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      11-19-2012, 06:15 PM   #36

Drives: 2011 E90 M3
Join Date: Jun 2010
Location: New Orleans, LA

iTrader: (0)

True but that doesn't mean BMW is always right. I leased my '08 550 back in Oct 2007 and when it came time to turn it in the value on the market (KBB and others) was well below the residual on the car. I was seriously thinking of buying it but BMW refused to budge on the residual in Sept '10 so I turned the car in and bought the M3.

My local dealer CPO'd the car and basically sold it at the residual value so BMW was out the value of the CPO warranty...
Current: 2011 Space Grey E90 M3, DCT, Comp. Pkg., Conv. Pkg., everything but Cold Weather Pkg!
Gone: 2008 550, Space Grey, Sports Package, Sport Auto Transmission.
Sold: 2004 545i (U.S.), Steptronic, Silver Gray.