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      10-01-2021, 11:18 AM   #1629
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I'm hearing that residuals and MF may have moved this month. Does anyone have any info on this?
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      10-01-2021, 05:48 PM   #1630
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Quote:
Originally Posted by merlin3008 View Post
I'm hearing that residuals and MF may have moved this month. Does anyone have any info on this?
I believe I saw new MF at 96 compared to old 93.
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      10-01-2021, 05:49 PM   #1631
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Quote:
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Quote:
Originally Posted by merlin3008 View Post
I'm hearing that residuals and MF may have moved this month. Does anyone have any info on this?
I believe I saw new MF at 96 compared to old 93.
Yep I confirmed that with my dealer today.
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      10-02-2021, 05:47 PM   #1632
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Residual / incentives change ?
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      10-02-2021, 06:50 PM   #1633
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Residual / incentives change ?
No change in residuals or incentives. Only MF changed.
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      10-03-2021, 01:14 AM   #1634
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No change in residuals or incentives. Only MF changed.
Wow… it’s more expensive now…. Sigh…
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      10-03-2021, 09:36 AM   #1635
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Fugggg, guess I'll be waiting till spring and hope for some incentives
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      10-03-2021, 06:29 PM   #1636
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I'm waiting for LCI. I am happy with my Mustang for the time being
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      10-04-2021, 07:51 AM   #1637
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Did anyone hear about allocations released late last week? Or are we thinking this week?
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      10-04-2021, 09:09 AM   #1638
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Originally Posted by OF Hero View Post
Did anyone hear about allocations released late last week? Or are we thinking this week?
I was told it would be this week.
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      10-04-2021, 09:15 AM   #1639
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Updated with October program - residuals are unchanged.
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      10-04-2021, 10:59 AM   #1640
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Quote:
Originally Posted by gohawks23 View Post
I believe I saw new MF at 96 compared to old 93.
Ouch. Not really surprised things are going the wrong way.
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      10-04-2021, 11:11 AM   #1641
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Interest rates are rising in general but that increase in MF is just 7 basis points and won't make much of a difference in payment. Maybe $2 per month at most.
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      10-04-2021, 11:24 AM   #1642
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Interest rates are rising in general but that increase in MF is just 7 basis points and won't make much of a difference in payment. Maybe $2 per month at most.
It’s not so much of the matter minuscule increase in cost, but a sign of things trending the wrong way.
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      10-04-2021, 11:31 AM   #1643
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Quote:
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Quote:
Originally Posted by Gfit View Post
Interest rates are rising in general but that increase in MF is just 7 basis points and won't make much of a difference in payment. Maybe $2 per month at most.
It’s not so much of the matter minuscule increase in cost, but a sign of things trending the wrong way.
Yup. I'm guessing every manufacturer will also be passing along significant MSRP increases in new model years as well.
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      10-04-2021, 12:02 PM   #1644
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Yup. I'm guessing every manufacturer will also be passing along significant MSRP increases in new model years as well.
Pretty likely IMO.
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      10-04-2021, 01:24 PM   #1645
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2022 BMW M3  [9.50]
I dont remember where I read this. But is it true that if you lease a BMW say for 36 months. And at say 18 months you want out. That you CAN NOT trade the car into anyone other than BMW?

What if I lease a M3 and 18 months later I want a Porsche 911 again. I cant take the M3 to Porsche for a trade in now?

If thats true. That sucks!
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      10-04-2021, 01:29 PM   #1646
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Originally Posted by BIGW0RM View Post
I dont remember where I read this. But is it true that if you lease a BMW say for 36 months. And at say 18 months you want out. That you CAN NOT trade the car into anyone other than BMW?

What if I lease a M3 and 18 months later I want a Porsche 911 again. I cant take the M3 to Porsche for a trade in now?

If thats true. That sucks!
You have sort of comingled your questions. You can always get out of your lease. There is a cost to do it though.

As of 10/1/21, BMW is no longer accepting 3rd party buy outs. What this means is that (as it sits right now), if you want out of your lease in 18 months, you can pay the car off and then sell it to Porsche. Previously, you could have had Porsche buy the car out with a dealer payoff. I'm not sure how things work in other states, but dealers don't pay tax in FL so a dealer payoff is considerably less than the lessee's payoff.

Alternatively, you can swap out of your lease (i.e., putting it on swap-a-lease). BMWFS makes it very easy to swap in and out of their cars. Unless things change, you could always swap out of it and then go to Porsche with no baggage.
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      10-04-2021, 01:31 PM   #1647
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Quote:
Originally Posted by KnightedBMW View Post
You have sort of comingled your questions. You can always get out of your lease. There is a cost to do it though.

As of 10/1/21, BMW is no longer accepting 3rd party buy outs. What this means is that (as it sits right now), if you want out of your lease in 18 months, you can pay the car off and sell it to Porsche. Previously, you could have had Porsche buy the car out with a dealer payoff.

Alternatively, you can swap out of your lease (i.e., putting it on swap-a-lease). BMWFS makes it very easy to swap in and out of their cars. Unless things change, you could always swap out of it and then go to Porsche with no baggage.


Sorry.

Thank you for explaining that. Sounds like I will not be leasing. I have a tendency of walking away from cars after a year. I would prefer NOT having to float the money just to get into a new car. So BMW lease is no longer an option for me.
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      10-04-2021, 01:31 PM   #1648
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Quote:
Originally Posted by BIGW0RM View Post
I dont remember where I read this. But is it true that if you lease a BMW say for 36 months. And at say 18 months you want out. That you CAN NOT trade the car into anyone other than BMW?

What if I lease a M3 and 18 months later I want a Porsche 911 again. I cant take the M3 to Porsche for a trade in now?

If thats true. That sucks!
I don't think it matters. Bring your car to a bmw dealer. They'll offer you a price to buy your lease out. In years past, this was never a good situation to be in..but who knows what today's market look like
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      10-04-2021, 01:34 PM   #1649
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Quote:
Originally Posted by james550imanual View Post
I don't think it matters. Bring your car to a bmw dealer. They'll offer you a price to buy your lease out. In years past, this was never a good situation to be in..but who knows what today's market look like
It can matter. Years ago I wanted out of my BMW lease and my local BMW dealership lowballed me on the buy back. Porsche took that M3 and they paid me around 4K more than the bmw dealer offered me. This was back in my F80 days though.
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      10-04-2021, 01:41 PM   #1650
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I'm considering doing a lease transfer on my M3C. Looking for feedback from those of you actively price shopping. What is a reasonable expectation for due at signing to achieve a mid-$700 pre-tax payment?

Leaving aside the cons of a big downpayment on a lease, I could easily see 5-10k out of pocket to achieve that monthly assuming you could even get an allocation.
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