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Old 01-17-2011, 12:53 PM   #6
SARAFIL
I like BMWs
 
Join Date: Oct 2003
Carmudgeonly Ride: X5 M50 / M550
Location: Boston, MA
Posts: 5,795
Quote:
Originally Posted by bren View Post
How does lease extension work? I've heard of extending when you have a car on order, but never "just because".

Do you simply call BMW FS and request x-months extra time?
You have a few options:

1) extend the lease under your current terms -- max of 6 months

2) extend the lease for a longer term -- requires calculating new lease payments


Under option 1, they typically only do it for 2-3 months and require a production number for a new car to go out to 6 months. However, the rep I talked to today indicated that they are currently doing up to the full 6 months without requiring a new production number. Not sure how long they'll be doing this, but when the time comes I'll probably try and get the 6 months without a production number if I can.
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2020 X5 M50i -- Alpine White / Coffee Leather
2020 M550i -- Carbon Black / Beige Leather
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