Quote:
Originally Posted by SARAFIL
The market is still crazy and inventory levels are really low. A “good” deal today is MSRP, you’re lucky to get anything off from that, and plenty of dealers are at least trying to get a few $k over on a lot of different brands. Lease incentives (cash, elevated residuals, etc) are also non-existent. Tough time to buy a new car.
I’m getting monthly mailers from my BMW dealer trying to get me out of the current X5 and into another one. It’s laughable how bad the deals are right now, the only saving grace that makes the deal not absolutely atrocious is the equity in my current car (currently +$15k… have never experienced this in a BMW lease) if I rolled that it. At this point though still leaning towards just buying out this lease and keeping it another year or two until things settle a bit.
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Same experience here. Last I checked, our X7 with 12k miles appears to be worth about 15K more than I PAID for it 14 months ago.