665 of 712 Please Update - Need Help with November Lease
Oct 29, 2011 (9:08 am)
I have to return 2008 lease in 10 days. I know, procrastinating cost me early return when BMWFS deal was much better.
This forum has always been helpful with previous lease deals (2006 Z4 and 2008 Z4 SI) I want to lease again 2011 or 2012 3.0I with Premium, Cold, Sport. Currently in Oregon and finding little to no availability.
Do I really have to fly to CA and drive back?
#666 of 712 Z4 2012
Nov 04, 2011 (1:31 pm)
I looking for a lease on a 2012 Z4 sDrive 28i :
Walnut Kansas Leather
$ 53425 msrp
Selling $ 49500
36 month lease
12k a year 63%
.00175 mf with 5 security deposits $3000
Plus $1300 due at signing (first payment, doc fees...)
Pmt is $570 includes tax
Should I take this lease?
#667 of 712 Re: Z4 2012 [gla4]
Nov 05, 2011 (7:05 pm)
Is a 36 months with 12k miles/yr
We went to the dealership today (Macon, GA), my wife and I have a credit score over 740.
They pull out our credit and after that the rewrite all the lease, the seller told us that our payment was $ 585 + $ 1800 upfront and he say we couldn't make security deposits.... I really don't understand why they change the deal.
Is true the the money factor in BMW is always 0.00210 even with a good credit?
Feb 02, 2012 (8:56 am)
Anyone have any information on residual % and MF on a 2012 Z4 sDrive 28i? Any idea if the residual is different for a manual transmission? Looking for a higher mileage lease (15 or 18k). Also, anyone know if the terms get better as we get closer to convertible season? I know that no one has a magic eightball, but just curious based on previous experience. Thanks
Feb 06, 2012 (4:13 pm)
Hi ddr1981. BMW Financial Services' February buy rate lease money factor and residual value for a 36-month lease of a 2012 Z4 2.8 with 15,000 miles per year are .00195 and 65%, respectively for consumers who qualify for its top credit tier.
The deals are not very attractive on many vehicles right now...at least not nearly as attractive as the deals that were available at the end of the year. So I don't think that the deals that are available on the Z4 are likely to get much worse. Having said that, entering top down season would likely spur demand for convertibles an in turn lower their incentives, not increase them.
Prices Paid: Buying & Leasing Experiences Forum
Mar 03, 2012 (9:43 pm)
hi CarMan and BMW lovers
what is the Residual % on 2012 - 15k and 12k Miles
Is there any special MoneyFactor for March
for a sticker price of 57.4k, is 53k a good buy price?
for a 36 months / 15k miles what should be the monthly payment and tax?
is the Z4 going to be redesigned in 2013?
#671 of 712 Re: Z4 March 2012 deals [sweetthunder]
Mar 08, 2012 (5:15 pm)
Hi sweetthunder. BMW Financial Services' March buy rate lease money factor and residual value for a 36-month lease of a 2012 Z4 sDrive28i with 15,000 miles per year are .00195 and 65%, respectively for consumers who qualify for its top credit tier.
The residual value for a lease with only 12,000 miles per year would be 2% higher.
BMW is currently providing a $1,000 cash incentive on leases of this car. Taking that cash into account, the selling price that you mentioned is probably around $1,000 over invoice...which isn't terrible.
I haven't heard anything about a Z4 redesign next year.
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