Post COVID

GFK007 · 04-25-2020, 10:40 PM

Firstly, apologies if this subject has already been discussed elsewhere in the forum.

Just wanted to ask / get a feel for what people are thinking as far as where lease pricing will shake out this summer.

Thanks.

GFK007 · 04-26-2020, 12:10 PM

Quote:

Originally Posted by GFK007

Firstly, apologies if this subject has already been discussed elsewhere in the forum.

Just wanted to ask / get a feel for what people are thinking as far as where lease pricing will shake out this summer.

Thanks.

Anyone??

clivem2 · 04-26-2020, 12:16 PM

Depends on interest rates and residuals. Factor in how you believe these will change. I suspect interest rates will be low but so will residuals.

TXSchnee · 04-26-2020, 01:06 PM

What I have been hearing is that used vehicle values are going to plummet. That will more than likely cause lease payments to be larger since residual value will be hurt. Interest rates look good now, I am sure that will be true through the end of the year.

teaston · 04-26-2020, 01:44 PM

If you can find any decent deals still about snatch them up now imo!

We've been watching the Tiguan R Line Tech 1.5 deals for about 6 months as my wife's Qashqai goes back in July, 3 + 47 15k mile deals were always around £370pm, loads and loads at that price before corona, but at the start of this month most had vanish with the few remaining ones around £400pm, but fortunately we've managed to secure one at £373pm!

GFK007 · 04-26-2020, 06:24 PM

I'm inclined to think that dealers will be motivated to increase volume to account for March / April / May losses, and deals should subsequently be pretty aggressive...

Could be artificially optimistic though.

dkreidel · 04-26-2020, 06:48 PM

Best to consider how (lack of) inventory may affect lease rates. Some dealers are continuing to move a lot of metal, but no backfill with most of the plants producing for the US dark.

Rain · 04-27-2020, 09:47 AM

I'm also wondering since I put an order already, but the SA plant is closed till 18th of May, what to do. I have an option to cancel it, but not sure how to proceed in current situation. Should I stay with the order or just cancel and eventually hope for even better deal in few months?! Deal as of end of February was a top notch.

04-25-2020, 10:40 PM	#1
GFK007 Captain 376 Rep 785 Posts Drives: 2014 m235i Join Date: Jan 2011 Location: Westchester, NY iTrader: (0)	Post COVID - lease deals Firstly, apologies if this subject has already been discussed elsewhere in the forum. Just wanted to ask / get a feel for what people are thinking as far as where lease pricing will shake out this summer. Thanks. __________________ MG on CR M235i, mods to come... (gone but not forgotten) 2011 e90 M Sport - M-Tech Carbon Diffuser, OEM Carbon Trunk Spoiler, 20% tint, black reflectors, black OEM grille, LUX white Angel Eyes.
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04-26-2020, 12:16 PM	#3
clivem2 Colonel 541 Rep 2,073 Posts Drives: X3 M40i Join Date: Aug 2008 Location: UK iTrader: (0)	Depends on interest rates and residuals. Factor in how you believe these will change. I suspect interest rates will be low but so will residuals. __________________ Current: G01 M40i Silver / Tartufo Previous: E30 318iS, E39 520i 523i 523i, E46 vert 330i 330i, E93 vert 335i, F25 30D 35D
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04-26-2020, 01:06 PM	#4
TXSchnee Major 1317 Rep 1,384 Posts Drives: 2024 XM Join Date: Nov 2018 Location: Texas iTrader: (0)	What I have been hearing is that used vehicle values are going to plummet. That will more than likely cause lease payments to be larger since residual value will be hurt. Interest rates look good now, I am sure that will be true through the end of the year. __________________ 2024 BMW XM 2023 Porsche Taycan Cross Turismo 4S 2023 BMW iX M60 (sold) 2020 Porsche Cayenne E Hybrid (sold) 2018 X3 M40i (sold)
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04-26-2020, 01:44 PM	#5
teaston Banned 10995 Rep 32,881 Posts Drives: X3 M40d Join Date: May 2012 Location: The High Seas iTrader: (1)	If you can find any decent deals still about snatch them up now imo! We've been watching the Tiguan R Line Tech 1.5 deals for about 6 months as my wife's Qashqai goes back in July, 3 + 47 15k mile deals were always around £370pm, loads and loads at that price before corona, but at the start of this month most had vanish with the few remaining ones around £400pm, but fortunately we've managed to secure one at £373pm!
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04-26-2020, 06:24 PM	#6
GFK007 Captain 376 Rep 785 Posts Drives: 2014 m235i Join Date: Jan 2011 Location: Westchester, NY iTrader: (0)	I'm inclined to think that dealers will be motivated to increase volume to account for March / April / May losses, and deals should subsequently be pretty aggressive... Could be artificially optimistic though. __________________ MG on CR M235i, mods to come... (gone but not forgotten) 2011 e90 M Sport - M-Tech Carbon Diffuser, OEM Carbon Trunk Spoiler, 20% tint, black reflectors, black OEM grille, LUX white Angel Eyes.
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04-26-2020, 06:48 PM	#7
dkreidel Lieutenant 244 Rep 596 Posts Drives: a lot of BMW's Join Date: Oct 2009 Location: NW Montana iTrader: (0)	Best to consider how (lack of) inventory may affect lease rates. Some dealers are continuing to move a lot of metal, but no backfill with most of the plants producing for the US dark. __________________ 2020 X3 M40 Alpine White over Cognac • 20" BBS CC-R • Cerium delete 2017 440xi Estoril over Saddle Brown • 6-speed • Every stinkin' option
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04-27-2020, 09:47 AM	#8
Rain Private First Class 39 Rep 118 Posts Drives: BMW X3 G01 LCI 30e Join Date: Nov 2015 Location: Bulgaria iTrader: (0)	I'm also wondering since I put an order already, but the SA plant is closed till 18th of May, what to do. I have an option to cancel it, but not sure how to proceed in current situation. Should I stay with the order or just cancel and eventually hope for even better deal in few months?! Deal as of end of February was a top notch. __________________ X3 G01 LCI 30e 22'
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