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-   -   advise please??? (https://xoutpost.com/bmw-sav-forums/x5-e53-forum/3520-advise-please.html)

HBERBOUT123 07-17-2005 12:56 AM

advise please???
 
orginaly i was looking to buy X5 2005 4.4 or 4.8 while i was searching i came across un resistable deal...

2005 X5 3.0 TOLEDO BLUE prem pkg,xenon,cold NAV,MSRP 52700

Was listed on the dealer web site for 41700 to make the story short was listed with wrong price. and the dealer honor his mistake anD agreed to sell it for 41700 so im leasing it now for 480 / month zero down.

if i need to make some profit AND SAVE to buy 4.4 2005 x5?

should i buy MY CAR now and PAY the FULL PRICE 41700 AND SELL IT .
or wait till the end of the lease.

any advise will be appreciated

HBERBOUT123 07-17-2005 07:52 AM

dont get me wrong i love the car.. but its has no power i need more power

4.6is Ryder 07-17-2005 10:04 AM

I say buy it now...drive it until you find the deal you want. Even if you trade it in, you will make a profit...and that's a rare thing on a trade-in. Other options would include selling it yourself or even trying Car Max...............Phil
Also, double check the history...dealers generally don't make that much of a mistake and if they do, they tend to blame it on the printing company or the web master.

HBERBOUT123 07-17-2005 11:35 AM

i dont know if i need to check history on a car has only 16 mile on it when i got it now it has 4000 mile less than one month :) :) :dunno:

4.6is Ryder 07-17-2005 12:20 PM

Wow, then you are in good shape. I would watch the mileage...4K in one month is very high. Don't drive yourself out of a great opportunity to finally beat the stealer...spec a 4.4i and see what the stealer will offer you for the 3.0i... Of course you don't want to go to the same dealership you beat on that deal.........Phil

HBERBOUT123 07-17-2005 12:44 PM

totaly agree with you phill.... i drove the car from california to vancouver canada 3500 mile thats why the high milage i will try not to drive :mad: :bustingup

so if i buy it in the end of the lease at that time the car will be arround 30000$ and my total payment arround 18000$ so i need to pay around 11000.

so i will not be able to make profit then? im still confused even i got very good deal

4.6is Ryder 07-17-2005 01:17 PM

It's possible to get out of the lease early without any penalties. You just need to find some that will buy you out. I would use BMW financial...they will know what the X is worth and can turn around and make some money on the next buyer of the 3.0i.......Phil

DINANM3 07-17-2005 01:33 PM

Just call BMW financial and tell them you want to convert your lease to a loan. I have done that before. They just give you this amount and you finance it over the phone. No penalties. Then once it is a loan you can sell or trade it anywhere.

HBERBOUT123 07-17-2005 02:01 PM

Quote:

Originally Posted by 4.6is Ryder
It's possible to get out of the lease early without any penalties. You just need to find some that will buy you out. I would use BMW financial...they will know what the X is worth and can turn around and make some money on the next buyer of the 3.0i.......Phil

how can i make monry from the next buyer?

HBERBOUT123 07-17-2005 02:13 PM

Quote:

Originally Posted by DINANM3
Just call BMW financial and tell them you want to convert your lease to a loan. I have done that before. They just give you this amount and you finance it over the phone. No penalties. Then once it is a loan you can sell or trade it anywhere.

oh i see ,if its a loan i can sell it now or trade it in easily arround 50k for example
so its better to act now than in the end of the lease because the value will be less?? :dunno: :dunno:


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