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      10-27-2015, 08:28 AM   #1
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M2 Leasing Residual

Anyone have any idea of what kind of residual the M2 will have? I know the 2015 F80 M3 had a pretty good residual. M2 might be on my map for a 2-3 year lease if the residual is high and the resale is good like the 1M coupe was.
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      10-27-2015, 08:39 AM   #2
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Originally Posted by CosmosMpower View Post
Anyone have any idea of what kind of residual the M2 will have? I know the 2015 F80 M3 had a pretty good residual. M2 might be on my map for a 2-3 year lease if the residual is high and the resale is good like the 1M coupe was.
the 1M had terrible leasing options. Almost nobody leased. Limited production and a waiting line out the door to BUY one meant leases were not really offered well on it at all...

My guess the M2 will lease similar to the M3/M4 but only after the 1st year of production. The first year leases will probably be poor especially as they are trying to market this as 'limited' like the 1M (which it is not).
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      10-27-2015, 08:57 AM   #3
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If we can get something like 65% residual that would be pretty sweet. I don't love the car but it might make a fun daily driver.
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      10-27-2015, 09:10 AM   #4
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Originally Posted by CosmosMpower View Post
If we can get something like 65% residual that would be pretty sweet. I don't love the car but it might make a fun daily driver.
just so you know, the 3 year residual on a 1M was 52%. Comical considering after 3 years the car was worth 110% of its original MSRP in most instances.

I would see what the M3/M4 lease numbers were upon introduction.....the M2 will probably fall somewhere in between.
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      10-27-2015, 09:15 AM   #5
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Quote:
Originally Posted by IEDEI View Post
just so you know, the 3 year residual on a 1M was 52%. Comical considering after 3 years the car was worth 110% of its original MSRP in most instances.

I would see what the M3/M4 lease numbers were upon introduction.....the M2 will probably fall somewhere in between.
2015 M3 was 65%, 3 year 10k miles a year.
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      10-27-2015, 09:29 AM   #6
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2015 M3 was 65%, 3 year 10k miles a year.
in 2014 for the 2015 models the M3 had a 58% residual for 36 months and 10k miles.

http://f80.bimmerpost.com/forums/sho...d.php?t=952542
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      10-27-2015, 09:54 AM   #7
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Quote:
Originally Posted by CosmosMpower View Post
2015 M3 was 65%, 3 year 10k miles a year.
Residuals are often artificially inflated at the end of a MY to move stock and keep orders flowing.

If the M2 comes in at 56-58% for 36 mo 10k mi/year, I'd consider it lucky.
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      10-27-2015, 12:14 PM   #8
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I'm also very interested in what the residuals will be. It's too early to know, but let's hope it's no less than 60% for 10k miles. 65% would be ideal.

Both the MSRP and the residual will determine if this will be my next car.
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      10-27-2015, 12:26 PM   #9
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Usually the residuals are the same as the comparable top-non-M model. FYI for the current M235i it is 57%, which isn't great.
Super rough calulations here but a 36m/10k lease of a $55k car at current residual would be roughly $775, where @60% would be $725 and 65% would be $650.
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      10-27-2015, 02:18 PM   #10
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I will probably option it closer between $57-$59k and I'm wanting to get US invoice pricing. I'll be using the 7MSD as well as doing ED for the 2017 model, so if the residuals are 60-65% my rough estimates will bring a very low payment between $625 and $655 after taxes. But if it's as you say comparable to current M235i residuals (which are terrible) I'll be getting the M4.
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      10-27-2015, 02:21 PM   #11
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Quote:
Originally Posted by PhoenixWolf View Post
I will probably option it closer between $57-$59k and I'm wanting to get US invoice pricing. I'll be using the 7MSD as well as doing ED for the 2017 model, so if the residuals are 60-65% my rough estimates will bring a very low payment between $625 and $655 after taxes. But if it's as you say comparable to current M235i residuals (which are terrible) I'll be getting the M4.
If you get a stripper and ED it you could have a pretty cheap lease payment. That would be my plan.
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      10-27-2015, 02:31 PM   #12
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Quote:
Originally Posted by CosmosMpower
Quote:
Originally Posted by PhoenixWolf View Post
I will probably option it closer between $57-$59k and I'm wanting to get US invoice pricing. I'll be using the 7MSD as well as doing ED for the 2017 model, so if the residuals are 60-65% my rough estimates will bring a very low payment between $625 and $655 after taxes. But if it's as you say comparable to current M235i residuals (which are terrible) I'll be getting the M4.
If you get a stripper and ED it you could have a pretty cheap lease payment.
Too many variables have to be just right that it's too soon to really tell. We don't even know what the MSRP is going to be officially as yet.

But if what we suspect that MSRP will be, will hold true at $51k, and if the residuals are no less than 60% for 10k miles, then you could load it up to $60k with options, do MSDs with ED with a good enough discount and still get a low payment.

Unfortunately that's a lot of variables that we just don't know as yet and I don't want a stripper M2.
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      10-27-2015, 02:35 PM   #13
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Quote:
Originally Posted by PhoenixWolf View Post
Too many variables have to be just right that it's too soon to really tell. We don't even know what the MSRP is going to be officially as yet.

But if what we suspect that MSRP will be, will hold true at $51k, and if the residuals are no less than 60% for 10k miles, then you could load it up to $60k with options, do MSDs with ED with a good enough discount and still get a low payment.

Unfortunately that's a lot of variables that we just don't know as yet and I don't want a stripper M2.
I was hoping for a 50K car after ED discount and a 475-500 payment. I want a small, fun, MT no frills daily driver similar to my current E46 330i ZHP
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      10-27-2015, 02:40 PM   #14
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Quote:
Originally Posted by CosmosMpower
Quote:
Originally Posted by PhoenixWolf View Post
Too many variables have to be just right that it's too soon to really tell. We don't even know what the MSRP is going to be officially as yet.

But if what we suspect that MSRP will be, will hold true at $51k, and if the residuals are no less than 60% for 10k miles, then you could load it up to $60k with options, do MSDs with ED with a good enough discount and still get a low payment.

Unfortunately that's a lot of variables that we just don't know as yet and I don't want a stripper M2.
I was hoping for a 50K car after ED discount and a 475-500 payment. I want a small, fun, MT no frills daily driver similar to my current E46 330i ZHP
I hope it works out for us all. I'd really like to get this car.
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      10-28-2015, 02:55 AM   #15
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Quote:
Originally Posted by CosmosMpower
Quote:
Originally Posted by PhoenixWolf View Post
Too many variables have to be just right that it's too soon to really tell. We don't even know what the MSRP is going to be officially as yet.

But if what we suspect that MSRP will be, will hold true at $51k, and if the residuals are no less than 60% for 10k miles, then you could load it up to $60k with options, do MSDs with ED with a good enough discount and still get a low payment.

Unfortunately that's a lot of variables that we just don't know as yet and I don't want a stripper M2.
I was hoping for a 50K car after ED discount and a 475-500 payment. I want a small, fun, MT no frills daily driver similar to my current E46 330i ZHP
475-500 lease payment. Lol I wish
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      10-28-2015, 05:25 AM   #16
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Quote:
Originally Posted by DS_BMW View Post
475-500 lease payment. Lol I wish
If you put enough down, and get ED that could be realistic. But I'd never recommend putting anything but a small portion to reduce the cost of MSDs down on a lease.
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      10-28-2015, 07:14 AM   #17
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Quote:
Originally Posted by LinkF1
Quote:
Originally Posted by DS_BMW View Post
475-500 lease payment. Lol I wish
If you put enough down, and get ED that could be realistic. But I'd never recommend putting anything but a small portion to reduce the cost of MSDs down on a lease.
Yes, I would never put anything down on a lease.

Also ED might be cheaper but it will cost how many thousands to go on the trip. So it kind of defeats getting the car cheaper.
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      10-28-2015, 08:43 AM   #18
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Quote:
Originally Posted by DS_BMW View Post
475-500 lease payment. Lol I wish
If the car is really 51K, and let's say by chance of a miracle residual is 65% like the F80 M3 and you do ED then the payment could be 500'ish.

Vehicle purchase price with 7% ED discount- $47,430
Residual 65% based on 51K- $33,150
Money Factor .00130
Sales tax in TX- 6.25%
Payment would be $532.75 for 36 months or $501.42 if you live in a state with no tax like Oregon.
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      10-28-2015, 08:44 AM   #19
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Quote:
Originally Posted by DS_BMW View Post
Yes, I would never put anything down on a lease.

Also ED might be cheaper but it will cost how many thousands to go on the trip. So it kind of defeats getting the car cheaper.
Not really, you can fly there on points or find a cheap round trip ticket (850) go pick up the car, drive it around for a day and drop it back off and fly back. Some people plan it with a business trip to Europe and just take a short side trip to take delivery of the car.

If you decide you want to make a trip of it then a large part of the trip is paid for with the ED discount. I just did that on a 2016 M3, it was a blast but I was due for a vacation anyway.
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      10-28-2015, 11:47 AM   #20
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Quote:
Originally Posted by CosmosMpower View Post
If the car is really 51K, and let's say by chance of a miracle residual is 65% like the F80 M3 and you do ED then the payment could be 500'ish.

Vehicle purchase price with 7% ED discount- $47,430
Residual 65% based on 51K- $33,150
Money Factor .00130
Sales tax in TX- 6.25%
Payment would be $532.75 for 36 months or $501.42 if you live in a state with no tax like Oregon.
ED discount will change to 5% effective for cars delivered after 12/31/15.

Quote:
Originally Posted by LinkF1
Super rough calulations here but a 36m/10k lease of a $55k car at current residual would be roughly $775, where @60% would be $725 and 65% would be $650.
I wanted to update these rough calculations with best (un)realistic numbers I see happening for the same $55k car. All of these are pre-tax calculations:

If you get the same $55k MSRP car for $500 over invoice it should be around $51.6k and took advantage of 7 MSDs. 57% residual would be ~$635, 60% would be $590 and 65% would be $514.

If you were doing ED and got $500 over ED invoice it will be around 49.2k and took advantage of 7 MSDs. 57% residual would be ~$590, 60% would be $550 and 65% would be $470.

As you can see, sub-$500/mo is possible, but not likely to happen until $500 over ED invoice deals are available. I'm hoping to keep mine under $600, else it will push into F80 territory.
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      10-28-2015, 12:36 PM   #21
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If the residuals are low, it may not be the end of the world. There will be so few of these cars that they may hold value really well. If you did ED and MSDs with a decent out the door price, you might be way ahead at the end of the three years if the car leases really poorly.
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      10-28-2015, 01:25 PM   #22
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Quote:
Originally Posted by hyperzulu View Post
If the residuals are low, it may not be the end of the world. There will be so few of these cars that they may hold value really well. If you did ED and MSDs with a decent out the door price, you might be way ahead at the end of the three years if the car leases really poorly.
Agreed but your payment is still based on the residual, just means most people that leased them will buy the car at the end of the lease and make the money back at that point in time.
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