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      01-04-2019, 09:18 PM   #18
JRobUSC
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Drives: Mineral Gray 2019 330i xDrive
Join Date: Jul 2011
Location: United States

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Quote:
Originally Posted by johnm550 View Post
I'm a finance guy and this makes no sense. My wife has a 17 X5, MSRP $79k, $1,600 total due at lease signing and $744/mth, 36mths, 10k miles/yr. I don't remember the MF or Residual however I believe it was comparable. She has 11 months remaining and thinking of X7, MB GLS450 or Lincoln Navigator. These lease prices seem insane to me. I'm leasing a F90 M5 for $1400/MTH with $118k MSRP and $1600 due at lease signing (Less $1000 BMWCCA Rebate, received afterwards). EVERYONE NEEDS TO BE PATIENT until prices and residuals normalize. The only reason prices increase is due to demand, if everyone was financially responsible and refused insane prices they would eventually go lower. PATIENCE everyone. This is a want not a need.
Respectfully, a $79k msrp vehicle for $744/mo with $1600 at signing isn’t “normalized”. You understand that even at 0% interest over 36 mos that would require a 65% residual? With a minimal money factor you’d need damn near a 70% residual to see those numbers. That’s nonsensical for a manufacturer. If you got that before, good for you, but it’s not happening again, I don’t care how long you tell people to wait. Even 59% is generous today. The figures you’re talking about are just not happening.
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