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      10-19-2020, 05:33 PM   #1
krusir
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Buying leased 2018 F80 from someone

I am interested to buy a leased 2018 F80 from someone. His lease term is going to end soon and it is from BMW FS.

I ask him to get clean title before selling to me. This way seems get transfer tax hit twice. He is going to pay sells tax and feels once. Then I need to pay it once also.

Will BMW FS accept the seller consent I am acting on his buyback? Then I deal with BMW FS directly to pay the purchase price and I got title mail to me directly.

Last edited by krusir; 10-19-2020 at 05:42 PM..
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      10-20-2020, 05:32 PM   #2
Kyosho26
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No. Only the current leasee can buy the car. I tried before already.
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      10-20-2020, 06:53 PM   #3
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in order to purchase the car, the original lessee has to purchase the vehicle and then can sell to third parties
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      10-20-2020, 11:18 PM   #4
krusir
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If BMW FS won't allow 3rd party to buy the car, then seller probably just return the car instead of selling it.

I am wondering does BMW FS treat individual then CarMax ( the online shop ). I googled and it says you ( leasee ) can sell their going to end leased car to CarMax like.
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      10-20-2020, 11:21 PM   #5
AWE46M3
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Yes dealers works differently from private parties. Dealers can buy directly from bmwfs.
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      10-21-2020, 08:41 PM   #6
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you could try taking over the lease... i had a car years ago with bmwfs and got rid of it on swapalease.

pretty common practice unless bmwfs no longer allows for someone else to take over the lease... do that and you buy it out at lease end at the residual price.
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