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Old 02-09-2013, 05:11 PM
mryakanisachoad's Avatar
mryakanisachoad mryakanisachoad is offline
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Location: brooklyn,ny
 
Join Date: Aug 2008
Posts: 570
Mein Auto: 550xi / 135i / M5
Quote:
Originally Posted by BickUW89 View Post
My experience with two previous leases on BMWs is that the residual isn't necessarily the price you'll pay to own the car if you choose to buy it at the end of the lease. As a result, you can save some serious $$ by leasing then buying.

Specific example: I did a 3 year lease on my 2008 550i, with a negotiated residual value of $43,500. When my lease was up, my dealer sold the car to me for $36,000 - a stomping $7,500 savings.
Yes. I've done the same.

BMW used to be very strict about not allowing leasees to directly negotiate lower purchase prices on returning leases but I found out a few ago that this policy had quietly changed. I purchased my own lease return for 20% under residual.
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