Demo / CPO lease the best option?

I understand that most of the talk here is leasing new cars. Of course, there are advantages of coupons / incentives that apply to latest model cars, but let’s put that into perspective.

A slightly used / demo car already has already taken a depreciation hit and the gap between its current value and RV is a smaller gap (by percentage) than if it were new (I’m assuming, but I feel this follows basic logic)

Shouldn’t we be focusing on these demo / slightly used + finding incentives for the “insane” deals?

Many on here have gotten great deals on BMW, MB and Mini demos. BMW this month drastically changed their RVs for demos with more than 5k miles. Mini might have done the same as @loberant hasn’t posted his list this month.

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What is the new policy on RV for demos >5k miles?

Per @loberant, they are hitting the residual 4%-6% PLUS the mileage penalty for anything over 5000 miles.