11-03-2014, 08:52 PM | #23 | |
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11-03-2014, 09:04 PM | #24 | |
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it means after 36 months /10K the residual is 57% and 3 months later is 58%? So if the customer returns the car after 36 months, then dealer keeps the car in lot for 3 months to increase the value??I know they both have the same 10K, but usually car loses the value by time more than by mileage right?
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11-03-2014, 09:20 PM | #25 | |
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11-03-2014, 09:37 PM | #26 | |
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11-03-2014, 09:53 PM | #27 |
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Historically, November and December residuals have been the same. At least as long as I have been following all of my favorite bimmer forums. I have never seen a 36 months residual on M5 at 62%. That was very unusual. Normally, in the mid-50s.
In terms of residual dropping etc. These decisions are made in smoky dark rooms of BMWFS. We can have long discussion about how and why BUT it's is what it is. |
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11-03-2014, 11:08 PM | #28 | |
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11-03-2014, 11:57 PM | #30 | |
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Which is why if you do a lease where it's over 2 or 3 years (like 27 or 39 months), do a pull ahead at the end of the 36th month. You return the car, get the last payments waived, and don't have to pay for another year's registration Looks like i'm going to stay with Mercedes. I was waiting to see how the holidays would match up, but with this decrease in residual, the S class is looking much more attractive to me. I have until the end of the year... so maybe things will change, but I doubt it. Guess I won't be returning to BMW for at least a couple more years.
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11-04-2014, 12:21 AM | #31 |
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Seriously, it's disappointing. I'm a BMW M fan because I like the engine, look, chassis and drivetrain. Not neceesarily in that order, but, I'm back to now looking at the E63 S amongst others. I would really like a bigger car than my current M3, but have an X5 for winter and can otherwise get a 911, f-type R, etc... that I'm interested in, plus a winter vehicle if needed for less. Just would prefer the M5. Bummer.
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11-04-2014, 12:43 AM | #32 |
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i ordered my M5 in the third week of october with a residual of 61% at 10k miles. i was sweating bullets when i found out the residual dropped for November. thankfully since my order went through in October my SA advised i was not subject to the monthly payment increase resultant from the residual drop. my m5 completed production on the 31st of october and is waiting for loading onto the ship. I will also hopefully get the holiday credit of $2,000 to be applied to the contract price so the payments per month on this lease will be dropped by an additional $55.00 for 36 months.
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11-04-2014, 01:35 AM | #33 | |
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ie changing the MF from 0.0013 to 0.0016 for a 100K car with 61% residual after tax (8%) is about $52 per month. Based on current APR (3.12%) your MF must be 0.0013
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11-04-2014, 05:02 AM | #34 | |
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11-04-2014, 05:43 AM | #35 | |
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I've sold a lot of 3 year software contracts in my time which has caused unnatural sales volume spikes in December and June. I would love to be able to renew those w/ 39 month contracts in order to smooth out the sales volumes for my team. BMW is probably doing something similar because they can...
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11-04-2014, 07:00 AM | #36 | |
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11-04-2014, 08:53 AM | #37 | |
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11-04-2014, 11:11 AM | #38 | |
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I'll just stick w/ the October Residual and Incentive.
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11-04-2014, 11:47 AM | #39 | |
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sorry but its a helluva deal rather one of you guys on this forum got it
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11-04-2014, 12:36 PM | #40 | |
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For a 100K car, considering 0.0013 MF and California tax (8%) the total lease payment of 36 months /10 K is [43000 + 36 * 0.0013 *157000] *1.08 = $54375 The same calculation for 39 months/10 K is [42000 +39*0.0013 *158000]*1.08 =$54011 + one extra (the last year) registration fee of $400-500....So in case of 36 months the monthly payment is $1510.4 while in case of 39 months the monthly payment is $1384.9 ... ~$125 saving per months but 3 more extra months and one extra registration...
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11-04-2014, 03:53 PM | #41 | ||
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11-05-2014, 02:58 AM | #42 | |
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My 2012 Nissan Frontier cost me $350 to renew! My SL550 was $666! (yes the devil's number) my M3 was $800 IIRC back in 2010. My 335i was $700 back in 09. so I'm surprised my SL is so "cheap" M5 registration is probably around $700, just like my SL Too bad I need 5 seats :/
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11-05-2014, 07:09 PM | #44 |
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Sure follow this link....And PM me or give me your email address and I can contact you.
http://www.6post.com/forums/showthread.php?t=1020550
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