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2019+ BMW 3 AND 4-SERIES FORUMS (G2x Generation) Ordering / Pricing / Order Tracking Forum Lease residual question

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      03-20-2020, 08:01 PM   #1
Danyashaka
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Lease residual question

Sorry if this is not the right place to ask but I wasn't sure where else I could ask. I'm debating buying a 2017 340i or waiting till next year and buying an M340i as they start coming off lease. I was wondering what the lease residual is for those who are currently leasing just so I know if it's worth waiting or not. Thanks.
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      03-20-2020, 09:07 PM   #2
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Originally Posted by Danyashaka View Post
Sorry if this is not the right place to ask but I wasn't sure where else I could ask. I'm debating buying a 2017 340i or waiting till next year and buying an M340i as they start coming off lease. I was wondering what the lease residual is for those who are currently leasing just so I know if it's worth waiting or not. Thanks.
61% for 10k miles, 60% 12k & 58% for 15k miles
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      03-20-2020, 09:09 PM   #3
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Originally Posted by Gdiddy23 View Post
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Originally Posted by Danyashaka View Post
Sorry if this is not the right place to ask but I wasn't sure where else I could ask. I'm debating buying a 2017 340i or waiting till next year and buying an M340i as they start coming off lease. I was wondering what the lease residual is for those who are currently leasing just so I know if it's worth waiting or not. Thanks.
61% for 10k miles, 60% 12k & 58% for 15k miles
Wow thank you that's exactly what I needed!
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      04-03-2020, 04:59 PM   #4
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Just be aware that the residual can fluctuate each month, so if you're waiting until next year the current residual may not be very helpful.

For example, if BMW lowers the MF to incentivize buyers in a down market when the April programs roll out next week, you can be sure the residual will drop as well.
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      04-04-2020, 08:15 PM   #5
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Shouldn't you be asking what the residuals were for cars with leases maturing next year? Current residuals don't mean much if you're planning on getting a car off lease next year which will be about a 2 year old car by the time the lease matures.
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      04-04-2020, 08:17 PM   #6
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Shouldn't you be asking what the residuals were for cars with leases maturing next year? Current residuals don't mean much if you're planning on getting a car off lease next year which will be about a 2 year old car by the time the lease matures.
I don't think there will be any M340is coming off lease this year so next year was implied. Unless some people got a 1 year lease or a super early 2 year lease, I'm not sure when they started but I just figured the earliest ones would be coming off lease in 2021
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      04-05-2020, 12:59 AM   #7
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BMW lease residuals isn’t going to predict what the car is going to be worth. BMW FS has been known to inflate their residuals.
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      04-05-2020, 01:05 AM   #8
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BMW lease residuals isn't going to predict what the car is going to be worth. BMW FS has been known to inflate their residuals.
That's good to know. I guess I'll pull the trigger on a 340 if a perfect one comes up, if one doesn't come up by the time M340s come off lease then I'll know the price.
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      04-15-2020, 05:09 PM   #9
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BMW lease residuals isn’t going to predict what the car is going to be worth. BMW FS has been known to inflate their residuals.
Real life example ... we just turned in a 2017 4 Series Grand Coupe at the end of a 3 year lease. The residual on the lease was $33,058 and the dealer just listed the car for $29,995.
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      04-16-2020, 06:31 PM   #10
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Quote:
Originally Posted by Gdiddy23 View Post
Quote:
Originally Posted by Danyashaka View Post
Sorry if this is not the right place to ask but I wasn't sure where else I could ask. I'm debating buying a 2017 340i or waiting till next year and buying an M340i as they start coming off lease. I was wondering what the lease residual is for those who are currently leasing just so I know if it's worth waiting or not. Thanks.
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They dropped by 1% in April.
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      04-21-2020, 08:28 AM   #11
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If 2021 production begins in July, how much will that impact the 2020 residuals in July and what would the new residuals be? Is the typically much of a gap in the value when they overlap in the summer/fall?
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      04-21-2020, 01:02 PM   #12
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$6k discount presently on my 2017 340 from BMWFS - my residual is $34k however I can presently buy the car for $28k. My lease is up in June and I've already made all the payments - the $6k automatically populated into my on-line lease account when I selected the buy out option.

From what I understand this option is available until early May and then who knows
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      04-29-2020, 01:17 PM   #13
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Originally Posted by chenry View Post
$6k discount presently on my 2017 340 from BMWFS - my residual is $34k however I can presently buy the car for $28k. My lease is up in June and I've already made all the payments - the $6k automatically populated into my on-line lease account when I selected the buy out option.

From what I understand this option is available until early May and then who knows
Sorry just to understand at the beginning of you lease they offered buy out at the end of lease at 34k and then towards the end of the lease it changed to 28k?
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      04-29-2020, 02:46 PM   #14
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Quote:
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Quote:
Originally Posted by chenry View Post
$6k discount presently on my 2017 340 from BMWFS - my residual is $34k however I can presently buy the car for $28k. My lease is up in June and I've already made all the payments - the $6k automatically populated into my on-line lease account when I selected the buy out option.

From what I understand this option is available until early May and then who knows
Sorry just to understand at the beginning of you lease they offered buy out at the end of lease at 34k and then towards the end of the lease it changed to 28k?
yes - and without even asking
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      04-29-2020, 09:24 PM   #15
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Quote:
Originally Posted by chenry View Post
Quote:
Originally Posted by Nickef30 View Post
Quote:
Originally Posted by chenry View Post
$6k discount presently on my 2017 340 from BMWFS - my residual is $34k however I can presently buy the car for $28k. My lease is up in June and I've already made all the payments - the $6k automatically populated into my on-line lease account when I selected the buy out option.

From what I understand this option is available until early May and then who knows
Sorry just to understand at the beginning of you lease they offered buy out at the end of lease at 34k and then towards the end of the lease it changed to 28k?
yes - and without even asking
Do you think you'd be able to make any $ if you bought it out @ $28k and then turned around and sold it?
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