Leasing CPO M3?

conradb · 10-17-2010, 02:13 AM

Is it possible? I haven't talked with a dealer yet, but if a nice 2009 comes up on the lot, I'd like to lease it.

ABSAUTOBODY · 10-17-2010, 03:29 AM

i dont think so because they don't make money after a vehicle has already been leased

conradb · 10-17-2010, 08:33 AM

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.

osteome · 10-17-2010, 08:38 AM

In my past experience, leasing a used vehicle is not very advantageous to the consumer.

ACZakka325i · 10-17-2010, 09:05 AM

^ 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.

clubspec330i · 10-17-2010, 09:42 AM

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..

Dntlvet · 10-17-2010, 09:44 AM

Not an easy deal leasing the CPO.
You still have another owner's issues.

dimabimmer · 10-17-2010, 10:39 AM

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

TheEnrique · 10-18-2010, 08:51 AM

Quote:

Originally Posted by dimabimmer

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

UMM WHERE??? IM LOOKING FOR AN E92 ASAP!

10-17-2010, 02:13 AM	#1
conradb Lieutenant 73 Rep 493 Posts Drives: 2011 E92 M3 (ZCP/DCT/ZCV) Join Date: Apr 2010 Location: GMT -8 iTrader: (0)	Leasing CPO M3? Is it possible? I haven't talked with a dealer yet, but if a nice 2009 comes up on the lot, I'd like to lease it.
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10-17-2010, 03:29 AM	#2
ABSAUTOBODY First Lieutenant 14 Rep 332 Posts Drives: car Join Date: Feb 2010 Location: South El Monte, 626 iTrader: (3)	i dont think so because they don't make money after a vehicle has already been leased
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10-17-2010, 08:33 AM	#3
conradb Lieutenant 73 Rep 493 Posts Drives: 2011 E92 M3 (ZCP/DCT/ZCV) Join Date: Apr 2010 Location: GMT -8 iTrader: (0)	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
osteome Major 195 Rep 1,275 Posts Drives: 2020 X5 Join Date: Oct 2005 Location: Germany iTrader: (4)	In my past experience, leasing a used vehicle is not very advantageous to the consumer. __________________ 2022 M4 Competition ConvertibleDravit / Tartufo Full / Carbon Fiber Exterior...loaded 2020 X5:MW/Coffee Extended Merino, M Sport, B&W....loaded 2007 X3: Sapphire Black / Black loaded 6 speed Gone: M3 E93 Silverstone II over Bamboo
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10-17-2010, 09:05 AM	#5
ACZakka325i Colonel 277 Rep 2,008 Posts Drives: 2 stroke Join Date: Jul 2005 Location: CT iTrader: (2)	^ 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. __________________ (Waitlist): #1 M2CSL (Current): 2016 F15 X5 3.5xdrive - 2010 997.2 C4S Coupe (Past): 2016 F30 340xi M-Sport -2013 535i xdrive 2008 E92 M3 - 2006 E90 325i 2002 E46 325xi - 1991 E30 325i
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10-17-2010, 09:42 AM	#6
clubspec330i First Lieutenant 71 Rep 396 Posts Drives: MG F39, CB F86, MB 911T Join Date: Apr 2005 Location: So. Cal iTrader: (0)	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, 09:44 AM	#7
Dntlvet Dntlvet 11 Rep 447 Posts Drives: 10 M3 Sedan,13 GT-R BE,13 Pors Join Date: Jul 2009 Location: Wisconsin iTrader: (0)	Not an easy deal leasing the CPO. You still have another owner's issues.
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10-17-2010, 10:39 AM	#8
dimabimmer Lieutenant Colonel 148 Rep 1,885 Posts Drives: '11 E92 M3 ZCP 6MT Join Date: Apr 2009 Location: Brooklyn to SoHo NYC iTrader: (0)	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 __________________ '11 E92 M3 ZCP SG 6MT Tech Sound USB Heat Cloth Aluminium Sunshade http://www.m3post.com/forums/showthread.php?t=422151 Last edited by dimabimmer; 10-17-2010 at 10:51 AM..
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