03-04-2018, 09:36 PM | #1 |
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Extending lease to wait for G05
My lease ends June of this year but have my eyes set on the new G05. Up in a Canada, the first car probably won’t be arriving in dealers till November I’m guessing. I’m thinking of extending my current lease. Does anyone have experience in doing this and are there any drawbacks to it?
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03-05-2018, 08:45 PM | #3 | |
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03-07-2018, 09:48 AM | #4 |
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Keep in mind you really don't want the first batch of cars off the lot. I remember when the F15's were first released there were a lot of people reportedly having issues with their new cars. Those posts died down after a couple of months from what I remember. Not saying its going to happen to everyone but there is def. an increased chance when a all new model comes out from BMW.
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03-07-2018, 04:32 PM | #5 | |
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B&O, parking assistant, executive package, 3rd row seats and the manual rear shades are the ONLY items we didn't order. Having everything else makes our F15d a NICE ride.
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03-08-2018, 06:53 AM | #6 |
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I actually confirmed it’s Sept, 2018 my lease up, not June. Anyhow, I agree, the first batch of x5’s will be like guinea pigs.
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03-08-2018, 07:03 AM | #7 | |
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03-13-2018, 09:53 AM | #8 |
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I've seen a good about of people with check engine lights shortly after picking up the car from the dealer when the F15 first came out. Def seems to happen more with cars made in the US compared to cars built in Germany from what i've noticed.
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03-30-2018, 03:04 PM | #10 |
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I will definitely take advantage of that which will take me out to March / April. Great tip. Thanks!!
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03-30-2018, 04:11 PM | #11 |
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Be mindful when extending a lease of a few things:
Also keep in mind that when a new body style debuts, for whatever reason, dealers tend to discount less because of "scarcity." Some people are willing to pay the premium to be the first to have one; I'm not one of those people. |
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03-30-2018, 04:27 PM | #12 | |
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All good points. The car will be 3 years at that point with ~35-40,000 km. The car's warranty is 4 years 80,000 km. If I time it right I'll run the winter setup during those extension months (Oct - March) I'll save the OEM summer tires. I hear ya about the deal. We'll see how good our BMW contacts really are at that point. My other option is to move my wife down to the X3 M40. I just traded in my 2012 Jeep GC Overland for a new Jeep Grand Cherokee Summit that I'm picking up tomorrow. So there may not be a need to have two big SUV's. |
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03-30-2018, 09:28 PM | #13 | |
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I'd be more interested in the X3 if it helped my cash flow/savings routine, but at $65k (vs $73k for an X5 the way I'd want it), with the same residuals/MFs, the X3 is certainly no bargain. I have my eye on the Jeeps as well, although I've read a redesign is forthcoming soon. |
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03-30-2018, 09:54 PM | #14 | |
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I still love our X5 M Sport. It’s a great ride. I may just keep it for $42k and wait a year and trade that in for the new one. Last edited by X54TH; 03-31-2018 at 05:46 PM.. |
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07-17-2018, 07:26 PM | #15 |
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Got a call today from BMW. The lease is up at the end of September. They were willing to extend the lease but I had to give them $1K to hold a spot to order the new G05. Looks like I'm going down the path of a new X5.
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07-17-2018, 08:24 PM | #16 |
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That's great! Make sure to post pics when you get it.
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07-18-2018, 08:51 PM | #17 |
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I've been thinking lot about it today. My wife took my Jeep to the cottage and she left me with her X5. I enjoyed driving it so much today with the sunroof open and the music turned up that I drove past my exit.
I was on G05 Forum and they've got the details on the car, options and packages for the US only. Our dealership has zero info. I'm sure our Canadian cars will be packaged up slightly different as they did for the F15. I told my wife this is her birthday, 30th Anniversary and Christmas present all rolled into one. She agreed as long as I got her the Swarovski Crystal shifter...I can just imagine what that will cost me. Anyway, I'm pretty excited. I might push to get this earlier (Nov). I hope the bolt pattern is the same so I can use the F15's Winter setup as I'm going for the G05's 22" option. |
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07-18-2018, 08:56 PM | #18 | |
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07-18-2018, 08:58 PM | #19 |
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07-18-2018, 09:03 PM | #20 | |
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07-18-2018, 09:07 PM | #21 |
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I'll have to throw in a child as well. I just found out that the G05's bolt pattern is different from the F15. Looks like I'll need to sell F15's Winter setup before this car comes in. errrrr
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07-18-2018, 09:16 PM | #22 | |
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