06-01-2021, 11:04 AM | #1 |
Saving The Manuals!
208
Rep 357
Posts
Drives: Manual 18 M3
Join Date: Feb 2012
Location: Delco PA (Philly)
|
2018 M3 Lease Buyout (crazy market)
I know, this topic is beat to death.
I have a 2018 M3 SO, 6 speed Stripper with 13k miles. My lease ends in September. I have an offer from a dealer for $67k for it (which is just insane) my RV is $43,300, with this market there is absolutely no way I'm negotiating my buyout lower. The 67k offer is so appealing but I just don't think I can let my car go. My plan was todo ED with the G80 but then they released the G80 I said NOPE. Along with BMW canceling ED I just don't see me upgrading until MAYBE BMW fixes the G80 in the LCI. Obviously this market will correct so its really just me deciding if I want to potentially piss away 24k. But I do think I want to keep my M3 and finally start my "car collection" (Porsche GT4 is in my future) If i buy it out, should I even involve my dealer or just let BMW FS handle the paperwork? I can pay cash for the buyout but I'm hoping to get a low interest loan so I don't have my cash tied up into a vehicle (rather keep it in the market) Thanks!!
__________________
Ordered M3 6/30/18 PCD Delivery 9/17/18.
Manual Sakhir Orange, Cloth Interior, Black 437M's M235i 5/1/2015 ED July 8th @ 4:40pm with PCD Delivery September 9th Gone July 2nd 2018 |
06-01-2021, 12:28 PM | #2 | |
First Lieutenant
416
Rep 367
Posts |
Quote:
$24k is a lot of coin - I think I would take the offer and run. |
|
Appreciate
1
WESTCOASTTRADING106.00 |
06-01-2021, 02:58 PM | #3 | |
Colonel
3744
Rep 2,091
Posts |
Quote:
This also doesn’t make up for the lack of inventory since start of 2021. |
|
Appreciate
1
aps341.50 |
06-01-2021, 05:10 PM | #4 |
Racecar Driver
1467
Rep 2,177
Posts
Drives: BMW M4
Join Date: Mar 2019
Location: Beverly Hills, California
|
If you wanna make some money, yeah sell it lol.
__________________
N1rve
2019 BMW ///M4 - Alpine White | Sakhir Orange/Black Leather | M-DCT | Executive Package | 19" Black 437M Wheels | Carbon Fiber Trim | Sunroof | Active Blind Spot | Heated Steering Wheel | Adaptive M Suspension |
Appreciate
0
|
06-01-2021, 06:46 PM | #5 | ||
Lieutenant Colonel
2115
Rep 1,789
Posts |
Quote:
|
||
Appreciate
0
|
06-01-2021, 07:19 PM | #6 |
drunk poster
6608
Rep 3,649
Posts |
I don't think I'm 100% clear on what you're asking.
Are you asking, should I take the offer, sell my car and take the profit in cash? Sure, if you can go without your car. Hard to turn that kind of money down. Are you thinking of rolling that profit into a different car like a GT4? That's a different story, because you're selling your car at the top of the market, but likely buying its replacement at the top too. Especially that GT4. It does sound to me like you want to keep your car, though. If so, none of the above matters. I personally would cash out that kind of value retention on a mass produced, non special edition (no offense) vehicle, but I get it if you can't bear to part with your car |
Appreciate
0
|
06-01-2021, 08:14 PM | #7 |
Second Lieutenant
200
Rep 274
Posts |
I was in a very similar situation - my 2018 M3 Comp 6MT fully loaded (minus CCBs), some M-Perf bits, and 13.5k miles was coming due in September of this year, RV $48k. I ended up buying it out just last week and had some offers of 60-65k from dealers, but just gonna end up keeping it. Sticker was $81k
If yours is truly a stripped down and you're getting offers of $67k - I'd take that and run. I was looking at somewhere of like a 10-12k "profit" - you're looking at double that - I'd take them up on it as that's just too good of a deal to pass up even if you absolutely love the thing.
__________________
Current: 2018 M3 ZCP Tanzanite / 6MT | 2022 X3 M40i Brooklyn Gray
Old: 2016 M4 / Yas Marina Blue / 6MT / Dinan Stage 1 / EDC / Black Kidney Grilles / MPerf CF Spoiler / Exec Pack |
Appreciate
0
|
06-01-2021, 11:04 PM | #8 |
First Lieutenant
97
Rep 308
Posts |
OP, I see you're in Delco. Is it Otto that gave you the offer? I'm in the same boat with my lease ending in October. I haven't approach anyone yet but it's tempting. Only thing is a replacement car...
If I had another car in mind or lined up, I'd sell it. |
Appreciate
0
|
06-01-2021, 11:27 PM | #9 |
Second Lieutenant
200
Rep 274
Posts |
Exactly the same scenario I mentioned above. I need two cars in my household and I'm thinking "Well i sell the M3 make a little bit.....but then what do I get?" With me loving the F80, the high cost of used cars at the moment, and not wanting a G80, I came up with nothing which was rare for me, because usually I get pretty stoked to get into something new.
__________________
Current: 2018 M3 ZCP Tanzanite / 6MT | 2022 X3 M40i Brooklyn Gray
Old: 2016 M4 / Yas Marina Blue / 6MT / Dinan Stage 1 / EDC / Black Kidney Grilles / MPerf CF Spoiler / Exec Pack |
Appreciate
2
dawei21397.00 TractionControlDelete4629.00 |
06-03-2021, 04:38 PM | #10 | |
Private First Class
114
Rep 126
Posts |
Quote:
|
|
06-04-2021, 08:26 AM | #12 |
Private
47
Rep 96
Posts |
Looking at buying out my car as well. RV is $52k and there is nothing I can find in the price range that is really close for what you get for the money. Kinda glad the G80 turned out so ugly given the pricing situation. My wife has wanted an X5 but not paying sticker for one especially missing half its options.
|
Appreciate
1
GERMAN M34190.00 |
06-04-2021, 10:39 AM | #13 |
Colonel
1508
Rep 2,055
Posts |
Odyssey's are going above msrp right now. If you're fine living without a car then thats one thing but if you sell you'll still need to buy something that will also be inflated - at least something equivalent to the f80.
__________________
2022 X5 45e : AW/Tartufo
2018 M3 Competition : AW/SO 2016 340i xDrive : AW/CR (sold) |
Appreciate
0
|
06-15-2021, 10:15 PM | #15 |
Private First Class
40
Rep 147
Posts |
Does anyone know what 3rd party buyouts (trade at non bmw dealer) are vs individual buyouts? I have heard they can be $1000s more or about the same?
|
Appreciate
0
|
06-16-2021, 08:14 PM | #16 |
Ich Liebe mein BMW
414
Rep 887
Posts |
I just traded in my leased BMW at a third party, non BMW dealer, and there was no difference between my payoff and dealer buyout outside of sales tax.
|
Appreciate
0
|
09-01-2021, 12:38 PM | #17 |
New Member
10
Rep 11
Posts |
|
Appreciate
0
|
09-01-2021, 12:40 PM | #18 |
New Member
10
Rep 11
Posts |
|
Appreciate
0
|
09-02-2021, 02:34 PM | #19 | |
Colonel
2703
Rep 2,712
Posts
Drives: '24 X7 M60i
Join Date: Jan 2014
Location: Scottsdale, AZ
|
Quote:
__________________
Ex Stig
'24 X7 M60i '22 M5 CS - (sold) |
|
Appreciate
1
pikachupala9.50 |
09-12-2021, 07:49 AM | #20 |
Rainbow Racer
1014
Rep 2,540
Posts |
sell and use swapalease or some online lease takeover site to get into a car temporarly...
__________________
-Loe P.-
Prior Car:'14 Audi S5 3.0t DSG [ APR ECU/TCU | Pullies + basic bolt-on mods | 10.861@127.90mph ] Current Car: F82 M4cs | TT-RS | On Order: i4 M50 |
Appreciate
2
White3401507.50 silverstar335521.00 |
09-16-2021, 02:01 PM | #21 | |
Private First Class
104
Rep 169
Posts |
Quote:
|
|
Appreciate
0
|
10-16-2021, 03:37 PM | #22 |
First Lieutenant
162
Rep 368
Posts |
Sell it, pocket the $24k. Buy a beater to get you around until the prices normalize then get something you want.
__________________
Present: 2014 f30 328xi MSport, 1992 VW GTi VR6 swapped
Past: 2010 335i 6 speed; 2008 VW GTi stage 2, 2004 Subie WRX FBO, 2003 20th Anny VW GTi FBO |
Appreciate
1
danchee136.00 |
Post Reply |
Bookmarks |
|
|