I know this may seem a silly situation to some… but my lease was up and I returned it… but literally a day or so after I was having major regrets and second thoughts about the car and contacted Ally and my dealership but was told that my car is grounded so it won’t be possible. In anyone’s experience… is there absolutely any way to reverse this and still be able to buy out your lease?
I would call Ally and see if it’s not too late to buy it. If not then ask the dealer what they would charge to cpo it (otherwise just buy it from Ally - if they let you).
They’re right, you dodged a bullet. Who’s going to buy this car from you for any reasonable amount of money in a few years?
And CPO is only as good as the dealer network. What’s the probability you’ll have a dealer network competing for your service work in a few years? Having only 1 is close to useless if they act like a local monopoly. Ofc 0 would be worse.
I was just discussing doing something like this when my lease is up next year.
Turn it in, give my brother the VIN and have him buy it on Manheim (he works for a dealer), and then go pick it up wherever it is and do the paperwork to buy it from his dealership.
Judging from how this particular model is stocked new locally, there isn’t much demand for the RWD version… so I’m pretty certain if I turn it in in Ohio it’ll end up going to auction.
I know from browsing Manheim that some of BMW’s vehicles are only available to BMW dealers… would need to confirm details on that before taking action.
I’m sure there’s no shortage of Giulias and stelvios used with low milage for that price if you want to buy one. I don’t recommend it like many others also have said here. For $31k I would find a more reliable used car…