How accurate are the residual values bmw gives on leases?

xtac · 05-17-2009, 11:58 AM

It say 57% for a 09 335i coupe for 36 months, what do you think?

BMW F22 · 05-17-2009, 12:18 PM

What do we think about what? I mean the RV is what it is (pretty much set) so it doesn't matter what WE think. I mean it's not like you can tell them "hey I don't think it's accurate so you need to adjust it."

xtac · 05-17-2009, 12:19 PM

Quote:

Originally Posted by BMW E90

What do we think about what? I mean the RV is what it is (pretty much set) so it doesn't matter what WE think. I mean it's not like you can tell them "hey I don't think it's accurate so you need to adjust it."

Obviously not, I'm asking has it been accurate in the past, can one actually rely on it.

Digtlartst · 05-17-2009, 01:01 PM

BMW's .9 financing specifically on 06 CPOs would imply to me that there's a glut of 06s on the market coming off leases, so their original RVs may have been too high and people are walking away from them, but I may be totally wrong and it's just a bad-economic-times thing. Maybe the .9 is just to get people into the dealerships. It got me in. The car market is pretty weird these days. so I'm not sure how well they can predict 09 RVs for the 2012 market.

NoMods · 05-17-2009, 01:43 PM

i just had a brain fart, but is higher the better or vice versa on residuals?

armenh · 05-17-2009, 04:42 PM

Quote:

Originally Posted by armoredsaint

i just had a brain fart, but is higher the better or vice versa on residuals?

the higher the lower your lease rate...but more you must pay for buyout

hotrod2448 · 05-17-2009, 06:53 PM

I'm pretty sure it's specifically engineered to be higher then the actual value of the car so people continue to lease new cars and to turn in their cars so they can be CPO'd and sold.

I know the RV on my wife's 335 was very close to what we could pick up a one year older CPO'd 7er for.

Roowah · 05-17-2009, 09:31 PM

Well, in the past the residual was pretty much set in stone when it came to the purchase option at the end of the lease. Nowadays, it is very negotiable. I just purchased my vehicle off its lease, and was able to get what I think was a very good deal.

Of course, the residual percentage when starting a lease is set by BMWFS, and is not negotiable. It only varies to account for term, model, and mileage.

05-17-2009, 11:58 AM	#1
xtac Captain 155 Rep 780 Posts Drives: 17 F80 Comp Join Date: Jan 2009 Location: Long Island iTrader: (2)	How accurate are the residual values bmw gives on leases? It say 57% for a 09 335i coupe for 36 months, what do you think?
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05-17-2009, 12:18 PM	#2
BMW F22 Major General 3566 Rep 9,788 Posts Drives: ///M235i Join Date: Nov 2005 Location: Bay Area iTrader: (8)	What do we think about what? I mean the RV is what it is (pretty much set) so it doesn't matter what WE think. I mean it's not like you can tell them "hey I don't think it's accurate so you need to adjust it."
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05-17-2009, 01:01 PM	#4
Digtlartst Second Lieutenant 7 Rep 292 Posts Drives: 2011 E90 328xi 6MT Alpinweiss Join Date: Apr 2009 Location: Inside The Beltway iTrader: (0) Garage List 2014 BMW 535i X-Drive [0.00] 2004 BMW 325cic 5MT [0.00] 2016 BMW R1200RT [0.00] 2011 BMW 328xi 6MT [0.00]	BMW's .9 financing specifically on 06 CPOs would imply to me that there's a glut of 06s on the market coming off leases, so their original RVs may have been too high and people are walking away from them, but I may be totally wrong and it's just a bad-economic-times thing. Maybe the .9 is just to get people into the dealerships. It got me in. The car market is pretty weird these days. so I'm not sure how well they can predict 09 RVs for the 2012 market.
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05-17-2009, 01:43 PM	#5
NoMods Colonel 1108 Rep 2,326 Posts Drives: 2022 M5 Join Date: May 2006 Location: USA iTrader: (10) Garage List 2022 M5 [10.00]	i just had a brain fart, but is higher the better or vice versa on residuals?
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05-17-2009, 06:53 PM	#7
hotrod2448 grand poobah 254 Rep 2,253 Posts Drives: F80 M3, F10 535i Join Date: Dec 2006 Location: Charlotte, NC iTrader: (0) Garage List 2011 335d [0.00]	I'm pretty sure it's specifically engineered to be higher then the actual value of the car so people continue to lease new cars and to turn in their cars so they can be CPO'd and sold. I know the RV on my wife's 335 was very close to what we could pick up a one year older CPO'd 7er for.
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05-17-2009, 09:31 PM	#8
Roowah Captain 28 Rep 811 Posts Drives: 2006 E90 330i 6MT Join Date: Jan 2007 Location: Cambridge, MA iTrader: (0)	Well, in the past the residual was pretty much set in stone when it came to the purchase option at the end of the lease. Nowadays, it is very negotiable. I just purchased my vehicle off its lease, and was able to get what I think was a very good deal. Of course, the residual percentage when starting a lease is set by BMWFS, and is not negotiable. It only varies to account for term, model, and mileage. __________________ 2006 E90 330i 6MT: TiAg\|Black Leather\|Poplar Trim\|Premium Package\|Cold Weather Package 2003 E46 325i 5MT: Retired - The beginning of my BMW obsession!
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