Ask the Car People.SM


BMW 7-Series Lease Questions

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

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 49 of 61

#476 of 599 Lease based on MSRP? by malibugaga

Nov 29, 2011 (11:02 pm)

Hi car people -
I am thinking I am going about leasing my next car the wrong way.
The car in question: 2012 BMW 750 Li which pretty much only has luxury seating package and premium sound system.
I just realized that the salesman has been quoting me my lease terms based on MSRP of the vehicle. I am supposed to get some discounts off the MSRP with the incentives the dealers get, correct?
Can someone please explain to me how to go about not getting ripped off?
MSRP: 92,375
5k (including tax, title, registration etc + 1st month)
36 mos
12k miles
989/mo including taxes
 
SO - if I get a discount off of MSRP, my payment etc should change as well, correct?
 
Thank so much for your help!!

#477 of 599 Re: Lease based on MSRP? [malibugaga] by kyfdx HOST

Nov 30, 2011 (5:15 am)

Replying to: malibugaga (Nov 29, 2011 11:02 pm)
Residuals are always based off of MSRP..
 
Ask your salesperson what the selling price is for that deal. I'm sure there is already a discount involved, or your payment would be much higher..

#478 of 599 750Li Lease by fearno

Nov 30, 2011 (8:26 pm)

What's BMW's current money factor for a 36 month lease on a 750LI? I'm being quoted silly numbers by dealers - 0.00025, or more. Also, what's the residual on 15k miles year? Finally, with all of BMW's current incentives, how much discount (as a percentage) on MSRP is reasonable? Grateful for any help with this.

#479 of 599 New December Factory to Dealer incentives - December by knarang

Dec 04, 2011 (7:09 am)

I am hearing there are new factory to dealer incentives in December. Anyone know details?

#480 of 599 Re: New December Factory to Dealer incentives - December [knarang] by shawn757

Dec 04, 2011 (2:07 pm)

Replying to: knarang (Dec 04, 2011 7:09 am)
I am hearing it's dealer cash and conquest. I don't know how much still

#481 of 599 Re: BMW 7-series lease rates November 2011 [shawn757] by Car_man HOST

Dec 04, 2011 (5:13 pm)

Replying to: shawn757 (Nov 22, 2011 1:11 pm)
Hi shawn757. I'm aware of the first three cash incentives that you mentioned, but not the dealer cash.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#482 of 599 Re: BMW Leases [miamimonty] by Car_man HOST

Dec 04, 2011 (5:15 pm)

Replying to: miamimonty (Nov 22, 2011 6:27 pm)
Hi miamimonty. BMW is currently providing cash incentives of $3,500 and $2,500, $6,000 total, on leases of this car...in addition to its special lease money factor and residual value.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#483 of 599 Re: Money Factor and Residual for 740Li [travelguy] by Car_man HOST

Dec 04, 2011 (5:17 pm)

Replying to: travelguy (Nov 27, 2011 12:59 pm)
Here's the information that you're looking for, travelguy. BMW Financial Services' current buy rate lease money factor and residual value or a 36-month lease of a 2012 740Li with 15,000 miles per year are .00190 and 56%, respectively for consumers who qualify for its top credit tier.
 
This car's money factor is lower for loyal customers.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#484 of 599 How are incentives applied in 740i lease? by mrpierre12

Dec 15, 2011 (11:22 pm)

Hi Car man - can you explain how 6K in BMW cash and/or option incentives can be applied to a current 740i lease formula (MSRP 77K/10K miles) to reduce my upfront out of pocket expense or monthly payment? Is it used primarily, or only, as a cap cost reduction?
 
I understand lease principles but I am having trouble factoring in incentives. This offer also includes trade-in equity of 2K. Can you help me become better informed?
 
Thank you!

#485 of 599 Is this a fair deal? by lexusjg

Dec 20, 2011 (8:36 pm)

CarMan-- can you beat the nationally advertised deal on the 7 series if you negotiate? Will the dealer go below the national deal?
 
740i
Black sapphire metallic
Black Dakota leather
Convenience package
Power tailgate
Comfort access keyless entry
Soft close doors
Premium sound package
Sirius satellite
Premium hi-fi
19 inch alloy radial spoke wheels
 
3 yr --36 month lease--- no cap cost reduction--10k miles
$820 plus tax
 
This is the national deal, can you beat that..
Also curious to know the answers to the post above..
 
Thank You

Messages Page 49 of 61

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement