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BMW 7-Series Lease Questions

599 messages,  Last post on Apr 17, 2013 at 3:13 PM

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

Messages Page 8 of 61

#66 of 599 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 599 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 599 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 599 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 599 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 599 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 599 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 599 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

#74 of 599 Re: Need Advise / Help - Money Factor [bmwca1] by Car_man HOST

Aug 31, 2007 (3:34 am)

Replying to: bmwca1 (Aug 27, 2007 1:11 pm)
Hi bmwca1. Waiting to get your 750Li certainly worked to your advantage. BMW is providing a ton of lease support on this car right now. Not only is its money factor lower now than what you were quoted, .00250, BMW is providing a $3,500 dealer cash incentive on leases of it. The person who told you that this cash incentive is only available on purchases, not leases, was either confused or lying. If I personally was in the market for this car, I would shoot for a selling price of around $2,500 to $3,000 under invoice and see what happens.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#75 of 599 Re: Need Advise / Help - Money Factor [Car_man] by atb84

Sep 08, 2007 (1:56 pm)

Replying to: Car_man (Aug 31, 2007 3:34 am)
Hi Car_man. I'm a bit confused and just wish to have something clarified. I'm currently looking at a 750Li that lists for $86,750. I've not started negotiations yet but the salesman did say he'd "work some good numbers for me." I had told him I just came from the Lexus dealer down the street and not sure if I wanted to go with the LS460. That may have had something to do with it. However based on your reply, he obviously has room to play and thus may explain things. But one question: did you mean to say $2500 to $3000 UNDER invoice??? The person you were responding to mentioned a couple grand over invoice, so are you suggesting they could get close to $5000 more off, PLUS the cash AND financing incentives? Please explain for I think I may make a move this week. Thank you so much. You've been very helpful.

Messages Page 8 of 61

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