Can US leases be taken abroad?

FRZ484 · 08-27-2022, 08:29 AM

Hi everyone, I want to know if bmw financial leases can be taken outside the country (reside in USA). I’m thinking about potentially heading to UAE and would like to take both of my cars (540 & m340 with 2+ years on lease left) instead of just swapping the lease or selling the cars and then trying to get similar vehicles over there as I’m not privy to their deals. Has anyone done this? Of course I’m sure I can reach out to bmw financial but would like to know if anyone has done this and their experience was. Thanks!

FRZ484 · 08-27-2022, 09:28 AM

Quote:

Originally Posted by Onesie

It sounds like you want to steal the cars with the details you provided.

How so? I’d still be paying by my lease. I’d be going for a work project.

BIGW0RM · 08-27-2022, 09:34 AM

Quote:

Originally Posted by Onesie

It sounds like you want to steal the cars with the details you provided.

I spit coffee on myself!

BMWCCA1 · 08-27-2022, 06:44 PM

The answer is "no", but why not just call BMW FS?

DanG · 08-27-2022, 07:07 PM

I think you have to buy the leases out.

Napoli09M3 · 08-27-2022, 07:13 PM

Just call, best bet

Piper1 · 08-27-2022, 08:04 PM

On a lease or even financing you’d have to comply with insurance regulations for contract coverage through the financial institution you’re making payments to. If your insurance won’t cover UAE it right away that’s a no. Since it’s temp work doubt you’d be able to get insurance coverage for it. For example I can’t put my Z4 under storage insurance during winter while financed through the CU states right in contract must maintain full coverage. Best to read your contract paperwork including the fine print.

MJBO · 08-28-2022, 02:10 AM

Quote:

Originally Posted by Onesie

It sounds like you want to steal the cars with the details you provided.

Seems like a ridiculous amount of effort for two common cars for presumably a limited time, assuming it’s not for reasons like you suggested

FRZ484 · 08-28-2022, 10:46 PM

Thanks for the advice. Will be reaching out to bmwfs. I just got both vehicles to the exact spec I wanted I don’t want to wait to order anything new. I’m leaning towards buying out the leases.

Bc2005 · 08-29-2022, 06:45 AM

If you get a loan to buy out the leases, also make sure the finance company or bank will let you take the cars out of the country. Military service members used to have this issue when reassigned overseas because the fine print in many standard finance contracts did not allow you to take the vehicle out of the US.

tturedraider · 08-30-2022, 10:15 PM

Quote:

Originally Posted by BMWCCA1

The answer is "no"

Virtually 100% certain this is correct.

F32Fleet · 08-31-2022, 09:36 AM

No.

The0pportunist · 08-31-2022, 10:00 AM

I assume the car would need different fluids to withstand UAE climate?

Ximian · 08-31-2022, 10:08 AM

Quote:

Originally Posted by The0pportunist

I assume the car would need different fluids to withstand UAE climate?

Texas and UAE temperatures are comparable and they don't use special fluids for cars shipped to Texas. I'd take UAE temperatures over the summer-time heat and humidity in a place like Houston, Texas any day.

08-27-2022, 08:29 AM	#1
FRZ484 New Member 9 Rep 17 Posts Drives: BMW 540i & BMW M340i Join Date: Sep 2020 Location: Texas iTrader: (0)	Can US leases be taken abroad? Hi everyone, I want to know if bmw financial leases can be taken outside the country (reside in USA). I’m thinking about potentially heading to UAE and would like to take both of my cars (540 & m340 with 2+ years on lease left) instead of just swapping the lease or selling the cars and then trying to get similar vehicles over there as I’m not privy to their deals. Has anyone done this? Of course I’m sure I can reach out to bmw financial but would like to know if anyone has done this and their experience was. Thanks!
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08-27-2022, 06:44 PM	#4
BMWCCA1 BMW Owner Since 1971 2449 Rep 1,490 Posts Drives: 1964 700 Sport Cabriolet Join Date: Apr 2014 Location: Central Virginia iTrader: (2) Garage List 2013 BMW 128i [10.00]	The answer is "no", but why not just call BMW FS?
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08-27-2022, 07:07 PM	#5
DanG Major General 11337 Rep 7,090 Posts Drives: 2018 M2 AW DCT Join Date: Aug 2012 Location: Seattle, WA iTrader: (1) Garage List 2018 BMW M2 [7.95]	I think you have to buy the leases out. __________________ BMWCCA member Puget Sound Chapter
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08-27-2022, 07:13 PM	#6
Napoli09M3 New Member 4 Rep 9 Posts Drives: 09 bmw m3 Join Date: Mar 2022 Location: cary nc iTrader: (0) Garage List 2009 BMW M3 [0.00]	Just call, best bet
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08-27-2022, 08:04 PM	#7
Piper1 Lieutenant 591 Rep 597 Posts Drives: E85 Join Date: Mar 2018 Location: Here and there iTrader: (2)	On a lease or even financing you’d have to comply with insurance regulations for contract coverage through the financial institution you’re making payments to. If your insurance won’t cover UAE it right away that’s a no. Since it’s temp work doubt you’d be able to get insurance coverage for it. For example I can’t put my Z4 under storage insurance during winter while financed through the CU states right in contract must maintain full coverage. Best to read your contract paperwork including the fine print.
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08-28-2022, 10:46 PM	#9
FRZ484 New Member 9 Rep 17 Posts Drives: BMW 540i & BMW M340i Join Date: Sep 2020 Location: Texas iTrader: (0)	Thanks for the advice. Will be reaching out to bmwfs. I just got both vehicles to the exact spec I wanted I don’t want to wait to order anything new. I’m leaning towards buying out the leases.
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08-29-2022, 06:45 AM	#10
Bc2005 Lieutenant 359 Rep 426 Posts Drives: 2021 M340i Join Date: Jun 2021 Location: Virginia iTrader: (0)	If you get a loan to buy out the leases, also make sure the finance company or bank will let you take the cars out of the country. Military service members used to have this issue when reassigned overseas because the fine print in many standard finance contracts did not allow you to take the vehicle out of the US.
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08-31-2022, 09:36 AM	#12
F32Fleet Lieutenant General 3787 Rep 10,545 Posts Drives: 2015 435i Join Date: May 2005 Location: Southeastern US iTrader: (0)	No. __________________ "Drive more, worry less. " 435i, MPPK, MPE, M-Sport Line
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08-31-2022, 10:00 AM	#13
The0pportunist Major 480 Rep 1,270 Posts Drives: F30 335i Join Date: Sep 2012 Location: London iTrader: (0)	I assume the car would need different fluids to withstand UAE climate?
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