03-07-2014, 12:35 PM | #45 |
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03-07-2014, 12:50 PM | #46 |
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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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03-07-2014, 02:01 PM | #47 | |
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M models can often be different, BMW will sometimes bump the residual to give no rebate on a M model but still be a better deal than whats coming |
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03-07-2014, 02:21 PM | #48 |
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Leased a 2008 M3 for 3 years at 15k miles/yr. Residual was 62%. Mostly there is no rhyme or reason to these things. The banks and lease companies do whatever they want to do.
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03-07-2014, 03:09 PM | #49 | |
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03-07-2014, 06:21 PM | #50 | |
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03-07-2014, 06:58 PM | #51 |
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How about mine. Early product cycle E92 with high residual.
I just checked and my 2012 650i residual is set at 63%. So here are two specific personal examples of high residuals on new models. Last edited by Bönz; 03-08-2014 at 05:29 AM.. Reason: added 650 lease |
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03-08-2014, 12:17 AM | #52 |
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2011 1M, Black loaded sans sat radio
2021 911 C4S Gentian Blue, manual 2023 X3 M40i - loaded sans Park Assist |
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03-08-2014, 08:09 AM | #53 |
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03-08-2014, 08:56 AM | #54 | |
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This is regarding the residuals - which are one of the key factors in a "lease deal". In the end, I personally hope LSM is right since it will lower my payments on a 2015 GC - unless BMW throws $7,500 at it next month (which based on supply in the US, they SHOULD). I also think this is more of a fun conversation (since none of us really know what BMW will do)
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03-08-2014, 09:20 AM | #55 |
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Drives: 2014 BMW 650gc, 2009 Audi Q5
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I got offered $85k for a 2014 650gc with m sport, exec and lighting but no 20's. Thinking about pulling the trigger, best deal I've gotten so far.
Does exec pkg include driver assist? Rippey |
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03-08-2014, 09:24 AM | #56 | |
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PS - also drove a 2013 with adaptive drive and 19s - wow.... very VERY nice ride.
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03-08-2014, 09:34 AM | #57 |
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03-08-2014, 10:01 AM | #58 | |
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Drives: 2014 BMW 650gc, 2009 Audi Q5
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Rippey |
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03-08-2014, 10:53 AM | #59 |
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ohhh, does that have one of the white interiors?
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03-08-2014, 11:15 AM | #60 |
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Nah, this one is white/black. There are two others I like used but 10k cheaper (used however).
The white/white one I've seen is used for 91k (2013) but I have not bid on it. There is also a blk/white/orange (used, individual pkg) 2013 for 90k. I offered 81k and they said no so I bounced. I'll pick one of these by end of next week. Rippey |
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03-08-2014, 12:35 PM | #61 | |
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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 |
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03-08-2014, 12:50 PM | #62 | |
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you are completely right about the trade-in for options. In fact we pay for a large value of options during the lease time while there is no value added at trade-in. The payment for lease can be also calculated this way: 1. PurchasePrive - Residual 2. monthly rate-fee which is (SalesPrice+Residual)xMF which is the interest fee The total lease payment is the sum of these two + tax and also other fees that you mentioned |
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03-08-2014, 03:28 PM | #63 | |
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Model 146B 650i Cp 86,700.00 Color 475 Black Sapphire Metallic N/C Upholstery NASW Black Nappa Leather N/C Options ZDB Driver Assistance Plus N/C 5AG Active Blind Spot Detection N/C 5AS Active Driving Assistant N/C 5DL Side and Top View Cameras N/C 8TH Speed Limit Info N/C ZEC Executive Package N/C ZLP Lighting Package N/C ZMP M Sport Package N/C ZMS M Sport Edition 4,800.00 323 Soft-close automatic doors N/C 3DZ Without Lines designation N/C 415 Power rear sunshade N/C 453 Front ventilated seats N/C 4U1 Ceramic Controls N/C 5AC Automatic high beams N/C 760 Shadowline exterior trim N/C 840 Increased top speed limiter N/C 337 M Sport Package N/C 2NM†20" wheels w/performance tires 1,300.00 710 M steering wheel N/C 715 Aerodynamic kit N/C 776 Anthracite Alcantara Headliner N/C 7MH M Sport edition N/C 552 Adaptive Full LED Lights N/C 610 Head-up Display N/C 6WB Dynamic Digital Cluster N/C 4KS Contrast Stitching N/C 4ND Instrument panel with leather N/C Net Total 92,800.00 Destination Charge 925 Total Suggested Price 93,725.00 So the m sport edition basically covers executive, lighting, drivers assist, cold weather (not every option of every package but everything I personally want). The 20s will be a nice option, living in Las Vegas will be no issue there. Someone else may know what the residual is this month Its like 52 or 53%? I need 12k so i think that lowers the residual 1% |
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03-11-2014, 09:01 AM | #64 |
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Sounds like a helluvadeal...
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Enjoyed some fun cars over the years: 1966 Corvette Convertible, 240Z, E24 L6, 300CE-24, 2004 645 Ci, 550SL, A6s, 535xi, E300/Bluetec/420, Grand Cherokee Overland, 2012 650i Coupe, 12 CL550, 13 SL550, 15 650i Coupe
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03-11-2014, 02:47 PM | #65 |
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Ended up going Alpine White / Black m sport edition, 20"s and B&O, picked it up last night.
Ill throw some picks up when I get some, they will be cell phones for now as its mid week and the weather sucks... lol |
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03-11-2014, 02:51 PM | #66 | |
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