Quote:
Originally Posted by fastboatster
Doubt that folks with P cars will be affected this much, though some people will have to sell their cars no doubt. 30+ unemployment sounds like a catastrophe nobody has quite seen in this country
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IMO most folks with P cars have them paid off or are savvy with financing, vs. BMW basically lives off its great lease deals, which allows people to step into BMWs more easily. I think the average P car owner is going to sit tight but no need to start dumping cars. It's the guy living beyond his means with a lease that will probably need to start getting out of their lease to stop the bleeding.
In that same vein, I think you'll see Porsche dealerships start to give better discounts but they aren't going to upend their model and start giving leases away the way BMW does.