Residual?

G35revup · 05-01-2007, 08:05 PM

I'm going to be ordering a 335i finally on Friday. Space gray/coral. My dealer here told me 60% residual and I noticed while browsing the forum that there were some 71%'ers. I was just curious about what is considered a common residual and what is considered a high? They are knocking $1250 off a 50k msrp, which I am satisfied with. I mainly want to make sure I am not getting jerked around on the leasing end. MF was at 5.28%. I appreciate all the help.

Thank You,
Chris

M3 Piotr · 05-01-2007, 08:11 PM

MF should be more like 0.0150 not 5.28....maybe that's a finance rate?

Navitimer · 05-01-2007, 08:16 PM

Is it possible you were comparing residuals with leases of different terms? For example, the residual for a one or two year lease will be higher than a three year lease.

yuggorf · 05-01-2007, 08:25 PM

One other thing to keep in my mind is that you're paying for an extra eight months of depreciation in May than you would have last October.

TX Coupe · 05-01-2007, 08:45 PM

It probably was a different lease term. Here are some lease rates for April 2007

2007 BMW 328i Convertible
24 Month – Residual 71% of MSRP – .00320 Base Rate
36 Month – Residual 60% of MSRP – .00320 Base Rate
48 Month – Residual 48% of MSRP – .00320 Base Rate
60 Month – Residual 39% of MSRP – .00320 Base Rate

2007 BMW 335i Coupe
24 Month – Residual 68% of MSRP – .00185 Base Rate
36 Month – Residual 58% of MSRP – .00185 Base Rate
48 Month – Residual 43% of MSRP – .00320 Base Rate
60 Month – Residual 35% of MSRP – .00320 Base Rate

Edit - I now these are two difeerent cars, but you get the idea.

klock379 · 05-01-2007, 10:14 PM

Quote:

Originally Posted by yuggorf

One other thing to keep in my mind is that you're paying for an extra eight months of depreciation in May than you would have last October.

Care to elaborate on that?

BTW, my 335i coupe with 36 month term got a 61% residual value

G35revup · 05-02-2007, 08:57 AM

It was based on 36mo. 12k/yr. I think I am going to do 15k/yr though. MF was .0022, but that car lease calculator on the web converted it to 5.28% for some reason. The estimated value of the vehicle after the lease term is
29,5xx, I find it hard to believe it will only be worth that after 3 years. I was thinking somewhere along the line of 35k. I sold my 05 G35 loaded with 19k miles for 28k, paid 36k. Thats 8k depreciation over 2 years. I would think given the demand for this car and that its a BMW, it would hold its value better than an infiniti.

G35revup · 05-08-2007, 12:03 AM

Purchase price $48,675
4900 down (including startups) 36mo. 15k/yr. @ 58% residual, $679 or $697 (incl. tax) (dont have ppw handy with me atm to verify payment) . How does this sound? MF .00150 (using security deposit toward cap reduction)

05-01-2007, 08:05 PM	#1
G35revup V3 Power 21 Rep 358 Posts Drives: Space gray 335i Join Date: Nov 2006 Location: Tampa, Fl. iTrader: (1)	Residual? I'm going to be ordering a 335i finally on Friday. Space gray/coral. My dealer here told me 60% residual and I noticed while browsing the forum that there were some 71%'ers. I was just curious about what is considered a common residual and what is considered a high? They are knocking $1250 off a 50k msrp, which I am satisfied with. I mainly want to make sure I am not getting jerked around on the leasing end. MF was at 5.28%. I appreciate all the help. Thank You, Chris
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05-01-2007, 08:11 PM	#2
M3 Piotr Lieutenant Colonel 402 Rep 1,858 Posts Drives: F80 M3 Frozen Black F87 M2 LBB Join Date: Apr 2007 Location: Florida, USA iTrader: (2) Garage List 2016 BMW F80 M3 [0.00] 2011 BMW E90 M3 (We ... [0.00]	MF should be more like 0.0150 not 5.28....maybe that's a finance rate?
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05-01-2007, 08:16 PM	#3
Navitimer New Member 1 Rep 16 Posts Drives: Land Rover LR3 Join Date: Jan 2007 Location: Charlotte, NC iTrader: (0)	Is it possible you were comparing residuals with leases of different terms? For example, the residual for a one or two year lease will be higher than a three year lease.
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05-01-2007, 08:25 PM	#4
yuggorf New Member 0 Rep 15 Posts Drives: 2007 328i Coupe Join Date: Dec 2006 Location: Alexandria, VA iTrader: (0)	One other thing to keep in my mind is that you're paying for an extra eight months of depreciation in May than you would have last October.
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05-01-2007, 08:45 PM	#5
TX Coupe Second Lieutenant 3 Rep 255 Posts Drives: 335i Coupe Join Date: Apr 2007 Location: DFW, TX iTrader: (0)	It probably was a different lease term. Here are some lease rates for April 2007 2007 BMW 328i Convertible 24 Month – Residual 71% of MSRP – .00320 Base Rate 36 Month – Residual 60% of MSRP – .00320 Base Rate 48 Month – Residual 48% of MSRP – .00320 Base Rate 60 Month – Residual 39% of MSRP – .00320 Base Rate 2007 BMW 335i Coupe 24 Month – Residual 68% of MSRP – .00185 Base Rate 36 Month – Residual 58% of MSRP – .00185 Base Rate 48 Month – Residual 43% of MSRP – .00320 Base Rate 60 Month – Residual 35% of MSRP – .00320 Base Rate Edit - I now these are two difeerent cars, but you get the idea. __________________ 2007 335i E92 - Black Sapphire - Black Interior - Grey Poplar Trim - 6MT - ZSP - ZPP - NAV - CA Ordered 3/24 - Production number 3623XXX - Week 16 Production - Completion date 4/19 At the port of exit 4/21 - On Board COURAGE, delivered to VPC on 5/12 - Delivered May 21
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05-02-2007, 08:57 AM	#7
G35revup V3 Power 21 Rep 358 Posts Drives: Space gray 335i Join Date: Nov 2006 Location: Tampa, Fl. iTrader: (1)	It was based on 36mo. 12k/yr. I think I am going to do 15k/yr though. MF was .0022, but that car lease calculator on the web converted it to 5.28% for some reason. The estimated value of the vehicle after the lease term is 29,5xx, I find it hard to believe it will only be worth that after 3 years. I was thinking somewhere along the line of 35k. I sold my 05 G35 loaded with 19k miles for 28k, paid 36k. Thats 8k depreciation over 2 years. I would think given the demand for this car and that its a BMW, it would hold its value better than an infiniti.
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05-08-2007, 12:03 AM	#8
G35revup V3 Power 21 Rep 358 Posts Drives: Space gray 335i Join Date: Nov 2006 Location: Tampa, Fl. iTrader: (1)	Purchase price $48,675 4900 down (including startups) 36mo. 15k/yr. @ 58% residual, $679 or $697 (incl. tax) (dont have ppw handy with me atm to verify payment) . How does this sound? MF .00150 (using security deposit toward cap reduction)
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