BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BMW Z4 Forums (G29) BMW Z4 (G29) General Forum Buy the Z4 M40i now, or wait for a better deal?

Post Reply
 
Thread Tools Search this Thread
      03-18-2020, 02:12 PM   #1
MG 228i
First Lieutenant
142
Rep
332
Posts

Drives: G29 Z4, 340i 6MT, i3s
Join Date: Aug 2014
Location: Los Angeles

iTrader: (0)

Buy the Z4 M40i now, or wait for a better deal?

Negotiated and got the price I wanted to lease a Z4 M40i and was planning to sign and pick it up this weekend.

Should I hold off until next month or so?

Get it now, enjoy the empty roads given that its a good deal (13.3%) off MSRP after incentives and probably a push to meet their Q1 numbers. Car has also been on the lot for almost a year.

Or, lose this deal and take the chance I can get it cheaper in Q2? Assuming lower money factor due to fed cutting rates?
__________________
2017 340i - ZMT, ZTR, Z11, Z08
Appreciate 0
      03-18-2020, 02:44 PM   #2
FreeDarko
Lieutenant
118
Rep
443
Posts

Drives: F80
Join Date: Mar 2018
Location: UpNorth

iTrader: (0)

You will get much better rate next month. Discount should be similar provided there's enough inventory which should be the case since it's been there for over a year.
Appreciate 0
      03-18-2020, 03:08 PM   #3
backstabber
New Member
6
Rep
24
Posts

Drives: 2017 M240i Convertible
Join Date: Apr 2017
Location: Fairfax, VA

iTrader: (0)

Quote:
Originally Posted by MG 228i View Post
Negotiated and got the price I wanted to lease a Z4 M40i and was planning to sign and pick it up this weekend.

Should I hold off until next month or so?

Get it now, enjoy the empty roads given that its a good deal (13.3%) off MSRP after incentives and probably a push to meet their Q1 numbers. Car has also been on the lot for almost a year.

Or, lose this deal and take the chance I can get it cheaper in Q2? Assuming lower money factor due to fed cutting rates?


We are in the same dilemma. Push for more discount now or wait for more incentives...
Appreciate 0
      03-18-2020, 03:15 PM   #4
MG 228i
First Lieutenant
142
Rep
332
Posts

Drives: G29 Z4, 340i 6MT, i3s
Join Date: Aug 2014
Location: Los Angeles

iTrader: (0)

I've submitted my credit app and they've already ran my credit.

Am I locked in for March incentives / rates in the event April incentives go down?
__________________
2017 340i - ZMT, ZTR, Z11, Z08
Appreciate 0
      03-18-2020, 07:50 PM   #5
DocWho
Private
DocWho's Avatar
59
Rep
96
Posts

Drives: 2019 X3 30i, 2019 Z4 30i
Join Date: Apr 2019
Location: Georgia, USA

iTrader: (0)

Quote:
Originally Posted by MG 228i View Post
I've submitted my credit app and they've already ran my credit.

Am I locked in for March incentives / rates in the event April incentives go down?
A BMW Credit Approval is good for 60 days.
Appreciate 0
      03-18-2020, 08:18 PM   #6
QueueCumber
Enlisted Member
30
Rep
47
Posts

Drives: Current: Z4 M40i; 997.2 GT3 RS
Join Date: Mar 2020
Location: NY

iTrader: (0)

If you wait a month maybe no one will be there to sell it to you due to quarantines...
Appreciate 0
      03-19-2020, 12:56 AM   #7
scampercom
New Member
scampercom's Avatar
7
Rep
15
Posts

Drives: 2018 BMW 230i
Join Date: Aug 2014
Location: Bay Area, California

iTrader: (0)

Garage List
2018 BMW 230i  [0.00]
↑ I think this may be a good point, especially given stories about BMW production: https://www.thetruthaboutcars.com/20...lants-go-dark/

(My lease is up in December, and I was planning on placing a Z4 order to coincide with that. But now I’m getting nervous that there won’t be anyone to take orders.)
Appreciate 0
      03-19-2020, 07:31 AM   #8
backstabber
New Member
6
Rep
24
Posts

Drives: 2017 M240i Convertible
Join Date: Apr 2017
Location: Fairfax, VA

iTrader: (0)

Quote:
Originally Posted by scampercom View Post
↑ I think this may be a good point, especially given stories about BMW production: https://www.thetruthaboutcars.com/20...lants-go-dark/

(My lease is up in December, and I was planning on placing a Z4 order to coincide with that. But now I’m getting nervous that there won’t be anyone to take orders.)
December is a long way to go. If we are still don't have the virus under control, buying a new car should be the last thing on your mind

Our lease is up in June. Fortunately there are two Z4s in the area that have the options we want so we don't have to order. If the dealerships close down before we get a new car, we may try to extend our lease with BMW.

Hopefully it won't come to that. I am staying hopeful
Appreciate 0
      03-19-2020, 10:37 PM   #9
BEAR-AvHistory
2020 Z4 M40i
BEAR-AvHistory's Avatar
United_States
714
Rep
3,592
Posts

Drives: 2020 BMW Z4 M40i
Join Date: Jun 2011
Location: Raleigh, NC

iTrader: (0)

Garage List
2018 BMW 440  [0.00]
2013 BMW 135is  [0.00]
Deals were too good decided not to wait. Picked up a Black on Black M40i today. MSRP $70,505. Deals Capitalized Cost with discounts & rebates was in the high $50K's, car is a January 2020 build & had 18 miles on it. Am plus $30 a month over the 2018.

Had planned on a 2021 order but the local dealer had the exact car I would have ordered.

Let me bring it home overnight & was able to cruise some two lane blacktop moonshiner roads. Took it back the next morning & leased it.

Will do the Tail of the Dragon when the breakin is done.

Keeping my 440I till its lease runs out in June. Owe two more payments.
__________________
Kevin

2020 Z4 M40i - 2019 Chevy Suburban 4X4 RST 420BHP - 2013 135is Cab 6MT/JB4 - 2009 V-Star - 1998 Ranger 4X4 5MT - 1965 Cobra MK-IV 5MT BUILD LOG
Appreciate 1
jmg8548.50

      03-20-2020, 09:32 PM   #10
MG 228i
First Lieutenant
142
Rep
332
Posts

Drives: G29 Z4, 340i 6MT, i3s
Join Date: Aug 2014
Location: Los Angeles

iTrader: (0)

Signed the lease last night!
__________________
2017 340i - ZMT, ZTR, Z11, Z08
Appreciate 3
      03-21-2020, 07:13 AM   #11
backstabber
New Member
6
Rep
24
Posts

Drives: 2017 M240i Convertible
Join Date: Apr 2017
Location: Fairfax, VA

iTrader: (0)

Quote:
Originally Posted by MG 228i View Post
Signed the lease last night!
Congrats!
Appreciate 0
      03-22-2020, 04:25 PM   #12
QueueCumber
Enlisted Member
30
Rep
47
Posts

Drives: Current: Z4 M40i; 997.2 GT3 RS
Join Date: Mar 2020
Location: NY

iTrader: (0)

Now you can ride into the apocalypse with the top down...
Appreciate 2
      03-24-2020, 03:18 AM   #13
blvvet
New Member
4
Rep
10
Posts

Drives: 2019 Z4 M40i
Join Date: Feb 2020
Location: Shanghai

iTrader: (0)

depends on how deep you love it
Appreciate 0
      03-30-2020, 01:18 PM   #14
jmg
Major General
jmg's Avatar
United_States
8549
Rep
9,666
Posts

Drives: F80 M3 CS, I01 i3 REx LCI
Join Date: Mar 2013
Location: Orange County, CA

iTrader: (0)

Garage List
Quote:
Originally Posted by BEAR-AvHistory View Post
Deals were too good decided not to wait. Picked up a Black on Black M40i today. MSRP $70,505. Deals Capitalized Cost with discounts & rebates was in the high $50K's, car is a January 2020 build & had 18 miles on it. Am plus $30 a month over the 2018.

Had planned on a 2021 order but the local dealer had the exact car I would have ordered.

Let me bring it home overnight & was able to cruise some two lane blacktop moonshiner roads. Took it back the next morning & leased it.

Will do the Tail of the Dragon when the breakin is done.

Keeping my 440I till its lease runs out in June. Owe two more payments.
Mind if I ask what your monthly is? What was the RV?
__________________
2018 F80 ///M3 CS - Lime Rock Grey Metallic | MPHAS | GC Camber Plates
2019 I01 i3 BEV - Giga World
Previous: F80 M3 | I01 i3 Rex LCI | I01 i3 REx | F30 340i M Sport ZTR | F30 328i Sport | Audi B7 S4 25Quattro #33 of 250 | E21 320i
Appreciate 0
      03-30-2020, 09:03 PM   #15
BEAR-AvHistory
2020 Z4 M40i
BEAR-AvHistory's Avatar
United_States
714
Rep
3,592
Posts

Drives: 2020 BMW Z4 M40i
Join Date: Jun 2011
Location: Raleigh, NC

iTrader: (0)

Garage List
2018 BMW 440  [0.00]
2013 BMW 135is  [0.00]
Quote:
Originally Posted by jmg View Post
Mind if I ask what your monthly is? What was the RV?
RV was 59%, upper mid $600's

__________________
Kevin

2020 Z4 M40i - 2019 Chevy Suburban 4X4 RST 420BHP - 2013 135is Cab 6MT/JB4 - 2009 V-Star - 1998 Ranger 4X4 5MT - 1965 Cobra MK-IV 5MT BUILD LOG

Last edited by BEAR-AvHistory; 03-30-2020 at 09:11 PM..
Appreciate 4
jmg8548.50
F20MAW73663.00
ToysArs40.50

      03-31-2020, 10:25 AM   #16
ToysArs
Private
41
Rep
70
Posts

Drives: 2020 Z4 M40i
Join Date: Sep 2019
Location: Lake Forest, CA

iTrader: (0)

Quote:
Originally Posted by BEAR-AvHistory View Post
RV was 59%, upper mid $600's

That's impressive! How much did you put down if you don't mind sharing?
Appreciate 0
      03-31-2020, 12:04 PM   #17
BEAR-AvHistory
2020 Z4 M40i
BEAR-AvHistory's Avatar
United_States
714
Rep
3,592
Posts

Drives: 2020 BMW Z4 M40i
Join Date: Jun 2011
Location: Raleigh, NC

iTrader: (0)

Garage List
2018 BMW 440  [0.00]
2013 BMW 135is  [0.00]
Quote:
Originally Posted by ToysArs View Post
That's impressive! How much did you put down if you don't mind sharing?
$3000 which included the first payment.
__________________
Kevin

2020 Z4 M40i - 2019 Chevy Suburban 4X4 RST 420BHP - 2013 135is Cab 6MT/JB4 - 2009 V-Star - 1998 Ranger 4X4 5MT - 1965 Cobra MK-IV 5MT BUILD LOG
Appreciate 0
      03-31-2020, 06:15 PM   #18
ToysArs
Private
41
Rep
70
Posts

Drives: 2020 Z4 M40i
Join Date: Sep 2019
Location: Lake Forest, CA

iTrader: (0)

Quote:
Originally Posted by BEAR-AvHistory View Post
$3000 which included the first payment.
You negotiated very well! Congrats!!
Appreciate 1
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 01:44 AM.




bmw
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2020, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST