Does anyone know how BMW calculates residual values for loaner or demo vehicles with less than 5k miles on them

bmw

#1

I am currently trying to lease a 2018 BMW 330i and have been getting some questionable numbers from a dealership. I’m not sure how they are calculating the residual value. From what I’ve read online the residual value for a 2018 330i at 36mo/10k would be 58%. If this loaner I’m trying to lease has less than 5k miles on it, could that 58% really be that far down?


#2

I doubt it. But read ALL the fine print in the lease, it should specify the residue value. Since this was a loaner vehicle prior to being offered for lease it may have been abused.
You might want to consider lowering your sights and finding something you could buy instead of lease.


#3

How ever it works out best for THEM.


#4

Thanks for the replies. Thought I’d share this. I found it on bimmerfest, the URL is http://www.bimmerfest.com/news/965223/updated-residual-value-policy-for-bmws-sold-with-5k-miles-or-more/

Seems that I was right about cars that have less than 5k miles on them. I was quoted at 550 a month for a car that was $42,000 for 36mo/10k a year. Not sure how they got that number and how BMWFS would even approve it if they messed around with the residual value.


#5

You are leasing so why the concern about residual value . The idea behind leasing is you drive a more expensive vehicle then you can really afford or it is a business write off. If you have doubts about the numbers then just don’t do it.
550.00 a month at 10000.00 miles a year and after 3 years all you have to show for it is a stack of receipts.


#6

Here’s a discussion dedicated to 2018 BMW 3 series leases over at Edmunds:


#7

From what i’ve read the residual value is adjusted for the mileage compared to leasing one fresh of the lot, I think any rebates or lease cash would apply as well to the demo but those deals vary month to month. Here’s a discussion starting in January on LeaseHackr


#8

All this is meaningless. At the end of the lease you have NOTHING.
If your real question is: At the end of the lease, how much will it cost to purchase the vehicle? Again ask the dealer.

Why a Beemer?