01-02-2018, 07:16 AM | #1 |
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Drives: 2019 X3 m40i
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lease ending.. what to do?
The lease on my 2016 X3 will be coming to an end later this year (Nov) and I'm trying to decide if I should buy it or dump it.
I will be over on miles by about 6k but can buy those for $.16/mile if needed. I have about 35k on it now, likely will have 36k by Nov. So it will cost me about $1000 to turn it in. I did buy the 'extensive wear and tear' coverage at the time of lease signing, so my tires can be worn out and it won't matter. If it helps, the specs on the X3 are: Here Xdrive 2.8 M-Sport Trim (with sport seats) Silver w/ Black Lighting Package Tech Package Comfort Acess HK Sound PDC Heated Seats I can buy it for about $30k, tax free, and will need to spend about $1200 on tires. I still really like the car and the configuration. I want a new X3 but they don't lease well and are expensive. Thanks in advance for any input/suggestions. |
09-22-2018, 02:37 PM | #2 | |
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09-22-2018, 03:36 PM | #3 | ||
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09-23-2018, 02:52 PM | #4 | |
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I have the same $900 incentive, it seems like an odd amount, and not all that compelling. I also found out that you can extend your current lease by 2 months with no additional expenses. If you extend, then turn in early BMW prorates those 2 months! So why would I turn in before my 11/13 maturity? I'll extend and see what kind of end of month deal is offered in Nov, then again in Dec. Only being charged for the days used. Ultimately, giving me more time to make an informed decision. |
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09-23-2018, 03:17 PM | #5 | ||
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09-24-2018, 07:17 AM | #6 |
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I'm over on miles, but can buy them for $.16 per. You're correct, I need to buy those before the original maturity date, so that does suck a little bit.
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2016 f25, f25, lease end |
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