07 335i Buyback

[Mystic195]

We leased our 335i about 2 1/2 years ago and have had nothing but trouble with the car. After having the car in the shop over two months this year BMW has finally agreed to do a buyout of the car. Our lease is up in November and not sure if its really that great of a deal.

They are offering 15% of the original MSRP. They are valuing the trade at $25,000 but less than six months ago said it was worth $29,500. Basically their offer just gets rid of the car. Then the dealership says we can buy any car for invoice. Basically it works out to $5000 off of the sticker for a new M3. We can even order a car for invoice.

Has anyone else been through this or have any suggestions on how to deal on this?

[Jhunter]

Not sure what you mean by the 15% off MSRP and trade in value. Given the circumstances I would not allow them to claim you are upside down if that is what they are trying to do. I think they should take the car back in satisfaction of your lease obligation.

You should check your lease agreement carefully as I think you would be due some money back from them.

If you made a security deposit you should get this back.

If you paid any capitalized cost reduction (and the sales tax on it) you should get part of this back. This should be amortized over the term of the lease. If it is a 36 month lease and you have 6 months left, you should get back 6/36 of the amount.

You likely had an acquisition fee, you should get back 6/36 of this. Any other fees listed.

Buying a new car at invoice seems reasonable as compensation for your trouble, although in today's market this is probably not saving you that much.