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BMW 7-Series Lease Questions

184 messages,  Last post on Jul 23, 2008 at 9:33 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW 7 Series, Car Leasing, Sedan


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#114 of 184
Re: 750il lease [kyfdx] by jim53
Feb 29, 2008 (5:17 am)
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Replying to: kyfdx (Feb 29, 2008 4:57 am)

what is the current 24 month lease deal you referred to? is it only for returning 7 series owners or any returning bmw owner?
#115 of 184
Re: 750il lease [jim53] by wease944
Feb 29, 2008 (6:14 am)
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Replying to: jim53 (Feb 29, 2008 5:17 am)

The lease deal is only for current 7 series owners.My friend wants a similar car and they quoted him $140 more a month because he's not returning a 7 series.
#116 of 184
Here I go again. by wease944
Feb 29, 2008 (6:29 am)
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So what should the lease price be on a car that has a msrp of $88945.00 on a 2 year lease . Edmunds tmv says $82500.00..
#117 of 184
Re: Question about MF and Dealer Incentive [ocautoseeker] by jb2inboca
Mar 03, 2008 (9:20 am)
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Replying to: ocautoseeker (Feb 22, 2008 3:51 am)

Does anybody know what the March dealer incentives and the money factor is for a 2008 750i with 12K miles per year. Also, are there any specials for returning seven series leases through BMW financial services.
#118 of 184
Re: Question about MF and Dealer Incentive [jb2inboca] by wease944
Mar 03, 2008 (6:06 pm)
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Replying to: jb2inboca (Mar 03, 2008 9:20 am)

I was told the deal for feb might still be available if your persistant. It is only for a 7 series owner going into a new 7 series. Its a 24 month lease.I just ordered a new one on Friday (750li). Here is the deal I got 89k msrp. I did put money down against the advise from people here. I am walking in with $7000.00 for everything and my payment is $799.00. I thought it was a good deal . I got 12k a year. I have to say that I feel if I was REALLY persistant I could have knocked off a little more.
 I bought it at Prestige Bmw in NJ.
#119 of 184
Good time to lease 7 series by iggso
Mar 15, 2008 (11:02 pm)
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A friend of mine picked up a 750i with MSRP of around 81000 with zero down for 880 per month + tax (24 months lease).
 
That $5000 dealer cash incentive really helps...
#120 of 184
Is the incentive for everyone in March? by rjgill55
Mar 16, 2008 (1:59 pm)
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I am seeing some great lease rates being advertised on the 750 series with no mention of it being offered only to prior 750 leasees....basically an msrp of $81k+ with $1500 down would be $898 per month. Has anyone seen this for us newbies to the 750 series?
#121 of 184
Re: Is the incentive for everyone in March? [rjgill55] by iggso
Mar 16, 2008 (7:34 pm)
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Replying to: rjgill55 (Mar 16, 2008 1:59 pm)

Yes, it is for everyone, due to the $5000 Dealer Rebate.
 
You should be able to get under $898 on 750 with zero down for 81k-MSRP.
This assumes a .002 Money Factor. Remember that you can lower it further with adding Multiple Security Deposits to your lease....
 
I would Say on 81k MSRP you should try to negotiate a Cap Cost of around 70k-71k.
#122 of 184
750il Money Factor by broham1
Mar 18, 2008 (6:48 pm)
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I have read that the current base money factor is .0020. I have also read that the money factor can be reduced with a security deposit. Can a $1000.00 security deposit enabl eme to get a mmoney factor below .0020, if so what will that money factor be.
 
I am evaluating the following terms posted on the BMW website.
 
Cap Cost $85,270.00
Payment $3,500.00
Secury Deposit (1000.00)
Net Cap Cost $81,770.00
Residual 58% $49,456.60
Money Factor ?
Term 36

Payment $999.00
#123 of 184
Re: 750il Money Factor [broham1] by iggso
Mar 19, 2008 (8:54 pm)
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Replying to: broham1 (Mar 18, 2008 6:48 pm)

What is the MSRP? If it is below 96k you may be overpaying.
 
Each extra security deposit reduces the Money Factor by .00007. And you can do around 7 of these. So you can reduce the money factor from .002 to about .0015
 
Also ask about single payment lease that reduces the money factor significantly
 
Also don't forget that the Acquisition fee BMW charges is $625, but the dealership will try to charge you $825, so that is negotiable.
 
MACO is a vaild charge and should be $250, Training can be around $180. So I would call these fees reasonable. As the dealership does pay them (not on European delivery)

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