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CPO Lease
Written by: random987 on Mar 1, 2008 2:40:35 PM
According to BMW's web page BMW is also extending its special lease offers on select 2006 Certified Pre-Owned vehicles. Does anyone know what the lease deals are for the 2006 650 convertible?
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I need some help on a decision
Written by: brandyf1 on Feb 20, 2007 10:01:17 PM
Hello Car_man I know your a big hit on here..I don't really want to waste your time. Although my ? was just like everyone else. I recently took out a BMW M6 and a 650I for a test drive. I was fortunate enough for them to let me drive the M6 around the block. Although I wanted to lease the M6. So im talking to the sales person and he's giving ... Read More
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BMW 650i convertible - Lease Question
Written by: marlasw on Jan 27, 2007 9:06:46 PM
Car_man, Help. I'm trying to determine if the lease deal I'm being offered is decent. Am looking at a 2006 650i convertible with 2600 miles. Am being offered a lease factor of .00407 (approx. 9.77%?)by the dealership. Our tax rate is 8.25% where I live and car sales price is $79K. They want $6980 down. Lease would be 36 months w/ 18,000 miles/year, resulting in $1661.27/month. Does this seem like a ... Read More
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Re: 650i Lease [mpdreamer]
Written by: Car_man on Oct 30, 2006 2:19:00 AM
You're welcome, mpdreamer. BMW Financial Services' 36 month, 10,000 mile per year residual value for a 2007 BMW 650Ci is 58%. The residual for an otherwise identical lease off a 2006 model is 56%. Car_man Host Prices Paid Forum
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Re: BMW 6-Series: Lease Questions [knottyhottie]
Written by: Car_man on Oct 29, 2006 5:38:21 AM
You're welcome, knottyhottie. If there is a huge difference between the selling price that you can negotiate on a 2006 model and the price that this dealer is willing to sell a 2007 model for it might be worth your while to lease a leftover '06 model. I would be happy to calculate sample lease payments on both a 2006 model and a 2007 model to show you what the difference ... Read More
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Re: BMW 6-Series: Lease Questions [Car_man]
Written by: knottyhottie on Oct 9, 2006 1:15:00 PM
Hi Car_Man, Thanks for the response. I talked to the manager again and he said that I should get the 2006 model b/c they are trying to get rid of it and I can negotiate a better selling price. He said that with the 2007, I wouldn't be able to negotiate much since it would be newly released and they never go under msrp. I know that the 07 will have ... Read More
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Re: 650i Lease [mpdreamer]
Written by: Car_man on Oct 9, 2006 3:44:47 AM
Hello mpdreamer. BMW is not currently providing any sort of lease money factor support on the BMW 6-Series. As a result, if you were to lease one through BMW Financial Services right now, you would have to use its standard lease money factor. BMW FS' standard money factor varies by region, but the factor that you were quoted is in the right ballpark. I would be happy to give you an ... Read More
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Re: BMW 6-Series: Lease Questions [knottyhottie]
Written by: Car_man on Oct 9, 2006 3:40:44 AM
Hi knottyhottie. When vehicles do not have any sort of lease money factor support, like the BMW 6-Series right now, it is often best to lease the brand new model, i.e. the 2007 650 Coupe, instead of a leftover model. As you were told, the 2007 650 will have higher residual values and assuming that you can negotiate a selling price that is fairly close to the price that you would ... Read More
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Re: BMW 6-Series: Lease Questions [kyfdx]
Written by: knottyhottie on Sep 29, 2006 2:23:52 PM
Hi there, I was wondering if it was better for me to wait for the 2007 650 coupe to come out in November rather than leasing a 2006 right now? I was told conflicting advice from 2 different sales people. A sales person told me to wait for the 2007 release as it would have a higher residual value. The manager at another dealership told me that I would get a ... Read More
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Re: BMW Lease Program 650 Coupe May 2006 [nlproductions]
Written by: Car_man on May 17, 2006 9:14:19 AM
Hi nlproductions. According to the latest information that I have seen, if you were to lease a 2006 BMW 650 Coupe through BMW Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be around .00310 and 52%, respectively. This is BMW's standard lease money factor and it varies slightly depending what part of the country one is in. ... Read More
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BMW Lease Program 650 Coupe May 2006
Written by: nlproductions on May 14, 2006 7:54:32 PM
Carman: What is the current BMW lease program for the 650 Coupe on a 15K/36MO? What's the current residual and money factor given top tier credit with BMW finance? Thanks Car_Man!!!
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Re: 650i convertiable lease [umolle]
Written by: Car_man on May 7, 2006 9:49:18 AM
Hi umolle. It looks to me as though the lease that you were quoted for this car is not being run through BMW Financial Services. Not only is BMW FS' money factor for this car higher than the one that you were quoted, .00310 versus .00260, but I do not believe that BMW is currently offering 39 month leases on this model. The previous poster reported getting a lower selling price ... Read More
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Re: 650I Convert. [drking]
Written by: Car_man on May 7, 2006 9:22:06 AM
Thanks for the additional information, drking. OK, if you were to lease a 2006 BMW 650Ci Convertible with an MSRP of $84,440 and a selling price of $80,400 through BMW Financial Services right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $1,295. Car_man Host Smart Shopper / Prices Paid Forums
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Re: 650i lease [carcrazy12]
Written by: Car_man on Apr 20, 2006 2:57:18 AM
Hi carcrazy12. I can't estimate what this car's lease payment should be without knowing what its selling price is, but I can give you an idea of what its lease program is currently like. If you were to lease a 2006 BMW 650Ci through BMW Financial Services right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be an unattractive .00300 ... Read More
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Re: 650 Lease [bgarb]
Written by: Car_man on Mar 31, 2006 4:01:45 AM
Hi bgarb. Never believe a salesperson who tells you to lease for a really long term because they will be able to get you out of your lease early. It is usually fairly expensive to get out of leases well before their scheduled end dates. Salespeople tell consumers that they can get them out of their vehicles early all the time, to suck consumers into leasing vehicles that they might not ... Read More
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Re: 650 Lease [Car_man]
Written by: bgarb on Mar 29, 2006 9:15:15 AM
Hi Car man, I am looking at leasing a 2006 650 with a msrp of 79,100 for $76,660. The lease I am looking at is a five year lease that is assumable and the company says they can get me out of the lease in three years with some money to spare as their residual at the time will be $50,000 as opposed to $40,000 direct from BMW. The payments they ... Read More
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Re: 650 Lease [06hse]
Written by: Car_man on Mar 3, 2006 4:39:47 AM
Hi 06hse. BMW is not currently providing any sort of lease support on the 2006 650i. As a result, if you were to lease one through BMW Financial Services right now, you would have to use its standard lease program. BMW's standard money factors have increased since you last saw them. I believe that BMW FS' standard lease money factor varies slightly by region, but in most areas it is currently ... Read More
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Re: 645 or 650 Lease Numbers - Car_Man [kjwbmwm5]
Written by: Car_man on Dec 29, 2005 3:22:04 AM
Hi kjwbmwm5. If you were to lease a 2006 BMW 650 Coupe through BMW Financial Services right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00285 and 59%, respectively. The numbers for an otherwise identical lease of a 2005 BMW 645 Coupe should be a much more attractive .00145 and 58%. Car_man Host Smart Shopper / Prices Paid Forums ... Read More
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Re: BMW650i conv. lease [carinm]
Written by: Car_man on Dec 7, 2005 3:39:14 AM
Hi carinm. Your car's lease payment will depend upon what sort of a price you are able to negotiate on it. If you were to lease a 2006 BMW 650i with an MSRP of about $85,000 without receiving any sort of discount through BMW FS for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment would be around $1,354. A whopping $5,000 down payment would reduce the ... Read More
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BMW650i conv. lease
Written by: carinm on Nov 22, 2005 5:53:03 PM
I am trying to lease a 2006 BMW 650i with an MSRP of about $85,000. I'm not getting quotes like the one you gave keno2 on November 21st. I too want a 36 month lease, 12,000 miles per year, zero down. I'm gettting told that the cars are selling at MSRP and that with $5,000 down my payments including tax would be $1400. I'm in Southern California. Can you give me ... Read More
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Re: BMW 650i Conv. Lease [keno2]
Written by: Car_man on Nov 21, 2005 3:39:08 AM
I would be happy to help you out, keno2. Acording to my calculations, if you were to lease a 2006 BMW 650i Convertible with an MSRP of $84,745 and a selling price of $81,745 through BMW Financial Services right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around a whopping $1,237. The payment for an otherwise identical 48 month lease should be ... Read More
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Re: BMW 650 lease
Written by: Car_man on Oct 27, 2005 4:09:47 AM
Thanks for the additional information, rusty15. It appears as though you are being given a little over a $1,700 discount on a car that has over a $6,000 spread between its full MSRP and invoice price. As you can see, there is a lot of room to play with there. I am not sure exactly how much more of a discount you can negotiate on this car in your area right ... Read More
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Re: Re: BMW 645 vs 650
Written by: Car_man on Oct 6, 2005 6:47:19 AM
You're very welcome csanchez. Let's calculate a lease payment on a 2006 BMW 650i Coupe with an MSRP of $74,420 and a capitalized cost of $75,045 (with the acquisition fee added in). According to my calculations, this car should have a zero down, pre-tax 36 month, 12,000 miles per year monthly payment of around $1,180 with the payment of a security deposit. That's the payment that you should shoot for, less ... Read More
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Re: BMW 645 vs 650 [Car_man]
Written by: csanchez on Oct 5, 2005 7:27:15 PM
Car Man: Thxs for responding, you were a great help on Lexus SC400 and GS300 that I have leased. I have seen I have seen the previous post regarding money factor which is helpful. Using BMW FS payment estimator on 2006 650i Coupe. MSRP 72495 (includes dest charge added, with sport pack $1800 and Cold Weather $750. Total is $75045, But BMW FS shows AMT Financed at $75670, with payments of ... Read More
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Re: Re: BMW 6-Series: Lease Questions
Written by: Car_man on Oct 4, 2005 4:04:53 AM
Hey kevhollywood. BMW is not currently providing any sort of lease support on the 2006 6-Series. As a result, if you were to lease one through BMW Financial Services right now, you would have to use its standard lease money factor of .00280. BMW FS' residual value for a 24 month, 15,000 miles per year lease of a 2006 BMW 650i convertible is currently 69%. The residual for an otherwise identical ... Read More
