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

#548 of 599 Re: 2013 750i preorder ?'s, lease. [kath0] by Car_man HOST

Oct 29, 2012 (10:20 am)

Replying to: kath0 (Oct 24, 2012 10:20 pm)
Hello Kit. BMW Financial Services' October buy rate lease money factor and residual value for a 36-month lease of a 2013 750i with 10,000 miles per year are .00135 and 58% for consumers who qualify for its top credit tiers.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#549 of 599 Re: Thanks. [nother1inlin] by Car_man HOST

Oct 29, 2012 (10:33 am)

Replying to: nother1inlin (Oct 26, 2012 1:44 pm)
Hi nother1inlin. BMW Financial Services' current buy rate lease money factor for most models is .00135. That's equivalent to an interest rate of around 3.24%. On an ordered BMW, you can lock in the lease program that is available at the time that you placed your order and then use either that program or the one that is available at the time of delivery, whichever is better. Which is a good thing because I suspect that BMW's December programs will be fairly aggressive because it is in a dog fight with Mercedes-Benz for the U.S. sales title.
 
Car_man
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#550 of 599 Re: Thanks. [Car_man] by nother1inlin

Oct 30, 2012 (10:54 am)

Replying to: Car_man (Oct 29, 2012 10:33 am)
A dealer is offering me 2K below invoice but the money factor they want to use is .00175 - is that fair?

#551 of 599 Re: Thanks. [nother1inlin] by Car_man HOST

Oct 30, 2012 (4:15 pm)

Replying to: nother1inlin (Oct 30, 2012 10:54 am)
Hey nother1inlin. Is this a 2013 model? Is it equipped with the M Sport Package? I'd say that $2,000 below invoice plus that money factor is reasonable for a '13 without M Sport...though I would still prefer that the dealer use the buy rate whenever possible.
 
Car_man
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#552 of 599 Re: Thanks. [Car_man] by nother1inlin

Oct 30, 2012 (5:29 pm)

Replying to: Car_man (Oct 30, 2012 4:15 pm)
It is 2013 with M sport (no cost option). Vehicle in stock - please advise if I should order and wait 8 weeks for delivery to lock in a better money factor (possibly) but the price will then be at invoice and no less

#553 of 599 Happy Halloween! by kath0

Oct 31, 2012 (8:47 pm)

Can we have the November lease rates please and what any specials are for the end of the year that are known? Is M Sport package still free? Thanks very much! Kit

#554 of 599 Re: Thanks. [nother1inlin] by Car_man HOST

Nov 01, 2012 (6:13 am)

Replying to: nother1inlin (Oct 30, 2012 5:29 pm)
If I could get an ordered 2013 7 at invoice I would definitely do it. That's a good deal. You'll be getting the exact car that you want at an excellent price with the potential that the lease program on it will improve by the time your car arrives.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#555 of 599 Re: Happy Halloween! [kath0] by Car_man HOST

Nov 01, 2012 (6:18 am)

Replying to: kath0 (Oct 31, 2012 8:47 pm)
Hi Kit. BMW is scheduled to introduce its new November programs some time later today, though I don't know if that will be delayed as a result of the horrible storms that they had in the Northeast.
 
Starting in September all 7-Series models are being produced with free M Sport packages. All of the units in inventory that have this option will likely continue to receive credits from BMW for them.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#556 of 599 Re: Happy Halloween! [kath0] by miamivicing

Nov 01, 2012 (6:41 am)

Replying to: kath0 (Oct 31, 2012 8:47 pm)
On Edmunds, an incentive I haven't seen yet has appeared, $3500 holiday money. The deal is listed as follows:
 
Leasing Incentive 1
 
Requirements and Restrictions:
•Down Payment: $3,500
•Security Deposit: $0
•Lease Cash: $4,250
•Annual Mileage: 10,000
•Loyalty Lease is based on the 2013 740i. MSRP as equipped is $74,195. $2,625 Dealer contribution and $4,250 Lease Cash are required for the $809 monthly payment. Lease Cash includes $750 (Loyalty Bonus Cash) and $3,500 (Holiday Bonus Cash). $5,034 due at signing. Tax, tags and insurance are extra. Must finance through BMW Financial Services.
 
I didn't check about the continued M package, but I am almost positive that it will be a continuing incentive (btw - it doesn't really cost them more). Also, the interest rates continue to be 3.29%, which I will assume based on this number that the lease/money factor is .00137 (3.29/2400) and is thus not changed from last month.
 
So, we got a new incentive. Let's see if we get another one during 1st week of Dec. GL!

#557 of 599 Re: Happy Halloween! [Car_man] by nother1inlin

Nov 01, 2012 (2:13 pm)

Replying to: Car_man (Nov 01, 2012 6:18 am)
Apparently the program is out - $3500 cash, .00125 MF but 55% residual on 10K - this was 58% earlier
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