Latest Industry News
October 20, 2022
Posted by Chloe Taylor

BMW Car Lease Buyout Using Financing Or Cash Can Save You Thousands

BMW’s long lineup of sporty rides brings the luxury, agility, energy, and character every shopper wants to see in a high-end performance car. So, it’s perfectly fine if you are so into your BMW car lease and can’t think of anything other than retaining it.

To enable you purchase your leased car, VIP Auto Lease can switch your BMW car lease to financing during or at the end of your lease term. You can also opt for a straight payoff with cash if that’s convenient for you. Either way, the BMW becomes yours, and you can choose to hold onto it or resell it at its current market value. Here’s all you should know about paying to keep your BMW lease.

Lease Buyout And Car Financing, How It Works

Your BMW’s buyout price is the price you pay to buy the car when the lease expires. However, you’ll need to pay the vehicle’s payoff price if you’re looking to purchase the car before the lease expires. Your leased car’s payoff price includes its buyout price plus some of your remaining monthly payments.

In the event of a lease buyout, you can either pay cash or convert your lease to finance using low-interest loans from our reliable auto financing companies.

Advantages Of A Lease Buyout

Here are some of the reasons why you should consider a lease buyout.

  • It’s A Car You Trust

Buying a used car is a bit of a risk, especially when you don’t have in-depth knowledge of the car’s history. But unlike other used car buyers, you are purchasing a car you know everything about, and there’s no need to worry about the car’s previous adventures, hidden problems, and anything in between.

  • There’s No Better Deal

A lease buyout is always a great deal because the price you pay for your leased car was predetermined from the outset, and with the skyrocketing costs of used cars, there’s no doubt that the same car is worth more today. So, you’ll be saving thousands of dollars buying your leased car, and you are guaranteed to make profits if you resell at the current market price.

  • Steer Clear Of Potential Fines

All lease contracts include charges for additional mileage, wear and tear, etc. So if you’ve damaged your leased vehicle or have driven an exorbitant number of miles than your lease agreement permits, buying the car will help you escape these extra charges. Depending on the situation, this is better than paying the charges and buying a random used car.

Ready to buy out your BMW lease? VIP Auto Lease assures you of fast and seamless transactions as well as unbeatable prices. Contact us now at VIP Auto Lease, 1204 Hylan Blvd, Staten Island, NY 10305. 718-477-7888

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VIP Auto Lease is a full service car leasing company that puts the power of buying a new car in the customer’s hands. Since opening our doors in 2007, we’ve made sure that our promise stays true: no pushy salespeople, no haggling, and a guarantee that to our dear customers that we will provide the lowest possible price with industry class service. We offer nationwide delivery and 100% virtual or in-person ordering (your choice). We are frequented by residents of the greater Tri-State (NY, NJ & CT) area as well as Nassau & Suffolk county Long Island. We service all of New York City including Brooklyn, Queens, Bronx, Manhattan & Staten Island, NY. So Wherever and whoever you are, feel free to take advantage of our guaranteed best prices on ANY make & model now.

Review From Ashley Smith: This was my first experience using a leasing company. In the past, I leased my cars directly through the dealership and always felt that I didn’t receive a fair price. I had such a pleasant experience with VIP Auto Lease from the first time I called to when my car was delivered. Michael Jeffries was a pleasure to work with. He was very responsive and able to get me a great deal. He made the leasing process smooth and easy. I was so impressed there were no hidden fees and that the car was delivered right to my house! I will definitely use VIP Auto Lease again in the future! Thank you again!

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1204 Hylan Blvd,
Staten Island, NY 10305
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