Hello all.

Long time, first time...

...I'm eyeballing a '08 X5 with a lot of goodies but my local dealership is trying to steer me away from a lease (even though my business is paying for it) into one of their Certified Pre-Owned.

Current Money Factor on the BMW lease is 0.00279 or 6.7%.

Residual is as follows:

36 Months - 53%
30 Months - 58%
24 Months - 63%

This dealer has a lot of Certified Pre-Owned X5's on the lot. Sales dude told me that they are trying to shy away from SUV leases because they don't want them back in 24-36 months with the "big vehicle" market being what is is right now.

Has anyone else come across this sales mentality at your local dealer???

Thanks!!!