Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 7 Series / 8 Series > 7 Series - E65 / E66 (2002 - 2008)

7 Series - E65 / E66 (2002 - 2008)
Discussion pertaining to the flagship BMW here.

Reply
 
Thread Tools Display Modes
  #1  
Old 09-07-2011, 07:12 AM
Heyjude Heyjude is offline
Registered User
Location: New jersey
 
Join Date: Sep 2011
Posts: 2
Mein Auto: 750li
10,000 miles overage on the lease

My 2008 750Li is leased with 36,000 miles for 3 years. I'm getting ready to visit the dealer to trade for another BMW. According to contract, I'll owe 25c for each mile over the 36,000; it has 46,000. Will BMW offer a discount on the overage?
Reply With Quote
Ads by Google
  #2  
Old 09-07-2011, 07:20 AM
trekwars2000 trekwars2000 is offline
Officially Welcomed to the 'Fest
Location: Henderson NV
 
Join Date: May 2010
Posts: 159
Mein Auto: '06 750Li and '08 FEH
They might offer to waive the fee if you lease another Bimmer from them. But the total cost being only $2500 isn't that bad. The car probably is actually work $2500 less than the comparable 08 with 36K miles due to the extra mileage...
__________________
My Garage:
2011-Current 2006 750Li
2008-Current 2008 Ford Escape Hybrid

Retired:
2006-2011 2006 325i
Reply With Quote
  #3  
Old 09-07-2011, 08:45 AM
II Kings 9:20's Avatar
II Kings 9:20 II Kings 9:20 is offline
Officially Welcomed to the 'Fest
Location: Buckeye Nation
 
Join Date: Sep 2011
Posts: 668
Mein Auto: 08 750Li, 11 MDX, 04 MDX
Take it to carmax, they buy cars and you may be surprised. My associate had an 08 E350 with only 18K. Payoff was $30K, carmax offered $36K. He took the offer to Germain Mercedes AND THEY MATCHED THE OFFER-When have you ever heard of walking away from a lease with any money in your pocket.

I am going to go to carmax when my 11MDX is due, even if they pay it off with no money to you there are no dealer hassels with a chip here, "excessive wear and tear" or any "disposition fees" if you turn it in to the dealer.
__________________

2008 750 Li Alpine White/Creme
The economy will get worse before it gets worse.
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 7 Series / 8 Series > 7 Series - E65 / E66 (2002 - 2008)
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



Forum Jump


All times are GMT -7. The time now is 10:16 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms