THE LARGEST BMW 2-SERIES FORUM ON THE PLANET
2Addicts
2Addicts
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
2Addicts | BMW 2-Series forum BMW 2 Series (F22) Forum 2 Series Pricing, Ordering, European Delivery Perspectives on Post Lease?

Post Reply
 
Thread Tools Search this Thread
      07-10-2019, 06:35 PM   #1
jonathanbiggs
Registered
0
Rep
2
Posts

Drives: BMW 2 series
Join Date: Jul 2019
Location: Texas

iTrader: (0)

Cool Perspectives on Post Lease?

Hey friends!

New to these forums but had a question about leasing. I have a 2017 2 series, approaching the end of its lease in October. I absolutely love this car, and am considering what to do next.

Thing is.... Im seriously under on my mileage. I originally signed for 10k a year, and with three months remaining, Im at 18,000 miles total.

Whats the best bang for my buck? Trade in my lease and move to a new car? Or buy this one and perhaps resell because the mileage is so low? Or just go on a giant road trip before October? I dont know how the whole residual thing works, but was originally intending to move to another car. But open to all options. (I love that mine still has CarPlay included. And the car itself is in like showroom condition.) What would yall recommend?

Thanks for the feedback and for bearing with my post in case this isnt the right forum.
Appreciate 0
      07-11-2019, 08:20 AM   #2
Cjnj
Private First Class
Canada
21
Rep
174
Posts

Drives: 2016 228i xdrive
Join Date: Nov 2015
Location: Kingston

iTrader: (0)

I cannot specifically recommend something for you however, if you believe the buyout (residual value) is a good deal (or lower than what the car is actually worth) it may be a good investment.

You could, if you really want something new, to go to the dealer and ask what they would give you on a trade, you may be able to pull off some equity into it before the lease is up (basically, if its worth more than your buyout amount + the remaining lease payments), the dealer should provide you some positive equity. Basically worth a try.
Appreciate 0
      07-11-2019, 12:19 PM   #3
BEM-S4
Major General
BEM-S4's Avatar
United_States
3626
Rep
8,003
Posts

Drives: Dinan M235, Dinan Sport Wagon
Join Date: Oct 2012
Location: Philadelphia

iTrader: (3)

When you are within 120 days they can start looking at a buyout incentive. My F31 for example they gave me $4K towards purchase, F23 was just $900. All depends on the car and the month and what programs they are running. Outside 120 days there are no special deals to be had. You can have them CPO the car during the process, and if financing through BMWFS you get a discount on the interest rate if you do included maintenance so it's basically free.
__________________
2016 F23 M235 xDrive Convertible Dinan Stage 2 AA IC Apex EC-7 MPE
2016 F31 328 xDrive Sport Wagon Dinan Stage 1 Vorsteiner V-FF 105 BBK
2006 E46 330ci ZHP Convertible Apex ARC-8
Appreciate 0
Post Reply

Bookmarks

Tags
230, advice, advice needed, lease

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 01:36 PM.




2addicts
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2019, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST