[FNV]

Just curious, how many people bought out their lease and what kind of deals were you able to get.... if any.

I called my sales person up and he stated that the end of lease buyout is not negotiable and standard financing applies minus 1/2 % for existing customer!

Anyone in Canada get better deal??

[Soni]

Originally Posted by TB

Just curious, how many people bought out their lease and what kind of deals were you able to get.... if any.

I called my sales person up and he stated that the end of lease buyout is not negotiable and standard financing applies minus 1/2 % for existing customer!

Anyone in Canada get better deal??

I also heard that too...end of the lease buyout is not negotiable....thats why I most likely will not buyout my end of the lease.

[FNV]

When the sales guy told me this I founded funny in a way...they should be eager to sell me the car...especially with the economy going down hill.

[CurlyFatAngry]

Originally Posted by TB

When the sales guy told me this I founded funny in a way...they should be eager to sell me the car...especially with the economy going down hill.

... Or rather get you in a brand new one with a good deal on it, and leave your now "pre-owned" car for someone else. They know that once you drive one you can't go back.

[paullo]

If you leased an E90/91 in the first two years of availability, the residual (buyout price after 2-3 years leasing) was way out of whack with what the black book value of the cars were. Slowing economy, rise in Canadian dollar, over-supply, etc. all contributed to lower than stated residuals. BMW has tried to adjust for this by offering cash-back, lower interest rates, etc.

I had an 06 330 with a buyout that was about $7,000 more than what the car was worth. It made no sense to over-pay for the car; so ended up buying an 08 335 for less than what I paid for my 330 3 years earlier and with 0.5% purchase financing instead of the 6.9% when the E90 first came out. Right now is about the best you'll ever get on buying a new 08 BMW. I've heard of guys getting $20,000 off M3's, and $8,000 off 335's.

Good luck!

[montreal red]

i believe the end of lease buy out IS negotiable... i know someone who returned his leased car just like the contract stated and then called back a few days later to ask to buy it back... they worked out a deal and it was BELOW the high residuals that bmw had initially quoted on the lease agreement... so its definitely negotiable... just return the car first and see if they want to sell it back to you.

[FNV]

$20,000 off new M3's..hmmm, sounds like a good deal...all I have to do is convince the wife

All kidding aside I babied my 330I and I would like to keep it, however with a new buyout...so I gues we'll see what happens in the coming months.

Thanks for all the replies....good info.