Quote:
Originally Posted by PvsNP
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.
|
people have different experience and I think the whole scenario is about how BMW play the game to have better benefit! My experience is totally different and I kinda agree with LSM. I got my first 2012 650i coupe in September 2011 and it was one of the first new generation arrived in US since the production for US started in September 2011. The residual was 60% however I got a crazy 0.00185 MF!!! then in April 2013 I got the second 650i that was almost the year end of 2013 because the 2014 model were on the way. the residual was 56% with nice 0.00100 MF. In September 2013 I got my M6. the residual was 53% and MF was 0.00090. bottom the line I do agree the residual must be highest at the beginning and lowest at the end. I also agree they increased the residual of E9x at the end of generation life to fill the gap since there is about one year gap between the time they stopped production of E9x and starting the production of F8x. a friend of mine got 2013 E92 with 60% residual for 12k/year