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BMW 7-Series Lease Questions

599 messages,  Last post on Apr 17, 2013 at 3:13 PM

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

Messages Page 14 of 60

#131 of 599 Re: help with 08 750 li lease [neen] by Car_man HOST

Apr 02, 2008 (2:18 am)

Replying to: neen (Mar 29, 2008 7:26 am)
Hi neen. The money factor that you were quoted is right in line with BMW Financial Services' buy rate for this car. That is a good thing. However, savvy consumers who are in areas that have a decent level of competition are usually able to negotiate better prices than the Edmunds.com TMV. BMW is currently providing $5,000 dealer cash on the 2008 7-Series. Plus there is a gap of over $6,000 between this car's full MSRP and its dealer invoice price. That gives you a total of more than $11,000 to play with during your negotiations. I am not intimately familiar with what the market is like for the 750Li right now, but there is a reason why BMW feels the need to put $5,000 dealer cash on it. This implies to me that this car isn't exactly flying out the door. If I was in the market for this car, I personally would want a larger discount than the $7,000 that you were quoted.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#132 of 599 Re: 750 Li Lease Quote [bkennedy55] by Car_man HOST

Apr 02, 2008 (2:24 am)

Replying to: bkennedy55 (Mar 29, 2008 6:18 pm)
Hi bkennedy55. Let's start with the money factor and acquisition fee. The dealer is marking both of these items up to add additional back-end profit to your deal. This is not surprising, BMW dealers are notorious for doing this. It can often be avoided by savvy consumers who know what the base numbers are. BMW Financial Services' current buy rate lease money factor for a 36 month lease of a 2008 750Li is .00200 for lessees who pay a security deposit at lease signing. BMW FS' base acquisition fee is $625. Your car's residual value is set in stone and this dealer does not have the authority to alter it.
 
As I mentioned in my previous post, BMW is currently providing $5,000 dealer cash on the 2008 7-Series. Plus there is a gap of over $6,000 between this car's full MSRP and its dealer invoice price. That gives you a total of more than $11,000 to play with during your negotiations. I am not intimately familiar with what the market is like for the 750Li right now, but there is a reason why BMW feels the need to put $5,000 dealer cash on it. This implies to me that this car isn't exactly flying out the door. If I was in the market for this car, I personally would not be surprised if you were able to negotiate the additional $1,000 discount that you mentioned on this car.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#133 of 599 Re: Lease Program [nlproductions] by Car_man HOST

Apr 02, 2008 (2:28 am)

Replying to: nlproductions (Mar 30, 2008 10:09 am)
Hey nlproductions. I need to double check to make sure that BMW has not bade any unscheduled changes, but its March lease program was supposed to run through April 30th. BMW Financial Services' buy rate lease money factor and residual value for a 24 month lease of a 2008 750Li with 15,000 miles per year are .00200 and 65%, respectively. The numbers for an otherwise identical 36 month lease are .00200 and 55%. When negotiating your lease on this car, make sure to take the $5,000 dealer cash that BMW is providing on it into account.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#134 of 599 Re: 750 Li Lease Quote [Car_man] by bkennedy55

Apr 05, 2008 (6:12 am)

Replying to: Car_man (Apr 02, 2008 2:24 am)
Thanks folks for your help.... on Monday- last day of the month- all the BMW dealers in the DFW area started pouring in with the offers... Some were just so far out of the game- it was so obvious there were trying to take advantage...
 
I worked all 4 of them to get, what i hope, was the best deal
 
Here is what I got....
 
MSRP- 89,620- sport 750LI
Invoice- 82,4210
Cap Cost- 79,620
Money Factor- 0.00200
Residual Value- 57% ( 12,000 miles/ yr) on 36 months
 
They delivered the car to my house the next morning- in and out in 30 minutes without stepping foot in the dealership. Great experience in my opinion....
 
The questions and answers definitely helped a lot in educating me on leases- and what to shoot for on this lease.
 
Thanks again...

#135 of 599 Re: 750 Li Lease Quote [Car_man] by bkennedy55

Apr 05, 2008 (6:14 am)

Replying to: Car_man (Apr 02, 2008 2:24 am)
Forgot to add- zero down....

#136 of 599 Re: 750 Li Lease Quote [bkennedy55] by eric312

Apr 05, 2008 (12:12 pm)

Replying to: bkennedy55 (Apr 05, 2008 6:14 am)
How much was the monthly payment without sales tax?

#137 of 599 Re: 750 Li Lease Quote [eric312] by fripullo

Apr 06, 2008 (8:22 am)

Replying to: eric312 (Apr 05, 2008 12:12 pm)
Is this a good deal? According to all the posting i have room to negotiate
 
MSRP $89,270.00
CAP Cost $82,000.00 (i should get them to drop this to $81K)
MF: .002______ (that's what they showed me; i need to confirm what the true MF is)
ACQ Fee: $825
Drive off and money down: $4k
Monthly payment is based 36 mos and 10k miles a yr: $1,153.73
the residual is $51,776.60
 
If the invoice on a 750il is $72,590k, i would think we could get the cap cost down more.
 
Thoughts and feedback

#138 of 599 Re: 750 Li Lease Quote [eric312] by bkennedy55

Apr 06, 2008 (11:25 am)

Replying to: eric312 (Apr 05, 2008 12:12 pm)
About $1050.... I did a one pay lease and saved the sales tax...

#139 of 599 Re: 750 Li Lease Quote [fripullo] by bkennedy55

Apr 06, 2008 (11:28 am)

Replying to: fripullo (Apr 06, 2008 8:22 am)
You should be able to get the cap cost( selling price) down under 80k for an MSRP over 89k. At least I did.... 1 dealer- got down to 78,500 on an MSRP of 87.5k

#140 of 599 Cap Cost for 2008 750iL by monstuh

Apr 07, 2008 (12:16 am)

My 2005 745iL lease expires end of april. What is a good cap cost on an MSRP of 87570 and invoice of 81000. Looks like there is a 5K incentive. Southern california dealer recommendations would also be great.

Messages Page 14 of 60

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