I see that demo unit and loaners are cheaper to lease than their new counterparts. What are the downsides of loaners if leasing? For example if the warranty is 36 months or 36k miles whichever comes sooner and you lease a 2k mile loaner unit for 36/12 and something breaks or a wear and tear part wears out at 37k miles on the 34th month into the lease are you responsible for that? Thanks.
They’re definitely not always cheaper than their new counterparts.
Yes, the warranty thing is something that needs factored in, as well as wear on consumables (tires, brakes, etc).
Then there’s all the fart in the seats.
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With loaners I almost always buy UC+ on them when going 36/anything.
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You may find it beneficial to look at 24 month leases for some of the reasons mentioned above. In many cases so doing will also help prevent you from having to buy tires✔️
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The warranty is 4 years so you will be fine if something “breaks”. The maintenance plan is 3 years so you are right on that one.
Depends how strong the deal is. BMWFS recently gutted 24 and 30 month RV’s across the board.
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Oh no! How badly?
Warranty and Maintenance is 4yr 50k, so is it really worth it ? Maybe im missing something
Which brand ?
He tagged BMW so I replied for BMW numbers.
3 years from the time when the unit came to the service. Not sure if this is true.
@aronchi or @nyclife please advise.
Its 4 years 50k miles for BMW but incase of loaner, from time it was punched.
Yes I know that.
202020
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Lol im sorry bud. I was confused. Both warranty and maintenance is 4 years.
So for example a 5k mile loaner will be covered for 4 years and 50k miles? What about wear and tear items like brakes and tires?
Warranty is 4 years, maintenance plan is for 3 years. They both start from the date car is punched. 
No: loaners get the balance of the manufacturers warranty, it’s not plussed for the time or miles. For punched cars, the warranty in-service date is the day it’s punched.
They are your wear-and-tear to contend with. Some people report getting covered under warranty in extreme circumstances, but wear parts are on you, the lessor, unless you bought an overpriced finance product to pay for maintenance with wear parts.
https://www.bmwusa.com/explore/bmw-value/bmw-maintenance/terms-and-conditions.html
Please read here. In your example let’s say the loaner was used for 6 months. After the date you purchase it you will have 3.5 years or 45k miles of more warranty whichever comes first. The maintenance plan remaining will be 36k miles minus 5k miles 31k miles or 3 years minus 6 months 2.5 years.
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Yes, the warranty is already ticking, but I am not sure I see the problem.
If you have a 2k loaner on a lease with a total of 36k miles, you end up turning the car in with 38k. If you are looking at manufacturers where the extra loaner incentives make it feasible to lease a loaner (BMW and Volvo, more specifically) those have 10k service intervals. So you get the first 3 covered and turn it in before the 4th even starts popping up.
This is coming from someone who leased a Volvo loaner with 5,500 miles on it.