I recently leased a BMW 530e for 10k Miles a year (cost around 900 per month) for 36 month. Its been three months, now my office is saying we need to be back 3 days a week, my one way commute is 50 miles so around 100 miles a day, around 1200 miles a month just on commute.
I think i will be way off miles, is it better if i offload this lease(may be some loss) and get some Hybrid or Electric(need HOV sticker) and look for 15000 miles lease. Seems like with some EQS lease being in low 600’s and if i can off load this lease i may come out better then keeping this car. Any suggestions ?
I don’t see how the payoff is meaningful without knowing the overall deal; we have no idea how much money you have or don’t already have stuck into the BMW. I.e. the “pricing vs your payoff” can be disregarded.
Getting an EQS in the “low 600’s” is basically a unicorn deal. I wouldn’t designate that as your get out of jail free card. If you were able to obtain one of those (on your own) you wouldn’t have started this thread, frankly.
Have you calculated what it could actually cost you monthly, with the estimated mileage overage? It could be cheaper to pay for the excess mileage vs dumping the Beamer and entering another poor deal.