Lease buyout or new lease?

[Sai26]

My first ever car lease is coming to end next month. Need your suggestions on whether lease buyout is better or to sign up for a new one. Below are the details:

2018 530e iPerformance sedan( base model with no special packages)

Current Mileage : 14,700
Maturity Mileage : 36,000
Includes excess wear and tear protection:$2000
Duration: 36 months
Residual Value: $32,767
Dispostion fee:$350
Location: SoCal( Thousand oaks)

One of the sales person mentioned that there will be additional $2,500 charge for bmw certification if opting for buyout. Is this optional? Also, there will be Sales Tax i guess…including all of these it rounds up to ~$38-39k.

X4 is my fav option for next lease. I could hardly find them in any inventory of nearby dealerships.If you know of any deals, please do share.

Thanks in advance!

[jeisensc]

@Sai26

One of the sales person mentioned that there will be additional $2,500 charge for bmw certification if opting for buyout. Is this optional? Also, there will be Sales Tax i guess…including all of these it rounds up to ~$38-39k.

If you decide to buy-out, recommend reading through the BMW Wiki and FAQ on buying-out your BMW lease

BMW Leasing Wiki

Hi folks, Here’s our first stab at a brand-specific Wiki. With all the activity on Leasehackr Forum, it’s easy to lose track of the knowledge being shared. The purpose of this Wiki is to be a central repository for all things related to leasing a BMW. Please feel free to contribute! This is an ongoing document that relies on crowd sourcing our knowledge and experiences. Expected Discount/Selling Price This is very generalized information, but discounts vary by location, time, and model. Sear…

How To Buy Out Your BMW Lease

If you leased your BMW in 2018-2019 chances are you’re surfing this forum and wondering how you’re going to afford $150 more per month for the same model you got two and half years ago. Programs have changed (a lot) during that time and with the long term effects of COVID and all the production shortages, the market has completely flipped on its head in the last 4-5 months. Most models are selling at MSRP and many others are getting large addendums of $5-10k over MSRP (Telluride…are you kidding…

[mllcb42]

@Sai26

Need your suggestions on whether lease buyout is better or to sign up for a new one.

Extend your lease as long as possible and push this can down the road as far as possible.

[Sai26]

Thank you! I will check with dealership.

[mllcb42]

Your lease is with BMWFS, not the dealership. You should talk to BMWFS about extensions.

[BMW_Dave]

Feel free to email me with the last 7 of the VIN and current miles if you’d like a lease buyout quote.

Dave Townsend | BMW of Murrieta
dave.townsend@bmwofmurrieta.com