12-03-2012, 11:09 PM | #2 | |
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Hope this helps. Good luck! |
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12-03-2012, 11:12 PM | #3 |
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12-04-2012, 08:51 AM | #5 |
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Unless BMWFS is willing to work with you (doubtful) Swapalease or something similar is you best bet. Read your lease agreement. BMW does not give you much flexibility.
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12-04-2012, 10:24 AM | #6 | |
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12-04-2012, 10:48 AM | #7 | |
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it wont affect your credit score unless you do something silly like stop paying the lease.
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12-04-2012, 10:57 AM | #8 |
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another reason to try to get best deal, if you ever need to upload the car it will be the deciding factor.... but ya, do a lease swap, if worst comes to worst and nobody will take it over, offer like $500 cash to them
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12-04-2012, 11:54 AM | #9 | |
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12-04-2012, 03:36 PM | #10 |
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You can get lucky sometimes with your trade in value. I am getting my first BMW at the end of this week. I have a 2012 Hyundai Sonata Hybrid that I began leasing in May of 2012. The buyout, which includes all fees, is $22,500. My BMW dealer is giving me $22,500 as a trade-in credit and they will be sending a check in that amount to Hyundai to buy the car directly. So, I am getting a brand new car for no money out of pocket (just MSDs and title and tags).
I have done this same scenario for other cars in the past 2 years. This is my 4th leased car in 2 years and I have never put any money down and always get the dealer to completely pay off my current lease. I am doing the MSDs this time because I will keep this car for the 3 year term. |
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12-04-2012, 03:48 PM | #11 |
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i actually asked my broker this question who asked BMW directly.
There is no fee regarding getting out of a lease for me. Maybe this clause was added to mine? Not sure but i made sure of this before i leased my car.
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