Negotiating Lease Buyout Possible?

ERIC212NYC · 12-22-2011, 02:14 PM

Hello,

Has anyone successfully re-negotiated their lease buy out price?

I have a 09' 328xi with only 14K on the odometer. The buyout price is 28K plus NY State Tax pushes it just over 30K.

Just wondering if it is even worth trying to talk the price down.

Thanks for any feedback.

AddictedToBavarian · 12-22-2011, 02:46 PM

It's definitely going to be tough. Maybe 1k.

CJ421 · 12-22-2011, 04:05 PM

Yes they are negotiable ..... the dealer would much sooner make a sale than get a car back. It will likely go to auction anyway.

What is the KBB for your car?

14K ... did you drive around the block once a week or what!?

ERIC212NYC · 12-22-2011, 04:14 PM

Quote:

Originally Posted by CJ421

Yes they are negotiable ..... the dealer would much sooner make a sale than get a car back. It will likely go to auction anyway.

What is the KBB for your car?

14K ... did you drive around the block once a week or what!?

KBB currently has my car valued at 26K as a trade in value. 29K as a private sale. Only have 14K cause I stopped going to Atlantic City

.

Tried calling BMW Financial yesterday and they won't budge they said try your dealership.

positiveions · 12-22-2011, 11:30 PM

yes they are! i got 2 k discount from my residual on my old ZHP

**Jay-V** · 12-22-2011, 11:47 PM

Do you negotiate with BMW financial, or the selling dealership?

ERIC212NYC · 12-23-2011, 07:44 AM

Quote:

Originally Posted by AP2suzuka

Do you negotiate with BMW financial, or the selling dealership?

I called BMW Financial first and they wouldn't budge even after I kept nagging to them about it. My next call after Christmas is the dealership and see if I can knock off 2k from the contracted price. My gut feeling is they won't budge either with the low mileage but you never know. Maybe I'll get a late Christmas gift.

positiveions · 12-24-2011, 12:38 AM

don't waste your time with BMW financial. GO the dealer!

Fzara2000 · 12-24-2011, 02:43 AM

Quote:

Originally Posted by eatrach73

don't waste your time with BMW financial. GO the dealer!

I got 3k off from my dealer back in 2007. Ended up buying the car.

nasa60 · 12-24-2011, 10:25 AM

I just leased a 2011 328i and the dealer bought my 09 328i from BMWFS. Lease was to end in March 12. I was over miles by 3k so I was very happy to get rid of it. If your lease ends by 4/30, you shouldn't have any problem at all getting them to buy it from BMWFS if you are going to lease another.

12-22-2011, 02:14 PM	#1
ERIC212NYC Second Lieutenant 16 Rep 253 Posts Drives: 2009 328i Join Date: Feb 2009 Location: Queens, NY iTrader: (1)	Negotiating Lease Buyout Possible? Hello, Has anyone successfully re-negotiated their lease buy out price? I have a 09' 328xi with only 14K on the odometer. The buyout price is 28K plus NY State Tax pushes it just over 30K. Just wondering if it is even worth trying to talk the price down. Thanks for any feedback.
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12-22-2011, 02:46 PM	#2
AddictedToBavarian My other ride is a Bianchi Infinito 96 Rep 2,767 Posts Drives: Miss my E92 but love my E46 M3 Join Date: Apr 2011 Location: North Jersey iTrader: (2)	It's definitely going to be tough. Maybe 1k.
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12-22-2011, 04:05 PM	#3
CJ421 Brigadier General 1534 Rep 4,103 Posts Drives: BMW M3 Join Date: Feb 2011 Location: Blue Bell, PA iTrader: (1) Garage List 2024 BMW M3 Sedan [9.50]	Yes they are negotiable ..... the dealer would much sooner make a sale than get a car back. It will likely go to auction anyway. What is the KBB for your car? 14K ... did you drive around the block once a week or what!? __________________ 2024 BMW M3 Sedan Frozen Pure Grey II/Fjord Blue, 6MT Past: 2021 Z4 M40i Frozen Grey II/Black Alcantara \| 2017 F30 340i Mineral Gray/Coral Red, 6MT \| 2011 E92 335i Le Mans Blue/Black, 6MT
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12-22-2011, 11:30 PM	#5
positiveions Lieutenant General 961 Rep 11,722 Posts Drives: 19 Tacoma, 16 Golf wagon Join Date: Sep 2007 Location: Upland, CA iTrader: (2) Garage List 2019 Toyota Tacoma [0.00] 2016 VW Golf Sports ... [0.00] 1998 BMW M3 [0.00] 1990 BMW 325is [0.00]	yes they are! i got 2 k discount from my residual on my old ZHP
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12-22-2011, 11:47 PM	#6
Jay-V What it do, nephew? 42 Rep 419 Posts Drives: 2012 E350 Bluetec Join Date: Jul 2005 Location: Pasadena, CA iTrader: (0) Garage List 2005 Honda S2000 [0.00] 2011 Honda Pilot To ... [0.00] 2012 Mercedes-Benz ... [0.00]	Do you negotiate with BMW financial, or the selling dealership? __________________ Jay - The no fun fleet.... '15 Fiat 500e '14 MBZ E350 Sport '11 Honda Pilot Touring 4WD
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12-24-2011, 12:38 AM	#8
positiveions Lieutenant General 961 Rep 11,722 Posts Drives: 19 Tacoma, 16 Golf wagon Join Date: Sep 2007 Location: Upland, CA iTrader: (2) Garage List 2019 Toyota Tacoma [0.00] 2016 VW Golf Sports ... [0.00] 1998 BMW M3 [0.00] 1990 BMW 325is [0.00]	don't waste your time with BMW financial. GO the dealer!
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12-24-2011, 10:25 AM	#10
nasa60 Private First Class 5 Rep 178 Posts Drives: 2008 M3 Sedan Join Date: Feb 2008 Location: Alabama iTrader: (0)	I just leased a 2011 328i and the dealer bought my 09 328i from BMWFS. Lease was to end in March 12. I was over miles by 3k so I was very happy to get rid of it. If your lease ends by 4/30, you shouldn't have any problem at all getting them to buy it from BMWFS if you are going to lease another. __________________ -------------------------------------------------- 2008 M3 Sedan, Silverstone, Fox Red Extended, Carbon Leather Trim
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