BMW Z4 Lease Questions

702 messages,  Last post on Apr 21, 2013 at 2:53 PM

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What is this discussion about? BMW Z4, Car Leasing, Convertible

#98 of 702 Re: Z4 Residuals [chr] by Car_man HOST

Nov 22, 2005 (3:54 am)

Replying to: chr (Nov 09, 2005 9:33 am)
You're very welcome, chr. Here's the breakdown that you're interested in for the current lease program on the 2005 BMW Z4 2.5: 24 mo. / 15k - .00200 / 62%, 30 mo. / 15k - .00100 / 59%, and 36 mo. / 15k - .00100 / 55%. I know that BMW is currently advertising a 27 month lease on this car, but for some reason I have not seen its 27 month lease program. I'm sure that the 27 month money factor is the .00100 factor that I mentioned earlier, I just don't know about the residual value. It's difficult to say what BMW's December and January lease program on this car will be like. You need to be careful about how long you wait to lease this car though. Vehicles' residual values gradually fall as the model year progresses. At some point they have fallen so much that it becomes too expensive for manufacturers to provide reasonable lease payments on leftover models and they just pull the plug on their special lease program. BMW has already stopped providing lease support on most other models. I don't know exactly when it will pull the plug on its special 2005 Z4 lease, but it will happen eventually.
 
Car_man
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#99 of 702 Re: Best deal on this BMW Z4 ? [anumolu] by Car_man HOST

Nov 22, 2005 (3:58 am)

Replying to: anumolu (Nov 21, 2005 9:35 am)
Hi anumolu. I can give you an idea of what sort of lease program to expect on this car, but in order for me to do so I need you to provide me with an approximate selling price for it. You may be able to get an idea of how much you will have to pay for it right now by visiting rhe following discussion: "BMW Z4: Prices Paid & Buying Experience". When estimating the selling price, don't forget that BMW is currently providing $3,000 dealer cash on the 2005 Z4 2.5.
 
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#100 of 702 Re: Best deal on this BMW Z4 ? [Car_man] by anumolu

Nov 22, 2005 (11:24 am)

Replying to: Car_man (Nov 22, 2005 3:58 am)
Hi Car_man,
Please respond promptly if possible.
MSRP = $38,030/-, Offered SP = $34,250.00 + Delivery $500.00. However the lease offer on this same $5150/- down inlcuding delivery (500), and monthly 361/- for 27M at 1K miles per month. Please suggest the SP and lease offer I likely should get on this BMW z4 2.5L. Thanks in advance.

#101 of 702 Re: Best deal on this BMW Z4 ? [Car_man] by anumolu

Nov 23, 2005 (9:30 am)

Replying to: Car_man (Nov 22, 2005 3:58 am)
Seems like I have to meet this dealer today and make a decision. They defenetly want to talk me into the deal they offered and explain me where the money is going etc.. Can you please give a detail math inlcusive all possible charges on a lease to your knowledge so I know what they are talking. BMW z4 2.5L, MSRP $38030.00 , Purchase Price $34250.00
Thanks so much in advance.

#102 of 702 Re: Best deal on this BMW Z4 ? [anumolu] by kyfdx HOST

Nov 23, 2005 (8:25 pm)

Replying to: anumolu (Nov 23, 2005 9:30 am)
I'm not familiar with the numbers on the 27 month leases... but...
 
There is a $3000 dealer incentive on the Z4 2.5 this means that your effective discount is only $800.... Without even knowing the other numbers, this is at least $1000 too high for a car that is obviously not selling well...
 
I'd keep shopping..
 
regards,
kyfdx
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#104 of 702 Re: Best deal on this BMW Z4 ? [kyfdx] by anumolu

Nov 29, 2005 (1:09 pm)

Replying to: kyfdx (Nov 23, 2005 8:25 pm)
I got this 2.5L BMW Z4 for $399.63/month on a 39M /(10K/Year) lease program with $2450 paid to begin with. If I increased the milage the payment would be around $30 more which I might take later. I did this dela as I don't know how december is going to turn out on these Incentives/lease program. But I strongly feel I am paying easy $1500/- more on this whole deal. The cars defenetly fun to drive. Thanks for your suggestions made.

#105 of 702 december by chr

Dec 04, 2005 (9:12 pm)

Hi Car_Man, are there any changes to the residuals and money factor for December? Thanks!

#106 of 702 Re: Best deal on this BMW Z4 ? [anumolu] by Car_man HOST

Dec 08, 2005 (4:21 am)

Replying to: anumolu (Nov 22, 2005 11:24 am)
Hi anumolu. BMW is currently providing $3,000 dealer cash on the 2005 Z4 2.5. Taking this cash into account, you should be able to get one right now for several thousand dollars below dealer invoice. As far as this specific offer goes, you are being asked for way too large a down payment. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your Z4 would be exactly the same, regardless of whether you had put $5,000 down, or had made absolutely no down payment at all.
 
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#107 of 702 Re: december [chr] by Car_man HOST

Dec 08, 2005 (4:22 am)

Replying to: chr (Dec 04, 2005 9:12 pm)
Hi chr. Nope. BMW's lease program for the Z4 is exactly the same in December as it was in November.
 
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