[B///MWGuy]

I'm currently leasing my 40i that had MSRP of $63000. It was an executive demo and had around 4000 miles on it. I negotiated to $52000 along with some incentives and MSD and ultimately have been paying $590 including tax and without downpayment for 12k/36 (ending 2022 June). Odo is showing little less than 20k miles so far.

The residual value I see on my contract is around 35k and I see that similarly specc'd 2019 models are still hovering around 50k. So I expect they under valued this car. Has anyone seen situation like this?

Yes I am still a little over a year from the lease end but I'm not sure if that period is enough for market value to drop $20k, given the popularity. If anyone else also have 2019 model, what is your residual look like?

[TurtleBoy]

Originally Posted by B///MWGuy

I'm currently leasing my 40i that had MSRP of $63000. It was an executive demo and had around 4000 miles on it. I negotiated to $52000 along with some incentives and MSD and ultimately have been paying $590 including tax and without downpayment for 12k/36 (ending 2022 June). Odo is showing little less than 20k miles so far.

The residual value I see on my contract is around 35k and I see that similarly specc'd 2019 models are still hovering around 50k. So I expect they under valued this car. Has anyone seen situation like this?

Yes I am still a little over a year from the lease end but I'm not sure if that period is enough for market value to drop $20k, given the popularity. If anyone else also have 2019 model, what is your residual look like?

That looks correct. My 2019 that I got in January has an RV% of 58% so yours in June probably went down to 57% which would put your RV at $35,910.

[B///MWGuy]

Curious if the Pandemic, SUV demand, and renewed model might have affect on depreciation.
If it end up with market value being higher than >$1000 than the resudual value, I think we might have a good reason to purchase...

[phillydilles]

... I think we might have a good reason to sell it to Vroom/Carvana, pocket the +equity, and go hack the next lease! ... FTFY

[VTENGR]

Originally Posted by phillydilles

... I think we might have a good reason to sell it to Vroom/Carvana, pocket the +equity, and go hack the next lease! ... FTFY

Except those companies give you about what trade in value is, which typically is a lot less than market value. So if residual minus market is a lot and trade in falls in between, maybe worth it - if not private party sell, buy out the lease, pocket the money for DP on next lease.