What does BMW do with lease returns?

As a way of saying thank you, BMW Financial Services offers an Unused Mileage Loyalty Credit for drivers who return their BMW with less than their contractual miles. And, if you choose to finance or lease your next BMW through BMW Financial Services, we’ll waive your disposition fee.

Can I return my BMW lease early?

Can I Request a BMW Early Lease Return? Yes, you can terminate your BMW lease early. However, this can come with a hefty lease termination fee, and you’ll also have to pay the remaining expected depreciation of value on your lease’s original term.

Will BMW Financial extend lease?

Let us arrange your financing – Lease through BMW Financial Services or finance through BMW Financial Services. Important Note: If you choose to lease or finance a custom-ordered BMW, Pacific BMW will be happy to extend the lease on your current vehicle up for up to six(6) months until your new BMW arrives.

How does a lease return work?

Near the end of a car lease, you have the option to buy it, lease another one, or walk away after turning it in. Any dealership of the same brand will determine if you’ve gone over the allotted miles or if the damage is beyond normal wear and tear, then bill you if needed.

Can you wrap a leased BMW?

If you’re leasing your BMW or aren’t allowed to get it a new paint job for whatever reason, getting a wrap will let you change the color of your ride without voiding your warranty or violating your lease. That’s because wraps are fully removable and won’t damage the paint underneath.

Can I return my leased BMW to any BMW dealer?

BMW LEASE RETURN FAQ Q: Do I have to return my BMW to the dealer that I originally leased from? A: No, you can return your lease to The BMW Store.

When can I hand my BMW back?

Return your BMW at the end of your agreement With your BMW Select finance agreement you have the option to hand your car back before the optional final payment*** falls due. You will need pay all the regular monthly payments and the final part of your credit arrangement fee, if any.

How many months can I extend my BMW lease?

If you choose to lease or finance a custom-ordered BMW, we will be happy to extend the lease on your current vehicle up to six months until your new BMW arrives.

Do you get money back for unused miles on a lease?

That said, most lease companies allow the “purchase” of extra miles at the beginning of a lease, if you feel you might need them. Then, if you find at lease-end that you haven’t used them, or all of them, you’ll typically get a refund for the unused “extra” miles.

What happens to lease cars when returned?

When your lease is up, you should return your vehicle to the company you originally got it from. Your car must be returned by the lease termination date, otherwise you may incur a late charge. Your finance company will also look at how many miles your car has done.

Can I upgrade my BMW lease?

OPTION 1 ‐ KEEP YOUR CURRENT BMW You may purchase your vehicle outright for the purchase option price or finance the amount remaining with BMW Financial Services. We’ll make it as easy as possible for you to own or re-lease the BMW you have now, and be able to upgrade to another BMW in the future.

What do you need to know about Crevier BMW?

When you own The Ultimate Driving Machine, you should get the service to match. Our service team is BMW Certified. That means we are uniquely qualified to service your BMW vehicle. It also means that we have the expertise to handle just about anything, regardless of what make or model you may own. Welcome to Crevier BMW.

What to do at the end of a BMW lease?

You have three options available at the end of your vehicle term: choose a new BMW; purchase your current BMW; return your BMW. Please contact your originating BMW Center for more information on the option that is best for you. Will I receive information about my vehicle return options?

Is there a disposition fee for a BMW lease?

As a way of saying thank you, BMW Financial Services offers an Unused Mileage Loyalty Credit for drivers who return their BMW with less than their contractual miles. And, if you choose to finance or lease your next BMW through BMW Financial Services, we’ll waive your disposition fee.

When do you get the unused mileage credit on a BMW?

To be eligible for the Unused Mileage Loyalty Credit, you must return your current BMW with at least ten percent of the total allowed mileage unused. You must also finance or lease your next BMW through BMW Financial Services within two months prior to or six months after the return of your current BMW.