2007 Z4 M Coupe lease

dnjgetz · 10-04-2007, 10:30 PM

Just arranged the following lease, havent pulled the trigger, however it is 11k off MSRP, 579$ mo/24 mos/20k miles, 2900 out of pocket. The payment includes tax. Anythought would be greatly appreciated.
Thanks,
-Getz

Irish Bimmer · 10-05-2007, 06:47 AM

Ask the dealer for the mf and the residual. I've been searching for some concrete information as to what the residuals and mf are for this month. I know the base rate on a 24 mo. last month was .00275 and the residual was 65% for 12k miles a year - so you should be at ~ 67 or 68% for only 10k miles a year.

From what it sounds like, you negotiated a good deal off msrp but they are making money back on the mf or some other portion of the deal. The monthly payment just seems a little high with that much money off and with another $3000 out of pocket on top of that...

Good luck and report back with any updates...

Buschy · 10-05-2007, 07:21 AM

Quote:

Originally Posted by dnjgetz

Just arranged the following lease, havent pulled the trigger, however it is 11k off MSRP, 579$ mo/24 mos/20k miles, 2900 out of pocket. The payment includes tax. Anythought would be greatly appreciated.
Thanks,
-Getz

sounds about right, BUT, why put 2900 dwn? you should be able to not put anything dwn and be right at 700$ mth 24mths.
I would also think that you can get another $2k off the price.

Also depends on the car. that is what I was at for a z4M roady, with premium nav and heat, msrp $59k

bmarvin81 · 10-05-2007, 08:11 AM

this is a perfect thread. i was about to head to the dealer at lunch and have this very discussion regarding a z4m coupe that has been sitting on their showroom forever that i have been lusting after and all this crazy talk about trunk money has got me thinking about a second car (my wife is going to kill me) cant wait to see what it ends up being.

Kjazz · 10-05-2007, 08:14 AM

Does everyone Lease?

bmarvin81 · 10-05-2007, 08:17 AM

not sure, but go i go through cars every year and a half to two years and its a scary proposition to think that the market will dictate how much your car is worth and i travel alot so dealing with selling it to a private buying is out of the question because i'm never in town so after its all said and done leasing is cheaper for me because i'd have to trade my car in which i use to always get raped on (learned that the hard way (3 cars later)). But thats just for me, for others it might be different but i like the spice of life.

Hawkeye · 10-05-2007, 10:27 AM

Quote:

Originally Posted by Kjazz

Does everyone Lease?

I buy outright... I can't seem to stay under a certain mileage so it is cheaper for me. Plus I like to own my cars.

BMWJZ4 · 10-05-2007, 11:56 AM

Quote:

Originally Posted by Kjazz

Does everyone Lease?

i lease but not a z4m coupe..i have a 3.0i roadster....

jseely · 10-05-2007, 12:50 PM

I was able to score a payment of 530 a month (tax included), 1k out of pocket on a 2 year, 10k mile lease with a 66% residual (36-37k or so, I don't have the paperwork in front of me). Seems like a pretty solid deal.

I negotiated the cost of the car down to $43,500 - fully loaded 2007, interlagos blue, so it would have been an awesome purchase, but I'm self employed so the lease writeoff is nice. Plus, if I decide to buy, the residual is pretty reasonable and I will have still made off with a decent discount.

Amazing deals are out there right now, good luck!

Hawkeye · 10-05-2007, 01:28 PM

You got an M Coupe to 43,500 loaded? That is an amazing deal. I wish I was a better haggler.

F87LUV · 10-05-2007, 01:39 PM

Quote:

Originally Posted by Hawkeye

You got an M Coupe to 43,500 loaded? That is an amazing deal. I wish I was a better haggler.

F87LUV · 10-05-2007, 01:46 PM

Ok guys, I have a serious question... i owe 54k on my finance... if i go into bmw and try to get a zmc LEASE.. how ridiculous would my payment be? its an 07 with 8k miles, fully loaded. Im already paying $1100/mo

jseely · 10-05-2007, 05:46 PM

Quote:

Originally Posted by Hawkeye

You got an M Coupe to 43,500 loaded? That is an amazing deal. I wish I was a better haggler.

They REALLY wanted to move this car. It's been sitting there for a long time. The very first day of negotiating with them I was at 7640 under invoice. That was three weeks ago when the incentive was 5k.

Irish Bimmer · 10-05-2007, 05:52 PM

Quote:

Originally Posted by jseely

I was able to score a payment of 530 a month (tax included), 1k out of pocket on a 2 year, 10k mile lease with a 66% residual (36-37k or so, I don't have the paperwork in front of me). Seems like a pretty solid deal.

I negotiated the cost of the car down to $43,500 - fully loaded 2007, interlagos blue, so it would have been an awesome purchase, but I'm self employed so the lease writeoff is nice. Plus, if I decide to buy, the residual is pretty reasonable and I will have still made off with a decent discount.

Amazing deals are out there right now, good luck!

What is your money factor? Without a doubt you did a good job negotiating. Also, what was the otd price (taxes included, fees, etc.)? With that high of a residual you aren't paying but ~$9,000 over the next two years. Which makes me wonder what your mf is.

dnjgetz · 10-08-2007, 12:37 AM

Pulled the trigger today, and am now the proud owner of a Z4 M Coupe, black, with premium package. Man, what a fun car. Thanks for all your help.
-Getz

valdeztke · 10-10-2007, 04:26 AM

This is what I'm looking for -

$13,000 off MSRP and the MF buy rate. I know it can happen

Dammmittt · 10-10-2007, 04:47 AM

I don't get the whole lease thing.

Why wouldn't you just buy it? I wanna keep mine forever!

valdeztke · 10-10-2007, 08:03 AM

Hmmm lets see -

Have a 803.00 month payment or have a 450.00 month payment and get to have a new model when they are out in two years ....

Yeah................

Hawkeye · 10-10-2007, 11:21 AM

Quote:

Originally Posted by valdeztke

Hmmm lets see -

Have a 803.00 month payment or have a 450.00 month payment and get to have a new model when they are out in two years ....

Yeah................

Hmmm, lets see. I can drive 30,000 miles a year and still pay $650 a month. You try and drive 30,000 miles a year on a 20,000 mile lease and we'll see who is paying more.

This is my primary vehicle and I travel a lot (plus I commute to work) I sure think buying is a much better deal than leasing.

Plus I am driving MY car, not just "renting" it from someone.

F87LUV · 10-10-2007, 12:40 PM

people who lease have commitment issues

k thanks bye

8000RPM · 10-10-2007, 12:46 PM

Quote:

Originally Posted by valdeztke

This is what I'm looking for -

$13,000 off MSRP and the MF buy rate. I know it can happen

Yes it can - Go get 'em!

Dammmittt · 10-10-2007, 02:58 PM

Who wants a newer model when you have the perfect car?

10-04-2007, 10:30 PM	#1
dnjgetz New Member 1 Rep 22 Posts Drives: 2007 335 xi with prem/sp/cwp Join Date: Oct 2007 Location: spokane wa iTrader: (0)	2007 Z4 M Coupe lease Just arranged the following lease, havent pulled the trigger, however it is 11k off MSRP, 579$ mo/24 mos/20k miles, 2900 out of pocket. The payment includes tax. Anythought would be greatly appreciated. Thanks, -Getz
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10-05-2007, 06:47 AM	#2
Irish Bimmer Private First Class 6 Rep 142 Posts Drives: M Coupe Join Date: Oct 2007 Location: Jax, FL iTrader: (0)	Ask the dealer for the mf and the residual. I've been searching for some concrete information as to what the residuals and mf are for this month. I know the base rate on a 24 mo. last month was .00275 and the residual was 65% for 12k miles a year - so you should be at ~ 67 or 68% for only 10k miles a year. From what it sounds like, you negotiated a good deal off msrp but they are making money back on the mf or some other portion of the deal. The monthly payment just seems a little high with that much money off and with another $3000 out of pocket on top of that... Good luck and report back with any updates...
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10-05-2007, 08:11 AM	#4
bmarvin81 Private 0 Rep 57 Posts Drives: '07 E92 335, '06 FX45 Join Date: Aug 2007 Location: Dallas,TX iTrader: (0) Garage List 2007 335i [0.00]	this is a perfect thread. i was about to head to the dealer at lunch and have this very discussion regarding a z4m coupe that has been sitting on their showroom forever that i have been lusting after and all this crazy talk about trunk money has got me thinking about a second car (my wife is going to kill me) cant wait to see what it ends up being.
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10-05-2007, 08:14 AM	#5
Kjazz Registered 0 Rep 4 Posts Drives: 2006 Z4 Coupe 3.0si Join Date: Oct 2007 Location: Sterling, VA iTrader: (0)	Does everyone Lease?
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10-05-2007, 08:17 AM	#6
bmarvin81 Private 0 Rep 57 Posts Drives: '07 E92 335, '06 FX45 Join Date: Aug 2007 Location: Dallas,TX iTrader: (0) Garage List 2007 335i [0.00]	not sure, but go i go through cars every year and a half to two years and its a scary proposition to think that the market will dictate how much your car is worth and i travel alot so dealing with selling it to a private buying is out of the question because i'm never in town so after its all said and done leasing is cheaper for me because i'd have to trade my car in which i use to always get raped on (learned that the hard way (3 cars later)). But thats just for me, for others it might be different but i like the spice of life.
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10-05-2007, 12:50 PM	#9
jseely New Member 0 Rep 5 Posts Drives: 2002 ///M Coupe Join Date: Sep 2007 Location: CA iTrader: (0)	I was able to score a payment of 530 a month (tax included), 1k out of pocket on a 2 year, 10k mile lease with a 66% residual (36-37k or so, I don't have the paperwork in front of me). Seems like a pretty solid deal. I negotiated the cost of the car down to $43,500 - fully loaded 2007, interlagos blue, so it would have been an awesome purchase, but I'm self employed so the lease writeoff is nice. Plus, if I decide to buy, the residual is pretty reasonable and I will have still made off with a decent discount. Amazing deals are out there right now, good luck!
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10-05-2007, 01:28 PM	#10
Hawkeye Brigadier General 2070 Rep 4,365 Posts Drives: '07 Z4 Coupe, '21 X3, '16 GMC Join Date: Aug 2007 Location: Iowa iTrader: (0) Garage List 2016 GMC Sierra SLT [10.00] 2008 Yamaha R6 [9.00]	You got an M Coupe to 43,500 loaded? That is an amazing deal. I wish I was a better haggler. __________________ 2007 Z4 3.0si Coupe • 6 MT • Black Saphire Metallic • PP • SP 2016 GMC Sierra SLT Z71 Premium Plus 4x4 2017 Harley StreetGlide • Denim Black • V&H Tune 2021 BMW x30i • Phytonic Blue Metallic • Fully loaded
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10-05-2007, 01:46 PM	#12
F87LUV Lieutenant General 3689 Rep 15,081 Posts Drives: '16 M2, '23 GT4 Join Date: May 2007 Location: NJ iTrader: (4) Garage List 2023 Porsche GT4 [5.00] 2016 BMW M2 [8.66]	Ok guys, I have a serious question... i owe 54k on my finance... if i go into bmw and try to get a zmc LEASE.. how ridiculous would my payment be? its an 07 with 8k miles, fully loaded. Im already paying $1100/mo __________________ IG: Trackinheels
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10-08-2007, 12:37 AM	#15
dnjgetz New Member 1 Rep 22 Posts Drives: 2007 335 xi with prem/sp/cwp Join Date: Oct 2007 Location: spokane wa iTrader: (0)	Pulled the trigger today, and am now the proud owner of a Z4 M Coupe, black, with premium package. Man, what a fun car. Thanks for all your help. -Getz
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10-10-2007, 04:26 AM	#16
valdeztke Lieutenant 22 Rep 456 Posts Drives: 2008 GTI Join Date: May 2006 Location: Virginia iTrader: (0)	This is what I'm looking for - $13,000 off MSRP and the MF buy rate. I know it can happen Attached Images __________________ 2008 E92 335i Space Grey Coral Rep SOLD 2011 Cadillac CTS-V CURRENT Juan Barnett, Founder, dcautogeek.com T: @DCAutoGeek juan@dcautogeek.com
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10-10-2007, 04:47 AM	#17
Dammmittt My favorite sign. 169 Rep 4,333 Posts Drives: 2007 M Coupe Join Date: Dec 2006 Location: Der Autobahnen iTrader: (0)	I don't get the whole lease thing. Why wouldn't you just buy it? I wanna keep mine forever! __________________ 07 ///M Coupe (Premium Package) Black Saphire Ext. Imola Red Int. Best Website EVER!
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10-10-2007, 08:03 AM	#18
valdeztke Lieutenant 22 Rep 456 Posts Drives: 2008 GTI Join Date: May 2006 Location: Virginia iTrader: (0)	Hmmm lets see - Have a 803.00 month payment or have a 450.00 month payment and get to have a new model when they are out in two years .... Yeah................ __________________ 2008 E92 335i Space Grey Coral Rep SOLD 2011 Cadillac CTS-V CURRENT Juan Barnett, Founder, dcautogeek.com T: @DCAutoGeek juan@dcautogeek.com
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10-10-2007, 12:40 PM	#20
F87LUV Lieutenant General 3689 Rep 15,081 Posts Drives: '16 M2, '23 GT4 Join Date: May 2007 Location: NJ iTrader: (4) Garage List 2023 Porsche GT4 [5.00] 2016 BMW M2 [8.66]	people who lease have commitment issues k thanks bye __________________ IG: Trackinheels
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10-10-2007, 02:58 PM	#22
Dammmittt My favorite sign. 169 Rep 4,333 Posts Drives: 2007 M Coupe Join Date: Dec 2006 Location: Der Autobahnen iTrader: (0)	Who wants a newer model when you have the perfect car? __________________ 07 ///M Coupe (Premium Package) Black Saphire Ext. Imola Red Int. Best Website EVER!
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