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BMW Just Emailed Me Rates To Re Lease My 550.

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Old 03-03-2008 | 12:33 PM
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All I can say is wow. My two year lease with 15K miles a year is $986. Since my new 550 is due to arrive in a few days, re leasing is not an option but I was curious. For another 12 months my payment would be......drum roll please......$2097.01!! Are they frigging INSANE??
Old 03-03-2008 | 01:16 PM
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why would it be so extreme like that?
Old 03-03-2008 | 01:45 PM
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you could get into an M5 for a better price...what's up with the huge price hike?
Old 03-03-2008 | 02:36 PM
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I'm not surprised nor should you ... The lease extension pricing was computed using the new budget formula developed by Governor John Corzine . [For outsiders, he's the current NJ Governor].
Old 03-03-2008 | 06:11 PM
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Originally Posted by luigi524td' post='539225' date='Mar 3 2008, 06:36 PM
I'm not surprised nor should you ... The lease extension pricing was computed using the new budget formula developed by Governor John Corzine . [For outsiders, he's the current NJ Governor].
I feel bad for him. Must be tough being worth over $1B.
Old 03-18-2008 | 01:15 PM
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how does that make sense? what was their explanation? is this a NJ thing like luigi said? how can leasing a brand new $70K car be cheaper than leasing a $50K car????

im thinking of extending my lease for another year or two at lease-end this summer and thought my monthly payments would be going DOWN, not up.
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