Top Auto Leather
'08 Z4 3.0si Lease program. Can I do better?
Hi,
This is the first time I am leasing a car and I am almost come to my end in getting my Z4 3.0si but wanted to see if this deal was great or could do better? I figure they want to wrap everything by tomorrow June 30th so they close their quarter and I may be able to negotiate further. I also figure I would go with 12k miles.
Any help on reducing the money factor or anything else to lower the monthly payment would be appreciated.
Thanks
South Florida - BMW Fort Lauderdale
MSRP $50,200 (INCLUDES AUTO, PREMIUM & SPORTS PKG, XENON LIGHTS, BLACK LEATHER SEATS, M SPORTS SEATS, JET BLACK WITH BLACK AUTO SOFT TOP).
END OF JUNE DISCOUNT $6,225
NEGOTIATED PRICE $43,975
TERM : 24 MONTHS
RESIDUAL VALUE 70%
MONEY FACTOR : .00215
MILES : 10,000 PER YEAR
LEASE PAYMENT : $359.00
TAXES 6% $21.54
TOTAL MONTHLY PAYMENT : $380.54
DOWN PAYMENT $2,500
BANK FEES $625
SALES TAXES $700
SECURITY DEPOSIT $400
TAG $250
1ST PAYMENT $399
TOTAL DUE ON DELIVERY $4,874
I think I answered this question the BMW message boards.
You can do about $800-1000 better on the negotiated price. And if you are a currently BMW financial services customer, they will waive the security deposit.
I just leased this car in April 2008.
My payments are closer to $300 than $380.
My security deposit was waived and they didn't add 6% to my payment for tax. I paid my taxes up front. Total out of pocket at delivery was $4900
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About the Author
Will Smidth is a Copywriter for Convertible tops, Auto Soft Tops. He written many articles in various topics such as Auto Replacement Tops, Auto Interiors, Automotive Interiors, Soft tops, Auto headliners. For Further details, please visit Automotive Interiors




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