1M Lease Rates / Residuals Announced

[Tallest]

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.

[InTheNightKitchen]

Originally Posted by new2the3

Tax...

Yup tax is in there, 6% for me in CT

[Moe's M4]

Lease its worthless, and its like "renting" a car. Why would you put yourself into limitations? Never lease if you could buy it ...

[palpatine_us]

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.

Elbow grease and a good Indy maintenance shop- it won't be too bad.

[335iMIAMI]

Originally Posted by palpatine_us

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.

Elbow grease and a good Indy maintenance shop- it won't be too bad.

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.

[DiavelM3]

Originally Posted by 335iMIAMI

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.

I agree with what you're saying but according to Dr. Seigler (Pres. of M division), It will NOT be limited but hard to get."
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...

[piloto]

Originally Posted by Moe's M3

Lease its worthless, and its like "renting" a car. Why would you put yourself into limitations? Never lease if you could buy it ...

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.

[piloto]

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.

[basiluf]

Originally Posted by guydude

811 A MONTH? what was ur down payment? and how many miles per year? that seems like a decent rate!

That payment is still kind of high. Ours with a sticker of $74k with Euro Delivery, loyalty, and 7 MSDs is $556/month plus tax for 36/12k. Zero down payment.

[Lovegreatcars]

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!

[positiveions]

wow. that seems high. i would wait, or finance that thing.

[Diver]

Originally Posted by piloto

By the time this 1M is 4-5 years old, the new 1M will be out and everyone will be drooling over it.

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.

[persian54]

Originally Posted by Moe's M3

Lease its worthless, and its like "renting" a car. Why would you put yourself into limitations? Never lease if you could buy it ...

...
Very ignorant statement.

Originally Posted by basiluf

That payment is still kind of high. Ours with a sticker of $74k with Euro Delivery, loyalty, and 7 MSDs is $556/month plus tax for 36/12k. Zero down payment.

74k MSRP vs 83k MSRP.

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)

[Mnime]

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?

[basiluf]

Originally Posted by persian54

...
Very ignorant statement.

74k MSRP vs 83k MSRP.

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)

BMWFS pays the second month, so you pay your first month only.

[ES BMW]

Originally Posted by Mnime

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?

It is but it's a hard number to negotiate.

[EA51 LAY]

Originally Posted by JAX S50

Western Region Lease Security Owners
Southern Region PrePay Deposit Choice APR APR APR Build 3 Series
24 - 42 Waiver 24 - 42 24 - 36 37-60 61-72 Eligible Credit Out Lease/
SSP Applicable SSP SSP SSP SSP Option Amount Cash APR 24 27 30 36 42 48 54 60
Credit Tier Cash mos. mos. mos. mos. mos. mos. mos. mos.
2011
1120
1121
128i Cp .00135 SLTE/ELTE/STD 3.25% 1.9% 2.9% 3.9% $1,000 64% 60% 56% 49% 40% 35% 30%
2011
1123
1124
128i Cv .00120 SLTE/ELTE/STD 3.00% 1.9% 2.9% 3.9% $1,000 64% 60% 56% 49% 41% 36% 32%
2011 1122 135i Cp .00120 SLTE/ELTE/STD 3.00% 1.9% 2.9% 3.9% $1,000 64% 60% 56% 49% 39% 34% 30%
2011 1125 135i Cv .00120 SLTE/ELTE/STD 3.00% 1.9% 2.9% 3.9% $1,000 64% 60% 56% 49% 41% 36% 32%
2011 111D 1M Cp .00200 SLTE/ELTE/STD 4.75% 3.9% 4.9% STD 62% 57% 52% 48% 43% 39% 35%
2011
1131
1134

Very reasonable - it'll be a bleedin fortune here above the border!!

[Schnorbitz]

Originally Posted by analogue

I am not surprised the residuals are low. Someone at BMW thought about the resale value of these cars:

- All of them will be 6MT in a country where the take rate on manuals is very low.
- Based on our own polling data, roughly 1/3 of the cars produced will have orange paint.
- Due to the all-or-nothing optioning brain fart, a number of the cars will be strippers.

So outside of the enthusiasts here (many of which will find a way to buy this car new), how many consumers in the market for a CPO BMW will buy the small, orange, manual car with no options on the dealer's lot? They are playing it safe knowing that the CPO customer may very well choose the 135i w/ DCT and a desirable paint color over the pumpkin.

If anything, this speaks to BMW's own doubt in their self-proclaimed and preconceived "collector car" status of the 1M.

That being said, I'm still getting one (just need to decide between VO and AW and wait for my lowly dealer to get an allocation).

Incredibly well said...

My 4 year finance quote from BMWFS in the UK has the guaranteed future value at 36%.

[Robert]

Originally Posted by dlopez

This car is for the enthusiasts no like the any other 135i its special in its own way. The CSL was a test mule and a gauge too for the e92's carbon fiber roof. The 1M and its engine is the test mule for the next inline-6 in the M3.

I have an e30 M3 and an e46 since brand new. I keep them because they are special to me, they are not just a car. They are mean machines that are a joy to drive.

PS. I have my flame suit on.

Thought the new M3 will be based on N55 engine not the N54 that has been around since 2006. E30 and E46 are classic, on the other hand E82 1M may not be as much. Time will tell.

[ZuerstBMW]

Originally Posted by Moe's M3

Lease its worthless, and its like "renting" a car. Why would you put yourself into limitations? Never lease if you could buy it ...

I take it you paid cash for yours or you would be renting to own from your bank

[as7920]

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.

[Schnorbitz]

Originally Posted by as7920

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.

+1 mate, +1...