599 messages,
Last post on Apr 17, 2013 at 3:13 PM
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BMW 7 Series, Car Leasing, Sedan
#572 of 599 BMW website lease deals
by doctorg24
Jan 10, 2013 (1:05 pm)
Is it unrealistic to expect to get a 740Li xdrive at the advertised $889/month with $3500 down? I am trying to get a dealership to agree to those terms, but they are giving me the run around.
Also, are acquisition fees different at different dealerships, or are these guys trying to pull a fast one on me?
Thanks!
Doc
#573 of 599 2013 750 European Delivery
by rialto11
Jan 10, 2013 (9:51 pm)
Hello CarMan,
thank you for all the advice. I have ordered a 750ix, getting about 6% off Euro delivery MSRP. I have to lease it in order to get the $4250 rebate. I offered to provide 7 security deposits. What is a reasonable money factor , before the discount for the deposits( they offer a 56% residual for 36M, 10K/year).
Many thanks!
#574 of 599 Re: 740Li and 750Li [wiseguy33]
by Car_man HOST
Jan 11, 2013 (9:17 am)
Hi wiseguy33. BMW Financial Services' January buy rate lease money factor and residual value for a 36-month lease of a 2013 740Li with 10,000 miles per year are .00130 and 54% for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical lease of a 2012 750Li are .00130 and 55%.
When negotiating your deal on either of these cars, make sure to take advantage of the $3,500 cash incentive that is currently available on leases of them.
Car_man
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#575 of 599 Re: 740Li and 750Li [Car_man]
by Car_man HOST
Jan 11, 2013 (9:18 am)
Oh yeah, there's $750 in owner loyalty cash on top of that as well if you're a returning BMW customer. Just thought that I'd add that in case you weren't aware of it.
Car_man
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#576 of 599 Re: BMW website lease deals [doctorg24]
by Car_man HOST
Jan 11, 2013 (9:21 am)
Hi Doc . BMW charges a $725 acquisition fee on every vehicle that it leases. Dealers have the ability to mark this fee up by a couple hundred dollars and often do so. You should look at this mark-up essentially as part of your vehicle's purchase price.
Car_man
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#577 of 599 Re: 2013 750 European Delivery [rialto11]
by Car_man HOST
Jan 11, 2013 (9:24 am)
You're very welcome rialto11. BMW Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 750ix with 10,000 miles per year are .00130 and 55% for consumers who qualify for its top credit tier.
Any reduction for multiple security deposits would come off of that factor.
I don't see a lot of Euro Delivery deals, so I'm not 100% positive that this special money factor is available on that sort of deal, but I believe that it is.
Car_man
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#578 of 599 Re: 740Li and 750Li [Car_man]
by wiseguy33
Jan 11, 2013 (3:39 pm)
Thank you Car_man!
#579 of 599 Re: 740Li and 750Li [wiseguy33]
by Car_man HOST
Jan 13, 2013 (9:25 am)
You're very welcome wiseguy33.
Car_man
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#580 of 599 Re: 740Li and 750Li [Car_man]
by kickazzz2000
Feb 07, 2013 (9:24 am)
Car_man,
I am looking at a discounted leftover 2012 750i (regular wheelbase) and wanted to know the residuals and money factors for 10,000 and 12,000 miles per year. I'd imagine the residuals would be a little lower since its a 2012 and the 36 months would be up in 2016.
Thanks!
Kevin
#581 of 599 Re: 740Li and 750Li [kickazzz2000]
by Car_man HOST
Feb 08, 2013 (10:09 am)
Hi Kevin. BMW Financial Services' February buy rate lease money factor and residual value for a 36-month lease of a 2012 750i with 12,000 miles per year are .00100 and 52% for consumers who qualify for its top credit tiers.
The residual value for a lease with 10,000 miles per year would be 1% higher.
I believe that dealers were paid out $7,500 dealer cash on leftover 7s that they had in inventory, so make sure that you're getting a selling price that's well under dealer invoice on this car.
Car_man
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