Recent Discussion Posts
Re: I need some help on a decision [brandyf1]
You're not wasting my time at all, brandyf1. I'm always glad to help. Did you say that the salesperson who you spoke with wanted you to make a $50,000 down payment on your lease ?!?!? You were right to walk away from that deal. It's never a good idea to make a large down payment on a leased vehicle. I would be happy to give you an idea of what sort of lease payment you should ... Read More...
Re: m6 lease questions [jtrejo]
Hi jtrejo. The money factor that you were quoted for this car looks good to me. It is right in line with BMW Financial Services' buy rate for a 36 month lease of this car to a non-returning customer with a waived security deposit. This is a good sign. Now let's take a look at the other important aspect of this deal, the selling price. A 2007 BMW M6 Coupe that has an MSRP ... Read More...
Re: BMW 650i convertible - Lease Question [marlasw]
Hi marlasw. BMW is not currently providing any lease support on the 2007 6-Series, but the money factor that you were quoted is still too high. BMW FS' buy rate standard money factor varies by region, but it should be around .00320 or so. $6,980 is too much money to put down on a lease. I always advise consumers against making down payments on leased vehicles. Consumers ... Read More...
Re: 650i coupe lease [sodais350]
Thanks sodais350. BMW is not currently providing any lease support on the 2007 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 program. Its buy rate standard lease money factor varies by region, but it is currently around .00320. BMW FS' current 36 month, 12,000 mile per year residual ... Read More...
Re: BMW 650i convertible - Lease Question [marlasw]
I just want to let you know, I was offered a deal on a new 2007 650i coupe, msrp of 81,500 something and sale price of 76900 only 2k down 1357 plus tax...Money factor of 3.62 through BMW of course. Get a new one, the residual will be higher & the factor lower. The conv is VERY close because of the higher residual than the coupe. I'd just get an 07 or assume someone's lease ... Read More...
Re: Hi Car Man, need help on a new M6 [doclonghorn]
Hi doclonghorn. I would be happy to estimate what the lease payment would be like on this car for you. In order for me to do so I need to know its approximate selling price. For now I will assume that you are getting a $3,000 discount on it. If you are able to negotiate a better price, the payment will be lower than what I come up with and vice versa. According to my calculations, ... Read More...
650Ci lease question
Hi, I'm considering a lease on either 2007/2008 650Ci. How do I determine if I'm getting a good deal? I'm not familiar with leasing programs however, it appears BMW is offering $4500 rebates on leases of 2007 vehicles to clear them out. What should I expect the price of the car to be compared to invoice pricing? The dealer is claiming their best price is $5k over MSRP ... Read More...
BMW SUCKS
August 9, 2007 I took my BMW 645ci 2004 to Fields BMW, which is located in Northfield, IL to adjust tire pressure, do oil change and just to have a check out on the car. I got the car back the same day and everything was fine. August 10, 2007 Around 2AM I was coming back from the Movies and was driving on I94. When I was just about to be by Peterson Exit an engine light came ... Read More...
Re: Current MF buy rate on M6? [m6_4_me]
Greetings to the appropriately named m6_4_me. The money factors that you were quoted look about right to me. BMW is not currently providing any lease support on the 2007 M6. Having said this, it is running a special loyalty promotion that reduces its standard money factor by .00085 for returning BMW FS lessees. If you are a current BMW lease customer, you should ... Read More...
Re: 650i [raja2]
Hey raja2. The 2007 BMW 650i Coupe has a spread of around $6,000 between its full MSRP and its dealer invoice price. The $5,600 discount that you were quoted looks like a very good deal to me. BMW Financial Services' June buy rate lease money factor for a 36 month lease of this car is .00285. If you like the car, I personally don't see any reason not to go for it. Car_man ... Read More...
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