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      05-15-2011, 07:07 PM   #1
crazydiamond
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Advice on 2008 335i lease return

Hi,

My 2008 335i lease runs out in Oct '11. I have very low (about 22k) miles on it but the original runflats need replacement pretty bad (down to 3/32).

Otherwise, the car is in excellent shape. No problems whatsoever. Just got the HPFP replaced as part of the recent recall campaign.

My buyout in Oct is $25.6k

I really like the car and don't mind keeping it for another year or two before the F30 is out.

The options:

1. Sell the car now privately for about $29-30k. I will be ahead by about 2-3k in this situation. Get a new 335 :-)

2. Put new non runflat tires (thinking conti DWS) on it and keep driving it for another 2 years. At lease end I can try to negotiate for a lower price or worse case buy it for 25.6k + the stupid CA tax.

3. Put some used runflat tires on it and turn it in and get a new 335 at lease end. Could also try driving dangerously with current tires for 2 months and then use the pull-ahead program. I'm hoping they cut me some slack for being about 20k+ miles under lease.

Looking for opinions on what to do, decisions decisions :-)
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      05-15-2011, 07:12 PM   #2
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they dont give a shit if you have 10 miles on the car. pick up a set of used runflats from a member.

oh, and take a few CC road trips.
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      05-15-2011, 10:26 PM   #3
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i'd keep it til the F30, sounds like it's been pretty much babied
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      05-16-2011, 12:31 AM   #4
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If I do decide to keep it, Will I need runflat tires to get it CPO'd?
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      05-16-2011, 10:24 AM   #5
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I recently went through the exact same exercise. My 08 335xi lease was up in April. I considered:

1) Extending the Lease (As I recall, the max extention is 6 months, call BMWFS and they can confirm that).
2) Buy my 335xi (residual was $31K, dealer offered $27.5K but no CPO). This was not a serious consideration for me so I didn't pursue the CP0. Point being, residuals are negotiable.
3) Lease new one (which I did).

If you lease a new one soon with pull through, they won't really care about the tires. If they do, eBay has a bunch that would get you through the lease inspection.

Good luck, it all comes down to what you think is best for your situation. I like new cars every 3 to 4 years.


Cheers,
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      05-16-2011, 03:07 PM   #6
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Though I personally hate the idea of leasing, if it fits your lifestyle and you like it... Why not lease a brand new one? Switch up the options a bit, change the color and what not. You could try and go to your dealer to get out of your lease early and get a new car (right now)... My friend did that. Her X3 needed new tires and was almost out of the mileage cap. She did it four months early and got into a new 328xi. Check it out.
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      05-19-2011, 01:57 AM   #7
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update

Ok...so I went into the dealer today to get an appraisal. They will basically buyout my lease 4 months early for 500 over what I owe on the car right now.

I am being offered a fairly good lease on a 2011 328i with ZSP, ZPP, ZVP and 6MT. (about $460 a month with 1k drive-off)

I am really tempted by this at this point :-) The only negative is that it has the standard 10 speaker audio which apparently is no good.

Dealer has looked in all of california but can''t find any 6MT with the logic 7/HK sound. So I have to stick to this or do a custom order.
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      05-19-2011, 02:31 AM   #8
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Unless somebody responded... You can get the current buyout total, pay BMW Financial and you'll own the car. If your willing to go through the extra effort you at least get a few grand over the trade offer.
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      05-20-2011, 02:06 AM   #9
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Done. Enjoying my new 6MT :-) Thanks for all the suggestions.
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