Quote:
Originally Posted by paradocs98
Anyone have advice on extending a BMWFS lease? The lease on my 2011 M3 will come due this January. Not much out there is tempting me to switch cars. Options are to buy the car at end of lease, or possibly extend the lease by another year.
Has anyone done this, extending their lease? Do payments remain the same? Ideally, since the monthly payments for the initial lease term were based on that amount of depreciation over 36 months, BMWFS would recalculate a smaller monthly payment based on the minimal depreciation encountered from 36 months to 48 months. Is this the case, or would that just be too perfect?
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I didn't think BMWFS extends leases out to 12 mos. Hell I would have done that. They only gave me the option to extend the lease upto 90 days if I had a order in on another vehicle.
Ended up selling my 2011 M3 for a 2013 E92 M3 that is the exact same car.
Dave