BMW Financial, a unspecified car dealership in the DC area & a proud owner of a 2006 BMW M5 have failed to come to terms on an end of lease buyout value. With the end of lease approaching and the residual values of the high-end automotive market falling out from underneath, a proud owner of a BMW M5 reluctantly returned his car back to BMW Financial.
The residual value was over $50,000 and the retail price was near $60,000 but the true auction value of the car was only $40,000. That is the price this clean, well maintained vehicle sold for at auction. BMW financial lost over $10,000 and more importantly they did not give a return customer the chance to feel like they care about his business after making good on a high end lease for 3 years.
Get Your Car Back Represented the above client and we have outlined a real situation. So if you are at the end of your car lease and find yourself in a similar situation, contact Get Your Car Back at 305-981-6209 for a pleasant end of car lease experience.
About www.GetYourCarBack.com
End of Car Lease Representation - there are a number of strategies a lessee can use at the end of their car lease to create the best opportunity for themselves. Get Your Car Back can now represent you at the end of your car lease to ensure that you get the very best deal. Whether buying your car at the end of the lease or returning your car back to the finance company. Our goal is to make the end of your car lease a pleasant one. We will fight for you to keep you in your car without paying a dollar more than the market value at the time your lease expires.
Auction Representation – When all other options to Get Your Car Back have been exhausted auction representation is a very powerful solution available to lessees that want to keep their car but have not been able to negotiate a good price to buy their car at the end of lease. Auction Representation gives you the chance to Get Your Car Back at wholesale price and many people save over 20% off the residual value after all fees have been paid.
FILED UNDER : End of Car Lease, Main Blog TAGGED WITH : auto lease, auto lease buy out, auto lease buyout, auto leasing, buy leased car, buying leased car, car lease, car lease buy out, car lease buyout, car lease finance, car leasing companies, end car lease, end of lease, get out of a lease, infinity lease, lease assumption, lease assumptions, lease buy outs, lease buyout, lease buyout loan, lease buyout loans, leasing cars
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