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Leasing a CPO : Possible?
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04-13-2010, 02:22 PM | #1 |
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Leasing a CPO : Possible?
Has anyone had any experience with leasing a CPO vehicle? Is that even possible?
I am considering a lease option instead of buying a CPO with the F30 coming out in less than 2 years. I greatly appreciate any comments or insights. Thanks! |
04-19-2010, 03:39 PM | #2 |
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Any advice or suggestions please?
Otherwise, any pointers on a MY2010 lease? How to get the best deals, like picking up a demo car, etc. Thanks a bunch |
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04-19-2010, 05:04 PM | #3 |
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cpo cars do not lease well. you cannot lease a used car. your best bet would be to assume somebody elses lease if what you are looking for is a short term lease.
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04-19-2010, 05:14 PM | #5 |
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yes you can lease..
Pre-Owned Certified Series® Special Lease and Finance Rates. Whether you're buying or leasing, BMW Financial Services provides a wide range of special lease and finance rates for your Pre-Owned BMW. thats what it says on the BMW site.. |
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04-19-2010, 05:35 PM | #6 |
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Thanks for the responses.
Perhaps not in America? Did you see this on BMWUSA? |
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04-20-2010, 09:55 AM | #8 |
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You can definetly lease a CPO in America. You can't do more than 36 months and for 3 series and 5 series it really doesn't work well. About the same price as a new lease. But 7 series work well. My C.A. told me this last week.
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04-20-2010, 10:29 PM | #9 |
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Thanks. That is great to know. I would drive a new car in that case, and still have it under $0 maintenance. Any idea if you can lease for more than 10k miles/year?
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04-20-2010, 10:35 PM | #10 | |
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You can absolutely lease with more than 10k miles per year. The standards are 10k, 12k, and 15k, but you could even go a little higher. I leased my E90 with 15k. Monthly payment increases (albeit, slowly) with the more miles you need.
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04-20-2010, 11:32 PM | #11 | |
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Thanks! All information is much appreciated. |
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04-21-2010, 03:01 PM | #12 |
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The money factor is usually so high on a preowned car vs a new car that it would not be cost effective...
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04-21-2010, 09:21 PM | #13 | |
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Thanks everyone. |
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