Tennessee BMW Car Dealers

I'm looking to purchase BMW and recently had contact with a individual seller who offered the following 2003 740i for 10,900 but is willing to go to 10,000. Couple of specific questions: I have read the duplicate title is not a problem - What are all the title numbers? Does this sequence appear OK? The reported 54,000+ seems reasonable given 42,000 on the reports? Is this price to good to believe I ran the numbers here and KBB and it seems a good buy at 10,000? Thanks in advance. About This 745 Mileage: 54,620 Body Style: Sedan Exterior Color: Black Interior Color: Black Fuel: Gasoline Engine: 8 Cylinders Transmission: Automatic Drivetrain: 2WD Doors: 4 Selling Points: Heated and cooled seats, Side and back shade screens, GPS system, awesome sound system, with Satellite subscription. Tinted windows, Front sports seats. New 19" Pirelli tires. Runs & drives great! Here is Carfax: Date: Mileage: Source: Comments: 11/07/2002 8 Tennessee Motor Vehicle Dept. Nashville, TN Title #66006995 Title or registration issued First owner reported Registered as personal vehicle 09/17/2008 25,383 Service Plan Co. Nashville, TN Service contract issued 06/18/2009 28,552 Service Plan Co. Service contract claim Vehicle serviced Fuel system serviced 12/18/2009 30,866 Service Plan Co. Service contract claim Vehicle serviced Fuel system serviced Vehicle body serviced 03/24/2010 Tennessee Motor Vehicle Dept. Nashville, TN Title #81281402 Title issued or updated Owner 2 Purchased: 2010 Type: Personal Where: Texas Est. length owned: 9/2/10 - present (1 yr. 5 mo.) Date: Mileage: Source: Comments: 09/02/2010 31,796 Texas Motor Vehicle Dept. Austin, TX Title #22732040411100759 Title issued or updated New owner reported 10/04/2010 42,000 Texas Motor Vehicle Dept. Douglassville, TX Title #03400040442150140 Title issued or updated Here is Autocheck: Class: Upscale - Premium Engine: 4.4L V8 EFI Country of Assembly: Germany Vehicle Age: 9 year(s) Calculated Owners: 2 Year : 2003 Make : BMW Model: 7-Series 745i Style/Body: Sedan 4D This Vehicle's AutoCheck Score The AutoCheck Score is a summary of your vehicle's history. It lets you compare similar vehicles with ease. About the AutoCheck Score This vehicle qualifies for Buyback Protection buyback Safeguard your investment with AutoCheck Buyback Protection. It reduces the risk in buying a used vehicle. About Buyback Protection AccidentCheck Reported accidents: 0 Title and ProblemCheck Your vehicle checks out! OdometerCheck Your vehicle checks out! Last Reported Odometer: 42,000 Vehicle Use and EventCheck Specific vehicle use(s) or events reported View Full History AccidentCheck Not all accidents / issues are reported to AutoCheck checks_out Your vehicle checks out! There have been no accidents reported to AutoCheck for this 2003 BMW 7-Series 745i . AutoCheck receives its accident data from government sources and independent agencies, and based on the information available to us, we have found that no accidents have been reported on this vehicle. Not all accidents or damage events are reported to AutoCheck. Title and ProblemCheck checks_out Your vehicle checks out! AutoCheck's database for this 2003 BMW 7-Series 745i shows no negative titles or other problems. When reported to AutoCheck, these events can indicate serious past damage or other significant problems, and disqualifies the vehicle for AutoCheck Buyback Protection. Check the Vehicle Use and EventCheck for reported accidents that can affect vehicle safety and value. 0 Problem(s) Reported: 15 Title/Problem areas checked: image No abandoned title record image No damaged title or major damage incident record image No fire damaged title record image No grey market title record image No hail damage title record image No insurance loss title or probable total loss record image No junk or scrapped title record image No manufacturer buyback/lemon title record image No odometer problem title record image No rebuilt/rebuildable title record image No salvage title or salvage auction record image No water damaged title record image No NHTSA crash test record image No frame/unibody damage record image No recycling facility record OdometerCheck checks_out Your vehicle checks out! AutoCheck examined the reported odometer readings reported to AutoCheck for this 2003 BMW 7-Series 745i and no indication of an odometer rollback or tampering was found. AutoCheck uses business rules to determine if reported odometer readings are significantly less than previously reported values. Not all reported odometer readings are used. Title and auction events also report odometer tampering or breakage. 0 Problem(s) Reported: Mileage Date Reported image 8 11/05/2002 image 2,000 05/19/2003 image 8,000 05/24/2004 image 11,000 05/23/2005 image 15,000 05/26/2006 image 19,000 05/31/2007 image 31,796 09/02/2010 image 42,000 10/04/2010 Vehicle Use and EventCheck image Information Reported! AutoCheck shows additional vehicle uses or events reported to AutoCheck for this 2003 BMW 7-Series 745i . This includes reported vehicle uses such as rental or lease, and events such as whether the vehicle has been reported to have had a loan/lien or duplicate title issued. Other events show if the vehicle has a reported accident and how many calculated accidents or if it has been reported stolen or repossessed. It is recommended to have pre-owned vehicles inspected by a third party prior to purchase. 0 Event(s) Reported: 6 Vehicle uses checked: image No fleet, rental and/or lease use record image No taxi use record image No police use record image No government use record image No livery use record image No driver education record 2 Event(s) Reported: 9 Vehicle events checked: image No accident record reported through accident data sources image No corrected title record image Duplicate title record(s) image Emission/safety inspection record(s) image No loan/lien record image No fire damage incident record image No repossessed record image No theft record image No storm area registration/title record Full History Below are the historical events for this vehicle listed in chronological order. Any discrepancies will be in bold text. Report Run Date: 2012-01-30 0956.230 EST Vehicle: 2003 BMW 7-Series 745i Event Date Event Location Odometer Reading Data Source Event Detail 11/05/2002 NASHVILLE, TN 8 Motor Vehicle Dept. TITLE (Title #:66006995) REGISTRATION EVENT/RENEWAL 05/19/2003 TN 2,000 Independent Emission Source PASSED EMISSION INSPECTION 05/24/2004 TN 8,000 Independent Emission Source PASSED EMISSION INSPECTION 05/23/2

IIRC, 12k lease would be 63% residual and 10k 64%?

I confirmed it with a couple of dealers, the 1 series lease numbers are the same a s last month. Some of the 3 series numbers improved, in particular the sedan numbers.

My dealer tells me the numbers carried over unchanged from July. At least on the 135i coupe. The new deals are up at the BMW USA page, but they do not include net cap cost which makes it impossible to figure out the money factor. The residual you can get by knowing the end of lease buy out price and MSRP and both are shown in the listing. Note that the dealer can't change the residual. Is your dealer marking up the MF on your deal? Every one I talked to so far is adding nearly a full point to the buy rate.

Just make sure that the dealer is using BMW Financial Services' buy rate lease money factor to calculate your payment and you're in business. Maybe you or someone else could point to a BMW dealer that lets you have the buy rate, does not mark up the acquisition fee, and has a reasonable doc fee? I have leased BMWs before, but this time every dealer I talk with is doing about a point over buy rate, jacking up the bank fee (by as much as $300), and has a $400 or more doc fee. They offer discounts ranging from $800 to $2,400 off MSRP (so far), but when you factor in the inflated numbers this deals are really not that hot. This is for an ordered 135i coupe - on a loaded up car the inflated MF alone is $30 or more a month on the payment (tax included) or over $1k on the term of the lease. If I have to travel too far or have to the car hauled to me, then I might as well pay the rip off inflated rate...