Quote:
Originally Posted by jsf721
Anyone ever done it ? Wife’s car is a 2017 530ix luxline loaded.
How negotiable are they on the buy out of these leased vehicles ?
She loves it and the mileage is insanely low.
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BMWFS lease buyout is typically the residual value plus any monthly payments left.
The real world value of a leased BMW at the end of lease is always much lower than the residual.
I returned my 2016 535 xDrive last month and currently it is on sale as CPO for $29K. The residual was $36.6, if I am not mistaken.
It used to be possible to work with a BMW dealer to have them buy your lease return out from BMWFS, certify it and sell it back to you for less than the residual amount but currently BMWFS does not allow such schema.