Quote:
Originally Posted by x986
A question about extending lease?
Is it at existing terms? i.e. I'm paying $665 based on a new car cost. Will the extension be at the same $665/month that I paid for a new car, or adjusted downward to lease a "used" car. The way I look at it, a 6 month lease extension will add $2K to the cost of a new BMW vs. buying a new Audi, MB, or Genesis. (FWIW, I'm planning to pay cash for my next car.)
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BMW can extend your lease up to 90 days if you have another car on order and you have a production number.
When you extend the lease you continue to make the same payment and you get additional miles.