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BMW Z4 Lease Questions

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Comments

  • dk90212dk90212 Posts: 2
    Hi everybody. Here's a lease I'm working on. (2008 BMW Z4 Manual Transmission). After many many many attempts I finally got the dealer to send their Lease Worksheet.


    Base Price $36,400.00
    0389 Gray Softtop 0.00
    0399 Fully Automatic Power Top 750.00

    Metallic Paint 475.00


    Destination and Handling 775.00

    TOTAL AS EQUIPPED $38,400.00
    SELLING PRICE $33,790.00

    Lease Terms
    -------
    Term 24 Months
    Mileage 12,000/year
    Money Factor 2.35
    Residual Factor 73%


    Selling Price $33,790.00
    Bank Fee $ 825.00

    Total Capitalized Cost $34,615.00


    Residual Value $28,032.00
    Total Depreciation $ 4,934.21
    Capital Reduction $ 1,648.79
    Monthly Depreciation $ 205.59
    Monthly Rent $ 143.35

    Monthly Payment $ 348.94
    Tax (8.25%) $ 28.79

    Monthly Payment + Tax $ 377.73



    Capital Reduction $1,648.79
    Cap Reduction Tax (8.25%) $ 139.74
    License & Registration $ 288.75
    Documentation Fee $ 45.00
    First Payment $ 377.73
    Security Deposit $ 0.00

    Due at Signing $2,500.00


    So my questions are:

    1) Is this lease correct?
    a) Is the Bank Fee supposed to be added before the Cap Cost?
    b) If I'm paying $1,648.79 in Cap Cost Reduction, shouldn't the Cap Cost be $32966.21?
    c) Is Cap Cost Reduction a taxable item up front?

    2) Can I do better? There are some good advertised deals in the LA Times, but those are for 10000 miles per year.

    3) Is the Bank Fee really $825? I've been quoted lower from other dealers.

    4) Is the Money Factor .00235? I've seen places where it is .0021 but I'm not sure if that is for "repeat customers"

    5) Should I be concerned that it took so many attempts to get the dealer to send these numbers? I kept asking, and they said "just come in and we'll show you". Are these Lease Worksheets so sacred to them??

    Sorry for my babbling.... Thanks for all your help.
  • nyccarguynyccarguy Stamford, CTPosts: 13,533
    The Bank Fee should be $625. They're marking it up on you.

    For a 15,000 mile per year lease, the residual is 71% (so yours is 73%, right kyfdx?) and the money factor is .0022 (for 15K per year), so they are definitely markinf that up on you too. You shouldn't be putting down a cap cost reduction. Roll that $1600 into your payment.

    2001 Prelude Type SH, 2017 Pilot Touring AWD, 2019 Tacoma TRD Sport 4WD

  • kyfdxkyfdx Posts: 134,147
    So my questions are:

    1) Is this lease correct?
    a) Is the Bank Fee supposed to be added before the Cap Cost?
    The bank fee is added on to the selling price to get the gross CAP cost.. That's normal
    b) If I'm paying $1,648.79 in Cap Cost Reduction, shouldn't the Cap Cost be $32966.21?
    The actual net CAP cost is $32,966.21... They just have a convoluted way of showing the figures..
    c) Is Cap Cost Reduction a taxable item up front?
    Anything paid upfront, that would be taxable if rolled into the lease is taxed. Otherwise, people would make $5000 CAP cost reductions to avoid taxes.

    2) Can I do better? There are some good advertised deals in the LA Times, but those are for 10000 miles per year.
    On a $40K car, 10K leases are only $17/mo. less than 12K leases. Can you do better? Not sure what the incentives are on a Z4.. If you are happy with the selling price, then there isn't a lot more room

    3) Is the Bank Fee really $825? I've been quoted lower from other dealers.
    As nyccarguy noted, the base fee is $625.. the dealer is marking it up by $200, which is the maximum allowed. That adds about $9/mo. to your payment.

    4) Is the Money Factor .00235? I've seen places where it is .0021 but I'm not sure if that is for "repeat customers"
    The base MF is .0022 for returning customers or those making a security deposit. The bump for no security deposit is .00015, making the total .00235.. So, you are getting the base rate, but would be better off making a $400 security deposit and getting .0022

    5) Should I be concerned that it took so many attempts to get the dealer to send these numbers? I kept asking, and they said "just come in and we'll show you". Are these Lease Worksheets so sacred to them??
    Most dealers don't like the buyer to get into all the minutiae, because then they start obsessing over $200 upcharges, instead of focusing on the bottom line. So.. be concerned a little, but realize that some dealers consider their inside info "sacred".

    The lease is structured pretty well.. With some tweaks (not making a CAP reduction, making a security deposit, etc.), it could be very good.

    What you really need to know? What are the current incentives on the Z4, and what is the invoice price of the unit you are looking at? If your selling price = (Invoice - dealer incentive + $1000), then you have a darn good lease deal with a little adjusting, even with the bumped up bank fee.

    Hope that helps..
    kyfdx
    Host-Prices Paid Forums

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 134,147
    Try it this way..

    $34,615 CAP cost (no reduction)
    $450 security deposit
    .0022 MF (lowered by security deposit)
    Due at signing = $1161 (no cap red, no tax on cap red, add sec.dep)
    Payment = $412.12/mo.+tax = $446.12/mo.

    You pay 68.29/mo. X 24 mo. = $1641 more over life of lease.

    But, you pay $1339 less upfront and get $450 security deposit back at end of lease, for a total of $1789 less.. NET SAVINGS = $148

    If you can knock the selling price down any, you'll save about $4.75/mo., for every $100 less you pay for the car..

    Good luck!

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dantmdantm Posts: 15
    So my 2006 Z4 lease is coming to an end this summer (3 months). BMW sent me info w.r.t. different options but they won't allow me to discuss re-lease terms with them prior to 60 days before lease end (apparently because of changing residuals and money factors).

    I had some questions for the group:

    (1) is there anywhere where I could find the ballpark numbers for my car (i.e. if my lease was ending today or in 1-2 months, what would be the numbers I'd be looking at;

    (2) do they let me keep the miles if I'm under or they re-set to 0 upon the start of the new lease (i.e. if I used 15K of a 20K lease and I renew for a 20K lease, will I end up with 25K?).

    (3) in general are re-lease options a good idea?

    Any other thoughts please let me know. I had a great deal on my 2006 and I would not mind keeping it for another ~2 years.

    Thanks!!
  • joasavjoasav Posts: 2
    Hello Car_Man, Kyfdx,

    I have a dilemma. I am going to the dealer to close the deal tomorrow but don't know if I am getting the best deal.
    This is the first time I am leasing a car and I am almost come to my end in getting my Z4 3.0si. I also figure I would go with 12k miles.

    Any help on reducing the money factor or anything else to lower the monthly payment would be appreciated.

    Thanks

    South Florida - BMW Fort Lauderdale
    MSRP $50,200 (INCLUDES AUTO, PREMIUM & SPORTS PKG, XENON LIGHTS, BLACK LEATHER SEATS, M SPORTS SEATS, JET BLACK WITH BLACK AUTO SOFT TOP).
    END OF JUNE DISCOUNT $6,225
    NEGOTIATED PRICE $43,975
    TERM : 24 MONTHS
    RESIDUAL VALUE 73%
    MONEY FACTOR : .00215
    MILES : 10,000 PER YEAR

    LEASE PAYMENT : $359.00
    TAXES 6% $21.54
    TOTAL MONTHLY PAYMENT : $380.54

    DOWN PAYMENT $2,500
    BANK FEES $625
    SALES TAXES $700
    SECURITY DEPOSIT $400
    TAG $250
    1ST PAYMENT $359
    TOTAL DUE ON DELIVERY DAY $4,834
  • erdoranerdoran Posts: 62
    http://www.bimmerfest.com/forums/showthread.php?t=290404
    And read the sticky on MSDs (multiple security deposits) - do those instead of a down payment
  • Hi joasav. Erdoran is right. You would be much better off making multiple security deposits on the Z4 that you are interested in leasing than a $2,500 down payment. Unlike a down payment which is just gone, you actually get the security deposits back at the end of your lease. Each additional deposit that you make reduces your car's month factor by .00007.

    The money factor that you were quoted looks good, assuming that you are having the security deposit waived. The selling price that you are being given on this car looks good, too. There is around a $4,000 spread between its full MSRP and dealer invoice price. Add to that the $3,000 dealer cash that is available on it and there's a total of $7,000 to work with. So you're at around $700 over invoice.

    Other than the down payment, this looks like a good deal to me.

    Car_man
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  • nazgul1nazgul1 Posts: 1
    Hi Car_Man and Kyfdx,

    I am in the process of leasing a Z4 and could really use some advice. This is my first time leasing a car and despite all the online research I've done, I'm still not sure whether I'm getting a good deal. Here are the details of the deal I'm getting:

    MSRP: 44,350
    Invoice: 41,535
    Selling Price: 39,635
    Bank Fee: 825

    Down payment: 2500 (this is negotiable, i can change this to whatever i want)

    Net Cap: 37,960
    Tax: 8.5% = 217
    License & Reg: 327.75
    Doc Fee: 55
    Security deposit: 500 (i can increase this to 8 times the sec dep and get the corresponding .0007 decrease in money factor per deposit)
    Term: 36 month
    Mileage: 10000
    Residual Factor: 63%
    Money Factor: .0022

    Lease payment: 459.28.

    Does this sound about right? Also, is the selling price around what you would expect or can I still negotiate a lower rate?
  • hannabhannab Posts: 25
    You did not say if this was a coupe or convertible, however, from the 63% residual it must be a convert.
    I am also looking at a Z4. There is currently a manufacturer to dealer incentive of $3000 on this car, so your selling price of $1900 below invoice or $1100 above dealer cost is fair. However, the current BMWFS base MF rate on this car is .00200, so your dealer is marking it up .0002, which BMWFS allows them to do, but in this soft market (that is why there is $3000 "trunk money") you should not have to accept. Also, the BMWFS bank fee is $625, so your dealer is marking that up $200, also allowed, but in this soft market, do not accept it. Otherwise it seems to me a fair deal for both you and the dealer.

    IMHO, do not put the $2500 down payment, use that money to give multiple security deposits to get a MF lower than the base rate of .002.

    Good luck.
  • Hi nazgul1. You never mentioned exactly what model Z4 you are interested in, but assuming that it is the 3.0i roadster the selling price that you were quoted looks pretty good to me. It is really equivalent to around $800 over invoice after the $2,500 dealer cash and $200 acquisition fee mark-up that the dealer is making are taken into account. Just make sure that the dealer that you are working with uses BMW Financial Services' buy rate lease money factor of .00200 to calculate your car's monthly payment instead of the slightly marked-up one that you mentioned.

    Car_man
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  • Hello, I just signed my lease on a 2008 Z4. Will hopefully pick it up tomorrow. I am posting my numbers here since this site was so helpful to me. Feel free to critique the deal but please be kind to the newbie. I cut and pasted the earlier post substituting my numbers for ease of comparision.

    Columbus Ohio MAG BMW
    MSRP $41,950 (INCLUDES AUTO, SPORTS PKG, XENON LIGHTS, HEATED SEATS, ETC).
    NEGOTIATED PRICE $37,325
    TERM : 36 MONTHS
    RESIDUAL VALUE 63%
    MONEY FACTOR : .00116
    MILES : 10,000 PER YEAR

    LEASE PAYMENT = $337.79
    TAXES 6.75% = $22.80
    TOTAL MONTHLY PAYMENT = $360.59

    DOWN PAYMENT $2,500
    BANK FEES $925
    SALES TAXES $818.67
    SECURITY DEPOSIT $2800 = (7*400)
    TAG $86.50
    1ST PAYMENT $360.59
    TOTAL DUE ON DELIVERY DAY $5966.83

    Total on delivery is high since I paid both a down payment and 7 fold MSD. The MSD reduced total cost by $1100. I could not negotiate the down payment away since they used that to underwrite the low monthly rate, intially advertised on the BMW website at $349+tax for the base model. On Oct 28, 2008 that base rate went up to $399+tax, so I believe them when they said I had to finish this deal by the end of this month, on Halloween.
  • Congratulations on getting your new Z4, bigmoneywasted. Thanks for taking the time to share the details of your lease with everyone. If you'd like, you can also hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride :shades: !

    Car_man
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  • Hello Car_man,

    Do you have the residual and money factor for 08 Z4 si 36 mo 15K miles? I am trying to validate numbers a dealer is giving me. Here's what I have gotten from him so far:

    Negotiated price - 43,500 (includes metallic paint, premium, sport, nav, steptronic, heated seats and zenon headlights)

    Dealer says MSRP is 50750. That only makes sense if nav is not in the car. I get 52550 MSRP and 48380 invoice from this site,.for the options listed.

    Dealer says payment will be 578 incl tax based on 60% residual 30450. and 2.3 mf from BMW financial. He says I am getting loyalty discount on car but doesn't say what that equates to. The 2.3 is also not making sense. They show purchase apr of 2.9 which would result in different mf rate, provided that is the basis.

    Hopefully you can help, my current lease is up this month Z4 i and I would be paying 20 dollars more than I pay now for my 2006 if the payment amount is correct and the car is new with more options, but I just can't get the numbers to work in lease calculator.

    Thanks in advance
  • :D Okay, I got one; another one that is. I am set to return 2006 Z4 3.0i in 3 weeks, so I went out today and got my new one 2008 Z4 3.0si. I would've gone for the "M" but I drive in too much stop and go So Calif traffic to contend with the manual transmission. This has been a great car for those of you who are wondering. Here's the deal I got today:

    Thousand Oaks, Ca - RusnakBMW
    Space Gray (options metallic paint, premium, sport, steptronic, heated seats, xenon lights, and M sport seats)

    MSRP 51,250
    Negotiated Price 43,500
    Residual Value 60% 30,750
    Money Factor: . 00230
    Miles: 15,000
    Term 36 months

    Lease Payment = 526.30
    Tax 8.25% = 43.42
    Motnhly Pay = 569.72

    Down Payment 0.00
    Sec Deposit 0.00
    Bank Fees 925.00
    Tax on Bank Fee 76.31
    License Fee 358.00
    CA Tire Fee 8.75
    1st Payment 569.72

    Total Drive off 1937.78
  • Hi choosinu. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 BMW Z4 3.0si roadster with 15,000 miles per year are .00230 and 60%, respectively. As you can see, these numbers are in line with what the dealer quoted you. A money factor of .00230 is equivalent to an interest rate of around 5.5%. That's the going rate for a lease of this model right now. Manufacturers frequently charge different interest rates for leases and loans on the same vehicle.

    Car_man
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  • I just heard that BMW has released the 2009 Z4 roadster. Does anyone know what the MSRP will be and what I might expect to pay to lease one.
  • Hello all,

    Lately I've gotten the sports car itch. I was looking at taking over a lease for 600/mo. I also have to pay a transfer free of 500 and a end lease fee of 300. I was wondering what all could be negotiated when it comes to taking over a lease? Could I negotiate the payment or is that locked in by the financing company?

    I'm assuming I could get the seller to pay the fees, or at least one of the two. I've never done anything like this so I'm a wee bit lost.
  • Hi mortal1. Of course, I don't know how the particular car that you are interested in is equipped, but $600 per month seems like a lot of money for a BMW Z4. Have you compared the cost of leasing a new one with the cost of this assumption. You may find that going with the assumption doesn't make financial sense.

    The payment on the lease that you are considering assuming was set by BMW Financial Services, or whichever bank it is being leased through long ago. It cannot be altered, but people who are interested in assuming leases are often able to negotiate some sort of kickback from the individual who wants to get out of their lease, ssuch as "OK, I'll assume your lease but you have to throw in a grand and pay all of the fees."

    Car_man
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  • I am looking at a new Z4 i convertible with premium and many features but no sport. Sticker is $43,700 and I get the same number when I add up the features on Edmunds.

    Dealer offered $4,000 off the sticker right up front. This gets it to $39,550 which is under Edmunds invoice best as I can tell.

    36 month 15k lease would be MF .003 with 60% residual

    I see a November posting with a MF of .0023 for a 36/15 with 60%. Is this still valid?

    I see the $3,000 dealer incentive in November, is this still valid?
  • Hi jcginTX. On November 1st, BMW provided dealers with a $5,000 final dealer cash payment on any 2008 Z4 3.0i roadster units that they reported as sold. There is a good chance that any Z4s that are still sitting around received that cash. I definitely think that you can do better than a $4,000 discount on this car right now.

    The lease program that you were quoted for this car is way out of whack as well. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Z4 3.0i roadster with 15,000 miles per year are .00150 and 60%, respectively for returning customers or new ones that pay a security deposit at lease signing. New customers can have their security deposit waived in exchange for a .00015 increase in the money factor that is used to calculate their monthly payment.

    Car_man
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  • roadster7roadster7 Posts: 3
    I am interested in leasing a 2009 BMW Z4 35i. What is the rate and residual? Thanks!
  • roadster7roadster7 Posts: 3
    Have the lease rate and residual rates been released for the new Z4 35i hardtop convertible?
  • Hi roadster7. Here's the info that you're looking for. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Z4 3.5i with 15,000 miles per year are .00280 and 52%, respectively. BMW is not currently providing lease support on the new Z4, which is beautiful btw. The money factor that I mentioned is BMW FS' standard rate. It may vary some by region.

    Car_man
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  • Yes they have, roadster7. Please see my previous post for the information that you are looking for. Good luck in your negotiations and make sure to let us know how everything turns out or if you have any other questions.

    Car_man
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  • roadster7roadster7 Posts: 3
    Thank you!!
  • You're very welcome, roadster7.

    Car_man
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  • Greetings Car_man.

    I'm back again. My lease on my 06 Z4 expires next month. I'm wanting to lease an 09 Z4 but am wondering if I should wait a year before doing so. Do you know the current/if any lease rates on the new Z4. Any advice would be great!!

    Keith
  • Greetings Keith. For August BMW unexpectedly enhanced its lease program on the 2009 Z4. Even with this enhancement, the redesigned Z is much, much more expensive then the one that you leased a couple of years ago.

    BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Z4 3.0 with 15,000 miles per year are .00125 and 56%, respectively.

    You never mentioned what trim level, term, or mileage allowance you are interested in, so I had to make some assumptions. Let me know if you want something different.

    Car_man
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  • hkyhky Posts: 71
    I am wondering if it is possible to lease a z4 for a shorter term. BMW site term is 30 months. Is it possible to lease it for 24months or 18 months. What should I look out for if there is such a way.

    Thanks
  • My 2007 Z4 M Coupe lease was for 24 months so I know you can do that short.
  • Need some advice for my daughter who's contemplating buying her leased 2007 Z4 with about 24,000 miles after the Dealer Certifies it as a Certified Pre-Owned. Quoting her residual @ $34,000, but will sell around $29,000 plus $1300 cost of the Certification.

    rbsb11
  • Hi hky. Technically it is possible to lease a Z4 for less than 30 months, say 24 months. However doing so is not a good idea. BMW is providing the most lease support on 30 month terms. Its buy rate lease money factor for that term is an extremely attractive .00050. If you were to lease an '09 Z4 3.0 for 24 months, its money factor would nearly triple to .00125.

    Car_man
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  • Hi Carman,

    Do you have the October lease rate (money factor) for a 30 month lease for a 2009 Z4 (both models).

    Thank you,
    Bruce
  • When BMW financing provides a lease offer, is it possible to alter that offer slightly? For example, the current leasing offer for the Z4 stipulates a $3000 down payment with approximately $4600 due at lease signing. I would like to put only $2000 for the down payment and I'm wondering if this is possible. I'm aware of the fact that the montly pament will increase (about $30 more a month).

    I've heard that some lease deals cannot be altered. Any info would be helpful.

    Thanks.
  • kyfdxkyfdx Posts: 134,147
    Sure you can... those lease examples are usually structured to make the monthly price seem low...

    But, you can structure it any way you want... On my last lease, I only paid 1st payment and registration fees up front.. ($XXX + $114).

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • I certainly do, Bruce. BMW Financial Services' October buy rate lease money factor and residual value for a 30 month lease of a 2009 Z4 3.0 with 15,000 miles per year are .00115 and 63%, respectively.

    The numbers for an otherwise identical lease of an '09 Z4 3.5 are .00090 and 63%, respectively.

    Car_man
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  • I am turning in a 2008 528i in Northern California and looking at a 328i convertible or a Z4 30i.
    Do you have current MF and residuals on 2010 Z4 30i ?
    36mth 10,000 mile
    36mth 12,000 mile
    24mth 10,000 mile
    24mth 12,000 mile
    Any particular incentives or deals on the car that I should be aware of? Thanks.
  • just an FYI to everyone out there.

    I just picked up a remaining 2009 Z4 35i. There is an amazing 29 mo lease program for November.

    60,500 msrp
    3000 bmw cash
    12k/29 mo
    mf .0007
    res 65%

    $2500 due
    $550/mo
  • A bit ago, probably about a month or so (October 10th or just about then) I helped my friend get him a 2009 BMW Z4 30i. MSRP $50,600.

    When all was said and done, he ended up with $499/month inc. CA 9.75% tax/title/reg with $1,000 driveoff (including first month's, dealer fees, and anything else you can think of.)

    The term limits are:
    10k/yr
    30 month lease

    Just wanted to know if I did a decent job for my friend or not. If you need any other info, I'll deliver it.
  • Hi mackeys. Here's the information that you're looking for. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2010 Z4 3.0i with 12,000 miles per year are .00250 and 64%, respectively.

    The numbers for an otherwise identical 36 month lease are .00250 and 57%.

    If you were to lease this car with only 10,000 miles per year, its residual values would be 1% higher.

    When negotiating your lease on this car, make sure to take the $1,500 holiday credit that BMW is providing on it into account.

    Car_man
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  • Congratulations on getting your new Z4, narcolo. Thanks for taking the time to share the details of your lease with everyone. As I'm sure you know, real-world examples like this are always helpful for people who are in the market.

    Say, if you haven't already you may want to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others as well.

    Thanks again and enjoy your new ride :shades: !

    Car_man
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  • mowermower Posts: 18
    MSRP 51,200 INVOICE 47,500 Here is my question:.

    When using the basic lease form from Edmounds, do I subtract the $1500 HC and the $1,700 dealer assistance ($3,200) from the invoice price of $47,500 and then add back in $500 for the dealer? ($44,800 selling price)

    If this is not correct, please explain where these discounts should go so I can discuss a price with the local dealer. Thanks much Carman. Art
  • mowermower Posts: 18
    I am still confused. I see some writers taking the monies off the MSRP instead of the INVOICE cost. I am trying to order a BMW during the promotion period. HELP.

    Thanks.

    Mower
  • Hi mower. The $1,500 cash incentive that is currently available on the 2010 Z4 comes out of BMW's pocket and has nothing to do with the dealer.

    When negotiating a lease on the Z4 that you're interested in, either shop around for the lowest possible selling price before any incentives are deducted stipulating that the $1,500 will be subtracted from that

    OR

    Figure out exactly how much you want to pay for this car, taking the $1,500 into account, before visiting dealers and use that as your target price.

    Either way, you should be able to negotiate an attractive dealer discount before the deduction of any BMW-sponsored cash incentives.

    Car_man
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  • mowermower Posts: 18
    Hello Car-man:

    Thanks for the answer to my questions. I will let you know if I make the purchase by 1/04/10. Take care and happy holidays. Mower
  • Ok here is what the Dealer is offering.

    09 BMW Z4 sDr35i 3.0 Roadster, premium package, exclusive ivory white extended leather, 18" wheels with run flat, 7 speed double clutch auto transmission, deep sea blue metallic paint. 1100 miles, new.

    MSRP $60,025.00
    sell price $52,552.00
    rebate $3000.00
    net cap cost $50,474.62
    Residual $39,016.25
    mileage 12,000
    Residual 65%
    Money factor .00135
    Total OTD payment $2000.00
    Monthly payment $515.93
    Term 29 months

    Can I get an opinion on this as soon as possible??? We have the car to use for Sunday but need to make a decision on Monday.
  • kyfdxkyfdx Posts: 134,147
    That looks like a great deal on a $60K car...

    Don't know where you live, but a 29-month lease on a convertible gets you three winters and only two summers... Of course, if you are in Houston, Miami or SoCal, that's no big deal..

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Close to Houston in Austin Texas. One month of winter per year. My wife is not sure about it because it doesn't have seat warmers or satellite radio!
  • well we did not pull the trigger on it. My wife appears to like the Acura better. If anyone wants that deal in Austin Texas it seems like a great deal to me.
This discussion has been closed.