Can you negotiate buy out at end of lease?

kyle335i · 10-02-2010, 12:54 PM

My 335i lease is coming to an end in 2 weeks. I am absolutely in love with the car and would like to buy it, something I had not imagined when I first purchased the car. The buy out is at 29k, is it possible for me to negotiate this down a bit?
Its a 2008 with 42k on the odo

Boostin335 · 10-02-2010, 06:27 PM

I dunno the answer but I hope it is... cause the car is only worth around $26-27k

raleedy · 10-03-2010, 10:37 AM

Are you over your allowed mileage? What is the per mile charge for excess miles? You may need to factor that into your thinking about buying vs. Turning in.

BMW F22 · 10-03-2010, 10:42 AM

Usually the dealer will offer you a lower buy out price than what was said on the contract. Give them a call either today or tomorrow and tell them that you're thinking about buying it out and would like to know the price. Most of the time they would offer you a lower purchasing price. Then you can negotiate from there if you like.

When I bought out my lease they offered me about $5k or so right off the bat. After a little haggling I was able to get about $6k or so off the original residual value. G'luck.

Ali.K_BMW · 10-03-2010, 02:07 PM

Kyle I can help you. Please pm me your vin and mileage. I can figure out your buyout.

CTBruin · 10-03-2010, 04:06 PM

I am in the same boat. Lease ending Nov 2010. 2007 328xi with premium, cold weather, xenon, prem stereo, ipod. 30k miles 27.6K buyout. I'm interested in buying with cpo to get better financing and warranty. What is a good starting point for negotiations?

10-02-2010, 12:54 PM	#1
kyle335i Banned 42 Rep 105 Posts Drives: 2008 335i Coupe Join Date: Sep 2008 Location: New Jersey iTrader: (2)	Can you negotiate buy out at end of lease? My 335i lease is coming to an end in 2 weeks. I am absolutely in love with the car and would like to buy it, something I had not imagined when I first purchased the car. The buy out is at 29k, is it possible for me to negotiate this down a bit? Its a 2008 with 42k on the odo
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10-02-2010, 06:27 PM	#2
Boostin335 Lieutenant Colonel 562 Rep 1,723 Posts Drives: G82 M4CX, C8, MKIV Supra Join Date: Sep 2007 Location: North/Central NJ iTrader: (2)	I dunno the answer but I hope it is... cause the car is only worth around $26-27k
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10-03-2010, 10:37 AM	#3
raleedy Colonel 160 Rep 2,248 Posts Drives: 2016 228i 6-speed Join Date: Jul 2005 Location: Portland, Oregon iTrader: (0)	Are you over your allowed mileage? What is the per mile charge for excess miles? You may need to factor that into your thinking about buying vs. Turning in.
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10-03-2010, 10:42 AM	#4
BMW F22 Major General 3566 Rep 9,788 Posts Drives: ///M235i Join Date: Nov 2005 Location: Bay Area iTrader: (8)	Usually the dealer will offer you a lower buy out price than what was said on the contract. Give them a call either today or tomorrow and tell them that you're thinking about buying it out and would like to know the price. Most of the time they would offer you a lower purchasing price. Then you can negotiate from there if you like. When I bought out my lease they offered me about $5k or so right off the bat. After a little haggling I was able to get about $6k or so off the original residual value. G'luck.
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10-03-2010, 02:07 PM	#5
Ali.K_BMW Colonel 111 Rep 2,164 Posts Drives: 2020 BMW 330i xDrive Join Date: Aug 2008 Location: United States iTrader: (7) Garage List 2013 BMW 335i [0.00]	Kyle I can help you. Please pm me your vin and mileage. I can figure out your buyout. __________________ Former BMW Client Advisor
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10-03-2010, 04:06 PM	#6
CTBruin Registered 0 Rep 1 Posts Drives: 2007 328xi Join Date: Oct 2010 Location: Connecticut iTrader: (0)	I am in the same boat. Lease ending Nov 2010. 2007 328xi with premium, cold weather, xenon, prem stereo, ipod. 30k miles 27.6K buyout. I'm interested in buying with cpo to get better financing and warranty. What is a good starting point for negotiations?
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