Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 7 Series / 8 Series > 7 Series - F01 / F02 (2009 - current)

7 Series - F01 / F02 (2009 - current)
The new re-designed 7 series F01 / F02 leads off the BMW Fxx chassis code!

Reply
 
Thread Tools Display Modes
  #1  
Old 04-01-2009, 01:00 PM
shoes shoes is offline
Registered User
Location: Green Valley, CA
 
Join Date: Jan 2005
Posts: 22
Mein Auto: 2011 BMW 535
Residual values of the new 7

I was all set to lease a new 750 until I learned about the residual values. BMW has apparently lost enough money through subventing the residuals of the outgoing model that it has set the residual value of the new one at 50% after only two years. Leasing costs per month on the new car have virtually doubled regardless of term.

This has talked me into keeping my old car.
Reply With Quote
Advertisement
  #2  
Old 04-01-2009, 10:16 PM
zibawala zibawala is offline
Officially Welcomed to the 'Fest
Location: sfo bay area
 
Join Date: May 2006
Posts: 873
Mein Auto: 2005 x5 4.4, 2010 M3 conv
Quote:
Originally Posted by shoes View Post
I was all set to lease a new 750 until I learned about the residual values. BMW has apparently lost enough money through subventing the residuals of the outgoing model that it has set the residual value of the new one at 50% after only two years. Leasing costs per month on the new car have virtually doubled regardless of term.

This has talked me into keeping my old car.
thats why, I called it off for the time being! BMW should put their act together or go join Japanese to commit suicide after 25% sales drop.

This is HUMANGO TICKET ITEM TO SIT ON!
Reply With Quote
  #3  
Old 04-02-2009, 12:24 AM
chrischeung chrischeung is offline
Officially Welcomed to the 'Fest
Location: Dallas, TX
 
Join Date: Sep 2002
Posts: 7,560
Mein Auto: 2012 ActiveHybrid 7 SWB
Quote:
Originally Posted by zibawala View Post
thats why, I called it off for the time being! BMW should put their act together or go join Japanese to commit suicide after 25% sales drop.
This has been anticipated. BMWNA reduced orders by 44K cars in 2009 - about 4K per month - or 20% over 2008. They are selling less, but they have already matched inventory levels.
__________________
2012 ActiveHybrid 750i ED

3/12 ED 7 - thread ID 610350
1/11 ED 6 - thread ID 5767556&postcount=175
4/10 ED 5 - thread ID 453501
5/08 ED 4 - thread ID 290679
3/07 ED 3 - thread ID 201013
3/06 ED 2 - thread ID 136454
Reply With Quote
  #4  
Old 04-02-2009, 10:31 AM
sunny_j's Avatar
sunny_j sunny_j is offline
bmw addiction
Location: Vancouver Britsh Columbia Canada
 
Join Date: Sep 2006
Posts: 6,734
Mein Auto: X5d
Quote:
Originally Posted by chrischeung View Post
This has been anticipated. BMWNA reduced orders by 44K cars in 2009 - about 4K per month - or 20% over 2008. They are selling less, but they have already matched inventory levels.
what do you mean?
__________________

2012 X5d | White on Black | Fully Loaded | Sport Package
Black Trim Painted White

-2009 E320 Diesel | White on Black | H&R Springs | Kleemann KD-Box | 20" Monarch Hamburg Rims
Black Roof | E63 Rear Lip | Hood Emblem Delete | Foglight Chrome Trim Delete Gone


-2003 760LI Titanium Gray Metallic | Every option | H&R Springs upfront , via computer in rear
OEM Style 128 21" wheels | 40% tint | AIB Angel Eye's w/ matching foglights Gone
Reply With Quote
  #5  
Old 04-02-2009, 12:48 PM
XZLR8's Avatar
XZLR8 XZLR8 is offline
Officially Welcomed to the 'Fest
Location: Ohio
 
Join Date: Sep 2002
Posts: 2,266
Mein Auto: X6M
I'm hoping the terrible residuals are just a launch thing and they'll improve over time (similar to the situation with the X6). I wouldn't lease a 7 at the current rates, no question.
__________________

2014 BMW X6 ///M | SpaceGray/BlackPerforatedFullMerino/CarbonLeather
2014 BMW 328xi Touring M-Sport | GlacierSilver/BlackDakota/DarkBurlWalnut
2014 BMW X6 35i M-Perf | TitaniumSilver/BlackNappa/DarkBamboo [wife's ride]

BMW HISTORY | '13 650xiGC, '12 650xi, '11 535xi, '11 X6 50i, '09 750i, '09 328xiT, '08 650i, '07 750i, '07 X5 4.8i, '06 650i, '05 745i, '05 325xiT, '03 745i, '02 745i, '01 325Cic, '01 X5 4.4i, and on...
Reply With Quote
  #6  
Old 04-02-2009, 10:10 PM
zibawala zibawala is offline
Officially Welcomed to the 'Fest
Location: sfo bay area
 
Join Date: May 2006
Posts: 873
Mein Auto: 2005 x5 4.4, 2010 M3 conv
Quote:
Originally Posted by XZLR8 View Post
I'm hoping the terrible residuals are just a launch thing and they'll improve over time (similar to the situation with the X6). I wouldn't lease a 7 at the current rates, no question.
I hope and wish. To counter the WORST residuals, BMWF is to subsidize price and bottom line money factors to stay competitive for leasing.

If one is going to buy it out for 100, 000 cash, then no story.
Reply With Quote
  #7  
Old 04-02-2009, 10:28 PM
remington's Avatar
remington remington is offline
Officially Welcomed to the 'Fest
Location: California Sunshine
 
Join Date: Jul 2003
Posts: 159
Mein Auto: 05 545i
If it makes you feel any better I just penciled out a deal with MB to lease a S63 AMG and the residual for a 3 yr lease was 42% which I calculated was a $500 depreciation every week over the life of the lease. Needless to say I passed on that plus the money factor worked out to almost 9%. OMG. Nice thing is they have 1.9% financing on all AMGs right now for buying and not leasing.
__________________
2006 E46 M3
Reply With Quote
  #8  
Old 04-03-2009, 12:12 AM
chrischeung chrischeung is offline
Officially Welcomed to the 'Fest
Location: Dallas, TX
 
Join Date: Sep 2002
Posts: 7,560
Mein Auto: 2012 ActiveHybrid 7 SWB
Quote:
Originally Posted by sunny_j View Post
what do you mean?
Cars aren't piling up on dealer lots because of the downturn in sales, since BMWNA already reduced supply, maintaining similar inventory levels as last year - even though new car sales are lower. Hope that makes sense.
__________________
2012 ActiveHybrid 750i ED

3/12 ED 7 - thread ID 610350
1/11 ED 6 - thread ID 5767556&postcount=175
4/10 ED 5 - thread ID 453501
5/08 ED 4 - thread ID 290679
3/07 ED 3 - thread ID 201013
3/06 ED 2 - thread ID 136454
Reply With Quote
  #9  
Old 04-03-2009, 10:29 AM
sunny_j's Avatar
sunny_j sunny_j is offline
bmw addiction
Location: Vancouver Britsh Columbia Canada
 
Join Date: Sep 2006
Posts: 6,734
Mein Auto: X5d
Quote:
Originally Posted by chrischeung View Post
Cars aren't piling up on dealer lots because of the downturn in sales, since BMWNA already reduced supply, maintaining similar inventory levels as last year - even though new car sales are lower. Hope that makes sense.
yes it does. thanks
__________________

2012 X5d | White on Black | Fully Loaded | Sport Package
Black Trim Painted White

-2009 E320 Diesel | White on Black | H&R Springs | Kleemann KD-Box | 20" Monarch Hamburg Rims
Black Roof | E63 Rear Lip | Hood Emblem Delete | Foglight Chrome Trim Delete Gone


-2003 760LI Titanium Gray Metallic | Every option | H&R Springs upfront , via computer in rear
OEM Style 128 21" wheels | 40% tint | AIB Angel Eye's w/ matching foglights Gone
Reply With Quote
  #10  
Old 04-07-2009, 11:22 AM
New Motors New Motors is offline
F e s t S p o n s o r
Location: Northern Pa., Erie
 
Join Date: Mar 2008
Posts: 1,194
Mein Auto: 2010 X5
Well with the current Money Factor reduction (.00180) for Returning FS customer the rate is less then 2%. And a 750i for around 96g's is under $1400. Not bad.
Reply With Quote
  #11  
Old 04-09-2009, 11:40 AM
SleepTight's Avatar
SleepTight SleepTight is offline
Officially Welcomed to the 'Fest
Location: Long Island, New York
 
Join Date: Oct 2007
Posts: 316
Mein Auto: 2010 Cadillac CTS-V
Patience grasshopper. Give BMW FS a little time and I'm sure the lease programs will become more favorable. It's unreasonable to expect a bargain on the F01 given how few are in North America at the moment.
__________________
Waiting on the F10 M5. Though I could be tempted with a B7.
Reply With Quote
  #12  
Old 04-09-2009, 11:47 AM
zibawala zibawala is offline
Officially Welcomed to the 'Fest
Location: sfo bay area
 
Join Date: May 2006
Posts: 873
Mein Auto: 2005 x5 4.4, 2010 M3 conv
Quote:
Originally Posted by New Motors View Post
Well with the current Money Factor reduction (.00180) for Returning FS customer the rate is less then 2%. And a 750i for around 96g's is under $1400. Not bad.

I am still waiting for those good numbers! man from you!
Reply With Quote
  #13  
Old 04-09-2009, 11:48 AM
zibawala zibawala is offline
Officially Welcomed to the 'Fest
Location: sfo bay area
 
Join Date: May 2006
Posts: 873
Mein Auto: 2005 x5 4.4, 2010 M3 conv
Quote:
Originally Posted by SleepTight View Post
Patience grasshopper. Give BMW FS a little time and I'm sure the lease programs will become more favorable. It's unreasonable to expect a bargain on the F01 given how few are in North America at the moment.
I agree! as soon as see that my patience will pay back, I 'll jump
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 7 Series / 8 Series > 7 Series - F01 / F02 (2009 - current)
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



Forum Jump


All times are GMT -7. The time now is 08:35 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms