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      05-06-2016, 05:16 PM   #1
cryptz
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Lease Buyout Options

Hi,

My employer has been leasing me a 435 for the last 20 months. I am leaving the company and they are offering to let me buyout the car. I cannot simply continue the lease payments because I expect to be over the allotted miles with the commute to my new job. Is it possible for me to buyout the car vs leasing? Do you know how I go about figuring out the buyout price? The lease is not at term so I cannot go by the residual price obviously.
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      05-07-2016, 09:41 AM   #2
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Quote:
Originally Posted by cryptz
Hi,

My employer has been leasing me a 435 for the last 20 months. I am leaving the company and they are offering to let me buyout the car. I cannot simply continue the lease payments because I expect to be over the allotted miles with the commute to my new job. Is it possible for me to buyout the car vs leasing? Do you know how I go about figuring out the buyout price? The lease is not at term so I cannot go by the residual price obviously.
Have him call BMW and get the payoff. You could also lease transfer the car into your name and then buy it out at the end of the lease.
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      05-10-2016, 08:14 PM   #3
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Quote:
Originally Posted by cryptz View Post
Hi,

My employer has been leasing me a 435 for the last 20 months. I am leaving the company and they are offering to let me buyout the car. I cannot simply continue the lease payments because I expect to be over the allotted miles with the commute to my new job. Is it possible for me to buyout the car vs leasing? Do you know how I go about figuring out the buyout price? The lease is not at term so I cannot go by the residual price obviously.
At this point right before the 2017 start production, it would probably be better to lease a 2016 or 2017.
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