Current Lease Rate (residuals/money factors) for Z4?

[warden]

There doesn't seem to be a buying subforum for the Z4. Too bad and sorry to clutter the main forum with this request. Also, if anyone has the confidential wholesale pricing for the 2011, I'd be most grateful.

Thanks in advance,
WARDEN

[Silver-Bolt]

Me too. The residual on the Z must be very low. I can lease a $81k M3 convert for about $900/mo however a $70k Z4 is $1100/mo? That is according to the BMWUSA lease calculator.

[warden]

Originally Posted by Silver-Bolt

Me too. The residual on the Z must be very low. I can lease a $81k M3 convert for about $900/mo however a $70k Z4 is $1100/mo? That is according to the BMWUSA lease calculator.

One thing I know is that they are giving e93 M3s away right now. A 24mo lease on that car has a 70% residual. Unreal.

[Wraith.]

Originally Posted by Silver-Bolt

Me too. The residual on the Z must be very low. I can lease a $81k M3 convert for about $900/mo however a $70k Z4 is $1100/mo? That is according to the BMWUSA lease calculator.

2011 BMW Z4 sDrive30i
24 Month – Residual 60% of MSRP – .00170 Base Rate
36 Month – Residual 54% of MSRP – .00170 Base Rate
48 Month – Residual 38% of MSRP – .00230 Base Rate
60 Month – Residual 31% of MSRP – .00230 Base Rate

2011 BMW Z4 sDrive35i
24 Month – Residual 58% of MSRP – .00170 Base Rate
36 Month – Residual 52% of MSRP – .00170 Base Rate
48 Month – Residual 36% of MSRP – .00230 Base Rate
60 Month – Residual 28% of MSRP – .00230 Base Rate

2011 BMW Z4 sDrive35is
24 Month – Residual 56% of MSRP – .00170 Base Rate
36 Month – Residual 50% of MSRP – .00170 Base Rate
48 Month – Residual 36% of MSRP – .00230 Base Rate
60 Month – Residual 28% of MSRP – .00230 Base Rate


Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms. BMWFS acquisition fee is $725

[marcw]

Yeah I don't think leasing is the way to go with this car. I ended up buying mine and only have a payment of $730. With the 0.9% financing on 2010 models it was really a no-brainer.

Originally Posted by Silver-Bolt

Me too. The residual on the Z must be very low. I can lease a $81k M3 convert for about $900/mo however a $70k Z4 is $1100/mo? That is according to the BMWUSA lease calculator.

[Silver-Bolt]

Wrath,
Thank you. That explains a lot.

[Wraith.]

Originally Posted by marcw

Yeah I don't think leasing is the way to go with this car. I ended up buying mine and only have a payment of $730. With the 0.9% financing on 2010 models it was really a no-brainer.

Marcw.. PM sent.

[warden]

Originally Posted by marcw

Yeah I don't think leasing is the way to go with this car. I ended up buying mine and only have a payment of $730. With the 0.9% financing on 2010 models it was really a no-brainer.

FWIW, I saw an ad yesterday for a local BMW dealership (Bay Area, CA) saying 0.9%/60 mos financing on all 2011 BMWs. That might be common knowledge, but it was news to me.

[marcw]

Not according to the BMW Financial Services site. 0.9% only for 24 months. 25-60 months is 1.9%. It is possible of course that they haven't updated their website or that that dealer is working with a different financial institution.

Originally Posted by warden

FWIW, I saw an ad yesterday for a local BMW dealership (Bay Area, CA) saying 0.9%/60 mos financing on all 2011 BMWs. That might be common knowledge, but it was news to me.

[Dr Stig 2]

Originally Posted by marcw

Not according to the BMW Financial Services site. 0.9% only for 24 months. 25-60 months is 1.9%. It is possible of course that they haven't updated their website or that that dealer is working with a different financial institution.

Wow, this recession / GFC thing is really working for you guys.
Over here (in what our politicians love to call the only western country that avoided the recession - you'd never guess it was an election year) we have to pay 8-10% finance...

(And no Memphis, we Australians are not bragging about how rich we are - we are just annoyed at our government for making us pay soooo much tax, and jealous of the deals you get in the US/UK )

[marcw]

Not to thread crap or hijack, but the US has much bigger problems. With nearly 50% of homeowners being upside down on their mortgage it isn't a pretty picture. Mortgage rates are at an all time low at around 4.5% but not many people can make use if it. Also, I'm sure you get services for those taxes you pay. Come talk to me when you loose your house because you can't afford your medical bills because you were unfortunate enough to get *insert costly disease here*.

Originally Posted by Dr Stig 2

Wow, this recession / GFC thing is really working for you guys.
Over here (in what our politicians love to call the only western country that avoided the recession - you'd never guess it was an election year) we have to pay 8-10% finance...

(And no Memphis, we Australians are not bragging about how rich we are - we are just annoyed at our government for making us pay soooo much tax, and jealous of the deals you get in the US/UK )

[KrisNL]

0.9% is USA, no wonder you guys have problems with the banks...

Overhere BMW Financial Lease is 5.9.

[Drjoeb]

Originally Posted by KrisNL

0.9% is USA, no wonder you guys have problems with the banks...

Overhere BMW Financial Lease is 5.9.

.9% is for 2010 Purchase. 1.9% is for 2011 Purchases not leases. Also, those real low finance rates are from BMW financial service not a bank which is about 5% for a new car loan with good credit. It's BMW financial services that footing the bill to move cars and not the banks.

[KrisNL]

Originally Posted by Drjoeb

.9% is for 2010 Purchase. 1.9% is for 2011 Purchases not leases. Also, those real low finance rates are from BMW financial service not a bank which is about 5% for a new car loan with good credit. It's BMW financial services that footing the bill to move cars and not the banks.

well BMW has also in the USA a bank license

[Drjoeb]

This is true as you have to have a banking license in the US to lend money. However, no banks are underwriting their loans, BMW takes the risks and rewards. In this case their reward is selling cars - sure isn't lending money at 1.9%

[andyshih]

Lease program for convertible/roadster always sucks during summer time since it is the season for such cars. On the other hand, the winter is the time the car manufacturers roll out good programs to help dealers get rid of their stock. I took advantage last December to lease a 2009 Z4 3.0 in 29-month deal with 65% residual and $ 3k rebate.


Andy

[warden]

Originally Posted by andyshih

Lease program for convertible/roadster always sucks during summer time since it is the season for such cars. On the other hand, the winter is the time the car manufacturers roll out good programs to help dealers get rid of their stock. I took advantage last December to lease a 2009 Z4 3.0 in 29-month deal with 65% residual and $ 3k rebate.


Andy

Buying off the lot, no less. That is certainly the way to go if you want the cheapest deal. The risk arises when you want to order a car for December delivery and all you can see now are the current rates. New ones come out in less than a week, so I suppose some positive trend should appear.

[warden]

Anyone have the new September numbers? Apparently they're better.