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2013 and earlier BMW 7-Series Lease Questions

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  • Hi Car Man,

    You really are helping a lot people out there. Thanks for this forum.

    My question is :

    I am trying to get a good deal on a 2010 750i. The options I wanted are :
    M Sport Package ZMP
    Rear Entertainment Package ZRP
    Premium Sound Package ZPS
    Convenience Package ZCV
    Head-Up Display 610
    Cold Weather Package ZCW
    Camera Package ZCE
    Satellite Radio w/1 Year Subscription 655

    I priced it on Edmunds and these are the results.

    MSRP :97,880
    INVOICE:89,950
    TMV:95,544

    My lease criteria is: 36months, 15k a year, no money down.

    What shoudl I be looking for in upfront money and month lease costs?

    Thanks a bunch!!

    Stephane
  • zoranzoran Posts: 68
    Thanks a lot.

    Here is my config:

    Here is 2010 750i:

    My 750i Sedan

    4.4-liter, V-8 engine
    Rear-wheel drive

    See all standard features

    Base MSRP


    $80,455

    Imperial Blue Metallic/deep sea blue mettalic

    On the 750 I can offer you $84,320 + applicable taxes and fees.


    $0

    Saddle and Black Nappa Leather


    $0

    Fineline Matte Wood trim


    $0

    Camera Package


    $750

    Cold Weather Package


    $800

    Premium Sound Package


    $2,000

    19" Light-alloy wheels multi-spoke (Style 235) w/performance tires


    $1,300

    Active Roll Stabilization (ARS)


    $2,000

    Integral Active Steering


    $1,750

    Destination & Handling:


    $825

    Total MSRP as Built


    $89,880

    ** would like 36mo/30k miles, zero down lease.( invoice plus 500) Btw does maco, training apply in CA? and also how abt $700 bank fee if it is capitalized?

    what will be licence/doc fee, registration?

    BTW any idea what are the best incentives/lease rates bmw using for left over 09 750i
  • gryangryan Posts: 35
    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
  • gryangryan Posts: 35
    Car Man
    Do you know the residuals and money factor for 3 year lease on a 2009 750i
    thanks
  • You're welcome Stephane. Let's work up a sample payment on the car that you described using BMW's new November lease program and see what we come up with.

    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
  • You're welcome zoran. According to my calculations, if you were to lease a 2009 BMW 750i that has an MSRP of $89,880 and a selling price of $84,320 through BMW Financial Services right now for 36 months with 10,000 miles per year, your zero down, pre-tax monthly payment would be around $1,283.

    BMW is currently providing a $6,000 cash incentive on leases of this car.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • gryangryan Posts: 35
    On the 2009, what do you think is a good diiscount off MSRP? Seems like the dealers in NJ have a lot of them in stock.
  • gryangryan Posts: 35
    Zoran
    I believe you can get that car for around 83,500
  • zoranzoran Posts: 68
    thanks indeed! I believe you are referring to a 2010 $89K car 750i that I configured for $83.5K, is it 500 over invoice?

    More so any idea on 09 750is if BMW cash back or trunk money is gone up from 6k to 10K????
  • gryangryan Posts: 35
    the 2009 should be around 83500 or less, i was looking at one too. this is before the 6000 cash back on a lease
  • 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!
  • gryangryan Posts: 35
    I just leased the 2009 Li and I love it.

    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
  • 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.
  • gryangryan Posts: 35
    The dealer should be selling the car at around $7000 off not $3500. The $6000 is from BMW and does not hurt the dealer. According to you/Edmunds, the Dealer paid 91,155 and wants to sell at 95,500. He should be selling at invoice just to move it off the lot so he can sell more 2010's. Ask him what he is using for cap cost? and what is the money factor. What state do you live in??
  • Many thanks for your input. The money factor is .0013, but I don't know what he is using for cap cost. --We live in the state of Florida.
  • gryangryan Posts: 35
    I believe it should be lower than .0013, i think maybe .00090, Ask him what is cap cost. My email is gar@jaradara.com. if you email me there i will send you a spreadsheet that i used last month. I asked about state because i am in Nj and it may be a little different here
  • poorprofpoorprof Posts: 109
    I normally wouldnt be able to drive a 750, but I am thinking maybe I can get a great deal on one. I wondering if I get a 750 for 5k below invoice PLUS the 7500 BMW is giving in marketing support.

    Also, does anybody know the money factor and residual value for Jan for the 09s?
  • zoranzoran Posts: 68
    is that trunk money on 09
  • poorprofpoorprof Posts: 109
    I dont know what trunk money is. Edemunds.com calls it Marketing support
  • linkyolinkyo Posts: 1
    2010 750 LI
    MSRP: 8,9550
    Residual 57%
    Miles: 10,000 annual
    CAP cost 84,550
    Cash Down 5k
    Total cap reduction 1,405
    MF 0.00170
    Term 36
    Monthly payment b/f tax 1,150
This discussion has been closed.