View Single Post
      11-14-2009, 11:05 AM   #12
stevenross's Avatar

Drives: a ride
Join Date: Oct 2009
Location: NYC - Bayside

iTrader: (1)

Garage List
2011 BMW M3  [5.00]
2008 BMW X5 3.Slow  [0.00]
Originally Posted by Angry3 View Post
That's right on the money unless there are some incentives I'm not aware of. Other than a 3-4 month period late last year through Feb. of this year when BMW was giving away leases on these cars with low MFs and inflated residuals the lease terms have been brutal. Last time I looked MFs were around .0025 and residuals were low 50s, even at invoice or below you're talking about $1200-1400/mo with no CCR. If cost is no object and you need the tax writeoff for a business go for it, otherwise I would either purchase, or better yet look for an assumption of one of those great lease deals or from someone who put a town of cash down.

Just my .02.
thank you for the input..

hey what is a CCR?