2014 Lease

[Zarethustra]

Has anyone looked into leasing a 2014 lately ?
I'm curious what kind of deals people are getting.

[2011CrazE89]

This is the "current special" my local dealership is having.

$430 mo.
Special limited-time offer
Lease a new BMW Z4 sDr28i for $430 per month for 36 months.

*2014 Z4 sDr28i MSRP $55425 stock#91825 lease per month for 36 months plus tax with approved credit through BMW Financial Services. 10k miles per year. Plus 1st payment, tax, tag, waste fees, $925 bank acquisition and $699 dealer fee. Includes 1000 BMW incentive with a 10% down payment of $5542.5.

[nicknaz]

Originally Posted by 2011CrazE89

This is the "current special" my local dealership is having.

$430 mo.
Special limited-time offer
Lease a new BMW Z4 sDr28i for $430 per month for 36 months.

*2014 Z4 sDr28i MSRP $55425 stock#91825 lease per month for 36 months plus tax with approved credit through BMW Financial Services. 10k miles per year. Plus 1st payment, tax, tag, waste fees, $925 bank acquisition and $699 dealer fee. Includes 1000 BMW incentive with a 10% down payment of $5542.5.

That's not very special... (then again, its probably just meant to be a starting point for negotiation). the total lease obligation (assuming 8% tax rate on the monthly payment.. like in CA... and including the cap cost reduction of $5542) is $22k... the total lease obligation on my '12 35i with $63k msrp is $21k with similar lease terms

OP, find out the money factor and residual, then use truecar.com as a purchase price ceiling. It is pretty easy to get a great lease deal these days

Or if you want something turn key, you can take over the lease on my car =D I will even throw in some extras, like a set of OEM 325M wheels with non RFT and TPMS

[hyper1]

Well compare to what we have here in Canada it seem to be a good deal.

[Zarethustra]

I found the below on an auto site, so I'm not entirely sure how accurate it is. It also doesn't list mileage per year.

I was sort of hoping I would see some of the killer lease deals they had on these cars at one time, but these don't seem to be that great.

I'm also contemplating finding a used one instead, but I'm wondering if the used prices will tumble much once the new model comes out.



2014 Z4 LEASE INCENTIVES
1 Available
Enhanced Rate/Money Factor 2014 LEASE PREPAY RWD I4 2.0
APRRESIDUALTERM (months)STARTEND
3.12% 68% 24 05/01/201406/30/2014
3.12% 65% 30 05/01/201406/30/2014
3.12% 62% 36 05/01/201406/30/2014
3.12% 53% 42 05/01/201406/30/2014
Requirements and Restrictions:
Cannot be used in combination with these other offers:2014 APR
2014 Z4 CASH BACK BONUSES
1 Available
Bonus Cash 2014 BUILD OUT CASH
Value:STARTEND
$1000 05/01/201406/02/2014

[persian54]

I miss the deals they had a few years ago.

I paid $1500 drive off (wheel/tire insurance inc, so without that it would've been a fair amount under $1k drive off), $650/month tax inc. 24 months, 10k miles, $65k MSRP.

about 8 months ago i was offered a 72k 35iS (or was it 74k? i forgot, 70k+), nothing out of pocket, $700/month. but i needed to do 7MSD.

[nicknaz]

Originally Posted by Zarethustra

I found the below on an auto site, so I'm not entirely sure how accurate it is. It also doesn't list mileage per year.

I was sort of hoping I would see some of the killer lease deals they had on these cars at one time, but these don't seem to be that great.

I'm also contemplating finding a used one instead, but I'm wondering if the used prices will tumble much once the new model comes out.



2014 Z4 LEASE INCENTIVES
1 Available
Enhanced Rate/Money Factor 2014 LEASE PREPAY RWD I4 2.0
APRRESIDUALTERM (months)STARTEND
3.12% 68% 24 05/01/201406/30/2014
3.12% 65% 30 05/01/201406/30/2014
3.12% 62% 36 05/01/201406/30/2014
3.12% 53% 42 05/01/201406/30/2014
Requirements and Restrictions:
Cannot be used in combination with these other offers:2014 APR
2014 Z4 CASH BACK BONUSES
1 Available
Bonus Cash 2014 BUILD OUT CASH
Value:STARTEND
$1000 05/01/201406/02/2014

You can conver the APR to money factor by dividing by 2400. so 0.0013 which is pretty standard. If that is for a 15k mile/year lease, it is usually +1% residual for 12k mile/year and +2% for 10k mile/year least. So if its 64% for a 36 mo lease, that isn't bad, especially if you are able to get a below invoice deal on a Z4 that has been sitting on the lot.

truecar.com is suggesting +$250 over invoice is achievable without negotiation, and without the $1000 incentive your post showed, so you should be able to get a solid deal of $750 under invoice at least

My '12 35i has 14 months left and is $589/mo incl tax. If you went with a lower MSRP 28i, hopefully you can beat that.

[BIGBOYQ]

WOW in the UK they giving them away, got £13k off
£2,000 Deposit
£357 PM
12,000 Miles Per year
5 year Service Plan
48 Month agreement

Got 45MPG on an good run, and averaging 34 MPG - at moment

Only missing the power of the 335i but not the MPG (24) - JB4 in 3 weeks

[nicknaz]

Originally Posted by BIGBOYQ

WOW in the UK they giving them away, got £13k off
£2,000 Deposit
£357 PM
12,000 Miles Per year
5 year Service Plan
48 Month agreement

Got 45MPG on an good run, and averaging 34 MPG - at moment

Only missing the power of the 335i but not the MPG (24) - JB4 in 3 weeks

Is the base price somewhere around £33k for a 28i ? That is a great buy. well done. Why get a used Z4 with that kind of discounting

[BIGBOYQ]

Originally Posted by nicknaz

Is the base price somewhere around £33k for a 28i ? That is a great buy. well done. Why get a used Z4 with that kind of discounting

NO £40K!!!!

And yes it was an no-brainer.

Also purchased an new car for the Wife

BMW 116i Sport
£1000 deposit
£220 per month
5 year service pack
8,000 miles

We looked at an 2 yr old 116i and it was £40 PM more expensive with out service pack!