How To Buy Out Your BMW Lease

Thanks for this great post. You nailed it, my 2018 340i lease is ending soon and I’m trying to figure out how to navigate my first lease purchase.

@BMW_Dave I’m interested in your services, but trying to understand the structure of the arrangement. If I live outside of CA, is the only advantage that you can offer a better APR for financing compared to BMWFS? Or can you help submit the paperwork in Colorado also? Because I could always just buy out the lease from BMWFS and once the paperwork clears I could refinance with the cheapest bank on the internet at no cost (no prepayment penalty). Altra Credit Union is the best in the US for motorcycle financing so I use them, but not sure who is best for auto loans.

I’d be extremely curious if you can negotiate a better deal than the average Joe like me. I have a 2018 340i RWD ZHP (!!!), manual trans, and 19,000 miles on it. The buyout is $38,270. I’d love to discount the residual a few thousand and buy it out. Let me know how you could get me to a better outcome vs. doing it alone. I hit t minus 90 days to lease end in December.

Thanks!