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Out of curiosity- how does early lease buyout work in the context of a trade in at a non BMW dealership? If I trade in my leased BMW at an Audi dealership, presumably the Audi dealership is buying the car from BMWFS at the lease buyout price that may include the remaining balance of what I owe on the lease - is that correct? The 2018 f80 I just bought had one prior owner who leased the car in January 2019, before trading it in at an Audi dealership (which is where I bought the car). I think I paid market based on what’s available in my region ($55k 2018 f80 comp with 17,500 miles), and I’m curious what sort of profit the dealership would have made given that the buyout price is determined beforehand by BMWFS.
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