F30POST
F30POST
2012-2015 BMW 3-Series and 4-Series Forum
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BMW 3-Series and 4-Series Forum (F30 / F32) | F30POST > 2012-2019 BMW 3 and 4-Series Forums > General F30 Sedan / F32 Coupe / F36 Gran Coupe Forum > How much to get out of lease?
proTUNING Freaks
Post Reply
 
Thread Tools Search this Thread
      12-03-2012, 10:47 PM   #1
woderd
Private
14
Rep
91
Posts

Drives: boat
Join Date: Nov 2012
Location: home

iTrader: (0)

How much to get out of lease?

Just curious how much does it cost to get out of a 2013 335xi lease? Also does it affect your credit score?
Appreciate 0
      12-03-2012, 11:09 PM   #2
steveL77
Private
8
Rep
66
Posts

Drives: 2013 335i M-Sport
Join Date: Jan 2010
Location: New York

iTrader: (0)

Quote:
Originally Posted by woderd View Post
Just curious how much does it cost to get out of a 2013 335xi lease? Also does it affect your credit score?
I used the site swapalease.com a couple years ago to get out of my first 335 lease. It was a simple process. Fortunately BMW financial is one of the only companies that completely removes your name off of the lease when another party assumes it. Which means no credit damage is possible. If I remember it cost about $100 bucks to post the car for sale and the new owner pays for the lease transfer. The whole process is very easy and took about 2-3 weeks.

Hope this helps. Good luck!
Appreciate 0
      12-03-2012, 11:12 PM   #3
claykin
Brigadier General
United_States
1579
Rep
4,543
Posts

Drives: various BMW
Join Date: Nov 2009
Location: Florida

iTrader: (0)

Quote:
Originally Posted by woderd View Post
Just curious how much does it cost to get out of a 2013 335xi lease? Also does it affect your credit score?
unhappy with car or personal reasons? Have you tried calling BMWFS to discuss with them?
Appreciate 0
      12-04-2012, 04:32 AM   #4
woderd
Private
14
Rep
91
Posts

Drives: boat
Join Date: Nov 2012
Location: home

iTrader: (0)

I skipped some packages for a cheaper monthly payment but my financial situation should be getting better within 6 months to 1 year.
Appreciate 0
      12-04-2012, 08:51 AM   #5
Michael Schott
Colonel
343
Rep
2,118
Posts

Drives: 2017 VW GTI Sport
Join Date: Dec 2007
Location: Farmington Hills, MI

iTrader: (0)

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.
Appreciate 0
      12-04-2012, 10:24 AM   #6
ZheHbKa
Lieutenant Colonel
ZheHbKa's Avatar
United_States
75
Rep
1,793
Posts

Drives: the Wind
Join Date: Jul 2007
Location: NYC

iTrader: (0)

Garage List
2014 BMW 335 Xi  [10.00]
Quote:
Originally Posted by steveL77 View Post
I used the site swapalease.com a couple years ago to get out of my first 335 lease. It was a simple process. Fortunately BMW financial is one of the only companies that completely removes your name off of the lease when another party assumes it. Which means no credit damage is possible. If I remember it cost about $100 bucks to post the car for sale and the new owner pays for the lease transfer. The whole process is very easy and took about 2-3 weeks.

Hope this helps. Good luck!
+1 best way to get out of the lease. lease transfer is $500 that new owner usually absorbs
__________________
2014 F30 335 X-Drive | 6-MT | Alpine White/Coral Red | ZMM ZDH ZDA |

Appreciate 0
      12-04-2012, 10:48 AM   #7
Orient330iNYC
Brigadier General
United_States
1431
Rep
3,508
Posts

Drives: 2023 X7 40i
Join Date: Apr 2007
Location: Wall St

iTrader: (2)

Quote:
Originally Posted by woderd View Post
Just curious how much does it cost to get out of a 2013 335xi lease? Also does it affect your credit score?
if you dont transfer the lease, it will be the difference between the buyout price at the time and the current market value of the car. in the first year of the lease this might be anywhere from 5-10K.

it wont affect your credit score unless you do something silly like stop paying the lease.
__________________
Present: 2023 G07 40i ZDH/ZDU/ZMP/ZMQ/2NH/ZPK/ZPP/ZRC/300/3AC
Past: 2013 335i 6MT ZMM/ZDH/ZTP/3AG/494/508
Past: 2016 F34 335i xDrive ZCW/ZDA/ZDH/ZTP/ZMP/2V5/5DL
Past: 2019 G01 M40i ZDA/2VF/ZPP/ZPX/688/3AC
Appreciate 0
      12-04-2012, 10:57 AM   #8
dpwr
Captain
No_Country
35
Rep
852
Posts

Drives: a good one
Join Date: Oct 2008
Location: Toronto

iTrader: (0)

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
Appreciate 0
      12-04-2012, 11:54 AM   #9
NAV8TT
Major
NAV8TT's Avatar
United_States
213
Rep
882
Posts

Drives: 2013 ///M3 E92 DCT ZCP
Join Date: Aug 2011
Location: The greatest country in the world

iTrader: (0)

Quote:
Originally Posted by woderd
Just curious how much does it cost to get out of a 2013 335xi lease? Also does it affect your credit score?
Go to the dealer and discuss the option if getting you into a different car lease. I returned my 2009 E92 leased at 49000 mls 1.5 yrs through a 3 yr lease and they got me into a 2011 E90 select program. My monthly payment increased a notch but it worked out and I didn't have to go through extending warranty and maintenance.
__________________
Appreciate 0
      12-04-2012, 03:36 PM   #10
mjf5012
Private
38
Rep
80
Posts

Drives: 2024 M3 Comp xDrive
Join Date: Dec 2012
Location: State College, PA

iTrader: (0)

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.
Appreciate 0
      12-04-2012, 03:48 PM   #11
s1k0ne
Lieutenant
87
Rep
497
Posts

Drives: ..
Join Date: Sep 2012
Location: CA

iTrader: (0)

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.
__________________
F85 (17) - DG/AB
F87 6MT (20) - Comp - BSM
F80 DCT (18) - Comp - AW
F30 6MT 335i - EBII
Appreciate 0
      12-04-2012, 07:13 PM   #12
spicytofu
Fungineer
spicytofu's Avatar
10
Rep
230
Posts

Drives: '11 E92
Join Date: May 2012
Location: DC/MD/S.FL

iTrader: (1)

maybe you can lease a different BMW. Either way, they remain happy
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 01:56 AM.




f30post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST