January residual ?

[Ryno 27]

Can someone please post where a 36 month, 10,000 miles, residual icurrently stands?

[Tisaksen]

Originally Posted by rynomi6

Can someone please post where a 36 month, 10,000 miles, residual icurrently stands?

The residual on an m5 is 61% with 10k miles

[E90potentialbuyer]

Originally Posted by Tisaksen

The residual on an m5 is 61% with 10k miles

The residuals went up??? I thought they were 57% for 39 month 10k. 56% for 36 month 10 k.

Where is your information from?

[Ryno 27]

61%, that's great! Thank you.

[Brambleworth]

I was just quoted 59% after 39 months and 20,000 miles per year.

[bronch]

Hmm, I was told that they were the same as Dec. 57%, 39mos.

[Ryno 27]

Not interested in 39 months... Looking for 36 month term

[E90potentialbuyer]

Originally Posted by rynomi6

Not interested in 39 months... Looking for 36 month term

Just talked to my CA. 61% for 36 months and 62% for 39 months. I forgot to ask if there are any programs. But you can check that on the website.

[Tisaksen]

Originally Posted by E90potentialbuyer

The residuals went up??? I thought they were 57% for 39 month 10k. 56% for 36 month 10 k.

Where is your information from?

I work at a bmw dealership. and this is straight from BMW off of our January programs. 58% at 36 months 15k miles a year. Add 2% for 12k miles and add another 1% for 10k miles. So 61% at 10k miles a year 36 months.

A 39 month program makes more sense as your residual goes up another 1%, and BMW will presumably do another pullahead program in 3 years to waive those last 3+ payments.

Hope this helped

[Tisaksen]

Originally Posted by Brambleworth

I was just quoted 59% after 39 months and 20,000 miles per year.

The residual doesnt change after 15k miles. They just charge you for the extra miles up front at 0.15cents a mile rather than you paying .16 cents a mile during the lease or .20 cents a mile at lease end if you are over your allotted miles.

[E90potentialbuyer]

Originally Posted by Tisaksen

I work at a bmw dealership. and this is straight from BMW off of our January programs. 58% at 36 months 15k miles a year. Add 2% for 12k miles and add another 1% for 10k miles. So 61% at 10k miles a year 36 months.

A 39 month program makes more sense as your residual goes up another 1%, and BMW will presumably do another pullahead program in 3 years to waive those last 3+ payments.

Hope this helped

Sorry mate that I doubted you. You had the right info all along.

[bronch]

Originally Posted by Tisaksen

..., and BMW will presumably do another pullahead program in 3 years to waive those last 3+ payments...

This was the sticking point for me. I ordered my M5 last Oct being "assured" that there would be a pull-ahead program and my build date was Dec 14. There wasn't one in Dec and my car was pushed to a Jan 15 buiid. I was told again there is no M pull-ahead programs for Jan and all of a sudden I have no allocation. Until yesterday when my dealer "traded" an allocation with another dealer. So, I now have a production number, but no build date yet. Frustrating. I would've rather be told don't bother looking for your new car until 3 mos before your lease end. Not sure I'm leasing again.

[bruza]

Bronch

Out of curiousity, which dealer are you working with? Sounds like a heck of an ordeal there just to order a car and no firm commitment from the dealer.

[F16RCE]

In the us what does a typical lease deal look like over 36-39months on a new m5 with comp pack? Thx

[bronch]

Originally Posted by F16RCE

In the us what does a typical lease deal look like over 36-39months on a new m5 with comp pack? Thx

This is the info I was given by my CA as of Jan 2015, again take this with a grain of salt... After all I only asked 6 days ago and was given a different story. Comp pkg doesn't matter as other options would not either.

62%, 39 mos.

61%, 36 mos.

[F16RCE]

What does that translate into in terms of deposit and monthly repayments? In not familiar with the way you guys talk in terms if residuals? But given I'm likely to be in US this year and will be buying a car or two I thought is get educated now! Cheers

[AT LAW]

Originally Posted by F16RCE

What does that translate into in terms of deposit and monthly repayments? In not familiar with the way you guys talk in terms if residuals? But given I'm likely to be in US this year and will be buying a car or two I thought is get educated now! Cheers

It is actually quite straightforward.

Multiply your "buy" price of the car by the residual value.
Subtract this number from your "buy price."
This figure gives you your depreciated number.
Then divide this number by the number of months.
This gives you your raw monthly payment over the depreciated figure.
Then the money factor has to be calculated which will give you
your monthly lease payment.

[Ryno 27]

I don't think that calculation is correct. The residual is based on the MSRP of the vehicle, so if MSRP is $100,000 and residual is 61%, then at lease end, the car is worth $61,000; depreciation would be $39,000 (assuming purchase price was MSRP). So, you would take 100 minus residual and multiply that percentage to the purchase price to calculate "use/depreciated" amount.

[corrado79]

Originally Posted by Tisaksen

I work at a bmw dealership. and this is straight from BMW off of our January programs. 58% at 36 months 15k miles a year. Add 2% for 12k miles and add another 1% for 10k miles. So 61% at 10k miles a year 36 months.

A 39 month program makes more sense as your residual goes up another 1%, and BMW will presumably do another pullahead program in 3 years to waive those last 3+ payments.

Hope this helped

Doh! I ordered my M5 in December with the much worse residual rates. It has not arrived yet, but will be here soon.

Can my CA "switch" my lease to the current residual rates, or am I stuck with December?

[Mr_M5Guy]

Any dealers offering ED Invoice + $$$? Yes, I have tried the well known sponsor here and the deal wasn't anything special.

[frisky]

Thanks for this info! Anyone know the current MF?

thanks
f.

[Tisaksen]

Originally Posted by corrado79

Doh! I ordered my M5 in December with the much worse residual rates. It has not arrived yet, but will be here soon.

Can my CA "switch" my lease to the current residual rates, or am I stuck with December?

if you havent paid yet. you qualify for the most current rates. your dealer locked you in at december rates but you can update it to january since they might be better, and so forth until the car gets here.