Nov lease number's

[bronch]

I built my car on BMW NA's configurator again today and the exact same car I built a month or so ago is now $140/mos more on a lease. I called my CA about it, but he didn't have the answer and would look into it. Hmmm... Can anyone confirm the residual has decreased that much? Or is it something else?

[rjdoc74]

I heard residual dropped 4 points. Good bye good deals on M5.

[isugoo]

Originally Posted by rjdoc74

I heard residual dropped 4 points. Good bye good deals on M5.

yeah. good days are kind done now.

[rjdoc74]

Originally Posted by isugoo

yeah. good days are kind done now.

I was kind of worried I got my M5 in April with 16.1% off MSRP. Now too worried anymore

[rocky]

how will new residual numbers for november affect cars currently in delivery mode on ED ?

[Mr_M5Guy]

What about for remaining 2014's. Will they also have a lower residual? i would think they would want to move those and not lower the residual.

[rjdoc74]

If you haven't put in BMWFS application in/don't have rate lock by 10/31, only new numbers apply.

[isugoo]

Originally Posted by rjdoc74

I was kind of worried I got my M5 in April with 16.1% off MSRP. Now too worried anymore

[bronch]

Originally Posted by rjdoc74

I was kind of worried I got my M5 in April with 16.1% off MSRP. Now too worried anymore

Alright, alright... No need to gloat That's not happening here on my 2015 I ordered. Was planning on leasing, but doesn't make sense anymore. Who knows where it will go...

[M6-Coupe]

Originally Posted by bronch

Alright, alright... No need to gloat That's not happening here on my 2015 I ordered. Was planning on leasing, but doesn't make sense anymore. Who knows where it will go...

BTW, I think it should be Black Full Merino in your signature

[bronch]

Originally Posted by M6-Coupe

BTW, I think it should be Black Full Merino in your signature

Ha, you're right! Corrected. I'm surprised somebody actually read that and picked it up. Thx

[E90potentialbuyer]

Eff. This blows!

[GOLFFRR]

2015 M5
36Month

54% 15k
56% 12k
57% 10k

2015 M5
39 Month
55% 15k
57% 12k
58% 10k

Feel free to contact David Aviles if you need any other assistance
202-262-2900

[bronch]

Originally Posted by GOLFFRR

2015 M5
36Month

54% 15k
56% 12k
57% 10k

2015 M5
39 Month
55% 15k
57% 12k
58% 10k

Feel free to contact David Aviles if you need any other assistance
202-262-2900

Eesh, that stinks. Thanks for the details.

[GOLFFRR]

No problem guys. Happy Hunting!

David still has some spots open for his ED special if anyone is interested

[SocalBM]

Originally Posted by GOLFFRR

2015 M5
36Month

54% 15k
56% 12k
57% 10k

2015 M5
39 Month
55% 15k
57% 12k
58% 10k

Feel free to contact David Aviles if you need any other assistance
202-262-2900

God those numbers are awful....

[rjdoc74]

Originally Posted by SocalBM

God those numbers are awful....

Actually, these are pretty standard for M5. We just had it pretty good in 2014.

[bronch]

Originally Posted by rjdoc74

Actually, these are pretty standard for M5. We just had it pretty good in 2014.

I didn't check the history, but makes no sense for me to lease unless I do something stupid like $20K down. I may try to buy it outright if I get a better deal than 6% below MSRP. Not sure I can with a 2015 and optioned the way I have it. It's a bummer.

[Seanmag]

@Bronch - if you ordered in October, you should be locked for October residuals. Did you confirm with your CA?

[bronch]

Originally Posted by Seanmag

@Bronch - if you ordered in October, you should be locked for October residuals. Did you confirm with your CA?

Yes, but haven't heard back. It wasn't being built until Jan because of the individual color. I contacted him over the weekend and he said we could lock in Dec rates. Of course, I asked if we could lock in the Dec rate why couldn't we lock in Oct rates when I ordered it. Haven't heard back. I'm a little upset.

[Seanmag]

Originally Posted by bronch

Eesh, that stinks. Thanks for the details.

Play around with the numbers a bit.

for my build...

36 Months: the November residuals would increase my 36 month lease rate by $125 per month. That's a 13% increase over my current monthly lease based on Oct residuals. In agreement, OUCH!

39 Months: plugging the numbers in for a 39 month lease would increase my deal for my build by only $27 per month. That's an uplift of 2.8% per my current monthly lease based on Oct residuals. Not the end of the world...

Again, check w/ your CA to confirm if you're already locked for October's residuals. I double checked with mine and I'm still good for Oct even though I don't pick my ED M5 up until Nov 21st.

Good luck!

[Seanmag]

Originally Posted by bronch

Yes, but haven't heard back. It wasn't being built until Jan because of the individual color. I contacted him over the weekend and he said we could lock in Dec rates. Of course, I asked if we could lock in the Dec rate why couldn't we lock in Oct rates when I ordered it. Haven't heard back. I'm a little upset.

Ahhh... well look at it his way. The incentive in October was only $1000. The November holiday incentive appears to be $2000. If you're doing the 39 month lease, the increase is almost a wash. You're potentially still good