BMW FS Taking a Hit on Vehicles at Lease End

take-heed · 04-25-2008, 03:57 PM

From this article it looks like BMW FS are hurting because of the lower prices it is getting on cars returned at lease end. This could have a bad effect on residuals in the future.

http://www.theglobeandmail.com/servl...ory/?query=bmw

Dan203 · 04-25-2008, 04:43 PM

Probably a good time to buy a used car if you're in the market for one.

Dan

warmtoes · 04-25-2008, 04:59 PM

This had to happen because of the US dollar dropping so much.

AchtungF80 · 04-25-2008, 06:36 PM

Yup, they're so low, I'm in fact considering replacing my FX35 with a 2005 BMW X3 CPO.
Regularly going for between $23,995-29,995 with a similar to new car warranty and low mileage (25k-37k)

Nixon · 04-28-2008, 11:00 AM

The new twin turbo engine is also having a negative affect on the used NA BMW's. More folks are willing to either wait it out until used turbo versions start coming off lease and are cheaper, or are willing to buy new to get the new engine.

Brandon26pdx · 04-28-2008, 12:34 PM

Quote:

Originally Posted by Nixon

The new twin turbo engine is also having a negative affect on the used NA BMW's. More folks are willing to either wait it out until used turbo versions start coming off lease and are cheaper, or are willing to buy new to get the new engine.

Ironically a used N.A. bimmer would scare the bejeebus out of me far less than a used twin-turbo model, all things being equal. But you might have point here regarding the masses of less tech-savy consumers, who see these new twin-turbo models as a big step forward in terms of power and fuel economy.:iono:

04-25-2008, 03:57 PM	#1
take-heed New Member 0 Rep 9 Posts Drives: Join Date: Mar 2008 iTrader: (0)	BMW FS Taking a Hit on Vehicles at Lease End From this article it looks like BMW FS are hurting because of the lower prices it is getting on cars returned at lease end. This could have a bad effect on residuals in the future. http://www.theglobeandmail.com/servl...ory/?query=bmw
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04-25-2008, 04:43 PM	#2
Dan203 Lieutenant Colonel 136 Rep 1,592 Posts Drives: 2016 340i xDrive Join Date: Jul 2008 Location: Carson City, NV iTrader: (1)	Probably a good time to buy a used car if you're in the market for one. Dan
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04-25-2008, 04:59 PM	#3
warmtoes Lieutenant Colonel 31 Rep 1,917 Posts Drives: EBII 435i xDrive Join Date: Apr 2008 Location: Vancouver iTrader: (1)	This had to happen because of the US dollar dropping so much. __________________ *2014 EBII 435i xDrive M-sport* Gone: 2011 TiAg F25 X3 xDrive35i M-sport Gone: 2008 TiAg w/Coral Red E88 135i Cab M-sport
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04-25-2008, 06:36 PM	#4
AchtungF80 Brigadier General 276 Rep 3,465 Posts Drives: 997.2 GT3, '17 G30 Join Date: Apr 2006 Location: NJ iTrader: (2) Garage List 2008 135is [9.50] 2010 Cooper S [10.00] 1991 318is [10.00]	Yup, they're so low, I'm in fact considering replacing my FX35 with a 2005 BMW X3 CPO. Regularly going for between $23,995-29,995 with a similar to new car warranty and low mileage (25k-37k) __________________ ig: 0verrev
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04-28-2008, 11:00 AM	#5
Nixon Banned 57 Rep 1,396 Posts Drives: : Join Date: Jul 2007 Location: : iTrader: (0)	The new twin turbo engine is also having a negative affect on the used NA BMW's. More folks are willing to either wait it out until used turbo versions start coming off lease and are cheaper, or are willing to buy new to get the new engine.
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