[Next Level Auto Brokers]

Originally Posted by pookiemalibu

Danimal,

First, thanks for all your contributions. Your insight is supremely helpful and accurate. Didn't use your services this time, as the lawyer in me wanted to get a feel for the lease negotiation process (and I negotiate for a living so it was probably more fun for me than most) but I can say EVERYTHING you say on here is spot on point. Literally. I was able to easily negotiate 10% off my custom 2021 F95 last month before the interest rate bump. So thanks for the knowledge drop.

Question(s): (1) how does the lease support work at dealers? when you say it will end what does that mean? BMW will stop offering incentives? (2) my wife just had our first baby girl and she currently has an 2019 4-series GC. It's got maybe 13K miles. Lease isn't up until December '21 but the damn car seat just BARELY fits which is a non-starter. Looking to upgrade. Should we wait until later in the year and pray for a good discount on a '20/'21 (or used) F93 or shoot for an F90 at lease end.

Thanks Obi-Wan.

-Pookie-

Hi Pookie! Thanks for the kind words!

BMW Financial usually decides in Jan when to drop lease support for the previous year models. It usually occurs the end of March, but we've seen that move based on outstanding inventory good or bad.

I would check buy out value vs trade in value to see if the gap is small enough to justify the switch. Most cases, there is no equity or a lot of negative equity.

Or swap the lease out. BMW makes it super easy to do.

Or ride it out until the end...Dec is a great month for incentives and discounts.