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BMW Z4 Lease Questions

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Comments

  • delferdelfer Posts: 29
    Thanks, CarMan! Interesting that your numbers look lower than what my dealer's telling me. My total drive off's are about what you have quoted, but for some reason, my pre-tax monthly payment is still being computer at $ 525.00 versus $498.00, even if the selling price is $48380. Why the $25 difference per month? That adds up to an unaccounted for $900 over the 3-year lease term.

    Can you help me determine where he may be marking up? Thanks so much!
  • delferdelfer Posts: 29
    Hi again, CarMan ... So not only is your lease breakdown better, my dealer also insists $48,380 is $500 over invoice, when to you and me both, it is $1,060 over invoice. Where can he be applying this $560 difference? Dealer profit?

    I'd rather do without the $560 difference and pay the pre-tax $498 you recommended above ...
  • delferdelfer Posts: 29
    Hey DieselZaf,

    In my case, I've been shopping around. I got the idea of $500 over invoice from someone in the 3-series forums who recommended a dealer that gave him a 328coupe for $500 over invoice no questions asked.

    As far as my own research, I am trying to get a z4 3.0si for $500 over invoice which my current dealer is telling me he can do, although the moderators are telling me he is quoting me $1060 over invoice, unless he can justify the $560 difference.

    These lease quotes are from the moderators who calculate payments based on invoice pricing and residual and money factor information released by BMW (check bimmerfest.com)

    So far, the lowest payment with zero down and about $1500++ drive offs offered to me is $560's. Although my 3.0si has navi, premium_sport, auto trans, heated seats, and xenon headlights.

    I hope this helps!
  • jplz4jplz4 Posts: 2
    Carman-

    I need some major help with a prospective lease. I'm looking at a 2007 Z4 3.0 manual with the following:

    - 2 year/12 miles
    - 0 down
    - sports package
    - xenon
    - metallic paint
    - on board computer

    I'm being quoted outrageous rates by my local dealer, and seeing as how I live in Phoenix I don't have many options in terms of shopping around for a better price. Can you possibly provide a better framework? MSRP from edmunds is $39,650. How much over invoice should I be shooting for? $1000.00?

    Anyways, thanks in advance for your help. I'm trying to get to about 400-500 dollars a month...possible?
  • cocobatcocobat Posts: 2
    hi Car_man,

    The MSRP is $57,995. The destination charge is $775. I think the selling price was around $54,000 but I'm not 100% sure. Thanks
  • dieselzafdieselzaf Posts: 8
    Hey delfer, are they taxes in in the payment when you say around 560's? thanks
  • delferdelfer Posts: 29
    that is already with taxes ... i can't imagine paying over 600 a month for this car, with all these accessories.

    i'm still tempted to try the 328coupe, but i really want a convertible top, with the 3-series' fun things like idrive, navi, and ipod compatibility.

    thing is, 3-conv leasing is ridiculous right now. about $900 a month!
  • dieselzafdieselzaf Posts: 8
    Yea I know, you would have to be retarded to lease a 335i convertible. The prices are in porsche carrera territory. HORRIBLE LEASE!
  • jfryrmanjfryrman Posts: 2
    I have never leased before and was wondering: a)to what extent the down payment is negotiable (the bmw website cites a $2500 down payment as part of its special lease description), and b)exactly what aspects of such a lease are negotiable? Thanks!
  • I was wondering what you thought of this quote:
    2007 Z4 3.0i Silver grey/Black leatherette
    Automatic
    Heated front seats
    Power top
    Xenon headlights

    MSRP $40,795

    INVOICE COST $38,160

    SALE PRICE $38,660

    24 MONTH LEASE
    Money factor .00125
    Residual 76%
    $1370 .06 total drive off (includes, 1st payment, License fee, security deposit, documentation fee)
    10,000 miles/year
    $432.89 plus tax = $468.60/month

    Do the numbers look right?
  • misterepmisterep Posts: 52
    Spot on....
  • Thanks for your reply misterep..looking to consummate transaction within a day or two.
  • valenvalen Posts: 6
    I hope this is extraordinally great deal!?

    3.0i Convertible
    -Jet Blk/ Blk Leatherette
    -6 spd Manual
    -Sport Pkg
    -Xenon lights
    -Power Top
    -Navi
    -Heated seats

    MSRP $41,925
    Invoice $39,275
    Docking+ $580

    Sale Price $40,370
    36 mos/15,000 miles
    Mth Payment $480(incld tax)
    (I will negotiate down payment as much as possible.)

    I try to lock this month lease deal before going up!
    PLEASE let me know if this is the deal?!
  • dieselzafdieselzaf Posts: 8
    no offense, but this is not a great deal
  • valenvalen Posts: 6
    Thank you for letting me know. Because of my work I couldn't go to the dealer.

    Then my question is what would be a good deal monthly payment.
    I think selling price (invoice + MACO +$500) is okay. Or should I shoot for below the invoice?? SF bay area I live has about ten dealerships so I can shop around.

    Also, for 3.0i roadstar with 36/15K what is MF with no cash down but security deposit, and residual value??

    This is first time leasing experience and all of your help will be highly appreciated.
  • valenvalen Posts: 6
    Sorry, all information is showed by Car_Man before.

    Base MF for 3.0i: .00125
    Residual: 63%

    Adding acquisition fee of $650 to the selling price,
    my monthly payment will be $485 plus tax.
    Am I correct?? :confuse:
  • dieselzafdieselzaf Posts: 8
    You can talk the msrp down at least $2000.
  • dieselzafdieselzaf Posts: 8
    Does anyone if there is dealer cash for the month of june? I head last june was $2000!!! Please let me know.
  • valenvalen Posts: 6
    Right now MSRP is $41,925 and invoice is $39,275 at $2600 off. MACO fee of $580 and acquisition fee of $650 adds up 1,230. So basically 1,370 off from MSRP. Could I negociate this MACO or acqusition fee?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Thanks for the additional information, esfoad. The car that you described has a spread of nearly $4,000 between its full MSRP and its dealer invoice price. The $3,200 discount that you are being given on it isn't bad. Just make sure that the dealer you are working with uses BMW Financial Services' buy rate lease money factor of .00100 to calculate your monthly payment and you're in business.

    Car_man
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