[SpeedyATL]

Ok, so I have now read and signed the paperwork for my early-out lease extension.

Here are some details that hopefully will help someone else...

1. The base lease extension document is pretty similar to the original BMWFS lease I signed, with a couple of interesting changes:
1a. They are not charging/collecting tax for any of the extension months (this may be a state specific thing)
1b. The capitalized cost is not the same as the buy-out/RV of my original lease. For some reason it is about $460 less which works in my favor should I buy the car at the end or when I trade the car in on my new car.
1c. The main lease document mentions nothing about getting a new car or anything other than the basic lease.
1d. My monthly payment is up dramatically from $247 to $406, but for a $58k MSRP car, even $406 is not bad. ($220 goes toward capital cost reduction, the rest toward interest).

2. There is a lease extension addendum that addresses the contemplated purchase/lease of the new car.
2a. The addendum requires you to finance via BMWFS if you want to avoid the early termination costs (seems to imply you could not even pay cash). Not normally an issue for me, but my dealer is marking all rates up and I'm not willing to be locked in to a marked up BMWFS deal. I pushed back and was granted a concession. All I have to do now is send them a bill of sale for a NEW BMW, and they will waive the early termination costs associated with ending the extension early.
2b. I've been having significant issues with my dealer jerking me around. So I told BMWFS that I might not be taking the new car and I wanted to make sure that if I declined the new car, I could retain my current car to the end of the lease extension. They agreed to this and noted my account as such but they also indicated to me that notes weren't really necessary as the lease would remain in place regardless of declining the new car.

I'm hopeful everything plays out the way I believe it should. There is always a chance for things to go south, but BMWFS did make a solid effort to make things work for me in this process. Much more than I can say for my dealer I'm afraid.