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      03-31-2008, 11:08 AM   #2219
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Drives: 2020 X5 xDrive 40i M Sport
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Quote:
Originally Posted by blarney View Post
That's what I'm getting at, he basically gave that deal to a leasing company so now they get to buy it for below MSRP, they will rent that car to him for a few years and at the end they get to sell that car to him or someone else based on it's depreciation over MSRP. Which means they are the ones who reap the benefit of this deal.
The residual is based on MSRP and is not affected by the sales price. Any benefit from a low sales price will be had in the form of low lease payments. The leasing company isn't getting any significant benefit.
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