That’s an intriguing idea which. For makes that don’t offer complementary warranty, as long as you go to a national chain for oil changes they often upload to Carfax. Not 100% but you could get a pretty good idea on where most of the leases are mileage wise. You could also see about accidents which would make offering a lower buyout more attractive since the car is worth less.
For brands that offer free maintenance, it’s even easier to know both where car is at mileage and condition wise.
Sounds like you should have transferred out or picked up a 
or Bolt
I toyed with the idea of transferring out but I would have had to offer some substantial incentive as I have been over my mileage year 1. I think I was at 20k miles going into year 2…
Also I just picked up a tundra as a “use this to go over my mileage with instead of putting it all on one car” vehicle. All while now having a pickup truck for extra home improvement projects, etc.
Well I just went to check my online account in HFS (Honda) and payoff amount is not discounted, and there’s only 4 remaining payments in my contract.
How far to the end of the contract are you guys receiving the discount (how many payments left)?
We are 3 months out of lease end with contracted residual being 24,932. A couple weeks ago, the buyout on the Countryman was 25,315. It is now 23,522, and I expect it to drop further as we get closer to lease end. If it gets under 20k, may think about buying it out.
Live and learn, being a baller rolling around in a foreign at cheap!
User name does NOT check out
Lol - It’s a long story but my reasoning back then checked out.
Also - I get paid per mile to drive my car so the overage has been paid for many times over. (this wasn’t taken into account when I decided on a lower mileage lease)
Stonks.
10
Is this you or someone you know? What was the buyout price on contract and what BMWFS offered?
I have a 320 x drive that the contracted buyout is 28,xxx and they offered a 5500 dollar discount. That offer popped up in my online financial services portal when looking at the buyout documents. I think I only got it when I hit 90 days out.
I don’t know him personally, just via owners group, but I just logged into my account and I see that I have quote with 10k discount for my i3. 25 instead of 35k
Are you referring to your BMWFS online account page? My wife’s lease is up in two months and the buyout has remained at the same level (minus ongoing payments) for six months through today.
I was referring to the online portal. It might depend on the vehicle. I can guess why they wouldn’t want any 320s back. Maybe your wife has a car they think someone else might want to buy.
Maybe, she has a 2017 m240i xdrive convertible that is loaded with only 22k miles on 30k allowed.
Went to the lease return portal and it was all the same shiznits with no discount to be found.
Yeah the BMW FS page… My lease is up this month so maybe that’s why they did the analysis and are offering a lower amount.
BMW FS offered a $4,500 reduction off residual value for a buyout of my 550i in January 2019. Even with being way under mileage it didn’t make much sense to hold onto the car at the reduced number.
Sorry to bump an old topic, but has anyone recently been able to buy out their BMW lease with a discount?
Did you get the discount before or after the inspection?
Who does the inspection? Is it someone from the local dealership or independent?
Has anyone had luck recently contacting their local dealership to do a lease return/buyout for a lower amount?
Discounts are usually available for viewing online, I personally haven’t heard of a person ‘negotisting’ per sae, just being offered a lower buyout online.
BMW typically has a customer cash that is a set dollar amount below residual when you are within 90 days of lease maturity. It varies from model to model, but you can usually buy it for less than residual. However, the won’t negotiate that number.