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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

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


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#31 of 136
Re: 650i Lease [seth2] by Car_man HOST
Apr 20, 2006 (2:00 am)
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Replying to: seth2 (Apr 16, 2006 2:32 pm)

Hi seth2. This car's current buy rate lease money factor is .00300 with the payment of a security deposit equivalent to your monthly payment rounded up to the nearest $50 increment. Make sure to insist that this factor is used to calculate your car's lease payment. As far as your initial payment goes, at lease signing you will have to pay your car's first month;s payment, the aforementioned security deposit, BMW Financial Services' $625 acquisition fee, any capitalized cost reduction that you choose to make (this should be $0), and any required state taxes or fees.
 
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#32 of 136
Re: 650I Convert. [drking] by Car_man HOST
Apr 20, 2006 (2:01 am)
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Replying to: drking (Apr 17, 2006 5:19 pm)

Hello drking. I would be happy to estimate what this car's lease payment should be for you, but in addition to the selling price that you mentioned, I also need you to provide me with its full MSRP (including the destination charge).
 
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#33 of 136
lease price by carcrazy12
Apr 20, 2006 (7:10 pm)
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How much would the lease be on the 650i and lets say the selling price is $73,590 for 36 months and 12k miles per year.
#34 of 136
Re: 650I Convert. [Car_man] by drking
Apr 25, 2006 (11:22 am)
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Replying to: Car_man (Apr 20, 2006 2:01 am)

MSRP of $84440.
#35 of 136
650i convertiable lease by umolle
Apr 25, 2006 (6:56 pm)
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Hi car_man I have been looking and was just quoted for a fully loaded 2006 650i with everything from sport package to cold weather package and premium sound and wheel upgrade. Here are the details MSRP $84,440, residual 58%, cap cast selling $83,240, 12K miles per year, 39 month lease, $1323 inc tax, and final $2600 total due for taxes,DMV,and some kind of bank fee, and my first month car payment was include in the $2600. He also told me my money factor was .00260. My credit fico score was 790. Is this a good deal in your experience.
#36 of 136
Re: lease price [carcrazy12] by Car_man HOST
May 07, 2006 (8:18 am)
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Replying to: carcrazy12 (Apr 20, 2006 7:10 pm)

I would be happy to estimate what this car's lease payment should be for you, carcrazy12. However, in order for me to do so I need you to provide me with its full MSRP. Let me know and I'll run some numbers.
 
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#37 of 136
Re: 650I Convert. [drking] by Car_man HOST
May 07, 2006 (8:22 am)
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Replying to: drking (Apr 25, 2006 11:22 am)

Thanks for the additional information, drking. OK, if you were to lease a 2006 BMW 650Ci Convertible with an MSRP of $84,440 and a selling price of $80,400 through BMW Financial Services right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $1,295.
 
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#38 of 136
Re: 650i convertiable lease [umolle] by Car_man HOST
May 07, 2006 (8:49 am)
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Replying to: umolle (Apr 25, 2006 6:56 pm)

Hi umolle. It looks to me as though the lease that you were quoted for this car is not being run through BMW Financial Services. Not only is BMW FS' money factor for this car higher than the one that you were quoted, .00310 versus .00260, but I do not believe that BMW is currently offering 39 month leases on this model. The previous poster reported getting a lower selling price than the one that you were quoted, but this can vary a lot depending upon what area one is in. For the sake of comparison, I will estimate what this car's lease payment should be for you using BMW FS' lease program. According to my calculations, if you were to lease a 2006 BMW 650Ci Convertible with an MSRP of $84,440 and a selling price of $83,240 through BMW FS right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $1,383.
 
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#39 of 136
Re: 650i Lease [Car_man] by l0m6905
May 12, 2006 (12:36 pm)
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Replying to: Car_man (Apr 20, 2006 2:00 am)

why should the capitalized cost reduction be zero?
I leased a new 525i & the capitalized cost was $4,187 & they waived the security deposit.
 
Please help car_man
#40 of 136
BMW Lease Program 650 Coupe May 2006 by nlproductions
May 14, 2006 (6:54 pm)
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Carman:
 
What is the current BMW lease program for the 650 Coupe on a 15K/36MO? What's the current residual and money factor given top tier credit with BMW finance?
 
Thanks Car_Man!!!

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