2016 BMW M2 - 36 month lease rate (residual) announced

rainfall · 03-02-2016, 01:33 AM

Quote:

Originally Posted by Mo@BMWofFairfax

15k miles, 36 months, residual is 49%, 12k miles is 51%, and 10k is 52%.

For those who are wondering what that means... this means what is the book value of your car in 3 years. The remaining of the 100% is what you will pay in depreciation (there is interest to account for as well).

Although they are not explicitly saying that, if you buy a 100K car with a 49% residual, your car will be worth 49K at the end of 3 years. Likewise, if you buy a 50K car at 49%... it will be worth less than 25K in 3y.

That is bad... REALLY bad.

That doesn't necessarily mean that the used M2 will be selling for 25K in 3y though... it's more complicated than that.

M-Pilot · 03-02-2016, 01:44 AM

Quote:

Originally Posted by 04RC51

And everyone is talking about how great the rental terms are on the M2, right?

BMW isn't stupid? People are lined up around the block to get an M2. They will be hacked up, modded, flogged and then given back. And you expect BMW to give people good deals on them and then take them back?

People are delusional!

People are lined up around the block to get an M3 as well. Those M3s are currently being hacked up, modded, flogged and they will be given back. So yes, we expect BMW to give people good deals on M2s and take them back like they are currently doing with M3s and M4s.

M2 being the new hot car in the market with limited availability makes things obviously more difficult on our side. However, this doesn't mean that expecting BMW to offer good lease deals on M cars is being delusional.

ORIGIN M. · 03-02-2016, 01:52 AM

Quote:

Originally Posted by dammitcubs

That's why i'm cash money!! Dollar dollar bills yo!!

It is all about cash in hand. Cash is KING !

You can get a much higher return on that dough somewhere else yo.

Nahlem · 03-02-2016, 03:05 AM

Quote:

Originally Posted by metrickid

I don't get your logic here. If the owner gets all his money back he has even more money to spend on a new BMW. Why wouldn't BMW like that?

Well depends if the owner choose to get another BMW or chooses another brand, Other then that if the owner keeps buying BMW then its good for BMW.

Falafel Combo · 03-02-2016, 04:30 AM

Quote:

Originally Posted by dt34

Is that good or bad? I know nothing about leasing.

Isss harrrrible!

My M3 residual (10k lease) is 66%? I think. And I paid invoice -$1,000 (holiday credit).

Falafel Combo · 03-02-2016, 04:34 AM

Quote:

Originally Posted by AGAV13

Had the same question

Leasematic, I think.

Falafel Combo · 03-02-2016, 04:38 AM

Quote:

Originally Posted by miiipilot

wow that's pretty bad. still buying one.
maybe with this tidbit released, all the #1 and #2's will get prod numbers and get this show on the road

Of course you should still buy one. But chances are finance payment would be much cheaper than lease payment.

Finance for a few years and take a hit selling it. Still come out ahead of a lease. Better yet, buy a CPO one or few months used.

Falafel Combo · 03-02-2016, 04:40 AM

Quote:

Originally Posted by MRV99

I am assuming the BMW knows this will be a track rat car and they don't want a bunch of M2's beat on the track or driven had by younger folk and turning it in. Yes the M3/M4 does track duty and beat on but the M2 has a greater potential

I'm assuming it's just simple demand, and not potential "track use" depreciation.

The used car market is much smaller, and demand is so much weaker for a high performance compact coupe.

Falafel Combo · 03-02-2016, 04:44 AM

Quote:

Originally Posted by M3 Adjuster

WrongO bongito.

1M had horrible lease figures
M2 has horrible lease figures.
M4 GTS cannot be leased at all

BMW will be HAPPY to lease you an M3/M4 or an M235 for probably a much better deal than an M2 because those are their mass market vehicles.

1M, M2, M4 GTS are cars that are designed for track use and are speciality niche cars.

Did you just group the M2 with an M4 GTS? You know, that 1 of only 700 ever made, car?

Falafel Combo · 03-02-2016, 04:51 AM

My prediction: we see a lot more re-badged M235i's with modified quad exhausts on the street.

Ian ///M · 03-02-2016, 06:07 AM

Quote:

Originally Posted by bobloblaw

Kief · 03-02-2016, 06:17 AM

Quote:

Originally Posted by paradoxical3

Now I am really not sure what to do. Really prefer to lease through my business, but for a $1k lease I can get a lot of other cars. Jaguar F type V8 S can be had for that price.

Yuppers. I just sold my M4 and leased a 2016 Jaguar F Type Coupe R February 1st for less than $1k per month.

You early adopters should consider PenFed's Payment Saver loan. Although you have to pay for sales tax, with BMW increasing the acquisition fee to close to $1k it still usually ends up being a better deal and you own the car.

visi107 · 03-02-2016, 07:05 AM

With these horrible lease rates, maybe more people who have been waiting for the M2 will go for an M3/4 instead which will then drive up their demand

metrickid · 03-02-2016, 07:39 AM

Quote:

Originally Posted by Alden_88M

Well depends if the owner choose to get another BMW or chooses another brand, Other then that if the owner keeps buying BMW then its good for BMW.

Yes, but isn't that the case for all cars and manufacturers? That has nothing to do with the great resale value of the 1M.

W/// · 03-02-2016, 07:42 AM

Quote:

Originally Posted by 04RC51

And everyone is talking about how great the rental terms are on the M2, right?

BMW isn't stupid? People are lined up around the block to get an M2. They will be hacked up, modded, flogged and then given back. And you expect BMW to give people good deals on them and then take them back?

People are delusional!

So true.

You bite the bullet and pay MSRP at the minimum (finance). Or you deal with those horrible lease numbers.

But with LCI only a year away on top of all that, there's no way I'd jump on these first cars personally.

mad_max · 03-02-2016, 07:59 AM

Quote:

Originally Posted by MRCUR

http://leasematic.com

$1.99 on the Appstore and written by a member of the X5 side of the forum.

billyali86 · 03-02-2016, 08:20 AM

In the UK, with the discounts available on the m3/4, it costs the same if not slightly less to get into an m3/4 than it does an m2

You would have to be a serious m2 to go for it over m3/4

F87LUV · 03-02-2016, 08:31 AM

Quote:

Originally Posted by Kief

Quote:

Originally Posted by paradoxical3

Now I am really not sure what to do. Really prefer to lease through my business, but for a $1k lease I can get a lot of other cars. Jaguar F type V8 S can be had for that price.

Yuppers. I just sold my M4 and leased a 2016 Jaguar F Type Coupe R February 1st for less than $1k per month.

You early adopters should consider PenFed's Payment Saver loan. Although you have to pay for sales tax, with BMW increasing the acquisition fee to close to $1k it still usually ends up being a better deal and you own the car.

That's my initial plan- still not crazy about paying sticker.

The Automotive Enthusiast · 03-02-2016, 08:39 AM

Quote:

Originally Posted by Driver37

I believe the M4 GTS will be able to be leased. I was looking at a bulletin today and I am 99% sure it can be. Will check back tomorrow.

Nope, can't lease a GTS.

F80NJM3 · 03-02-2016, 08:45 AM

49%? Ouch

SROC3 · 03-02-2016, 08:50 AM

WOW. They are really banking on all the Hoopla about it huh? Those are TERRIBLE rates.

geez.

The Automotive Enthusiast · 03-02-2016, 08:55 AM

BMW will build as many as they can, but the for the early adopters, you'll have to pay to play.

03-02-2016, 04:51 AM	#120
Falafel Combo Banned 3773 Rep 6,673 Posts Drives: X5 xDrive50i Join Date: May 2011 Location: New England iTrader: (3)	My prediction: we see a lot more re-badged M235i's with modified quad exhausts on the street.
	Appreciate 2 Quote

03-02-2016, 07:05 AM	#123
visi107 Captain 363 Rep 880 Posts Drives: 2018 M3CS Join Date: Aug 2015 Location: Detroit, MI iTrader: (1)	With these horrible lease rates, maybe more people who have been waiting for the M2 will go for an M3/4 instead which will then drive up their demand __________________ 2018 F80 M3CS 2016 F80 M3 - May 14th ED- The ED Adventure 2013 F30 328i xdrive - Retired
	Appreciate 0 Quote

03-02-2016, 08:20 AM	#127
billyali86 Private First Class 372 Rep 189 Posts Drives: M4 - Yas Marina Join Date: Dec 2015 Location: U.K iTrader: (0)	In the UK, with the discounts available on the m3/4, it costs the same if not slightly less to get into an m3/4 than it does an m2 You would have to be a serious m2 to go for it over m3/4
	Appreciate 1 Quote

03-02-2016, 08:45 AM	#130
F80NJM3 Colonel 1923 Rep 2,175 Posts Drives: F80 M3 Join Date: Aug 2011 Location: NJ/NY iTrader: (0) Garage List 2015 BMW M3 F80 [10.00] 2012 BMW F10 535XI [0.00] 2006 Porsche Cayenne [0.00]	49%? Ouch __________________ http://f80.bimmerpost.com/forums/sho....php?t=1270333 Follow Instagram : F80AWM3
	Appreciate 0 Quote

03-02-2016, 08:50 AM	#131
SROC3 The limit of adhesion is my home. 1702 Rep 3,778 Posts Drives: Like a Boss. Join Date: Sep 2006 Location: three.one.zero iTrader: (1)	WOW. They are really banking on all the Hoopla about it huh? Those are TERRIBLE rates. geez. __________________ 2019 X3 xDrive30i Glacier Silver \| Cognac w/ Fine Cove \| MSport \| Premium \| Dynamic Handling PKG \| Drive Assist \| HK w/ Bavsound Upgrade \|
	Appreciate 0 Quote

03-02-2016, 08:55 AM	#132
The Automotive Enthusiast Retired BMW Genius 2895 Rep 3,404 Posts Drives: 2018 Audi S5 Coupe Join Date: Apr 2010 Location: DMV iTrader: (1)	BMW will build as many as they can, but the for the early adopters, you'll have to pay to play.
	Appreciate 0 Quote