05-05-2016, 11:48 PM | #133 | |
Lieutenant Colonel
1745
Rep 1,700
Posts |
Quote:
|
|
Appreciate
1
|
05-05-2016, 11:52 PM | #134 | |
Lieutenant Colonel
1745
Rep 1,700
Posts |
Quote:
|
|
Appreciate
1
|
05-06-2016, 01:46 AM | #135 | |
Hanapaa!
393
Rep 449
Posts |
Quote:
|
|
Appreciate
1
|
05-06-2016, 10:47 AM | #136 |
Captain
378
Rep 647
Posts |
|
Appreciate
0
|
05-06-2016, 12:12 PM | #137 | |
TIM YOYO
1504
Rep 3,283
Posts
Drives: 2013 M3
Join Date: Jun 2010
Location: Vero Beach, FL
|
Quote:
The residual amount is equal to the MSRP times the residual rate. The buyout amount is established at lease inception, and is memorialized in the lease agreement. That is the price available to the lessee at the end of the lease. There's also a price available to dealers that is slightly discounted from the residual (according to someone at BMW FS, anyway). IMO, this isn't going to have much effect on the secondary market, because there will not be many leases written for this car. With a 50% residual, a 36-month lease is equivalent to 72-month financing. When you sit down with the finance department to run the numbers, you'll find that the lease payment for an M2 is as much as a 72-month finance term payment, but the fees are higher. With a 0.00138 money factor (3.312% APR), you'll bee able to finance the car for 72-months at a similar rate. Unless you really, really don't want to deal with selling the car yourself, there's no incentive to lease this car.
__________________
His: 2019 R1250GS - Black
Hers: 2013 X3 28i - N20 Mineral Silver / Sand Beige / Premium, Tech Past: 2013 ///M3 - Interlagos Blue Black M-DCT Past: 2010 135i - TiAg Coral Red 6MT ///M-Sport |
|
Appreciate
2
|
05-06-2016, 01:00 PM | #138 |
Lieutenant General
4985
Rep 11,891
Posts |
wow! those are horrible residuals. I am betting they hold better value, so you'll come out ahead with a outright purchase or finance. At least that was the 1M experience, but the 1M was a limited run which helped.
Any word on whether M2 will be limited run? If not, then I believe these residuals. If BMW were smart, they should try to get the M2 to outsell the M3...cheapest entry level M on the market, only makes sense to blow this one out and make the M3 more exclusive.
__________________
22 Phytonic/Coffee X5 45e (CoVID-free)
08 Speed Yellow 911 GT3 Sharkwerks 12 AW/Cinnamon X5d Sports Pkg (retired) 14 AW/Beige M6GC ZCP, MPE, V2 steering wheel, vorsteiner (retired) 08 SSII/Black E90 M3 (retired) |
Appreciate
0
|
05-06-2016, 02:19 PM | #140 | |
TIM YOYO
1504
Rep 3,283
Posts
Drives: 2013 M3
Join Date: Jun 2010
Location: Vero Beach, FL
|
Quote:
__________________
His: 2019 R1250GS - Black
Hers: 2013 X3 28i - N20 Mineral Silver / Sand Beige / Premium, Tech Past: 2013 ///M3 - Interlagos Blue Black M-DCT Past: 2010 135i - TiAg Coral Red 6MT ///M-Sport |
|
Appreciate
0
|
05-06-2016, 02:21 PM | #141 | |
TIM YOYO
1504
Rep 3,283
Posts
Drives: 2013 M3
Join Date: Jun 2010
Location: Vero Beach, FL
|
Quote:
Your greatest leverage with the dealer is being willing to walk away (either to not purchase, or to buy from another dealer). M2 supply is going to be very tight for the first few months. If you're interested in a deal, your choices are to wait, or to shop very, very hard and be willing to travel to pick up the car.
__________________
His: 2019 R1250GS - Black
Hers: 2013 X3 28i - N20 Mineral Silver / Sand Beige / Premium, Tech Past: 2013 ///M3 - Interlagos Blue Black M-DCT Past: 2010 135i - TiAg Coral Red 6MT ///M-Sport |
|
Appreciate
1
|
05-06-2016, 02:58 PM | #142 | |
Lieutenant General
4985
Rep 11,891
Posts |
Quote:
What's your take, lease or buy to minimize depreciation here? I think in 2018, I'm going to go for either a 1 year old M2 or a 2016 F80.
__________________
22 Phytonic/Coffee X5 45e (CoVID-free)
08 Speed Yellow 911 GT3 Sharkwerks 12 AW/Cinnamon X5d Sports Pkg (retired) 14 AW/Beige M6GC ZCP, MPE, V2 steering wheel, vorsteiner (retired) 08 SSII/Black E90 M3 (retired) |
|
Appreciate
0
|
05-06-2016, 02:59 PM | #143 | |
Lieutenant General
4985
Rep 11,891
Posts |
Quote:
Basically do what you would do in a purchase or finance, get the best out the door price you can get.
__________________
22 Phytonic/Coffee X5 45e (CoVID-free)
08 Speed Yellow 911 GT3 Sharkwerks 12 AW/Cinnamon X5d Sports Pkg (retired) 14 AW/Beige M6GC ZCP, MPE, V2 steering wheel, vorsteiner (retired) 08 SSII/Black E90 M3 (retired) |
|
Appreciate
0
|
05-06-2016, 03:05 PM | #144 | |
TIM YOYO
1504
Rep 3,283
Posts
Drives: 2013 M3
Join Date: Jun 2010
Location: Vero Beach, FL
|
Quote:
Not much you can do to mitigate depreciation, except negotiate hard on purchase price. Early-run cars are tough to do that though, so I plan on waiting. I'm in no hurry to part with my money. I don't normally balk at leasing cars like the M2, because I never intend to hold them very long, but at 50% residual, BMW FS isn't offering much of a stop-loss. Sure, residuals might hold up better than they expect, but the entire reason I lease is so I don't have to deal with selling the car. No way I'd pay a 3.2% APR, then have to sell the car myself.
__________________
His: 2019 R1250GS - Black
Hers: 2013 X3 28i - N20 Mineral Silver / Sand Beige / Premium, Tech Past: 2013 ///M3 - Interlagos Blue Black M-DCT Past: 2010 135i - TiAg Coral Red 6MT ///M-Sport |
|
Appreciate
0
|
05-06-2016, 03:37 PM | #145 | |
Lieutenant General
4985
Rep 11,891
Posts |
Quote:
__________________
22 Phytonic/Coffee X5 45e (CoVID-free)
08 Speed Yellow 911 GT3 Sharkwerks 12 AW/Cinnamon X5d Sports Pkg (retired) 14 AW/Beige M6GC ZCP, MPE, V2 steering wheel, vorsteiner (retired) 08 SSII/Black E90 M3 (retired) |
|
Appreciate
1
|
05-07-2016, 12:06 AM | #146 |
Second Lieutenant
159
Rep 261
Posts
Drives: 2016 750i xDrive
Join Date: Nov 2012
Location: NC
|
As a comparo G12 7 series were just leasing at 61% RV with .000135 MF for 10k/yr.
No way would I lease the M2. CPO will be the way to go since there aren't many options. Most will get Exec then choose tranny and color.
__________________
2019 X3 M40i Phytonic Blue/Oyster
Past BMWs: 2016 750i xDrive 2013 335i Sedan Sport Line, 2005 645Ci Coupe 6MT, 2001 M5, 2001 540i 6MT, 2001 M Roadster |
Appreciate
0
|
05-07-2016, 06:31 AM | #147 |
First Lieutenant
180
Rep 360
Posts |
These people who are getting these low monthly payments usually live in new jersey or new York. basically those cities have such a low amount of M sales,[because think about it who wants to lease a car that most likley will AT LEAST be in the garage for 3 months out of the year] that when they do get a costumer in for the f80/f82, They will do anything to close the deal. But for example in California its impossible to get a f82/f80 for less then $850 a month, Especially at 85k msrp. On less your employed by BMW or u have put a ridiculous amount of a down payment= [idiot]
|
Appreciate
0
|
05-07-2016, 10:42 PM | #149 | |
Lieutenant Colonel
1600
Rep 1,762
Posts |
Quote:
|
|
Appreciate
0
|
05-08-2016, 08:01 AM | #150 | |
Lieutenant General
3689
Rep 15,081
Posts
Drives: '16 M2, '23 GT4
Join Date: May 2007
Location: NJ
|
Quote:
__________________
IG: Trackinheels
|
|
Appreciate
1
|
05-08-2016, 08:49 AM | #152 | |
Private First Class
68
Rep 129
Posts |
Quote:
You'd be shocked people will say they put nothing down but then you find out they had a trade in. Id do 850 in a second Last edited by firestarter2; 05-09-2016 at 08:44 AM.. |
|
Appreciate
0
|
05-08-2016, 10:14 AM | #153 | ||
Lieutenant General
3689
Rep 15,081
Posts
Drives: '16 M2, '23 GT4
Join Date: May 2007
Location: NJ
|
Quote:
__________________
IG: Trackinheels
|
||
Appreciate
0
|
05-09-2016, 09:06 AM | #154 |
never could compete with Lloyd Braun
5272
Rep 5,378
Posts |
My lease is $829/mo from a PA dealer with nothing but sales tax, doc. fee, acquisition fee and first months payment down on a $79k sticker F80. I broke even on my e92 M3 trade-in. I live in NJ.
The deals were out there last year when the residual was .65 and MF was .00129. My deal wasn't even that great at ~$1500 over invoice. I had an F80 on order at the time with another dealer for $850 over invoice but I ended up liking this car better so I canceled the order.
__________________
2022 G80 M3 6MT | Skyscraper Gray | Kyalami Orange
2018 F87 M2 6MT | Alpine White (sold) 2016 981 Cayman 6MT | Jet Black (sold) 2015 F80 M3 DCT | Tanzanite Blue | Gold Brown (sold) 2013 E92 M3 6MT | Mineral White | Fox Red/Black (sold) |
Appreciate
0
|
Post Reply |
Bookmarks |
Thread Tools | Search this Thread |
|
|