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Sedans BMW 7-Series BMW 7-Series Lease Questions
346 messages, Last post on Dec 03, 2009 at 10:12 AM
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Carman Lets see if I understand this...The 2009 has $6000 in dealer cash. I was offered $96375 MSRP car today for $89190, which is supposedly the invoice but I guess I should be getting the car below invoice. This is my 1st BMW so I do not get any reduced money factor. They told me it would be .00105 for 15,000 miles per year on a 3 year lease. payment is $1314 if i pay sales tax upfront Should i be looking for a better deal |
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Car Man Do you know the residuals and money factor for 3 year lease on a 2009 750i thanks |
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Replying to: mrtouya (Oct 21, 2009 6:39 am) According to my calculations, if you were to lease a 2010 BMW 750i that has an MSRP of $97,880 and a selling price of $93,544 (always try to beat TMV, savvy consumers who are in areas that have a decent level of competition almost always can) through BMW Financial Services right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $1,482. At lease signing for this car, you will be required to pay your first month's payment, a security deposit equivalent to that payment rounded up to the nearest $50 increment (unless you are a returning customer or opt to have the deposit waived in exchange for a money factor bump), BMW FS' $725 acquisition fee, and any required state taxes or fees. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: zoran (Oct 25, 2009 8:12 pm) BMW is currently providing a $6,000 cash incentive on leases of this car. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Nov 06, 2009 3:58 am) |
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Replying to: Car_man (Nov 06, 2009 3:58 am) I believe you can get that car for around 83,500
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Replying to: gryan (Nov 07, 2009 1:48 pm) More so any idea on 09 750is if BMW cash back or trunk money is gone up from 6k to 10K????
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Replying to: zoran (Nov 07, 2009 6:01 pm) |
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I am trying to decide whether to do a lease buy out on a 2007 750li, or lease a 2009. It is in excellent and almost pristeen condition and has 27,000 miles on it. the residual is $52,014. No repairs have been needed, just regular oil changes. This car has options that I like, and significantly, the back seat seems to have more room than the 2009. Without seeing the car one dealer said BMW would want to bring the car up to BMW specs to certify it which may require tries, brakes, etc. and wiith the additional 2yrs or 50K miles on my current warranty and offered to sell it to me for the residual with financing at .9% for 36 months, $1585. month with zero down. In looking at the lease agreement on this car, I see there was no "capitalized cost reduction" and that the "gross capitalized cost" was 86,112. The payments have been $1362./month for 36 months. Is the residual written in stone, or can I negotiate a better price? What would be reasonable given the amount that has already paid, or is that not a consideration? I am new to this experience and could use some advice. The only reason I would want to lease a 2009, is if its much more prudent financially in the long run. Thanks!
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Replying to: adefina (Nov 15, 2009 4:07 am) BMW gave $6000 in rebate to be uused as cap reduction. The dealers are selling them at cost. I used Multiple securites to get money factor down but it is already low at .00090, this is equal to 2.25% Unless you plan on keeping the 2007 for more than a few more years I would say lease a new one. I would think payment should be in the $1100-$1200 range for 3 year lease |
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