Lease end questions

Mitaka · 09-16-2017, 08:32 AM

Within a couple of months I need to make a decision whether to buy my 650i GC. Any tips about buying a vehicle at the end of a lease? The residual is something like 44k. Also the vehicle had two fender benders both times while parked. Not sure if that's something that can be used when negotiating the final price. The vehicle has been trouble free and seems like the most economical way to stay with it at this point. IDK. Any advice highly appreciated...

M6-Coupe · 09-16-2017, 10:43 PM

Return her let them CPO her and then buy her

Flying Ace · 09-21-2017, 12:24 PM

did the fender bender come up on carfax? If so, it's certainly a point to negotiate, especially since you know exactly what happened and the extent of the damage. It'll be harder for dealer to rep it to the next buyer.

IMO, I doubt dealership will hold on to this car and CPO it due to the accident history.

My caution is, does anyone actually trust owning a BMW V8 out of warranty? (Ironic since I own one myself out of warranty, but M cars are another story altogether). Given the history of N63 and other past V8s, I wouldn't feel too great about owning one in years 6-10.

sk0525 · 09-21-2017, 04:44 PM

I'm curious about this too. Has anyone ever negotiated a sale with BMWFS below the residual? There's no guarantee the dealer won't flip the car to the auction as soon as it gets it...

Flying Ace · 09-21-2017, 05:35 PM

I think for car sales in general, everything is negotiable.

09-16-2017, 08:32 AM	#1
Mitaka Private 6 Rep 73 Posts Drives: 2017 650i GC xDrive M Package Join Date: Apr 2015 Location: Northern New Jersey iTrader: (0)	Lease end questions Within a couple of months I need to make a decision whether to buy my 650i GC. Any tips about buying a vehicle at the end of a lease? The residual is something like 44k. Also the vehicle had two fender benders both times while parked. Not sure if that's something that can be used when negotiating the final price. The vehicle has been trouble free and seems like the most economical way to stay with it at this point. IDK. Any advice highly appreciated... __________________ 2017 650i GC xDrive Black Sapphire Metallic, Cognac Leather Interior, M Sport Edition/ Package, 20' Wheels, Driver Assistance Plus, Harman Kardon, Apple Carplay
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09-16-2017, 10:43 PM	#2
M6-Coupe Major General 1125 Rep 6,067 Posts Drives: F92 M8 Join Date: Feb 2014 Location: Bay area iTrader: (0)	Return her let them CPO her and then buy her __________________ Current : 2020 F92 Black Sapphire M8 - ZF8 Gone : 2018 F80 Mineral Gray M3 - 6MT Gone : 2016 F82 Austin Yellow M4 - 6MT Gone : 2013 F13 Sakhir Orange M6 -7DCT Gone: 2013 F13 Alpine White 650i -ZF8
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09-21-2017, 12:24 PM	#3
Flying Ace Lieutenant General 4985 Rep 11,891 Posts Drives: G05 45e, 997.1 & 991.1 GT3s Join Date: Jul 2014 Location: SF, CA iTrader: (5)	did the fender bender come up on carfax? If so, it's certainly a point to negotiate, especially since you know exactly what happened and the extent of the damage. It'll be harder for dealer to rep it to the next buyer. IMO, I doubt dealership will hold on to this car and CPO it due to the accident history. My caution is, does anyone actually trust owning a BMW V8 out of warranty? (Ironic since I own one myself out of warranty, but M cars are another story altogether). Given the history of N63 and other past V8s, I wouldn't feel too great about owning one in years 6-10. __________________ 22 Phytonic/Coffee X5 45e (CoVID-free) 08 Speed Yellow 911 GT3 Sharkwerks 12 AW/Cinnamon X5d Sports Pkg (retired) 14 AW/Beige M6GC ZCP, MPE, V2 steering wheel, vorsteiner (retired) 08 SSII/Black E90 M3 (retired)
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09-21-2017, 04:44 PM	#4
sk0525 Private First Class 13 Rep 153 Posts Drives: '18 F85 Join Date: Jan 2013 Location: Los Angeles iTrader: (0)	I'm curious about this too. Has anyone ever negotiated a sale with BMWFS below the residual? There's no guarantee the dealer won't flip the car to the auction as soon as it gets it... __________________ '18 X5M \| '17 650i Gran Coupe \| '07 Tundra CrewMax 4x4 \| '06 Lancer Evolution IX MR
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09-21-2017, 05:35 PM	#5
Flying Ace Lieutenant General 4985 Rep 11,891 Posts Drives: G05 45e, 997.1 & 991.1 GT3s Join Date: Jul 2014 Location: SF, CA iTrader: (5)	I think for car sales in general, everything is negotiable. __________________ 22 Phytonic/Coffee X5 45e (CoVID-free) 08 Speed Yellow 911 GT3 Sharkwerks 12 AW/Cinnamon X5d Sports Pkg (retired) 14 AW/Beige M6GC ZCP, MPE, V2 steering wheel, vorsteiner (retired) 08 SSII/Black E90 M3 (retired)
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