Quote:
Originally Posted by wrdnk
Hi all,
Happy New Year!
I was wondering what the current money factor and residual % (for 36m/10k lease) are for 2020 X5.
Also, is January a good time to lease? With CCA policy change (having to wait for 6 months to become eligible for the rebate), I am thinking if I should wait for a couple more months until new incentives (if any) roll out.
Thanks for your help/knowledge as always
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January is still a good time to lease, not optimal but there is a lease incentive and loyalty to offset the decrease in residual value.
January numbers
MF 0.00137 or 3.29%
Lease residuals dropped by 1%
57%/10K, 56%/12K, 54%/15K
For example on a X5 with MSRP of 75K, -1% is roughly-$750 and difference between MF 0.00128 and 0.00137 is +$11/mo or $396 over the term of a 3 year lease.
Nov and Dec were the best months:
MF 0.00128 or 3.07%
Lease residuals jumped back to their standard
58%/10K, 57%/12K, 55%/15K
Sept through Oct were rough with 2% drop in lease residuals:
MF 0.00128 or 3.07%
56%/10K, 55%/12K, 53%/15K