Recent Discussion Posts
Best Convertible for Young Family
Best Convertible for Young Family
I've had two different BMW 3-series (2000 and 2006), and my lease is about to expire (November of this year) on my current 3-series. I like the car a lot, but I've convinced my wife that a convertible would be fun for us. We're looking at purchasing this car with the intent to keep it as a "fun" car for the family since we live within about two hours of the beach. Cars on ... Read More...
CPO Lease
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? Read More...
I need some help on a decision
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 me a list of quotes. Then i realized ... Read More...
BMW 650i convertible - Lease Question
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. ... Read More...
Re: 650i Lease [mpdreamer]
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 Read More...
Re: BMW 6-Series: Lease Questions [knottyhottie]
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...
Re: BMW 6-Series: Lease Questions [Car_man]
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 higher residual values, ... Read More...
Re: 650i Lease [mpdreamer]
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 ... Read More...
Re: BMW 6-Series: Lease Questions [knottyhottie]
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 ... Read More...
Re: BMW 6-Series: Lease Questions [kyfdx]
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 way better deal ... Read More...
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