Hi everyone,
Not new to leasing, but new to “trying to play the game.” I leased a new BMW 320i xDrive back in Feb 2016 ($349/month with $2k down). Lease expires Jan 31, 2019; I have ~27,300 miles on my car out of the 30,000 available. With that said, now that I’m on a project where accessible by metro, I don’t drive that much and can keep the car under 30k by Jan 31.
I received an email from my dealership for these “August Specials” available for me:
Current 2016 BMW 320i xDrive Sedan:
5 payments remaning
Lease disposition fee: $350
Lease End Inspection: Due Now
The offer is to upgrade and lease a 2018 BMW X1 xDrive28i for $389/month for 36 months. This monthly payment includes the $1k loyalty credit and $500 lease credit. Must lease by Aug 31.
I had planned on continuing to lease after my current one was up (admittedly was looking at doing another 320i xDrive) but given the number of miles I have remaining along with the $389/month offer (which isn’t terribly thaaaat much more than what I currently pay) - I’m tempted. But, after lurking the forum for a few months, I know I can get a better offer and to never take what they advertise. My question is, being new to “playing the game” - what should I be doing next to ensure I can get the most out of this offer/my next lease? Could I get something better if I wait closer to EOY?
Any advice is much appreciated. Thanks in advance!