Very interesting post. This is very bad news for BMW (and us). I was wondering when this whole lease-gig was ever going to come down on the heads of the auto manufacturers. Leasing was a very lucrative business over the past 12-15 years or so - imagine the car manufacturers and dealers being able to sell the same car twice - once new (lease) and then used (lease or sale)! Very lucrative indeed. Now, with the high cost of gasoline, everybody is looking at their monthly costs and trying to reduce expenditures. Keep in mind, this too shall pass, this is a temporary spike in fuel prices, the prices will settle into the low $3 range within 12 months and after a few years, this will all be history and will be considered the norm!

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