Ended lease early to get one of the final F80 M3s

[IM2C]

So glad I was able to get out of my lease 7 months early and order '18 f80.

Moderator: Moved from http://f80.bimmerpost.com/forums/sho....php?t=1480048

[jmg]

Originally Posted by f80

So glad I was able to get out of my lease 7 months early and order '18 f80.

Did you swap or did a dealer eat it?

[IM2C]

Originally Posted by jmg

Did you swap or did a dealer eat it?

Dealer will take it as a trade in. It's a wash.

[M-Pilot]

Originally Posted by f80

Dealer will take it as a trade in. It's a wash.

How can a dealer take your lease as a trade in? Does that mean they are buying the car back from BMW FS without waiting the lease end? And my last question is can they do this anytime during the lease or do you have to have less than x amount of months left on the lease?

[IM2C]

Originally Posted by cntzl

How can a dealer take your lease as a trade in? Does that mean they are buying the car back from BMW FS without waiting the lease end? And my last question is can they do this anytime during the lease or do you have to have less than x amount of months left on the lease?

They will buy the car from BMW FS and put it up for sale or sell it at an auction.
As long as they think car is of equal or greater value than the current payoff, they may be willing to do the trade.

[MRCUR]

Originally Posted by cntzl

How can a dealer take your lease as a trade in? Does that mean they are buying the car back from BMW FS without waiting the lease end? And my last question is can they do this anytime during the lease or do you have to have less than x amount of months left on the lease?

You can buy out at lease at any point. BMW website gives you the buyout value at any time. You can dispose of the car however you want, you'll just need to write them a check for that amount. Or the dealer will do so if you're trading it in.