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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 23 of 61

#216 of 599 Re: Should I Lease 08 750lI [eric312] by Car_man HOST

Oct 14, 2008 (6:30 pm)

Replying to: eric312 (Oct 13, 2008 6:28 pm)
Hi eric312. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 BMW 750Li with 15,000 miles per year are .00110 and 50%, respectively. I am not personally all that familiar with what the market is like for this car right now, but if I was interested in one in this sort of market I would shoot for a significant discount...as close to dealer invoice as possible. You may be able to get an idea of how much you should pay by visiting the "BMW 7-Series Prices Paid and Buying Experience" discussion.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#217 of 599 Re: Should I Lease 08 750lI [shawn757] by Car_man HOST

Oct 14, 2008 (6:32 pm)

Replying to: shawn757 (Oct 13, 2008 6:51 pm)
Hey shawn757. I believe that BMW eliminated the loyalty discount when it made the enhancement. BMW Financial Services' new buy rate for the '08 750Li is .00110.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#218 of 599 Re: Should I Lease 08 750lI [Car_man] by shawn757

Oct 15, 2008 (12:14 pm)

Replying to: Car_man (Oct 14, 2008 6:32 pm)
Thanks car man. Is it true that BMW is also waiving off the first 2 months payments if you lease now?
thanks

#219 of 599 Re: Should I Lease 08 750lI [shawn757] by Car_man HOST

Oct 15, 2008 (5:25 pm)

Replying to: shawn757 (Oct 15, 2008 12:14 pm)
No problem, shawn757. I have not heard anything about a waiver of the first two month's payments.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#220 of 599 Re: Should I Lease 08 750lI [Car_man] by shawn757

Oct 16, 2008 (4:10 pm)

Replying to: Car_man (Oct 15, 2008 5:25 pm)
Thanks car man, one more thing how much should the bank fee be? I don't want the dealer to mark it up
thanks

#221 of 599 2008 Li Lease Question and $7500 Incentive by del735

Oct 21, 2008 (5:34 am)

Car Man,
I have a two part question for you. First part is the $7500 dealer allowance that BMW is offering. Is this only applicable if the car is being purchased and not leased or is it valid on leasing as well?
 
Second question, based on the following figures can you tell me what you feel my total lease payment should be based on BMW's current MF and residual. The dealer and I don't seem to coming up with the same amounts. (I am a current BMW leasee)
MSRP $89,270
Cap cost $79270
36 month, 12K
Sales Tax 6%
No money down except first payment, acq. fee, and tags
 
Thanks for your help!!

#222 of 599 Re: 2008 Li Lease Question and $7500 Incentive [del735] by shawn757

Oct 21, 2008 (2:42 pm)

Replying to: del735 (Oct 21, 2008 5:34 am)
They are only giving you $10000? I am being quoted $15000 off MSRP. Since you are a current customer you should be able to get the buyrate mf WITHOUT security deposit.

#223 of 599 Re: 2008 Li Lease Question and $7500 Incentive [shawn757] by del735

Oct 21, 2008 (4:05 pm)

Replying to: shawn757 (Oct 21, 2008 2:42 pm)
Shawn,
The dealership manager told me he's losing money if the car goes below 12,000 off. That's where he's at now with a total payment of $1100 for a 36 month lease.
 
How did you get $15K off and what are being quoted for a lease payment?

#224 of 599 Re: 2008 Li Lease Question and $7500 Incentive [del735] by shawn757

Oct 21, 2008 (4:27 pm)

Replying to: del735 (Oct 21, 2008 4:05 pm)
There is like $6500 between the invoice and MSRP + $7500 incetive. They also have backend money I was told. But I don't know how much exactly. Your sales manager is not being straight forward with you saying he is losing money. Car that I am looking at is just above $90000 and they are willing to give off $15000 off MSRP. The payment would be just over $1000 like $1031 and some cents including tax. But they want a security deposit to get down the money factor to .00110. This is for 15K miles with minimum drive off $2200 + the security deposit.

#225 of 599 Re: Should I Lease 08 750lI [shawn757] by Car_man HOST

Oct 21, 2008 (6:04 pm)

Replying to: shawn757 (Oct 16, 2008 4:10 pm)
No problem shawn757. BMW Financial Services recently raised its base acquisition fee from $625 to $725.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 23 of 61

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