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iranjha · 02-03-2021, 04:07 PM

Looking to takeover a lease through BMWFS and this would be my first time leasing a car as I usually finance and just had some questions to make sure I am approaching the takeover deal properly and doing my due diligence/making an informed decision. Assume I know nothing about leasing cars, please.

- The payments are $1,588/mo for 20 months remaining on the lease and 28k miles remaining on the lease.

- I have asked to review the lease contract if it is available. What should I review/look out for?

- I have asked for the residual balance of the car at the end of the 20 months since its more than likely I would buy out the lease at that time. How does BMWFS let you finance this?

Anything else I am missing/should explore regarding BMW lease takeovers?

02-03-2021, 04:07 PM
iranjha Private First Class 58 Rep 197 Posts Drives: F90 M5 Join Date: Mar 2018 Location: Chicago, IL iTrader: (0)	First time with lease takeover Looking to takeover a lease through BMWFS and this would be my first time leasing a car as I usually finance and just had some questions to make sure I am approaching the takeover deal properly and doing my due diligence/making an informed decision. Assume I know nothing about leasing cars, please. - The payments are $1,588/mo for 20 months remaining on the lease and 28k miles remaining on the lease. - I have asked to review the lease contract if it is available. What should I review/look out for? - I have asked for the residual balance of the car at the end of the 20 months since its more than likely I would buy out the lease at that time. How does BMWFS let you finance this? Anything else I am missing/should explore regarding BMW lease takeovers? Last edited by iranjha; 02-03-2021 at 04:15 PM..
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