09-26-2022, 09:36 PM | #1 |
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Drives: 2021 540ix
Join Date: Nov 2020
Location: NYC/Long Island
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How do you buy out lease ?
I probably have a year left on my lease , but love my 2021 540 and will probably buy it if these car prices continue to stay elevated. I really love the car, color(Bernina grey), options , and minimal mileage so far like 8k. 76k msrp so fully loaded for the most part for a 540.
If I choose to buy it out at lease end I probably won't want to pay cash. How do you get the financing at lease end ? Do I just go to local bank and tell them I want a car loan for 44k or whatever and they cut a check to bmw ? Is it as Simple as that ? |
09-27-2022, 12:13 PM | #3 | |
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09-28-2022, 01:30 PM | #4 |
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I heard that before Covid there were usually lease buyout deals every now and then when you entered last 12 months of your lease. It could be $5k or $3k incentives. But I don't know if that still exists today with current market.
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