View Single Post
      12-07-2012, 03:58 PM   #9
Drives: '11 X6 35i VR/Oyster
Join Date: Jul 2010
Location: Syracuse, NY

Posts: 85
iTrader: (0)

Originally Posted by gehmjc21

I didn't even think of that. My guess is they would make me eat all my upfront cash I put in? Obviously I would have to pay taxes again and I understand that.

Have you ever heard of that?
Trading in a lease is just like a regular trade-in. BMW financial should be able to give you a current pay-off quote (non-negotiable). The dealer will give you an offer for your trade-in (always negotiable) and if the dealer offer is lower than the payoff, you have to pay the difference (or are entitled to cash back if its the other way around).

Alternatively, you could sell the car privately the same way.
kgclark is offline  
Appreciate 0
Reply With Quote