19 530e Extend Lease - Buyoff - Sell it or Alternative

[jeisensc]

@SLR

I got a couple of offers from a used car place…from 38500 - 36794 and my payoff is $35100

Only if you buy it and resell it

California 10 day tax exempt For lease buyout

Hi I have looked thoroughly here and this topic has not been discussed. In CA, you are allowed to payoff your leased car in order to resell it without paying taxes on the payoff IF you can sell it back and to a third party which would need to register the car within ten days of the original leasee recieving the title form the lessor company. BUT YOU HAVE TO MAKE SURE THE CAR IS TRANSFERED TO THE NEW ONWER WITHIN 10 days. Now is the tricky part. What if I payoff the car and sell it to s deal…

Do you have quotes from the car buying services that accept Lessor Released Titles? That tells you your hypothetical equity to negotiate with a BMW dealer.

You can extend your current lease up to 2 months without placing a factory order with BMW, I believe if you are waiting in an order you can extend up to 6 months.

Search the forums here: this question and every variation has been asked/answered in the past few months, you need to determine what is replacing the 530e first, and fast.