BMW 6-Series Lease Questions

210 messages,  Last post on May 20, 2013 at 8:34 AM

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

#117 of 210 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 210 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 210 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 210 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 210 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 210 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
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Prices Paid: Buying & Leasing Experiences Forum

#123 of 210 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 210 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
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Prices Paid: Buying & Leasing Experiences Forum

#125 of 210 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?

#126 of 210 Re: 6-Series Lease Special [jed3039] by Car_man HOST

Jun 04, 2008 (3:24 am)

Replying to: jed3039 (May 13, 2008 4:04 pm)
Hi jed3039. $1,000 over dealer invoice for a BMW 6-Series sounds reasonable to me, but there's enough room there that it wouldn't hurt to comparison shop with another dealer or two if there are any in your area. Once you settle on a selling price that you are happy with, have the dealer calculate your car's monthly payment using its buy rate lease money factor of .00195.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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