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E89 Z4 (2009 - current)

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  #1  
Old 06-02-2011, 05:39 AM
merrickdb merrickdb is offline
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Mein Auto: Z4 3.5is
Thanks, Bimmerfest! Just leased a new 3.5is

Another new poster here thanking Kief, Display_Name, and others for their helpful posts about the Z4 lease deals and MSDs. I picked up a titanium silver Z4 3.5is yesterday with extended leather, premium package, cold weather package, nav, PDC, comfort access, alarm, and sat radio. May 2010 production, so it had been sitting in the showroom for a while and sadly lacks the Combo Box, but I offered just under $65K for it (MSRP on the sticker of $71,825, current MSRP of $73,275, advertised at $66,990, invoice of $66,190) and the dealer accepted it. As I haven't had a prior BMW lease, I used the regular super elite money factor of .00175 rather than the sales support Money Factor of .00190 less .00049 for 7 MSDs for a net money factor of .00126. With the $725 acquisition fee capitalized and a $250 cap cost reduction (to bring the monthly fee just under the next $50 increment), my monthly payments are $449.80 including MA 6.25% sales tax. Not quite Display_Name's deal (I probably should have offered less than $65K), but I'm quite happy nonetheless. If anyone's looking around, BMW Gallery Norwell MA also has a year old 2011 3.5is sitting on the lot (same specs but without sat radio or the alarm), but a quick attempt to get their lowest price yielded a number north of invoice.

Thanks again!

Last edited by merrickdb; 06-02-2011 at 07:26 AM. Reason: Add extended leather and current MSRP as I just learned about both
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  #2  
Old 06-02-2011, 06:08 AM
supremeart supremeart is offline
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Quote:
Originally Posted by merrickdb View Post
Another new poster here thanking Kief, Display_Name, and others for their helpful posts about the Z4 lease deals and MSDs. I picked up a titanium silver Z4 3.5is yesterday with premium package, cold weather package, nav, PDC, comfort access, alarm, and sat radio. May 2010 production, so it had been sitting in the showroom for a while and sadly lacks the Combo Box, but I offered just under $65K for it (MSRP of $71,825, advertised at $66,990, invoice of $66,190) and the dealer accepted it. As I haven't had a prior BMW lease, I used the regular super elite money factor of .00175 rather than the sales support Money Factor of .00190 less .00049 for 7 MSDs for a net money factor of .00126. With the $725 acquisition fee capitalized and a $250 cap cost reduction (to bring the monthly fee just under the next $50 increment), my monthly payments are $449.80 including MA 6.25% sales tax. Not quite Display_Name's deal (I probably should have offered less than $65K), but I'm quite happy nonetheless. If anyone's looking around, BMW Gallery Norwell MA also has a year old 2011 3.5is sitting on the lot (same specs but without sat radio or the alarm), but a quick attempt to get their lowest price yielded a number north of invoice.

Thanks again!
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  #3  
Old 06-02-2011, 07:22 AM
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07X3platinum 07X3platinum is offline
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How the hell did you get a $72,000 BMW for less than $450 a month including tax?

One Illinois dealer is offering a 24 month lease on the Z4 30i (MSRP $54,600) for $415/month WITHOUT sales tax PLUS $3000 cap cost reduction.

That means with $0 down plus sales tax it would bring the monthly payment to at least $630 month on a $54,600 car!
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  #4  
Old 06-02-2011, 07:33 AM
supremeart supremeart is offline
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Originally Posted by 07X3platinum View Post
How the hell did you get a $72,000 BMW for less than $450 a month including tax?

One Illinois dealer is offering a 24 month lease on the Z4 30i (MSRP $54,600) for $415/month WITHOUT sales tax PLUS $3000 cap cost reduction.

That means with $0 down plus sales tax it would bring the monthly payment to at least $630 month on a $54,600 car!
That's what I ended up paying fo0r my $57000 30i back in December. but for 36 months, 15k a year, and a $1500 cap cost. Lease rates are crazy now, wish I waited a bit, people are getting steals from what I hear..
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  #5  
Old 06-02-2011, 07:33 AM
merrickdb merrickdb is offline
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Mein Auto: Z4 3.5is
Quote:
Originally Posted by 07X3platinum View Post
How the hell did you get a $72,000 BMW for less than $450 a month including tax?

One Illinois dealer is offering a 24 month lease on the Z4 30i (MSRP $54,600) for $415/month WITHOUT sales tax PLUS $3000 cap cost reduction.

That means with $0 down plus sales tax it would bring the monthly payment to at least $630 month on a $54,600 car!
You should definitely get that dealer down lower if you're interested in the car. I looked at ordering a 3.0 as well, and at $750 over invoice for a $60,075 MSRP car, I was looking at $528.20/month before tax ($561.20 after tax) with 0 down and the acquisition fee capitalized (albeit with 7 MSDs). You'd pay even less if you're eligible for the loyalty discount ($496.27 and $527.80 with and without tax).

My deal was really made possible by the below-invoice pricing since the dealer was keen to get rid of a car that had been sitting on the lot for a year.
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  #6  
Old 06-02-2011, 07:51 AM
Display_Name Display_Name is offline
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Quote:
Originally Posted by merrickdb View Post
Another new poster here thanking Kief, Display_Name, and others for their helpful posts about the Z4 lease deals and MSDs.
1) Congratulations!

B) You're welcome! As Kief said when I PM'ed him my thanks before flying to Nebraska, "Just paying it forward."

III) Tell me more about this "Super Elite" MF. (My BMWFS experian FICO came back at 838.) Can the "Super Elite" MF be combined with the loyalty (-.00030) incentive in addition to the MSDs?

If so, I left about $19.67 a month on the table, and I could have reduced my MSDs by $50 each.

Mind you, I'm not really complaining, I'm just hoping to get all this info out there for use in the future.

4) Just to be clear, the residual is based on the sticker MSRP, correct? My car's sticker, with a 9/10 build date, was $950 lower than it would have been were the car built after the price increase.
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  #7  
Old 06-02-2011, 08:17 AM
dtc100 dtc100 is offline
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Quote:
Originally Posted by Display_Name View Post

III) Tell me more about this "Super Elite" MF. (My BMWFS experian FICO came back at 838.) Can the "Super Elite" MF be combined with the loyalty (-.00030) incentive in addition to the MSDs?

If so, I left about $19.67 a month on the table, and I could have reduced my MSDs by $50 each.
They cannot be combined.

You have the best domestic deal, don't beat yourself over the thinking yours is the second best
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  #8  
Old 06-02-2011, 09:48 AM
merrickdb merrickdb is offline
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Location: Seattle, WA
 
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Mein Auto: Z4 3.5is
Quote:
Originally Posted by Display_Name View Post
1) Congratulations!
III) Tell me more about this "Super Elite" MF. (My BMWFS experian FICO came back at 838.) Can the "Super Elite" MF be combined with the loyalty (-.00030) incentive in addition to the MSDs?

If so, I left about $19.67 a month on the table, and I could have reduced my MSDs by $50 each.

Mind you, I'm not really complaining, I'm just hoping to get all this info out there for use in the future.
As dtc100 said, they can't be combined. You can choose the regular BMWFS money factor, which is .00175 for "super elite" or the BMW sales support money factor. The loyalty discount only applied to the sales support money factor. On the 3.0 and the 3.5, the sales support money factor is lower than the regular super elite one, but on the 3.5is the super elite MF of .00175 is lower than the sales support money factor of .00190 if you don't qualify for the loyalty discount (as I didn't). You can combine the "super elite" MF with the MSD discount, however.

Quote:
Originally Posted by Display_Name View Post
4) Just to be clear, the residual is based on the sticker MSRP, correct? My car's sticker, with a 9/10 build date, was $950 lower than it would have been were the car built after the price increase.
I was hoping to find some way to have the residual based off of current MSRP, but I've so far failed, sadly. Having the residual based on current MSRP would knock $51 off my monthly payments (and $400 off the up-front security deposits). Sadly, no dice, it seems.

-m
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  #9  
Old 06-04-2011, 02:41 AM
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3seriesbmw 3seriesbmw is offline
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If I lived in Missouri I could have gotten a 3.5is for $430 including tax but since I'm in Arkansas the salesman told me the property taxes were done differently. The car had everything but nav.
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3series

Vehicle lineup:
2003 325i-Premium pkg, heated seats, leather (sold)

2005 Chevrolet Tahoe-Navigation, Sunroof, DVD, 4X4, autoride, etc. (sold)

2007 Audi A6-everything except navigation (sold)

2007 z-71 Avalanche-heated seats, sunroof, 4X4

2007 BMW X5 3.0si- heated seats, technology pkg, premium pkg
(current)

Also in the garage-
2007 Cadillac Escalade
2010 GMC Sierra SLT
2012 Ford F-250 Lariat
2004 GMC 2500HD

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