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      01-17-2022, 10:11 AM   #19
strohw
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Drives: 19 Versys 1000, 20 KTM 690 SMC
Join Date: Mar 2020
Location: Michigan

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Quote:
Originally Posted by Bestle View Post
Isn't leasing basically just renting the car? I'm a little confused why someone would take BMWFS to court over this?
Because you're free to purchase the vehicle at any point during the lease. As mentioned above, some people are confused by this as they don't realize that only you or a first party dealer can make that purchase under most manufacturer's lease agreements . Normally, this wouldn't matter but as leases come up that were written prior to the current market the residuals are drastically higher than they should be.

So you have an individual like in the article that wants to trade in a lease but not purchase it themselves. Maybe they don't have the money for the full purchase or they don't want to get hit with the remaining tax. Now they're mad that they're getting short changed and it's not benefiting them.
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