E90Post
 


TNT Racewerks
 
BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > New & Preowned BMW Ordering / Pricing / Tracking Information Forum (including European Delivery) > Manuals, Invoice/MSRP Pricing, Buying Guides, Bulletins, etc. > Buy Out at end of lease.



Reply
 
Thread Tools Search this Thread
      10-09-2007, 04:34 PM   #1
Inuyasha
“One finds limits by pushing them”
Inuyasha's Avatar
122
Rep
529
Posts

Drives: M2C
Join Date: Dec 2006
Location: NYC

iTrader: (0)

Buy Out at end of lease.

I know Bimmers have a good resale value, so I'm wondering if all is well with my car (excellent condition, low miles) at the end of the lease will my buyout be lower than the market value?

I wonder if my car will be worth over 30k in 2010 (Options in sig).

Anyone think so?
__________________
MY2019 M2C
Street Bike: Honda Grom. Track Bikes: 02 SV650/09 R6
"It is a shame for a man to grow old without seeing the beauty and strength of which his body is capable"
Appreciate 0
      10-09-2007, 04:38 PM   #2
BMW F22
Major General
BMW F22's Avatar
United_States
3540
Rep
9,785
Posts

Drives: ///M235i
Join Date: Nov 2005
Location: Bay Area

iTrader: (8)

I think it'll be hard to tell. Usually the buy out is the RV at the end of the lease. Because the RV is an estimate, it really depends on what the MV is at that moment- RV/buy out could be below or above market value.
Appreciate 0
      10-09-2007, 05:53 PM   #3
wrickem
Big Beaver Smile
wrickem's Avatar
2101
Rep
3,790
Posts

Drives: What he wants to
Join Date: Mar 2006
Location: lambertville nj

iTrader: (0)

They usually are pretty accurate in predicting the worth of the vehicle when the lease term is over. We just sent our 04 x-3 back and the buyout was right in line with the current market for them. By 2010, you know they will have tweaked the e92 and you'll just want a new one anyway like most of us do
__________________
______________________________________________
Current- '21 430 , '19 911, 07 M6 ,'17 Jeep Wrangler, "23 Bronco OBXluxsquatch
Appreciate 0
      03-20-2008, 11:36 AM   #4
Inuyasha
“One finds limits by pushing them”
Inuyasha's Avatar
122
Rep
529
Posts

Drives: M2C
Join Date: Dec 2006
Location: NYC

iTrader: (0)

Is the buyout price negotiable at the end of lease? I recall something that the salesman said it is non-negotiable.

Anyone know?
__________________
MY2019 M2C
Street Bike: Honda Grom. Track Bikes: 02 SV650/09 R6
"It is a shame for a man to grow old without seeing the beauty and strength of which his body is capable"
Appreciate 0
      03-20-2008, 12:38 PM   #5
chrisE92
Brigadier General
chrisE92's Avatar
United_States
245
Rep
4,494
Posts

Drives: Monaco Blue E92
Join Date: Sep 2007
Location: LA to HB

iTrader: (21)

somewhere in your lease contract it states the buyout price, and although im not 100% sure, i bet its non-negotiable
Appreciate 0
      03-20-2008, 04:38 PM   #6
mrvuml
Lieutenant
mrvuml's Avatar
United_States
19
Rep
459
Posts

Drives: E90 335i w/ZSP
Join Date: Nov 2007
Location: SLO, CA

iTrader: (0)

Garage List
2008 335i Sedan  [0.00]
Buyout is the residual price stated in lease agreement. Its non-negotiable through BMWFS and your dealer has no say in the matter (unless you turn it into the dealer and try to repurchase it through them).
Appreciate 0
      03-20-2008, 05:27 PM   #7
Inuyasha
“One finds limits by pushing them”
Inuyasha's Avatar
122
Rep
529
Posts

Drives: M2C
Join Date: Dec 2006
Location: NYC

iTrader: (0)

Thanks

That price does not include taxes correct?
__________________
MY2019 M2C
Street Bike: Honda Grom. Track Bikes: 02 SV650/09 R6
"It is a shame for a man to grow old without seeing the beauty and strength of which his body is capable"
Appreciate 0
      03-20-2008, 06:36 PM   #8
rdsport323
Captain
50
Rep
879
Posts

Drives: 335i
Join Date: Feb 2008
Location: OC, CA

iTrader: (0)

from my understanding if you wanted to purchase the car at lease end, you will have to pay taxes again on the price of the car.

which kind of sucks
Appreciate 0
      03-20-2008, 07:20 PM   #9
Inuyasha
“One finds limits by pushing them”
Inuyasha's Avatar
122
Rep
529
Posts

Drives: M2C
Join Date: Dec 2006
Location: NYC

iTrader: (0)

yeah sucks big time.
__________________
MY2019 M2C
Street Bike: Honda Grom. Track Bikes: 02 SV650/09 R6
"It is a shame for a man to grow old without seeing the beauty and strength of which his body is capable"
Appreciate 0
      03-20-2008, 07:34 PM   #10
jfulcher
Second Lieutenant
jfulcher's Avatar
6
Rep
281
Posts

Drives: '07 Monaco E92
Join Date: Feb 2007
Location: Atlanta, Georgia

iTrader: (0)

If BMWFS isn't willing to negotiate it would be the first leasing company I've ever heard of that wasn't willing to negotiate. A friend negotiated on his Nissan, and another negoitated on his GM car with GMAC. Both succeeded.
__________________
335i E92 / Monaco / Cream / Burl Walnut / ZPP / ZSP / CA / Nav / Heated Seats / PDC / SAT / Ipod/USB / HD
Appreciate 0
      03-20-2008, 07:50 PM   #11
darkcloud
Colonel
darkcloud's Avatar
United_States
335
Rep
2,385
Posts

Drives: 09 VW JSW
Join Date: Aug 2006
Location: cleveland, oh

iTrader: (2)

Garage List
2006 325i  [0.00]
Quote:
Originally Posted by mrvuml View Post
Buyout is the residual price stated in lease agreement. Its non-negotiable through BMWFS and your dealer has no say in the matter (unless you turn it into the dealer and try to repurchase it through them).
I think most times if you want to have the car certified and re-warrantied then the dealer would buy the car from BMWFS, certify it and then allow you to negotiate a price. They would prolly also only do this if you were 100% sure buying the car from them.
__________________

retired 06 E90 325i

New: 09 VW Platinum Grey Jetta Sportwagen 2.0T SEL w/DSG, panoramic sunroof and Ipod adapter
Appreciate 0
      03-21-2008, 11:39 AM   #12
mrvuml
Lieutenant
mrvuml's Avatar
United_States
19
Rep
459
Posts

Drives: E90 335i w/ZSP
Join Date: Nov 2007
Location: SLO, CA

iTrader: (0)

Garage List
2008 335i Sedan  [0.00]
Quote:
Originally Posted by DarkAgent View Post
Thanks

That price does not include taxes correct?
Correct
Appreciate 0
      04-01-2008, 01:10 PM   #13
Lassaxi
Major
Lassaxi's Avatar
United_States
10
Rep
1,035
Posts

Drives: April ED - E90 328xi
Join Date: Nov 2006
Location: Boston

iTrader: (0)

Quote:
Originally Posted by rdsport323 View Post
from my understanding if you wanted to purchase the car at lease end, you will have to pay taxes again on the price of the car.

which kind of sucks
Depends on the state. If you live in a state where you pay taxes as you go (i.e., a portion of each month's lease payment is for sales tax), then you typically just pay the taxes on the residual if you buy at the end. That makes sense, because you haven't paid tax on the residual yet. You don't usually have to re-pay tax you've already paid.
__________________
May 3, '07European Delivery, Redelivered on 6/11/07 - Monaco Blue/Beige, Steptronic, ZPP, ZCW, PDC, iDrive/Navi with RTTI, Logic 7, Xenons, HD Radio
Appreciate 0
      04-10-2008, 08:10 AM   #14
foxman
Driver
foxman's Avatar
29
Rep
265
Posts

Drives: 335i Coupe
Join Date: May 2007
Location: STL

iTrader: (0)

Quote:
Originally Posted by rdsport323 View Post
from my understanding if you wanted to purchase the car at lease end, you will have to pay taxes again on the price of the car.

which kind of sucks
Its not really taxes again since you paid taxes already only on the portion of the value you used. You won't have paid taxes on the residual value portion.
Appreciate 0
      04-23-2008, 10:50 PM   #15
HennarotM3
Lieutenant
HennarotM3's Avatar
United_States
10
Rep
404
Posts

Drives: e30 M3, e90 M3
Join Date: Mar 2008
Location: Sammamish, WA

iTrader: (0)

Quote:
Originally Posted by jfulcher View Post
If BMWFS isn't willing to negotiate it would be the first leasing company I've ever heard of that wasn't willing to negotiate. A friend negotiated on his Nissan, and another negoitated on his GM car with GMAC. Both succeeded.
My understanding is that residuals are non-negotiable, which makes sense because it allows BMW to control the market for its CPO cars down the road. I'm sure what they want to avoid is sleazy "volume" car dealerships fiddling with the residuals to either screw people on monthly payments (residual too low) or give out a residual too high and get upside down when reselling the car.

If I was a car company, I wouldn't trust dealerships to estimate the market a few years down the road. Their judgment is too clouded by sell-now myopia.
__________________
e30 M3 | e90 M3 | e60 M5 (retired) | e30 325is (retired) | e36 M3/4 (retired) | e90 335i (retired) | '87 Buick Grand National (retired)
Appreciate 0
      06-15-2008, 03:59 PM   #16
StarrDlux
Pussycat's Meow
StarrDlux's Avatar
United_States
9
Rep
682
Posts

Drives: '08 335i montego | Stock
Join Date: May 2008
Location: Midtown (Altanta)

iTrader: (0)

do you think in 24 or 36 months the american dollar is going to gain that much ground?

the residuals need to consider our dollar situation.

remember the dealer can turn a used car into a cpo in about 2 seconds that adds alot of value to the dealer
__________________
2008 335i montego | stock
2002 A4 1.8TQS | APR 1+
1990 VW Corrado | Stage 4 by SNS
Appreciate 0
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 04:07 PM.




e90post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST