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      11-30-2016, 09:00 AM   #1
ghenadyp
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Canada
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Drives: gt5
Join Date: Jun 2015
Location: Toronto

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Lease buy out advise

Hi Everyone!

Looking for some advise on buying out a lease.

Lease details:
2013 BMW GT535XI Premium package
Current mileage ~ 35000km
End of lease: March 2017

Buy out price: $36500 CAD

If I buy it, I'll keep it for 4-5 years

So, questions:
  • is it a good idea to buy a Gran Turismo, considering they are not very popular in North America?
  • the buy out price seems to be high, I think FMV is ~31000K; what do you think?
  • what's the best strategy to negotiate the buy out?
  • should I get extended warranty?
  • there is not too much info on long term reliability I could find, can you help me here?

Thanks!
Appreciate 0