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Prices Paid: Buying & Leasing Experiences BMW 7-Series Lease Questions
346 messages, Last post on Dec 03, 2009 at 10:12 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: maxandmatt2 (Sep 11, 2009 8:13 am) As to BMW customer loyalty, there is a $3,000 incentive for prior BMW leasing clients. |
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I'm currently leasing a BMW and looking to get into a new 2010 750i. On MSRP of about $94K, they were offering a discount of $1,000. 24 month with $5k down was $2250 a month with 12k miles a year. My lease is up this month so I was hoping there may be loyalty money that I have read on previous posts. Any luck? Is this a deal? I live in Austin, TX. A colleague of mine was also talking about some sort of pre-paid lease where you make all payments up front to get a better deal. Sounds risky? Does the $3,000 incentive still exist this month as posted in an ealier post?
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I just wanted to give everyone an update on my experience in Virginia. I have a 2007 BMW 530xi coming off lease in the next month or so. Although I was happy with my car, I was looking to upgrade. I was really just looking to get another one but there was a 2009 750 loaded and on the lot. The dealership was ready to deal. It was fully loaded for an MSRP of 96,000. They were willing to take 4000 off sticker, plus 3000 off loyalty for a lease, so I was basically getting the car at invoice. I though long and hard, even drove it for a few days, and it is as advertised and then some. However, though the lease rates seemed OK, the residual was 47%, and it still added up to $1568/month. The bottom line was I found it hard to justify leasing a car with that much depreciation. I have always felt that the 5 series was the perfect balance between the 3-series (too small) and the 7-series (too big), as well as making more sense if the cost to benefit ratio. I finally settled on the 550. Mark1234 |
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Looking to get rid of my 2006 750i. Drove by dealer and stopped in. 2009 750i is amazing. First price from the sales person (this is in Los Angeles, by the way) was $3500 down, 12k miles, 36 months, $1375/month including tax. The only thing the car didn't have was rear entertainment (don't care). Does this sound good? I'm figuring I can get him down to about $1300 per month. The money factor is .9 but I don't know what that means. I have no interest in buying the car later. Help appreciated.
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Replying to: xlr8n (Sep 11, 2009 4:26 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I'm looking at a 750Lxi with an MSRP of $107,608. Looking for a 2 year lease *possible 3 year* here in Utah. $5k down and 12,000 miles a year.....What would be a good monthly pricing point? I've NO interest in purchasing the vehicle at the end of the lease and will mostly likely get a different car when the lease is finished. I'm VERY new to the leasing strategy but it seems the best bet for me.
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Replying to: hobsfla (Sep 19, 2009 3:48 pm)
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Replying to: coogiman (Sep 30, 2009 9:46 pm) |
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Replying to: coogiman (Sep 30, 2009 9:46 pm) I would be happy to work up a sample lease payment on this car for you. Have you entered into any negotiations yet or do you have a target selling price? I ask because I need a selling price to calculate this car's monthly payment. If not, I can come up with an approximate selling price that we can use in our calculations. I just need to know if you are a returning BMW Financial Services lessee. It makes a difference because BMW is providing a ton of loyalty cash on leases of this car right now. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 02, 2009 1:58 am) thanks
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