Ask the Car People.SM


BMW 6-Series Lease Questions

213 messages,  Last post on May 23, 2013 at 11:27 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 13 of 22

#116 of 213 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 213 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

#118 of 213 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.

#119 of 213 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 213 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 213 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...

#122 of 213 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 213 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?

#124 of 213 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

#125 of 213 6-Series Lease Special by jed3039

May 13, 2008 (4:04 pm)

I am considering a 6-Series. Still on the fence about going coupe or convet. I notice online there seem to be some very nice programs - $999/mo for the coup and about $1050/mo for the convert. I can't seem to get the rate to generate on the "build your own" even as a stripped down model. Any ideas on those numbers? I also have a dealer who tells me they will give me the either car for $1,000 over invoice...sounds like a good deal. Do you agree?

Messages Page 13 of 22

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement