04-06-2020, 11:50 AM | #1608 |
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04-06-2020, 12:11 PM | #1610 |
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That's going the WRONG direction BMW
The MF reduction isn't offsetting the 1% drop of Residual value. Especially when they are dropping incentives too??
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04-06-2020, 12:18 PM | #1611 |
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We've a friend who's a regional general sales manager for another brand for a large part of western Canada.
He said it's unlikely to see any brands slashing rates or prices through this, gave a few reasons similar to what others have said in other comments for why but I don't have time to get into it now. Heading in to pick ours up in an hour. |
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04-06-2020, 01:08 PM | #1612 |
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April 2020 program posted.
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screamace303.50 |
04-06-2020, 01:56 PM | #1613 | |
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Quote:
My monthly would go up with the new program.. This is crazy.. Come on bmw.. |
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04-06-2020, 01:59 PM | #1614 |
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04-06-2020, 02:17 PM | #1615 |
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Looks like the residual for 15k miles = 54% ...which is same as March. Am I reading this correct?
Just to be sure...i am looking at rates for X5 40i Last edited by fanbmwfan; 04-06-2020 at 02:52 PM.. |
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04-06-2020, 02:34 PM | #1616 |
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Drives: 2020 BMW X5M Competition
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Yeah looks like residual didn't change from March.
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04-06-2020, 03:14 PM | #1619 |
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The residual DID drop by 1%. You can confirm this on BMW's site. Their lease offers page for the X5's shows a 10k lease with a residual dollar amount or "purchase option" at 56%. I haven't confirmed the money factor yet. This was a very poor choice on BMW's part.
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screamace303.50 |
04-06-2020, 03:42 PM | #1620 |
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I'm sure dealers will be calling BMW saying what the heck you are doing
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04-06-2020, 04:16 PM | #1622 |
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04-06-2020, 04:26 PM | #1623 |
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Jason, can you please kindly confirm if the residual value did in fact drop for the X5's for April? According to the BMWUSA website and several members, the RV for 10k is now 56% (down 1% from March). Thanks!
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04-06-2020, 04:32 PM | #1624 |
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Sorry all, missed updating the residuals. Here are the X5 residuals for April 2020.
15k miles / 53% residual
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Thewolfbmw215.50 1M4146.00 |
04-06-2020, 04:57 PM | #1626 |
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I believe there is still a typo - 10k should be 56%, right?
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04-06-2020, 05:02 PM | #1627 |
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Sorry for the confusion folks. First post updated again.
April 2020 Lease Program: X5 40i sDrive (2020MY) 15k miles / 53% residualX5 40i xDrive (2020MY) 15k miles / 53% residualX5 M50i xDrive (2020MY) 15k miles / 53% residual (40i xDrive) $2500 finance credit
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bluzbra271.00 |
04-06-2020, 05:03 PM | #1628 |
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Thanks, Jason!
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