[Skipjump]

Nearing the end of my 2020 330i lease. Mileage is just about the contracted limit at 36k. Considering buying it out.

Residual is 28k. Cost of fixing the curb rash and tires should be around 500-750 max.

Main thing is that I know the history of the vehicle and seems to be at par with used non cpo examples. Trade in value is 25k

There is an option of BMWFS to payoff including sales tax and they release the title to me.

Is there any benefit in going the CPO route and getting this car certified by a local dealership (if that’s a possibility)

I am not handy in terms of mechanicals. Car has not had any major issues and has only been in for routine maintenance. Should I get it inspected by a mechanic before purchasing?

Post purchase plans
1. Non RFT tires
2. Hifi system upgrade
3. Really want to upgrade sensatec to proper leather but doesn’t seem to be feasible.

[madpistol]

My take. If you want it, buy it. If not, turn it in. Don’t sweat the other details.

[tturedraider]

No benefit to CPOing the car. To CPO the car the dealer has to take ownership of the car and then sell it back to you. They will want AT LEAST $2,000 just to cover the cost of enrolling the car in the CPO program. Plus the costs they incur to bring the car up to CPO standards. You would be better off buying a BMW extended warranty. There are dealers on this forum who sell BMW extended warranties to forum members at fairly significant discounts. You can buy a BMW extended warranty as long as the car is still covered by the new car warranty, so it’s not something you have to do immediately.

[Skipjump]

Originally Posted by tturedraider

You would be better off buying a BMW extended warranty.

Agreed. Saw one of the older posts from 2021 when there was a cpo special apr which would have pretty much covered the cost, but no longer the case.

There does exist an option to re lease the car for 1/2/3 years with astronomical numbers. More than twice my current payment. 3 year option totals > buyout