11-05-2022, 10:31 AM | #111 | ||
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Believe me, BMW will gladly take your money, 24 or 64 and as far as needing it, more profit means more happy shareholders.
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11-05-2022, 03:14 PM | #112 | |
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My store has a line of 11 for the M2...I believe only 2 are under 40...myself included. Similar story for the G8x. Most buyers are in the 40-50 range. |
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11-05-2022, 03:53 PM | #113 | ||
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The $800 lease ($879 to be exact) I paid back in 2001 was for a BMW X5 4.4i with Sport Package, the first model year of the vehicle. Loved that ride. Not sure what I gave down but it was fully loaded, retailed about $67k. I guess leases have changed a little lol
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11-08-2022, 07:05 AM | #115 | |||
Luxury at the redline :)
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I remember my 2009 135i with a 48k MSRP and at 15k miles a year and the payment was just $560 a month. That was relatively low for the privilege of driving a new loaded BMW, which was unfathomable to the uninitiated, since they were paying more a per month for their measly Honda Accord. However, I know BMW got the short end of the stick on that deal because the residual value was estimated to be $30,000+ but I saw on the Carfax they auctioned it off for $19,500 six month after I returned it. That's a $11,000 loss they has to absorb just so I could look hood-rich for three years 😎 So, just by that alone, I say now it's the opposite, where they err on the side of caution and overestimate the predicted residual rate of depreciation on their leases. Thus, the cost to borrow the car is riskier and so they pass that alone to the consumer - take it or leave it. |
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