August 2008 Lease Rates for 08 BMW 7-Series

My Take: The 7-series rates for August remain unchanged, so nothing to sing about. Then again, if you can afford the 7-series, do you really care? Maybe, maybe not. Anyway, I’ll be using the 750Li as an example for the estimated monthly payments.

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  • 750Li + BMW Individual Composition + Vented Seats
  • MSRP $95,225
  • Invoice $86,820
  • Standard inception fees + tax
  • Lease rate in BOLD

24mo Payment: $1395 at invoice, $1764 at MSRP
36mo Payment: $1280 at invoice, $1532 at MSRP

Edmunds’ TMV suggests that the car can be leased at another $2000-$2800 under invoice. Some folks around the country have also reported at least 11k off MSRP on their leases. so it looks like payments can dip into $1272 for 24mo and $1196 for 36mo if you can go about $2800 under invoice. You can further cut that price by opting for the 12k or the 10k mileage allowances. Remember, if you are not a returning BMW customer, you may have to pay a security deposit to get the .00215 base rate.

2008 BMW 750i Sedan
24 Month – Residual 64% of MSRP – .00215 Base Rate
36 Month – Residual 54% of MSRP – .00215 Base Rate

2008 BMW 750Li Sedan
24 Month – Residual 64% of MSRP – .00215 Base Rate
36 Month – Residual 54% of MSRP – .00215 Base Rate

2008 BMW 760Li Sedan
24 Month – Residual 51% of MSRP – .00215 Base Rate
36 Month – Residual 41% of MSRP – .00215 Base Rate

2008 BMW Alpina B7 Sedan
24 Month – Residual 54% of MSRP – .00215 Base Rate
36 Month – Residual 44% of MSRP – .00215 Base Rate

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* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3%
for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

July 2008 Lease Rate for 08 BMW 7-Series

2008 BMW 750i Sedan
24 Month – Residual 64% of MSRP – .00215 Base Rate
36 Month – Residual 54% of MSRP – .00215 Base Rate
48 Month – Residual 29% of MSRP – .00270 Base Rate
60 Month – Residual 22% of MSRP – .00270 Base Rate

2008 BMW 750Li Sedan
24 Month – Residual 64% of MSRP – .00215 Base Rate
36 Month – Residual 54% of MSRP – .00215 Base Rate
48 Month – Residual 30% of MSRP – .00270 Base Rate
60 Month – Residual 24% of MSRP – .00270 Base Rate

2008 BMW 760Li Sedan
24 Month – Residual 51% of MSRP – .00215 Base Rate
36 Month – Residual 41% of MSRP – .00215 Base Rate
48 Month – Residual 26% of MSRP – .00270 Base Rate
60 Month – Residual 20% of MSRP – .00270 Base Rate

2008 BMW Alpina B7 Sedan
24 Month – Residual 54% of MSRP – .00215 Base Rate
36 Month – Residual 44% of MSRP – .00215 Base Rate
48 Month – Residual 32% of MSRP – .00270 Base Rate
60 Month – Residual 25% of MSRP – .00270 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Unfortunately, the lease rate for the 7-series has gone up a bit since June while the residual seems to have stayed the same. This means that the car will probably run you significantly more monthly. It seems that as the year progresses, leasing becomes more and more expensive, while financing and purchase incentives become better. Something to think about if you are looking to lease later in the year.