Find BMW Dealers in Page, Arizona

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Page, AZ BMW Car Consumer Discussions

Re: 335i in NorCal [driverboy]: by cdnpinhead on Sat Oct 04 19:38:32 PDT 2008; What's done is done. Enjoy your new car (as if. . .). Good luck.

Re: Assuming a 328 lease [sambo49]: by cdnpinhead on Tue Sep 16 06:23:37 PDT 2008; If the poor sap who's trying to get out from under really paid $6K drive-away, probably $4.5K of it was cap cost reduction, so that's certainly to your advantage. Assuming you can live with the 10K miles per year (how much of the first year is used up, given that 80% of the mileage is?), and the car is well equipped, $400 sounds pretty good. As far as buying it when the lease is up, prior to last spring the residual values baked into leases were artificially high, so the buyout number could be pretty high. But, if you like the car & don't want to go for a new one in two years (BMW is making it more attractive to buy outright these days, and it could be ever more so by then), at least you'll know most of the history of your own used car.

Given the Way. . .: by cdnpinhead on Fri Sep 12 06:17:56 PDT 2008; BMW has been jacking up the price of leasing (lower residuals & higher MFs), while offering more financial incentives to those who buy, it wouldn't surprise me if they also became willing to negotiate at turn-in time. . .eventually. The only reason not to sell the car to someone who's been driving it for the last 3 years for more money than it would fetch otherwise is to encourage (force, really) a follow-on lease. Time will tell.

You Need to Remember. . .: by cdnpinhead on Tue Jul 29 12:28:25 PDT 2008; that factory-subsidized leases usually had (until quite recently) inflated residuals (relative to what the car is actually worth at lease end) and/or an artificially low money factor (interest rate) to keep the monthly lease payments "affordable." They were willing to suck up the loss at the end of the lease in order to keep the cars flowing. Leases through banks were much more realistic, therefore expensive and less desirable (if you're the person making the monthly payment). That particular pyramid scheme seems to have imploded somewhat. The MFs are up and the residuals are down on BMW leases, and some mfrs are getting out of leasing altogether.

Re: KYFDX - question on 2008 BMW 328i [slipstreamv2]: by cdnpinhead on Mon Aug 11 10:22:05 PDT 2008; "Is Car_man still around?" He shows up here about once a month, whether he needs to or not. The regulars who have the time are generally very helpful.

The Dream-World. . .: by cdnpinhead on Thu Jun 26 13:04:36 PDT 2008; BMW lease money factors and residuals seem to have come to an end. I noticed a year or more ago that if you weren't interested in a 3 sedan, the situation wasn't nearly so favorable. Now all the MFs are going up and the residuals are going down across the board. Should be interesting.

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