Return BMW lease early, who eats payments?

Good one!!! Also try the genesis dealer. They are so desperate they may be willing to eat a lot :slight_smile:

Thanks for the morning chuckle!

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Ok… rephrase… if you have a pull ahead offer from BMW corporate… does Corporate actually eat the rest of the lease? They don’t punish the dealer? This is a hypothetical right now but just curious if I have this flyer and the dealer starts giving me crap that they’re gonna have to eat part of that… just wanna have knowledge :wink: thx!

A dealer will never eat anything…? Lol, this is just not true.

But there isn’t a pull ahead available, if there was, then yes, BMW would.

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Then I’m confused how this worked:

Where was this cost baked into the lease? Cause the numbers are already much better than I’ve seen anywhere else.

They covered the cost of the current lease in addition to the discount.

It wasn’t baked into the lease, they just wrote a check for it.

There you go. That check comes from dealer or BMWFS?

The dealer. There was no pull ahead

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And where do you think the dealer gets that money from? Instead of discounting 6k they discount 5k and give you a check (numbers used as example)

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@GAngellBMW @vhooloo @mp11477 @mani_is_kool care to weigh in more?

I agree with James.
It will either be a discount or a check with a lower discount.

It’s the same money pool, just distributed differently.
If I hadn’t had payments on the lease, I would have just got a bigger discount…

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If you ever receive a corporate notice, do not disclose to dealer and get the best numbers after beating them up. Only after all is done and said, then tell them you have an existing lease with remainjng payments which corporate has sent u an offer for. But remember, even corporate offers are not 100% true. With Acura, I received my corporate notice, qhen i called acura financial, they said 3 were being waived by them and other 3 will be eaten by dealer, which basically meant being baked in ur new lease. Yes it does happen.

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I’m considering the exact same situation. I’m far over miles and am close to needing a set of tires and my lease expires in Feb. '19. I’m considering just paying off the lease and turning the car in to avoid the extra miles and tire charges. I can say this… BMW is going to have to try very hard to keep my business. As an old BMW customer, there are just too many cars in the line now and it seems they are innovating far too slowly. That… and good God the seats are hard and the older I get… the tougher that is to take.

Love my bmw but the standard seats are shockingly bad. SensaTec is gross. Dakota/Vernasca should be standard at least. You have to upgrade to Nappa before it becomes comparable to standard Acura or Lexus.

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If your tires are below 4/32" tread depth anywhere across the tire, you’re probably already toast. I don’t know BMW’s requirement for tread depth, but that’s basically the standard.

that’s the standard for BMW too.

You have to upgrade to Nappa before it becomes comparable to standard Acura or Lexus.

This is just not true. I’ve owned 8 BMW’s, 3 Lexus & 3 Acuras.

Different philosophies.

  1. Acura uses cheap “leather”, that feels soft but generally starts to fade, ripple, etc. quickly. = “value”
  2. Lexus does use nice, soft, supple leather - that is designed for old people :slight_smile: = “comfort luxury”
  3. BMW offers Sensatech (instead of cloth in the US) and varying levels of leather. All are more firm, higher quality, more durable, and more sporting that the normal stuff in Lexus & Acura. = “sport luxury”

Also, in some cases, BMW will buy back your car no hassle if your market value is higher than the residual. That doesn’t usually happen because BMW subsidizes so many of their leases (esp on 3, 5, & X3 series), but it can, depending on your car.

My guess is you bought a stripped down 3 series, like a 320 or 328/330. ALWAYS get sport package with BMW and ALWAYS get a premium package. It’s a different car.

I actually prefer the sensatec over the real leather. Easier to clean, doesn’t heat up as much in the summer.

Your number one issue is you are far over miles. You will be dinged with extra mileage charges, no matter whether you turn in early or not. Even if you do a pull ahead or lease another BMW, that will play against you (i.e. they may bake the extra charges/lower residual into your payment).

Also, please consider your mileage when looking for your next lease. Don’t do a 10k lease if you drive 12 or 15k.

As for the tires, they will come after you anyways, early turn in or not, if you are above the wear limit.

Best bet is to prepay the miles right now with BMW, find some cheap used tires on eBay that meet OEM spec, and see if you can buy/lease a cheaper car while you park the BMW (Assuming you can carry insurance on two cars)