Hello Fellow Bimmers -
I need some advice. My lease is almost over (mid of Feb 2024) and I'm contemplating buying my 330i after my lease ends in few days since current lease rates/incentives are not that great. I have never done this before hence need the help
Info about my current lease
- 2021 330i xDrive. MSRP: $53,270, term 36/10k
- Paid 4k down, my monthly payment $578
- Purchase option at End of Lease Term: ~31,300 (from my lease contract)
Current info on my car
- Low Miles: ~11,300 - Excellent condition
- No accidents, damages, scratches. Perfect condition
I visited BMW dealer and below are the charges they mentioned to me
- Selling Price: $31,293.21
- Full Car Inspection: $350
- Doc Fee: $200
- Tax (Estimated): $3,301.43
- Reg Fees: $869.00
- Total Unpaid Balance: $36,013.64
Questions -
- Other than ~$31,300 + Tax, does BMW dealer usually charge us when doing a lease buy-out? Which of these are some "junk fees" I should look out for?
- Should I be going through BMWFS or the dealership?
- Anything else I should be aware of if buying my car at lease end
- Also, is buying the car at lease end a good idea? (Sorry, new to this)
Any advice or information would be greatly appreciated.
Thanks in advance