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      01-27-2014, 08:03 PM   #1
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2014 650i or order 2015 650i?

Following the 650i for quite a few months. Im finally ready to pull the trigger and do something.
not sure if you guys have some insight.

So, basically the newest is that you can now get a 650 with the M sport EDITION, and basically it includes premium, executive, lighting, driver assist package, etc. Basically everything I want, so the MSRP is just basically 1 option that is $4800 and thats it. Not bad.

I sorta forgot but I think December had some really good deals, but anyway I actually had some numbers run (obviously on Jan pricing). The deal isn't too bad because the edition option saves you money, but the incentives in this month kinda suck.
I should note I am looking to lease!

So, I said for sure I am waiting until Feb. because its only about a week away so it wouldn't hurt to see if the leasing deals get better.

Now it looks like we are close to 2015 release in a few months. So the question is what to do. Anyone have experience on what BMW does here usually? Theoretically you should be looking to get rid of old stock 2014, but sometimes they move the residual down because they are at year end so leasing ends up sucking and buying is better. They could also have no deals on 2015 being new...

any advice and info would be great. It does look like the 2015 will only have minor changes with 1 being the idrive touch deal...

thanks
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      01-27-2014, 09:20 PM   #2
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other changes is M Sport Exhaust, will be able to get car in May if you order now.
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      01-27-2014, 11:14 PM   #3
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2015 MY will be worth more on resale as its a model year newer. THe residuals will be much much higher as well...
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      01-27-2014, 11:15 PM   #4
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Quote:
Originally Posted by zoltans4 View Post
Following the 650i for quite a few months. Im finally ready to pull the trigger and do something.
not sure if you guys have some insight.

So, basically the newest is that you can now get a 650 with the M sport EDITION, and basically it includes premium, executive, lighting, driver assist package, etc. Basically everything I want, so the MSRP is just basically 1 option that is $4800 and thats it. Not bad.

I sorta forgot but I think December had some really good deals, but anyway I actually had some numbers run (obviously on Jan pricing). The deal isn't too bad because the edition option saves you money, but the incentives in this month kinda suck.
I should note I am looking to lease!

So, I said for sure I am waiting until Feb. because its only about a week away so it wouldn't hurt to see if the leasing deals get better.

Now it looks like we are close to 2015 release in a few months. So the question is what to do. Anyone have experience on what BMW does here usually? Theoretically you should be looking to get rid of old stock 2014, but sometimes they move the residual down because they are at year end so leasing ends up sucking and buying is better. They could also have no deals on 2015 being new...

any advice and info would be great. It does look like the 2015 will only have minor changes with 1 being the idrive touch deal...

thanks

I would for sure get the optional 20's that you can get with M Sport Edition package....19's way too small on that car
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      01-28-2014, 01:15 AM   #5
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Quote:
Originally Posted by LSM View Post
I would for sure get the optional 20's that you can get with M Sport Edition package....19's way too small on that car
big +1 . Get the 20" 373m wheels. I would not have ordered my 650 Sport Edition without them.
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      01-28-2014, 01:17 AM   #6
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Originally Posted by bizzyqu View Post
other changes is M Sport Exhaust, will be able to get car in May if you order now.
All 2014 M sport editions will have the exhaust. Not a big change, they are just adding it to all 6ers for 2015
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      01-28-2014, 10:43 AM   #7
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BMW residuals typically are the lowest when the car is first introduced and highest in the spring (for a car released in September that is). Therefore, it stands to reason, you will get a much better lease deal in Feb/Mar on the 2014 than you would in April/May on a 2015. Normally, BMW residuals start to increase about 4-6 months after the new model comes out. This is just based on what I've noticed in the past. I believe the current residual of the 650xi is 56% for a 3 year 10K lease.

Obviously, if you are buying, the 2015 would be a much better purchase because it will instantly have a year on the 2014.
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      01-28-2014, 12:29 PM   #8
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Quote:
Originally Posted by doug_999 View Post
BMW residuals typically are the lowest when the car is first introduced and highest in the spring (for a car released in September that is). Therefore, it stands to reason, you will get a much better lease deal in Feb/Mar on the 2014 than you would in April/May on a 2015. Normally, BMW residuals start to increase about 4-6 months after the new model comes out. This is just based on what I've noticed in the past. I believe the current residual of the 650xi is 56% for a 3 year 10K lease.

Obviously, if you are buying, the 2015 would be a much better purchase because it will instantly have a year on the 2014.
My best friends owns a dealership not true at all. Residuals are highest when the new model first released. When I got one of the first Gran Coupes residual was 64 only to go down every month thereafter. New LCI M5 residual when released was high 50's and its going down now. The 2015 will have way higher residuals then 2014....Current residual on 650 3 year lease is like 50 bro..What they dfo to get rid of previous year inventory is not raise residuals but offer manufacturer cash and lower rates
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      01-28-2014, 01:14 PM   #9
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Quote:
Originally Posted by LSM View Post
My best friends owns a dealership not true at all. Residuals are highest when the new model first released. When I got one of the first Gran Coupes residual was 64 only to go down every month thereafter. New LCI M5 residual when released was high 50's and its going down now. The 2015 will have way higher residuals then 2014....Current residual on 650 3 year lease is like 50 bro..What they dfo to get rid of previous year inventory is not raise residuals but offer manufacturer cash and lower rates
My experience is the exact opposite.
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      01-28-2014, 03:18 PM   #10
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Residuals are usually higher when car is released, that is a good thing, the higher the residual the better.

That being said the holiday deals usually make up for the lower residual and you usually end up with a better deal at the end of the year.
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      01-28-2014, 03:19 PM   #11
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thanks so far for the input, especially on the 20's.
I guess I can just wait a few days and just see what Feb specials are. If they are same as Jan then I will just order I guess because its pretty crappy.
If the deals get better I can see if a 2014 to my spec is out there and not order.

Interesting on the residual debate, as I would have thought the residual to be highest when released, but less dealing and less factory rebate, and near the end is lower residual with higher factory rebate. This is where I found often that you buy at model year end and lease at beginning... guess we will see
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      01-28-2014, 03:27 PM   #12
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Of note..

I looked at November residuals and January residuals. For many cars, the residuals are slightly higher in January than November (1 to 2%). Some are the same and the X5 is a percent lower.

It does appear (and make sense) that BMW adjusts their residuals based on many factors (demand for the car, age of the car, etc.). For instance the X6M had a residual of 50% when I leased my X6 50i in 2011 and now has a 57% residual (which is very interesting since currently a 2012 X6M black book is around $55K). So there is some mystery to all of this.

My experience with both my 2006 550 and my X6 were that the residuals were lower upon intro and higher when I leased.

So I think that LSM and I are both wrong as there does not seem to be a general rule here - just some analytics person at BMW messing with us.
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      01-28-2014, 03:34 PM   #13
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Quote:
Originally Posted by doug_999 View Post
I looked at November residuals and January residuals. For many cars, the residuals are slightly higher in January than November (1 to 2%). Some are the same and the X5 is a percent lower.

It does appear (and make sense) that BMW adjusts their residuals based on many factors (demand for the car, age of the car, etc.). For instance the X6M had a residual of 50% when I leased my X6 50i in 2011 and now has a 57% residual (which is very interesting since currently a 2012 X6M black book is around $55K). So there is some mystery to all of this.

My experience with both my 2006 550 and my X6 were that the residuals were lower upon intro and higher when I leased.

So I think that LSM and I are both wrong as there does not seem to be a general rule here - just some analytics person at BMW messing with us.

You are right about that, BMW Financial will change the numbers to whatever they feel like will work best for them at that moment in time.

I remember when I leased the residual in October was 61 but it came down to 56 in November and it was 58 in September.

Typically a cars residual should be highest when released, but because BMW is leasing their own cars they can do whatever they want.
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      01-30-2014, 12:56 PM   #14
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Quote:
Originally Posted by djsaad1 View Post
You are right about that, BMW Financial will change the numbers to whatever they feel like will work best for them at that moment in time.

I remember when I leased the residual in October was 61 but it came down to 56 in November and it was 58 in September.

Typically a cars residual should be highest when released, but because BMW is leasing their own cars they can do whatever they want.
I still maintain they are higher when released. They may play with the numbers mid stream, but when first released the 2015 6 will probably be upper 50's residual with the remaining 2014's being low 50's
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      01-30-2014, 03:30 PM   #15
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Quote:
Originally Posted by LSM View Post
I still maintain they are higher when released. They may play with the numbers mid stream, but when first released the 2015 6 will probably be upper 50's residual with the remaining 2014's being low 50's
this is my usual experience. I would imagine the 2014 will be low 50's with several thousand bonus cash. 2015 will be higher 50's with maybe just drive or just loyalty credit
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      01-30-2014, 09:44 PM   #16
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Quote:
Originally Posted by LSM View Post
I still maintain they are higher when released. They may play with the numbers mid stream, but when first released the 2015 6 will probably be upper 50's residual with the remaining 2014's being low 50's
Quote:
Originally Posted by zoltans4 View Post
this is my usual experience. I would imagine the 2014 will be low 50's with several thousand bonus cash. 2015 will be higher 50's with maybe just drive or just loyalty credit
It just doesn't work that way guys...

all numbers 36Months/15K
2014 M5
08/13 50%
01/14 55%

2014 640GCxi
08/13 55%
01/14 55%

2014 535dxi
08/13 57%
01/14 58%

2014 M6
08/13 50%
01/14 53%

2014 320i
08/13 58%
01/14 62%
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      01-30-2014, 11:46 PM   #17
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Quote:
Originally Posted by doug_999 View Post
It just doesn't work that way guys...

all numbers 36Months/15K
2014 M5
08/13 50%
01/14 55%

2014 640GCxi
08/13 55%
01/14 55%

2014 535dxi
08/13 57%
01/14 58%

2014 M6
08/13 50%
01/14 53%

2014 320i
08/13 58%
01/14 62%
Your numbers are skewed... Post them when new 2015 6 comes out compared to 2014...Different model year....the new one will be high 50s and 2014 will be low 50s if not 50.....Believe me....I will post when they're published...Sure BMW changes them mid stream based on manufacturer money etc....But new model year vs old model year there will be a discrepancy a big one
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      01-31-2014, 08:54 AM   #18
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Quote:
Originally Posted by LSM View Post
Your numbers are skewed... Post them when new 2015 6 comes out compared to 2014...Different model year....the new one will be high 50s and 2014 will be low 50s if not 50.....Believe me....I will post when they're published...Sure BMW changes them mid stream based on manufacturer money etc....But new model year vs old model year there will be a discrepancy a big one
The 2014 5 and 3 series Start of Production was July 2013. I could not find July rates (you couldn't even get the car then), so I used August. However, in the examples I posted, many models actually increased in residual since their inception. That's my point, the residuals are lower when the model is first release and increase over time. For a model that comes out in September, I have found their residuals to be highest in the Spring. Obviously the 2014 6-series is a lot older than that.
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      01-31-2014, 11:47 AM   #19
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Quote:
Originally Posted by doug_999 View Post
The 2014 5 and 3 series Start of Production was July 2013. I could not find July rates (you couldn't even get the car then), so I used August. However, in the examples I posted, many models actually increased in residual since their inception. That's my point, the residuals are lower when the model is first release and increase over time. For a model that comes out in September, I have found their residuals to be highest in the Spring. Obviously the 2014 6-series is a lot older than that.
The August numbers are from the 2013 MY car for each.....
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      01-31-2014, 12:47 PM   #20
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Quote:
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The August numbers are from the 2013 MY car for each.....
They are not (to be fair, I meant to post my sources)

The August rates come from here
http://www.ridewithg.com/2013/08/201...s-august-2013/

The January rates come from BMW.
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      01-31-2014, 05:04 PM   #21
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Quote:
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They are not (to be fair, I meant to post my sources)

The August rates come from here
http://www.ridewithg.com/2013/08/201...s-august-2013/

The January rates come from BMW.
I don't believe those are correct...I really don't I mean the ones not from BMW anyway...We'll see when 2015 comes out...
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      02-03-2014, 09:41 PM   #22
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just took delivery of a 2014 650i xdrive Gran Coupe on jan 31st. residual was 55%.
got an excellent deal, just happened to have car I wanted.
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