11-04-2015, 08:00 AM | #1 |
Banned
93
Rep 189
Posts |
BMW residual values are a joke now!!!!
2016 M235i is 55% for 10k miles!!!!!!!
What a effin joke!!!!!!!! A car that was $500 month 3 months ago is now $600 month, for exact same fawking car!!!!! |
11-04-2015, 08:38 AM | #2 |
Brigadier General
1538
Rep 3,331
Posts |
There are better and worse time of the year to buy cars.
Residuals are going to be indirectly impacted by what other rebates are going on during a time period, projected CPO sales volumes 3 years from now, and all kinds of other factors. It's also why you see them flip flop between 36 and 39 month leases during certain times of the year. If you aren't happy with the current deals then you really just need to keep an eye on it and decide when to bite. I waited 4 months to pick up my first F30 to balance the residuals + UDE rebates and other programs that were being offered.
__________________
Current: '20 X5, '18 M3 ZCP
Previous: '11 E90 335i, '11 E90 M3, '16 VW GTI, '15 M235i, '13 335i, '08 TL-S, '00 Corvette |
Appreciate
0
|
11-04-2015, 10:55 AM | #3 |
Brigadier General
3279
Rep 3,256
Posts |
I got in at 60% on a 12K lease. Basically the car is un-leasable right now unless you are OK with paying the, I believe, 7% difference this month.
At the current rate, might as well go 340i. Even though the car price is higher, the payment would be close to or cheaper depending on how you option it. I think I saw 62% for 10K with $1500 in incentives. |
Appreciate
0
|
11-05-2015, 01:28 PM | #4 |
Banned
3160
Rep 9,134
Posts |
When BMW leases the volume of cars that they do compared to the ones that are purchased they can do just about whatever the hell they want to do. I am buying my next one so I can skip the game entirely.
|
Appreciate
1
|
11-05-2015, 02:14 PM | #6 |
Brigadier General
1538
Rep 3,331
Posts |
This happens every year - residuals fluctuate month to month and are subject to factors and programs. See previous post.
Should not be a shock to anyone unless this is your first lease.
__________________
Current: '20 X5, '18 M3 ZCP
Previous: '11 E90 335i, '11 E90 M3, '16 VW GTI, '15 M235i, '13 335i, '08 TL-S, '00 Corvette |
Appreciate
0
|
11-05-2015, 02:17 PM | #7 | |
Resident BMW Fanboy
259
Rep 866
Posts |
Quote:
__________________
Current: '20 F82 M4cs SMB / '13 640i M-Sport Carbon Black
Past: F30 330xi Luxury Line / F22 M235i 6MT / E92 335i / E46 330ci / E36 328i 5MT |
|
Appreciate
0
|
11-05-2015, 02:27 PM | #8 |
The Schwab
473
Rep 1,605
Posts
Drives: 2020 AW M340xi
Join Date: Jun 2011
Location: Chicagoland
|
Was debating leasing, that is definitely out now. Financing my M235xi next week at 1.9% for 60 months...
|
Appreciate
1
|
11-05-2015, 04:12 PM | #9 | |
Banned
3160
Rep 9,134
Posts |
Quote:
Otherwise i am with you. Purchase. |
|
Appreciate
0
|
11-05-2015, 04:16 PM | #10 |
The Schwab
473
Rep 1,605
Posts
Drives: 2020 AW M340xi
Join Date: Jun 2011
Location: Chicagoland
|
My 2012 135i has 17k miles on it after 4 years...I'm with you on the low mileage lease option.
|
Appreciate
1
|
11-05-2015, 04:38 PM | #11 | |
Banned
3160
Rep 9,134
Posts |
Quote:
|
|
Appreciate
0
|
11-05-2015, 06:54 PM | #12 | ||
The Schwab
473
Rep 1,605
Posts
Drives: 2020 AW M340xi
Join Date: Jun 2011
Location: Chicagoland
|
Quote:
|
||
Appreciate
0
|
11-07-2015, 09:44 AM | #13 |
New Member
2
Rep 15
Posts |
Anyone think the 2 series will lease better next year? I'm planning to do ED next year on a BMW. I want to lease, but if there's better deals on the 3 series, I'd take one. Honestly, I was hoping for a LCI on the 2 series next year but it doesn't look like that will happen.
|
Appreciate
0
|
11-08-2015, 04:23 AM | #14 |
Second Lieutenant
54
Rep 189
Posts |
Is this a good deal? Thinking about doing it with a trade in on my M235i.
2016 BMW M3. This could be yours with a $5,976.00 Down Payment for 24 Months at 2.99% APR* with Monthly Payments ONLY $439.00 per Month with a Trade in Guarantee. 24 MONTH MILITARY FLEXIBLE OWNERSHIP PROGRAM In Cooperation with Global Credit Union. Standard Options Include: Comfort Access Keyless Entry Power Front Seats with Lumbar Support Heated Front Seats Navigation System Harman Kardon Surround Sound System Advance Real Time Traffic Information Free Home Shipping *Disclaimer: Offer is subject to credit approval with Global Credit Union. Term up to 24 months; estimated monthly payment of $8.16 for every $1,000.00 borrowed for first 23 months, followed by a balloon payment for the remaining balance due on the 24th month. Rate stated is available to consumers with best credit history and applies to this sale only, your rate might be higher. 100% financing is available. Global Credit Union is federally insured by NCUA. Low monthly payments and the exclusive Bavarian Motor Cars Trade in Guarantee are available across the whole BMW and MINI range (excluding Motorcycles). Please contact your sales agent for more details. Stateside Trade in valid in the USA (includes Hawaii). Picture for illustration purposes only. |
Appreciate
0
|
11-08-2015, 09:52 PM | #15 | |
Major
163
Rep 1,053
Posts |
Quote:
That's ridiculous. Maybe they're thinking the resale value will take a hit now that the M2 is also going to be out there. I got my 12k/36mo at 62% March of last year. I guess that was just a guess for them at that point since they didn't have anything to base it on in the first few months of production for a new model. 55 for 10k definitely sucks and so does the 54 for for 12k. |
|
Appreciate
0
|
11-09-2015, 04:41 PM | #16 |
Lieutenant
35
Rep 501
Posts |
For a lack of having nothing better to do, tracking lease prices is a pass time and based on recent years November has never been a good time to lease. Regarding the unattractive lease deals for M235, it may be the result of low inventory. As stated in another post, current deals for the 3er and 4er, which are high production cars, are attractive and if the trend continues, look for prices for those models plus the 2er to drop further in December. And, if you can wait until spring, prices for all models including the M235 will drop even more.
Last edited by Vector Pilot; 11-09-2015 at 05:27 PM.. Reason: What else, typos! |
Appreciate
0
|
11-09-2015, 07:15 PM | #17 |
First Lieutenant
88
Rep 300
Posts |
I did pretty darn well in November 2009 and November 2012. I guess I was just lucky. Your points are well made. Oh well. I've got until January 16th to see if the numbers improve.
|
Appreciate
0
|
11-10-2015, 10:19 AM | #18 | |
Brigadier General
1538
Rep 3,331
Posts |
Quote:
As time goes on, sales slowdowns, LCI's and other month to month factors impact the residuals. Residuals can still go back up. I leased my F30 in 2013 @ 57% and they climbed back well into the 60's since then. Supply & Demand and all that jazz.
__________________
Current: '20 X5, '18 M3 ZCP
Previous: '11 E90 335i, '11 E90 M3, '16 VW GTI, '15 M235i, '13 335i, '08 TL-S, '00 Corvette |
|
Appreciate
0
|
11-10-2015, 03:20 PM | #19 | ||
Major General
4516
Rep 8,942
Posts |
Quote:
__________________
2022 Macan S
2016 F31 328i xDrive Sport Wagon 2006 E46 330ci ZHP Convertible |
||
Appreciate
0
|
11-10-2015, 07:56 PM | #20 |
Private
24
Rep 87
Posts |
Look at this from another angle. The car is so good and selling so well(*) that it does not require subsidized leases. Because inflated residual is a subsidy. If someone believes that BMWFS is lowballing residuals, then just finance the car. The loan interest rates are better than lease MF, no need to pay $925 acquisition fee, and after three years it will sell for more than 55%. ;-)
(*) October sales are up 82% compared to October 2014 |
Appreciate
2
snaketh99.50 |
11-10-2015, 08:03 PM | #21 |
Private
24
Rep 87
Posts |
|
Appreciate
0
|
11-10-2015, 11:18 PM | #22 | |
Colonel
1433
Rep 2,527
Posts
Drives: 2011 328i Wagon
Join Date: Feb 2011
Location: Westbrook, Maine, Port Charlotte, Florida
|
Quote:
But you are spot on, there is zero reason for BMW to subsidize the leases on these cars with current demand and supply in a very nice balance. They probably won't increase production, they would rather make and sell X1s.
__________________
'11 328! Touring - Tasman on Chestnut, 6spd manual, factory upside-down "i" option '11 128i Convertible - Space Gray on Savannah Beige, 6spd manual, also '14 Mercedes-Benz E350 wagon, '95 Land Rover Discovery, '74 Triumph Spitfire |
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|