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      05-07-2015, 01:26 PM   #1
Turbo_435i
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Bmw eating existing lease payments ?

Anyone trade in existing leased car for new bmw, and have bmw take care of any existing payments etx????

I currently have a lease, not bmw, with about 9 payments left.

I dont want them "rolled" into new lease.

How mich wiggle room does bmw have ?

My payments on current lease are $350
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      05-07-2015, 02:18 PM   #2
justinnum1
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bmw is eating my final 5 payments. Its the pull ahead program. not sure if it applies for non bmw's.
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      05-07-2015, 02:28 PM   #3
mattc1176
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I had them eat my final 3 on a non-BMW. Had my deal in place before I mentioned the trade. If you're way under miles and your buyout is much less than trade-in value they might buy your car outright too. Woulda done that for me if my car wasn't a 6 speed.
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      05-07-2015, 02:37 PM   #4
Turbo_435i
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im under on mileage by ALOT.

Allowed 48k, im at 22k
But upside down on payoff vs residual

28k payoff.....
Reaidual +/- 23k
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      05-07-2015, 02:41 PM   #5
justinnum1
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Quote:
Originally Posted by schybrid View Post
im under on mileage by ALOT.

Allowed 48k, im at 22k
But upside down on payoff vs residual

28k payoff.....
Reaidual +/- 23k
dont worry about the residual...your payoff is 28k. you can sell it private and either make up the difference or make some money due to under miles.

what is the car? we can figure out a good value for it.
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      05-07-2015, 02:43 PM   #6
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2013 infiniti G37 journey 4 door, prem packge, 22k miles
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      05-07-2015, 02:58 PM   #7
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Quote:
Originally Posted by schybrid View Post
2013 infiniti G37 journey 4 door, prem packge, 22k miles
looks like the value is in the low 20's. you might just have to hold onto it for now. or try to get someone to take over your lease
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      05-07-2015, 03:09 PM   #8
Turbo_435i
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Thats what i figured.
No biggie, gives me time to find whT i want.
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      05-07-2015, 03:11 PM   #9
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Go to the dealer and ask. If the dealer thinks they can move the car quickly they may be more incentivized to give you a decent value for it.

A dealer never "eats" anything - they might move around values but they've got to make money somewhere on the deal.
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      05-07-2015, 03:42 PM   #10
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By saying "eat" , im referring to the dealer making a little less profit vs no profit at all. Of course money has to go somewhere.
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      05-07-2015, 04:25 PM   #11
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Quote:
Originally Posted by schybrid View Post
By saying "eat" , im referring to the dealer making a little less profit vs no profit at all. Of course money has to go somewhere.

Yes a dealer is willing to make less profit compared to MSRP, but the 2 series is harder to negotiate given the low volumes.

If your car is not under water, then you may be able to trade it in and not face any negative equity, regardless of the remaining payments.
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