Yes google BMW CCA rebate or search forum for more details. Available on lease or purchase of new BMW
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Or you could pay $5000 towards your current lease now and bring the payoff down to $24K and then trade it in and you won’t have negative equity going into the new one.
It doesn’t work that way, I doubt this thing would be worth the residual, none of the bimmers have lately
And if that is the case we keep it, buy some miles and wipe our hands of it in February 2020.
Don’t keep it, the best thing to do will be to turn it in. You can get the payoff now and get quotes from carvana etc and I can almost guarantee you that you’re upside down, and that will only get worse as you keep driving it.
I meant keep it until the lease is up. Not forever.
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Lots of good feedback from the community here. Least painful and least disruptive is to pre-buy the miles you are going to use, in 4-7 months revisit to see BMW has a pullahead. If the payment is maxing out your budget, try to get something less expensive even after a leasehack that way any surprises won’t hurt you as much. If you can put some money towards MSDs on the next one.
Have you considered upgrading your beater? Look at a cheap Lexus RX or ES. They’re great cars and have few problems. Comfortable for long road trips and they still have many of the creature comforts a BMW will have
Not really. It cost $5k, 2 years ago, and gets driven like 2k miles a year. It has 4wd, plenty of room (older Tahoe) and can tow.
Continue to drive the car, and buy the car at the end of lease.
Buying a BMW and having it out of warranty is never a wise idea…
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Ugh no way. $24,000. More miles than an average car of its age, and out of warranty.
Is that a demo?
The X6 is new, but I found that even on demos, they are not willing to go deeper
Was just asking cause CCA doesnt apply to demos i think. Right?
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Correct for a demo, I would want the dealer to throw in the extra discount since CCA is out for demo greater than 1k I believe …
Just my opinion, but if you are able to absorb the difference (which isn’t small change at $4500) I would personally go for the third option, sell it to Vroom and start afresh with something else. Chalk it up to an expensive learning curve.
This is indeed a common issue for lessees, there’s at least 2 or 3 over mileage topics posted a week. I’m in a similar boat, we’re currently over mileage (11k miles 6 months into a 15k a year lease) but we’re aware of it and it should even out as it’s currently our only car and we’ll be adding a second car soon that’ll take out the bulk of 10k a year commuting miles.
Any reason in particular?
I suspect he’s looking at it that 4500 is cheaper than your remaining payments and potential miles. I’m only a mind reader part-time, so I could be wrong.
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