Quote:
Originally Posted by hawkjr1
I am currently leasing a 2013 535 and my lease ends in 6 months. I am thinking about purchasing the vehicle. My contract says I can buy the car for $37,000 at the end of the lease. I am looking for a replacement and I am thinking about selling it to Car Max and get a 528 either a 2012 or 2013 having around the same mileage. I could save my self-close to $7,000 to 8,000. I have seen several 2012 528 in the $28000-$30,000 range with the same options I have with the car I am currently leasing. I want to change color to Alpine white also. My question is will I be disappointed in the power loss going from the six cylinder turbo to the 4 cylinders Turbo.
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To OP, if market price is around $28k to $30k, then Car Max probably will offer the same, so selling your lease to Car Max probably will not save $7k to $8k. One option is to return the lease, and seek out other units that you like at $28-30k range. The other option is to negotiate lease buyout at $30k to lock in the savings. Do note for your car of, say, MSRP $58k, the lease already costs around $6k(interest and bank fees), so really the lease buyout needs to be at a discount of $6k or more to break even with cash purchase.