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      02-23-2014, 12:50 AM   #23
dagolfpro
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Quote:
Originally Posted by ///M Ryder View Post
M3's are bringing better than residual right now so it will be very hard to convince the dealer to lower your buyout. Hell, they're hoping you turn it in so they can flip it.......Phil
Phil,

that's what I'm afraid of. My lease is due in October, maybe things will change by then...
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      02-23-2014, 12:58 AM   #24
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Quote:
Originally Posted by dagolfpro View Post
Phil,

that's what I'm afraid of. My lease is due in October, maybe things will change by then...
You may be in a better position than I was. By then the F80 should be on the street and the E9X demand will taper off some. My dealer also figured out I had no plans to lease end mine when I showed up with all the mods They had half the dealership out looking at the car trying to guess how much money I had put into it...............Phil
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      02-23-2014, 01:12 AM   #25
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Quote:
Originally Posted by ///M Ryder View Post
M3's are bringing better than residual right now so it will be very hard to convince the dealer to lower your buyout. Hell, they're hoping you turn it in so they can flip it.......Phil
Phil, not really. The new M3 is going to be out soon. People will be dumping E9X chassis in favor for the new chassis.
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      02-23-2014, 01:21 AM   #26
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my lease is up in September, im having the EXACT same thoughts...

interesting comments
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      02-23-2014, 01:23 AM   #27
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Originally Posted by positiveions View Post
Phil, not really. The new M3 is going to be out soon. People will be dumping E9X chassis in favor for the new chassis.
I agree to a degree........as the F8X gets closer the E9X will start to saturate the market. But right now the E9x is still doing well. When people decide to start trading them in as opposed to selling them private party the E9x value game will see a decline quickly..........Phil
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      02-23-2014, 11:53 AM   #28
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Nick Alexander recently knocked about $1,500 off my residual on my buyout. I have stripper, and maybe they didn't want it back, but I still love it.
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      02-23-2014, 02:32 PM   #29
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i struggle to see there is even a debate on what WILL happen when new model comes out. its the year 2014, cant we just look at what values did in the past?
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      02-23-2014, 04:32 PM   #30
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Quote:
Originally Posted by bsiciliano View Post
Nick Alexander recently knocked about $1,500 off my residual on my buyout. I have stripper, and maybe they didn't want it back, but I still love it.
did you buy your car from them as well?
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      02-23-2014, 09:07 PM   #31
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Yes
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      02-23-2014, 11:55 PM   #32
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Quote:
Originally Posted by bsiciliano View Post
Nick Alexander recently knocked about $1,500 off my residual on my buyout. I have stripper, and maybe they didn't want it back, but I still love it.
They probably would have discounted more. Actually, stripper cars are more appealing to some buyers.
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      05-29-2014, 01:49 PM   #33
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Just an update to this thread. I ended up buying the lease out! Here's what I learned:

- BMWFS will not negotiate. It must be the dealer. If the dealership tells you it's BMWFS that negotiates, they are wrong.
- If the dealership says they can't negotiate, this is a lie. Anything is negotiable. I had one start off like this until I mentioned another dealership offered me lower and they changed their tune.
- Probably the best time to negotiate is within the last month of your lease ending.
- Contrary to what's been said in this thread, ANY dealership can negotiate the residual. It does not have to be who you bought it from.

So I ended up negotiating about $4xxx below my residual. I was pretty happy with that and went with it. Hope this info helps others.
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      05-29-2014, 04:56 PM   #34
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Quote:
Originally Posted by masamune View Post
Just an update to this thread. I ended up buying the lease out! Here's what I learned:

- BMWFS will not negotiate. It must be the dealer. If the dealership tells you it's BMWFS that negotiates, they are wrong.
- If the dealership says they can't negotiate, this is a lie. Anything is negotiable. I had one start off like this until I mentioned another dealership offered me lower and they changed their tune.
- Probably the best time to negotiate is within the last month of your lease ending.
- Contrary to what's been said in this thread, ANY dealership can negotiate the residual. It does not have to be who you bought it from.

So I ended up negotiating about $4xxx below my residual. I was pretty happy with that and went with it. Hope this info helps others.

Congratulations!
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      05-29-2014, 10:18 PM   #35
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Quote:
Originally Posted by masamune View Post
Just an update to this thread. I ended up buying the lease out! Here's what I learned:

- BMWFS will not negotiate. It must be the dealer. If the dealership tells you it's BMWFS that negotiates, they are wrong.
- If the dealership says they can't negotiate, this is a lie. Anything is negotiable. I had one start off like this until I mentioned another dealership offered me lower and they changed their tune.
- Probably the best time to negotiate is within the last month of your lease ending.
- Contrary to what's been said in this thread, ANY dealership can negotiate the residual. It does not have to be who you bought it from.

So I ended up negotiating about $4xxx below my residual. I was pretty happy with that and went with it. Hope this info helps others.
That's great. I was told the same thing, to negotiate with the dealers directly.

I started similar thread last month as well.

http://www.m3post.com/forums/showthread.php?t=977202

Glad to hear that some dealers are still willing to negotiate.
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      05-30-2014, 02:24 AM   #36
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4k below buy out sounds perfect!
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      05-30-2014, 09:28 AM   #37
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I want to buy my 2013 e92 out too, and lease the new M4 by then.

Last edited by Leonardo629; 05-30-2014 at 02:18 PM.
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      05-30-2014, 04:28 PM   #38
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Quote:
Originally Posted by ///M Ryder View Post
M3's are bringing better than residual right now so it will be very hard to convince the dealer to lower your buyout. Hell, they're hoping you turn it in so they can flip it.......Phil
You would think that, but it's not always the case. BMW NA ultimately wants to sell as many new cars as possible. They make lease incentives with a high residual which in turn lowers the lease payment. At the end of the lease, many of their vehicle have negative equity because of this. The dealership who handled the lease return will have the first right of refusal to buy out the lease for their used car inventory. On a twice monthly basis i see Manheim Auctions locally in Hawaii flooded with BMW lease returns. If its so lucrative to flip the lease returns, i wouldn't be seeing nearly as much BMW lease returns at Manheim.

I've read several times about how a BMW dealership has the option to buyout a lease within the last 3 months for "auction value". I'm still trying to figure out which auction value they are looking at but i'm guessing it's KBB hard book auction values. Hard book being the actual small blue book that dealers carry. Once again this is just a guess.
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      05-30-2014, 04:36 PM   #39
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Quote:
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So I ended up negotiating about $4xxx below my residual. I was pretty happy with that and went with it. Hope this info helps others.
Fantastic! Thx for the info--I learned something new today...

And the good news is that you bought a used car treated exactly how you would treat your own car lol!

Congrats on your savings ;-)
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      05-30-2014, 04:48 PM   #40
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Quote:
Originally Posted by masamune View Post
Just an update to this thread. I ended up buying the lease out! Here's what I learned:

- BMWFS will not negotiate. It must be the dealer. If the dealership tells you it's BMWFS that negotiates, they are wrong.
- If the dealership says they can't negotiate, this is a lie. Anything is negotiable. I had one start off like this until I mentioned another dealership offered me lower and they changed their tune.
- Probably the best time to negotiate is within the last month of your lease ending.
- Contrary to what's been said in this thread, ANY dealership can negotiate the residual. It does not have to be who you bought it from.

So I ended up negotiating about $4xxx below my residual. I was pretty happy with that and went with it. Hope this info helps others.
Just noticed this. Awesome news!
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      05-30-2014, 08:38 PM   #41
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Keep your S65 M3, if you don't you will regret it. I sold my 2011 and 6 months later I took a huge hit trading in the X6M I replaced it with for another S65 M3.

The first and LAST V8 M3. The last N/A m car, the last hard core M car IMHO. I say this even though I also have a 2014 M6(manual). Sorry Phil, no nanny tranny.

The turbo engine is a technical monster but lacks the "soul" of the S65 V8.
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      05-30-2014, 08:49 PM   #42
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Sorry Phil, no nanny tranny.
The nanny tranny will spank some fanny ............Phil
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      05-31-2014, 12:40 AM   #43
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      07-07-2014, 07:44 AM   #44
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