Change in lease rates between order and delivery (Canada)

deepdeepblue · 11-05-2015, 12:41 PM

In early August, I ordered an M235 through my Canadian dealer. When I signed the offer to lease, the interest rate for a 48-month, 20,000 km lease was 3.9%, with a residual of 46%.

When I look at the BMW.ca website now, it appears that the interest rate for a 48-month, 20,000 km lease is now 2.9%, though it's not clear what the residual is.

When I pick up the car in late December (just before my current 3-series lease expires), what rates will be applicable to my new lease? The rates that were on my offer to lease in August, or the rates that are advertised in December?

ai388 · 11-08-2015, 05:10 PM

rates and residuals change monthly as per by BMW Canada. your final numbers should be based on the that particular month's rates and residuals.

11-05-2015, 12:41 PM	#1
deepdeepblue New Member 3 Rep 5 Posts Drives: 2011 328 xDrive Join Date: Apr 2015 Location: Toronto, Ontario iTrader: (0)	Change in lease rates between order and delivery (Canada) In early August, I ordered an M235 through my Canadian dealer. When I signed the offer to lease, the interest rate for a 48-month, 20,000 km lease was 3.9%, with a residual of 46%. When I look at the BMW.ca website now, it appears that the interest rate for a 48-month, 20,000 km lease is now 2.9%, though it's not clear what the residual is. When I pick up the car in late December (just before my current 3-series lease expires), what rates will be applicable to my new lease? The rates that were on my offer to lease in August, or the rates that are advertised in December?
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11-08-2015, 05:10 PM	#2
ai388 First Lieutenant 69 Rep 363 Posts Drives: i4 M50 Join Date: Jan 2006 Location: Vancouver iTrader: (0)	rates and residuals change monthly as per by BMW Canada. your final numbers should be based on the that particular month's rates and residuals.
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