September 2009 Lease Rates
09-02-2008, 10:19 PM
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My Ride: 2008 Alpine White 550i Sport, Cream Beige Interior, 6-Sp Manual - retired 9/2011
I had a feeling the residuals would drop, but holy crap! And interest went up! The 550i went from a 2-yr 65% to 61% residual....M3 from 60% to 54%, 335i sedan from 66% to 61%....just as an idea. Full figures are attached. It looks like BMW is trying to say, "Don't bother leasing."
Luckily, I locked in August's rates on the 550i I am deciding on, so now I might have to jump on it and be happy I got what I did....payment would have increased $170/month if I hadn't!!!
bmw0908lease.pdf
Luckily, I locked in August's rates on the 550i I am deciding on, so now I might have to jump on it and be happy I got what I did....payment would have increased $170/month if I hadn't!!!
bmw0908lease.pdf
09-03-2008, 07:31 AM
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My Ride: 2008 Alpine White 550i Sport, Cream Beige Interior, 6-Sp Manual - retired 9/2011
Originally Posted by doug_999' post='660697' date='Sep 3 2008, 08:41 AM
Are those for 15K? If so, do you add 3% for 10K and 2% for 12K?
09-04-2008, 12:05 AM
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My Ride: 2008 Alpine White 550i Sport, Cream Beige Interior, 6-Sp Manual - retired 9/2011
It appears that the 36-month lease residuals are mainly unchanged for most of the cars....just the 24 and 30-month residuals got rocked (1-series remains similar).
However, in my case, the 550i interest rates also went up by 1% this month.....so even on a 36-month lease, it's not looking too good. And if I can't commit to 3 months, how am I going to manage 3 years?
However, in my case, the 550i interest rates also went up by 1% this month.....so even on a 36-month lease, it's not looking too good. And if I can't commit to 3 months, how am I going to manage 3 years?
09-04-2008, 04:42 AM
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My Ride: 2008 550i Alpine white
Originally Posted by DrLev99' post='661549' date='Sep 4 2008, 04:05 AM
It appears that the 36-month lease residuals are mainly unchanged for most of the cars....just the 24 and 30-month residuals got rocked (1-series remains similar).
However, in my case, the 550i interest rates also went up by 1% this month.....so even on a 36-month lease, it's not looking too good. And if I can't commit to 3 months, how am I going to manage 3 years?
However, in my case, the 550i interest rates also went up by 1% this month.....so even on a 36-month lease, it's not looking too good. And if I can't commit to 3 months, how am I going to manage 3 years?
09-04-2008, 06:50 AM
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Originally Posted by DrLev99' post='661549' date='Sep 4 2008, 04:05 AM
It appears that the 36-month lease residuals are mainly unchanged for most of the cars....just the 24 and 30-month residuals got rocked (1-series remains similar).
However, in my case, the 550i interest rates also went up by 1% this month.....so even on a 36-month lease, it's not looking too good. And if I can't commit to 3 months, how am I going to manage 3 years?
However, in my case, the 550i interest rates also went up by 1% this month.....so even on a 36-month lease, it's not looking too good. And if I can't commit to 3 months, how am I going to manage 3 years?
my numbers are in for nissan.. and my numbers are way off from last month.. its not just BMW.... my residuals have fell alot as well.. the nissan armada went from58% to 49% thats huge.....
:thumbsdown:
09-04-2008, 08:16 AM
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My Ride: 2008 550i Jet Black on Black Leather, SAT with Paddles, Logic 7, Comfort Seats, NAV, Sport Package, PDC, Xenons, Sirius, Trinity 12W LED Angel Eyes, RPi GT Exhaust, M rear spoiler, ACS Roof Spoiler, Tinted Tail Lights, Bimmian Carbon Fiber Pillar Trim, Bimmian Shadow 550i emblem, RPi Scoop, E60 Forum Cling, Mtec bulbs in fog lights, Mtec 2W LED for License Plate Light Bulbs, K&N Filter, Bimmian LED Smoked Side Markers, Blackout roundels, Carbon Fiber Kidney Grills.
Retired Rides - 1989 325i convertible, 1995 M3, 2002 X5, 2005 545i, 2008 X5 (Lemon)
Anyone else here getting a strange feeling of "Deja Vu"??