Lease Ending, Buy or RE-lease?

3002 tii · 02-26-2010, 08:23 AM

My lease on my Z4 coupe is coming up in 2 months and I plan on keeping the car. I see that my options are to buy it out (which I would finance) or re-lease. Aside from the obvious difference between the 2, is there a benefit of one over the other? I assume if I know I definitely want to keep it I might as well buy it out?

Are lease and financing rates significantly different? Should I consider extending the maintenance/warranty?

chickdr · 02-26-2010, 02:13 PM

Quote:

Originally Posted by Dubbedown

My lease on my Z4 coupe is coming up in 2 months and I plan on keeping the car. I see that my options are to buy it out (which I would finance) or re-lease. Aside from the obvious difference between the 2, is there a benefit of one over the other? I assume if I know I definitely want to keep it I might as well buy it out?

Are lease and financing rates significantly different? Should I consider extending the maintenance/warranty?

I would not re-lease as after that term you will still not own the car(and you will end up paying a lot more in the long run if you intend to keep it). BMW will probably have special rate financing for you if asked(some companies are doing 1.9% for short term). If not, penfed.org offers a 3.9% rate for up to 60 mths.

bluesandbmws · 02-27-2010, 11:14 AM

My 2007 M Roadster's lease was up last October. BMW financing wanted double my lease payments for extending the lease! Guess they don't want to release - despite the options they supposedly offer. I got a very good deal from the local dealership - $6K below the original buyout price. It was Fall and a Roadster, but my experience says try the dealer.

02-26-2010, 08:23 AM	#1
3002 tii Lieutenant General 2282 Rep 12,565 Posts Drives: Z4 M, X5, GX460 Join Date: Apr 2008 Location: CT iTrader: (99) Garage List F15 X5 xDrive35i [8.75] E86 Z4 M [10.00] F10 550i (Retired) [9.17] F25 X3 xDrive35i (R ... [9.43] E82 135is (Retired) [9.50] E85 Z4 M (Retired) [9.41] E90 328i xDrive (Re ... [9.25] E86 Z4 3.0si (Retired) [9.22]	Lease Ending, Buy or RE-lease? My lease on my Z4 coupe is coming up in 2 months and I plan on keeping the car. I see that my options are to buy it out (which I would finance) or re-lease. Aside from the obvious difference between the 2, is there a benefit of one over the other? I assume if I know I definitely want to keep it I might as well buy it out? Are lease and financing rates significantly different? Should I consider extending the maintenance/warranty? __________________ Follow for latest mods
	Appreciate 0 Tweet Quote

02-27-2010, 11:14 AM	#3
bluesandbmws Registered 0 Rep 3 Posts Drives: 2007 M Roadster - Imola/Red Join Date: Feb 2010 Location: Brunswick NY iTrader: (0)	My 2007 M Roadster's lease was up last October. BMW financing wanted double my lease payments for extending the lease! Guess they don't want to release - despite the options they supposedly offer. I got a very good deal from the local dealership - $6K below the original buyout price. It was Fall and a Roadster, but my experience says try the dealer.
	Appreciate 0 Quote