12-21-2015, 01:33 AM | #1 |
Brigadier General
1622
Rep 3,402
Posts |
M2 Lease Residual / MF Guesses?
Does anyone have a guess of the residuals or MF's for an M2 lease?? I am on a list to get an M2 next year when they come out. I realize there is no information on lease terms yet but as information starts to come out I figured it would be good to have a spot to share. From my experience residuals on first year models tend to be very conservative resulting in higher lease costs but it will be interesting to see what BMW decides to do. Based on the terms I will decide between lease and buy.
|
12-21-2015, 03:16 AM | #3 |
Brigadier General
1622
Rep 3,402
Posts |
I am entering into the phase of my life were our income is growing significantly and the kids are leaving the house so I am done with sacrificing my wants and the M2 will be the first of the cars I want to have in my life. I assume that I will want to change cars every 3 years and continue up the food chain, actually want a McLaren 570s at some point (used of course) so it might make sense to lease versus buy but I am open either way. Without experiencing the M2 I don't know if it is car I would keep long term or not. For me the LCI is not likely going to impact my decision. I am good with the car as it sets.
|
Appreciate
0
|
12-21-2015, 08:47 AM | #4 |
Banned
7905
Rep 11,785
Posts |
Got an M2 question, check the 1M forums
I will bet dollars to donuts that leasing options for the M3/M4 will be better than the M2, just like was the case with the 1M compared to the E9x M3.
If you are SERIOUSLY committed to leasing, take a trip in the way back machine and go look at the 1M forums and look at the lease figures from then and how they were so bad that it really made little sense to lease the car unless you have some corporate entity paying a car payment for you. Most 1M lease payments in the U.S were in the $750-850 range IIRC and with interest rates at that time (and still now) in the US OF 1.99-2.49 for most buyers it was much cheaper per month to buy the car as a loan. |
Appreciate
1
|
12-24-2015, 02:11 PM | #5 |
Private First Class
8
Rep 144
Posts |
Solid points made above
I'm guessing worse case scenario is a 60% Residual for a 3 year 10k miles? 63-64% would be nice, but maybe these M2 leases might entice people to buy the car at the end of the lease (since there will be more equity in the car).
__________________
Audi A5 - Daytona Gray
BMW 328i - Estoril Blue II |
Appreciate
0
|
12-24-2015, 03:18 PM | #6 | |
Lieutenant General
4972
Rep 10,200
Posts
Drives: 2024 Golf R / 2022 718 Spyder
Join Date: Sep 2006
Location: Dallas, TX
|
Quote:
__________________
Past rides: 2016 981 BGTS, 2020 MINI JCW, 2017 F80, 2015 981 CS, 2014 F22 235, 2011 E82 135, 2008 E82 135, 2007 E92 328, 2007 E92 328 (My lady drives an OG M2. So does my dad)
|
|
Appreciate
0
|
12-25-2015, 02:33 AM | #8 |
Brigadier General
1622
Rep 3,402
Posts |
If the lease terms don't make sense I will just finance, I like some of the benefits of leasing but if the residuals are not high enough there is no real benefit. I suspect that because this is an entirely new model with no history to go on and because they won't struggle to move these cars I think BMW Finance will likely be conservative and won't have great residuals. It will be nice to have the actual numbers to do a buy / lease comparison. My dealer says order information will be available in February, doubt lease info will be available until after I order. As long as I can keep my options open until a month or so before it arrives I am fine.
|
Appreciate
0
|
01-03-2016, 09:45 AM | #9 |
Member
457
Rep 1,517
Posts |
I don't think you can compare this to the 1M, not limited production. Just like the M3 that has the same residual as the rest of the 3 series lineup, hopefully the M2 has the same residual as the 2 series lineup.
It doesn't matter than there is not history of residuals because that doesn't really determine lease residuals. Back in March the 3 series had its highest residual of 66% (including the m3) and I can guarantee that your car would have been worth less than 66% after 3 years. I remember ordering my M3 which was a very high demand car in terms of trying to get an allocation but was still able to get a 66% residual and 7% off Msrp. BMW I think has begun to realize that there is a huge market in the 50k range and really want to make an entry level car into the M world. The posts on here suggest this isn't a pure M car like the 1M. (No mirrors, no M button) I'm trying to be positive and think that you will be able to lease a pretty basic M2 in the low to mid 600s with 0 out of pocket. I'm hoping for high 500s as I will be doing ED.
__________________
Previous: 2013 135i Space Grey w/Coral Red | 6 Speed MT | M Pkg | JB4 | AA Downpipes | AA Exhaust |
Previous: 2015 M3, BSM[/SO/CF | DCT | Adaptive M | 19" Black | CF Roof | Previous: 2018 M2, AW | DCT | Exec Pkg Current 2020 X7 50i |
Appreciate
1
|
Post Reply |
Bookmarks |
Thread Tools | Search this Thread |
|
|