Is the residual value based on the MSRP of the car or what your financing?? PLZ HELP!

GhostyM · 04-07-2007, 03:43 AM

.

Pretender · 04-07-2007, 03:56 AM

Residue = MSRP - lease pmt...

Correct me if I'm wrong, people.

GhostyM · 04-07-2007, 04:20 AM

Does it matter how much I paid for the car? Cause i think he should be giving me the residual on the US MSRP of the car and not the ED Price, he said he would give me a $26,100 residual for a $45,000 car, which I would be paying instead of the car being worth $47,775. and that residual would actually be 27,740. so wtf is up??

Luderule · 04-07-2007, 05:50 AM

Residual is what they(leasing institution) calculate the car will be worth at the end of the lease term.

SteveMD · 04-07-2007, 06:35 AM

The residual is fixed. It is based on the US MSRP including delivery, even on an ED lease which I assume from your post is what you are trying to do.

The residual percentages and money factors are here: http://bimmerfest.com/forums/showthread.php?t=198537

Quote:

Residue = MSRP - lease pmt...

Correct me if I'm wrong, people.

OK, you are incorrect. The residual is simply what BMWFS think the market price of the car will be at the end of the lease. It is what you could buy the car for at the end of the lease and is used to calculate the depreciation component of the monthly payment.

STE92VE · 04-07-2007, 08:08 AM

Quote:

Originally Posted by Pretender

Residue = MSRP - lease pmt...

Correct me if I'm wrong, people.

res·i·due /ˈrɛzɪˌdu, -ˌdyu/ –noun
1. something that remains after a part is removed, disposed of, or used; remainder; rest; remnant.
2. Chemistry.

re·sid·u·al (rĭ-zĭj'ōō-əl) n.
1. The quantity left over at the end of a process; a remainder.
2. A payment made to a performer, writer, or director for each repeat showing of a recorded television show or commercial. Often used in the plural.

SteveMD · 04-07-2007, 08:39 AM

I was going there and decided against it

rmorin49 · 04-07-2007, 10:56 AM

If you think you might want to buy the car at the end of the lease, don't lease it.

'Cane · 04-07-2007, 11:01 AM

Quote:

Originally Posted by rmorin49

If you think you might want to buy the car at the end of the lease, don't lease it.

Agreed X100

e92sam · 04-07-2007, 12:46 PM

The higher the residual is, the lower your monthly payment is. The U.S. MSRP is the highest, so you would prefer the residual be calculated off of that figure. MACO is'nt added to MSRP when calculating residual, all of your factory options are.

Joe Bimmer · 04-07-2007, 12:53 PM

Quote:

Originally Posted by rmorin49

If you think you might want to buy the car at the end of the lease, don't lease it.

This is so true.

Ryan 330i · 04-07-2007, 02:25 PM

residual % is based of MSRP not negotiated price.

04-07-2007, 03:43 AM	#1
GhostyM Major 565 Rep 1,469 Posts Drives: plenty Join Date: Mar 2007 Location: US iTrader: (0)	. . Last edited by GhostyM; 10-24-2019 at 02:11 AM..
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04-07-2007, 03:56 AM	#2
Pretender Colonel 158 Rep 2,419 Posts Drives: 06 330i, 07 328i, 16 X1, >17M2 Join Date: Aug 2005 Location: Bay Area, CA iTrader: (1) Garage List 06 330i [0.00]	Residue = MSRP - lease pmt... Correct me if I'm wrong, people. __________________ It's a great time to be alive
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04-07-2007, 04:20 AM	#3
GhostyM Major 565 Rep 1,469 Posts Drives: plenty Join Date: Mar 2007 Location: US iTrader: (0)	Does it matter how much I paid for the car? Cause i think he should be giving me the residual on the US MSRP of the car and not the ED Price, he said he would give me a $26,100 residual for a $45,000 car, which I would be paying instead of the car being worth $47,775. and that residual would actually be 27,740. so wtf is up??
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04-07-2007, 05:50 AM	#4
Luderule Lazy mofo 22 Rep 344 Posts Drives: the slow one Join Date: Dec 2005 Location: Socal iTrader: (15) Garage List 2007 335i [0.00]	Residual is what they(leasing institution) calculate the car will be worth at the end of the lease term. __________________
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04-07-2007, 08:39 AM	#7
SteveMD Colonel 201 Rep 2,485 Posts Drives: 2016 F10 535i MSport Join Date: Dec 2005 Location: Raventown! iTrader: (3)	I was going there and decided against it __________________ 2006 E90 330i (retired) 2009 E90 335i (retired) 2012 E70 X5 50i M Sport (retired) 2016 F10 535i M Sport
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04-07-2007, 10:56 AM	#8
rmorin49 Major 57 Rep 1,162 Posts Drives: 11 335d/10 Z4 s30i Join Date: Nov 2006 Location: Hagerstown, MD iTrader: (1)	If you think you might want to buy the car at the end of the lease, don't lease it. __________________ Colonel (Retired), US Army/Hagerstown, MD 2016 518ixdrive/MSport AW/Ivory White ED-01-10 2010 Z4s30i AW/Beige/Burl/ 6MT/SP/PP/CWP/NAV/ipod/USB/CA (retired) 2011 335d BS/Oyster/PP/CWP/NAV/ipod/USB(Daily Driver) 30+ mpg(retired)
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04-07-2007, 12:46 PM	#10
e92sam Private First Class 2 Rep 115 Posts Drives: e92 Join Date: Apr 2007 Location: southern california iTrader: (0) Garage List 2007 e92 [0.00]	The higher the residual is, the lower your monthly payment is. The U.S. MSRP is the highest, so you would prefer the residual be calculated off of that figure. MACO is'nt added to MSRP when calculating residual, all of your factory options are. __________________ Ordered: 4/1/07, Picked up 5/20, e92/328i, Deep Green, Saddle, Lt. Poplar, ZSP, ZPP, Step, Nav, Logic 7, CA, PRS, PDC, 6FL Ipod, Sirius
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04-07-2007, 02:25 PM	#12
Ryan 330i Major 57 Rep 1,181 Posts Drives: '09 E93 335i Join Date: Jun 2006 Location: San Francisco \| LA \| Oregon iTrader: (0)	residual % is based of MSRP not negotiated price. __________________ 2009 E93 335i \| Jet \| Black Dakota \| Grey Poplar \| ZPP \| ZSP \| ZCW \| Step \| Paddles \| i-Drive \| CA \| Sirius \| HD \| Logic7 \| 06FL \| 06NF \| PDC \| OEM Alarm \| LUX Retired: 2007 E92 335i Retired: 2006 E90 330i
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