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Can you extend a lease for F10 Arrival

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Old 05-05-2009, 05:49 PM
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My E60 comes up in October and it sounds like the F10 might be out March. I love the E60 but also intrigued at the F10. Would I be able to extend my current lease to March to obtain an F10 or am I just stuck with the end of the body rotation, and wait 2 1/2 years for an F10? Also if you can extend do they keep you at the same terms or do they change your payments?

Thanks in advance.
Old 05-05-2009, 06:01 PM
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I've extended my leases many times -- BMWFS has no problem doing so if you have a new car on order -- I can't imagine why they wouldn't allow an extension while you wait for the F10.

You may be able to renegotiate the lease payment but don't be surprised if things just stay the same...
Old 05-05-2009, 06:13 PM
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In my experience, they will only do it if you have an order or a production number. If you go for a regular 6 month or year extension otherwise, they are going to ram you up your ass very brutally. The cost for a 1 year lease extension on my '06 500 was quoted to me by BMWFS as close to $2000/month.
Old 05-05-2009, 09:33 PM
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Originally Posted by britus05' post='869219' date='May 6 2009, 03:49 AM
My E60 comes up in October and it sounds like the F10 might be out March.
If you live in Germany it will be out in March (well, it's April really because it's the end of March). If you're stateside (which most people are when they don't list their location) then you're looking at October time. Plus, and this is important, the cars arriving in these early months go to those who are ordering now. It's not easy getting one in the first 3 months of a car's launch.
Old 05-06-2009, 07:18 AM
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Originally Posted by britus05' post='869219' date='May 5 2009, 09:49 PM
My E60 comes up in October and it sounds like the F10 might be out March. I love the E60 but also intrigued at the F10. Would I be able to extend my current lease to March to obtain an F10 or am I just stuck with the end of the body rotation, and wait 2 1/2 years for an F10? Also if you can extend do they keep you at the same terms or do they change your payments?

Thanks in advance.

BMWFS will usually let you extend your lease by 6 months and they will keep the same terms as your original lease (payments, milage, etc). However, I do hear this is hit or miss based on the BMWFS rep you talk to... They usually like to get a production number for a new vehicle, but you can have your dealership help if its too early to order one of the F10s.

But as DD_545i pointed out, no one is sure of the launch date in the US... So, it may not be spring of 2010 for the F10.
Old 05-06-2009, 09:07 AM
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Originally Posted by britus05' post='869219' date='May 5 2009, 09:49 PM
My E60 comes up in October and it sounds like the F10 might be out March. I love the E60 but also intrigued at the F10. Would I be able to extend my current lease to March to obtain an F10 or am I just stuck with the end of the body rotation, and wait 2 1/2 years for an F10? Also if you can extend do they keep you at the same terms or do they change your payments?

Thanks in advance.
Another option would be to start a brand new lease but it has to be for 1 year at least. That what I did (big mistake for me but you may get lucky) with my 2007 550. 1 year lease will take you into October 2010 and by that time major bugs in F10 should be fixed.
Old 05-06-2009, 09:47 AM
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Originally Posted by SergeyM' post='869892' date='May 6 2009, 07:07 PM
1 year lease will take you into October 2010 and by that time major bugs in F10 should be fixed.
By October 2010 you might (if you're lucky) see one in the flesh (unless you're in Germany and you've been seeing them for months). To say the bugs should be fixed is taking it a bit far.
Old 05-06-2009, 04:48 PM
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Originally Posted by DD_545i' post='869944' date='May 6 2009, 01:47 PM
By October 2010 you might (if you're lucky) see one in the flesh (unless you're in Germany and you've been seeing them for months). To say the bugs should be fixed is taking it a bit far.
OK, let me re-phrase it "at least by that time German bugs in F10 will be fixed, you'll only have to deal with US specific issues".
Old 05-09-2009, 04:34 AM
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Do we know that Germany is getting it in March for sure? My lease is up July 2010.
Old 05-10-2009, 08:23 PM
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Going through the same thing.
$1600/month to extend for one year.
They will extend for 6 months at the same price, but you are still overpaying by paying the same average amount for the first three years over year 4.

I am just leasing for 3 more years. I will be a couple of years into the new design, but I do not see any problem getting a really nice 550i (either 2009 or 2010). It won't suck.


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