Quote:
Originally Posted by EA51 LAY
Shizzle is correct - you can lock in the rate at time of order (upto a certain period), but if it improves (in the month you collect it) you get the option to take that rate at time of delivery!!!
The reason the lease rate is pretty high and yet the residual quite mundane is to (within reason) assist with residual value. It may sound strange but with the M3 lease, its as if its aimed at the enthusiast only, its not enticing enough to flood the market with over supply!!
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I guess it works if few-on-the-market high residual values is truly BMW's goal because as a % Canada seems to hold the highest M3 residuals I've seen.
I'm not interested in a lease though. So it is specifically the finance rates that are of interest to me. And if I own the car 8 years as I will have with my current A4, then the residual value will be more of an afterthought by that time.
Now all I need is for BMW Canada Financing to offer something I am comfortable with, or it's a trip back to the ole bank for a chat.