BMW Select Residuals on 60 Months?

HawaiiG80Green · 11-23-2016, 01:35 AM

Does anyone know where i can get the residual of the M2 on BMW Select for 60 months?

David1 · 11-23-2016, 08:25 PM

I would need to look at my paperwork but it's around 30% give or take depending on your credit score

HawaiiG80Green · 11-23-2016, 10:22 PM

Quote:

Originally Posted by David1

I would need to look at my paperwork but it's around 30% give or take depending on your credit score

Thanks David. So it is indeed 32%. I thought it was just too low and expecting 37% or 40%. I on the Top Tier credit.

David1 · 11-24-2016, 04:23 PM

My paperwork was at 33% and thats as high as it goes.

HawaiiG80Green · 11-24-2016, 04:27 PM

Quote:

Originally Posted by David1

My paperwork was at 33% and thats as high as it goes.

appreciate the response David!

MdMcoupe · 11-24-2016, 08:33 PM

How would you figure out a monthly payment?

I have a quote from my salesman for the select program.

My build came to 58K (57,995) and i was quoted $19,138 for my balloon payment (58000 * .33 = 19,140) so I see how he came up with that figure.

At 3.9% i asked for monthly payments at:

5k down -- he said 766/month

10K down --- he said 674/month

15k down --- he said 582/month.

Sorry for the dumb question, but what's the formula for figuring out the monthly payment? These quotes seem kinda high, maybe i am doing something wrong.

Build was $58K, with taxes minus deposit $61,000. Credit score all 3 in mid 750's.

Thanks

HawaiiG80Green · 11-24-2016, 09:08 PM

Quote:

Originally Posted by MdMcoupe

How would you figure out a monthly payment?

I have a quote from my salesman for the select program.

My build came to 58K (57,995) and i was quoted $19,138 for my balloon payment (58000 * .33 = 19,140) so I see how he came up with that figure.

At 3.9% i asked for monthly payments at:

5k down -- he said 766/month

10K down --- he said 674/month

15k down --- he said 582/month.

Sorry for the dumb question, but what's the formula for figuring out the monthly payment? These quotes seem kinda high, maybe i am doing something wrong.

Build was $58K, with taxes minus deposit $61,000. Credit score all 3 in mid 750's.

Thanks

Seem a little high. The rate is 2.9%.

HawaiiG80Green · 11-24-2016, 09:10 PM

Delete

HawaiiG80Green · 11-24-2016, 09:12 PM

Quote. I did get $1500 fleet discount though off msrp

11-23-2016, 01:35 AM	#1
HawaiiG80Green First Lieutenant 538 Rep 315 Posts Drives: 2017 M2 Join Date: Jan 2016 Location: Honolulu iTrader: (0)	BMW Select Residuals on 60 Months? Does anyone know where i can get the residual of the M2 on BMW Select for 60 months?
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11-23-2016, 08:25 PM	#2
David1 Brigadier General 816 Rep 3,957 Posts Drives: 09 E92 09 X5 Join Date: Mar 2007 Location: Columbus, OH iTrader: (1)	I would need to look at my paperwork but it's around 30% give or take depending on your credit score __________________ 2021 M2 Comp Sunset Orange \|Black with orange Stitching Dakota Leather\|Executive Pkg\|DCT
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11-24-2016, 04:23 PM	#4
David1 Brigadier General 816 Rep 3,957 Posts Drives: 09 E92 09 X5 Join Date: Mar 2007 Location: Columbus, OH iTrader: (1)	My paperwork was at 33% and thats as high as it goes. __________________ 2021 M2 Comp Sunset Orange \|Black with orange Stitching Dakota Leather\|Executive Pkg\|DCT
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11-24-2016, 08:33 PM	#6
MdMcoupe Private First Class 40 Rep 114 Posts Drives: 2000 Mcoupe (blown/track toy) Join Date: Sep 2016 Location: East Coast iTrader: (1)	How would you figure out a monthly payment? I have a quote from my salesman for the select program. My build came to 58K (57,995) and i was quoted $19,138 for my balloon payment (58000 * .33 = 19,140) so I see how he came up with that figure. At 3.9% i asked for monthly payments at: 5k down -- he said 766/month 10K down --- he said 674/month 15k down --- he said 582/month. Sorry for the dumb question, but what's the formula for figuring out the monthly payment? These quotes seem kinda high, maybe i am doing something wrong. Build was $58K, with taxes minus deposit $61,000. Credit score all 3 in mid 750's. Thanks __________________
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11-24-2016, 09:10 PM	#8
HawaiiG80Green First Lieutenant 538 Rep 315 Posts Drives: 2017 M2 Join Date: Jan 2016 Location: Honolulu iTrader: (0)	Delete
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11-24-2016, 09:12 PM	#9
HawaiiG80Green First Lieutenant 538 Rep 315 Posts Drives: 2017 M2 Join Date: Jan 2016 Location: Honolulu iTrader: (0)	Quote. I did get $1500 fleet discount though off msrp Attached Images
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