Quote:
Originally Posted by wtwo3
There's not really any point to this thread.... just finally had some free time after an insane couple weeks of work so figured I'd post what's going on in my life.
I got a call from my local BMW dealer about purchasing my leased M340i and getting me into an M3. The value of my car was ~$54k pending inspection, and current lease-buyout is ~$50k (So basically $4k in equity).
My comment was - that's great.... but I'd be getting screwed on the other end due to lack of discount and incentives. M3s are going for MSRP at best right now, with allocations not available till the spring at the earliest, and the only incentive is $500 loyalty.
The sales guy says, "sounds like you want to have your cake and eat it too".
Damn straight.
Anyway, I'll probably just wait till my lease ends in October 2022 and re-evaluate... maybe with hopes that pricing begins to normalize by next summer.... who knows...
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AND the residuals plummeted. I went from 58% residual on my 2019 X6M to 51 or 52% on my 2022.