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BMW 7-Series Lease Questions

599 messages,  Last post on Apr 17, 2013 at 3:13 PM

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

Messages Page 42 of 61

#404 of 599 Re: 740i Lease -- MF and Residual Figures [zellamsee] by Car_man HOST

Nov 04, 2010 (6:43 pm)

Replying to: zellamsee (Nov 04, 2010 2:16 pm)
I certainly do, zellamsee. BMW Financial Services' November buy rate lease money factor and residual value for a 36 month lease of a 2011 740i with 12,000 miles per year are .00220 and 54%, respectively.
 
You're correct, BMW did just introduce a $2,500 holiday credit on this car. Make sure to take this cash into account during your negotiations. That means that the dealer would indeed make $2,500 on a car that it sold at dealer invoice.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#405 of 599 Re: Bottomline on 750 lease [Car_man] by nik11

Nov 05, 2010 (1:36 pm)

Replying to: Car_man (Nov 04, 2010 6:44 pm)
Car_man,
 
Thanks. I did just do the deal. I used extra $2500 incentive plus the $3200 of MRSP that I negotiated initially so got 2011 740i with only upgrade of 19 inch wheels radial spoke sapphire black for $67100. The lease is for 15K/36 month but residual dropped to 52% and MF for any dealer in Houston is .0025. I will buy this down for sure, of course they added 1200$ in fees (acquisition included and doc fee) and something called phantom footprints for 290$ that they say is required comes with all cars. Pre tax around $1090
 
In TExas so pay 4300$ taxes upfront rolled into car, hopefully when all said and done monthly payment including taxes wil be 1200$

#406 of 599 Re: Bottomline on 750 lease [nik11] by Car_man HOST

Nov 07, 2010 (5:22 pm)

Replying to: nik11 (Nov 05, 2010 1:36 pm)
You're very welcome, nik11. Texas taxes are wild. I've never heard of phantom footprints before. Did the dealer explain what it is? Window etching?
 
Anyhow, congratulations and enjoy your awesome new ride!
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#407 of 599 I'm back Car man by jimmy24

Nov 15, 2010 (5:43 pm)

Replying to: Car_man (Oct 18, 2010 3:55 am)
I just got back from the dealership. 2011 750i. msrp 94775 reduced 6500 to 88275.
 
2500 down.
 
54% residual on 36month/36 mile lease
.00260 factor.
 
w/ tax (7%) monthly payment is about $1540/month.
 
is this a good price or do I need to shop around? I bought my last car so not in a big hurry. is there a "best time" of the year to lease a bmw.
 
thanks for all your help.
 
Jimmy

#408 of 599 Re: I'm back Car man [jimmy24] by benz2779

Nov 16, 2010 (9:15 am)

Replying to: jimmy24 (Nov 15, 2010 5:43 pm)
When you say $2,500 down... does that mean as a down payment plus inception fees or total out of pocket?? I come up with a .00210 money factor and you should be capping the car at about $83,641.00. Brings the payment to $1,274.07 with an out of pocket of $2,384.38 plus plates. Thats a 36 month term with 12,000 miles per year. What state are you registering the car in?

#409 of 599 Re: I'm back Car man [benz2779] by jimmy24

Nov 17, 2010 (11:47 pm)

Replying to: benz2779 (Nov 16, 2010 9:15 am)
Thanks for the reply. it is the 750iL. I put 750i before.
 
I understood it to be a downpayment. i'd still have to pay the first month's lease payment. I'm in Georgia and the tax for the county is 7%.
 
As an aside, I was shopping the deal and another salesman said just tell me what options you want so told him I really only want the luxury front seats, rear camera and bigger rims. Told me car would "have to be made" and would be just under 92k and that a 36 month lease w/ 12k/year is $1352 (includes 7% tax). He was giving the $2500 rebate and another 6k off that so i guess around an $84k car. (I didnt assk for residual, money factor etc so cant give to you.) Sounded like a good deal but won't do anything w/o your blessing.
 
Here's another question. If i go w/ the above, he says he has to order and it will take 6-8 weeks to get here. It doesn't seem to be an unusual package. Is that normal? is he telling me that b/c none on the lot and he doesn't want to pay to ship one from out of state? could i offer to pay that costs and if so, what would it run?
 
sorry for all the questions, but youre an awesome source to make sure i don't screw this up.
 
Jimmy

#410 of 599 How long if at all for custom by jimmy24

Nov 19, 2010 (2:31 pm)

Feel like I have fair offer on 750iL w luxury seating, camera and iPod only. Salesman says can't find so has to order which will take 4-6 weeks. My question its not a difficult (metallic silver) color or options and is he just not wanting to pay delivery? Is that a bargaining issue for me or can I pay to have it shipped now instead of waiting 6 weeks? If so how much would it coats me or dealer on average? Thanks.

#411 of 599 Re: How long if at all for custom [jimmy24] by kyfdx HOST

Nov 19, 2010 (6:49 pm)

Replying to: jimmy24 (Nov 19, 2010 2:31 pm)
They make them in Germany... they get here on a boat... They aren't waiting six weeks to ship it... they have to build it first, then it travels by truck or rail to a port.... then, they put it on a ship.. arrives in port, then travels again by truck, or rail, then truck to the dealer.. Six weeks is pretty quick.. They can't send them by FedEx..
 
If he had one available now, I'm sure he would sell it to you..

#412 of 599 Re: How long if at all for custom [kyfdx] by jimmy24

Nov 19, 2010 (7:39 pm)

Replying to: kyfdx (Nov 19, 2010 6:49 pm)
Thanks. Do you know how much it would costs for him or me to ship one in the US vs making one? Who normally pays for that service?

#413 of 599 Re: How long if at all for custom [jimmy24] by kyfdx HOST

Nov 20, 2010 (7:25 am)

Replying to: jimmy24 (Nov 19, 2010 7:39 pm)
Assuming he can find one.... It depends on how far away it is...
 
To flatbed a car from another dealer, figure $2/mile, at least.. If it's close enough to swap one and drive the other one back, then $200-$300.. Be assured, that anything that adds cost to the dealer will come out of your pocket, directly or indirectly.. No free lunch.
 
But, most dealers don't keep a lot of inventory on 7-series... The typical buyer of a $90K car wants it exactly the way he wants it... Ordering a high-end BMW is typical..
 
If he says he can't find one, he probably can't....

Messages Page 42 of 61

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