Last post on Apr 17, 2013 at 3:13 PM
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BMW 7 Series, Car Leasing, Sedan
#290 of 599 Re: BMW 750 Li 2009, need advice [ukwildcats]
Apr 22, 2009 (5:01 pm)
I have a 2007 750LI Sport, Loaded with 20k miles on it
It also has 20 Inch Factory M Wheels
Payment is $1700 per month and the lease is up in June 2010
Car is perfect
I will pay you to get into my car. I can make my deal much more attractive than what you are looking at now.
I am looking to get the new 750 and I don't want to get screwed on this trade in
#291 of 599 Dear Car Man, again need advice!!!!!
Apr 23, 2009 (7:38 pm)
thanks car man, I have placed order for the car, and will get delivery in 6 weeks....right now dealer has quoted me 5.44 % APR through BMW FS, but he says if the rate gets better in june, they will give me that rate.......
he says there is no incentive on new 7 yet !! ..
any thoughts ...???///
I can go with a credit union for 4.25% ......however .....
tell me what you think....., Please ASAP
#292 of 599 Re: BMW 750 Li 2009, need advice [bmwduder]
Apr 24, 2009 (1:04 pm)
Selling? How does it work?
#293 of 599 Re: Dear Car Man, again need advice!!!!! [hamin]
by Car_man HOST
May 15, 2009 (2:48 am)
No problem hamin. What you were told is correct. BMW is not providing any support on the new 7-Series yet. As a result, if you were to lease one through BMW Financial Services, you will have to use its standard lease money factor. Its standard money factors vary by region, but they are probably around .00280, give or take right now. That's equivalent to an interest rate of around 6.72%.
I'm not sure what BMW's standard finance rates are currently, but I suspect that you would have little trouble beating them by arranging financing on your own through an independent bank or credit union.
Prices Paid: Buying & Leasing Experiences Forum
#294 of 599 Re: BMW 750 Li 2009, need advice [bmwduder]
May 18, 2009 (12:44 pm)
You got killed on that deal, 1700 a month?
I have an 08 loaded w/ sport on a 3 year/15k with 0 down and I'm paying a little under 1200 a month. It looks as if your lease is even longer than 36 mos if it doesn't go back till june of next year. Its going to take you offering it for 600-700 a month less than your payment to make it even attractive to someone willing to take over a lease. Just go look on leasetrader....
#295 of 599 2009 750 LI Lease
May 29, 2009 (5:23 am)
I would like your input on a price I have been offered. Here are the specs :
36 month lease, 12000miles/yr
MSRP - 103520, selling price - 102500, money factor - .0013, residual - 46445
Should I not put money down, should i be getting a better deal? The dealer states this is a great deal and it ends tomorrow (saturday may 30th).
I am also thinking about just buying it. What do you think? Thanks for the input and advice.
#296 of 599 Re: 2009 750 LI Lease [fabgreg]
May 30, 2009 (1:13 pm)
In my own experience with new 7 , you are not been given a good deal...rather its quite a rip off!!! .....
BMW is not offering any Lease support on new 7 , so buying is better than leasing this one.......
If you buy, ( which I think you should ), you should be paying around 1500-2000$ above INVOICE price......that means about at least 4-5 K less than the MSRP...
I got 750 Li in April, ( car coming in 2 weeks ), and paid 2000 $ above invoice.....
DONOT Put any money down., if you are leasing ....
hope it helps ...
#297 of 599 Re: 2009 750 LI Lease [hamin]
May 30, 2009 (9:46 pm)
Thanks for the advice. I will let you know how it works out.. How long does it take to come in when you order? 8 weeks?
#298 of 599 Re: 2009 750 LI Lease [fabgreg]
May 31, 2009 (7:50 am)
I placed order in second week of April and will get it around first week of June....
I did shop around on internet/ email .......and did get a better deal out of my home town......., so will be going there to pick the car.......
plz do shop around......, email is the best to negotiate
#299 of 599 Re: BMW 750 Li 2009, need advice [hamin]
Jun 29, 2009 (11:41 pm)
I am a new user on this board and in the market of 09 750 LI. Looks like you got a good deal. The dealer in houston says there is no rebates or credits. Can you share the dealership and town you bought it.