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#9887 of 11402 Re: 5 series day [stickguy]
Dec 07, 2012 (1:58 pm)
Similar terms here were on a 535i for 489, I think. Not a bad deal. You're probably just barely covering depreciation.
Dec 08, 2012 (5:21 am)
BMW 5-series has a special 24-month lease... Cheap, considering the short term...
Can't agree with it being sad that you can lease a BMW or Mercedes cheap... That's the only way I can drive one.. Screw "brand image"... they are cars..
And, I've got stellar credit, thank you!
#9889 of 11402 up close @1:30 am
Dec 08, 2012 (8:08 am)
a new Interceptor Utility.
and a brief conversation while I was waiting for my wife to finish her goodbye's.
I was stopped in the road at the and of a driveway, with my right turn signal on.
The funny thing was the cop was from my town, but I was in the next town over.
#9890 of 11402 Re: Cheap leases [kyfdx]
Dec 08, 2012 (8:27 am)
The image thing seems to be more of a NA construct than anything. In Europe, the brands are respected, but not instantly thought of as luxury. It all depends on the model and how it is equipped. These lease specials seem to have been going on for awhile, brand equity is still alive, sales are huge - the market accepts.
#9891 of 11402 Spotted
Dec 09, 2012 (10:17 am)
A blue BMW 3-Series followed by a red BMW 1-Series on Terwood Road in Montgomery County, PA.
#9892 of 11402 Re: 5 series day [stickguy]
Dec 10, 2012 (7:38 am)
328xi for $349/39 with $3,500 down. And a 5 series for $449 (I think the same term).
So cheap. Too bad I didn't like the new 5. Think I'd look at that AWD Bimmer if I were the leasing type.
I drive 2 cars (one daily commuter, one weekend/family car) so the 10k miles limit wouldn't be an issue for me.
I don't see how the math adds up. $50k car, in 3 years the residual is half or less, where's the $25k worth of payments? Even for the 5er the totals aren't even $20k.
Dec 10, 2012 (7:39 am)
Spotted at Washington Circle this AM.
Seeing a bunch of these now.
Dec 10, 2012 (2:28 pm)
Saw a new ES today, as it was a couple blocks from the dealer, I suspect it was going to or from. Also had a new GS park way out by me at Costco.
#9895 of 11402 Re: 5 series day [ateixeira]
by kyfdx@Edmunds HOST
Dec 10, 2012 (3:22 pm)
3 years the residual is half or less
What if the residual is 63%, and there is a 6% cash incentive on the front end?
That's how the math works...
Dec 10, 2012 (5:14 pm)
Saw another new Fusion - from a distance I thought it might be a Tesla or something. Looks like more than it is.
Regarding leases, vastly inflated residuals also help.