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08-27-2014, 03:59 PM | #1 |
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2012 M-sport 128i (E82): Market value vs lease buy back price
I'm asking this without doing any homework. Just want to see if anyone know this off their heads. How's the resale value on this car now, comparing to its lease buy back price? Is it a good deal? My car is nearing the end of lease. Should I buy it and sell/trade in? Or should I just do a lease return? What do you think?
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08-27-2014, 04:03 PM | #2 |
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How many miles on it?
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08-27-2014, 04:51 PM | #4 |
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Are you over or under your mileage allotment?
Buying the car off lease normally isn't the best deal since the residual is probably still pretty good and the km aren't too high. 3 year lease? Take a look at any number of online sites like KBB and see what they're saying and compare to what your buyout is. Remember whatever you put down as a due at signing basically is pissed away so you have to figure that in as your cost of ownership. I leased two cars and bought one off lease since the bank took my counteroffer to buy it. I really didn't come out ahead but I liked the car and it was trouble-free. Had it to 112K miles and only did required maintenance. Can't say that about BMW reliability so far.
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08-28-2014, 08:50 AM | #5 |
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I too am considering buying out my lease on my 2012 135, but I will be over mileage by about 6k and I got rear-ended which caused minor frame damage. The damage was repaired fine, but if I buy it out, I am always going to have to deal with that scarlet letter on a Carfax report when I try to resell it.
I'm thinking BMW has to give me a really good deal on it for that reason or I won't. If they try to stick hard to the original buyout price, I'm gonna have to say goodbye to my baby (probably go to a 235 then). |
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08-28-2014, 09:49 AM | #6 |
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I was kind of (naiively) hoping that since they don't technically make the 1 series any more (starting next year?), the resale value would go up. But I guess maybe not.
My end of lease is in about half year. I'm currenly about 5000 miles under. I have about 42000miles on it now, and it's a 4 year lease. I have some dents on the side of the car that should be easily fixable and I have a cracked windshield. I wasn't going to fix them if I return the car because I bought that hassel-free lease return insurance thing from BMW.
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08-28-2014, 03:00 PM | #7 |
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Drives: Alpine White 128i Cabrio
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Does your car have a sun roof and is it manual?
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08-28-2014, 03:12 PM | #8 |
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Im going through same decision! I have 3 months. Mine is 15,000 under lease miles. Been meticulously maintained. Over $5000 in tasteful cosmetic mods. And YES its the VERY RARE and sought after 128i manual 6 speed no sunroof!!
http://www.1addicts.com/forums/showthread.php?t=1029085
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08-28-2014, 03:17 PM | #9 |
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No sunroof, manual.
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08-28-2014, 03:20 PM | #10 | |
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Quote:
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08-28-2014, 03:22 PM | #11 |
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What's your buy back price? Just curious. Looking for a no sunroof 6 speed.
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08-28-2014, 04:30 PM | #12 | |
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BTW is anybody that has Geico buys this car its covered 100,000 miles 7 years bumper to bumper. That won't stay in effect if I turn back into dealer.
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08-28-2014, 05:05 PM | #13 |
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Oh man. I wish I could make 23000 in 6 months to buy it off of you.... I am THAT enthusiast that knows it's rare. LoL
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08-28-2014, 06:18 PM | #14 |
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08-28-2014, 06:43 PM | #15 |
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Haha. No way Man! PS. There are a lot of euroboxes for sale on e90post. I've at least seen three.
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08-28-2014, 07:11 PM | #16 | |
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I'm still trying to save up the 80 bucks for the PIAA Precious White 4800K bulbs. |
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