We have been pitched at our local BMW dealer (NY-Long Island) a program in place until end of May to lease certified pre-owned 2013 3 Series. They are for as short as 24 months and seem to have favorable pricing. Any thoughts on this deal or things to watch out for? Thanks.
Yes they are. I have some cars starting back of $250 a month +Tax/Tag/Fees. If you’re interested, please let me know.
Raphael Loberant
-National BMW buyer for Sonic Automotive.
Raphael.loberant@sonicautomotive.com
Hello, do you have any 740/750 LI XDrive CPO vehicles that could be leased? Please send me the details for 24/27/36 months. 10K miles. Residual and MF.
Thank You
They are really expensive! The lease deals are with 328’s 528’s and 535’s.
How would it be with a 528xi ? Selling price around $33k. 24/27/36 months 10k/year. What would the pmt, MF and Residual be? Thanks in advance.
Residual is dollar based and not a percentage. Depends on miles on and miles per year.
Rate would be as low as .00158.
Where are you located and I give you some examples that near you and how much it would be?
I’d be interested if you could provide some numbers on a 528 and 535.
Zip 33137
24 mo/12k per yr.
My understanding is that selling price on these have the biggest impact so please run the numbers on the least expensive possible option.
Thanks
Based on the slowing sales of luxury sedans both new and cpo, it’s not a surprise that dealers are getting more creative with moving the metal. As buyers we need to remember this and to shop around for great deals. Buyer’s market for luxury sedans.
@Ross
i wasn’t aware that sales are slowing, where did you read that?
So far only anecdotal evidence like way to many new 2015 cars left over on the lots of many brands that I have not seen in previous years.
Many Toyota Sienna’s, ton’s of Honda’s.
Last months Toyota was offering $3k rebate on many 2015s to move.
As well as it’s curious to see how long some of the used cars sit on the lot also.
Also, articles about new “normal” for a car loans length to be 72-84 months or 1/3 of all new cars are leased as people can’t afford to cars with recent MSRP prices. To me this reads as sales are going deeper into barrel to scrape the lowest of the lows of FICO to get another sale done.
Check out the chart midway through the article to see which cars are seeing the biggest decreases in 2016.
Zip 60076. Looking for something 2014 with around 30k miles. 528XI. 10k per year