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Last post on Apr 17, 2013 at 3:13 PM
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BMW 7 Series, Car Leasing, Sedan
#242 of 599 Re: 2009 750 [malibugaga]
by Car_man HOST
Nov 25, 2008 (5:36 am)
Hi malibugaga. It will be possible to lease a 2009 7-Series, but to the best of my knowledge BMW has not published a lease program for it yet. It's difficult to say what its lease program for the new 7 will be like when it rolls out, but my guess is not good. Even in the current challenging retail environment BMW will probably to hold of on the fire sale leases for a couple of months.
BMW is providing a ton of support on the 2008 7 right now in the form of dealer cash, special financing rates, and a special lease program.
Car_man
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#243 of 599 Re: 2009 750 [Car_man]
by eric312
Nov 25, 2008 (6:07 pm)
Car man,
Did BMW add new programs for month end? Do you know if there will be any new specials in December?
#244 of 599 Re: 2008 Li Lease Question and $7500 Incentive [shawn757]
by bmlexus
Nov 26, 2008 (8:33 am)
Thanks Car man, I just leased a 750LI For $1057 including tax.
$90470 MSRP
$73850 Cap cost
$3517 drive off which included a $1100 security deposit
After spotting my first new 7 series today, I was quite surprised how good looking it was in person.
I hope you won't regret not getting the new 7 series, without looking or testing it.
No reply’s since your purchase?
#245 of 599 Re: 2009 750 [eric312]
by Car_man HOST
Dec 01, 2008 (3:38 am)
Hi eric312. I have not heard about any enhancements to BMW's program for the end of the month. Its November lease program is scheduled to run through the end of the year. It is difficult to say whether it will make an unscheduled enhancement to it for December. If it does, chances are it will roll it out Tuesday afternoon after it announces its November sales.
Car_man
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#246 of 599 Re: 2008 750LI [Car_man]
by hawaiian2
Dec 02, 2008 (10:28 pm)
Aloha Car-man
Just wanted to run this by you to see if I am getting a good deal or not. Day before yesterday I went to BMW/Honolulu to lease a jet black 750LI MSRP 90,000.
They offered the vehicle at $77,000. Original they wanted $5500/No security deposit/36 months/$995 w/tx/Pay off the S550 payment of $2404.00
Now they offered the vehicle at $77,000 and pay off the remainder of my S550 ($2404.00) a down of $3500.36 months/1056 tx included. When I calculated the new payment, I discovered that they buried the $2196 in the 3 years lease. What do you think? Is this a good deal. I told them I want to keep the $3500 down and pay the $995.00
Thanks
#247 of 599 Re: 2008 750LI [hawaiian2]
by Car_man HOST
Dec 03, 2008 (5:46 am)
Aloha hawaiian2. I need to start things off by saying that I'm jealous. It's 40 degrees outside my window right now. Wow, $13,000 is quite a discount for a Hawaiian dealer. I've always heard that there is so little competition there that dealers aren't usually willing to provide much in the way of discounts. Still, this offer is way above dealer invoice. There is probably around a $7,000 spread between this car's MSRP and dealer invoice price. Add to this the $10,000 incentive that BMW paid its dealers on any '08 7-Series units that they had in inventory and there's a total of $17,000 or so to play with in negotiations. That probably puts the offer that you were quoted at around $4,000 over invoice. If you were in the continental U.S., I would say that there is still room to negotiate, but you're in Hawaii. As I mentioned earlier, this hampers your ability to negotiate somewhat. Of course, that's a small price to pay for living in paradise
. There's some room there, so give negotiation a shot, but don't be surprised if this is as good as it gets.
Ideally, you would wait until the scheduled end of your current lease to get a new vehicle so that you don't have to waste the remaining payments on your S.
Car_man
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Dec 08, 2008 (12:21 am)
Aloha Car_man!
Just wanted to say thank you for your email. I did wait and play the poker game with them and got what i wanted. I got deal down to $1995.00 and three years lease at $995.00 Tx included fully loaded 750LI Black on Black.
#250 of 599 Re: BMW [hawaiian2]
by Car_man HOST
Dec 17, 2008 (7:24 pm)
That's great hawaiian2. Thanks for taking the time to report back and let us all know how everything turned out. Don't forget to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience if you haven't already. Enjoy your sweet new ride
.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Jan 12, 2009 (10:21 pm)
Car man,
Is it still possible to lease 2008 750? If yes, what are the current deals?
Thank you