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BMW 6-Series Lease Questions

136 messages,  Last post on May 12, 2009 at 8:45 PM

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What is this discussion about? BMW 6 Series, BMW M6, Car Leasing, Coupe, Convertible

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#106 of 136 Re: 650Ci lease question [ricardoghunter] by mkp6er Nov 20, 2007 (2:46 pm)
Replying to: ricardoghunter (Nov 20, 2007 12:54 pm) Thanks for the reply! I'm in northern CA. I havent really ventured out to get multiple quotes as yet, but will do so this week. From my research, it does appear that the cars are a bit cheaper in the SE, and dealers are more willing to negotiate price. I've not had that experience yet, although I have had 3 salesmen from the same dealership contact me this week, each trying to sell me a new car, claiming they have new incentives to clear out the 07 inventory.   I have also heard from friends in the EC, that when you buy a new BMW, a weekend driving class is included in the price at the BMW driving school. I've not heard that in California. Were you offered the M driving course with your purchase?
#107 of 136 M6 lease by ricardoghunter Nov 21, 2007 (6:52 am)
This may be the case. I'm not sure if that includes the lease of a new M. I can always ask. My dealer is working on getting me another car- another salesperson sold my car out from underneath me.
#108 of 136 Advice sought on M6 lease by bmwfan23 Nov 27, 2007 (8:06 pm)
Carman,    Good advice so far...thanks for the previous posts. I have an offer from a dealer I would like your opinion on. 2007 M6 coupe, msrp ~109k, cap cost of 101k, residual 72% (on 2 year lease), mf .00290 and a pretax payment of $1512/month with no money down (2 years, 10k miles per year). The dealer is also willing to absorb my current lease-2006 Z4 with 14 months left at $450/month (on a 30 month lease) at no additional charge. Does this sound like a good deal to you? Anyone else feel free to comment as well. Thanks again. Replies to this message: Car_man (Dec 19, 2007 3:35 am) bmwfan23 (Dec 21, 2007 8:29 pm)
#109 of 136 Re: Advice sought on M6 lease [bmwfan23] by Car_man HOST Dec 19, 2007 (3:35 am)
Replying to: bmwfan23 (Nov 27, 2007 8:06 pm) You're very welcome, bmwfan23. The car that you are interested in probably has a spread of around $8,500 between its full MSRP and its dealer invoice price. The $8,000 discount that you were quoted looks good to me, especially given the fact that the dealer is absorbing the cost of getting you out of your Z4 lease early. BMW Financial Services' buy rate lease money factor for a 24 month lease of this car is .00270 for consumers who pay a security deposit at lease signing and .00285 with the waiver if the security deposit. That's pretty close to what you were quoted. Overall, I would say that this is a pretty good deal for this car.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: bmwfan23 (Dec 21, 2007 8:29 pm)
#110 of 136 650cic lease by dabledog Dec 21, 2007 (3:24 pm)
i'm looking at a lease on a new 2007 650cic msrp 94,470. the price i was quoted was 2249 at signing and 1107 for 36 mos, 100,000 yr with a residual of 58,500. Is this a good deal? Thanks Replies to this message: Car_man (Jan 11, 2008 2:25 am)
#111 of 136 Re: Advice sought on M6 lease [Car_man] by bmwfan23 Dec 21, 2007 (8:29 pm)
Replying to: Car_man (Dec 19, 2007 3:35 am) I'm glad you thought it was a reasonable deal, as I now have the car and love it! I look forward to spring so I can drive it every day. What a nice car!                                                                                          bmwfan23
#112 of 136 m6 lease questions by jtrejo Dec 24, 2007 (3:50 pm)
2007 m6 convertible used with 757 miles net cap cost-98,995 money factor-.00205 through us bank 1529.83/mo without tax residual 49% 3 yr lease 12k mi/yr   Can i get a better deal? Replies to this message: jtrejo (Dec 29, 2007 7:44 pm) Car_man (Jan 11, 2008 2:48 am) Car_man (Jan 11, 2008 2:35 am)
#113 of 136 Re: m6 lease questions [jtrejo] by jtrejo Dec 29, 2007 (7:44 pm)
Replying to: jtrejo (Dec 24, 2007 3:50 pm) I have a deal on the table for a 2007 black m6 coupe 1725.00 down Payments for 30 months 10k/yr come out to 1107.14+tax=$1198.48 Cap cost came out to $90419.35, MSRP was $102,875 money factor is .00265 is this good? Replies to this message: Car_man (Jan 11, 2008 2:48 am)
#114 of 136 Re: 650cic lease [dabledog] by Car_man HOST Jan 11, 2008 (2:25 am)
Replying to: dabledog (Dec 21, 2007 3:24 pm) Greetings dabledog. You never mentioned the selling price of the 650 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 the 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
#115 of 136 Re: m6 lease questions [jtrejo] by Car_man HOST Jan 11, 2008 (2:35 am)
Replying to: jtrejo (Dec 24, 2007 3:50 pm) Hi jtrejo. Is this car technically a used vehicle or was it just a dealer demo? If it was always at the dealer and never owned by anyone it is still technically considered to be a "new" car and it would qualify for BMW Financial Services' new vehicle lease program.   Have you gotten a quote for a similar lease of this car through BMW Financial Services? I ask because even though BMW FS' money factor for a new 2008 M6 Convertible is significantly higher than U.S. Bank's (.00270 versus .00205) its residual value is much better (62% versus 49%). You definitely should compare the two options before committing to one.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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