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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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#90 of 136
Hello sodais350 by brandyf1
Feb 24, 2007 (10:38 pm)
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Hey im not sure if it was you or not..did you mention you were from the Valley???
#91 of 136
Re: I need some help on a decision [brandyf1] by Car_man HOST
Mar 04, 2007 (10:58 am)
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Replying to: brandyf1 (Feb 23, 2007 10:33 am)

You're very welcome, brandyf1. I still think that you are better off putting as little money down as possible on your lease. You can always use the money that you would have used to make the down payment that you are considering making to supplement your monthly payment if you want.
 
Car_man
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Prices Paid Forum
#92 of 136
Is this a good deal? by tonyg9
Mar 09, 2007 (8:13 am)
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07 650 Coupe
Spt. pkg.
Cd. wth.
Auto
C.A.
HUD
HD Radio
Sat. Radio
Logic
 
M.S.R.P. 81,440
Neg. Price 77,000
Resi. 59%
M.F..00315
Mileage 12k
36 mo.
2,000 T.O.
Pymt. 1,316 tax incl.
 
Should I pull the trigger?
#93 of 136
Re: Is this a good deal? [tonyg9] by Car_man HOST
May 03, 2007 (3:01 am)
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Replying to: tonyg9 (Mar 09, 2007 8:13 am)

Hi tonyg9. The car that you described has a spread of around $6,400 between its full MSRP and its dealer invoice price. The discount that you were quoted, $4,400, looks pretty good to me. The money factor is slightly high though. BMW Financial Services' current buy rate lease money factor for a 36 month lease of a 2007 BMW 650 Coupe is .00285 with the payment of a security deposit at lease signing and .00015 higher than that with the deposit waived. Try to get the dealer that you are working with to use the buy rate to calculate your car's monthly payment.
 
Car_man
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Prices Paid Forum
#94 of 136
European delivery by robfloridagold
May 12, 2007 (6:28 pm)
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Hi Car Man
 
Looking at a 2007 650i msrp $77,750 -- what price would be a good deal if I pick up in Munich - looking at zero down 36mo lease 10K a year -- buying in Florida
#96 of 136
650i by raja2
May 23, 2007 (1:49 pm)
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Hey Car Man,
 
I wrote you a while back. I think I am going to skip the M6. Don't think it is worth the extra $$. Anyway, I got this quote I would like you to review. Tell me what you think.
 
I don't know if this makes a difference, but they don't have the car in stock and I would need to order it from Germany. Thanks in advance for your time and effort.
 
So here it is:
 
2 year LEASE/ 15K Miles/ $0 down
 
Sticker $85220.00
Neg price $79605.00
Net Cap Cost $79605.00
Adj Residual $55891.40
Money Factor(that I was told): 0.00240
Monthly lease Charge $325.19
Base Payment: $1313.26
Monthly Tax: $101.78
Total Payment: $1415.04 monthly
 
In addition, could you tell me if you think I could talk the price down even further? How much wiggle room do I have?
#97 of 136
Re: 650i [raja2] by Car_man HOST
Jun 05, 2007 (1:45 am)
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Replying to: raja2 (May 23, 2007 1:49 pm)

Hey raja2. The 2007 BMW 650i Coupe has a spread of around $6,000 between its full MSRP and its dealer invoice price. The $5,600 discount that you were quoted looks like a very good deal to me. BMW Financial Services' June buy rate lease money factor for a 36 month lease of this car is .00285. If you like the car, I personally don't see any reason not to go for it.
 
Car_man
Host
Prices Paid Forum
#98 of 136
Car_Man please help by lamp
Jun 19, 2007 (10:35 am)
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Hi Car_man, do you know what is the current money factor on 6 series?
We were told (over this past weekend) that it is 0.00315
we test drove a 6 series with no options, msrp 75.5k and was offered at $73.5k and with a 15k mile per year 36 mo. lease, the quoted monthly payment is around $1312 after 8.25% sales tax.
 
Is this a good deal?
 
Thanks!
#99 of 136
Re: Car_Man please help [lamp] by lamp
Jun 19, 2007 (10:35 am)
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Replying to: lamp (Jun 19, 2007 10:35 am)

oh forgot to mention, we were told that the residual value is 57%

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