[LuvMyE92]

I gave up the lease on my 540i because even at today's inflated used car prices, the residual/buyout was still above market rates. If I didn't have my M4, then I probably would have bought the car, but I didn't need to.

I suspect that eventually things will return to normal. The manufacturers want to sell as many cars as they possibly can. They need to maximize return on the huge investments that they've made in manufacturing plants, staffing and R&D. You can't do that simply by reducing incentives, you do it by making more product.

The dealerships are probably doing nearly as well as before, as they are able to maximize profits selling half as many cars, but not the manufacturers.