Quote:
Originally Posted by DavyNM
I was talking to the finance dept manager at my BMW dealership [...]He went on to say that over 90% of their customers lease instead of finance. (1/3 pay cash, the other 2/3 lease or finance) I thought he was trying to push me into considering leasing, but apparent that wasn't the case. He suggest that I stick to the credit union financing, if I could get it locked in until my new car arrives in a couple of months.
Do most BMW drivers really prefer leasing over financing? Have I been doing it wrong all these years?
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90% of non-cash transactions being leases, or 0.9*2/3 = 60% of total transactions. Sounds reasonable.
I don't think BMW releases the averages, but I suspect that they vary by model.
My guess would be that higher risk cars (EVs) and first-time BMW purchases (X1's) are more likely to be leased than the rest.
IMHO,
a
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