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23 Posts
Hi all,
I'm curious as to what happens to a leased vehicle at the end of the lease, on the dealer side of things. My understanding is the dealer that receives the vehicle has the option to either buy it from the financing company (BMWFS) at a price lower than the residual amount, or send the car off for auctioning if they don't intend to sell it themselves.
Is that accurate, or am I way off in my understanding? Thanks in advance for any info you can provide.
I'm curious as to what happens to a leased vehicle at the end of the lease, on the dealer side of things. My understanding is the dealer that receives the vehicle has the option to either buy it from the financing company (BMWFS) at a price lower than the residual amount, or send the car off for auctioning if they don't intend to sell it themselves.
Is that accurate, or am I way off in my understanding? Thanks in advance for any info you can provide.