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01-06-2010, 01:30 AM | #1 |
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1st year lease prices
So is the F10 going to be outrageously over priced for leases in its 1st year? I remember the 1 series was a fortune to lease in its 1st year and wasn't sure if thats cuz of it being a totally new model or if that applys to restyled models as well?
Can I expect the lease rates/residuals to stay SOMEWHAT the same (all things considered being equal) or probably not? Just wondering if I should even bother looking into an F10 lease next Christmas time when the lease on my 3 is up. |
01-06-2010, 02:48 PM | #2 |
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I'm in the same boat and not very optimistic. I leased one of the first 2007 335i Cabrios into the country and it cost a fortune due to the high money factor. I shouldn't have done it but got caught up in having something fun and new that everyone didn't have yet.
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01-06-2010, 04:08 PM | #3 |
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You should expect to pay a bit more for the car when it first comes out for about a year. It happens to any car, because of the higher interest rate. Some cars stay high for a few months, some for up to about a year. The 5er probably BMW's second or third highest selling car, (after E90 and maybe even E92?) so expect those rates to drop faster than it did for a 1er. For some cars, like the X6, the rate took much longer to drop (at least in Canada). It's all dependent on consumer response as well as BMW's sales objectives. I'd expect to see it drop by Christmas though, especially when they want to boost 2009 sales figures late in December.
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01-06-2010, 04:43 PM | #4 |
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ya I figured.
Maybe I'll just take my moms Commander from her (shes been thinking of getting something new anyway) for 6 months or a year until they come down. |
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01-06-2010, 10:00 PM | #5 |
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I am hoping lease #'s will be friendlier in december as well, but with no actual way to measure the depreciation of the f10 I have a feeling mf's and interest rates will not be so favorable, as stated above tho, hopefully december incentives will prove to counterbalance this.....
my lease on my '08 535i end 12/2010...
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