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Anybody getting a lower lease buyout price than original residual
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10-17-2009, 08:29 AM | #1 |
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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? |
10-17-2009, 11:02 AM | #2 |
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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.
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10-25-2009, 08:51 PM | #4 |
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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.
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11-03-2009, 12:19 PM | #6 |
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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.
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11-03-2009, 12:23 PM | #7 |
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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%)?
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11-03-2009, 01:17 PM | #8 |
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No special rates unless the car is in the dealers inventory and gets CPO'd.
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11-04-2009, 04:13 PM | #9 |
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I was referring to buying the car at lease end and if anyone is getting a lower residual due to economy and all..
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11-04-2009, 08:19 PM | #10 |
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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.
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11-04-2009, 10:19 PM | #11 |
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Mine was 31500, but they are offering it to me for under 28k.
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11-07-2009, 12:02 AM | #14 |
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