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BMW 7-Series Lease Questions

340 messages,  Last post on Nov 07, 2009 at 6:39 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#300 of 340
Data Point by arkay402
Jul 03, 2009 (12:16 pm)
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Just negotiated a 36 months lease for my parents on an '09 750Li: Convenience, Camera, Luxury Seating, Premium Sound, 19" wheels and satellite radio. MSRP $94,870, negotiated cap cost $90,050.
 
Current lease program runs MF of .0009 and residual of 47% with 12,000 miles per year, so monthly payment at $1,084.00; $6,531.86 up front including 7% NJ sales tax and first payment.
#301 of 340
Re: Data Point [arkay402] by ar1
Jul 05, 2009 (8:21 pm)
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Replying to: arkay402 (Jul 03, 2009 12:16 pm)

Thanks but i don't understand the math. 90050 Cap cost. 53% of that is 47726. Less your DP 6500 leaves 41226 divided by 36 leave payment of 1145 plus tax. No taking into account MF of .009. Am I not understanding something here.
#302 of 340
Re: Data Point [ar1] by kyfdx HOST
Jul 06, 2009 (3:09 am)
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Replying to: ar1 (Jul 05, 2009 8:21 pm)

The residual amount is 47% of MSRP, not of the CAP cost.. I didn't crunch the numbers, but that will change your depreciation calculation by about $60/mo, right there..
 
regards,
kyfdx
#303 of 340
Re: Data Point [arkay402] by maxandmatt2
Jul 06, 2009 (4:41 am)
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Replying to: arkay402 (Jul 03, 2009 12:16 pm)

I have been buying BMW 7 series fully loaded since the 90's. I live in SI but lease all my cars in NJ. I have always leased from Open Road thru a "gentleman" named Jerry Cohen, not your typical salesman! I do get a price from him and always check around for a better deal, to date I have not found any other dealer who could even come close. Extremely happy with service department, but Mr. Cohen is a extreme pleasure to deal with. My 07 lease expires in October, so I will again be in the market. Give them a call, more specifically Jerry, you have nothing to loose.
#305 of 340
Re: Data Point [kyfdx] by davidc1
Jul 27, 2009 (6:46 am)
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Replying to: kyfdx (Jul 06, 2009 3:09 am)

I crunched the numbers and it still doesn't work. Off by couple hundred. Lease on my 7 expires in six months and I was curious.
#306 of 340
Dealer offer on a 2009 750li by aminoacids1
Aug 24, 2009 (10:08 pm)
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Dealer offered me a 2009 750li with camera, 19 inch wheels, and preium leather for 1100+ tax a month, however i have to put almsot 6500 out of pocket.
#307 of 340
Lease cash by jeffal
Aug 31, 2009 (5:29 pm)
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Just so you guys know, there is a $3,000 lease cash incentive available AND BMW just threw in another $3,000 incentive if you are a current BMW driver for a total of $6,000.
#308 of 340
Re: Lease cash [jeffal] by aminoacids1
Sep 01, 2009 (7:43 pm)
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Replying to: jeffal (Aug 31, 2009 5:29 pm)

Where is thi soffer available?
#309 of 340
Re: Lease cash [aminoacids1] by Car_man HOST
Sep 03, 2009 (2:07 am)
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Replying to: aminoacids1 (Sep 01, 2009 7:43 pm)

Hi aminoacids1. The $6,000 cash incentive on leases of the 2009 7-Series for loyal customers and $3,000 for everyone else definitely exists. Don't worry about proving it to the dealer. They know it exists as well. It they deny it, they're just trying to trick you.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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