599 messages,
Last post on Apr 17, 2013 at 3:13 PM
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BMW 7 Series, Car Leasing, Sedan
#440 of 599 Re: March Incentives [broham1]
by Car_man HOST
Apr 05, 2011 (4:38 pm)
Hi broham1. BMW Financial Services' April buy rate lease money factor and residual value for a 36 month lease of a 2011 740i with 15,000 miles per year are .00165 and 52%, respectively for consumers who qualify for its top credit tiers.
This money factor is reduced by .00030 for loyal customers.
There is currently $2,000 in dealer cash plus option credits on the 7-Series. How much in option credits your car is eligible for depends upon how it is equipped.
Car_man
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#441 of 599 Re: 740LI April Rates [gvitalik1]
by Car_man HOST
Apr 05, 2011 (4:40 pm)
Hi gvitalik1. BMW Financial Services' April buy rate lease money factor and residual value for a 36 month lease of a 2011 740Li with 15,000 miles per year are .00160 and 52%, respectively.
This money factor is reduced by .00030 for loyal customers.
When negotiating your deal, don't forget about the $2,000 dealer cash and option credits that are available on the 7 right now.
Car_man
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#442 of 599 Good deal on 740i lease?
by qafas
Apr 05, 2011 (8:37 pm)
Hello Car man,
Please comment on whether this seems like a good deal or not:
2011 740i (sales demo, but less than 20 miles on it)
MSRP $84475
Cap cost $73450
0 down
2200 due at signing, including first month's payment, acquisition fee, and license fee.
36 months, 12K miles/year
What do you think?
#443 of 599 Re: Good deal on 740i lease? [qafas]
by Car_man HOST
Apr 06, 2011 (4:12 pm)
Hi qafas. The 740i that you are interested in likely has a spread of a little over $6,000 between its full MSRP and its dealer invoice price. Add to that the $2,000 dealer cash that is currently available on this model and you have a total of at least $8,000 to play with during your negotiations. I say "at least" because BMW is providing additional cash incentives on vehicles that are equipped with certain options. It is impossible for me to tell whether the car that you are interested in has them from your post.
You were quoted a sizable discount of $11,000 on this car. That's a good price, but again it is impossible for me to tell if it is at, below, or above invoice without knowing how this car is equipped. Either way, this looks like a pretty attractive price to me.
Just make sure that the dealer uses BMW Financial Services' current buy rate lease money factor of .00165 (.00135 for loyal customers) to calculate your car's payment.
Car_man
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#444 of 599 Re: 740LI April Rates [Car_man]
by gvitalik1
Apr 08, 2011 (2:16 pm)
Hi,
I'm being offered a following deal on 740LI with Convenience Pack, Prem Sound Pack, 19" Allows MSRP 80225, Selling $69995 Total Drive off $2934.44 MF 0.00160 with payment of $989 including tax.
Are these numbers right, as it seems that both packages qualify for credit, so I think there is 2K more to play with?
Many Thanks
Apr 08, 2011 (3:45 pm)
Hi Car Man,
I am currently in the market for a 2012 750li X Drive. What are the current lease rates for this model? Also, would you know of any incentives? Being a new model I assume there will be none but it never hurts to ask.
Thanks!
#446 of 599 2011 BMW 750 Lease
by trumaine03
Apr 12, 2011 (10:24 pm)
Hello Car_man,
I'm looking to lease a 2011 BMW 750LI or 2011 BMW 750LI Xdrive. What are the current lease rates & incentives available for a 36 month, 15k miles/year ?
#447 of 599 BMW 750Li xDrive Lease
by mm1250
Apr 16, 2011 (8:34 am)
Hello Car_Man
Looking to do a lease on a 011 750Li xDrive lease 36months 12k miles a year.
I'm a current BMW lease customer. The MSRP of this 750LI is $98,675. What is the breakdown of all dealer rates & incentives I can try to take advantage of?
#448 of 599 Re: 740LI April Rates [gvitalik1]
by Car_man HOST
Apr 18, 2011 (4:08 pm)
Hi gvitalik1. The money factor that you were quoted is correct for a non-returning customer.
As far as the selling price goes, this car probably has a spread of around $6,500 between its full MSRP and its dealer invoice price. Add to that the $2,000 dealer cash, $1,640 credit for the Premium Sound Option, and $1,545 for the Convenience package and you have a total of around $11,500 to play with during your negotiations. You were quoted a discount of $10,200. That's not bad. You might be able to squeeze a few hundred dollars more out of it, but again this deal isn't bad.
Car_man
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#449 of 599 Re: Lease Rates [jerseyguy70]
by Car_man HOST
Apr 18, 2011 (4:12 pm)
Here you go, jerseyguy70. According to the latest information that I have seen, BMW Financial Services' buy rate lease money factor and residual value for a 36 month lease of a 2011 750Li xDrive with 15,000 miles per year are .00200 and 51%, respectively for consumers who qualify for its top credit tiers.
The money factor is .00030 lower for loyal customers.
While BMW is providing cash on the 2011 model, I don't believe that it has anything on 2012 models yet.
Car_man
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