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B-Line

09-10-2007 03:40 PM

Residual Values -

Hey gang,

I am just trying to get some parameters. I know every car, every car company is different..

But what would you say, on average, is the residual percent for a car after: (12k miles)

24 months
36 months

I know BMW has very high residuals, but I am looking for the average number if you also look at cars like, Lexus, Mercedes, Audi, Porsche, etc.

Is 50% the avg. residual after 36 months?

Thanks,
B

China Man

09-10-2007 05:42 PM

Lexus residuals (AFAIK) average in the mid 50% range after 36 months and 12k miles per year ... Mercedes I believe is about the same ....can't say for the others, though ....

SANguru

09-10-2007 05:58 PM

50% would be a very bad deal.. run away..

Quote:

Originally Posted by B-Line

B-Line

09-10-2007 10:24 PM

That's what I thought.. That 50% is horrible.. But then I started to look at other companies (I'm helping a friend buy a car) other than BMW, and realized most don't have near the residual as BMW.
I think BMW might even keep their residual artifically high. Fine by me !!

I was just wondering.

B

SANguru

09-11-2007 12:08 AM

Quote:

Originally Posted by B-Line

Seth.. many a times, there are other leasing companies who will offer much better money factor and residual values out there. Tell your friend to shop around and not just stick with the manufacturer financial services.

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