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2019+ BMW 3 AND 4-SERIES FORUMS (G2x Generation) Local Forums UK Revised Residual

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      01-13-2022, 06:43 AM   #1
ZedsRedBaby
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Revised Residual

A bit of good news!

Just had a call from the dealer and apparently residuals on the G23 M440i have been revised upwards to the tune of around £2,500 which knocks nearly £50 off the monthlies
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      01-13-2022, 06:57 AM   #2
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Quote:
Originally Posted by ZedsRedBaby View Post
A bit of good news!

Just had a call from the dealer and apparently residuals on the G23 M440i have been revised upwards to the tune of around £2,500 which knocks nearly £50 off the monthlies
Result mate!

Some consolation for your agonising wait!
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      01-13-2022, 06:59 AM   #3
ZedsRedBaby
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Originally Posted by bmnut View Post
Result mate!

Some consolation for your agonising wait!
Thanks. It means I'll only be paying £2 a month more than I am for the Z4, so the missus can stick that in her pipe and smoke it
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      01-13-2022, 07:02 AM   #4
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Originally Posted by ZedsRedBaby View Post
Thanks. It means I'll only be paying £2 a month more than I am for the Z4, so the missus can stick that in her pipe and smoke it


Love your bravery, just make sure she doesn't 'accidentally' read your posts in the forum like mine did once....got hell for months over it!
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      01-13-2022, 07:07 AM   #5
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Originally Posted by bmnut View Post
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Love your bravery, just make sure she doesn't 'accidentally' read your posts in the forum like mine did once....got hell for months over it!
Ha! To be fair she doesn't give me grief about my cars - they're a lot cheaper than her horse
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      01-13-2022, 07:10 AM   #6
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Originally Posted by ZedsRedBaby View Post
Ha! To be fair she doesn't give me grief about my cars - they're a lot cheaper than her horse
Now there's a really spooky coincidence! Mine too although she doesn't own a dobbin she spends a fortune each week riding every bugger else's !!
Still keeps her happy, out of the way and leaves me in peace with my car!
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      01-13-2022, 07:14 AM   #7
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Originally Posted by bmnut View Post
Now there's a really spooky coincidence! Mine too although she doesn't own a dobbin she spends a fortune each week riding every bugger else's !!
Still keeps her happy, out of the way and leaves me in peace with my car!
Well exactly.

The rationale for buying one was that it was going to be sooooo much cheaper than hiring other people's
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      01-13-2022, 09:40 AM   #8
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Quote:
Originally Posted by ZedsRedBaby View Post
A bit of good news!

Just had a call from the dealer and apparently residuals on the G23 M440i have been revised upwards to the tune of around £2,500 which knocks nearly £50 off the monthlies
Fantastic! I didn't know getting a lower monthly cost was possible if your locked in on finance.
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      01-13-2022, 10:01 AM   #9
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Dont think you are officially locked in until you take hold of the keys though. I guess for the same reason they dont register the car until handover day (or very close), in case you dont turn up to collect it.
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      01-13-2022, 10:14 AM   #10
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Quote:
Originally Posted by ZedsRedBaby View Post
A bit of good news!

Just had a call from the dealer and apparently residuals on the G23 M440i have been revised upwards to the tune of around £2,500 which knocks nearly £50 off the monthlies
Still at 2.9% or has it been upped to 3.9%
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      01-13-2022, 10:59 AM   #11
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Originally Posted by davidoff86 View Post
Still at 2.9% or has it been upped to 3.9%
Still at 2.9%
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      01-13-2022, 11:45 AM   #12
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Quote:
Originally Posted by ZedsRedBaby View Post
Quote:
Originally Posted by davidoff86 View Post
Still at 2.9% or has it been upped to 3.9%
Still at 2.9%
Is this just for the g23 do you know or is this across the range? Hoping I might have similar luck with my g20 that is due to be collected next week
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      01-13-2022, 11:50 AM   #13
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Originally Posted by jdc0907 View Post
Is this just for the g23 do you know or is this across the range? Hoping I might have similar luck with my g20 that is due to be collected next week
Sorry, he just said for 440 convertibles so it's possible but I couldn't say.
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      01-13-2022, 04:36 PM   #14
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My PCP through BMW Financial Services states:

Q4 2021 Select Campaign (2.9%) (G22/G23/G26)

It's one of the reasons my dealer pulled out all the stops to get me the car before year end. Have I mentioned I got order to delivery in under 7 weeks? (I'll stop now)
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      01-13-2022, 06:02 PM   #15
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Originally Posted by TuffLittleUnit View Post
Have I mentioned I got order to delivery in under 7 weeks?
Don't remember you saying that before
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      01-14-2022, 10:44 AM   #16
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Quote:
Originally Posted by jdc0907 View Post
Is this just for the g23 do you know or is this across the range? Hoping I might have similar luck with my g20 that is due to be collected next week
Be interested to find out with my car supposedly not far off.

The difference with G20 / G21 may be that the LCI is just around the corner, don't know if that would have an impact on it or not?
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      01-14-2022, 12:23 PM   #17
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Quote:
Originally Posted by TuffLittleUnit View Post
My PCP through BMW Financial Services states:

Q4 2021 Select Campaign (2.9%) (G22/G23/G26)

It's one of the reasons my dealer pulled out all the stops to get me the car before year end. Have I mentioned I got order to delivery in under 7 weeks? (I'll stop now)
Just spoke to the dealer again. Apparently the residuals were revised on 1 January, so if the car had come in December as originally planned I wouldn't have had the uplift.

So 2.9% and a higher residual. Trebles all round as they say in a well known satirical publication
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      01-14-2022, 02:23 PM   #18
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Quote:
Originally Posted by ZedsRedBaby View Post
A bit of good news!

Just had a call from the dealer and apparently residuals on the G23 M440i have been revised upwards to the tune of around £2,500 which knocks nearly £50 off the monthlies
Looks like you've got a very decent dealer....well done!!!!
Great to have positive news like this these days!!
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      01-14-2022, 08:29 PM   #19
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Quote:
Originally Posted by ZedsRedBaby View Post
Just spoke to the dealer again. Apparently the residuals were revised on 1 January, so if the car had come in December as originally planned I wouldn't have had the uplift.

So 2.9% and a higher residual. Trebles all round as they say in a well known satirical publication
Well, that early Xmas present of picking up the M440i on 22/12 looks like less of a present now.......

Ouch!
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      01-15-2022, 03:13 AM   #20
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Originally Posted by ScottC25 View Post
Well, that early Xmas present of picking up the M440i on 22/12 looks like less of a present now.......

Ouch!
Sorry! Look on the bright side though - if you decide to keep the car you'll have less to pay at the end, and if you want to give it back early you'll be able to do so about three months sooner. At 2.9% it doesn't really make any difference to what you pay in the long run.
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      01-16-2022, 02:01 PM   #21
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Quote:
Originally Posted by ZedsRedBaby View Post
Quote:
Originally Posted by ScottC25 View Post
Well, that early Xmas present of picking up the M440i on 22/12 looks like less of a present now.......

Ouch!
Sorry! Look on the bright side though - if you decide to keep the car you'll have less to pay at the end, and if you want to give it back early you'll be able to do so about three months sooner. At 2.9% it doesn't really make any difference to what you pay in the long run.
It's really no big deal. The high residuals allowed me to swap a 6 month old M340i for the current M440i so I haven't done too badly out of it.

I love the colour so much I might just keep this one for a while
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      01-27-2022, 12:15 PM   #22
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Quote:
Originally Posted by ZedsRedBaby View Post
Sorry, he just said for 440 convertibles so it's possible but I couldn't say.
I can verify that, just finished paperwork for my G22 (yesterday) and the residual amount from BMW FS is unchanged from their August '21 figure....

Also interesting was how the dealer handled the £500 (Touchscreen delete) refund, which was sent by BMW to dealer who in turn sent it via BACS to my bank.
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