04-19-2024, 05:24 PM | #67 | |
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04-19-2024, 09:08 PM | #68 |
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04-20-2024, 10:29 AM | #69 |
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Sorry, but this was a free article I came across and hadn't noticed the date. It was dated Dec 11, 2023 so probably something you and others have already read. I noticed others are already taking delivery of their manual transmission vehicles which should give folks some additional unbiased (?} feedback. Should be fun to hear.
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04-20-2024, 12:52 PM | #70 |
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04-21-2024, 07:59 PM | #71 |
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I am two weeks shy of 75 and my San Remo Z4 is waiting on transport to the port. From my perspective, I did not consider whether it was a depreciable asset, just wanted it to have fun. For me, it is getting too late to worry about that.
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AESZ4222.00 Westside Guy5847.50 ///M TOWN20282.50 Ex_Stig2594.00 BmwIowa49.50 M6BEL114.00 BEAR-AvHistory-2364.00 Small Cap Trader90.00 |
04-21-2024, 08:06 PM | #72 |
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You have all the time in the world…
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05-03-2024, 12:38 PM | #73 |
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Prices has ticked up from what I’ve seen with a quick scan of cars.com, thanks to spring. Cheapest M40i is in Florida a 2020 with 27k miles for 45k. No other M40i’s in the 40’s, most early years are in the low 50’s with good mileage.
Sellers market lol. I do wonder what the “bottom” of the market will be in the years to come. I’m optimistic good condition M40i’s may not drop out of the 30’s. With this being it for the Z4. |
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05-03-2024, 12:45 PM | #74 |
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I am 75 and purchased my 2022 M40i in Sept., 2021. I get goosebumps everytime I start the engine and this car is definitely keeping me young! Trust me, you will have a blast driving it for many years to come!
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05-03-2024, 09:06 PM | #75 |
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1965 COBRA (FFR) [0.00] 1998 FORD Ranger 4X4 [0.00] 2022 BMW M4C [0.00] 2020 Z4 M40i [0.00] 2023 Ford Expeditio ... [0.00] 2009 Yamaha V-Star [0.00] |
FWIW Just ran this at Edmunds against my VIN.
Edmunds Appraisal Report. See how your offer compares to your estimated trade-in value amount of: $74,000 BMW MSRP 2020 $45,450 Edmunds True Market Value® 5/3/24 In Feb 2020 paid $62,900 on a 36 month lease after discounts and allowances. Had a MF of 0.000375. Bought the car as the lease ran out. 5% loan on the RV through a local bank. In comparison got killed on the price of the 2022 M4C in July 2021 MSRP less $1500 BMWCCA. Did OK on the loan 0.9% Through BMWFC
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05-05-2024, 07:26 AM | #76 |
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I just paid $61K for a late production 2023 M40i with 2000 miles and a perfect Carfax. Plus, the car is loaded with every conceivable option. That's quite a price drop, (in 10 months), from the original sticker of nearly $75K.
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05-05-2024, 07:31 AM | #77 | |
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Nicely done ❕
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05-05-2024, 09:21 AM | #78 |
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First 3 years are killer depreciation with year 1 being a total blowout.
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05-05-2024, 01:22 PM | #80 |
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All the more reason to lease one
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05-05-2024, 01:55 PM | #81 |
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05-05-2024, 01:58 PM | #82 |
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You’re renting the car and you’re not stuck with the end equation
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05-05-2024, 02:10 PM | #83 |
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But the residuals (which is the biggest factor in how much the monthly payments cost) are based on expected depreciation, and while BMW inflates that for some models, the Z4 has never gotten such treatment.
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05-05-2024, 02:13 PM | #84 | |
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Lease rates aren’t good on anything right now, but neither are the buy rates.
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05-05-2024, 02:47 PM | #85 |
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05-05-2024, 02:54 PM | #86 |
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There's nothing magical about a lease. It's essentially a purchase with inflated fees (and usually rates) but with a guaranteed buyback amount at the end of the term (and penalties for damage or excess mileage). They made sense back in the day when BMW subsidized them, but not in this market.
Current 36mo terms on the Z4 are 55% residual and ~5% interest. Interest rate is decent/around market, at least. According to KBB trade, a '21 with 30k miles is holding about 62% of its value. |
05-05-2024, 03:00 PM | #87 | |
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Lease payments are roughly calculated as: Code:
((SALES_PRICE - RESIDUAL_VALUE) / TERM_MONTHS) * MONEY_FACTOR |
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05-05-2024, 03:09 PM | #88 | |
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But it might make more sense Everyone is different
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