When your BMW lease nears its end, you essentially have three choices: return the vehicle, trade it for a new model, or buy it out. A (often colloquially called a "buy back") allows you to take full ownership of the vehicle you have been driving, typically at a price predetermined at the start of your lease. Types of Lease Buyouts
Choosing to buy your leased BMW is often a strategic financial move in specific scenarios: BMW Lease End Information | BMW USA
: This is the most common path, occurring at the end of your term. The price is based on the residual value —the estimated worth of the car at the end of the lease, which was locked into your original contract.