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BMW 3-Series (E90 E92) Forum
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BMW Multiple Security Deposits (MSD) for leasing discontinued as of May 1, 2017
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04-17-2017, 10:13 PM | #67 |
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Promotions are usually "limited".
MSDs and Free Maintenance weren't going to last forever- BMW hit its sales target and is willing to take risks. Now they'll try to make more- by giving less. |
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04-17-2017, 10:14 PM | #68 | |
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MB - they keep raising the age minimum. It used to be 50 now I think it's at lest 55 or 60. |
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04-17-2017, 10:24 PM | #69 | |
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04-17-2017, 10:35 PM | #70 |
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One thing I appreciated from C63s is there were less of them on the road. Anyone and their mother can rent a F80 for ~$900 or even less for a stripper. With that much saturation of supply, it hurts the BMW buyers.
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04-17-2017, 10:41 PM | #71 | ||
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04-17-2017, 11:30 PM | #73 |
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Sorry to MSD's go. I've used them to lease my last 7 or 8 BMW's. Now I will be looking at other brands & offers. I'm a business man too, so I get maximizing profits - but not at the expense of alienating good long-term customers.
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04-17-2017, 11:39 PM | #74 | ||
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04-17-2017, 11:39 PM | #75 |
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Oh No. Now you have to buy a car because you actually like it or because it serves your needs.
BMW's residuals have been inflated for years. I was under miles on my F30, got LMF at buy rate, tax credits and I was still negative $8k at termination. You compare the residuals to what they got for off lease at the auctions you can see why they'd get more realistic with the residuals. I think it's great actually. Refocus on making better products and earn the client, not buy it with special lease rates or inflated residuals. |
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04-17-2017, 11:42 PM | #76 |
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I've been looking for excuses to buy a secondhand 991 C2S, but with my lease of just $670 per month (65% residual, ED, MSDs, loyalty) I could never bring myself to accept essentially twice the payment.
But if a new lease next year will get to the $1k mark, it may be a smaller and easier to swallow jump to that Porsche.
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04-18-2017, 12:38 AM | #78 |
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This is a bummer. It is true that BMW leases are cheaper than other brands. There have been times I've wanted to stray from BMW for Audi, MB, Porsche, Land Rover, etc, but I always came back to BMW because of the value. New BMW's are no longer the special cars that they once were. I am not willing to pay more for a BMW than a competitor. I'm not even willing to pay the same for a BMW as a competitor. Why? Because I've owned a lot of BMW's, the company is doing nothing to reward loyalty, and I'd like to try some other brands. I'll be sad to say goodbye to BMW when my current leases are up, but I'm looking forward to a new brand.
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04-18-2017, 12:42 AM | #79 |
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Both of my brothers are in BMWs. They both take advantage of the MSDs. They have been for the past 10 years. Looks like they will be looking at other options also. One of the main reasons they stay with BMW is because of the MSD.
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04-18-2017, 01:32 AM | #80 | ||
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And here is another reason to go to mb....
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04-18-2017, 01:34 AM | #81 | |
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Ps. Did I say crap? Pss. DEALERS ARE CLUELESS AND ZERO CUSTOMER SERVICE. If you ever to buy one in the philly area avoid Thompson at all cost, they banned me from servicing my cars because I demanded for the problems to be fixed correctly. When I called bmwna, they basically said "they can do whatever they want" I've owned multiple bmws f02, f06, f15, f85. And the service they gave me was worse then a used car dealer at a corner of the worst crack dealing street.
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04-18-2017, 01:46 AM | #82 |
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So here is an idea, and I'm just throwing it out there, who would want to start a petition to raise all of our concerns as customers and send it to BMWNA, in sure if we have a good amount of people they will at least hear us out (doubt anything will change) but it doesn't cost anything to try
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04-18-2017, 01:55 AM | #83 | |
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Not to mention the maintenance plan, which everyone here is jumping on the negativity band wagon about here, has zero effect on the majority of leases. Most people don't need brake replacement during their lease term. The fact that replacement isn't covered isn't even an honorable mention in my book. Why pay for what you don't need? The fact is people complained about brake dust, so BMW changed the pad composition and they last longer, with less dust. For those that do want to have the wearables added in, it's around $1k to extend to 4/50 as it used to be. Still the cheapest upgrade on the market, while costing less than having the brakes done and an extra year of maintenance plan. It also still the best value in a complimentary maintenance plan. Do you research before complaining people. Those complaining about their leases going up 30% every month aren't very good at basic math. Think you get a better value at the Porsche store? Go run a lease on a 911 equipped the way you want one, and report. You may want to be seated when you do this, especially when you add some decent equipment. Don't forget to check your residuals there guys and gals. |
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04-18-2017, 02:05 AM | #84 | |
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Your posts are like teenagers threatening to commit suicide. It's just a cry out for attention because you're feeling insecure or neglected. Maybe it's because your girl or boyfriend dumped you, or your parents took away your video games or car keys. If you were serious, you would move on and satisfy your need to replace your current vehicle with another brand you feel valued your business in the moment. You wouldn't be on a random forum complaining about everything under the sun and allowing this to consume your evening. Just my .02 |
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04-18-2017, 04:02 AM | #85 |
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Bought mine for the long haul with extended warranty. I do agree that maybe BMWs pushing people to buy it more so than leasing them... because of an pre-owned inventory glut.
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04-18-2017, 05:39 AM | #86 |
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Good glad it's gone maybe it'll keep people away and values will go back out because they aren't handing out cars to everyone and their mothers
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04-18-2017, 06:49 AM | #87 | |
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04-18-2017, 08:31 AM | #88 | |
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I've always leased my cars because I pile on miles (15-17k a year) and don't want to own and realize the real depreciation of a car like this. Add in not having to worry about devaluation due to getting into a fender bender along the way, and my desire to drive something shiny and new often, wanting to keep my money making money, and buying just isn't on the table for me. The MSDs along with some other key discounts (Fleet, UDE) and some decent negotiating were key for me. I got to drive some nice cars, and not having to feel guilty about it. I'm not saying I won't lease a BMW again (in reality the MSD for me was only worth about $50/mo) but for sure I will look around to see what else is out there more so than I did with my M3. |
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