599 messages,
Last post on Apr 17, 2013 at 3:13 PM
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BMW 7 Series, Car Leasing, Sedan
#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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#582 of 599 Re: 740Li and 750Li [Car_man]
by kickazzz2000
Feb 08, 2013 (11:14 am)
Thanks Car_man,
I would imagine that the 13,000 off is due to the dealer cash. Certainly couldn't hurt to subtract another $7,500 from that total.
The car is $92,375 with $13,000 off right off the bat. Was hoping to score it for closer to 70K.
They have 7 of them on the lot discounted like that, so it does appear that they have a glut of inventory.
KK
#583 of 599 Rates for 750ix
by rr4mywife
Mar 18, 2013 (1:49 pm)
Hi Car_Man,
Would you have the MF and residual rates for a 2013 750ix for both 12K and 15K miles. Are you aware of any incentives on 2013 models? Thanks
#584 of 599 Re: Rates for 750ix [rr4mywife]
by Car_man HOST
Mar 24, 2013 (6:47 am)
Greetings rr4mywife. BMW Financial Services' buy rate lease money factor and residual value for a 36-month lease of a 2013 750ix with 15,000 miles per year are .00130 and 55% for consumers who qualify for its top credit tiers.
The residual value for a lease with 12,000 miles per year would be 2% higher.
BMW is currently providing a $3,500 cash incentive on leases of this car through BMW FS.
Car_man
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#585 of 599 Re: Rates for 750ix [Car_man]
by rr4mywife
Mar 24, 2013 (7:08 am)
Thank you Car_Man. Switching gears here ... went to the dealer yesterday and got the following quote on a 2013 740 LiX, with cold weather and M Sport (which is essentially free), BMW Apps:
- MSRP: 82,545
- Sell price: 78,666
- MF: 0.00130
- Residual: 55%
NYS taxes (8.625%) rolled into the payment, 36 month lease at 15K miles per year:
Total upfront: 2,488 (1rst month, bank, tags, etc.)
Monthly: $1,098/month
Is this a good deal? I need to move on this by 3/31. Would appreciate any advise.
Thx
#586 of 599 Re: Rates for 750ix [rr4mywife]
by Car_man HOST
Mar 24, 2013 (7:12 am)
Hi rr4mywife. The money factor that you were quoted looks good. Does the selling price that you were quoted include the $3,500 cash incentive that is being offered by BMW, or is that being taken off from that? Either way, I wouldn't be surprised if you were able to negotiate a larger discount than this. All told, between in incentives and the spread between MSRP and invoice there's probably at least $11,000 to play with on this car. It wouldn't hurt to comparison shop some more.
Car_man
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