Question about lease payment timing
#1
Pole Position
Thread Starter
Question about lease payment timing
I was wondering if I could sign the lease, let's say, on Jul 30th but only start the countdown and payments from Sep 30th. So basically the dealer keeps the car for two months or so, until I'm ready to drive it. Could this work?
#2
The lease starts the day you sign it... , why won't you be ready for it for 2 months?
#3
Pole Position
Thread Starter
Well, I still have 4 payments left on my Bimmer. But if I wait out the lease on it, I won't get such good GS deals anymore. So I was thinking I could use the Bimmer and lock in the GS but not start paying it, for two more months or so.
#4
Have you checked to see if you have equity in your BMW? Go to dealer or some place like CarMax and see what they will give you for the car. If it is more than the residual value of the lease, you can sell it and put the equity on the next lease.
#5
Pole Position
Thread Starter
It's really bad, belly up, something like $28k to $22k. BMW got burned with this lease
#7
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#8
It would be considered an early buyout, so there may be some restrictions in the lease contract that define those terms. Since metrathon already knows he needs to walk away from this lease at the end, it isn't worth checking the lease terms!
#10
Pole Position
Thread Starter
The choices are:
1. Fork over the 4 payments left and drop the car in front of BMW of Vista.
2. Keep both cars, park the GS in the garage, and put miles on the Bimmer till the lease matures. Then I'll have a GS with 13.5k mi/yr
3. Forget about the '15 GS, keep the Bimmer until the lease is up, get the '16 GS with whatever deals are going to be available at that time.
1. Fork over the 4 payments left and drop the car in front of BMW of Vista.
2. Keep both cars, park the GS in the garage, and put miles on the Bimmer till the lease matures. Then I'll have a GS with 13.5k mi/yr
3. Forget about the '15 GS, keep the Bimmer until the lease is up, get the '16 GS with whatever deals are going to be available at that time.
#11
#12
The choices are:
1. Fork over the 4 payments left and drop the car in front of BMW of Vista.
2. Keep both cars, park the GS in the garage, and put miles on the Bimmer till the lease matures. Then I'll have a GS with 13.5k mi/yr
3. Forget about the '15 GS, keep the Bimmer until the lease is up, get the '16 GS with whatever deals are going to be available at that time.
1. Fork over the 4 payments left and drop the car in front of BMW of Vista.
2. Keep both cars, park the GS in the garage, and put miles on the Bimmer till the lease matures. Then I'll have a GS with 13.5k mi/yr
3. Forget about the '15 GS, keep the Bimmer until the lease is up, get the '16 GS with whatever deals are going to be available at that time.
#14
Lexus Test Driver
There will still be some leftover 15 GS even when 16s are on the lot. These cars don't sell like Corollas, I think some dealers still had 13s when the 15s hit the lot last time.
#15
Pole Position
Thread Starter
I'm already unhappy with the options the SoCal dealers have. For example I want ML on a Luxury and it's impossible to find. I also want Flaxen, and it's very hard to find, and it only comes with black or white exterior. GS variety is non-existent, almost like a model T. I can't imagine I'll find something I like in December, when my BMW lease is up.
Not sure what to do.
What if I order a '15, exactly how I want it? It will take 2 to 3 months to bring it here, which would work out perfectly. And I would still get some incentives, obviously not as much as for a car on stock. Would that make sense?
Not sure what to do.
What if I order a '15, exactly how I want it? It will take 2 to 3 months to bring it here, which would work out perfectly. And I would still get some incentives, obviously not as much as for a car on stock. Would that make sense?