57% residual on M3 Coupe for May 2010?

bonwit904 · 05-06-2010, 11:06 PM

I saw something on ridewithg.com that said that 2011 M3 e92 was 57% residual on a 36 month lease - is this a typo??

That seems really really good?

Crazy Bimmer · 05-06-2010, 11:23 PM

2011 BMW M3 Sedan
24 Month – Residual 59% of MSRP – .00230 Base Rate
36 Month – Residual 52% of MSRP – .00230 Base Rate
48 Month – Residual 42% of MSRP – .00235 Base Rate
60 Month – Residual 34% of MSRP – .00235 Base Rate

2011 BMW M3 Coupe
24 Month – Residual 63% of MSRP – .00230 Base Rate
36 Month – Residual 57% of MSRP – .00230 Base Rate
48 Month – Residual 43% of MSRP – .00235 Base Rate
60 Month – Residual 35% of MSRP – .00235 Base Rate

2011 BMW M3 Convertible
24 Month – Residual 70% of MSRP – .00230 Base Rate
36 Month – Residual 64% of MSRP – .00230 Base Rate
48 Month – Residual 40% of MSRP – .00235 Base Rate
60 Month – Residual 32% of MSRP – .00235 Base Rate

This is from leasecompare, guess its not a typeo after all.

duk · 05-07-2010, 12:19 AM

wow nice

trendy26 · 05-07-2010, 07:42 AM

what about 2010's?

M2audioman · 05-07-2010, 03:38 PM

I guess im confused as to why that is so "great." They increased the money factor substantially, so it cancels out any savings you would see from the increased residual. Your payment actually goes up slightly.

BMW3R · 05-07-2010, 03:49 PM

Quote:

Originally Posted by 335audioman

I guess im confused as to why that is so "great." They increased the money factor substantially, so it cancels out any savings you would see from the increased residual. Your payment actually goes up slightly.

My lease dropped over $4,000 from my locked rate in March. I actually thought there was an error as well!

Leonardo629 · 05-07-2010, 09:59 PM

Quote:

Originally Posted by 335audioman

I guess im confused as to why that is so "great." They increased the money factor substantially, so it cancels out any savings you would see from the increased residual. Your payment actually goes up slightly.

It's great because the residual posted for April was a lot lower......I think you are comparing MY2010 april rates to MY2011 May rates, which is not a fair comparison.

April

2010 BMW M3 Sedan
24 Month – Residual 51% of MSRP – .00125 Base Rate
36 Month – Residual 46% of MSRP – .00125 Base Rate
48 Month – Residual 37% of MSRP – .00240 Base Rate
60 Month – Residual 30% of MSRP – .00240 Base Rate

2010 BMW M3 Coupe
24 Month – Residual 51% of MSRP – .00125 Base Rate
36 Month – Residual 47% of MSRP – .00125 Base Rate
48 Month – Residual 37% of MSRP – .00240 Base Rate
60 Month – Residual 31% of MSRP – .00240 Base Rate

2010 BMW M3 Convertible
24 Month – Residual 49% of MSRP – .00125 Base Rate
36 Month – Residual 45% of MSRP – .00125 Base Rate
48 Month – Residual 36% of MSRP – .00240 Base Rate

April

2011 BMW M3 Sedan
24 Month – Residual 57% of MSRP – .00240 Base Rate
36 Month – Residual 49% of MSRP – .00240 Base Rate
48 Month – Residual 41% of MSRP – .00240 Base Rate
60 Month – Residual 34% of MSRP – .00240 Base Rate

2011 BMW M3 Coupe
24 Month – Residual 58% of MSRP – .00240 Base Rate
36 Month – Residual 50% of MSRP – .00240 Base Rate
48 Month – Residual 42% of MSRP – .00240 Base Rate
60 Month – Residual 35% of MSRP – .00240 Base Rate

2011 BMW M3 Convertible
24 Month – Residual 55% of MSRP – .00240 Base Rate
36 Month – Residual 47% of MSRP – .00240 Base Rate
48 Month – Residual 38% of MSRP – .00240 Base Rate
60 Month – Residual 31% of MSRP – .00240 Base Rate

stevenross · 05-09-2010, 09:07 AM

the residual sounds awesome on the 11's for may.. has anyone priced a lease out with may pricing for a well equiped E92? can pm me..

thanks in advance,
Steven

Quote:

Originally Posted by Leonardo629

It's great because the residual posted for April was a lot lower......I think you are comparing MY2010 april rates to MY2011 May rates, which is not a fair comparison.

April

2010 BMW M3 Sedan
24 Month – Residual 51% of MSRP – .00125 Base Rate
36 Month – Residual 46% of MSRP – .00125 Base Rate
48 Month – Residual 37% of MSRP – .00240 Base Rate
60 Month – Residual 30% of MSRP – .00240 Base Rate

2010 BMW M3 Coupe
24 Month – Residual 51% of MSRP – .00125 Base Rate
36 Month – Residual 47% of MSRP – .00125 Base Rate
48 Month – Residual 37% of MSRP – .00240 Base Rate
60 Month – Residual 31% of MSRP – .00240 Base Rate

2010 BMW M3 Convertible
24 Month – Residual 49% of MSRP – .00125 Base Rate
36 Month – Residual 45% of MSRP – .00125 Base Rate
48 Month – Residual 36% of MSRP – .00240 Base Rate

April

2011 BMW M3 Sedan
24 Month – Residual 57% of MSRP – .00240 Base Rate
36 Month – Residual 49% of MSRP – .00240 Base Rate
48 Month – Residual 41% of MSRP – .00240 Base Rate
60 Month – Residual 34% of MSRP – .00240 Base Rate

2011 BMW M3 Coupe
24 Month – Residual 58% of MSRP – .00240 Base Rate
36 Month – Residual 50% of MSRP – .00240 Base Rate
48 Month – Residual 42% of MSRP – .00240 Base Rate
60 Month – Residual 35% of MSRP – .00240 Base Rate

2011 BMW M3 Convertible
24 Month – Residual 55% of MSRP – .00240 Base Rate
36 Month – Residual 47% of MSRP – .00240 Base Rate
48 Month – Residual 38% of MSRP – .00240 Base Rate
60 Month – Residual 31% of MSRP – .00240 Base Rate

bonwit904 · 05-09-2010, 12:05 PM

Quote:

Originally Posted by 335audioman

I guess im confused as to why that is so "great." They increased the money factor substantially, so it cancels out any savings you would see from the increased residual. Your payment actually goes up slightly.

I am not entirely sure how you figure this...

using just MSRP prices for comparison purposes on a lease calculator and the MY2010 rates from April - the MY2011 lease payment on a 36 month lease is about 80 dollars a month less on a car with an MSRP of 72k.

Any way you cut it, its cheaper...and not by a small margin

stevenross · 05-10-2010, 09:17 AM

Quote:

Originally Posted by bonwit904

I am not entirely sure how you figure this...

using just MSRP prices for comparison purposes on a lease calculator and the MY2010 rates from April - the MY2011 lease payment on a 36 month lease is about 80 dollars a month less on a car with an MSRP of 72k.

Any way you cut it, its cheaper...and not by a small margin

thank u very much

Georgeair · 05-10-2010, 09:48 AM

Are there any other non-leasers who look at this and think "shit, my car's worth <$20K in five years!"? I know that's not precisely how it works, but it's an indicator......

e46e92love · 05-18-2010, 12:59 PM

Quote:

Originally Posted by Georgeair

Are there any other non-leasers who look at this and think "shit, my car's worth <$20K in five years!"? I know that's not precisely how it works, but it's an indicator......

Nah, just got remember, a car like this is a toy, not an appreciable asset. So just enjoy it

Cheers,
e46e92

Leonardo629 · 05-18-2010, 05:52 PM

My client advisor just locked the May rate for my M3 coupe lease, here's the break down.

2011 M3 coupe
aw
fox red interior
carbon trim
ZPP
ZCP
ZTP
premium sound
ipod/usb

$975/month, 36month lease, 12000mi/year

payments includes CA 9.75% sales tax, zero cap reduction, with all fees and acquisition paid upfront, 7 MSDs.

Delivery date is Aug, if rate improves...then I'll be able to lease with the better rate since I'm locked for 3 months.

kaykay · 05-18-2010, 05:58 PM

I'm not sure how much higher these residuals will go, they are ridiculously high in a very good way for MY2011 at the moment (May rates). I don't think they'll go higher in June, if they do, maybe 2-5% at best.

The E93 has some absolutely ABSURD residuals and from speaking to a member here, is actually cheaper to lease than a LOWER PRICE E92 coupe!

Great residuals at the moment, lock those up!

bmwboi · 05-18-2010, 07:38 PM

Quote:

Originally Posted by Leonardo629

My client advisor just locked the May rate for my M3 coupe lease, here's the break down.

2011 M3 coupe
aw
fox red interior
carbon trim
ZPP
ZCP
ZTP
premium sound
ipod/usb

$975/month, 36month lease, 12000mi/year

payments includes CA 9.75% sales tax, zero cap reduction, with all fees and acquisition paid upfront, 7 MSDs.

Delivery date is Aug, if rate improves...then I'll be able to lease with the better rate since I'm locked for 3 months.

So from the day you place your order to the day it is delivered, as long as you're locked in to the current rate you can use a rate change if it is to your advantage?

Quote:

Originally Posted by kaykay

I'm not sure how much higher these residuals will go, they are ridiculously high in a very good way for MY2011 at the moment (May rates). I don't think they'll go higher in June, if they do, maybe 2-5% at best.

The E93 has some absolutely ABSURD residuals and from speaking to a member here, is actually cheaper to lease than a LOWER PRICE E92 coupe!

Great residuals at the moment, lock those up!

These residual are making for some really attractive leases and that would be insane if BMW increases them or at least keeps them same and lowers the money factor. Also, I thought I read somewhere that the rates for M's change every two months, so the next change will be in July?

In any event, my SA at the dealer told me for ED I should order in Septmeber for a December delivery, which works out perfectly. Is there some way I can give a deposit right now and be locked into these rates but not actually have the order placed till early September?

It wouldn't make sense these lease rates to get any worse because I'm sure they want to push the 2011's now through year end but you never know.

kaykay · 05-18-2010, 08:10 PM

Quote:

Originally Posted by bmwboi

So from the day you place your order to the day it is delivered, as long as you're locked in to the current rate you can use a rate change if it is to your advantage?

These residual are making for some really attractive leases and that would be insane if BMW increases them or at least keeps them same and lowers the money factor. Also, I thought I read somewhere that the rates for M's change every two months, so the next change will be in July?

In any event, my SA at the dealer told me for ED I should order in Septmeber for a December delivery, which works out perfectly. Is there some way I can give a deposit right now and be locked into these rates but not actually have the order placed till early September?

It wouldn't make sense these lease rates to get any worse because I'm sure they want to push the 2011's now through year end but you never know.

I don't think they'll go up for June but they might - you never know. They're pretty impressive at the moment.

No, the rates are different every month - doesn't matter what car it is.

You can lock rates for I believe 3 months from the date of delivery. I could be wrong, it could be more.

Basically, if you order a car now, you can lock May's rates for your delivery which will be August. I don't think you can lock May rates on a car ordered in September.

BMWDavid · 05-18-2010, 09:25 PM

Quote:

Originally Posted by kaykay

I don't think they'll go up for June but they might - you never know. They're pretty impressive at the moment.

No, the rates are different every month - doesn't matter what car it is.

You can lock rates for I believe 3 months from the date of delivery. I could be wrong, it could be more.

Basically, if you order a car now, you can lock May's rates for your delivery which will be August. I don't think you can lock May rates on a car ordered in September.

BMW FS program locks are valid for sixty days from the end of the current program you are locked in for. A May approval would expire at the end of July.

jlee · 05-18-2010, 09:26 PM

these residuals are for 10,000 miles ? I showed the rates above to my salesman and he said they were for 10,000 miles and the money factor goes up to .00245 if I waive the security deposit. Also they seem to add another .0040 to the rate for their piece of the action.

I ran it in leaseguide.com but the numbers there seem too low ? is there a better site to run leases ?

Thanks

Jeff

Leonardo629 · 05-18-2010, 10:02 PM

Jeff,

those residuals are for 15,000miles, so add 2% if you opt for 12,000 miles and add 3% if you opt for 10,000 miles.

Example, my M3 coupe lease is for 36 month, 12000mi/year, so my residual is 59%..which is awesome for a M3

2011 BMW M3 Sedan
24 Month – Residual 59% of MSRP – .00230 Base Rate
36 Month – Residual 52% of MSRP – .00230 Base Rate
48 Month – Residual 42% of MSRP – .00235 Base Rate
60 Month – Residual 34% of MSRP – .00235 Base Rate

2011 BMW M3 Coupe
24 Month – Residual 63% of MSRP – .00230 Base Rate
36 Month – Residual 57% of MSRP – .00230 Base Rate
48 Month – Residual 43% of MSRP – .00235 Base Rate
60 Month – Residual 35% of MSRP – .00235 Base Rate

2011 BMW M3 Convertible
24 Month – Residual 70% of MSRP – .00230 Base Rate
36 Month – Residual 64% of MSRP – .00230 Base Rate
48 Month – Residual 40% of MSRP – .00235 Base Rate
60 Month – Residual 32% of MSRP – .00235 Base Rate

Quote:

Originally Posted by jlee

these residuals are for 10,000 miles ? I showed the rates above to my salesman and he said they were for 10,000 miles and the money factor goes up to .00245 if I waive the security deposit. Also they seem to add another .0040 to the rate for their piece of the action.

I ran it in leaseguide.com but the numbers there seem too low ? is there a better site to run leases ?

Thanks

Jeff

jlee · 05-18-2010, 10:08 PM

That's fascinating. So for a 2011 m3 convertible 10,000 miles a year it's a 73%. Residual ?? That doesn't make sense. That means you should be able to lease a base convertible for $700 to $750 a month ?

Frozen Black Panther · 05-19-2010, 12:57 AM

eggs actly why i leased a fully loaded 2011 e93 the price dropped like $400 a month for a lease

kaykay · 05-19-2010, 01:58 AM

Quote:

Originally Posted by Leonardo629

Jeff,

those residuals are for 15,000miles, so add 2% if you opt for 12,000 miles and add 3% if you opt for 10,000 miles.

Example, my M3 coupe lease is for 36 month, 12000mi/year, so my residual is 59%..which is awesome for a M3

+1

These are truly outstanding numbers for M3's. Lock those rates!

05-06-2010, 11:06 PM	#1
bonwit904 Second Lieutenant 121 Rep 204 Posts Drives: 2022 M5C Join Date: Apr 2009 Location: NY iTrader: (0)	57% residual on M3 Coupe for May 2010? I saw something on ridewithg.com that said that 2011 M3 e92 was 57% residual on a 36 month lease - is this a typo?? That seems really really good?
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05-06-2010, 11:23 PM	#2
Crazy Bimmer The Jesal 391 Rep 5,859 Posts Drives: E90 M3 Join Date: Nov 2005 Location: Chicago IL iTrader: (20) Garage List 2009 BMW M3 [0.00]	2011 BMW M3 Sedan 24 Month – Residual 59% of MSRP – .00230 Base Rate 36 Month – Residual 52% of MSRP – .00230 Base Rate 48 Month – Residual 42% of MSRP – .00235 Base Rate 60 Month – Residual 34% of MSRP – .00235 Base Rate 2011 BMW M3 Coupe 24 Month – Residual 63% of MSRP – .00230 Base Rate 36 Month – Residual 57% of MSRP – .00230 Base Rate 48 Month – Residual 43% of MSRP – .00235 Base Rate 60 Month – Residual 35% of MSRP – .00235 Base Rate 2011 BMW M3 Convertible 24 Month – Residual 70% of MSRP – .00230 Base Rate 36 Month – Residual 64% of MSRP – .00230 Base Rate 48 Month – Residual 40% of MSRP – .00235 Base Rate 60 Month – Residual 32% of MSRP – .00235 Base Rate This is from leasecompare, guess its not a typeo after all. __________________ 2009 E90 M3 - SOLD
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05-07-2010, 12:19 AM	#3
duk ///M 158 Rep 3,195 Posts Drives: 2011 AW/FR 6MT E92 Join Date: Jun 2007 Location: Irvine, CA iTrader: (0)	wow nice __________________ 2011.5 AW/FR E92 M3 6MT
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05-07-2010, 07:42 AM	#4
trendy26 Captain 424 Rep 965 Posts Drives: 2017 F82 M4 Join Date: Nov 2008 Location: Florida iTrader: (0)	what about 2010's?
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05-07-2010, 03:38 PM	#5
M2audioman Captain 197 Rep 837 Posts Drives: 2018 M2 Join Date: Apr 2007 Location: Bay Area, CA iTrader: (0)	I guess im confused as to why that is so "great." They increased the money factor substantially, so it cancels out any savings you would see from the increased residual. Your payment actually goes up slightly.
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05-10-2010, 09:48 AM	#11
Georgeair Captain 80 Rep 803 Posts Drives: '08 Melbourne E92 M3 Join Date: Apr 2009 Location: Madison, MS iTrader: (2)	Are there any other non-leasers who look at this and think "shit, my car's worth <$20K in five years!"? I know that's not precisely how it works, but it's an indicator...... __________________ Objects in mirror are slower than they appear.
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05-18-2010, 05:52 PM	#13
Leonardo629 Lieutenant Colonel 168 Rep 1,792 Posts Drives: 2013 M3 Coupe Join Date: Sep 2006 Location: Taiwan iTrader: (10)	My client advisor just locked the May rate for my M3 coupe lease, here's the break down. 2011 M3 coupe aw fox red interior carbon trim ZPP ZCP ZTP premium sound ipod/usb $975/month, 36month lease, 12000mi/year payments includes CA 9.75% sales tax, zero cap reduction, with all fees and acquisition paid upfront, 7 MSDs. Delivery date is Aug, if rate improves...then I'll be able to lease with the better rate since I'm locked for 3 months.
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05-18-2010, 05:58 PM	#14
kaykay Lieutenant Colonel 90 Rep 1,769 Posts Drives: 2011 E92 M3 ZCP Join Date: Apr 2010 Location: SoCal iTrader: (0) Garage List 2011 E93 328i Conve ... [9.50] 2011 E92 M3 ZCP [8.66] 2008 550i Sport [10.00]	I'm not sure how much higher these residuals will go, they are ridiculously high in a very good way for MY2011 at the moment (May rates). I don't think they'll go higher in June, if they do, maybe 2-5% at best. The E93 has some absolutely ABSURD residuals and from speaking to a member here, is actually cheaper to lease than a LOWER PRICE E92 coupe! Great residuals at the moment, lock those up! __________________ '12 CLS550 Palladium Silver - loaded '11 E92 M3 ZCP - SG/B-EXT/CF, M-DCT, loaded '11 E93 328i, BSM over Saddle Brown, sport, loaded '08 550i M-Sport, Carbon Black (Gone but not forgotten), '06 W211 E55 AMG (Gone, miss this animal),'01 E39 540i Sport
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05-18-2010, 09:26 PM	#18
jlee Captain 168 Rep 773 Posts Drives: M2CS+GTS Targa+RRS SVR Join Date: Jun 2008 Location: Washington DC iTrader: (1)	these residuals are for 10,000 miles ? I showed the rates above to my salesman and he said they were for 10,000 miles and the money factor goes up to .00245 if I waive the security deposit. Also they seem to add another .0040 to the rate for their piece of the action. I ran it in leaseguide.com but the numbers there seem too low ? is there a better site to run leases ? Thanks Jeff
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05-18-2010, 10:08 PM	#20
jlee Captain 168 Rep 773 Posts Drives: M2CS+GTS Targa+RRS SVR Join Date: Jun 2008 Location: Washington DC iTrader: (1)	That's fascinating. So for a 2011 m3 convertible 10,000 miles a year it's a 73%. Residual ?? That doesn't make sense. That means you should be able to lease a base convertible for $700 to $750 a month ?
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05-19-2010, 12:57 AM	#21
Frozen Black Panther Captain 67 Rep 927 Posts Drives: 2013 550 DINAN STAGE 2 Join Date: May 2010 Location: NYC/CHICAGO iTrader: (0)	eggs actly why i leased a fully loaded 2011 e93 the price dropped like $400 a month for a lease
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