Last post on Apr 17, 2013 at 3:13 PM
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BMW 7 Series, Car Leasing, Sedan
#133 of 599 Re: Lease Program [nlproductions]
by Car_man HOST
Apr 02, 2008 (2:28 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.
Prices Paid: Buying & Leasing Experiences Forum
#134 of 599 Re: 750 Li Lease Quote [Car_man]
Apr 05, 2008 (6:12 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
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.
#135 of 599 Re: 750 Li Lease Quote [Car_man]
Apr 05, 2008 (6:14 am)
Forgot to add- zero down....
#136 of 599 Re: 750 Li Lease Quote [bkennedy55]
Apr 05, 2008 (12:12 pm)
How much was the monthly payment without sales tax?
#137 of 599 Re: 750 Li Lease Quote [eric312]
Apr 06, 2008 (8:22 am)
Is this a good deal? According to all the posting i have room to negotiate
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]
Apr 06, 2008 (11:25 am)
About $1050.... I did a one pay lease and saved the sales tax...
#139 of 599 Re: 750 Li Lease Quote [fripullo]
Apr 06, 2008 (11:28 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
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.
#141 of 599 Re: Cap Cost for 2008 750iL [monstuh]
Apr 07, 2008 (7:27 am)
look at posting #137 April 6th. That came from a South Orange county dealer.
I've been told i can get the cap cost lower than the original dealer offer.
#142 of 599 Re: Cap Cost for 2008 750iL [monstuh]
Apr 07, 2008 (4:46 pm)
I would say Cap Cost of 77k would be doable.