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  #1  
Old 07-13-2010, 02:03 PM
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Is the safety lease program worth it?

What do you think?
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Old 07-13-2010, 06:41 PM
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No.
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Old 07-13-2010, 07:37 PM
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simply put! thank you. anyone have an argument?
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Old 07-13-2010, 08:30 PM
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Well, is it worth WHAT?

For $1 you are a fool not to buy it.

My point is the answer depends on the price, how you care for cars and where you live/how you drive...

So without some minimal background, what kind of answer are you looking to get??
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Old 07-13-2010, 10:29 PM
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For sure. It will translate to about $648 throughout the 36 month term.

I figured those who know more than me about the safe lease program, would automatically have an idea of cost/function.

The finance manager mentioned that I was getting a 15% discount on the program in order for them to help me stay within my budget.

The reason I'm thinking it may not be worth it is because I'm pretty meticulous with my cars, plus I have a secondary set of wheels/tires which will be used 4-5 months out of the year, minimizing the wear on the stock run flats.
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Old 07-13-2010, 11:36 PM
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What is the safety lease program? I've never heard of it.
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Old 07-14-2010, 12:39 AM
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Quote:
Originally Posted by Thunder22 View Post
What is the safety lease program? I've never heard of it.
An insurance program on vehicle condition at end of lease.
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Old 07-14-2010, 01:02 AM
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Originally Posted by Thunder22 View Post
What is the safety lease program? I've never heard of it.
He means Safe Lease Program.


FYI- I just read it and your wheels can be curbed and scratched- but as long as "no cracks" and "no structural dents" and you are OK....
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Old 07-14-2010, 06:21 PM
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He means Safe Lease Program.


FYI- I just read it and your wheels can be curbed and scratched- but as long as "no cracks" and "no structural dents" and you are OK....
That's what I was told that I can turn in my 550i with curb rash on 2 wheels and not be penalized. I do think they overlooked my custom exhaust and plan to put the stock muffler and tail pipes back on.
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Old 07-14-2010, 12:59 AM
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There is no fixed "cost"...it is whatever the finance manager says is "msrp" BMW has no published price (there may be suggested pricing floating around but nothing concrete, AFAIK)...and 762 doesn't sound like a list price (15% off 762 is 648)

Which is interesting...might be the first time a dealer has made up a number, or claimed someone is getting a discount, in order to sell a car... hmmm....

How much did you spend on door dings over the last 3 years? Boston can be a tough environment when parking.... depending on where exactly you live/park

Any chance you'll buy the car at the end? The money is wasted.

Finally, regarding tires.... I almost view this like the 'pre-purchase gas option' when you rent cars- you buy the whole tank in advance, but return the car with 3/8 of a tank and you just paid 60% more for the gas...in 36 months you will likely need tires- but when? If you go 2 years and need tires you are returning the car with 50%. If you manage to get 36 months, perfect.

One other option is to keep the old, worn OE tires and put them back on when you return the car- keeping the partially used tires you have- sell em, use em (and you can go to a non-run flat or other tire at your 'mid lease tire purchase' knowing you can throw those old baldys back on...)


Check out the lease return guidelines: Wear and Use Guidlines: Exterior



Food for thought, no one answer

A
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