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

#581 of 599 Re: 740Li and 750Li [kickazzz2000] by Car_man HOST

Feb 08, 2013 (10:09 am)

Replying to: kickazzz2000 (Feb 07, 2013 9:24 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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Prices Paid: Buying & Leasing Experiences Forum

#582 of 599 Re: 740Li and 750Li [Car_man] by kickazzz2000

Feb 08, 2013 (11:14 am)

Replying to: Car_man (Feb 08, 2013 10:09 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)

Replying to: rr4mywife (Mar 18, 2013 1:49 pm)
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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Prices Paid: Buying & Leasing Experiences Forum

#585 of 599 Re: Rates for 750ix [Car_man] by rr4mywife

Mar 24, 2013 (7:08 am)

Replying to: Car_man (Mar 24, 2013 6:47 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)

Replying to: rr4mywife (Mar 24, 2013 7:08 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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Prices Paid: Buying & Leasing Experiences Forum

#587 of 599 Re: Rates for 750ix [Car_man] by rr4mywife

Mar 24, 2013 (8:31 am)

Replying to: Car_man (Mar 24, 2013 7:12 am)
Yes, it does include the 3,500 incentive. Thanks for the advice. Will car shop this week and close a deal soon. Thanks again.

#588 of 599 Re: Rates for 750ix [rr4mywife] by ekaplan

Mar 24, 2013 (10:36 am)

Replying to: rr4mywife (Mar 24, 2013 7:08 am)
I just signed a lead for 12K, 750LIx, 2012, $93,000 plus, and the lease was $1,107 plus sales tax. No money down.

#589 of 599 Re: Rates for 750ix [ekaplan] by rr4mywife

Mar 25, 2013 (6:52 am)

Replying to: ekaplan (Mar 24, 2013 10:36 am)
ekaplan .... mind if I ask what area you live in and the dealer? Thx

#590 of 599 Re: Rates for 750ix [rr4mywife] by ekaplan

Mar 25, 2013 (7:39 am)

Replying to: rr4mywife (Mar 25, 2013 6:52 am)
North Shiore, Massacbusetts, prefer to not mention actual dealer but you can email me direct at ekaplanbosoa.com to discuss further.
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