[omaralt]

Have a lease expiring on 7/2 but getting close to the mileage limit. I know they've had 6 month pull ahead programs previously. Any info on current/upcoming pull ahead programs? Thanks

[skw]

Last I heard was still 3 month, at dealer's discretion as it required them to buy the car.

[omaralt]

Originally Posted by skw

Last I heard was still 3 month, at dealer's discretion as it required them to buy the car.

Thanks. I'll wait and see what next month brings

[CIWS]

Originally Posted by skw

Last I heard was still 3 month, at dealer's discretion as it required them to buy the car.

It can change at any time when BMW tells them. Just keep checking back with the dealership. But probably wouldn't hurt to buy a few extra miles before lease end while they're cheaper than when you're turning it back in at the end.

[PushingRedline]

I am in a similar boat right now...Lease is up at end of June but am already a couple k over miles. I started contacting a couple dealers. One SA said he thinks they will bring the 6 month pull ahead back this month. I am going to be buying miles now anyways since I am over.

[omaralt]

Originally Posted by PushingRedline

I am in a similar boat right now...Lease is up at end of June but am already a couple k over miles. I started contacting a couple dealers. One SA said he thinks they will bring the 6 month pull ahead back this month. I am going to be buying miles now anyways since I am over.

Ya I'm waiting to see what January brings. I'm not over yet, but will be by march or so (lease expires in July).

[drummerlauw]

I heard sometime the dealership will ignore the excess mileage if you lease another car with them?

[omaralt]

Originally Posted by drummerlauw

I heard sometime the dealership will ignore the excess mileage if you lease another car with them?

I'm sure they do if it's within reason. If you're over by a few hundred (maybe even a thousand or two) but I can't imagine they'll ignore much more than that

[MG 228i]

Mine is up 06/2017 and I was also asking for a lease pull ahead in December. I'm under miles and I'd like to order my next car.

[CIWS]

Originally Posted by drummerlauw

I heard sometime the dealership will ignore the excess mileage if you lease another car with them?

If at the end of your lease you choose to purchase another car from them vs just do a lease turn in the situation becomes a little different. Now it's you wanting to buy another car and you have a trade in. So they will value your car at that time for it's trade in value and it's mileage will figure into that calculation. So technically they don't charge you for the excess miles beyond the lease. But they are going to make you an offer on what they'll pay for your trade in. If you think they're low balling you then you're back to either just turning the car back in as end of lease or taking out a loan on the balance and then seeing if someone will offer you more to sell it to them.

[BEM-S4]

The dealer can help you out. They can buy the car at market value to resell whereas you are stuck with buyout price you already negotiated. Pull ahead programs vary month to month. Were none due to air bag mess a while back for instance. Dealers will often pick up a few payments for you to get you out early too but it's all coming out of the same pile of money so usually discount new car less.

[InsideMan]

Year long pull ahead now.

[keylime503]

Originally Posted by InsideMan

Year long pull ahead now.

Can you expand on this?

[omaralt]

Originally Posted by InsideMan

Year long pull ahead now.

Ya please explain what you mean

[InsideMan]

3 payment waiver on everything except M cars and 7s

5 month payment waiver on 7s

6 month window meaning, dealer can work a deal on cars that are 6 months from maturity (3 payments waived, 3 payments dealt with by client, dealer, rolled into new payment etc.)

There is a page two that has the remaining months. You get the idea

[zinner]

Originally Posted by drummerlauw

I heard sometime the dealership will ignore the excess mileage if you lease another car with them?

If there is one thing about dealers they can move money around in any aspect of a car deal to make the customer happy as long as the bottom line is where they need it.

[jjrandorin]

Originally Posted by drummerlauw

I heard sometime the dealership will ignore the excess mileage if you lease another car with them?

Thats not exactly what would happen in that case, although it could "appear" that way.

Its a little more complicated than just making a blanket statement like that. the summary of it is this.

Those excess miles usually get paid for by SOMEONE. Either you (either directly, or indirectly) or the dealer. By "You, indirectly" I mean the charge for the mileage could be rolled into the new deal, if the dealer is making enough money to absorb it.

I also mean that the buyout the dealer receives from BMW FS to own the car could be such that the dealer will make enough on the car to absorb the miles (this does not always happen).

I also mean that the charge could be rolled into the new deal as a charge, ESPECIALLY if the customer does not understand how the numbers work, and does not know how to read the contract and see it. Some people are content as long as the monthly hits the number they want, and dont care if this or that charge is there (not realizing that if this or there charge is NOT there, the monthly would be lower)

By the dealer I mean that they could elect to just pay it themselves (they need to be making enough money on the deal either on the front end or back end to decide to do that).

They could also decide that the car is desirable and they can make enough on the incoming car selling it that they can absorb the mileage.

So, there is no "one size fits all" on the statement of " I heard that they will ignore the excess miles if you lease another car with them. There is no blanket statement on that situation that will work, because it has too many variables. Could work for your friend / co worker, and not for you, for a variety of reasons.

NOT a good idea to go INTO the negotiations EXPECTING them to "take care of it" because you are leasing another car with them.

(sorry for the wall of text, I tend to be wordy).

[the_phew]

Originally Posted by zinner

If there is one thing about dealers they can move money around in any aspect of a car deal to make the customer happy as long as the bottom line is where they need it.

One thing that limits your options is the fact that the sedan/coupe market has totally tanked; it's all crossovers now. So dealers don't want to give up anything to get a used sedan in their inventory.

Lease turn-in CPO F3x are selling for several grand below their lease residuals; BMW bears some of that difference, but the dealers absorb some too.

[zinner]

So they raise the MSRP on the new car to cover that. It's kind of my point. 500 bux to over lease over miles gets added to the selling price of the car.

[jjrandorin]

Originally Posted by zinner

So they raise the MSRP on the new car to cover that. It's kind of my point. 500 bux to over lease over miles gets added to the selling price of the car.

Thats the customer absorbing it, not the dealer... but I understand your point.

As (I think) I said, sometimes it just gets added to the new car. It almost never "goes away". Its just that sometimes its harder to find where it went.

The more moving parts in the deal (lease return or trade in, desirable or undesirable vehicle, aggressive price on new car or not, base money factor or fully marked up, warranties purchased at Finance office, etc etc) makes it harder to find where miles on a car went.

If a person does not car thats totally fine, but assuming "I am getting a new car from them so they will eat the miles" as a blanket statement isnt.

[omaralt]

Originally Posted by InsideMan

3 payment waiver on everything except M cars and 7s

5 month payment waiver on 7s

6 month window meaning, dealer can work a deal on cars that are 6 months from maturity (3 payments waived, 3 payments dealt with by client, dealer, rolled into new payment etc.)

There is a page two that has the remaining months. You get the idea

can you please explain this further. is this a real 6 month pull ahead or would they simply have the dealership have to deal with the other 3 payments? I'm about to place an order for an X4 so i can pick it up in march, but they have one in stock that i can get a better deal on. so if it's truly a 6 month pull ahead, then i would go today and get the one they have in stock.. my lease expires in july, and i have 5 payments left.

[InsideMan]

Originally Posted by omaralt

can you please explain this further. is this a real 6 month pull ahead or would they simply have the dealership have to deal with the other 3 payments? I'm about to place an order for an X4 so i can pick it up in march, but they have one in stock that i can get a better deal on. so if it's truly a 6 month pull ahead, then i would go today and get the one they have in stock.. my lease expires in july, and i have 5 payments left.

Dealership has to deal with 3 payments and 3 are waived. It's a 6 month window for dealership payoff.

If a dealership does a pull ahead, they must buy the car. This is an important aspect of the transaction that most forum people don't take into consideration. If you try and negotiate a skinny deal and have a trashed lease, it won't always work well for you.

Forum sales account for .0001% of a dealerships total sales. The sales aspect comes into play when a dealer can call a client and waive 6 payments and get them in a new car. Client appreciates the offer and moves on to the next one...