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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
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Replying to: knottyhottie (Oct 26, 2006 2:06 pm) The selling price that you were quoted for this car is reasonable IF it does not take the large down payment that you were asked for into account. I think that the money factor that you were quoted is slightly high, but not horrible. I just double checked the payment that you were quoted and came up with the exact $1,319.11 that you were told. So the bottom line is that this is a good payment for a lease with no down payment, but not a very good one for a lease with a $4,500 down payment. Car_man Host Prices Paid Forum
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Replying to: Car_man (Oct 30, 2006 2:28 am) Thanks for getting back to me! =) I think I found a better deal at a different dealership. The msrp on this car is $81,440 and their giving it to me for $79,500 but the difference is it's a 39 month lease whereas the other dealer gave me a 36 month lease. I would prefer to have it for less months, but the money factor this dealer gave me is .00259. The GM said he'll get me the lease for $1,355. Does that sound about right to you? Do you think I can negotiate lower??? Thanks!
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Knottyhottie, How much is due at inception? My leading bank usually does better. With $0 cap reduction, the payment is $1391.55+Tax, total due at inception is just first month and CA license Plates. If you tell me what county you are in I can give you with Tax. If that price includes tax with no money down, you have a winner.
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Replying to: knottyhottie (Oct 31, 2006 3:03 pm) Car_man Host Prices Paid Forum
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Replying to: drlease (Nov 07, 2006 11:28 am) |
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Replying to: Car_man (Nov 08, 2006 2:32 am)
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Knottyhottie, The dealer is marking up the MF on you. And yes, USB does have a lower residual. Outside banks have a much more reasonable residual than manufacturer programs. You can get more off than $2000. I bought one in Atlanta last week for $4800 off. Tell the dealer they need to do at least $4000 off to get the deal done. They can do it.
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Replying to: drlease (Nov 11, 2006 10:48 am) I want to lease a black low optioned conv. before the end of the year...I'm in LA |
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Replying to: knottyhottie (Nov 08, 2006 10:22 am) Car_man Host Prices Paid Forum |
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Hello, I am new to the forum, but have enjoyed edmunds website for years. I found your forum and see you have given excellent advice on lease information regarding the 650. My questions may be repetitive , but your advice would really help me with this as this car is quite expensive for me to lease. My best price on an 2007 650 convertible, with a sticker of 86690 is a net cap cost of 83191. out of pocket is 3900. lease terms 12k miles/36 months, residual 63% money factor .00337, Is this a good deal or can I do much better, my sales tax is 8.1%, payment 1370/mo Thanks for the information, it is much appreciated as I am also somewhat new to leaseing. Steve
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