Quote:
Originally Posted by conradb
Has the residual value gone up at all in the past? Do you think it will be any higher by xmas for a 2014 model?
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Over the 2013 model year the residuals crept up from 48% (15,000 miles) at launch in sept. to 54% for 15,000 miles. So over the year, yes they went up. How much they will go up between now and December is anyones guess. I wouldn't expect them to go up more than a point or two in that time frame though. Towards the end of the 2013 model run there was a lot of M5 inventory sitting on dealers lots. So raising the residual to help move those cars prior to the 2014s coming out is probably the reason the residuals came up towards the end of the 2013 model year. I too will be ordering in the Nov-Dec time period and would love to get a 57% residual, but I'm expecting something like 54%-55% for a 10,000 mile lease come December.
Current residuals are 50% for 15,000 miles 52% for 12,000 miles and 53% for 10,000 miles BTW.