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I was not planning on getting it CPO'ed and buying the car out and then selling it. I did not realize that BMW does not allow a lease transfer if there are less than 6 months remaining.
Need to keep in mind that if I get it CPO'ed then it will cost around 4K. That will bring the car's price to 40K. Then there will be HST on 40K & that will being the price yo 45.2K. Then I sell the car for 45.2K and there will be about 5.8K tax on it and now we are up to 51K. The dealership will put it on sale for 55K but will probably sell for less.
I think it would only help if you were able to do a lease transfer. I will be in touch with BMW London to ask if they would do a lease transfer since I do plan on getting a 2-seater roadster in 2 years as a summer car...... If the dealership is nice to me them I may get a Z4 (hopefully M) instead of getting a MB or Porsche. I have had 3 M cars since 2006. I will post back with their response......
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