Ask the Car People.SM


BMW 7-Series Lease Questions

607 messages,  Last post on Jun 14, 2013 at 9:12 PM

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

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

Messages Page 8 of 62

#64 of 607 Re: ? regarding lease of 2007 250Li [bmwinfo1] by Car_man HOST

May 03, 2007 (4:19 am)

Replying to: bmwinfo1 (Apr 10, 2007 1:53 pm)
Hi bmwinfo1. Where did you get the money factor that you mentioned in your post from? It is much lower than BMW Financial Services' actual factor for this car. BMW FS' May buy rate lease money factor and residual value for a 36 month lease of a 2007 BMW 750Li with 10,000 miles per year are .00275 and 61%, respectively. I would be happy to use this lease program to estimate what this car's monthly payment would be, but in order for me to do so I need you to provide me with both its full MSRP and its approximate selling price.
 
Car_man
Host
Prices Paid Forum

#65 of 607 2007 BMW Alpina B7 Lease Questions by dxhanrahan

May 18, 2007 (7:54 am)

I have a deposit down on a Alpina B7. The car arrives today. I want a 3 year lease with 15k miles per year. The dealer is telling me the BMW money factor is .004 and it is because these cars are so limited. He is also telling me the residual is 49%. Does this sound right to you? Can he offer me alternate lease companies besides BMW Financial?

#66 of 607 Re: 2007 BMW Alpina B7 Lease Questions [dxhanrahan] by Car_man HOST

Jun 05, 2007 (2:48 am)

Replying to: dxhanrahan (May 18, 2007 7:54 am)
Hi dxhanrahan. BMW is not currently providing any lease support on the B7 Alpina. As a result, if you were to lease one through BMW Financial Services, you would have to use its standard lease program. Even so, the money factor that you were quoted sounds a little high to me. BMW FS' buy rate standard money factor varies by region, but it should be in the .003XX range, probably more like .00320 to .00350 rather than .00400. I'm sure that the dealer you are working with is trying to mark BMW's buy rate up to add additional, hidden profit to your deal. This practice is very common amongst BMW dealers. See if you can get the dealer that you are working with to use the buy rate to calculate your car's monthly payment.
 
Car_man
Host
Prices Paid Forum

#67 of 607 Re: 2007 BMW Alpina B7 Lease Questions [Car_man] by dxhanrahan

Jun 05, 2007 (5:46 am)

Replying to: Car_man (Jun 05, 2007 2:48 am)
Thanks. I ended up getting a .0035 factor after working them on it.

#68 of 607 Lease End Question by stddev

Jul 13, 2007 (2:01 pm)

I've looked everywhere for an answer to the following question. I'm hoping someone here can answer.
 
Here's the situation:
I'm coming to the end of a 42-month lease on a 2004 745Li. It's in perfect condition with VERY low mileage -- 17K miles (the lease was written for 35K over the term).
 
Here's the question:
 
Is there any way that I can monetize the extra "value" from the low mileage when I go to replace the car with a 2007 or 2008 7-series.
 
Thanks

#69 of 607 Advise for lease of 2007 BMW 750Li by dimple

Jul 16, 2007 (8:37 pm)

I'm trying to lease BMW first time and need help.
 
I got final negotiation result for follows. Please advise whether I need to negotiate more or accept it.
 
1. M.S.R.P. include options ($86,690)
2. 36 month lease with 15K mile/year
3. $2350 down (first month, registration fee)
4. $1300 security deposit
5. Monthly payment: $1,203 plus tax (7.75% S.Calif.)
                    Total $1,296/month
 
I will appreciate your comments.
 
Thanks,

#70 of 607 Need Advise / Help - Money Factor by memde

Aug 01, 2007 (8:55 am)

I am negotiating on a new 750Li and need help with what I should expect on a fair money factor
 
MSRP: $88,000
Sale Price $82,000
Resid value 58%
Term: 36 month
Miles: 15K per year
money Factor: .0031
 
From what I have read it appears that this money factor should be closer to .0023 to .0025
 
I am in Houston, TX and need some advise...Please help!!!!
 
Memde

#71 of 607 Re: Advise for lease of 2007 BMW 750Li [dimple] by Car_man HOST

Aug 24, 2007 (2:09 am)

Replying to: dimple (Jul 16, 2007 8:37 pm)
Hi dimple. You never mentioned the selling price of the 750Li that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#72 of 607 Re: Need Advise / Help - Money Factor [memde] by Car_man HOST

Aug 24, 2007 (2:11 am)

Replying to: memde (Aug 01, 2007 8:55 am)
You're in luck, memde. BMW recently enhanced its lease program for the 2007 7-Series. In addition to lowering its buy rate lease money factor to .00250, BMW introduced $3,500 dealer cash on leases of it. You definitely should renegotiate this deal, taking these new, enhanced incentives into account.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#73 of 607 Re: Need Advise / Help - Money Factor [Car_man] by bmwca1

Aug 27, 2007 (1:11 pm)

Replying to: Car_man (Aug 24, 2007 2:11 am)
I am shopping for a 750Li 36mo 15K lease. I had an offer for 0.0031 MF and $2k over invoice in No. CA in April 2007.
 
Car_man, what would you recommend for a target cap cost and MF? (MSRP/INV incl dest is $84,375/$77,640) in light of the new incentives. The dealer told me that the incentive is only for buying not leasing, true?
 
Thanks for your help
 
bmwca1

Messages Page 8 of 62

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