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Prices Paid: Buying & Leasing Experiences
BMW 6-Series Lease Questions
136 messages, Last post on May 12, 2009 at 9:45 PM
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Can anybody help me? Is that a good deal? 650i, sport, auto, pear leather, comfort access MSRP $83,025 Sale Price $78,440 24 month, 10,000 mile-per-year lease $1914.59 Total Drive off $0 Cap Reduction No Security Deposit 23 additionaly payments of $1204.47 + tax = $1303.84 (8.25% Sales Tax in LA) 69% Residual ($57,287.25) .00210 Money Factor $825 Acquisition Fee (Capitalized) $45 Doc Fee (Capitalized) This is if I don't make a security deposit, if I do, then MF is .00195 and the payments would be $1281.66. Is that a good deal or should I push more for the sale price... right now it's about $1500 over invoice.
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Replying to: vince83 (Jun 05, 2008 2:55 am) |
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Can someone tell me if this is a good deal? 650I, sport, premium sound, comfort access, cold weather, head on display, HD radio, SIRIUS satelite MSRP: 84695 excluding denstination and handliing fee Selling: $78075 Down payment: $1700 TDO Monthly: 1080$ (qualify for Owner loyalty program). This is 36 month lease w/ 12k miles/yr. Please help. Thank you |
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Replying to: boyla (Jul 23, 2008 9:18 pm) |
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Replying to: boyla (Jul 23, 2008 9:18 pm)
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Replying to: robfloridagold (Jul 26, 2008 10:35 am) I expected much more trouble getting my price for a car that lists for $110K, but it wasn't really a problem. I'm in Jersey, but found a great salesman at West German BMW in PA. Great guys and ready to deal. Can't beat that.
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Replying to: ajamo (Aug 20, 2008 3:48 am) |
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| I've heard that BMW financial offers you several months early to get out of your lease if you re-lease another BMW. Is this true and with a 3 year payment history with them do they offer you better Money Factor's, lower downs and other perks? I am wanting to get a Z4 or 6 Series this time. No need for an SUV. | |
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boyla and jed, I think your numbers are high. the base rate on the money factor is .00190, assuming these are 2009 cars. You should be paying around 500 over invoice for the car if its an 09. also, given the climate, you should pay the acquisition fee up front if you can, rather than paying interest on it for the lease term. if you have the money, multiple security deposits are the way to go, pushing down your MF to .00140. It will mean giving BMWFS a lot of money for the term of the lease, but the savings to you are tremendous, way more than you could earn putting the money into any kind of investment. look at bimmerfest.com for tons of info on getting the best lease deals. |
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| oops. i see my post is very late. sorry. | |
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