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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
You are in the BMW 7-Series Forum. Your Hosts are pat & karens
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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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I am looking at leasing a 2009 750Li for 36 months/12,000 miles per year. The MSRP of the car is 99,070. With incentives of 6000 plus dealer incentive of 3500, the quoted monthly lease payment including tax would be approximately $1400 with 2200 down which includes dealer and tag fees, plus first month's payment. According to Edmund's calculations, invoice would be $91,155 for this vehicle which includes a sports package. Local dealers have several 2009s remaining in this seemingly not popular color combination. We currently lease a 750Li. How do we determine if it is feasible to negotiate a better monthly lease payment? Thanks.
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Replying to: adefina (Dec 03, 2009 6:46 am)
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Replying to: gryan (Dec 03, 2009 8:09 am)
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