|
|
SUPPORT ZPOST BY DOING YOUR TIRERACK SHOPPING FROM THIS BANNER, THANKS! |
Post Reply |
|
Thread Tools | Search this Thread |
10-04-2007, 10:30 PM | #1 |
New Member
1
Rep 22
Posts |
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 |
10-05-2007, 06:47 AM | #2 |
Private First Class
6
Rep 142
Posts |
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... |
Appreciate
0
|
10-05-2007, 07:21 AM | #3 | |
Colonel
294
Rep 2,496
Posts |
Quote:
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
__________________
|
|
Appreciate
0
|
10-05-2007, 08:11 AM | #4 |
Private
0
Rep 57
Posts |
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.
|
Appreciate
0
|
10-05-2007, 08:17 AM | #6 |
Private
0
Rep 57
Posts |
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.
|
Appreciate
0
|
10-05-2007, 10:27 AM | #7 |
Brigadier General
2063
Rep 4,365
Posts
Drives: '07 Z4 Coupe, '21 X3, '16 GMC
Join Date: Aug 2007
Location: Iowa
|
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.
__________________
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 |
Appreciate
0
|
10-05-2007, 12:50 PM | #9 |
New Member
0
Rep 5
Posts |
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! |
Appreciate
0
|
10-05-2007, 01:28 PM | #10 |
Brigadier General
2063
Rep 4,365
Posts
Drives: '07 Z4 Coupe, '21 X3, '16 GMC
Join Date: Aug 2007
Location: Iowa
|
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 |
Appreciate
0
|
10-05-2007, 01:39 PM | #11 |
Lieutenant General
3834
Rep 15,131
Posts |
__________________
IG: Trackinheels
|
Appreciate
0
|
10-05-2007, 01:46 PM | #12 |
Lieutenant General
3834
Rep 15,131
Posts |
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
|
Appreciate
0
|
10-05-2007, 05:46 PM | #13 |
New Member
0
Rep 5
Posts |
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.
|
Appreciate
0
|
10-05-2007, 05:52 PM | #14 | |
Private First Class
6
Rep 142
Posts |
Quote:
|
|
Appreciate
0
|
10-08-2007, 12:37 AM | #15 |
New Member
1
Rep 22
Posts |
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 |
Appreciate
0
|
10-10-2007, 04:26 AM | #16 |
Lieutenant
23
Rep 456
Posts |
This is what I'm looking for -
$13,000 off MSRP and the MF buy rate. I know it can happen
__________________
2008 E92 335i Space Grey Coral Rep SOLD
2011 Cadillac CTS-V CURRENT Juan Barnett, Founder, dcautogeek.com T: @DCAutoGeek juan@dcautogeek.com |
Appreciate
0
|
10-10-2007, 04:47 AM | #17 |
My favorite sign.
169
Rep 4,338
Posts |
I don't get the whole lease thing.
Why wouldn't you just buy it? I wanna keep mine forever!
__________________
|
Appreciate
0
|
10-10-2007, 08:03 AM | #18 |
Lieutenant
23
Rep 456
Posts |
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 |
Appreciate
0
|
10-10-2007, 11:21 AM | #19 | |
Brigadier General
2063
Rep 4,365
Posts
Drives: '07 Z4 Coupe, '21 X3, '16 GMC
Join Date: Aug 2007
Location: Iowa
|
Quote:
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.
__________________
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 |
|
Appreciate
0
|
10-10-2007, 12:40 PM | #20 |
Lieutenant General
3834
Rep 15,131
Posts |
people who lease have commitment issues
k thanks bye
__________________
IG: Trackinheels
|
Appreciate
0
|
10-10-2007, 12:46 PM | #21 |
New Member
0
Rep 21
Posts |
|
Appreciate
0
|
10-10-2007, 02:58 PM | #22 |
My favorite sign.
169
Rep 4,338
Posts |
Who wants a newer model when you have the perfect car?
__________________
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|