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BMW 7-Series Lease Questions

172 messages,  Last post on Jul 07, 2008 at 9:06 AM

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

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#81 of 172 Re: Need Advise / Help - Money Factor [topspin628] by atb84 Sep 16, 2007 (10:31 am)
Replying to: topspin628 (Sep 15, 2007 12:44 pm) Hello Topsin628. I'm thinking we should keep in touch for I'm going through a similar process. Reviewing the numbers you show a couple messages back I'm a bit troubled however. According to Edmunds, you're invoice should be more $76,815 (assuming the following options: lux. seating, convenience pckg., sirius radio and destination). Check it out. Now you may be fine with that, but I'd be concerned with the integrity of the salesman/dealer if he/she has told you the invoice is one thing and its actually another. I'd try to find out which is true. Either way, you're doing better than me. On a 750Li listed in the VA/DC/MD area for $87,920, 10k mi/yr; the dealers first offer was: sales price $83,120 (not incl. rebate of 3500), $8084.21 down, and $1084.21/mth ($1105.95/mth for 12k mi/yr). He's at least $2k over invoice. I'm not even sure I want to counter b/c I feel its an insult. I'm working w/ 2 others and should get numbers from them tomorrow. I'll keep you posted. Please do the same. Good luck. Anyone else, please feel free to comment, advice, etc. Replies to this message: topspin628 (Sep 16, 2007 6:31 pm)
#82 of 172 Re: Need Advise / Help - Money Factor [topspin628] by eric312 Sep 16, 2007 (5:25 pm)
Replying to: topspin628 (Sep 15, 2007 12:44 pm) Here are a few sites. No personal recommendation as i found them on Google.   http://www.regencyleasing.com/specials.asp   http://www.excellentlease.com/   http://www.infiniteleasing.com/   http://www.grandprixmotors.net/specialoffers.html   Let us know what they quote you.
#83 of 172 Re: Need Advise / Help - Money Factor [atb84] by topspin628 Sep 16, 2007 (6:31 pm)
Replying to: atb84 (Sep 16, 2007 10:31 am) I'm working w/ 2 others and should get numbers from them tomorrow. I'll keep you posted. Please do the same. Good luck. Anyone else, please feel free to comment, advice, etc.   The 750i was an 82K car and they want 3K over invoice. For the 535 they are working on 1800 over. Surprising to me that the better selling 5's would be lower profit. I haven't really begun to negotiate yet so if I decide to go for the 7 I will push to see where they really are (don't forget, there is 3500 rebate money back that they were applying as a down payment on the lease price but they were still making the 3k on the car per that deal). Also, if you are a current BMW client you get a better money factor (I don't qualify) that drops the payments about 40 bucks a month on the 5 and 7. Let me know how you do and I will do the same. Thanks
#84 of 172 Re: BMW 7-Series: Lease Questions [Car_man] by ohgobucksio Sep 17, 2007 (1:45 pm)
Replying to: Car_man (Aug 31, 2005 3:13 am) Hello Car_man. First of all great forum. Its my first time leasing a car and so I have questions if I may please. Info: 2007 750Li with sport pkg; lux seats; rear ent; night vision; premium sound; 19" tires; convenience pkg; comfort access; power rear shades; sirus radio. I drive a lot so I've asked for 25k miles/yr. Here is what I was quoted in central Ohio for a 3 year lease:   MSRP $ 94,055 Residual $ 48,551 Adj capital cost $ 91,900 He said he came up with the price as follows $ 91,055 selling price ($3,500) rebate $ 725 bank fee $ 3,865 sales tax $ 91,909 adj cost Payment $ 1,604 per mo. ($ 1,103 dep; $389 finance; $100& change tax). Factor .00285 Due at sign: $1,915 (first pmt + lic plates + tax on $ 3,500 rebate). Warr: 4yr/50k. Ext warr: $ 3,875 for additional 50k since I"m going to be driving about 75k miles in 3 years Does not cover maint so that is an extra $ 1,895 for 6yr/100,000 miles   Lastly the other option was to lease it for 2 years to stay in warranty and payment changes to $ 1,718   The comparison on Edmunds shows invoice of $ 87,665 and what others are paying in the area at $ 91,439.   Any feedback would be greatly appreciated. Thank you in advance for your time.   Go Bucks!!! Replies to this message: madmakx (Oct 03, 2007 8:52 pm) martinf (Oct 15, 2007 10:18 pm) madmakx (Oct 18, 2007 9:09 pm)
#85 of 172 Re: Need Advise / Help - Money Factor [Car_man] by atb84 Sep 18, 2007 (8:20 am)
Replying to: Car_man (Sep 14, 2007 3:15 am) Hey Car man and others. Yesterday I had some rather intense negotiations with about three different dealers (mostly over the phone, but had met previously). Anyway two of the three had mentioned that the $3500 rebate was ONLY on the 750i. When I went to BMW's web-site it seemed to confirm that. Do you or anyone else have something different that would deny that. That would help a lot. Also, during negotiations with one of them I was told that they could only get to the "cost money factor" of .0025 I'd have to put something down or more security deposit; otherwise they'll be around .00305. They're telling me its made up of .0025 cost; plus .00015 if security deposit is waived; plus a .0004 dealer applied mark-up or something that they say "every dealer applies." Net cap cost is only about $300 over invoice though. Does this make sense to you? Are they making up discounted cap cost elsewhere like in the money factor? Also, they may have to ship the car in from about 1000 miles away and mentioned charging a few hundred for that. Is that standard? Finally, if you BMW guys at the dealership are listening/reading...hello .
#86 of 172 Re: 2007 BMW Alpina B7 Lease Questions [dxhanrahan] by madmakx Sep 29, 2007 (6:45 pm)
Replying to: dxhanrahan (Jun 05, 2007 5:46 am) Hi Car man, have a question regarding leasing a 2007 750i, do you think the 3500 will just go away or would they replace it with a different program?   I have a lease expiring in about 7 weeks, and as designed the $3500 makes it somewhat attractive to lease now and eat the last two payments, if I wait seven weeks will probably be limited to 2008 models without incentives.   Thoughts? comments? suggestions?
#87 of 172 Re: BMW 7-Series: Lease Questions [ohgobucksio] by madmakx Oct 03, 2007 (8:52 pm)
Replying to: ohgobucksio (Sep 17, 2007 1:45 pm) 750i got a quote today, $3,500 incentive still in place!!!   apply $3500 to drive off...so zero drive off and $1,135 (tax etc, included - 8.25% here in CA) per month on a 36MO/10K miles per year.   2007 750i sports package, luxury seating, convenience, comfort access, premium sound...... Replies to this message: martinf (Oct 15, 2007 10:18 pm) madmakx (Oct 18, 2007 9:09 pm)
#88 of 172 Alpina B& lease figures by woodranch2 Oct 05, 2007 (9:32 am)
For anyone with knowledge I would appreciate your help.I am ready to lease an 07 Alpina B7 and here are my figures.. 3 years 10,000 miles per month MSRP 124,760 Residule value 52% Adjusted cap cost is 114,565 Money factor 0.00299 lease payments are 2055.00 tax included Does this seem like a great lease?Advice needed
#89 of 172 Re: BMW 7-Series: Lease Questions [madmakx] by martinf Oct 15, 2007 (10:18 pm)
Replying to: madmakx (Oct 03, 2007 8:52 pm) That deal sounds great! What is the name of the dealership that you are dealing with? Thanks!! Replies to this message: madmakx (Oct 18, 2007 9:09 pm)
#90 of 172 Re: BMW 7-Series: Lease Questions [martinf] by madmakx Oct 18, 2007 (9:09 pm)
Replying to: martinf (Oct 15, 2007 10:18 pm) Dealing with Long Beach BMW, let me know how it goes..I will wait until end of November until my current lease expires....

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