Extend BMW Lease

Ask the Hackrs
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1

I have BMW 330e that I really like. It drives great, I like the size, and the electric range is sufficient for 80% of my normal driving days.

Its lease is up in October, and I went to the BMW dealer this weekend. They were pushing me hard on an i4, as the 330e has been discontinued for 2025. The i4 is a fine car, but I didn’t enjoy it as much as my 330e (the i4 is a bit bigger, has a little less power, and doesn’t look as nice).

So, I’m looking at paying the same or a bit more for a car I like less. There’s nothing I see on the market now that I like more than my 330e, but I don’t want to buy the car, as I don’t want to have to think about long term disposition and servicing it as things start to go wrong.

Is there a way to extend my lease for 1-3 years while I watch for something better to come along? I think when BMW makes an all-electric 3 Series I’ll be pretty interested.

2

Not sure if it’s changed in the past few years, but BMW used to only let you extend by 2 months. It may have been longer if you had another BMW on order being built, but it was 2 months max back in 2021.

3

Anyone know if there are independent leasing companies that will pick up the car in this situation and write a new lease?

4

I see you’re in NorCal, but these SoCal dealers have a few '24 330e models available for you.

https://www.mckennabmw.com/new/BMW/2024-BMW-330e-Norwalk-CA-3f3b5270ac1854d1f16aa1899f40e4f6.htm?store=99999154&gad_source=1&gclid=EAIaIQobChMIzevm7caohwMVWdPCBB2p-gSyEAQYAiABEgIUUPD_BwE

https://www.bmwofbeverlyhills.com/new/BMW/2024-BMW-330e-fa9fb9550a0e087f2a68800d7e2c9d55.htm?store=24&sd_placement=&sd_digadid=&sd_positions=&sd_targetid=&sd_campaign=performance_max_-_nv_oem_+_shopping&sd_digadcid=1428309&sd_digadprov=dealerdotcom&sd_digadkeyword=&sd_channel=Search&sd_location=9030938&sd_campaign_type=google&ddcref=fluency&tcdcmpid=1428309&tcdadid=&tcdkwid=&sd_placement=&sd_digadid=&sd_positions=&sd_targetid=&sd_campaign=performance_max_-_nv_oem_+_shopping&sd_digadcid=1428309&sd_digadprov=dealerdotcom&sd_digadkeyword=&sd_channel=Search&sd_location=9030938&sd_campaign_type=google&gad_source=1&gclid=EAIaIQobChMIzevm7caohwMVWdPCBB2p-gSyEAQYAyABEgL-CPD_BwE

https://www.longbeachbmw.com/exotic-new/BMW/2024-BMW-330e-a27d6046ac1827620bc4037de4dc1716.htm?store=70&ddcref=fluency&tcdcmpid=1432176&tcdadid=&tcdkwid=&sd_placement=&sd_digadid=&sd_positions=&sd_targetid=&sd_campaign=performance_max_-_nv_oem_+_shopping&sd_digadcid=1432176&sd_digadprov=dealerdotcom&sd_digadkeyword=&sd_channel=Search&sd_location=9030938&sd_campaign_type=google&gad_source=1&gclid=EAIaIQobChMIzevm7caohwMVWdPCBB2p-gSyEAQYCyABEgII5fD_BwE

1 Like
5

You should be able to get a short extension, a bit longer if you have an order for a new BMW.
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The warranty is the same on a lease as it would have been if you’d originally purchased the car.

It’s going to run out based on elapsed time or mileage, whichever occurs first.

6

No but you can buy the car and extend the warranty until the 6th or 7th year since its original in-service date.

7

How much is the buyout versus the cost to lease a 2024 330e? My guess is you can get a pretty steep discount of the 330e. Might be able to get out of existing lease a few months early if there is any equity in the current 330e.

8

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