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#1
07-05-2008, 09:05 PM
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Lease Question
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!!! 
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