Quote:
Originally Posted by wasya152
Yes. this is correct. turn it in and get no value, or buy it out and then have to sell it privately. but i'm not getting any equity from the dealer even though the buy out is $62k and these seem to go for around $72-75k right now.
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If BMW lets third parties buy out the lease you would likely be able to extract some gain from your current car. Since BMWFS won't let third parties buy out the leases anymore you're screwed all in the name as a way for BMW stores to get the inventory they would have lost to the third party.
By the time you pay tax, title, etc on top of the car you would probably have to sell it yourself to make any money once you have the title which in some states takes way too long. Maybe you make a few thousand.