The most BMWFS will extend a lease is six months. I don’t think having an i4 reservation would meet the requirement since it’s not launching until summer 2022.
IMO BMW did themselves a major disservice by discontinuing the i3 if for no other reason than that leaves them with no fully electric option in the interim for those coming off-lease. It would have been worth keeping it around until the i4/iX was actually launched just to keep current i3 customers. Although maybe i8 customers would transition to a 330e/530e.
Also I’d be curious if your residual increased when you did a lease extension. The buyout for my 330e is ~ $3k higher after I extended the lease, whereas normally it would be adjusted downwards.
Do you know how long it is to go through that process of selling it? I might be able to hold off on turn in as Im going through a lease transfer to a 745e… but already in stage 3 and getting my last set of docs tomorrow.
I did quotes through vroom and carvana. It’s a car that doesn’t get an automatic quote so I’ll see what they say
I received an offer of 103k on my i8. My payoff is 100k. Does anyone know if you can negotiate on these offers… I’m happy with 103k… it’s 3k more than I had before but just curious
I got that from going to the dealer. I do not know if it includes sales tax… is that something I should be concerned about? I’m at autonation so maybe people have some experience with them that they could share
Well well…my newbieness is showing. I really thought the residual value would be the payoff amount at the end of the lease but after checking online, the lease payoff is 106k. I don’t get how the lease payoff is 106k and residual value is 100k when the lease is essentially done…actually it is done…bmw gave me a 5 day grace period to return the car.
Your pre tax buyout is 100,208.24. In some places, the lease payoff is required to show sale tax, etc. If you don’t apply the MSD the above number is the payoff.
