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      11-11-2015, 04:45 PM   #23
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Quote:
Originally Posted by krhodes1 View Post
I generally don't get the fascination with leasing (baring unusually amazing incentives). For my last three cars I have run the numbers both ways, and I can't see that you save anything at all by leasing once you figure in the fees, even if you end up selling the car in only a few years. Made worse in my state in that you don't save anything on the sales tax here.
States where you do save on sales tax + deductability of lease payments for business purposes make leasing very attractive, not to mention BMW allows you to transfer out of your lease as well. For relatively little effort, you can stay in a new car and rotate through them fairly frequently.

For states where there is no sales tax benefit, you are right, it becomes a bit dicier to find value. Traditionally though, BMW (and Mercedes) heavily incentivize their leases with high residuals. Not so much with the 2 series at least early on in the 2016 model year.
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      11-25-2015, 12:05 PM   #24
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Originally Posted by F80Boost View Post
2016 M235i is 55% for 10k miles!!!!!!!
Question, is this 55% for a 39mo lease? If so, that's equivalent payment as a 58.5% residual on a 36mo lease. Which is about what they were sitting at at the beginning of MY'16. Residuals dropped roughly 4% on all MY'16, all of us that ordered them before residuals were out were fairly unhappy as we expected similar to MY'15.
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      11-26-2015, 05:20 PM   #25
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Quote:
Originally Posted by hydroshock
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Originally Posted by F80Boost View Post
2016 M235i is 55% for 10k miles!!!!!!!
Question, is this 55% for a 39mo lease? If so, that's equivalent payment as a 58.5% residual on a 36mo lease. Which is about what they were sitting at at the beginning of MY'16. Residuals dropped roughly 4% on all MY'16, all of us that ordered them before residuals were out were fairly unhappy as we expected similar to MY'15.
Residual is 54% for 39 month from what I was told by a BMW salesman
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      11-27-2015, 04:09 PM   #26
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Quote:
Originally Posted by xantdieselx
Quote:
Originally Posted by hydroshock
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Originally Posted by F80Boost View Post
2016 M235i is 55% for 10k miles!!!!!!!
Question, is this 55% for a 39mo lease? If so, that's equivalent payment as a 58.5% residual on a 36mo lease. Which is about what they were sitting at at the beginning of MY'16. Residuals dropped roughly 4% on all MY'16, all of us that ordered them before residuals were out were fairly unhappy as we expected similar to MY'15.
Residual is 54% for 39 month from what I was told by a BMW salesman
Wow they are not much above Audi residuals now.
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      11-27-2015, 05:02 PM   #27
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Quote:
Originally Posted by DS_BMW
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Originally Posted by xantdieselx
Quote:
Originally Posted by hydroshock
Quote:
Originally Posted by F80Boost View Post
2016 M235i is 55% for 10k miles!!!!!!!
Question, is this 55% for a 39mo lease? If so, that's equivalent payment as a 58.5% residual on a 36mo lease. Which is about what they were sitting at at the beginning of MY'16. Residuals dropped roughly 4% on all MY'16, all of us that ordered them before residuals were out were fairly unhappy as we expected similar to MY'15.
Residual is 54% for 39 month from what I was told by a BMW salesman
Wow they are not much above Audi residuals now.
The residuals are sh*t right now but they are offering $750.00 option credit and $500.00 build out credit to somewhat offset it. They're looking to get rid of existing stock so naturally residuals are better on 15's. Even the pull ahead went down to 3 months. Current pull ahead ends at the end of March. I'm willing to bet we will see better residuals about that time.
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      12-09-2015, 12:19 AM   #28
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What are Dec residuals on the m235?
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      12-09-2015, 03:14 AM   #29
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That's insane....does anyone know why this is happening?
BMW wants to sell 3/4 series right now... to keep the mid size luxury sales crown..
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      12-09-2015, 12:07 PM   #30
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Originally Posted by DS_BMW View Post
What are Dec residuals on the m235?
Hope you're sitting down. They're not great.

(10k/yr)

24 months - 60%
36 months - 54%
39 months - 55%

(12k/yr)

24 months - 59%
36 months - 53%
39 months - 54%

(15k/yr)

24 months - 57%
36 months - 51%
39 months - 52%

(FWIW, this represents a 2% drop from October MY'16 residuals, and a 7% drop from MY'15 residuals since July.)

.00131 MF

Option Credit - 750
Holiday credit - 500

Last edited by TonySCV; 12-09-2015 at 12:12 PM..
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      12-09-2015, 01:13 PM   #31
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Ok I'll just ask the question since I'm not putting it together in my head. Why is the residuals better on a 39 month lease versus a 36 month lease?
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      12-09-2015, 01:21 PM   #32
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Ok I'll just ask the question since I'm not putting it together in my head. Why is the residuals better on a 39 month lease versus a 36 month lease?

BMW for whatever reason wants more vehicles coming back from lease 39 months from now (March 2019) vs 36 months from now (December 2018).
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      12-09-2015, 03:07 PM   #33
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They like 39 month leases because you end up paying a full year of registration fees at month 36 but only use 1/4 of them.
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      12-09-2015, 04:18 PM   #34
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They like 39 month leases because you end up paying a full year of registration fees at month 36 but only use 1/4 of them.
Good point assuming you're in a state where the registration tags transfer to a new buyer. 36 vs. 39 month with a 1% residual increase to 39 saves roughly $50 a month, or ~$1,800 over the lease term. Of course the downside to 39 vs. 36 is you're also making 3 more payments, so those 3 payments + registration fees may offset the ~$1,800 savings. In California, a 39 month lease is almost always a bad deal vs. 36 for that very reason. Of course people don't think about that - they just see the lower payment.
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      12-10-2015, 12:09 AM   #35
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Quote:
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Originally Posted by BlakeB View Post
They like 39 month leases because you end up paying a full year of registration fees at month 36 but only use 1/4 of them.
Good point assuming you're in a state where the registration tags transfer to a new buyer. 36 vs. 39 month with a 1% residual increase to 39 saves roughly $50 a month, or ~$1,800 over the lease term. Of course the downside to 39 vs. 36 is you're also making 3 more payments, so those 3 payments + registration fees may offset the ~$1,800 savings. In California, a 39 month lease is almost always a bad deal vs. 36 for that very reason. Of course people don't think about that - they just see the lower payment.
How about 24 months at 60%? Or are there more hidden costs with a short 2 year lease?
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      12-10-2015, 07:51 AM   #36
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If BMW keeps this up in going to have to get a 3 series next time. How can Anyone justify paying $100/mo more for the same car?
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      12-10-2015, 01:08 PM   #37
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Originally Posted by DS_BMW View Post
How about 24 months at 60%? Or are there more hidden costs with a short 2 year lease?
2 year is no different than 3 year, just a higher payment because of a shorter term and steeper depreciation curve vs. a 3 year.
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      12-12-2015, 12:09 PM   #38
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It's upsetting - I've been eying the 2 series since it's inception and my current lease is up. Much prefer it to the 3 series, but it's indeed a tough proposition to pay $100 more for the lower-rent 2 series.

I'm assuming BMW thinks it's resale will get it's lunch eaten by the m2, possibly m240i, or just doesn't think it needs to subsidize the sales of its enthusiast model.
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      12-16-2015, 02:13 PM   #39
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Audi and others are going to benefit from this in a huge way. As long as BMW doesn't chose to subsidize the leases anymore, the $ gap between cars is much narrower. Back when I got my m235 the S3 was nearly $200 more per month. Even for those who may have liked the S3 better, it was tough to like it $200 a month better. Now that's not the case.
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      12-16-2015, 02:56 PM   #40
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Quote:
Originally Posted by BEM-S4 View Post
Audi and others are going to benefit from this in a huge way. As long as BMW doesn't chose to subsidize the leases anymore, the $ gap between cars is much narrower. Back when I got my m235 the S3 was nearly $200 more per month. Even for those who may have liked the S3 better, it was tough to like it $200 a month better. Now that's not the case.
It doesn't matter. BMW is selling every M235i they bother to build for the US market, and quickly. Do you see a plethora of them sitting around dealer lots? I sure don't. Given that, why on Earth would BMW be interested in spending money making the cars artificially cheaper? They aren't likely to increase production - they would rather make more profitable X1s.

If you don't like the lease rates, take advantage of the wonderfully low finance rates available and just buy the thing.
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      12-16-2015, 03:00 PM   #41
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Quote:
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If BMW keeps this up in going to have to get a 3 series next time. How can Anyone justify paying $100/mo more for the same car?
Easily. Even if the price was the same for the 3-series and the 2-series, I would still buy the 2-series. I don't want a 3-series, I have no use for a sedan no matter how much they discount it. I'm not looking for a "deal", I'm looking for the car I like the best.

I don't see the 2-series as a lesser car than the 3-series, I see it as a more sporting one.
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      12-16-2015, 03:09 PM   #42
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Quote:
Originally Posted by krhodes1
Quote:
Originally Posted by BEM-S4 View Post
Audi and others are going to benefit from this in a huge way. As long as BMW doesn't chose to subsidize the leases anymore, the $ gap between cars is much narrower. Back when I got my m235 the S3 was nearly $200 more per month. Even for those who may have liked the S3 better, it was tough to like it $200 a month better. Now that's not the case.
It doesn't matter. BMW is selling every M235i they bother to build for the US market, and quickly. Do you see a plethora of them sitting around dealer lots? I sure don't. Given that, why on Earth would BMW be interested in spending money making the cars artificially cheaper? They aren't likely to increase production - they would rather make more profitable X1s.

If you don't like the lease rates, take advantage of the wonderfully low finance rates available and just buy the thing.
Was just using that as an example. Residuals are down across the board and interest rates suck comparatively as well compared to a while ago. Simple fact is the car costs more $ now, so people will look at other options including buying the m235 as you stated. I'm bored with mine so won't be getting a new one anyway.
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      12-16-2015, 07:03 PM   #43
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Quote:
Originally Posted by krhodes1
Quote:
Originally Posted by BEM-S4 View Post
Audi and others are going to benefit from this in a huge way. As long as BMW doesn't chose to subsidize the leases anymore, the $ gap between cars is much narrower. Back when I got my m235 the S3 was nearly $200 more per month. Even for those who may have liked the S3 better, it was tough to like it $200 a month better. Now that's not the case.
It doesn't matter. BMW is selling every M235i they bother to build for the US market, and quickly. Do you see a plethora of them sitting around dealer lots? I sure don't. Given that, why on Earth would BMW be interested in spending money making the cars artificially cheaper? They aren't likely to increase production - they would rather make more profitable X1s.

If you don't like the lease rates, take advantage of the wonderfully low finance rates available and just buy the thing.
There are 2 by me one discounted 5k the other almost 7k.
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      12-16-2015, 08:50 PM   #44
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Quote:
Originally Posted by krhodes1
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Originally Posted by BMW335iOn18s View Post
If BMW keeps this up in going to have to get a 3 series next time. How can Anyone justify paying $100/mo more for the same car?
Easily. Even if the price was the same for the 3-series and the 2-series, I would still buy the 2-series. I don't want a 3-series, I have no use for a sedan no matter how much they discount it. I'm not looking for a "deal", I'm looking for the car I like the best.

I don't see the 2-series as a lesser car than the 3-series, I see it as a more sporting one.
I agree, but I'd also feel like an idiot for paying more for the same car when I'm paying $100 less. What I'm saying is id buy my car instead of leasing another.
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