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.