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Old 08-01-2008, 01:26 PM   #5 (permalink)
zete
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Join Date: Dec 2005
Location: NCR, Great White North
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Re: BMW Drops Most in Seven Years After Scrapping Profit Forecast

Quote:
Originally Posted by Chet View Post
No more low lease rates = the 3 series will no longer be more popular than Accords here in the GTA.
If you have to keep it long term -- i.e., out of warranty -- BMW is hosed. I don't know anyone willing to own a BMW out of warranty. Everyone I know who has one leases. This could all get very ugly very fast.

I wonder what will really happen now? Didn't BMW and Porsche have serious financial problems a while ago during the last economic downturn? Will this bring back those bad old days?
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