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BMW 3-Series (E90 E92) Forum
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Lease buy-out
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09-01-2011, 07:52 AM | #1 |
Dreamer
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Lease buy-out
Hello there, just wondering if anyone can share their experience when they bought out their lease?
Do you know if the buy-out price is negotiable at all? With the E90 being phased out, will BMW Canada be anxious to get rid of them? I've done some research on this board, and there isn't much about buy-out. I know BMW inspections are quite hard (they bill you for ever nick and scratch.) I have the wear and tear insurance so I'll see how far that takes me. I'm still deciding whether to buy it out and looking for any feedback anyone might have. '08 335i E90 sedan, Premium, Sports package. TiAg. |
09-01-2011, 10:37 AM | #7 |
Captain
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If you wish to refi your remaining buyout portion via BMW Finance, they do do that, but when I asked, the rate was like 8%. lol, put it under your home equity line if you can, it's probably prime-ish. Better than their rate.
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09-01-2011, 11:04 AM | #8 |
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09-01-2011, 11:10 AM | #9 |
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No negotiation & if you decide to buy it out, call BMW financial and deal with them directly to avoid dealer's fee.
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12 E92 M3 Competition package, lights package, navigation system professional, exterior mirror package, dct
Retired: 12 E82 135i, 11 E88 128i, 05 E46 M3, 07 E92 328i, 07 X3 3.0is, 88 E30 325i, 84 E30 318i |
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09-01-2011, 11:34 AM | #10 |
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Drives: 2021 BMW X5 40i
Join Date: Oct 2010
Location: Calgary, Alberta
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also when we were buying out....they didn't do the inspection so we don't have to worry about any dings/scratches etc....so i think the inspection is only done if your returning the car to them
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09-01-2011, 01:49 PM | #11 |
Dreamer
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Right. I'm still debating. Thanks to everyone for their input! I'm also gonna find out what else I can in terms of a line of credit.
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09-01-2011, 02:47 PM | #12 |
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just an idea: how about going through the datascan inspection and wait till you're down to 1-2 weeks 'till end-of-lease date before paying-off the car. between now 'till then, bmwfs may contact you offering incentives to take over the car (depending on the market for pre-owned E90s)
even better, you may stumble upon a good deal for a brand new E90 during the year-end clearout. IIRC, your 335 has the original twin turbos, not the twin-scroll ones... you may opt for the newer model to avoid hpfp issues plaguing N54 engines |
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09-01-2011, 02:51 PM | #13 | |
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Quote:
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