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Prices Paid: Buying & Leasing Experiences BMW 6-Series Lease Questions
136 messages, Last post on May 12, 2009 at 8:45 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: bmwfan23 (Nov 27, 2007 8:06 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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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
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Replying to: Car_man (Dec 19, 2007 3:35 am) bmwfan23 |
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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?
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Replying to: jtrejo (Dec 24, 2007 3:50 pm) 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?
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Replying to: dabledog (Dec 21, 2007 3:24 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jtrejo (Dec 24, 2007 3:50 pm) 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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Replying to: jtrejo (Dec 29, 2007 7:44 pm) Now let's take a look at the other important aspect of this deal, the selling price. A 2007 BMW M6 Coupe that has an MSRP of $102,875 probably has a dealer invoice price of around $94,945. When we subtract the $4,500 dealer cash that BMW is providing on leases of this model from that we arrive at right around $90,500. This is almost exactly the price that you were quoted, so it looks like an excellent deal to me. If you like the car, and who wouldn't  , I personally don't see any reason not to go for it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Guys, I've never leased before so any advice is appreciated. My local BMW dealer in Roswell GA just referred to the bmwusa.com website for the current lease price. (plus $469 dealer fee $42 tag ) Vehicle Registered outside N.Y. • $999 First months payment • $3,500 Down payment • $1,000 Security Deposit • $5,499 Cash due at signing MSRP of $76,375.00 10k/yr The features I priced out came to $78,475. Would an experienced BMW leasee accept this at face value or should I be negotiating? If so, in what way? My credit is perfect if that matters. I don't drive more than 10k miles per yr. How does my price of about 2k more typically affect the $999/month price? I'm worried that's where my inexperience will get exploited. I get the impression that these lots have cars with a lot of the features you don't need just to inflate the price. Is that observation correct? No local cars here with my preferred color under $86k so do they order one for you for a lease or do you always have to lease what's on the lot and therefore pay a higher lease? Thanks very much for puting yourself in my inexperienced shoes and offering any tips. Randy
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Replying to: leross (Feb 17, 2008 11:25 am)
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