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      04-10-2017, 10:00 AM   #1
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BMW Multiple Security Deposits (MSD) for leasing discontinued as of May 1, 2017

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Multiple security deposits discontinued! Multiple Security deposits end May 1st 2017.


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      04-10-2017, 10:11 AM   #2
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Decreasing residuals and now this... its getting less attractive to lease.
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      04-10-2017, 10:36 AM   #3
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another bmw advantage lost.
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      04-10-2017, 04:23 PM   #4
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Wow this is crazy. So many things that make BMW an attractive car to own is going away. I can't believe they are getting rid of this.
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      04-10-2017, 05:18 PM   #5
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Quote:
Originally Posted by mdai245 View Post
Decreasing residuals and now this... its getting less attractive to lease.
any details on residual decreasing?
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      04-10-2017, 05:29 PM   #6
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Quote:
Originally Posted by hollandog View Post
any details on residual decreasing?
Refer to this thread for a comparison of 2017 to 2018 residuals. The 2018 are 4% lower right now

http://f30.bimmerpost.com/forums/sho...842749&page=74
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      04-11-2017, 11:58 AM   #7
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Originally Posted by mdai245 View Post
Refer to this thread for a comparison of 2017 to 2018 residuals. The 2018 are 4% lower right now

http://f30.bimmerpost.com/forums/sho...842749&page=74
I see. It should not be permanent. They usually low ball the new MY to get rid of the left over inventory. By later in the year the residual should go back up hopefully 62%. Looks like the MF is keep raising. I believe my lease was 0.00131 standard rate. It's now 0.00146.
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      04-17-2017, 04:07 PM   #8
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Residuals for the entire industry is decreasing due to the glut of (lightly) used cars. MF are going up as fed interest rates go up. It's amazing that people forget economic factors outside of just BMW.
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      04-17-2017, 04:09 PM   #9
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This really sucks. Almost everyone I know has used this, including myself. The bean counters have really been in the mood lately. First the reduced maintenance, increased interest rates (internal and external factors) now getting rid of MSDs...what's next?
I'm a big BMW fan but this isn't good news at all and will certainly be looking at other options when the time comes.
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      04-17-2017, 04:11 PM   #10
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The BMW advantages are eroding more and more. Welcome to the mainstream mass market....
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      04-17-2017, 04:11 PM   #11
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Quote:
Originally Posted by Mantii View Post
This really sucks. Almost everyone I know has used this, including myself. The bean counters have really been in the mood lately. First the reduce maintenance, increase interest rates, now getting rid of MSDs...what's next?
I'm a big BMW fan but this isn't good news at all and will certainly be looking at other options when the time comes.
Quote:
Originally Posted by Mantii View Post
This really sucks. Almost everyone I know has used this, including myself. The bean counters have really been in the mood lately. First the reduce maintenance, increase interest rates, now getting rid of MSDs...what's next?
I'm a big BMW fan but this isn't good news at all and will certainly be looking at other options when the time comes.
I wonder if bmw will regret this once they have to payback millions to all of use msd customers and on top of that lose many more potential customers used to leasing with msd!! Bmw leases are no more competitive. Buying that Porsche instead finally has become reality for someone like me.
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      04-17-2017, 04:14 PM   #12
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Quote:
Originally Posted by Jz View Post
Residuals for the entire industry is decreasing due to the glut of (lightly) used cars. MF are going up as fed interest rates go up. It's amazing that people forget economic factors outside of just BMW.
I do not think other manufacturers are decreasing at the same rate as BMW, thus the gap appears to be closing.
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      04-17-2017, 04:15 PM   #13
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Quote:
Originally Posted by ah3nyc View Post
I wonder if bmw will regret this once they have to payback millions to all of use msd customers and on top of that lose many more potential customers used to leasing with msd!! Bmw leases are no more competitive. Buying that Porsche instead finally has become reality for someone like me.
Yup, was thinking Porsche as well. Why the heck not at this point, right?
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      04-17-2017, 04:16 PM   #14
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Although I'm a bimmer fan, This would be an amazing opportunity for Mercedes to acquire customers if they play their cards right
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      04-17-2017, 04:18 PM   #15
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BMW is losing its edge over the other Germans by their own doing. ED discount is less. Maintenance is worse (no brakes). No MSDs. Shitty residuals. Wife and I are gonna take a hard look at some of the other brands when the time comes. This wouldn't have crossed our minds a year or 2 ago. We've had a long run of BMWs that might be ending.
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      04-17-2017, 04:20 PM   #16
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Originally Posted by Djvolume View Post
Although I'm a bummer fan, This would be an amazing opportunity for Mercedes to acquire customers if they play their cards right
It's funny that you mentioned Merc. Wife and I sat in a few this weekend at the NY auto show. Both of us kinda liked a few models. C63s AMG was pretty sweet.
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      04-17-2017, 04:21 PM   #17
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Originally Posted by stealth-twntrbo View Post
Multiple security deposits discontinued! Multiple Security deposits end May 1st 2017.


Attachment 1608318
Rip msd...
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      04-17-2017, 04:21 PM   #18
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Quote:
Originally Posted by Mantii View Post
This really sucks. Almost everyone I know has used this, including myself. The bean counters have really been in the mood lately. First the reduced maintenance, increased interest rates (internal and external factors) now getting rid of MSDs...what's next?
I'm a big BMW fan but this isn't good news at all and will certainly be looking at other options when the time comes.
it affects ALL car brands not just BMW.
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      04-17-2017, 04:26 PM   #19
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Quote:
Originally Posted by Jz View Post
Residuals for the entire industry is decreasing due to the glut of (lightly) used cars. MF are going up as fed interest rates go up. It's amazing that people forget economic factors outside of just BMW.
Well said
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      04-17-2017, 04:27 PM   #20
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This blows
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      04-17-2017, 04:38 PM   #21
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Looks like BMW wants to stop people from leasing their cars, and more people buying them.

Residuals have been very poor lately.
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      04-17-2017, 04:39 PM   #22
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Wow, this sucks.

WTH is going on at bmw? Don't care about the maintenance aspect. But the lower residuals, poor ED discount and no MSDs makes this tough. My heart will always be with bmw but my financial side will win out and may force me to look elsewhere
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