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Will Fed Rate Cut Improve BMW Leases in 3-6 Months?

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Old 09-22-2007, 07:52 AM
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Greetings:

My lease is up in 6 months and I am looking at a 2008 550i....questions: (1) it is my understanding that the going rate for a 3 year/36K mile lease on this vehicel is running about $ 1,000/month in So. Cal (I am just looking at the Sport Package ONLY--no Navigation system or any other extras, total comes to about $65K)....is this the going rate???/.....should the price come down since the 2008 models are the 2nd year of production for this vehicle???....and (2) will the recent Fed interest rate cut benefit consumers who opt to lease a vehicle in the next 90 - 180 days???

Thanks.
Old 09-22-2007, 08:46 AM
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Originally Posted by elchevere' post='473060' date='Sep 22 2007, 10:52 AM
Greetings:

My lease is up in 6 months and I am looking at a 2008 550i....questions: (1) it is my understanding that the going rate for a 3 year/36K mile lease on this vehicel is running about $ 1,000/month in So. Cal (I am just looking at the Sport Package ONLY--no Navigation system or any other extras, total comes to about $65K)....is this the going rate???/.....should the price come down since the 2008 models are the 2nd year of production for this vehicle???....and (2) will the recent Fed interest rate cut benefit consumers who opt to lease a vehicle in the next 90 - 180 days???

Thanks.
The weakening greenback will likely result in price increases .
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