Quote:
Originally Posted by dmboone25
Given that you can typically lease BMWs at a lower overall cost than say an Audi or Merc, I am not sure that I would ever consider a CPO Bimmer. Porsche, for sure - so you can avoid the initial deprecation hit. Not sure I am too bothered by this one way or another.
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Leases on BMW a great because the CPO program keeps resale after 3yr high, so your residual on your lease is good. Now if the value proposition for the 3yr used car is not as good, lease residuals will decrease, and that's bad news for lease cost. That's also bad news for buyers that typically get the CPO end-of-lease cars since they will now have to pony up themselves for the very common water pump and leaks that pretty much always develop around Y6 mark.