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Originally Posted by TimeFor
Quote:
Originally Posted by RichP
Very good. BMW will extend up to 6 months if you have another BMW on order. Of course, if you lease again there may not be very good i3 incentives at that time.
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How does that work exactly? I'm in the same boat. I just call up BMWFS and say "Hey, I'd like to keep my car for 6 more months?"
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When I did it a few years ago, I had my SA do all of the above on my behalf.
Then, BMW FS had effectively rescheduled my lease turn-in date for T+4 months (that's all I needed).
Quote:
Originally Posted by TimeFor
How much does that cost? Do I make 6 extra payments at my current rate? Do they give me extra miles or do I just buy a lump sum of miles?
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Exactly - BMW FS effectively pro-rates the current lease terms for the additional months you had requested.
Your monthly payment stays the same.
You get a prorated mileage allowance based on current lease terms. If you have a 10K/year lease, then extending the lease for +6 months will get you +5K of additional millage allowance.
HTH,
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