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BMW 6-Series Lease Questions

136 messages,  Last post on May 12, 2009 at 9:45 PM

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

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#115 of 136 Re: m6 lease questions [jtrejo] by Car_man HOST Jan 11, 2008 (3:35 am)
Replying to: jtrejo (Dec 24, 2007 4:50 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
#116 of 136 Re: m6 lease questions [jtrejo] by Car_man HOST Jan 11, 2008 (3:48 am)
Replying to: jtrejo (Dec 29, 2007 8:44 pm) Hi jtrejo. The money factor that you were quoted for this car looks good to me. It is right in line with BMW Financial Services' buy rate for a 36 month lease of this car to a non-returning customer with a waived security deposit. This is a good sign.   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
#117 of 136 2008 650 Coupe Lease by leross Feb 17, 2008 (12:25 pm)
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 Replies to this message: eights38 (Feb 17, 2008 10:28 pm) leross (Feb 26, 2008 7:36 pm)
#118 of 136 Re: 2008 650 Coupe Lease [leross] by eights38 Feb 17, 2008 (10:28 pm)
Replying to: leross (Feb 17, 2008 12:25 pm) leross - You can do substantially better than the price quoted on BMWUSA.com. In all cases, the dealer prefers to sell you a vehicle on the lot due to the cost of inventory. However, most dealers will be more than happy to locate or order a particular vehicle (ordering could take some time). If you would like help in your search and negotiations, please feel free to email me. Replies to this message: leross (Feb 26, 2008 7:36 pm)
#119 of 136 Re: 2008 650 Coupe Lease [eights38] by leross Feb 26, 2008 (7:36 pm)
Replying to: eights38 (Feb 17, 2008 10:28 pm) Sure, I would appreciate help in getting the best lease arrangement I can get. I'm looking for: 2008 or new, Stratus Gray Coupe, Black interior, Sport package, MSRP as built $78,475, 3yr lease, credit perfect. Alpharetta GA 30004. I could buy outright but don't see any obvious reason to. Thank you.   dealer offered: 3500 down payment, 1000 sec dep, $1153/month - includes $75 tax payment, basically a 12 week wait to get car, 60% residual, 10k miles (ok for me)
#120 of 136 CPO Lease by random987 Mar 01, 2008 (3:40 pm)
According to BMW's web page   BMW is also extending its special lease offers on select 2006 Certified Pre-Owned vehicles.   Does anyone know what the lease deals are for the 2006 650 convertible?
#121 of 136 Used 6 Series Leases by talei123 Mar 23, 2008 (10:14 am)
Im in the market to Lease a used 6 series. Does anyone know the current Lease rates offered if any money factor rate + residual. for a 15,000 mile lease on a used 6 series. I was recently quoted for a used 2005 6 series a with MSRP of 46,995 4500 down and 700 monthly.This was 24months and 18,000 per year. I thought this was very high for that specific car. Carman or anybody else please help ... thx in advance... Replies to this message: Car_man (Apr 01, 2008 3:42 am)
#122 of 136 Re: Used 6 Series Leases [talei123] by Car_man HOST Apr 01, 2008 (3:42 am)
Replying to: talei123 (Mar 23, 2008 10:14 am) Hi talei123. While I know that BMW usually has one of the best lease programs in Certified Used Vehicles, given the lack of popularity of used vehicle leases I do not personally keep tabs on manufacturers' programs. Sorry that I could not be of more help.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#123 of 136 Help please car man by neen Apr 30, 2008 (10:34 am)
Replying to: wirefree (Feb 14, 2006 8:42 am) I am looking to lease a 2006 650ci coupe. It is black with black dakota leather, cold weather and sport package. Mileage is 20,102 and asking price is 59,900.   I am wondering what money factors I can expect (I have excellent credit) for a 24 month 12k/year lease. Is it possible for my monthly after tax payments to be in the mid 500's? Replies to this message: Car_man (May 02, 2008 2:47 am)
#124 of 136 Re: Help please car man [neen] by Car_man HOST May 02, 2008 (2:47 am)
Replying to: neen (Apr 30, 2008 10:34 am) Hi neen. Through May 5th, BMW Financial Services' buy rate lease money factor and residual value for a 24 month lease of a new 2008 650Ci Coupe with 12,000 miles per year (beautiful car BTW) are .00210 and 69%, respectively. Unfortunately, given its relative lack of popularity and the massive number of variables involved in used vehicle leasing, I do not personally keep tabs on BMW FS' program for CPO vehicles.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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