Last post on Nov 29, 2013 at 9:22 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 7 Series, Car Leasing, Sedan
#635 of 653 Re: 2013 BMW Li 36 month lease [brb0pcb]
Aug 30, 2013 (11:27 am)
brb0pcb, configure your exact car on bmwconfig.com. The site will give you the MSRP and Invoice. Take the invoice price of your configuration and subtract incentives ($5000 BMW Cash, $1500 loyalty if you are a current BMW owner, $1000 certificate if you recently attended a BMW ultimate driving event). Invoice – incentives should be a good price to aim for.
On lease terms, as far as I am aware, for a 740i, the August residual for 36 month/15K miles is 53% and the money factor is .00127. One of the forum moderators can confirm this for you (not sure if 740i and Li have the same terms). Input your MSRP, negotiated price, residual and money factor in an online lease calculator and you will get a monthly payment.
Generally speaking, a $82K MSRP car will roughly have an invoice of $76K. Subtracting incentives from invoice (assuming you qualify for all incentives) will yield you a price of $68,500. At the above terms, this gives you a monthly payment of ~$836 before tax with zero down payment. Keep in mind that all of this is based on August incentives/terms. I have no idea if these will carry over into September. The forum moderators can help you with this.
I wouldn't recommend making a down payment on a lease (you will lose it if the car is totaled in an accident). If monthly payments are too high for you with zero down, IMHO, park the money in a bank and apply some of it towards your payment each month. Alternately, you can use the money to make multiple security deposits upfront. This will reduce your money factor (interest rate) and therefore decrease your monthly payment. My understanding is that these security deposits are refundable at the end of your lease, but please confirm this with your dealer.
Hope this helps.
#636 of 653 Re: 2013 BMW Li 36 month lease [brb0pcb]
by kyfdx@Edmunds HOST
Aug 31, 2013 (3:57 am)
.00125 and 53% residual for 36mo, 15K mi/yr for the 2013 740Li
#637 of 653 Re: September Residual Value for 750i
Sep 04, 2013 (2:26 pm)
I just was told by a dealer that September Residual Value for the lease of a 750i for 36 months and 10K miles is now 52%. Is this right?. Can somebody please confirm this?
#638 of 653 Re: September Residual Value for 750i [jvergara]
Sep 05, 2013 (6:46 am)
For a 2013? That is correct but the build out cash is now $7500
#639 of 653 Re: September Residual Value for 750i [jasonmdbmw]
Sep 05, 2013 (6:58 am)
Thanks Jason. Yes, it is for a 2013. Even with an expanded build out cash from $5k to $7.5k when doing the math and comparing seems like the net effect in the lease price is not as good as it was in August with a 56% RV
#640 of 653 Residual for 2014 750li x drive
Sep 15, 2013 (9:12 am)
Does anyone have residuals and MF for a 2014 750lix ?I was offered 1400/month on a 2014 750li x with a sticker of 111k.
0 down payment
They wanted 4 security deposits[refundable at the end of the lease]
Is this a decent lease deal?
I would appreciate some help
#641 of 653 Re: Residual for 2014 750li x drive [cukoodukoo]
by kyfdx@Edmunds HOST
Sep 15, 2013 (4:49 pm)
.00125 and 57%
Free M-Sport package on all 7-series and $1500 of lease loyalty cash available..
#642 of 653 How much for 36/15k 750Li
Sep 16, 2013 (3:16 pm)
I need some quick advice. I was contacted to turn in my current 7 early and am fine w a '13 or '14.
With the package I want before any reductions at all it is about $95k.
Apparently the incentives end this month so all quick help appreciated.
Two questions. One, how much should I look to be paying on 36/15k?
Two, is there a difference financial or otherwise between the '13 and '14?
Thanks to all.
#643 of 653 Re: How much for 36/15k 750Li [jimmygator]
Sep 19, 2013 (4:54 am)
The 13 are out of production,you can only order a 14 .You might be able to find a 13 on the lot that might suit your needs .The 14 has an upgraded digital Dash cluster and touch I drive.I was offered the same money factor of 0.00125 for both 13 and 14. The residual for a 13 was 49% for 15k.The residual for a 14 for 12k is apparently 57% .
#644 of 653 Re: How much for 36/15k 750Li [cukoodukoo]
Sep 19, 2013 (6:36 am)
Thanks. Based on the MSRP I gave what would that work out to on a 36 month lease w 15k/miles/year? Thanks for any guidance.