Buy Out at end of lease. - BMW 3-Series (E90 E92) Forum

DarkAgent · 10-09-2007, 05:34 PM

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?

BMW E90 · 10-09-2007, 05:38 PM

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.

wrickem · 10-09-2007, 06:53 PM

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

DarkAgent · 03-20-2008, 12:36 PM

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

Anyone know?

chrisE92 · 03-20-2008, 01:38 PM

somewhere in your lease contract it states the buyout price, and although im not 100% sure, i bet its non-negotiable

mrvuml · 03-20-2008, 05:38 PM

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).

DarkAgent · 03-20-2008, 06:27 PM

Thanks

That price does not include taxes correct?

rdsport323 · 03-20-2008, 07:36 PM

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

DarkAgent · 03-20-2008, 08:20 PM

yeah sucks big time.

jfulcher · 03-20-2008, 08:34 PM

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.

darkcloud · 03-20-2008, 08:50 PM

Quote:

Originally Posted by mrvuml

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.

mrvuml · 03-21-2008, 12:39 PM

Quote:

Originally Posted by DarkAgent

Thanks

That price does not include taxes correct?

Correct

Lassaxi · 04-01-2008, 02:10 PM

Quote:

Originally Posted by rdsport323

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.

foxman · 04-10-2008, 09:10 AM

Quote:

Originally Posted by rdsport323

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.

HennarotM3 · 04-23-2008, 11:50 PM

Quote:

Originally Posted by jfulcher

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.

StarrDlux · 06-15-2008, 04:59 PM

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

10-09-2007, 05:34 PM	#1
DarkAgent Second Lieutenant Drives: None Join Date: Dec 2006 Location: NYC Posts: 211 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? __________________ E92 335I Alpine White/Black Interior6SpdPremiumSportNaviComfort AccessHeated seatsBMW Matts* Mods Aero Lip
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10-09-2007, 06:53 PM	#3
wrickem doesn't really care Drives: what he wants to Join Date: Mar 2006 Location: lambertville nj Posts: 1,847 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 __________________ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ '11 e92 335-xi m-sport - daily driver/winter beater, '06 Boxster - for fun, '07 M6- for special

03-20-2008, 12:36 PM	#4
DarkAgent Second Lieutenant Drives: None Join Date: Dec 2006 Location: NYC Posts: 211 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? __________________ E92 335I Alpine White/Black Interior6SpdPremiumSportNaviComfort AccessHeated seatsBMW Matts* Mods Aero Lip

03-20-2008, 06:27 PM	#7
DarkAgent Second Lieutenant Drives: None Join Date: Dec 2006 Location: NYC Posts: 211 iTrader: (0)	Thanks That price does not include taxes correct? __________________ E92 335I Alpine White/Black Interior6SpdPremiumSportNaviComfort AccessHeated seatsBMW Matts* Mods Aero Lip

03-20-2008, 08:20 PM	#9
DarkAgent Second Lieutenant Drives: None Join Date: Dec 2006 Location: NYC Posts: 211 iTrader: (0)	yeah sucks big time. __________________ E92 335I Alpine White/Black Interior6SpdPremiumSportNaviComfort AccessHeated seatsBMW Matts* Mods Aero Lip

10-09-2007, 05:38 PM	#2
BMW E90 Major General Drives: E90 335i Join Date: Nov 2005 Location: Around the Bay Posts: 7,928 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.

03-20-2008, 01:38 PM	#5
chrisE92 Brigadier General Drives: Monaco Blue E92 Join Date: Sep 2007 Location: LA to HB Posts: 4,151 iTrader: (16)	somewhere in your lease contract it states the buyout price, and although im not 100% sure, i bet its non-negotiable

03-20-2008, 05:38 PM	#6
mrvuml Lieutenant Drives: E90 335i w/ZSP Join Date: Nov 2007 Location: Lafayette/Boulder, CO Posts: 443 iTrader: (0) Garage List 2008 335i Sedan [0.00] 2003 330i Sedan (re ... [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).

03-20-2008, 07:36 PM	#8
rdsport323 Captain Drives: 335i Join Date: Feb 2008 Location: OC, CA Posts: 882 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

03-20-2008, 08:34 PM	#10
jfulcher Second Lieutenant Drives: '07 Monaco E92 Join Date: Feb 2007 Location: Atlanta, Georgia Posts: 281 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

06-15-2008, 04:59 PM	#16
StarrDlux Pussycat's Meow Drives: '08 335i montego \| Stock Join Date: May 2008 Location: Midtown (Altanta) Posts: 682 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