07-14-2015, 04:10 PM | #23 |
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1% increase in residual if august rates go up saves me $20 a month. I guess its worth the wait so until then, i will lock in the july rates with an options to jump on august/sept rates.
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07-14-2015, 04:22 PM | #24 |
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This sucks more in the academic sense than reality. <100/month shouldn't kill anyone's chance at the car.
Truly disappointed for the 2016 crowd.
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07-14-2015, 04:33 PM | #25 |
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Well, for those who were considering financing the vehicle this tips that option slightly more into favor. Breakeven between leasing and financing/selling is somewhere between 3 and 4 years so do the math. There are lots of assumptions and variables in the analysis of course, but the lower the residual, the better the chance that you can resell the car at or higher than the residual rate. While you have a higher payment, you also have equity at the end of 3 years to offset those payments, and you pay a lower financing charge (financing rates are usually lower than the MF rates). In states where you have to pay full taxes on the leased vehicle financing is a no-brainer, but in states where you only pay taxes on depreciation, the lower financing rate vs MF rate can help offset that. Usually at 3 years, leasing is still a better deal, but if you can stretch holding the car an extra year financing becomes cheaper and small things like this (lower residual, higher MF) can tip the balance for some.
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07-14-2015, 04:45 PM | #26 |
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Do residuals usually decrease when the next model year is first released? Do they typically increase after a few months So pissed I missed out on 65% a few months back.
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07-14-2015, 04:45 PM | #27 | |
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Quote:
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07-14-2015, 04:52 PM | #28 |
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I'm not understanding your math at 800 a month you are only paying 48k over 60 months.
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07-14-2015, 04:54 PM | #29 |
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Hopefully, this isn't a surprise to anybody. Higher residuals toward the end of a model year (2015) to create higher demand and move inventory/allocations. Lower residuals at the start of a new model year (2016) because demand will be higher naturally. This is probably exaggerated further when the new model year ushers in an LCI or new platform.
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07-14-2015, 04:59 PM | #30 |
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07-14-2015, 05:02 PM | #31 |
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I said quick math right . My apologies, I didn't include the rest of the DP from selling my current vehicle (paid off). I was strictly looking at money financed and payments.
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07-14-2015, 11:57 PM | #32 |
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With 2015 still on the lots, you aren't going to get the best deal. Give it a few months.
Dave
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07-15-2015, 05:14 AM | #33 |
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Wow those are practically m6 numbers!
Most likely going to have to lease take over an f8x for Daily driving purposes if those residuals don't rise
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07-15-2015, 07:23 AM | #34 |
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If i lose out on my incentive(s), take 3% residual hit, so long M3. Seems people on this forum will pay anything for this car but for me this is bait n switch and I would back out if this holds true. This entire ordering process without locking numbers was ridiculous and could have saved BMW and myself the hassle. I really wanted this car but this stinks. To say the residuals and incentives had been to move 15s on the lot was a bunch of bull. There hasnt been any inventory on the lots
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07-15-2015, 02:54 PM | #35 | |
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07-15-2015, 02:59 PM | #36 |
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wow, there's that many M3 out there? I may just as well get a 15 instead..these are stinking #s that I may just not going to get a 16 M3 now..
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07-15-2015, 03:00 PM | #37 |
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I would bet the reason for 2015s still sitting on the lot is not due to lack of demand, but rather dealers holding out for top dollar. They'll likely get that now that the 2016 lease numbers aren't as favorable as those for 2015s. More so for the M3 than the M4.
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07-15-2015, 07:09 PM | #39 |
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Thankfully my 2015 M3 is getting delivered next week. I may have one of the last built M3 for model year but am glad I pulled the trigger especially considering I leased. BMWFS and BMWNA operate independently from what I understand.
The writing has been on the wall for a while. The residual dropped a bit from April/May then held steady to move '15models prior to launch and dealers stopped dealing real quick on '15 models. $100 a month is real money but if you expected residuals to stay flat I think plenty of warning had been out there. Good luck and I hope you still get your M3! |
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07-15-2015, 07:42 PM | #40 | |
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07-15-2015, 07:55 PM | #41 |
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I found this weird. Every time I ordered a car from BMW I knew what my payment would be, unless it was a new model year and pricing hadn't been released.
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07-15-2015, 08:39 PM | #42 |
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so glad i got .65 residual and .00129 mf on my 2015
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07-15-2015, 08:51 PM | #43 |
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This! I can attest to this after inquiring at many many dealers; small to very large market areas. Also, even If you negotiate they almost always mark-up MF by 1% and add additional fees to ACQ fee / DOC fees. Crazy.
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07-15-2015, 09:18 PM | #44 |
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Since I was having to do Owners Choice because of Ga's screwed up tax situation, it looks like PenFed may be the better route. 1.74% on the interest and the residuals are within spitting distance of BMW's. Looks like we'll actually save a couple thousand over the 36 months...
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