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BMW 7-Series 2006 and earlier

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  • If you are looking to essentially finance at the lowest rate possible, is it best to put minimal down up-front along with the maximum number of MSDs? What do MSDs give you? Is it .0002 off money factor for each increment of your monthly lease value?

    What portion of the lease are taxes applied to? Down payment? Monthly? Security deposits? MSDs?

    What should I expect markup above BMW buy rate lease on money factor? Is .0023 the current money factor for a Euro Delivery 328xi coupe? What would a good deal from a dealer be?
  • scm74scm74 Posts: 5
    I just bought a 2003 745Li with 25k miles from a private party. It's got the standard maintenance to 50k miles, but I want to purchase the extended one through 100k miles. Any suggestions on where I can get a good deal? I am in Los Angeles area. I hear that I can purchase one maybe cheaper from an out of state dealer, so I am open to that too.

    Any help would be appreciated! :D
  • sadatxsadatx Posts: 70
    I also have an 03 745Li but with 26k miles. my maintenance ends April of next year. I've been to a few BMW dealers in the chicagoland area and ive been quoted anywhere from $1250 to $1495 for an additional 2 years or 50k miles. still on the fence abt getting the maintenance package.

    hope that helps.
  • scm74scm74 Posts: 5
    I am pretty sure I will get the extended maintenance package, but haven't yet done the research on just how many maintenance visits the car would need during that period of time. I saw something on the web saying a dealer in Van Nuys offers it for about $1,195, but I am not sure which one. Also, does this only cover scheduled maintenance? I am assuming it covers oil change, tune up, brakes, etc. But say I want to take it in for service but it is not yet at its scheduled interval or the car does not tell you it needs service, would it be covered? I suppose the factory warranty will cover all the other items like electrical, drivetrain, etc.
  • sadatxsadatx Posts: 70
    Its my understanding that both the standard and extended maintenance programs only cover scheduled maintenance. So if you decide you want an oil change even though the on board computer states you're ok, that oil change will not be covered. I just experienced a similiar situation - my brakes are squeaking a little, so I took the car in for service to have this issue checked out. my on board computer states im good for another 6k miles. the dealer did note the squeak and told me to bring it back in another 2k miles and they would replace the pads. i think BMW only covers it if you're within 4k miles of scheduled service (at least for brake pads according to my dealer).

    As for your factory warranty, since you have an 03, you automatically get an additional 2yr, 50k mile extended NEW car warranty (this warranty super cedes a CPO warranty) when the standard 4yr, 50k mile warranty expires. So you're covered bumper to bumper for a while :) I would send a quick note to BMWNA to confirm your vehicle does qualify for the extended warranty.

    hope that helps.
  • patpat Posts: 10,421
    This discussion has been reopened in accordance with this post: Sylvia, "Forums Software! Your Questions Answered..." #3319, 12 Nov 2006 2:43 pm. :)
  • I am considering the purchase of a 2006 750i with 33000 miles from an independent dealer who bought the car at an auction. Test drove the car briefly and everything seemed fine. It needs new front tires and the break pads may need replacement

    In reading the bulletin board, I am having second thoughts about the car. A leading consumer publication rated the reliability of the car much worse than average based on owners feedback. Edmund's review was very favorable.

    the asking price is 54k and the car was put in circulation in 04/2005.

    I would appreciate any feedback and advice as to what to look for and whether current owners would or would not buy their 750 again.

    THanks!
  • need help new owner no power to wiper switch fuses fine,also when switch radio on loud feedback, can hear radio but sound gives headache i would appreciate any help
  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,043
    Can you get any kind of warranty history on this car from the original selling dealer?

    The 750i is an awesome car to drive but it is complex and repairs and maintenance is high, and depreciation is pretty steep.

    I think your best approach is a) getting the car's warranty history b) seeing if extended warranty is possible or in effect and c) having the car checked out thoroughly stem to stern before you purchase it.

    Once you've done this, your decision should become clearer to you.

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  • i am really surprised after working on my car, figured bmw be a b...h to work on. but pleasantly surprised how easy they make it just one problem plastic clips like to fly when they pop out. i wish they didn't use plastic so much but i guess the car is heavy enough already
  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,043
    740s a lot easier than 750s I think, at least in the engine bay.

    It's not the basic maintenance, it's the electronics that are intimidating. Brakes are brakes, mufflers are mufflers but a V-12 engine management system? Well now.....

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  • was wondering if anyone tried the 'factory' service manuals on dvd on ebay, i ordered a set so ill see if they are real
  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,043
    Let us know! I have heard a few offhand comments about other manuals on DVD for various cars, and the response wasn't all that positive...but you know, if it helps you with one repair, it has paid for itself.

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  • Has anyone lease a used 745/750? What is the approximate payment for 2003/2004 car on a 36 month lease that sells for around $40K? Any things to watch out for?
  • iceman2iceman2 Posts: 23
    In the Chicago area - BMW dealer has a NEW leftover 2006 750i. They want it off the lot and willing to deeply discount. I'm having a hard time finding new pricing/invoice info on '06's. Looking to negotiate a steep discount, then a great lease. The car's sticker as follows:

    Car $71,800
    Luxury Seating
    Premium Sound
    Comfort Access
    Satellite
    Rear Shade
    Total MSRP $79,990

    Any thoughts on price to offer?
  • paisanpaisan Posts: 21,181
    1998 740il 60,000 miles
    This car was driven by my buddy's aunt who rarely did over 55mph, and maintained it according to the schedule in the book. What would a fair price be for it?

    Also what to look for and what kind of milage would I expect on it?

    -mike
  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,043
    Probably around $8,000. I'd guess mileage around 14-16 mpg in city driving. Loafing on the highway you might break 20 mpg.

    As for what to look for, we are always concerned about malfunctioning electrics on older BMWs. Also check the brake rotors, as a brake job for this car is not cheap. Lower control arm bushings in the front end could be tired at 60K and look for erratic idle problems.

    Nice ride but not cheap to maintain.

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  • paisanpaisan Posts: 21,181
    Brakes look fairly cheap for it actually. I priced them out Rotors and pads are no more expensive than the subarus.

    $8k? wow they are looking for $13-14k and mpg of 16/24

    -mike
  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,043
    What kind of rotors? From China? :(

    This is a freight train you are trying to stop here...be careful what you put on there.

    $14K? They are dreamers....7 Series depreciate like rocks off bridges, especially out of warranty. Go check out edmunds.com True Market Value or any "realistic" price guide, like CPI or even NADA. The mileage figures are EPA estimates. Who drives a V-8 BMW by coasting down hills? ;)

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  • paisanpaisan Posts: 21,181
    Brembo Slotted Rotors and Hawk HP+ pads for around $550-600 for all 4 corners. $100 for Goodridge SS Lines.

    -mike
  • paisanpaisan Posts: 21,181
    Looked at KBB trade-in and it says about 11k-11.5k Guess I'll offer 11k for it and see if they go for it. Gotta drive it and see if I like it or not.

    -mike
  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,043
    That's kinda high Mike. KBB's trade in is most other price guides retail. $11K is high retail IMO, and once you dump money in the car and try to resell in a year, you're gonna take a beating.

    Are you sure those aftermarket parts meet OEM standards for that car? Well, maybe. I don't really know. But that's 4,300 lbs of automobile you are haulin' down.

    It's a nice driving car. I'm sure you'll like it. It doesn't feel as big as it is.

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  • paisanpaisan Posts: 21,181
    Yes they are well beyond the OEM requirements for the car! They are actually performance parts for it!

    May decide to go ubber economy though, still debating.

    -mike
  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,043
    Hmmm...maybe I was thinking of the 750iL...we did brakes on a buddy's car and I don't think we got it done that cheaply. Of course, we did the whole thing top to bottom, so....I'm not sure if we bought Pagid or Zimmermann. Dealer quote was $2,000 for brakes. Maybe we didn't shop hard enough.

    My main concern with "performance" parts is that they work great but they're pretty rough on rotors and pads....

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  • paisanpaisan Posts: 21,181
    Well $2000 is not out of line for dealer parts and service on all 4 corners. I've seen folks go to Subaru dealers and paid $700 for front rotors and pads, and not performance ones at that.

    HP+ are a bit rough on the rotors, but the HPS pads which are more streetable, are actually less expensive as are non-slotted rotors.

    It can also be a result of WHEN you did the rotors and pads. As a car ages, especially from 5-10 years old, is when you start to see a lot of rotors and pad replacements become available which brings the prices down significantly.

    -mike
  • 87jeeper87jeeper Posts: 1
    I'm looking at a '94 740iL with 144k miles on it. Seems to run great, no problems. But I'm weary of the price, $4,650... am I just getting a really good deal, or is there most likely more to this car than meets the eye?

    Here's a link to the car
    BMW
  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,043
    No you aren't getting a particularly good deal---the price is absolutely market correct...spot on for private party, a bit light for dealer, but probably correct for the Midwest.

    CARFAX says the car was originally leased out of Illinois, then lived all its life in Indiana. Records cease in year 2000 with 62,000 miles on the car. So maybe it went out of state or ???

    Get a thorough mechanical inspection and see what's what....might be an okay deal for you as long as there are no major items crying for attention. Repairs and deferred maintenance can add up fast on a car like this, so go in with both eyes open and remember, you can always find another at this price if something troubles you about the car.

    MrShiftright
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  • scholderscholder Posts: 14
    My 740i is periodically, (every month or so) having the check coolant light go on and I have to add about a pint to top it off for the light to go off. Do you know why this is occurring? It doesn't seem to be getting worse but is an inconvenience. Thanks.
  • eric312eric312 Posts: 71
    It could be that the sensor is old and dirty. Next time try "shaking/spinning" the floating thingie and see what happens.
    You may also have a small leak somewhere.
  • Mr_ShiftrightMr_Shiftright CaliforniaPosts: 45,043
    good sugestions from eric.

    You can get a pressure test (easy to do) to try and spot a small leak...perhaps the coolant reservoir tank has a small seam leak---not uncommmon.

    MrShiftright
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