Negotiating the price of lease buy out?
#1
Senior Members
Thread Starter
Join Date: Jan 2008
Location: Mount Laurel, NJ
Posts: 516
Likes: 0
Received 0 Likes
on
0 Posts
![Default](https://5series.net/forums/images/icons/icon1.gif)
My lease is up on my 535 in mid-November. I am considering buying the lease out, but had a question. About 6 weeks after I took delivery of my car, I was in an accident. The damage was over $40K for parts and labor. The car has been perfect ever since. I am considering buying the lease out, but will only do so if I can get BMW to lower the buy out amount. Has anyone had luck with this? I would think that BMW would consider negotiating since the car will certainly be worth less than speculated at lease end.
#2
Super Moderator
Join Date: Jan 2008
Location: So. Cal (SFV)
Posts: 17,508
Likes: 0
Received 3 Likes
on
3 Posts
My Ride: 2011.5 Alpine White E90 M3 | Black Novillo Leather | Carbon Fiber Leather Trim | ZCP | ZP2 | M-DCT | Navigation | Moonroof | 6FL Mods: TMS 12.5mm spacers all around l Hawk HPS Brake Pads l OEM M3 Edition Grills l Paint Matched Side Gills l Key Hole D
![Default](https://5series.net/forums/images/icons/icon1.gif)
my lease is up in december...i'm contemplating the same thing...I've contacted bmw fs already regarding my buyout price...waiting for a reply
also, i'm sure the not so stellar history/reliability of the n54 hpfp has to effect the re sale value..even if they do warranty it for 10K/100K miles now....
also, i'm sure the not so stellar history/reliability of the n54 hpfp has to effect the re sale value..even if they do warranty it for 10K/100K miles now....
#3
Contributors
Join Date: Oct 2004
Location: So Cal, USA
Posts: 14,776
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 545iSMGSilver GrayAuburn Dakota LeatherLogic 7 Premium SoundSports Package
#5
Super Moderator
Join Date: Jan 2008
Location: So. Cal (SFV)
Posts: 17,508
Likes: 0
Received 3 Likes
on
3 Posts
My Ride: 2011.5 Alpine White E90 M3 | Black Novillo Leather | Carbon Fiber Leather Trim | ZCP | ZP2 | M-DCT | Navigation | Moonroof | 6FL Mods: TMS 12.5mm spacers all around l Hawk HPS Brake Pads l OEM M3 Edition Grills l Paint Matched Side Gills l Key Hole D
![Default](https://5series.net/forums/images/icons/icon1.gif)
![Laughing](https://5series.net/forums/images/smilies/imported/laughing.gif)
![Tongue](https://5series.net/forums/images/smilies/imported/tongue.gif)
my car was never in any accident....only in the same position in regards to buy out price and possibly negotiating a better one...
#6
Senior Members
Thread Starter
Join Date: Jan 2008
Location: Mount Laurel, NJ
Posts: 516
Likes: 0
Received 0 Likes
on
0 Posts
![Default](https://5series.net/forums/images/icons/icon1.gif)
Believe me when I tell you that I fought to have it totalled. The problem was the car was only 6 weeks old and the damages had to exceed 70% of the car's value. The original estimate came in at around $25K. It took 4 months to repair the car. Believe it or not, the car performs and looks as good as new.
#7
Senior Members
Thread Starter
Join Date: Jan 2008
Location: Mount Laurel, NJ
Posts: 516
Likes: 0
Received 0 Likes
on
0 Posts
#8
Super Moderator
Join Date: Jan 2008
Location: So. Cal (SFV)
Posts: 17,508
Likes: 0
Received 3 Likes
on
3 Posts
My Ride: 2011.5 Alpine White E90 M3 | Black Novillo Leather | Carbon Fiber Leather Trim | ZCP | ZP2 | M-DCT | Navigation | Moonroof | 6FL Mods: TMS 12.5mm spacers all around l Hawk HPS Brake Pads l OEM M3 Edition Grills l Paint Matched Side Gills l Key Hole D
![Default](https://5series.net/forums/images/icons/icon1.gif)
so I've read on other forum as well.....just wanted to get clarification from bmw fs directly....thanx...now I gotta call my SA...hmmm
Thread
Thread Starter
Forum
Replies
Last Post
turbogate
Private Member Classifieds
6
04-11-2015 05:02 PM
mikekilpatrick
F10, F11 Parts, Accessories and Mods
0
03-06-2015 05:40 AM