Last post on Feb 12, 2012 at 6:46 PM
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BMW 7 Series, Sedan
#92 of 121 my deal
Sep 27, 2006 (5:15 pm)
this is the deal i have so far. is there any more room to go down?
2006 750i (new)
3 yr / 36k miles
cap cost: $77760 (edmunds says invoice is $75585)
i am a first time leaser.
MF is .00215 but i will add 7 refundable security deposits ($7700) to bring the MF down to .00166
monthly: $1074 (including tax)
drive off would be $10045
refundable security would be $7700
i don't think there is much room in the MF but maybe the price?
#93 of 121 my deal
Oct 01, 2006 (7:12 am)
margin over invoice is 2.8% good
might want to consider putting down one deposit of 1100.00
mf would be .00200
payment would be 1107 including tax. don't know your zip using 7% tax.
Take the 7700.00 buy an i bond yielding 6.75 % you would be ahead $200.00 as opposed to giving it to bmw.
#94 of 121 Re: BEST PRICE AFTER EXTENSIVE RESEARCH [jvpr]
Oct 22, 2006 (7:13 pm)
Congrats on not having one late payment (like most adults) on your curent car, but your view of the world is nuts and is going to impoverish you. Pay off the Jeep, keep it, attack the 100K loans, build equity in something, and forget about BMWs that you can't afford to rent (let alone buy).
Starting out like this, you're going wind up like half the MDs/JDs in America: buried up to their eyeballs in debt at 60, renting luxury cars on a 36 month treadmill that they can't get off of, and unable to enjoy life or contemplate retirement.
#96 of 121 2007 750i Lease, CA
Dec 22, 2006 (5:58 pm)
Looking at a '07 750i with the following features
High Definition radio
MSRP is $85,790
"wholesale" is $79,440
The "wholesale price" contains 2 items I am unfamiliar with (1) MACO - $380 and (2) Training Service Fee $180 - are these bogus?
Also the Lease quote is $1500 over "wholesale" = $80,940 + $870 aquistion fee (which seems $245 too high based on the input I have seen on this forum that the acutal fee is $625) bringing the Adjusted Cap Cost to $81,810.
Money Factor seems in line at .0020 with security deposit and .00215 without. 58% residual with 15,000 miles on a 36 month lease, also appears fair.
My concern is the $850 in "extra fees" and if the "whlesale price" seems fair. I'm I being taken and ??
Thanks for the input.
#97 of 121 Re: 2007 750i Lease, CA [ajgolf]
by kyfdx HOST
Dec 22, 2006 (8:47 pm)
1) Training fee and MACO are legitimate invoice charges.. The training fee is on every US BMW.. MACO is an advertising fee that varies by region/metro area.. Some dealers don't have it.. but that is rare.
2) I'm guessing the $870 includes $825 for acquisition fee and $45 for the document fee (California, right?). The acquisition fee is marked up the maximum $200 allowed by BMWFS (extra profit for the dealer).
3) With MACO, your "wholesale" price seems pretty close.. I didn't spec it out exactly, but it is definitely in the right range ($200 +/-)
.0020 is the base money factor... Be sure to make the security deposit... the MF bump is a bad deal..
Taking everything into account... if you get the base MF, then the deal is under $2K over "cost".. Not bad for an $85K car..
Did they quote you a payment? You'll want to see if the payment and the upfront money match all of the other numbers...
#98 of 121 Re: 2007 750i Lease, CA [kyfdx]
Dec 23, 2006 (3:26 pm)
Thanks for the info kyfdx, I appreciate it.
To answer your Qs - the payment with $3,094 drive off (which includes a $1250 security deposit) is $1,239.
Without the security drive off is $1,865 ($1229 less, not sure how that worked??) and payment is $1,261
This is $22 per month more x 36 month = $792 over life of the lease. By my calculations if I do NOT put down the deposit I am ahead $437 -- $1228 (less drive off)- $792 (increased payment). So why would I want to put the security deposit down as you indicted?
#99 of 121 Price Help??????????
Dec 23, 2006 (5:43 pm)
I need your help!!!!!
I'm leasing a 2007 750LI, MSRP$78,100 + Convenience pkg $1,000 + 19' wheels $1,300 + Sat Radio $595 + Destination charge $695 Total $81,690.
Question: Having I a good deal if give $1,000 TOP and the payments will be $1,100 monthly, 36 months, 10,000 miles a year.........???????
If not, where I can get a better deal...???
Thanks and merry christmas
#100 of 121 Re: 2007 750i Lease, CA [ajgolf]
by kyfdx HOST
Dec 23, 2006 (9:26 pm)
At the end of the lease... you get the security deposit back..
#101 of 121 Re: 2007 750i Lease, CA [kyfdx]
Dec 24, 2006 (10:42 am)
No, i'm not getting anything back at the end.