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BMW 3-Series (E90 E92) Forum
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2011 335is lease ending - options
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05-27-2013, 09:50 PM | #1 |
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2011 335is lease ending - options
Hope im posting on the correct aub forum.
Need advice as my vehicle lease is coming to an end in November. My buy-back is $30,500 and from my understandings that's way below market price (vehicles only has 39k km) I just contacted my dealership and asked if I wanted to purchase it outright today what it would cost me and they quoted me $36k (I'm assuming because of my remaining lease payments) and an additional $850 (admin fees and safety). I have decided I don't want to keep the car as my lifestyle has changed (kid - I need a 4 dr) , and my questions is can I find a buyer to buy out my vehicle and I get a finders fee. For example sell the car for $42k, buyer pays me 6k and the buys my lease buy back from the dealer. Thanks |
05-27-2013, 10:46 PM | #3 |
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05-27-2013, 11:43 PM | #4 |
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Do they have Carmax in Canada? I sold my 2011 335is to Carmax about 7 months before my lease expired and was paid $39K USD. More than the remaining balance on my lease, including my $6K in multiple security deposits. Mine only had 13K miles though.
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05-28-2013, 07:59 AM | #5 | |
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Did they buy it of you or BMW ? I'm assuming of BMW as you you didn't own the vehicle. Also did they cut you two cheques. One for BMW and one for you. |
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05-29-2013, 01:56 AM | #6 |
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They got the payoff direct from BMW and issued payment to BMW and issued a separate check to me for the $6K I put down in MSDs plus the additional amount above the payoff.
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