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2013 and earlier BMW 7-Series Lease Questions
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Comments
In this day of recession how is it possible for a vehicle to jump this much in price? What ever happened to BMW customer loyalty! Thank you for your imput -
As to BMW customer loyalty, there is a $3,000 incentive for prior BMW leasing clients.
Mark1234
Car_man
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Looking for a 2 year lease *possible 3 year* here in Utah. $5k down and 12,000 miles a year.....What would be a good monthly pricing point? I've NO interest in purchasing the vehicle at the end of the lease and will mostly likely get a different car when the lease is finished. I'm VERY new to the leasing strategy but it seems the best bet for me.
I would be happy to work up a sample lease payment on this car for you. Have you entered into any negotiations yet or do you have a target selling price? I ask because I need a selling price to calculate this car's monthly payment. If not, I can come up with an approximate selling price that we can use in our calculations. I just need to know if you are a returning BMW Financial Services lessee. It makes a difference because BMW is providing a ton of loyalty cash on leases of this car right now.
Car_man
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thanks
Thank you for your reply. Sorry but I'm very slow on leases. How do I figure a good lease price on this car? Thanks!
Camera Package
Convenience package
Drivers assistance package
Luxury seating package
Premium sound
Instrument panel wrapped in leather
MSRP $95,525
Selling at $90,750
27 months is considerably better than 24, so I am leaving that term out:
27 months, 12k per year, tax in: $1604, residual value is $48,718
36 months, 12k per year, tax in: $1347, residual value is $44,897
Money factor is .00090 (BMWFS)
$6000 cap cost reduction from BMW
selling price $500 over invoice! Please use same car:
09 750li, Imperial Blue, Oyster Nappa Leather
Camera Package
Convenience package
Drivers assistance package
Luxury seating package
Premium sound
Instrument panel wrapped in leather
MSRP $95,525
thanks
Car_man
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If however, the dealer is planning on selling you the car for $1,500 over and pocketing the six grand then this is a bad deal.
Car_man
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Car_man
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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
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
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
Do you know the residuals and money factor for 3 year lease on a 2009 750i
thanks
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
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BMW is currently providing a $6,000 cash incentive on leases of this car.
Car_man
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I believe you can get that car for around 83,500
More so any idea on 09 750is if BMW cash back or trunk money is gone up from 6k to 10K????
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!
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
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.
Also, does anybody know the money factor and residual value for Jan for the 09s?
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
MSRP 94700
4k drive off
1179 a month plus tax
Any thoughts? This includes a 6k rebate.
msrp: 98400
drive off: 3300
3yr/15k
1508 w/tax of 9.75%
imo, you should be able to get alittle bit better deal cause it is a 09, assume your deal is base on 15k a year and it is only 200 difference
msrp: 97030
drive off: 2235
3yr/10k
1318 tax in
hope this help
MSRP $99680
Selling Price $94680
MF .00170
Residual 53%
3 yr for 15k per yer : $1538 (includes CA 8.775% tax
Its hard to find what the invoice is on this car as the MSRP base price for the car doesn't match in Edmunds, KBB or NADA vs what is on the sticker. Sticker states that the car before options is $80455 (not incl gas guz and dest charge). Edmunds states that it is $82000). So I'm guessing that the first offer is still around 3K over invoice.
Any thoughts anyone on how much lower I can get them being in So. Calif???
Thanks,
Tim
getting a new 2010 750li tomorrow. originally, it was $113,000 but thanks to some connections, got it down to $104,000 . awesome car!! cant wait to get it.
Car_man
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BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2011 750Li with 15,000 miles per year are .00250 and 55%, respectively.
Car_man
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MSRP 96475, but got dealer down to working price of 91275.
i'm looking for a 3 year lease 15K
offer on the table is$1479/mo with $5500 drive of cost. i live in RI and sales tax is 7%.
is this a decent deal or can i do better?