Lease Upgrades

BIGNTASTIE · 09-25-2008, 12:15 PM

Just Curious, if it is actually possible to upgrade your lease? for example to Upgrade it to an m5/m6 before lease term is over?? How would the whole thing work?? thanks ! ( No im not doing it to my m3 anytime soon, just curious incase i get bored of my m3 =P which shouldn't be anytime soon).

///M PWR 00 · 09-25-2008, 01:03 PM

Your gonna take a hit no matter what, even if you upgrade from a 325 to a M6. You will have to pay off the remainder of your lease bottom line

BIGNTASTIE · 09-25-2008, 05:36 PM

for the full lease??? or is there jsut a penatly

Ali.K_BMW · 09-25-2008, 06:12 PM

No. You cannot upgrade. Your remaining payments will have to be paid. Whether it be rolling it in or paying it in full.

I wouldnt recommend it.

If you have several months left, something can be worked out.

E90RWC · 09-25-2008, 11:40 PM

You really shouldn't be leasing a car if you have to ask this question.

You don't have to pay your remaining payments on the lease.

Your payoff on a lease will ALWAYS be higher than the actual value of the car. You will have to pay the difference between those two numbers which is usually from $3k and up. This is usually called a "negative".

Race_Doc11 · 10-01-2008, 04:04 PM

No you can't upgrade it is a seperate deal...I tried with my 335 Xi Cp ...

Quote:

Originally Posted by BIGNTASTIE

Just Curious, if it is actually possible to upgrade your lease? for example to Upgrade it to an m5/m6 before lease term is over?? How would the whole thing work?? thanks ! ( No im not doing it to my m3 anytime soon, just curious incase i get bored of my m3 =P which shouldn't be anytime soon).

09-25-2008, 12:15 PM	#1
BIGNTASTIE Lieutenant 35 Rep 589 Posts Drives: white/red 08 M3, 05 Rangerover Join Date: Jul 2008 Location: queens, NY iTrader: (0)	Lease Upgrades Just Curious, if it is actually possible to upgrade your lease? for example to Upgrade it to an m5/m6 before lease term is over?? How would the whole thing work?? thanks ! ( No im not doing it to my m3 anytime soon, just curious incase i get bored of my m3 =P which shouldn't be anytime soon).
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09-25-2008, 01:03 PM	#2
///M PWR 00 Captain 91 Rep 938 Posts Drives: Porsche Join Date: Mar 2008 Location: Yonkers, NY iTrader: (0)	Your gonna take a hit no matter what, even if you upgrade from a 325 to a M6. You will have to pay off the remainder of your lease bottom line __________________
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09-25-2008, 05:36 PM	#3
BIGNTASTIE Lieutenant 35 Rep 589 Posts Drives: white/red 08 M3, 05 Rangerover Join Date: Jul 2008 Location: queens, NY iTrader: (0)	for the full lease??? or is there jsut a penatly
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09-25-2008, 06:12 PM	#4
Ali.K_BMW Colonel 111 Rep 2,164 Posts Drives: 2020 BMW 330i xDrive Join Date: Aug 2008 Location: United States iTrader: (7) Garage List 2013 BMW 335i [0.00]	No. You cannot upgrade. Your remaining payments will have to be paid. Whether it be rolling it in or paying it in full. I wouldnt recommend it. If you have several months left, something can be worked out.
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09-25-2008, 11:40 PM	#5
E90RWC What you know about the twins? 20 Rep 989 Posts Drives: bmw Join Date: Oct 2005 Location: CA iTrader: (1)	You really shouldn't be leasing a car if you have to ask this question. You don't have to pay your remaining payments on the lease. Your payoff on a lease will ALWAYS be higher than the actual value of the car. You will have to pay the difference between those two numbers which is usually from $3k and up. This is usually called a "negative".
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