Any chance I can trade in my new F30 for a G20 with no penalty?

Bryan M · 03-25-2019, 06:02 PM

I have a 2018 F30 with 9500 miles on it. I'm on a lease for 36 months and I am 9 months into it.

What are the odds I can go to the dealership and trade it in on a G20? While keeping the same payments? I got an email with a $2000 loyalty credit!

My brother in law did this on a Toyota 4 Runner. They traded him in at about a year in and his lease payments were the the same.

Doable?

Bryan

sarafil · 03-25-2019, 06:57 PM

Lol

Not a chance

BigSky702 · 03-25-2019, 07:00 PM

Or you'll have EXTREMELY HIGH NEGATIVE EQUITY!! That will be rolled into your new payments!!

Especially from an unscrupulous dealer!

I had a similar itch with Infiniti! And made a BAD decision!!

Pauleebe · 03-25-2019, 08:32 PM

Not worth it. You'll financially be in an unfavorable position for sure, if the deal can even be structured to make this happen.

achopra · 03-25-2019, 09:12 PM

I guess you could do a buy out the F30 and then trade-in the vehicle to the dealer when leasing the G20. You'll definitely lose some money in the transaction ...Lease payment won't be the same.

BLVCKBURN · 03-26-2019, 08:15 PM

Only way out is to pay off the rest of the lease. Wait it out with payments or pay the rest of the payments. Its what I did when I owned a 30 year edition GLI from volkswagen.

simpact · 03-27-2019, 01:14 AM

Only real option is to do a lease transfer. If you didn’t pay any up front fees or down payments you won’t lose out on too much.

BigSky702 · 03-27-2019, 05:18 AM

Good idea! Swapalease

Pauleebe · 03-27-2019, 09:08 AM

Quote:

Originally Posted by BigSky702

Good idea! Swapalease

You usually still have to pay a bonus to the new person taking over the lease. And there is generally a lease transfer fee required by BMWFS.

Anything is possible, but there will be a cost associated with it.

BigSky702 · 03-27-2019, 12:31 PM

Quote:

Originally Posted by Pauleebe

You usually still have to pay a bonus to the new person taking over the lease. And there is generally a lease transfer fee required by BMWFS.

Anything is possible, but there will be a cost associated with it.

True, but it’s better than having all of the negative equity rolled into a new payment.

It would be a different story if he had a car that was in extremely high demand ...maybe it would work.

Otherwise, relax and enjoy the new car, 27 months will fly by fast!
Might qualify for 3-6 month pull ahead!

Pauleebe · 03-27-2019, 05:21 PM

Quote:

Originally Posted by BigSky702

True, but it’s better than having all of the negative equity rolled into a new payment.

It would be a different story if he had a car that was in extremely high demand ...maybe it would work.

Otherwise, relax and enjoy the new car, 27 months will fly by fast!
Might qualify for 3-6 month pull ahead!

I agree.

I would prefer to not have the first MY of the G20, but since my F30 is ending, it puts me right on that schedule and I'm basically forced into a MY19 G20 or I have to choose a different BMW model.

OP, perhaps look at your situation as a blessing in that most first MY of a new chassis usually improve 2-3 years into production, which is when the you would be looking to order as your lease ends.

Bryan M · 03-27-2019, 05:31 PM

Thanks for everyone's replies. I really enjoy my current car and considered waiting for the G20 but became impatient. Oh well, first world problem LOL. I'll just end up finishing the lease.

Hey I will have my first oil change in a couple weeks so I can at least check them out at the dealership

Bryan

happydanny3 · 03-27-2019, 11:06 PM

Try Swapalease. I got out of my lease early a couple of times using it.

Frank_NJ · 04-04-2019, 06:24 AM

If you are using BMWFS call them up and speak to early termination department about Option B early termination. I have done that a few times in the past and works out well.

Quote:

Originally Posted by Bryan M

Thanks for everyone's replies. I really enjoy my current car and considered waiting for the G20 but became impatient. Oh well, first world problem LOL. I'll just end up finishing the lease.

Hey I will have my first oil change in a couple weeks so I can at least check them out at the dealership

Bryan

03-25-2019, 06:02 PM	#1
Bryan M New Member 11 Rep 27 Posts Drives: 2018 330i Join Date: Oct 2009 Location: Central Texas iTrader: (0)	Any chance I can trade in my new F30 for a G20 with no penalty? I have a 2018 F30 with 9500 miles on it. I'm on a lease for 36 months and I am 9 months into it. What are the odds I can go to the dealership and trade it in on a G20? While keeping the same payments? I got an email with a $2000 loyalty credit! My brother in law did this on a Toyota 4 Runner. They traded him in at about a year in and his lease payments were the the same. Doable? Bryan
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03-25-2019, 06:57 PM	#2
sarafil Lieutenant 98 Rep 426 Posts Drives: 20 X5 M50i Join Date: Oct 2005 Location: Boston, MA iTrader: (2)	Lol Not a chance __________________ 2020 X5 M50i Alpine White / Coffee Merino Leather 2020 M550i Carbon Black / Canberra Beige Leather
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03-25-2019, 07:00 PM	#3
BigSky702 Captain 687 Rep 911 Posts Drives: 2016 M4 Sakhir Orange Join Date: May 2016 Location: Ohio iTrader: (0)	Or you'll have EXTREMELY HIGH NEGATIVE EQUITY!! That will be rolled into your new payments!! Especially from an unscrupulous dealer! I had a similar itch with Infiniti! And made a BAD decision!! __________________ Current: 2020 M340i Previous: 2016 M4 Sakhir Orange Not too distant future: ///M3 or ///M5 (ED)
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03-25-2019, 08:32 PM	#4
Pauleebe Colonel 380 Rep 2,290 Posts Drives: Inbetween BMW's. Join Date: May 2013 Location: Washington, DC iTrader: (0)	Not worth it. You'll financially be in an unfavorable position for sure, if the deal can even be structured to make this happen.
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03-25-2019, 09:12 PM	#5
achopra Private First Class 34 Rep 112 Posts Drives: 2013 BMW 335i MSport Join Date: Jun 2012 Location: Columbia, MD, USA iTrader: (0)	I guess you could do a buy out the F30 and then trade-in the vehicle to the dealer when leasing the G20. You'll definitely lose some money in the transaction ...Lease payment won't be the same. __________________ 2020 G30 M550i ED on Sep 10, 2019 2016 F80 M3 ED on Jun 6, 2016 2013 F30 335i MSport ED on Aug 27, 2012 (Gone!) 2006 Mercedes-Benz SLK 350 (Gone!)
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03-26-2019, 08:15 PM	#6
BLVCKBURN First Lieutenant 864 Rep 398 Posts Drives: '24 - G82 - M4x Comp Join Date: Oct 2018 Location: New England iTrader: (0)	Only way out is to pay off the rest of the lease. Wait it out with payments or pay the rest of the payments. Its what I did when I owned a 30 year edition GLI from volkswagen. __________________ Last edited by BLVCKBURN; 03-26-2019 at 08:20 PM..
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03-27-2019, 01:14 AM	#7
simpact Private 53 Rep 83 Posts Drives: 2024 330i Join Date: Nov 2018 Location: Ca iTrader: (0) Garage List 2023 Porsche Macan S [0.00] 2024 330i on order [0.00]	Only real option is to do a lease transfer. If you didn’t pay any up front fees or down payments you won’t lose out on too much.
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03-27-2019, 05:18 AM	#8
BigSky702 Captain 687 Rep 911 Posts Drives: 2016 M4 Sakhir Orange Join Date: May 2016 Location: Ohio iTrader: (0)	Good idea! Swapalease
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03-27-2019, 05:31 PM	#12
Bryan M New Member 11 Rep 27 Posts Drives: 2018 330i Join Date: Oct 2009 Location: Central Texas iTrader: (0)	Thanks for everyone's replies. I really enjoy my current car and considered waiting for the G20 but became impatient. Oh well, first world problem LOL. I'll just end up finishing the lease. Hey I will have my first oil change in a couple weeks so I can at least check them out at the dealership Bryan
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03-27-2019, 11:06 PM	#13
happydanny3 Private First Class 42 Rep 151 Posts Drives: M4 Join Date: Mar 2019 Location: GA iTrader: (0)	Try Swapalease. I got out of my lease early a couple of times using it.
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