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E89 Z4 (2009 - current)

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  #1  
Old 06-12-2011, 04:47 PM
janagler janagler is offline
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Location: Boston
 
Join Date: Oct 2010
Posts: 31
Mein Auto: 2011 Z4 3.0i
27 month lease instead of 24?

Hello Everyone,
Just worked out a lease on a Z430i yesterday. It is Black on Black and has PP, Nav, Ipod, Sirius and Cold Weather. It was sitting in NJ waiting to get into dealer stock. I think I worked out a pretty good deal on it too.

I traded in my 2007 650i, which I bought from the same dealer last year. I am very excited to pick up the Z4 at the end of the week!

Here is my question. When we were working out the deal, the manager asked if I wanted to add on extra months to my 10K a year 2 yr lease. I said no, but now thinking about the time of year, I would not mind getting a 27month lease. How would this work? Would I get extra mileage? Would the residual change? Would I just pay the extra 3 months and get a pro rata amount of extra mileage?

Has anyone done this before? Please let me know. Thanks in advance for your help!
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  #2  
Old 06-13-2011, 05:56 PM
janagler janagler is offline
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Location: Boston
 
Join Date: Oct 2010
Posts: 31
Mein Auto: 2011 Z4 3.0i
Anyone? Any thoughts?
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  #3  
Old 06-14-2011, 06:55 AM
Display_Name Display_Name is offline
Shadowy Figure
Location: CT
 
Join Date: Apr 2010
Posts: 76
Mein Auto: 2011 X5 35d, 2011 Z4 35is
Probably better asked in the Ask-A-Dealer forum.
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  #4  
Old 06-15-2011, 07:30 AM
BlueZ4AZ BlueZ4AZ is offline
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Location: Chandler, AZ
 
Join Date: Jul 2009
Posts: 322
Mein Auto: 2009 Z4 sDrive 35i
Most likely - The residual value would have gone down, but the monthly payment would still have been lowered, the money factor would remain the same and you would have received 833 miles/month for each of the additional 3 months. That is the scenario that makes most sense.
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  #5  
Old 06-16-2011, 04:41 PM
yukstah yukstah is offline
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Location: Boston, MA
 
Join Date: Apr 2008
Posts: 129
Mein Auto: S4 & Z4
Whoa? A 27 month on the Z'ers now?!?
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