03-18-2009, 02:30 AM | #1 |
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BMW Lease End question
My sisters 530xi lease ends in September. I heard that you can trade in your car 3 months prior to lease end? Is this true? Is that a program the BMW runs? Does she have to turn it on on the lease end date or can we turn it in earlier and lease another car through the same dealership?
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03-18-2009, 02:55 AM | #2 |
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I've heard this too, I think if you upgrade to a more expensive car then it may work the dealer may eat the cost, but over the long run it will be in their benefit.
Or you can consolidate the rest of the payments into your new car. I casually asked the internet manager about me turning in my lease early...mines due in December and he said they I can turn it early, but conversation ended there. He said when I'm ready to make a decision then call him again to move further for details. Talk to your dealership, they can give you the best answer to this.
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03-20-2009, 04:58 PM | #4 |
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Be very careful with this stuff, make sure you are not “trading it in” and taking a negative equity hit.
You can “trade in” a leased vehicle whenever you want, for a price. |
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03-20-2009, 07:00 PM | #5 |
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The dealer should know better. There is no actual program of sorts but they should be able to work out a deal with you guys, more so if you are actually buying another car from them. Dont let them roll negative equity into the purchase price though.
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03-25-2009, 12:15 AM | #6 |
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it is true, we just went at the bmw today to get our X5.
the saleman gave us an option and he told us about this. you can actually returned the car 3 months before your lease expire and they will cover the 3 months and at the same time they will not charge you for the excess miles. |
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