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10-17-2010, 08:33 AM | #3 |
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How would they not make money? They're leasing the vehicle at a price that gains them a profit with the projected value of the car after that lease has expired.
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10-17-2010, 08:38 AM | #4 |
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In my past experience, leasing a used vehicle is not very advantageous to the consumer.
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10-17-2010, 09:05 AM | #5 |
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^ I disagree. I would think leasing a used car would be more advantageous to the consumer than a new one.
You get a discounted purchase price. You get all the maintenance included. You don't care about previous miles as the car is not yours. Residual value would take a less-steep drop. You get the beat the crap out of the car for less money and at the end of the term, you are in the exact same place as if you leased it new.
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10-17-2010, 09:42 AM | #6 |
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When I used to work at a dealer during construction, not in sales, people leased CPO all the time. However, money factor is not so great as a new car. What you might end up is paying for almost as much as new. The only good thing is probably residual value.
Go for it and enjoy the car.. |
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10-17-2010, 10:39 AM | #8 |
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With current amazing lease offers, favorable MF and Residual... one has to be insane to be thinking of leasing CPO... Why? It is soooo much cheaper to lease new!
New BMW lease deals are not going to be here forever... have to grab one while you can! Even to buy out CPO is not good enough deal VS Leasing new... CPO M3 is too expensive for a used car... just don't seem to go down in value and priced close to new one... Get a calculator, crunch some numbers, do your research... then crunch numbers some more with long term years ahead in mind, and you will see, leasing an M3 today is the best proposition ever! Only in America! > $760 a month on a $70k+ BMW M3... (yeap! current E93 lease deals!) good luck getting that monthly payment on a CPO LOL
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http://www.m3post.com/forums/showthread.php?t=422151 Last edited by dimabimmer; 10-17-2010 at 10:51 AM.. |
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10-18-2010, 08:51 AM | #9 | |
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Quote:
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