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      08-19-2009, 02:27 PM   #45
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[quote=Angry3;5723079]
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Originally Posted by BlueZ4AZ View Post


The terms on this promo lease are fantastic, if I hadn't ended up with the 1 I would be all over it. But the 30 month term does kick the payment up into the 6-700 range but with the benefit (IMO) of a shorter commitment on a brand new model.

I expect we will have some more new owner stories shortly.
The flip side though is that 30 months from now (instead of in 36) you have to give the car back and do it all over again, if you plan to lease again. Shortening by 6 months the time at which you have to fork over another $4500 of sunk costs. This also means you got 6 less months to spread out the $4500 it cost to get into the lease (Cap Reduction, Aquisition fee, etc.)
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      08-19-2009, 02:35 PM   #46
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[QUOTE=BlueZ4AZ;5724768]
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Originally Posted by Angry3 View Post

The flip side though is that 30 months from now (instead of in 36) you have to give the car back and do it all over again, if you plan to lease again. Shortening by 6 months the time at which you have to fork over another $4500 of sunk costs. This also means you got 6 less months to spread out the $4500 it cost to get into the lease (Cap Reduction, Aquisition fee, etc.)
I think that sunken cost is offset by the better residual value because when I use 55-56% on a 36 month with the normal .0022 money factor the payment comes out to over $800/month
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      08-19-2009, 03:23 PM   #47
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umm, wow, 630 sounds very attractive. And that is w/ DCT nav and premium/ sport.. sounds too good to be true. Doesn't it?
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      08-19-2009, 04:08 PM   #48
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Originally Posted by eatrach73 View Post
umm, wow, 630 sounds very attractive. And that is w/ DCT nav and premium/ sport.. sounds too good to be true. Doesn't it?

If you don't get 630 a month w/3500 down then shoot me a PM and I will hook you up with a dealer that will get it for you. Gotta do it before Aug 30 though!
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      08-19-2009, 04:11 PM   #49
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Dealers can further manipulate the payment by waiving your security deposit and raising the money factor to .00065
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      08-19-2009, 04:49 PM   #50
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[quote=Curt2000;5724804]
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Originally Posted by BlueZ4AZ View Post

I think that sunken cost is offset by the better residual value because when I use 55-56% on a 36 month with the normal .0022 money factor the payment comes out to over $800/month
Good point.
That begs the question though: Why not offer the same money factor on a 36 month lease?
The reason why BMW is not offering the same lease program and money factor on 36 month lease is that they want you back to buy another car SOONER
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      08-19-2009, 08:02 PM   #51
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[QUOTE=BlueZ4AZ;5725630]
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Good point.
That begs the question though: Why not offer the same money factor on a 36 month lease?
The reason why BMW is not offering the same lease program and money factor on 36 month lease is that they want you back to buy another car SOONER
And if they do this across their entire line of models, BMW will generate more business IMO.
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      08-19-2009, 09:00 PM   #52
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[QUOTE=eatrach73;5726747]
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Originally Posted by BlueZ4AZ View Post

And if they do this across their entire line of models, BMW will generate more business IMO.
Did you get the Z4?
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      08-20-2009, 08:40 AM   #53
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[quote=Curt2000;5727044]
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Originally Posted by eatrach73 View Post

Did you get the Z4?

Yes, See post #31
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      08-20-2009, 08:43 AM   #54
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no not yet Curt. I am in a dilemma. Either go w/ 335 coupe or Z4
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      08-20-2009, 08:54 AM   #55
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Quote:
Originally Posted by eatrach73 View Post
umm, wow, 630 sounds very attractive. And that is w/ DCT nav and premium/ sport.. sounds too good to be true. Doesn't it?

That WOULD be too good to be true. The Z4 with the $650 (before tax) lease payment has an MSRP of $60,025 MSRP. The vehicle you describe with Napa Extended Leatther, DCT, Premium PLUS the addition of Sport and NAV would add another $4000 to the MSRP, so you'd be leasing a Z4 with an MSRP of $64,025.

The payment would be about $55 higher, so about $705 + tax, even assuming you could purchase it at invoice price.
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      08-21-2009, 02:11 AM   #56
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So how much for a z4 2.0 with a msrp of $50K ? That would be ridiculously cheap, wouldn't it ? $450 + tax maybe ?

What do you guys think ?


P.S. : How much does $1,000 of down payment affect the monthly payment in a lease? I heard about 30$'s? Any knowledge on that ? thanks .

Last edited by cemson999; 08-21-2009 at 03:01 AM..
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      08-21-2009, 09:44 AM   #57
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Quote:
Originally Posted by cemson999 View Post
So how much for a z4 2.0 with a msrp of $50K ? That would be ridiculously cheap, wouldn't it ? $450 + tax maybe ?

What do you guys think ?


P.S. : How much does $1,000 of down payment affect the monthly payment in a lease? I heard about 30$'s? Any knowledge on that ? thanks .
If you are going to lease and the money factor is that low, then there would be no benefit or reason to put any additional money down other than the required CAP Reduction.

Last edited by BlueZ4AZ; 08-21-2009 at 05:22 PM..
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      08-21-2009, 10:29 AM   #58
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Really good deals right now. I sold my Z4 M and just picked up a 35i and I love it !
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      08-21-2009, 06:53 PM   #59
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[QUOTE=BlueZ4AZ;5724768]
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Originally Posted by Angry3 View Post

The flip side though is that 30 months from now (instead of in 36) you have to give the car back and do it all over again, if you plan to lease again. Shortening by 6 months the time at which you have to fork over another $4500 of sunk costs. This also means you got 6 less months to spread out the $4500 it cost to get into the lease (Cap Reduction, Aquisition fee, etc.)
Not sure where you're getting $4500 in sunk costs from, any cap reduction offsets the monthly payment. The only true sunk costs IMHO are the acq. fee, doc fee, and tax if you're in a state where you get hit for the entire cost of the car. Having to put a new set of RFTs on the car hurts, but the only difference relative to the 36 month term gets you a little less use out of them.

To me one cool thing about this lease is that it will end in February, which is right at the end of the "prime" lease period in the winter where you have the best chance score another cheap lease on a new leftover model. You can shop for the new one over the holidays and hopefully roll right into another good deal instead of coming off lease in the summer car buying season.



Quote:
Originally Posted by cemson999 View Post
So how much for a z4 2.0 with a msrp of $50K ? That would be ridiculously cheap, wouldn't it ? $450 + tax maybe ?

What do you guys think ?


P.S. : How much does $1,000 of down payment affect the monthly payment in a lease? I heard about 30$'s? Any knowledge on that ? thanks .
$450 sounds a bit low for a no CCR lease, I'd think calculator would show something in the 500-550 range. If you're interested just use the Leaseguide calculator and pop some basic numbers in. And yes, every $1K drops the monthly around $30.

Quote:
Originally Posted by BlueZ4AZ View Post
If you are going to lease and the money factor is that low, then there would be no benefit or reason to put any additional money down other than the required CAP Reduction.
Unless things have changed in the last 6 months there's no required cap reduction. The advertised payments on the BMW site are of course based on a CCR of some amount, but BMWFS doesn't require it as a matter of course (unless they do it for risk mitigation). On my 135 lease I wrote a check for $2000, which was for my initial and 3 additional security deposits. I rolled everything else (acq. fee, doc fee, tax, everything) back into the lease. Assuming you're a good candidate for them the smartest thing to do IMO on these super low MF leases is to do the MSDs and take every cent of BMW Financial's money they will give you
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      08-21-2009, 08:47 PM   #60
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Quote:
Originally Posted by Angry3 View Post

Not sure where you're getting $4500 in sunk costs from, any cap reduction offsets the monthly payment. The only true sunk costs IMHO are the acq. fee, doc fee, and tax if you're in a state where you get hit for the entire cost of the car. Having to put a new set of RFTs on the car hurts, but the only difference relative to the 36 month term gets you a little less use out of them.




Unless things have changed in the last 6 months there's no required cap reduction.
We all know with a lease you don't get your CAP reduction back at the end, so it should tbe considered part of the cost you will never recoup. On these leases, the required $$ up front is $3500 CAP reduction, $550 Sec Dep, $725 Aqusiton fee. About $4500, give or take, depending on the exact model/options. I guess BMW might let you role the CAP reduction into the mo. payment, but either way it's coming out of your pocket for good. It doesn't really matter if you're going to pay CAP Reduction of $3500 + $600/mo .....or $0 CAP Reduction and $720/mo. Either way, the money is gone.

None of this takes away from the fact this is a great lease plan.
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      08-24-2009, 04:17 AM   #61
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Wow, that does sound like a great deal. So if you were to do a MSD lease, the money factor could be as low as 0.00001?
curious, what IS MSD lease
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      08-24-2009, 04:27 AM   #62
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549 mo, 30 mo lease

http://www.bmwusa.com/standard/conte...campq6SV7CzA==
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      08-24-2009, 12:39 PM   #63
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I went to the dealership and asked about it and they said they cant do that offer.
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      08-24-2009, 01:07 PM   #64
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Quote:
Originally Posted by BlueZ4AZ View Post
We all know with a lease you don't get your CAP reduction back at the end, so it should tbe considered part of the cost you will never recoup. On these leases, the required $$ up front is $3500 CAP reduction, $550 Sec Dep, $725 Aqusiton fee. About $4500, give or take, depending on the exact model/options. I guess BMW might let you role the CAP reduction into the mo. payment, but either way it's coming out of your pocket for good. It doesn't really matter if you're going to pay CAP Reduction of $3500 + $600/mo .....or $0 CAP Reduction and $720/mo. Either way, the money is gone.

None of this takes away from the fact this is a great lease plan.
Fair enough, I think you and I are saying about the same thing, just differently. I just read your post to mean than you had to put a CCR down to get the good MF and residual here, and of course you don't. I don't ever put a CCR down due to the risk of loss, so I don't even consider it in any decision to lease. For the folks that are basing their decision on the advertised payments on BMW.com, then yes you have to consider the CCR.

The point that was being debated was how big a negative the 30 month term is compared to a 36 monther. I offered that it isn't, but then again I think a big part of the appeal of leasing generally is that you get to drive the "latest and greatest" and move on to something later and greater after 2-3 years. With this lease, you get a great looking and performing car that's fresh and unique, and then you're out of it in February of 2012 and can be shopping over the winter for your next car during the months when BMW has historically had its best lease deals. Yes, you do have to consider the cost of a set of tires and the fees as part of the total cost of the lease, but even so this is a fantastic deal for folks in the market right now. The fact that BMWFS lease terms have been pretty lousy this year IMHO makes it all the more compelling.




Quote:
Originally Posted by 135iUSN View Post
curious, what IS MSD lease
Multiple Security Deposits, basically you can put down up to 7 additional security deposits each of which lower the MF by .0007. With this lease you would go up to 6 since the lowest MF BMWFS uses is .0005. In essence, you're putting up a pool of money that BMWFS sits on during your lease. That gives them financial protection in case you default or trash the car, and they encourage them by giving you a break on the interest rate. Lots of folks advocate their use over putting money down as a CCR since you get it all back at the end of the lease (as long as you've made all your payments and the car doesn't have wear and tear outside the turn-in guidelines). There are drawbacks and risks to using them, but for good candidates they're basically a super low risk way to "earn" 9-11% on your money over your lease term.
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      08-24-2009, 03:58 PM   #65
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[quote=Angry3;5749767]Fair enough, I think you and I are saying about the same thing, just differently. I just read your post to mean than you had to put a CCR down to get the good MF and residual here, and of course you don't. I don't ever put a CCR down due to the risk of loss, so I don't even consider it in any decision to lease. For the folks that are basing their decision on the advertised payments on BMW.com, then yes you have to consider the CCR.

The point that was being debated was how big a negative the 30 month term is compared to a 36 monther. I offered that it isn't, but then again I think a big part of the appeal of leasing generally is that you get to drive the "latest and greatest" and move on to something later and greater after 2-3 years. With this lease, you get a great looking and performing car that's fresh and unique, and then you're out of it in February of 2012 and can be shopping over the winter for your next car during the months when BMW has historically had its best lease deals. Yes, you do have to consider the cost of a set of tires and the fees as part of the total cost of the lease, but even so this is a fantastic deal for folks in the market right now. The fact that BMWFS lease terms have been pretty lousy this year IMHO makes it all the more compelling. [quote=Angry3;5749767]
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Good points. One of the biggest benefit of a lease may be that it gets someone into a car that normally could not afford the monthly payment, had they put the same $4500 down and ran through a regular loan.
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      08-25-2009, 02:37 PM   #66
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Just locked in a similar great lease deal on a z4

Locked in a great deal today.

Z4 3.5 sDrive
6-Speed Manual, Sport Pkg w/ 19's, Prem Pkg, Cold Weather Pkg, Comfort Access, Navigation, iPod+USB.

Sticker on car was approx $63k.

Got a 30 month lease, 10k miles a year, just fees due upfront, no cap cost, and taxes (for NY) included in payment. Also, multiple security deposits used to lower payment.

Total upfront out of pocket $2000 (+ refunable sec deposit)
Monthly payment is at $625.

Pretty sweet deal as well. Car is for my father. He is coming out of an 07 Z4M. Finally his Z4 will keep up with my 135i (modded) once I get him JB3 + intake.

PM me if you're in the NY area and need help getting a similar deal. I have a good hookup. The rates are good through 8/31.
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