06-20-2021, 12:03 AM | #309 | |
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06-27-2021, 03:54 AM | #310 |
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I've been wondering about the remaining lease payment forgiveness as I get closer to end of lease on my G30. Know others have mentioned before their last 3 payments being forgiven. Was yours through BMW Financial or the dealership?
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06-27-2021, 03:13 PM | #311 | |
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So like some have said before, get an appraisal for what your car is worth right now. They might just buy it off you and you could end up pocketing some cash. Or try to trade it in as part of the lease to lease deal like I am. If they just waive the remaining payments, you may be leaving cash on the table. |
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07-12-2021, 10:55 AM | #312 | |
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When I got my car, I still had 3 payments left on my F80. I had originally planned to keep both cars for the 3 months since I was getting such a good deal on the M8 to take delivery on 12/30, and did all the negotiations without consideration F80. The day before delivery, I asked if they could work something out because insurance on a third car and other things were goin to be a hassle, and the dealer agreed to "cover the remaining payments". I thought they were a bit crazy when they said they could make it work without affecting the numbers, but when it came down to signing, I found out they did so by buying out/ trading the car rather than doing the lease-end turn in. They held onto the car for a couple months and ended up making about a grand extra profit on that end. With the used car market what it is right now, I'd imagine many dealers would be happy to entertain a trade on a leased vehicle as you may be close to having some positive equity anyway.
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FlorinQCK-2.50 |
07-16-2021, 10:13 AM | #313 |
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This market is pretty terrible for new car buying. Ive talked to 5 dealers in dallas, KS, and nebraska. No one is interested in discussing below MSRP outside of the national promos...No tax credits, no negotiating. Even on Demo cars, getting offered only 1k off msrp.
Used car prices might finally be rolling over, (https://publish.manheim.com/content/...-LineGraph.png) I hope Q3-Q4 will start to see deals getting made..
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07-17-2021, 09:40 AM | #314 | |
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What are people seeing on cap cost reductions on M8 leases now? I just got a "vacation" home in another country but I will be spending a lot of time here and my M8 back in SoCal is not needed any longer. I suppose swap a lease is an option since most new leases are underwater for most of the lease term but not sure about that now. Any data on selling these to places like Carmax? I presume bmw dealers are low balling like always.
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07-17-2021, 10:27 AM | #315 | |
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07-17-2021, 02:41 PM | #316 | ||
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07-17-2021, 03:10 PM | #317 | |||
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07-17-2021, 05:53 PM | #318 | ||||
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07-17-2021, 08:41 PM | #319 | |||||
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PS: I've sold maybe 10/11 leases now, nobody ever saw the car in-person beyond FaceTime chats etc. Each car moved within 4 or 5 interested parties; I'd guess the majority went more quickly. |
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09-02-2021, 02:49 PM | #321 | |
Leave the gun. Take the Canoli.
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09-02-2021, 03:05 PM | #322 | ||
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I ended up trading in the M8 for almost exactly my payoff to the dealer that I leased the M8 from....as they also happened to have the exact used car I wanted so it was a no-brainer. After a couple months I am so glad I ditched the M8 for the F85 X5M.
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09-03-2021, 01:47 AM | #323 |
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Says he updated it but I"m not seeing anything. Don't know if that means it's the same as June or what but hasn't been updated that I can see since then.
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09-03-2021, 02:05 AM | #324 | |
Leave the gun. Take the Canoli.
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09-03-2021, 07:32 AM | #325 | ||
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09-03-2021, 11:28 AM | #326 |
Leave the gun. Take the Canoli.
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Pricing an M8C coupe now comes to ~$133k for me where as before it's year hiatus for the coupe it was up around $150-160k right? How much discount are people seeing on that $133k price?
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09-03-2021, 11:56 AM | #327 | ||
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FlorinQCK-2.50 |
09-06-2021, 12:27 PM | #329 | |
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