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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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#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!!!
#41 of 136
Re: 650i Lease [l0m6905] by Car_man HOST
May 17, 2006 (8:11 am)
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Replying to: l0m6905 (May 12, 2006 12:36 pm)

Hey l0m6905. It is in your best interest as a consumer not to make any sort of capitalized cost reduction when leasing. The main reason for this is if your vehicle is totaled in an accident or stolen during the course of your lease, your down payment essentially disappears. When leasing a BMW, a much better use of your money is to make additional security deposits. BMW will reduce the money factor that is used to calculate a vehicle's lease payment by .00007 (up to a maximum of 7) for each additional deposit that lessees make. Making multiple deposits lowers vehicles' lease payment and as an added benefit, consumers get all of their additional deposits back at lease-end.
 
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#42 of 136
Re: BMW Lease Program 650 Coupe May 2006 [nlproductions] by Car_man HOST
May 17, 2006 (8:14 am)
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Replying to: nlproductions (May 14, 2006 6:54 pm)

Hi nlproductions. According to the latest information that I have seen, if you were to lease a 2006 BMW 650 Coupe through BMW Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be around .00310 and 52%, respectively. This is BMW's standard lease money factor and it varies slightly depending what part of the country one is in.
 
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#43 of 136
Re: 650 Lease [Car_man] by andysrover
May 30, 2006 (10:45 pm)
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Replying to: Car_man (Mar 03, 2006 4:07 am)

I have a 650 ci with 100 miles. What do you think I should get on a trade in for a 06 Range Rover SC listed at $72500. They are offering me 69K on my car. My payments would be 1250/mo for 18k miles/year. Is this payment fair? SOunds high to me. They will not budge on the rand rover from $72,500. My payoff on the 650 is $67,000.
#44 of 136
Re: 650 Lease [andysrover] by Car_man HOST
Jun 08, 2006 (2:41 am)
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Replying to: andysrover (May 30, 2006 10:45 pm)

Wow you really must not like the 650 to want to trade it in with only 100 miles on it, andysrover. I am not personally sure what you would be able to get for it as a trade at this point, but you may be able to get an idea by asking this question in the following discussion: "Real-World Trade-In Values".
 
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#45 of 136
Rates and Residuals by drlease
Jul 11, 2006 (1:17 pm)
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BMW FS program is not strong on the 650's and I'm not sure why. A lot of the lower payments you are seeing are comming from outside banks. For example, I work for a leasing company, and we have a .00309, along with a 56% on a 3 year, 12k/year 650Cic.

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