Order now or order in Q1 07??
#1
Order now or order in Q1 07??
I want to order the new 07 G35X as my next car, but my current lease only expires at the end of March - ie I still have six payments left ...and I am in no real rush..certainly not enough to eat the cost of those remaining payments ($2000) just for the thrill of getting the G35 early. So I plan to just drop off the old car in March 2007 (no desire to buy it back and attempt to sell privately), and then and step into the new one at that time.
AS WELL, the new car should be cheaper then....if people are getting up to 3% off now, I would think that would remain fairly constant at least until after the launch, possibly dropping to an average of 5% off by year end, say and drop to an average of 6% off by end of Q1. Is that reasonable?? That would save me $1500 ( based on Canadian MSRP pricing on a loaded G35X)..
So "even if" I could get out of my current lease early (ie have someone else buy out the car next month at the going buyout value and thus eliminate my payments), perhaps I should not do that, unlesss I can squeeze an extra $1500 extra from the buyer.
I am assuming I could still order the car I want in say Feb for March/early Apr delivery.
Is my logic correct?
AS WELL, the new car should be cheaper then....if people are getting up to 3% off now, I would think that would remain fairly constant at least until after the launch, possibly dropping to an average of 5% off by year end, say and drop to an average of 6% off by end of Q1. Is that reasonable?? That would save me $1500 ( based on Canadian MSRP pricing on a loaded G35X)..
So "even if" I could get out of my current lease early (ie have someone else buy out the car next month at the going buyout value and thus eliminate my payments), perhaps I should not do that, unlesss I can squeeze an extra $1500 extra from the buyer.
I am assuming I could still order the car I want in say Feb for March/early Apr delivery.
Is my logic correct?
#4
I think I'm getting a dose of reality--but I'm positive....
The Infiniti dealer suggested I lease an '06 6MT for a very short term and then move into an '07. haha I've never heard of anything so wasteful! So I understand, the salesperson has nothing he can sell today if I'm interested in a '07.
My experience with BMW salespeople has been altogether different. They seem to be happy to entertain discussion about products they don't have, and stay in touch. Must have to do with compensation. Nobody wants to waste lots of time only to make no sale, of course.
Anyway, I've always looked at leases this way--if I, the lessor, get the lessee to enter into an agreement which is 100% in my favor, i.e. lessee is required to pay taxes, registration, and maintenance, while I maintain title, there's no way I would let them out early, without making full payment on the original agreement. So if I were the lessee, I'd take my lumps, I wouldn't dream of letting someone do that to me again, i.e. early termination into yet another lease. What a vicious cycle!
The Infiniti dealer suggested I lease an '06 6MT for a very short term and then move into an '07. haha I've never heard of anything so wasteful! So I understand, the salesperson has nothing he can sell today if I'm interested in a '07.
My experience with BMW salespeople has been altogether different. They seem to be happy to entertain discussion about products they don't have, and stay in touch. Must have to do with compensation. Nobody wants to waste lots of time only to make no sale, of course.
Anyway, I've always looked at leases this way--if I, the lessor, get the lessee to enter into an agreement which is 100% in my favor, i.e. lessee is required to pay taxes, registration, and maintenance, while I maintain title, there's no way I would let them out early, without making full payment on the original agreement. So if I were the lessee, I'd take my lumps, I wouldn't dream of letting someone do that to me again, i.e. early termination into yet another lease. What a vicious cycle!
![Cool](https://g35driver.com/forums/images/smilies/cool.gif)
Thread
Thread Starter
Forum
Replies
Last Post