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      06-30-2013, 07:36 PM   #1
Jgcdude1
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Lease End Advice

Hi All,

Looking for some input from the community regarding my vehicle for lease end.

2011 335i E93
-Le Mans Blue
-Saddle Brown Interior
-Steptronic w/Paddles
-M Sport, 19" Alloy's 230 Wheels
-Light Burl Walnut Trim
-Premium Package
-Harman Kardon Sound System
-Navigation System
-BMW Ipod and Smartphone Integration
-BMW Assist with Bluetooth
-Comfort Access

I think that's all the options.

Obviously three options:
return it, buy it, or get a new one. The residual is 38,000k, however it was hit at 19k (somehow in our parking lot) the hit was small, thought all I needed was a new bumper.

Took it to BMW certified repair shop in Irvine, they discovered that it was the proverbial magic bb. Whoever hit me, managed to hit the (drivers side) frame where the rear meets the right side joint (illustration - |_ ), bending it ever so slightly. Had repaired back to OEM specs, but the accident is now on record.

My question, now that is on record, does it make a difference in what a fair price is?
Does it matter that it was a certified repair?
What would be a good guess at that fair price or the actual residual price now that the accident is on record?

I've said a lot, but its needed to provide a good synopsis of my situation. I am about 6 months away from lease end.

Any and all advice is greatly appreciated.
Thanks!
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      07-01-2013, 06:34 PM   #2
Jgcdude1
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Anyone?
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      08-09-2013, 12:47 AM   #3
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Looks like all the crowd went to F30. I came looking for the same question you have asked.

Perhaps post in Bimmerfest 'Ask a dealer' section and even in general one. Good luck! Perhaps you have made a decision already?

I am in the same boat with an E90 328i residual at 27.6K, with two rear bumper (including one with seat belt replacement) accidents.

contemplating leasing an F30 but thinking why when I still like my car like day 1. Reliability and peace of mind perhaps :-/
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      08-09-2013, 07:52 AM   #4
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I suppose that's one of the advantages of a lease - if you get into an accident, you are not responsible for taking the hit in resale.

I would:
-Find the Kelly Blue Book value for your car
-Look into how much you can negotiate off the price of your residual
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      08-09-2013, 11:48 AM   #5
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If you're returning it and it's not noticeable then you're good to go. My 09 was hit from the back and the bumper was replaced and the work was done at a certified BMW collision center. Returned the car with no hassle from the inspector.

I've also called the inspector prior to me getting the work done and had a lengthy conversation about this and in a nutshell...as long as it's factory spec, you're good to go. Granted I didn't ask about any frame damage since mine didn't have any. Your best bet would be to talk to your lease return advisor.
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      08-09-2013, 12:45 PM   #6
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Quote:
Originally Posted by CJ421 View Post
I suppose that's one of the advantages of a lease - if you get into an accident, you are not responsible for taking the hit in resale.

I would:
-Find the Kelly Blue Book value for your car
-Look into how much you can negotiate off the price of your residual
this is how I would do it if I wanted to keep the car. BMW is known to negotiate however, these cars to command a fair lease return sale price at most dealers. Seems to me they would negotiate an equitable for both sides deal. Otherwise, return it and find another at a great price at a dealer and have it CPO'd.

Let us know what you do
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      08-10-2013, 12:01 PM   #7
Jgcdude1
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Thanks for the replies. I'll have to wait until I'm closer to lease end. They don't seem to want to negotiate at the money. Called and was told the price is what the residual is and that's it.

If that's the case, I'm returning it. Have to wait and see
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