I'm about to complete (three weeks left) a 2yr lease on a 530i (Black paint, Black leather, Nav, Sat radio, Cold pkg, Prem pkg, Sound pkg). The car lease agreement was for 30,000 miles total. I have currently 26,500 miles and the car is in excellent condition.

The car's capital reduction is $40,600 and the dealer is offering me a buy back option for $36,500 plus sales tax (7% NJ tax). The car would be certified pre-owned and would continue free maintainance to 50,000 miles. They are offering a 4.9% finance plan also.

Based on these numbers is it worth buying the car? Dealer said he could sell it easily for $42,000 as certified pre-owned and that I getting a great deal. How great a deal do you think this is? If I get the car I would keep it two years and hope to sell for a reasonable price, i.e. $24,000 with 50-55,000 miles (if thats realistic). Your input would be greatly appreciated.

Thanks, Alan.

I was in the same dilemma a few weeks back - my 2006 530xit was at lease end and I loved the car and I wanted to keep it. Then I took a spin in the 2008 535i and the decision was very clear - turn in the 06 and get the 08. Beyond the obvious performance improvement, the subtle refinements make the 08 far superior overall. 2 years down the road with used 535s on the market, I think older 530s will be a tougher sell. Good luck!

530's are in the mid to low 20's right now. check ebay completed auctions.
doh, I was thinking yours was a 2004 model. not sure what 2006's are going for.

Thanks for your input. I finally decided to take the leased 2006 530i car. Price agreed $33,250 in Certified Pre-owned condition. odo. 29,000 miles. I figured I still have two years of included maintainence afterwhich I can trade it in for a new model.

nice!

good luck with that.

you can get the maint package extended to 7yr/100k. The extra cost is roughly the cost of a brake job. So the way I see it, pay for your brake job in advance (roll it into the car note) and then get all the other maint for free beween 50-100k miles.