Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





2013 and earlier BMW 7-Series Lease Questions

1181921232432

Comments

  • kyfdxkyfdx Posts: 27,652
    They make them in Germany... they get here on a boat... They aren't waiting six weeks to ship it... they have to build it first, then it travels by truck or rail to a port.... then, they put it on a ship.. arrives in port, then travels again by truck, or rail, then truck to the dealer.. Six weeks is pretty quick.. They can't send them by FedEx.. ;)

    If he had one available now, I'm sure he would sell it to you..

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Thanks. Do you know how much it would costs for him or me to ship one in the US vs making one? Who normally pays for that service?
  • kyfdxkyfdx Posts: 27,652
    Assuming he can find one.... It depends on how far away it is...

    To flatbed a car from another dealer, figure $2/mile, at least.. If it's close enough to swap one and drive the other one back, then $200-$300.. Be assured, that anything that adds cost to the dealer will come out of your pocket, directly or indirectly.. No free lunch.

    But, most dealers don't keep a lot of inventory on 7-series... The typical buyer of a $90K car wants it exactly the way he wants it... Ordering a high-end BMW is typical..

    If he says he can't find one, he probably can't....

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • 750iL silver w msrp of approximately 92k. Dealer will take off 8800. Residual is 54k and .00260 money factor. With 7% tax over 36 months at 12k a year and no money down $1352 a month. Take it or can I do better? Thanks.
  • Luxury seating, camera and 19" wheels - M.S.R.P. of $91,975.00 - Money factor should be .00205 and your residual of 54% is correct. Look for a selling price of $2,000 behind invoice and getting the $2,500 holiday cash. Selling price should be $80,735.00. With 12,000 per year and 36 month term your payment should be $1,209.45 (includes Georgia tax) with a drive off of $1,934.45 ($1,209.45 1st month and $725 bank fee) plus plates. Make sure their are no extra hidden fees.... dealer prep, doc fees, dealer conveyance fees, etc...

    Definitely order the car at the prices I am telling you. BMW Financial will lock in the program for you upon approval of your credit application so you don't lose the holiday cash. If the program gets better by the time the car comes in, your entitled to the better program. 6-8 weeks is the right amount of time. Some of the cars have even been coming in as quickly as 5 weeks! If your not getting this number then continue to shop... Learn how to shop like I do by visiting www.simplifiedcarbuying.com - I have become so good at it that its now my hobby!

    Let me know how you make out... Good Luck!
  • I'm shopping for a 2011 750 IX with luxury seating, cold weather, premium sound, camera, active cruise. 15K miles $95075.00. I was quoted 1349.46/$6646.00 down which includes sales tax and 1st month. I got this price back in July, when I went back this weekend to see how the $2500 Holiday sale would lower my price they told me the residual went down so the payment would be the same. I'm not convinced that I am getting a honest answer. Is the payment they are giving me a good number?
  • No, its not... What state are you registering the car in so I know what sales tax to use? Also, what is the term of the lease? 36 months?
  • I'm registering the car in New York 8.625 is the sales tax and the lease is 36 months
  • Just to compare apples to apples I worked the lease with the same $6,646.00 out of pocket you were quoted on. So the due at signing includes plates, reg. and a little cap cost reduction. I come to a payment of $1,222.08 per month. M.S.R.P. of $95,075.00 - selling price of $83,920.00 - residual of 52% and money factor of .00210 - its for 36 months and 15,000 miles per year. If your not getting this deal then you need to keep shopping. If your getting better than this, then your a better shopper than I am and you should be commended! Don't forget to get the wheel and tire insurance package - it pays for itself over and over again. That negotiable as well. Probably should cost you around $895. It's hard to believe I learned all this stuff from 1 source - www.simplifiedcarbuying.com -
  • Do I present this info your giving me to the dealer, not sure why they would honor what your saying?
  • They may not.... you have to find the dealer who will except this deal. It is a deal that a dealer would do. You just have to find the dealer who needs to make their quota for the month. It called being an educated shopper... I learned how to shop dealers from www.simplifiedcarbuying.com - it works!
  • Ok, after looking around I am favoring the 750Li xdrive, with the following options,
    Luxury seating, Luxury rear seating, Premium sound, Cold weather, Drivers assistance, Active Cruise Control, Rear view camera, Shadowline exterior trim.
    List price now $104375 including Destination and gas guzzler. Tax area is 8.625
    looking for 15K 36month lease What kind of number should I be getting?
  • Does BMW offer a 7,500 mile per year lease? Apparently Mercedes does (I'm also looking at a CLS).
  • kyfdxkyfdx Posts: 27,652
    10K/yr is the lowest that BMWFS offers..

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • mcorfmcorf Campbell,OhioPosts: 8
    I am looking for info on a car that stickers for $77125. I am looking for a 36 month lease with 10,000 miles a year. Tax is 6.75%. What is the residual and money factor( Is it better for it to be higher or lower) for this car? What would be a good lease price? Thanks.
  • Hi mcorf. The higher your vehicle's residual value, the better and the lower its money factor the better.

    BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2011 740Li with 10,000 miles per year are .00215 and 55%, respectively for consumers who qualify for its top credit tiers.

    This car's payment will depend upon what sort of selling price you negotiate. The lower your vehicle's selling price is, the lower its lease payment will be. If I was in the market for a 7-Series right now, I personally would shoot for a selling price of $500 to $1,000 over invoice minus the $2,500 cash incentive that is currently available on it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Carman: What are the current incentives on 2010 and 2011 740s and 750s. Also, what is the residual and money factor for a 36 month lease, 15K per year miles 740 and 750. Thanks.
  • mcorfmcorf Campbell,OhioPosts: 8
    Thanks. They are actually giving me $750 over invoice.
  • Hi broham1. BMW Financial Services' January buy rate lease money factor and residual value for a 36 month lease of a 2011 740i with 15,000 miles per year are .00165 and 52%, respectively.

    The numbers for an otherwise identical lease of a 2011 750i are .00165 and 52%.

    If you are a loyal BMW customer, these cars' money factors would be .00030 lower.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • No problem mcorf. $750 over invoice sounds very reasonable to me.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.