Delete

[shwinturbo]

I am looking to buyout my F80 in 2 months when the lease is up, I took over someone's lease with only a few months left so the Buyout Price + Remaining Lease Payments came out to just under $49k out of pocket before fees and taxes.

Has anyone had any experience having the dealer buy the car and then sell it back to you? If anyone has any dealer contacts in the Tri-State area that would be good for me to get in touch with please let me know. I understand that there might not be much wiggle room when it comes to M3's.

[///M4ster Yoda]

Originally Posted by shwinturbo

I am looking to buyout my F80 in 2 months when the lease is up, I took over someone's lease with only a few months left so the Buyout Price + Remaining Lease Payments came out to just under $49k out of pocket before fees and taxes.

Has anyone had any experience having the dealer buy the car and then sell it back to you? If anyone has any dealer contacts in the Tri-State area that would be good for me to get in touch with please let me know. I understand that there might not be much wiggle room when it comes to M3's.

For those curious the buyout details are: 2016 F80, MT, Exec, Lightning, for $44.5k @ 28k miles in March 2019.

There is no wiggle room. BMW did away with allowing the dealerships to buy the car and then sell it at a discount to the previous leaser. Your buyout price (residual value) is your price. Period

Bullshit for sure. That's how BMW is operating nowadays

[Wah]

I've heard dealerships can buy the car for less than buyout. You can talk to your dealer and ask them if perhaps they will give you a better price... if you were thinking of CPOing it, then maybe they can recoup some of the money that way. Worst they can say is no.

[spdandpwr]

Good luck and let us know how it goes. I want to buy out my lease but it looks like the residual was to good to be true.

[bretster]

Originally Posted by shwinturbo

I am looking to buyout my F80 in 2 months when the lease is up, I took over someone's lease with only a few months left so the Buyout Price + Remaining Lease Payments came out to just under $49k out of pocket before fees and taxes.

Has anyone had any experience having the dealer buy the car and then sell it back to you? If anyone has any dealer contacts in the Tri-State area that would be good for me to get in touch with please let me know. I understand that there might not be much wiggle room when it comes to M3's.

For those curious the buyout details are: 2016 F80, MT, Exec, Lightning, for $44.5k @ 28k miles in March 2019.

I can help you with this, I work at a BMW dealer here in NJ. PM me and I can help you with it

[Svergel91]

Originally Posted by spdandpwr

Good luck and let us know how it goes. I want to buy out my lease but it looks like the residual was to good to be true.

what do you mean "it looks to good to be true"?

[Violat0rX]

Originally Posted by bretster

I can help you with this, I work at a BMW dealer here in NJ. PM me and I can help you with it

I'm in the same boat with my F82. Might reach out to you as well.

[bretster]

Originally Posted by Violat0rX

I'm in the same boat with my F82. Might reach out to you as well.

Sure, feel free to pm.

[two-five boy]

I bought out my lease last June through a dealer. There was no wiggle room in my case, although I was already satisfied with the residual amount.

My exp was a negative one due to the dealer, as it required me to pay for another inspection ( I had several months left) and forced me to replace the front reflector delete to pass inspection. Last but not least they didn't send in paperwork for more than a month which delayed the title transfer.

I called both bmwfs and corporate and basically got the runaround, both claiming they have no ability to reprimand the dealership. Still upset about this exp as I type this.

In retrospect, I should've just done the paperwork with bmwfs directly and make a trip to dmv, which I was trying to avoid.

[RowanBuds]

Bought mine out last May and had a good deal of wiggle room on the buyout #. But, people are saying that's changed, so YMMV.

I'll add in, though, in the 3 years of my lease just about every time I asked anyone about negotiable residuals the answer was always NO, Can't do it. When I was ready to buy mine out Maury's detector determined that was a lie.

[FSociety]

Originally Posted by RowanBuds

Bought mine out last May and had a good deal of wiggle room on the buyout #. But, people are saying that's changed, so YMMV.

I'll add in, though, in the 3 years of my lease just about every time I asked anyone about negotiable residuals the answer was always NO, Can't do it. When I was ready to buy mine out Maury's detector determined that was a lie.

Did you call BMWFS directly?

[shwinturbo]

Originally Posted by FSociety

Did you call BMWFS directly?

From my research, but not actual experience, BMWFS does nto negotiate with customers.

[RowanBuds]

Originally Posted by FSociety

Did you call BMWFS directly?

Originally Posted by shwinturbo

.

From my research, but not actual experience, BMWFS does nto negotiate with customers.

That is my understanding as well.

No, worked through a dealer to get my number starting about 45-50 days out from lease end. My car was a high msrp, and their expected market values will not be moved much due to that; my presumption was the higher the spec the more movement you should be able to find

[guess2098]

2 weeks ago buy out my x5m, one dealer offer 1200 off another offer 3200 off and the one I made purchase gives 5000 off. Just see how bad they want their commission.

[xtac]

So what incentive does the dealer have to take off any amount due for the buy out? Does bmw treat this just like buying a new/used car? Why wouldn't BMWFS only allow you to purchase it through them since they already control the lease? seems odd they would allow it but sounds good for those of you getting a % off.

[Crazy Penguin]

Originally Posted by xtac

So what incentive does the dealer have to take off any amount due for the buy out? Does bmw treat this just like buying a new/used car? Why wouldn't BMWFS only allow you to purchase it through them since they already control the lease? seems odd they would allow it but sounds good for those of you getting a % off.

Maybe service thru them 🤔

[MadZarBMR]

Curious if those that have done this had to finance thru BMWFS? If so, I can easily see BMW choosing this vs sending to auction and missing out on more profit. I also wonder if in all cases, having the car CPO'd was required. I remember another thread not too long ago mentioning that a dealer was willing to do this, but only if they CPO'd the car.

[c0nrad]

Originally Posted by xtac

So what incentive does the dealer have to take off any amount due for the buy out? Does bmw treat this just like buying a new/used car? Why wouldn't BMWFS only allow you to purchase it through them since they already control the lease? seems odd they would allow it but sounds good for those of you getting a % off.

dealer gets it at a way lower price and sells it to you lower than you residual, so you're still getting it cheaper + they're making some money

although i heard BMWFS cracked down on this

[Robotechnology]

BMW FS added an Option C price last July. Option C is how much the original leasee pays to buyout their lease. It is based on residual minus a certain amount depending on the vehicle. Since July an F80 has been $800 off residual and F82 has been $1k off residual.

[sladha]

Of course you can. I have personal experience with this just within the past year. Feel free to PM and I can put you in touch with my dealer/rep in Northern NJ he'll take care of you.