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BMW 7-Series Lease Questions

607 messages,  Last post on Jun 14, 2013 at 9:12 PM

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

Messages Page 41 of 62

#394 of 607 Re: 2011 740i lease how much [mrhoni] by Car_man HOST

Oct 05, 2010 (4:12 am)

Replying to: mrhoni (Sep 18, 2010 1:02 am)
Hi mrhoni. BMW does not offer support on 60 month leases. The longest its special lease money factors are available for is 42 months. That's really the longest that anyone should lease a BMW for.
 
BMW FS' current 42 month buy rate lease money factor for the '11 740i is .00210. That's equivalent to an interest rate of around 5%.
 
BMW is providing 1.9% conventional financing on the 2011 7-Series right now. For whatever reason, its lease program just is not as aggressive at this time.
 
Car_man
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#395 of 607 Bottomline on 750 lease by jimmy24

Oct 07, 2010 (9:49 pm)

Dear Car Man,
All the discussion on residuals and factors hurts my fat head. In dummy terms, what is a reasonable payment on a 2011 750i for either 36 or 42 months w 15k/year? Thanks,J

#396 of 607 Re: Leasing In Order to Buy [kyfdx] by nik11

Oct 13, 2010 (12:01 pm)

Replying to: kyfdx@Edmunds (Sep 06, 2010 5:01 am)
In TX - Is this good deal ( I ahve been working wiht local dealer)- 2011 740i Sapphire Black with M sport package for $74,500 (before TT&L) - will likely lease (15,000K and 36 months)just trying to finalize price first.
 
Have perfect credit what would be fair monthly price on this and what is a good money factor?
 
Also having dilemma choosing wheels - like the 19 inch on M sport (only reason going with the M package) but also considereing the 19 inch radials or 21 inch ferric grays. Any downside with 21 inch on the 7 series?

#397 of 607 Re: Leasing In Order to Buy [nik11] by kyfdx@Edmunds HOST

Oct 13, 2010 (5:38 pm)

Replying to: nik11 (Oct 13, 2010 12:01 pm)
Any downside with 21 inch on the 7 series?
 
Massive tire replacement cost?

#398 of 607 Re: Bottomline on 750 lease [jimmy24] by Car_man HOST

Oct 18, 2010 (3:55 am)

Replying to: jimmy24 (Oct 07, 2010 9:49 pm)
I know what you mean, jimmy24. Still if you don't understand how leasing works, it probably would be in your best interest to check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
 
If you provide me with the MSRP and approximate selling price for the 750i that you're interested in I would be happy to use BMW's current lease program to work up a payment for you.
 
Car_man
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#399 of 607 Re: Bottomline on 750 lease [Car_man] by nik11

Oct 21, 2010 (8:32 am)

Replying to: Car_man (Oct 18, 2010 3:55 am)
Car_man,
 
I am in process obtaining black 2011 740i with 19 inch radial spoke wheels only- MSRP $72,800 the selling price $69,600.
 
What would my payments be using the current BMW lease program (I have perfect credit).

#400 of 607 Re: Bottomline on 750 lease [nik11] by Car_man HOST

Nov 01, 2010 (3:04 am)

Replying to: nik11 (Oct 21, 2010 8:32 am)
Hi nik11. Let's crunch some numbers and see what we come up with.
 
According to my calculations, if you were to lease a 2011 BMW 740i that has an MSRP of $72,800 and a selling price of $69,600 through BMW Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $1,052.
 
Car_man
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#401 of 607 Re: Bottomline on 750 lease [Car_man] by nik11

Nov 02, 2010 (6:22 am)

Replying to: Car_man (Nov 01, 2010 3:04 am)
Car_Man,
 
Thanks. No dealer Houston giving me buy rate even with near perfect credit score. Offering .00265, with multiple security deposits can get it down which i will do, maybe 4 deposits to around .00222.
 
Also in TX so tax on whole purchase price of car adds 120$ a month to payments as well. After all taxes included getting price $1210.
 
The money factor rate is getting me.
 
Is the deal worth it, do you think incentives may improve Nov/Dec?
 
Also do you think I should maybe negotiate on car on the lot trying to get to same net cap cost, because this month there is tax credit which will save me 4300$ or so and car with hiugher MSRP/residual will also help bring down payments.?
 
The monthly paymeny price not that big issue with me just want to know I am getting a good deal or not befor I pull the trigger, thanks.

#402 of 607 740i Lease -- MF and Residual Figures by zellamsee

Nov 04, 2010 (2:16 pm)

Car-Man,
 
Any chance you have the MF and residual for a 3 year lease of a 740i, 12k miles per year? I believe the figures for October were .00210 and 57%, but I am guessing that the numbers were recently updated (for November)? Also, it appears that there currently is a $2,500 cash back incentive. Do you think I could realistically negotiate the purchase price down to the invoice price, given this incentive -- that is, even if the dealer gives me the car at invoice, do they still end up with $2,500 profit with respect to the lease?
 
Thanks much.

#403 of 607 Re: Bottomline on 750 lease [nik11] by Car_man HOST

Nov 04, 2010 (6:44 pm)

Replying to: nik11 (Nov 02, 2010 6:22 am)
Hi nik11. To me, the ideal deal on this car would be the use of the buy the lease money factor and a selling price of around $1,000 over invoice. This may not be possible in your area. Have you tried shopping around? Shoot for a deal as close to this as possible.
 
OH by the way, BMW just introduced a $2,500 cash incentive on this car for the month of November. This cash should enable you to negotiate a much more attractive selling price than you were able to get last month.
 
Car_man
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Messages Page 41 of 62

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