[StatenEye]

I leased the car for 390 per month with 4100 down for 24 months. It was a loaner car so the sticker price was $39k. I drove the car off the lot with 13k miles on it. I knew i wasnt going to drive it much, i only put on a few thousand miles 4k at the most. Now my lease is up in October and i have a few questions;

Will a release be available and if so will it be more or less then the $390 a month i pay now?

Will a buyout price be available and if so what do you think the price would be? ( I searched the orig transaction docs for a buyout price and i could not find one)

Would you re-lease, buyout or lease a new 335i?

I would really appreciate you experiences and input.

Many Thanks
Mike

[vbb]

First off, it will almost certainly be much more expensive to re-lease your exact same car over again, so you might as well scratch that option off of your list.

Now the question is should you buyout your car, or should you just turn it in and lease a new 335i. There are pros and cons to each decision. I am not yet at lease turn in, but initially I planned to just turn my car in and lease something new. I thought about a 535i or a 335 coupe, but I really think the 335i sedan is the best of both worlds and suits my needs perfectly. And instead of leasing a new one, I'm happy to just keep mine and pay it off.

From what I've been reading, most dealerships will renegotiate your buyout price to reflect current market conditions, and when it's time, this is what I plan on doing. Even if I can knock off a couple thousand dollars from my residual price, I'd consider that a win. If you want an accurate buyout price, just contact BMWFS directly, or contact your dealer and tell them you want to buy your car and see what numbers they can come up with. Since yours has so few miles, it might not be a bad idea to just keep it.

[nicknaz]

if the car's been solid buying it out at a lower price is a great option

[thegeneral101]

i was thinking of buying mine out as well but the way I have beat it up during the lease period it will probably fall apart after a few year. guess i'll just re-lease a new one

[wakeboarder109]

I am in the same situation except my lease is up next june. i'll be curious to see if you BMWFS offers you a decent price.

[rkick08]

call the dealer to get your buyout price. should be in the 12K range. all depends if u want your car or a new one...

i cant have a car for more than 3 years, thats just me but i know friends of mines who will stick with their cars for about 5 to 7 years... its all on what moves you!

[jdborgees187]

I am sorry is that $12,000??

[mojojosung]

if i remember correctly, you can't really do much with a lease buyout/negotiating until 3 months before your lease is up (in your case this would be in June/July), unless you want to pay a ridiculous price to payoff early.

do a search on this section and see how some other members have negotiated their buyout. In June/July, contact every dealer around your area and see what they are willing to do for you. Remember, any dealer can initiate a lease buyout for you. It might be a good idea to set a buyout price that you think is reasonable, and see if any dealers are up for it.

I am currently in the middle of buyout negotiation for my 07 328i and believe me, dealers are happy to fit my needs to sell the car. the current market is a buyer's market. I'll update you with my deals later.

[Kyle_e90]

Originally Posted by mojojosung

if i remember correctly, you can't really do much with a lease buyout/negotiating until 3 months before your lease is up (in your case this would be in June/July), unless you want to pay a ridiculous price to payoff early.

do a search on this section and see how some other members have negotiated their buyout. In June/July, contact every dealer around your area and see what they are willing to do for you. Remember, any dealer can initiate a lease buyout for you. It might be a good idea to set a buyout price that you think is reasonable, and see if any dealers are up for it.

I am currently in the middle of buyout negotiation for my 07 328i and believe me, dealers are happy to fit my needs to sell the car. the current market is a buyer's market. I'll update you with my deals later.

[kgb1637]

Hmmm, being that your car is so low on mileage, BMWFS will be less likely to offer you a deal other than your contracted buyout. What is the KBB value vs. the buyout?

[linuxra]

I have a 328i 2007 miles 24k exceeded 4k miles leased 4700 down 390 per month i dont know i got a good deal
but bmwfs offered a buyout of 23800k i owe some property taxes including
total is 25500
my credit is low so the apr is 13.39 so i am getting a monthly payment 597
is it a good deal they said they offered 5k rebate on 28800
is it a good deal?

[BMW F22]

$28,800 for a 328i is pretty expensive. I would negotiate that number first, THEN apply the rebate (since it shouldn't come from the dealer's pocket). BTW, you don't negotiate with BMWFS, you negotiate with your local dealer. So start with 28,800 and get your lowest price without the rebate.