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      08-03-2011, 10:35 AM   #1
Mario1235
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How low will they go?! 2012 6 series convert major price drops.

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I am a current BMW leasee and have been waiting for my loyalty to start so I can trade in for a new 6 series. Back in May when they first appeared on BMW's website they were leasing for $1289 a month, As of August 1st they have dropped to $1089 a month!!!

Will this continue to say the high $800's, or low to mid to high $900's???

Also if this is the case how low will the coupe's go?? $800's?... It says they hit dealerships Oct 1st, My lease ends Decemeber 1st.. so will the prices drop like they did with the convertible before I turn in my car?

I really would prefer the convertible but want to be under $1000 on monthly payment.. Thanks!
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      08-04-2011, 11:05 AM   #2
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      08-12-2011, 02:20 PM   #3
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      08-12-2011, 04:20 PM   #4
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OK, I will bite. I would not expect they will get much lower immediatley. It will be a function of the economy and demand. If you want a convertible under $1,000/mo. Go find a dealer that will make you a deal on a car you order. Order it without any options. Use Mutiple security deposits to buy down the money factor, and if you are close, then put down a few extra dollars. If sales lag, you will see more deals that are either subsized through the money factor on the lease or the residual. If things get bad they could put extra incentives on them. However if I were a betting man, on a new 650convertible, I would say it won't get to the levels you stated.

A final option is to wait until the 640 comes out. It is cheaper than the 650, and may meet your criteria.
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      08-15-2011, 03:35 PM   #5
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Hey Houston Bimmer.. I really appreciate you answering.. Thank you!
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      08-24-2011, 05:35 PM   #6
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noobie to this forum though around a number of others regarding the 6er and Ms so hi to all.....im wondering the same thing, my m6 is up in the end Jan and ive been toying with the idea of the new 650i coupe, but the msrp is rediculous compared to my former 645 and even my current m6. It will be interesting to see how the end of year incentives work out, i think bmw really overpriced this new 6er, so hopefully the discounts/incentives will add up to bring a nicely optioned car in the $800+ range, otherwise i may extend the lease or even look at the e92 M3
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      09-04-2011, 10:53 AM   #7
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Quote:
Originally Posted by Mario1235 View Post
I am a current BMW leasee and have been waiting for my loyalty to start so I can trade in for a new 6 series. Back in May when they first appeared on BMW's website they were leasing for $1289 a month, As of August 1st they have dropped to $1089 a month!!!

Will this continue to say the high $800's, or low to mid to high $900's???

Also if this is the case how low will the coupe's go?? $800's?... It says they hit dealerships Oct 1st, My lease ends Decemeber 1st.. so will the prices drop like they did with the convertible before I turn in my car?

I really would prefer the convertible but want to be under $1000 on monthly payment.. Thanks!

I simply can't imagine lease rates (36 month/ 12K per year) EVER getting under $1100 for the equipped car you'd actually want to drive, w/o some monster cap reduction. But good luck.
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      09-06-2011, 12:23 PM   #8
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$1089 for convertible and $989 for coupe on BMWusa.com
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      09-10-2011, 09:03 AM   #9
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Quote:
Originally Posted by Mario1235 View Post
$1089 for convertible and $989 for coupe on BMWusa.com
Yes, but as I said, look at the car they spec at that price and the cap reduction involved. $7,300+ due at signing.

I'll give at a $600 payment if you want. Just give me a $30K cap reduction. Time to learn more about leasing.
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      09-10-2011, 01:33 PM   #10
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you americans get excellent lease deals ! id have to pay at least 1800 if i wanted a six series
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      09-12-2011, 03:04 PM   #11
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If your heart isn't set on a 6, you could always consider the 3 Convertible
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      10-02-2011, 08:01 PM   #12
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$899*/month for 36 months $3,500 Option Allowance available.
• $899 First months payment
• $5,000 Down payment
• $0 Security Deposit
• $725 Acquisition fee
• $6,624 Cash due at signing

CURRENTLY ON BMWUSA.COM - I knew they would drop huge!!
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      10-02-2011, 11:11 PM   #13
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Quote:
Originally Posted by Mario1235 View Post
$899*/month for 36 months $3,500 Option Allowance available.
• $899 First months payment
• $5,000 Down payment
• $0 Security Deposit
• $725 Acquisition fee
• $6,624 Cash due at signing

CURRENTLY ON BMWUSA.COM - I knew they would drop huge!!
The rates you list appear to be for a 640i convertible. That's an appropriate lease rate for that car IMHO.
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      10-02-2011, 11:37 PM   #14
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But you are right in the sense that "pre-tax" the rates for a 650i convertible can be under $1000.00 per month on a 36month lease -depending on the options:

$989*/month for 36 months $3,500 Option Allowance available.• $989 First months payment
• $5,500 Down payment
• $0 Security Deposit
• $725 Acquisition fee
• $7,214 Cash due at signing
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      10-03-2011, 10:45 AM   #15
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Quote:
Originally Posted by car_fan View Post
The rates you list appear to be for a 640i convertible. That's an appropriate lease rate for that car IMHO.


Nope thats for the 650 coupe and its $989 for the 650 convert, the 640's are not listed yet
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      10-03-2011, 06:02 PM   #16
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It will still be over $1k/mo after taxes, fees, etc. And a $5k downpayment on a lease? That's a losing proposition. I would never do a lease with such a huge downpayment.
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      10-04-2011, 11:43 AM   #17
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Quote:
Originally Posted by jettie1767 View Post
...And a $5k downpayment on a lease? That's a losing proposition. I would never do a lease with such a huge downpayment.
Why would you think such a thing? Leasing is very much like any other finance option, and putting a reasonable downpayment is a very cost effective way to reduce your montly payement and finance charges. There is absolutley no down side. In fact, when financial incentives are used in this capacity, as BMW often does, your cost can be significantly lower than you may imagine. Id never spend $1K+ on a car payment unless it was from marinello. My M6 is quite a ways below that mark, and yes I bought her brand new and fully loaded.
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      10-04-2011, 01:34 PM   #18
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This is the deal i was given on the 7 series from a broker ... MandVleasing.com - This was in September before the October price drops.. I have yet to email about the 6 series but if the 750i was $1029 on bmwusa.com and they quoted me $869. Now that 750i is $939 on bmwusa.com I assume that the 750i would be around $780 a month with $2500 down. Someone email them an get a quote on a 6 coupe??

2012 BMW 750i
Price: $869.00
36 months $2500 Down
Add Local Sales Tax, Add $725 bank fee & DMV fees.
Includes 10k miles per year
2012 BMW 750i
Includes:

Navigation System
Bluetooth
Xenons headlights
Park Distance Control, front and rear, with graphic display
Free Scheduled Maintenance
Luxury Seating Package
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      10-04-2011, 04:59 PM   #19
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Quote:
Originally Posted by Mario1235 View Post
This is the deal i was given on the 7 series from a broker ... MandVleasing.com - This was in September before the October price drops.. I have yet to email about the 6 series but if the 750i was $1029 on bmwusa.com and they quoted me $869. Now that 750i is $939 on bmwusa.com I assume that the 750i would be around $780 a month with $2500 down. Someone email them an get a quote on a 6 coupe??

2012 BMW 750i
Price: $869.00
36 months $2500 Down
Add Local Sales Tax, Add $725 bank fee & DMV fees.
Includes 10k miles per year
2012 BMW 750i
Includes:

Navigation System
Bluetooth
Xenons headlights
Park Distance Control, front and rear, with graphic display
Free Scheduled Maintenance
Luxury Seating Package

Dealers are real aggressive right now on prices for the 7. There is 10-15k off on those cars to move them.
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      10-04-2011, 07:36 PM   #20
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Quote:
Originally Posted by m630 View Post
Why would you think such a thing? Leasing is very much like any other finance option, and putting a reasonable downpayment is a very cost effective way to reduce your montly payement and finance charges. There is absolutley no down side. In fact, when financial incentives are used in this capacity, as BMW often does, your cost can be significantly lower than you may imagine. Id never spend $1K+ on a car payment unless it was from marinello. My M6 is quite a ways below that mark, and yes I bought her brand new and fully loaded.
It is not the same as financing a car. If you total the car or it's stolen, kiss that downpayment goodbye.
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      10-06-2011, 07:52 AM   #21
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Quote:
Originally Posted by jettie1767 View Post
It is not the same as financing a car. If you total the car or it's stolen, kiss that downpayment goodbye.

Completely false, its no different than any other form of finance, you have insurance for those things in all cases. Ive done it for more than a decade and its the most cost effective way to get into these types of cars. You have to be crazy to put zero down on $100K cars, you're financing an unjustifable, and completely avoidable amount of interest for no reason.

To each his own, but from a finance point of view, its the most efficient way to effectively use your $$$
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      10-06-2011, 11:55 AM   #22
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research Gap insurance....
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