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 |
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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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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01-28-2014, 01:17 AM | #6 |
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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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01-28-2014, 01:14 PM | #9 | |
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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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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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01-30-2014, 03:30 PM | #15 |
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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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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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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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01-31-2014, 11:47 AM | #19 | |
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01-31-2014, 12:47 PM | #20 |
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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.
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01-31-2014, 05:04 PM | #21 | |
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