03-06-2011, 04:42 AM | #23 |
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Just for comparison guys, in my country the car will cost around 100000 USD and with 60month residual would not be above 25%. You guys are getting fantastic deals on your cars.
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03-06-2011, 04:56 AM | #24 |
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Yup tax is in there, 6% for me in CT
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03-06-2011, 06:16 AM | #25 |
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Lease its worthless, and its like "renting" a car. Why would you put yourself into limitations? Never lease if you could buy it ...
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03-06-2011, 07:13 AM | #26 |
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Used 1M
I hope the residuals are that low, I'll be able to get one used- can't bring myself to get a new one at 50K. Somehow, I don't think they will be that easy to get due to the limited quantities and thus won't in the low to mid 20's in 3 years.
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03-06-2011, 07:59 AM | #27 | |
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I think for the 1M to get that cheap(20k-25k) it will have to be four or five years down the road. Especially with it being ''limited''. The car would have to be out of warrenty to be that low. Look at 07 335's for example , now they are reaching that 20k-25k price range , because they are out of warrenty.
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03-06-2011, 09:44 AM | #28 | |
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I agree that there will be some down the road once the hype dies down. Look at the BMW Z8 for example. That had major hype when it came out. So much hype that dealers were doing mark-up's as high as $200K!!!!!! Rediculous! Now, here it is, 10 years later, and there are a dozen of them on autotrader alone. With less than 15K miles.... MSRP was $139K. Now you can get them between $80-95K.... The Z8 is one of many example cars that had HUGE hype in the beginning but wait a couple of years and you can pick and choose... |
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03-06-2011, 10:07 AM | #29 |
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Say what? Do you understand how leases work and why they are favorable in some cases? If you're planning on keeping the car for only 2 or 3 years, which many people seem to do, then leasing is fantastic, and BMWFS has been adjusting the residuals to make them favorable for leasing. You pay tax on only the portion of the car that you're paying for, if the car gets into an accident and repaired, you're not carrying the burden of a devalued car, you most likely won't go past the warranty, if you need additional miles, they're only $0.15/mi. No, you can't do major modifications to the car (unless they are reversible), and that's about it.
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03-06-2011, 10:10 AM | #30 |
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By the time this 1M is 4-5 years old, the new 1M will be out and everyone will be drooling over it. The other issue is we don't know how this engine is going to hold up (hopefully it's going to be extremely strong in the respect), so that will impact its popularity in the coming years as well.
I think the residual at 57% for 36 months (with 15K mi/yr) is quite good for a car that just came out. The MF at .00200 isn't bad either. |
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03-06-2011, 11:01 AM | #31 | ||
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03-06-2011, 11:31 AM | #32 |
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I know this is somewhat off topic, I apologize but I haven't been able to find the info elsewhere.
Does anyone have info on residual rates for 2012 X6M? If so would you post them? Thanks in advance! |
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03-06-2011, 01:21 PM | #34 |
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Only nobody around here knows what the future of the 1 series coupe is going to be. We keep hearing things like it might reappear as a 2 series. IMO, the 1 series hatch scheduled for release in Europe this fall will be the last RWD 1 series, and it will only be available with 4 cylinder engines. The hefty price increase in the LCI is just getting the public ready for an even more expensive 2 series.
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03-06-2011, 04:06 PM | #35 | ||
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Very ignorant statement. Quote:
If I had done ED, my payments would have been in the Mid 600s (tax included) with 7 MSDs, thus a great deal. So you payment with tax would be $600 (give or take) But I don't have time to wait 2 months for it to be built, pick it up, then wait another 2 months to get it... For me, I needed a car. Also, if you ED on a lease, you pay for the lease even when you don't have the car that's one main reason I didn't do ED (other than not having the time)
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03-06-2011, 04:09 PM | #36 |
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quick question... i know usually at the end of a lease you can choose to buy the car but is it something that you can negotiate with the dealer on?
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03-06-2011, 04:49 PM | #37 | |||
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03-06-2011, 07:28 PM | #38 |
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It is but it's a hard number to negotiate.
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03-06-2011, 08:48 PM | #39 | |
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03-06-2011, 09:10 PM | #40 | |
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My 4 year finance quote from BMWFS in the UK has the guaranteed future value at 36%. Last edited by Schnorbitz; 03-06-2011 at 09:19 PM.. |
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03-06-2011, 11:42 PM | #41 | |
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03-07-2011, 01:31 AM | #42 |
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I take it you paid cash for yours or you would be renting to own from your bank
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03-07-2011, 04:59 AM | #43 |
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If you take the residual value based on my fully optioned car then after 4 years is 31.0%.
If based on the base car price, after 4 years its 35.7%. Hoping they'll be a fair bit of equity with those values. |
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03-07-2011, 07:15 AM | #44 |
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