BMW Lease Buyout Doc Fee?

[j_e_f_f]

@legend1555

if the doc fee is standard practice nowadays, then it’s probably not worth the effort to try and save a few hundred bucks. While I’ve leased quite a few cars over the years, I’ve never actually been in a position where it made more fiscal sense to purchase the car at lease end so I wanted to first make sure the doc fee was kosher. I appreciate your pragmatic reply to my question.

The doc fee is standard practice nowadays anytime you buy or lease a new car, and pretty much anytime you have to buyout your lease through a dealer.

What is relatively new (past 1-2 years?) is BMWFS forcing customers in certain states to go through a dealer to buyout their lease.

In the past you would just mail a check directly to BMWFS for your payoff and they would send you the title, easy peasy, you never had to involve a dealer and their bogus fees for 10 mins worth of work.

Here are two relevant threads with information on dealers that will help save you some $$$

BMW Lease Buyout Question

I’m looking to buyout my first lease and was hoping I can get some input on this. I requested the payoff documents from BMW FS and was given the total payoff amount at $41,426.90. However, when I contacted my dealership for the actual purchase, they quoted me for $43,134.07 since they’ve added $500 for stock fee, $499 for document prep fee. I understand the remaining payments for license/title, Tire fee but is it standard to charge $1,000 for document and stock fees? Thanks!

BMW Lease Buyout — SE NC

I have two 2019 540i sedans coming off lease in August. Up until now payoff documents stated send payoff to BMWFS. Today they say contact local dealer. I called BMWFS who stated NC now requires going through a NC dealer. Cars were leased out of GA and letter received today from BMWFS states call GA dealer. I’m thinking BMWFS isn’t to sure how they want to move forward. I am considering purchasing extended warranties upon buyout. Looking for insight from hackers and BMW dealerships alike.