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Lease Question...
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03-12-2008, 12:11 PM | #1 |
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Lease Question...
OK.. I leased a loaner 335i (w/ 12,500 miles) this past December for 24 months, come next April I will be at my allowed mileage (15k/yr), I'm in sales and drive 25k per year.
I currently have two vehicles, but plan on giving my Pathfinder to the folks in a couple of weeks. I'd rather shell out cash than to bail out of giving it to them... My question is, since the warranty is up at 50k, is it worth it for me to turn the car in (very) early, pay the remaining months right then and there, or does BMW offer warranty extensions to meet overages? |
03-12-2008, 12:24 PM | #2 | |
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03-12-2008, 12:39 PM | #3 | |
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03-12-2008, 01:04 PM | #4 |
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03-12-2008, 01:05 PM | #5 |
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the only way to extend warranty is to buy the extended warranty. probably not worth it if you're only going to keep it for 2 years...
as the extended 6 year 100k mile maintenance warranty is like $2k
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03-12-2008, 08:37 PM | #7 |
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Maybe leasing isn't a good idea. . .
My company rents cars from Enterprise here at a great rate and then like 20-30k miles later they exchange it for a new one and Enterprise sells the cars at discounted prices to the public. Might be a good idea. |
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03-12-2008, 08:41 PM | #8 |
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Hmm.. Interesting. My company gives me $1k a month towards a vehicle, however it is nice to pocket some of it, but it's really not looking too good for next year..
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03-12-2008, 11:54 PM | #9 |
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WOW! $1k per month for a car!? That's amazing!
But yeah, with a rental you have unlimited mileage. . . I'd look into it. BTW Mind if i ask what you do that provides you with a $1k per month car allowance |
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03-13-2008, 01:11 AM | #10 | |
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03-13-2008, 02:56 PM | #11 |
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I came from a job paying me $250/mo so yeah, I was surprised as well! I'm a packaging consultant to pharma companies. Next time you have bitch of a time taking off a child resistant cap, think of me!
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03-13-2008, 02:59 PM | #12 |
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Surely... I didn't put any money down and my payment is $532/mo + 10% PA state lease tax (gag) and I received back $1000 from the dealer. I have all options but sport and nav. I should also note that my brother in law works for BMW so I was given a 'family discount'. BMW of Bloomfield
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03-13-2008, 02:59 PM | #13 | |
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All of my friends who are in pharma sales get Chevy Impalas or Ford Fusions I am in sales I get $400 a month towards a car... $1000 is unheard of! congrats
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03-13-2008, 03:04 PM | #14 | |
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I'm not a pharmaceutical sales rep, I sell to pharmaceutical manufacturers.. My employer is a large packaging distributor based in Jersey, I'd say the name of the company but since we're on a public forum I really shouldn't. |
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03-17-2008, 12:16 PM | #15 | |
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Hey, just so you know, you can buy additional miles. Here's what the OC says:
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