Where did all the great lease residuals go?
Are cheap leases a thing of the past?
If you're looking for killer lease deals on BMW's, Mercedes, Lexus and others, you're in for a little surprise.
The 61% residuals on vehicles like the X5 and 745 have all but disappeared.
Most 03' BMW's have hidden dealer rebates but the amounts don't offset the lower residuals they're saddled with now.
The Spies can fill you in on most of the latest deals by purchasing our "Lite" consultation service (Click the credit card image below to purchase the service):
Here's one sample to wet your appetite...
Last month the residual on the 7-series was in the high 50's through BMW financial on a 48 month lease. This month, it's a miserable 38%!!!! That's in Audi territory!
What does that mean to your payment?
Last month if you got a great deal on 7, your payment would have been in the high 9's...with the new residuals and rebates, your payment will jump to around $1300 per month!
Combine that with the new California DMV fees tripling and you're making one heart stopping purchase.
Keep your eye on BMW sales next month because we predict they are going to take a huge hit...
Protecting you,
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