|
Yeah, the leases aren't as good as they used to be, but it shouldn't be too shocking. The average cost of a new car has skyrocketed across all manufacturers thus lease prices inevitably have to increase as well.
Last I checked, the average new car price was something around $38,xxx. The average new BMW price was something around $56,xxx. Average cost is at an all time high and will most likely continue to increase for some time.
Used car market is going to continue to explode as it already has been. The average car age on the road is like 12 years old which only continues to get older. Quality and reliability has improved throughout all manufacturers so more cars are lasting longer and more people are driving these cars longer. Factor that with the new car average price hitting all time highs (many people/families cannot afford these cars, but that's another topic) so people look to CPO and pre-owned and you have an exploding used car market and a stagnate or decline in new car sale volume.
__________________
G30 l Alpine White l M Sport Package l Executive Tier l Icon Adaptive Full LED Headlights l Mocha Nappa Leather l Multi-Contour Seats l Drivers Assistance Package l Drivers Assistance Plus Package l Dynamic Handling Package l Parking Assistance Package l Bowers & Wilkins Diamond Surround Sound System l M Sport Brakes l Apple Carplay
Last edited by CLABRO; 09-09-2019 at 11:20 AM..
|