[didii]

Hello All,

I am currently looking into lease transfer/buyout options. I have a 2023 bmw x1 and I leased my car in jan 2024 in Vancouver, BC. Based on what I’ve read on the internet, BMW does not allow 3rd party buyouts. I haven’t found the actual statement on bmw.ca yet. I was wondering if that’s true and if my only option is to either find someone to transfer the lease to or make the remaining payments on the lease term to end my lease early. Could anyone advise on this?

[Bc2005]

Just to be clear. So you want to get rid of the car?

You can always get a loan and buy it out yourself, if you just want to get out of the lease. But then you have a loan.

[didii]

Originally Posted by Bc2005

Just to be clear. So you want to get rid of the car?

You can always get a loan and buy it out yourself, if you just want to get out of the lease. But then you have a loan.

Yes. I no longer want to make payments on the car

[tturedraider]

Originally Posted by didii

Yes. I no longer want to make payments on the car

You can payoff the lease and take ownership of the car. That’s not a problem.

[DocL]

Originally Posted by didii

Yes. I no longer want to make payments on the car

Cars don't float.

[didii]

Originally Posted by tturedraider

You can payoff the lease and take ownership of the car. That’s not a problem.

The issue is that I am currently in a tight situation and definitely don’t have that kind of cash. I want to get out of the lease without having to make the remaining payments. I know other brands accept 3rd party buyouts but I’ve been reading online that bmw doesn’t.

[didii]

Originally Posted by DocL

Cars don't float.

I understand, but I’ve also read some threads that people have gone to third parties for the buyout so I know it is/was possible. Might depend on the province/state I guess.

[xander_g]

https://www.leasebusters.com/