How much is a Z4 per month

JXYOO · 12-10-2009, 03:42 AM

How much does your z4 cost per month? Which options did you guys choose?

Memphis1 · 12-10-2009, 08:06 AM

http://www.bmwusa.com/Standard/Conte...MGBxfGla3OlIU=

willysp · 12-14-2009, 10:11 PM

Quote:

Originally Posted by JXYOO

How much does your z4 cost per month? Which options did you guys choose?

Mine's around $300/month. 3.5 DCT pretty loaded.

I had a trade-in and wrote a large check. Could have written a larger check and made it $0 - but were better places to put my money with BMW rates in Sept so low. Wrote another check to remodel 2 bathrooms instead.

dcs2k · 12-15-2009, 06:42 AM

Here in Singapore it costed usd175k for the s35i. a downpayment of 100k means the oustanding amount over 7 years, at the current 2.4%p.a interest rate, im paying exactly 1k a mth.

matt_435xi · 12-15-2009, 10:08 AM

Quote:

Originally Posted by sg-e89

Here in Singapore it costed usd175k for the s35i. a downpayment of 100k means the oustanding amount over 7 years, at the current 2.4%p.a interest rate, im paying exactly 1k a mth.

man, salaries in Singapore must be crazy. i always hear proffessionals out there buying overpriced cars, you guys must be making some serious coin.

jmpeace501 · 12-15-2009, 11:33 AM

I hear it's because the import tax is SO high there, as well as in Australia?

rmorin49 · 12-15-2009, 07:12 PM

Quote:

Originally Posted by jmpeace501

I hear it's because the import tax is SO high there, as well as in Australia?

Those of us in the good 'ole USA don't know how good we have it. Everytime I do an ED and see the prices in Europe for BMWs coupled with $8/gallon petrol I count my blessings!

dcs2k · 12-16-2009, 05:58 AM

import tax is 117% of the car price. Lots of other cost besides the tax, among them, a certificate of entitlement to drive the car.

Did a conversion, its costing $10/gallon of petrol here.

you guys really got it lucky in the States.

Stick Shift · 12-16-2009, 07:40 PM

Quote:

Originally Posted by JXYOO

How much does your z4 cost per month?

$0.00 plus gas.

BlueZ4AZ · 12-17-2009, 12:56 AM

Depends on way too many variables: 35i or 30i, options, negotiated sale price, down payment, interest rate, sales tax rate, finance type and loan/lease term.

Plug these in first, with the exception of the negotiated sale price and then we can give you a ballpark figure.

That way we can at least educate you on what to say when the stealership says: "What do we need to do to sell you this car today?"

mrboon · 01-28-2010, 06:08 PM

Quote:

Originally Posted by Scott'sZ4

I paid cash....... paying interest for anything is just plain stupid!!!

indeed!

Marc45 · 01-28-2010, 08:28 PM

A little over $500/mo. 35i DCT, 3 year lease, msrp ~$60k, residual around $33k

It's going to cost me around $20k for the 3 years total. I'm not sure if I'll buy the car at that point. I don't want to own a car not under warranty.

The technology keeps jumping forward and the depreciation is horrible so I figured I'd do a lease this time. Plus I won't have to sell anything if I don't want it at the end

If you can get a really low interest rate, then buying might save you some money in the long run. It really depends on what the market for the car will be in a few years.

Scott wrote: "I paid cash....... paying interest for anything is just plain stupid!!!"
I completely disagree. If you don't have the cash or if you can make more with your cash than the interest cost, then financing is a viable alternate to cash.

Marc45 · 01-29-2010, 01:17 AM

Quote:

Originally Posted by Scott'sZ4

Oh yeah.... I also forgot..... Before im making a profit above 9% investing money I have to pay tax on the earnings. So essentially I have to earn 13.5%+ before NOT paying cash and borrowing makes sense......

Hey man, I'm not arguing with you over whether or not it's prudent or responsible for someone to take a loan. That's up to the individual and their situation. I agree that taking a 9% car loan is a pretty steep price to pay.

However, I remember car makers in the past have given out financing deals at less than 1%. It doesn't take a genius to see that a few years ago you could have bought a car at an interest rate less than putting your money in a T-Bill and if the money is in an IRA, it's tax deferred too.

A blanket statement that it's always better to pay cash simply is not true.

FWIW, I am not in the finance business and have no interest in persuading anyone to borrow money.

Marc

juhap · 01-29-2010, 08:44 AM

Quote:

Originally Posted by Scott'sZ4

Marc45. Getting loans and living above your means is why the USA is stuffed beyond repair.

Getting a loan and living above your means are two completely different issues. It is only if you can't afford to pay back the loan that you are living above your means.

Quote:

Originally Posted by Scott'sZ4

Marc45. Dont buy something you cant pay cash for!!! You are throwing money away.

This discussion forum would not even exist, if everybody followed that advice. Sure, you're a lot less likely to get into financial problems if you never take a loan, but for most of us that would also mean a much more boring life.

I'm happy for you that you're loaded, but most of us are not.

JeF4y · 01-29-2010, 12:55 PM

Quote:

Originally Posted by Scott'sZ4

I paid cash....... paying interest for anything is just plain stupid!!!

Pulling $70k out of investments averaging 8% return to pay for a car that I can finance at 1.9% is just plain stupid...

Memphis1 · 01-29-2010, 04:05 PM

Quote:

Originally Posted by Scott'sZ4

I paid cash....... paying interest for anything is just plain stupid!!!

sorry mate, but this is the dumbest argument in a world wide forum. some people have a Z4 and that's all they can afford, some like you said go over their means, while some (like you, pay cash for everything, which I applaud if you can do it), and then there's some of us who represent the top 1% and still finance because the interest rates vs ROI work in our favor. rethink your generalization.

Stick Shift · 01-29-2010, 09:36 PM

Quote:

Originally Posted by Marc45

...It doesn't take a genius to see that a few years ago you could have bought a car at an interest rate less than putting your money in a T-Bill and if the money is in an IRA, it's tax deferred too...

5 year U.S. treasury notes currently yield only about 2.4% and you still have to pay federal (but not state) income tax on the interest. And IRAs are no great deal either. All the capital gains generated by your IRA will be taxed as normal income (instead of the lower capital gains tax rate) when you begin making withdrawals from your IRA.

Quote:

Originally Posted by JeF4y

Pulling $70k out of investments averaging 8% return to pay for a car that I can finance at 1.9% is just plain stupid...

I'd like to know where you can safely earn 8% these days. The U.S. stock market dropped about 7% in the past 2 weeks. My investments lost enough value in the past 2 weeks to buy another Z4.

12-10-2009, 03:42 AM	#1
JXYOO First Lieutenant 47 Rep 300 Posts Drives: E90 328i Jet Black Join Date: Dec 2007 Location: 714 Fullerton iTrader: (0) Garage List 2008 328i [0.00]	How much is a Z4 per month How much does your z4 cost per month? Which options did you guys choose?
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12-10-2009, 08:06 AM	#2
Memphis1 Lieutenant Colonel 89 Rep 1,838 Posts Drives: Z4 SDrive 35i Join Date: Oct 2009 Location: CT iTrader: (0)	http://www.bmwusa.com/Standard/Conte...MGBxfGla3OlIU= __________________
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12-15-2009, 06:42 AM	#4
dcs2k Lieutenant 55 Rep 438 Posts Drives: E92 M3 Join Date: Aug 2009 Location: Singapore iTrader: (0)	Here in Singapore it costed usd175k for the s35i. a downpayment of 100k means the oustanding amount over 7 years, at the current 2.4%p.a interest rate, im paying exactly 1k a mth.
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12-15-2009, 11:33 AM	#6
jmpeace501 New Member 2 Rep 19 Posts Drives: BMW Z4 (hardtop) Join Date: Dec 2009 Location: Little Rock, Ar iTrader: (0)	I hear it's because the import tax is SO high there, as well as in Australia?
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12-16-2009, 05:58 AM	#8
dcs2k Lieutenant 55 Rep 438 Posts Drives: E92 M3 Join Date: Aug 2009 Location: Singapore iTrader: (0)	import tax is 117% of the car price. Lots of other cost besides the tax, among them, a certificate of entitlement to drive the car. Did a conversion, its costing $10/gallon of petrol here. you guys really got it lucky in the States.
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12-17-2009, 12:56 AM	#10
BlueZ4AZ Go SU 33 Rep 902 Posts Drives: 2009 Z4 sDrive35i Join Date: Jul 2009 Location: Chandler, AZ iTrader: (0)	Depends on way too many variables: 35i or 30i, options, negotiated sale price, down payment, interest rate, sales tax rate, finance type and loan/lease term. Plug these in first, with the exception of the negotiated sale price and then we can give you a ballpark figure. That way we can at least educate you on what to say when the stealership says: "What do we need to do to sell you this car today?"
	Appreciate 0 Quote

01-28-2010, 08:28 PM	#12
Marc45 Private 5 Rep 70 Posts Drives: 2015 i8 Join Date: Jan 2010 Location: Virginia iTrader: (0)	A little over $500/mo. 35i DCT, 3 year lease, msrp ~$60k, residual around $33k It's going to cost me around $20k for the 3 years total. I'm not sure if I'll buy the car at that point. I don't want to own a car not under warranty. The technology keeps jumping forward and the depreciation is horrible so I figured I'd do a lease this time. Plus I won't have to sell anything if I don't want it at the end If you can get a really low interest rate, then buying might save you some money in the long run. It really depends on what the market for the car will be in a few years. Scott wrote: "I paid cash....... paying interest for anything is just plain stupid!!!" I completely disagree. If you don't have the cash or if you can make more with your cash than the interest cost, then financing is a viable alternate to cash.
	Appreciate 0 Quote