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LSM,
You are very wrong on the whole residuals argument. Residuals of the cars are always higher as the production cycles end. M5's residual when it was first released was 51%. It went up to 58% last year and until last month and now this month its 61%. This is because people are tempted to wait for the new MY and BMW cannot sell cars, so they make these residuals high and get people into attractive leases. In contrast, when new MY comes out, they lower the residuals because people who want the latest and greatest always pay the price. This has been the case in every M car release including the old M3. In 2008, the residuals were hovering around 53%, by 2011, they were up to 61%. As E90 M3 was ending the production cycle, they went up to 64%.
Look at the M5's residual now, there is no way it's going to stay at 61% for more than a month, it will go down to 50s in summer when new MY comes out.
If what you are saying were true, everyone would wait for the new MY.
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