Hello all - long time lurker and serial leaser, but this is my first post here.
Long story short, my 2019 BMW 330ix is coming off lease next month and I am very much considering buying the car for the reasons that you’d expect: the current market inventory situation, uncertainty of new order timelines, my car has options not available now like parking package and H/K, and finally my wife vetoed the idea of a Jeep 4xe lease (yup, I’ve been lurking here quite a while).
So my question to you all is: what are recommended lenders who provide good rates and services for lease buyout loans? Especially ones that don’t make you jump through hoops to sell the car later to a third-party (I ideally want to keep the car for a year or two until the market cools down).
I’ve seen mixed opinions about PenFed, has anyone done a lease buyout loan with them recently? Or just any other banks that are worth considering?