Nov 2016 BMW Residuals - 56%

Visited my local BMW today… you read the title right.

Is that good or bad? What mileage? Which model?

That’s for the 7 series not 3 or 5

For all models - maybe a one or two percent difference between models

That is incorrect. Go to bmwusa and search any lease and divide the residual amount by the msrp, then you get the residual %. 10 k miles.

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These are the residuals I got yesterday from bmwusa webpage:

@10k/36m

5 Series - 63%
X4 - 61%
X5 - 57%

This is why you don’t listen to dealers, they are full of it.

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Some dealers are the worst, like why lie about something like that.

Yup - y’all are right.

Trust us before the dealer lol

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I doubt it was an outright lie, just some idiot CA (who probably should not be one) throwing numbers around he probably doesn’t understand.

To be fair- he pulled up the cars that actually had a 56% residual and then told me it was all across the board. Very convincing- haha. It was however Nov 1st- where this forum gets spotty until someone goes and checks them. But nonetheless it looks like the topics that relate to lower residuals are starting to surface.

Residuals were better last month. And if it was the 1st it may have been Oct #s.

Any idea what the residual for 2016 x6 and 2016 m235xdrive demo is?

2016 X6 xDrive35i
24/10K: 63% residual, .00134 MF
36/10K: 57% residual, .00134 MF

2016 M235i xDrive
24/10K: 62% residual, .00134 MF
36/10K: 59% residual, .00134 MF

Targeted: $1,000 grad, $1,000 loyalty, $1,500 USAA

Residuals are lowered by $.25/mile for each mile over 500 miles, I believe.