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Re: M Coupe residual values (archive)

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Posted by BigT on April 17, 2000 at 09:53:21:

In Reply to: M Coupe residual values posted by Merc on April 17, 2000 at 01:03:06:

: I attempted to lease an M Coupe over the weekend and among other things (no discount off MSRP!), I was a bit baffled by the residual value the dealer used in his lease calculations. He claimed the car would be worth 60% of MSRP on a 3 year / 15k mile lease (~25k).

: I have done searches in the archives and this seems pitifully low (by 7-9%???). The deal he offered was based on BMW FS residual values. Are his pockets being lined by BMW FS? Any feedback would be much appreciated!

Its called greed! They are trying to back end more money via the money factor on the lease. If i were you I would tell them to go jump in a lake. Next, before I offer this to you let me put out that I am NOT in the car business and DO NOT benefit (other than good will) by giving you this referral. Call Ross at Kelly BMW in Colubus Ohio. They ship Nationally everyday. They sold me my 00 M Coupe with everything for $39500.(I hear of others getting them for less..but, not much) The lease is 36 month at $540, 12K per year. I know for a fact they just got in a red/red/black combo (I drive by the dealership everyday. 614.471.2277. I hope this helps.

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