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-   -   R50/53 BMW's Lease/Purchase Program-Who used it? (https://www.northamericanmotoring.com/forums/r50-r53-hatch-talk-2002-2006/8875-bmws-lease-purchase-program-who-used-it.html)

Cooperman Apr 27, 2003 03:54 AM

Hey All,

When I bought my Mini on 09/02, the finance guy talked me into a financial package that got my payment down lower, but obligated me to trade or refinance in 3.5 years. The program is through BMW financial services. I know it sounds like a lease, but he assured me it was not. In essence, at the end of my "payment period", I can trade for another and be guaranteed somewhere around $11,500 as a trade-in value, or I can refinance the remaining value of the car, and keep it. I am curious to see if any of the rest of you used this. I know many of our "fold" paid $ for their MInis, and I can appreciate that ability, but I've never been able to do that. Your responses are appreciated!

Jim :cool:

_________________
Turning head syndrome began on 09-21-02. (Indi Blue)




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