Anybody getting a lower lease buyout price than original residual

KnightsCapone · 10-17-2009, 08:29 AM

My lease is up in a few months..thinking about buying my car but my residual price in my lease contract is way high compared to what my car is being sold for in my city..for my same model..miles.etc.etc..

Is anybody getting a lower residual from the dealer on this? If so how much are dealers coming down on this residual price?

jopa489 · 10-17-2009, 11:02 AM

Every situation is different, but that price is very negotiable. You can work with any dealer to get it down to what you think is fair, so if one dealer is firm on the price, it's worth trying another.

KnightsCapone · 10-25-2009, 08:20 PM

bump

oldkingdom · 10-25-2009, 08:51 PM

Depends on who you're dealing with. I've been offered, on more than one occasion to buy the car @ the agreed buyout, but INCLUDING CPO... which is a couple thousand dollar savings.

KnightsCapone · 11-03-2009, 09:36 AM

up!

David1 · 11-03-2009, 12:19 PM

Bumping it isn't going to help you. You have to go to a dealer to get a quote when you are within 90 days of the lease expiring.

matt_435xi · 11-03-2009, 12:23 PM

does BMW have special rates when buying out a lease? or are typical auto loans for buying a used car what i should expect. (~7%)?

David1 · 11-03-2009, 01:17 PM

Quote:

Originally Posted by matt_335Ci

does BMW have special rates when buying out a lease? or are typical auto loans for buying a used car what i should expect. (~7%)?

No special rates unless the car is in the dealers inventory and gets CPO'd.

KnightsCapone · 11-04-2009, 04:13 PM

I was referring to buying the car at lease end and if anyone is getting a lower residual due to economy and all..

richeerich03 · 11-04-2009, 08:19 PM

I got hooked up with purchasing my lease. I did mine at the hype of the automotive bust. there was about 24k residual got the car for a lil over 18k.

littleyellowm3 · 11-04-2009, 10:19 PM

Mine was 31500, but they are offering it to me for under 28k.

zibawal · 11-04-2009, 11:32 PM

Quote:

Originally Posted by Philritter21

Mine was 31500, but they are offering it to me for under 28k.

Who is offering u? dealer or bmw financial

jinx1181 · 11-06-2009, 02:23 PM

^ I would like to know as well, although I heard that bmwfs are directing people to dealers. That looks like a good buyout regardless though.

wakeboarder109 · 11-07-2009, 12:02 AM

Quote:

Originally Posted by jinx1181

^ I would like to know as well, although I heard that bmwfs are directing people to dealers. That looks like a good buyout regardless though.

me too. bump

KnightsCapone · 11-07-2009, 08:45 AM

That is good news!! Im hoping for around 25k for my residual..its 29,800 now.....

10-17-2009, 08:29 AM	#1
KnightsCapone A pure fighting machine with only one desire - Win 21 Rep 280 Posts Drives: 2014 F10 M5 & 2015 F15 X5 5.0L Join Date: Dec 2008 Location: SLC, Utah iTrader: (3)	Anybody getting a lower lease buyout price than original residual My lease is up in a few months..thinking about buying my car but my residual price in my lease contract is way high compared to what my car is being sold for in my city..for my same model..miles.etc.etc.. Is anybody getting a lower residual from the dealer on this? If so how much are dealers coming down on this residual price?
	Appreciate 0 Tweet Quote

10-17-2009, 11:02 AM	#2
jopa489 Major General 122 Rep 6,594 Posts Drives: Anything with Wheels Join Date: Mar 2009 Location: USA iTrader: (9)	Every situation is different, but that price is very negotiable. You can work with any dealer to get it down to what you think is fair, so if one dealer is firm on the price, it's worth trying another. __________________ X7 LCI // Incoming C7 ZR1 ZTK // Sebring + TRX // Hydro + Raptor Gen1 Roush // Tuxedo
	Appreciate 0 Quote

10-25-2009, 08:20 PM	#3
KnightsCapone A pure fighting machine with only one desire - Win 21 Rep 280 Posts Drives: 2014 F10 M5 & 2015 F15 X5 5.0L Join Date: Dec 2008 Location: SLC, Utah iTrader: (3)	bump
	Appreciate 0 Quote

10-25-2009, 08:51 PM	#4
oldkingdom Executive Producer 22 Rep 370 Posts Drives: '15 F82 M4 (YAS/Silverstone) Join Date: Jan 2006 Location: Los Angeles iTrader: (0) Garage List 2015 BMW M4 [0.00] 2012 BMW Z4 35is [8.00] 2007 e92 335i [0.00]	Depends on who you're dealing with. I've been offered, on more than one occasion to buy the car @ the agreed buyout, but INCLUDING CPO... which is a couple thousand dollar savings. __________________ J Ryan RETIRED: '86 e30 325e, '89 e30 M3, '02 330ci, '05 330ci ZHP, '07 e92 335i, '07 e92 335i, '12 e89 Z4 35is, '5 f82 M4 CURRENT: Porsche 911s
	Appreciate 0 Quote

11-03-2009, 09:36 AM	#5
KnightsCapone A pure fighting machine with only one desire - Win 21 Rep 280 Posts Drives: 2014 F10 M5 & 2015 F15 X5 5.0L Join Date: Dec 2008 Location: SLC, Utah iTrader: (3)	up!
	Appreciate 0 Quote

11-03-2009, 12:19 PM	#6
David1 Brigadier General 809 Rep 3,949 Posts Drives: 09 E92 09 X5 Join Date: Mar 2007 Location: Columbus, OH iTrader: (1)	Bumping it isn't going to help you. You have to go to a dealer to get a quote when you are within 90 days of the lease expiring. __________________ 2021 M2 Comp Sunset Orange \|Black with orange Stitching Dakota Leather\|Executive Pkg\|DCT
	Appreciate 0 Quote

11-03-2009, 12:23 PM	#7
matt_435xi Colonel 235 Rep 2,377 Posts Drives: Perfomance Model 3 Join Date: Jan 2007 Location: Denver, CO iTrader: (5) Garage List 2015 BMW 435xi Gran ... [10.00]	does BMW have special rates when buying out a lease? or are typical auto loans for buying a used car what i should expect. (~7%)? __________________ '18 Tesla Perfomance Model 3 White on White Performance Upgrade Pkg & EAP RETIRED 2015 435xi GC [f36] \| 2012 335i [f30] \| 2009 z4 35i [e89] \| 2007 335i coupe [e92] \| 2001 325Ci [e46] RETIRED
	Appreciate 0 Quote

11-04-2009, 04:13 PM	#9
KnightsCapone A pure fighting machine with only one desire - Win 21 Rep 280 Posts Drives: 2014 F10 M5 & 2015 F15 X5 5.0L Join Date: Dec 2008 Location: SLC, Utah iTrader: (3)	I was referring to buying the car at lease end and if anyone is getting a lower residual due to economy and all..
	Appreciate 0 Quote

11-04-2009, 08:19 PM	#10
richeerich03 Captain 149 Rep 877 Posts Drives: E90 Join Date: Jun 2007 Location: Santa Clarita iTrader: (0) Garage List 2006 E90 330i [0.00]	I got hooked up with purchasing my lease. I did mine at the hype of the automotive bust. there was about 24k residual got the car for a lil over 18k. __________________
	Appreciate 0 Quote

11-04-2009, 10:19 PM	#11
littleyellowm3 Second Lieutenant 38 Rep 215 Posts Drives: MR E90 M3 Join Date: Nov 2006 Location: NC iTrader: (0)	Mine was 31500, but they are offering it to me for under 28k. __________________ Melbourne Red E90 M3 - E39 540i The original user of the animated Bert and Ernie avatar. Except no substitutes.
	Appreciate 0 Quote

11-06-2009, 02:23 PM	#13
jinx1181 Private First Class 26 Rep 181 Posts Drives: E92 335 Join Date: Feb 2008 Location: Socal iTrader: (5)	^ I would like to know as well, although I heard that bmwfs are directing people to dealers. That looks like a good buyout regardless though.
	Appreciate 0 Quote

11-07-2009, 08:45 AM	#15
KnightsCapone A pure fighting machine with only one desire - Win 21 Rep 280 Posts Drives: 2014 F10 M5 & 2015 F15 X5 5.0L Join Date: Dec 2008 Location: SLC, Utah iTrader: (3)	That is good news!! Im hoping for around 25k for my residual..its 29,800 now.....
	Appreciate 0 Quote

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search