Quote:
Originally Posted by ChuMpion3
BMW was doing this to keep their lots from getting flooded during peak COVID. Fear was that a bunch of people would come to the end of their lease and say here you go without moving into anything else. You have to remember, in April, when this started in earnest it was complete panic. BMW was terrified of metal flooding their lots and car sales grinding to a stop. Now they are just dealing with reduced supply as the factories catch up.
|
That is simply not true. The discount has nothing to do with Covid. The discounts are all predetermined by BMW for whatever MY and model. There was a chart posted showing that. These discounts were decided back in 2017 for the MY2018.
Bmw pulling the discounts might have something to do with inflated used car values due to Covid.