04-24-2010, 11:13 PM | #1 |
Living For The Weekend
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I want to turn in my lease and owe BMW $ 0 ?
Hello, I have a 2007 Black X5 3.0, my lease ends in Sept 10. I have a 3 yr 15,000 per yr lease with BMW. I am sure I will have around 44,000 or less miles. The only problem I have with the X5 is my tires will be in need of being replaced. If I deal with a dealer and get them to lower the residual ( 32,900 ) can I sell it for the lower residual or is that only if I buy it from BMW. My plan is to sell as is with the remaining warranty. Thanks for your time.
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07 BMW 335i
07 BMW X-5 06 BMW K1200LT |
04-25-2010, 12:40 AM | #2 |
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I am not sure what you want to achieve here but I don't think you can sell it, only transfer the lease. It will be up to you to determine the condition of the lease transfer to the new owner. The owner of the vehicle is still BMW and they allow you to use it for a monthly fee until the lease expires.
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