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I don't see mid 30's by summer, maybe high 30's unless it's a 40-70k mile car or something. Most the 2016's with reasonable miles are around low 40's right now which is about a 15-17k hit and the depreciation rate will slow down a bit from here on out. Low miles 2017's are still mid 40's.
I don't think very many people leased M2's, so there won't be that many on lease turn in's.
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