[Kafkaesque328]

Originally Posted by swamy

Right thats what I thought. Comparing orig residual post tax vs the negotiated one, you do end up getting a decent deal as you are paying less on top of getting the car CPO'd.

Yes, all hypothetical, provided that the car is in excellent condition, I haven't gone over the miles and depending on TMV of the car at lease end. It's a psychological thing if you love the car I suppose. Turning it in with 30k miles is barely broken in so if you like the car you may be inclined to keep it for a while but whether it would be cheaper than leasing another car is unlikely. I have a standing offer from my credit union though to finance a used car for 1.75% though which is lower than BMW's MF. But if I could upstream to a 328 for around the same payment, it'd be hard to justify buying the car

[swamy]

Originally Posted by Kafkaesque320

Yes, all hypothetical, provided that the car is in excellent condition, I haven't gone over the miles and depending on TMV of the car at lease end. It's a psychological thing if you love the car I suppose. Turning it in with 30k miles is barely broken in so if you like the car you may be inclined to keep it for a while but whether it would be cheaper than leasing another car is unlikely. I have a standing offer from my credit union though to finance a used car for 1.75% though which is lower than BMW's MF. But if I could upstream to a 328 for around the same payment, it'd be hard to justify buying the car

BMW FS would finance CPO'd cars at 0.99% per current rate. Obviously a new car with fresh goodies on lower payment sounds tempting but at the end of that new lease you are still facing the same question whereas you'd be close enough to owning the first car. very tempting nevertheless

[Kafkaesque328]

^^ Yes and there is the matter of lower insurance premiums as time goes on as opposed to always paying the rate on a new Bimmer. You also have to figure that once the first car was paid off you would be faced with inevitable maintenance and repairs which is simply not cheap. That said, you still might be better off buying the car and then selling it 3 years later. You'd have car payments forever most likely but you would have a little equity in the car by then to cut some of your losses and sell the car at a profit, in turn putting that amount down on something new.

[luckstr]

M/Y 2017 440i lease ends 12/19/19. After my last lease payment was made and received by BMWFS, I called to get payoff since I was buying vehicle (only has 17,000 miles). The original residual was reduced by $ 4,000, imagine my joy!!

[themush1326]

Originally Posted by luckstr

M/Y 2017 440i lease ends 12/19/19. After my last lease payment was made and received by BMWFS, I called to get payoff since I was buying vehicle (only has 17,000 miles). The original residual was reduced by $ 4,000, imagine my joy!!

Just got the same amount off on my residual too so it’s about 28k tax
Can’t seem to decide if it’s a good deal or not, the trade in is so much lower than my residual, if I changed my mind in a year I’ll take a bath

Car is a 2017 430 GC original MSRP about 51k