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#1
02-05-2007, 07:26 PM
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quick question on buying out my 04 x5 lease
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#2
02-05-2007, 07:29 PM
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Go to KBB.com and get a value on the car, that is near how much it will be worth to buy it out if you let the dealer take it back and then attempt to buy it off the dealer. If you buy it from the dealer prior to giving it back then you would have to look at what MSRP was new, what you've paid over the life of the lease, and guesstimate. I don't believe you can 'release' a ride without turning it fully over to the dealer. As for "should you buy it", well that is up to you. Is it worth the money to you and how many miles are on it.
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#3
02-05-2007, 07:34 PM
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1)The lease has a residual amount that included with lease documents or call BMW to find out.
2) Compare market value vs residual amount 3) You might be better off leasing a new car but they are not offering lease deals on the New X5, take a look a 3 series.
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