Hi All seeking some insight and help from the community. I was in a bad situation last year due to a new job and driving a v8 jumped into an EV lease for 25’ bmw I4 but feel as if my payments are outrageous i was told it was due to negative equity from my previous car. My mo payment with tax is $16…

What is your current buyout and what is market value? All you’re really talking about doing is refinancing your negative equity and paying additional tax and rent charge on it.

21 months left due to mature april 2028

Current payout is $61,332 i believe and i think current market is around $35k. Essentially looking to see if i can work into other leases to bring down the negative and payment so i can purchase or lease another car for my wife

There are only a few manufacturers that offer a pull-ahead program (Mercedes and Porsche, usually no more than 6 months) and unfortunately BMW is not one of them. With $26K negative equity, there’s not much you can do. Your LTV would be way too high to roll into a lower interest or lower MF, cheape…

You can use a balloon loan, and exercise return option, to purchase a used 2025 Dodge Hornet RT ($18K) and then add the negative $26K; Your 36mo payment would be around $870. This actually keeps you right around the ERV of $44K.

As respectfully as possible - a dealer worked magic and got you into a new car. Those numbers are horrible and seem like $20,000 of negative equity was rolled in. That $20k is being paid back over your 24 Month lease. What you are trying to do now is repeat the issue - roll even MORE negative equ…

Keep it and pay for another 21 months. Start clean on your next lease.

Could you tell me more? Not sure what a balloon loan is?

Spend the next 21 months making your payments and learning how lease math works for the next time.

Thank you @lsr for your honest opinion i was in a bad spot when i got it and needed a way to cut gas costs due to commute most likely will keep the lease until the end and use this forum before getting into another one

Help got a lease on an emergency situation feel stuck with high payments due to negative equity

Ask the Hackrs Buy/Finance

Kctham18 July 11, 2026, 10:16pm 13

good luck… $20-30k of neg equity is tough to work with.