Lease car return and servicing
Lease car return and servicing
Author
Discussion

HoHoHo

Original Poster:

15,386 posts

275 months

Wednesday 8th June 2016
quotequote all
My leased F10 M5 is due to go back in 5 months, been a great car but time to move on.

The iDrive shows 6000 miles to the front pads and I know it will require disks at the same time (30500 miles so far). Obviously I'm in no mood to pay for pads and disks and hand the car back so someone can enjoy £2000 of my money so I'm really only using the car where necessary and using my wife's X3 (also a lovely little car BTW) and I doubt I'll add a further 3000 miles during the next few months.

The iDrive also shows an inspection and brake fluid change due in November which happens to be at the time of hand-over/end of contract.

My question is a simple one but actually not clear on the documents from BMW.

If I return the car early/mid-October when my new one arrives I know I'm due all payments up to the end of the agreement ( which will be 1month) and as long as the pads show a time to service requirement rather than overdue then I'm not due to have them serviced. What about the inspection and brake fluid which technically is due during my original lease period but remember the car will have gone back in October which is a month early for those two requirements according to the iDrive.

In the 6 month to end letter I received recently it states quite clearly that on an M car, any servicing that is due or overdue will be charged along with any loss of value to the vehicle due to the service not being carried out.

I know it appears black and white but BMW can't confirm either way where I stand!

Does anyone have any real experience of this situation?

Jazzer

1,758 posts

229 months

Wednesday 8th June 2016
quotequote all
Hi!

I believe it's the case that you are only liable for servicing requirements that fall due when you are in possession of the car.

You are fully within your rights to return the car early, with the contract requiring you to make the remaining payment on the lease.

I take it you didn't get the service pack?

HoHoHo

Original Poster:

15,386 posts

275 months

Wednesday 8th June 2016
quotequote all
Jazzer said:
Hi!

I believe it's the case that you are only liable for servicing requirements that fall due when you are in possession of the car.

You are fully within your rights to return the car early, with the contract requiring you to make the remaining payment on the lease.

I take it you didn't get the service pack?
No service pack, it's a huge amount of money and only worth while if you have the car for 4 or more years.

I agree with your thoughts......if only BMW would confirm either way!

Jazzer

1,758 posts

229 months

Wednesday 8th June 2016
quotequote all
Mine paid for itself with the running in service and a couple of visits......mind you, I might have been shafted by the stealers!

What next?


HoHoHo

Original Poster:

15,386 posts

275 months

Wednesday 8th June 2016
quotequote all
Jazzer said:
Mine paid for itself with the running in service and a couple of visits......mind you, I might have been shafted by the stealers!

What next?
Cough........family and dog etc.

X5 M50D

getmecoat



Jazzer

1,758 posts

229 months

Wednesday 8th June 2016
quotequote all
Apologies, li knew that from before!

But not a bad choice Sir.....M5s are great, but other things are too!

I'm moving away from BMW.....time to be a scunnered by another marque!!

HoHoHo

Original Poster:

15,386 posts

275 months

Wednesday 8th June 2016
quotequote all
Jazzer said:
Apologies, li knew that from before!

But not a bad choice Sir.....M5s are great, but other things are too!

I'm moving away from BMW.....time to be a scunnered by another marque!!
Interesting, your choice?

Jazzer

1,758 posts

229 months

Wednesday 8th June 2016
quotequote all
I have been smitten by a Cayman GTS and am currently contemplating taking the plunge.

I had previously dismissed the Cayman as a hairdresser's car, a Boxter with a roof, and I really regret that.

It's stunning to drive and, according to those in the know, right up there with the 911 GT3 as the best driver's car Porsche produce.

My only dilemma is that I'd want it as an everyday car and there is a part of me that would be slightly embarrassed by that.

We'll see!!


HoHoHo

Original Poster:

15,386 posts

275 months

Wednesday 8th June 2016
quotequote all
Jazzer said:
I have been smitten by a Cayman GTS and am currently contemplating taking the plunge.

I had previously dismissed the Cayman as a hairdresser's car, a Boxter with a roof, and I really regret that.

It's stunning to drive and, according to those in the know, right up there with the 911 GT3 as the best driver's car Porsche produce.

My only dilemma is that I'd want it as an everyday car and there is a part of me that would be slightly embarrassed by that.

We'll see!!
I've been fortunate and had two 911's and a Boxster S, all great cars.

Don't worry about the hairdresser image, they drive a lot better than anything but a cooking 911 yes

Could do with more grunt perhaps but a great car that's for sure.

Oh, and the PDK gearbox cloud9

Edited by HoHoHo on Wednesday 8th June 21:58

jm doc

2,934 posts

257 months

Wednesday 8th June 2016
quotequote all
HoHoHo said:
Jazzer said:
I have been smitten by a Cayman GTS and am currently contemplating taking the plunge.

I had previously dismissed the Cayman as a hairdresser's car, a Boxter with a roof, and I really regret that.

It's stunning to drive and, according to those in the know, right up there with the 911 GT3 as the best driver's car Porsche produce.

My only dilemma is that I'd want it as an everyday car and there is a part of me that would be slightly embarrassed by that.

We'll see!!
I've been fortunate and had two 911's and a Boxster S, all great cars.

Don't worry about the hairdresser image, they drive a lot better than anything but a cooking 911 yes

Could do with more grunt perhaps but a great car that's for sure.

Oh, and the PDK gearbox cloud9

Edited by HoHoHo on Wednesday 8th June 21:58
Had a boxster for a day while my 911 was in for service. Thought it was massively underpowered and really disappointing.
Exhaust note was great though lol.


Mgd_uk

405 posts

129 months

Wednesday 8th June 2016
quotequote all
Ask them to see if you have an early termination cost, I had an M135i and my early termination cost was 50% of the remaining monthly payments ex vat.

So you may be able to return it in sept for the cost of less than 1 month lease smile

HoHoHo

Original Poster:

15,386 posts

275 months

Thursday 9th June 2016
quotequote all
Mgd_uk said:
Ask them to see if you have an early termination cost, I had an M135i and my early termination cost was 50% of the remaining monthly payments ex vat.

So you may be able to return it in sept for the cost of less than 1 month lease smile
Will do thumbup

Andy M

3,755 posts

284 months

Thursday 9th June 2016
quotequote all
I also had a Boxster (not S) are a courtesy car while my 911 was in for service and absolutely loved it. Underpowered, but the handling was perfect for our appalling roads.

Max Maxasson

440 posts

208 months

Thursday 9th June 2016
quotequote all
With so many Boxsters driven by women of a certain age - the range is always going to have a certain amount of "hairdresser" attached to it.
Myself I'd have another 911 but probably not a Boxster/Cayman. That probably says more about me than the car though.

HoHoHo

Original Poster:

15,386 posts

275 months

Thursday 9th June 2016
quotequote all
just spoken to BMW and my options are simple:

Hand the car back and pay any outstanding monthly payments due + if I'm over mileage any excess based on the amount over divided by the term so far and then multiplied by the full term so they can calculate the necessary charge.

I am not liable for any servicing due once the car is handed back regardless of the fact for example the brake fluid falls within the original term.

With regard to the Boxster comments, I had an S from new in 2002 and always felt that I was able to wring the thing within my capabilities and never got scared. Not a feeling I ever had with my 996 or 997!

The S could do with more power but was a lovely balanced drive yes

mikeN54

607 posts

206 months

Thursday 9th June 2016
quotequote all
Jazzer said:
Mine paid for itself with the running in service and a couple of visits......mind you, I might have been shafted by the stealers!
Even over 3 yrs an M5/6 (on 8k pa lease) should only need 2 visits, running-in then oil / brake fluid at 18m to 2y years.

That's it.

If mines need brakes I'll do it myself and get the counters reset, no one will know or care.

mikeN54

607 posts

206 months

Thursday 9th June 2016
quotequote all
HoHoHo said:
...it states quite clearly that on an M car, any servicing that is due or overdue will be charged along with any loss of value to the vehicle due to the service not being carried out.
There you go. "Due or overdue".

If it still has miles / days to go on the service item at date of return (even 1 mile or 1 day) then it's not due.

"Overdue" means outside the permitted lateness of servicing ie. 1 month after it fell "due"!

Another make, but I returned my E63 AMG to MB a few weeks early last December to avoid falling due for the 2nd annual service. (which was going to cost more than the months lease). No probs.

Edited by mikeN54 on Thursday 9th June 13:15

HoHoHo

Original Poster:

15,386 posts

275 months

Thursday 9th June 2016
quotequote all
mikeN54 said:
HoHoHo said:
...it states quite clearly that on an M car, any servicing that is due or overdue will be charged along with any loss of value to the vehicle due to the service not being carried out.
There you go. "Due or overdue".

If it still has miles / days to go on the service item at date of return (even 1 mile or 1 day) then it's not due.

"Overdue" means outside the permitted lateness of servicing ie. 1 month after it fell "due"!
That's exactly as I thought however earlier in the week BMW weren't able to confirm if any servicing due during the original term was still liable to be completed.

It appears not.

mikeN54

607 posts

206 months

Thursday 9th June 2016
quotequote all
Another make, but I returned my E63 AMG to MB a few weeks early last December to avoid falling due for the 2nd annual service. (which was going to cost more than the months lease). No probs.

HoHoHo

Original Poster:

15,386 posts

275 months

Thursday 9th June 2016
quotequote all
mikeN54 said:
Another make, but I returned my E63 AMG to MB a few weeks early last December to avoid falling due for the 2nd annual service. (which was going to cost more than the months lease). No probs.
That's also my position.

If I keep the car until end of term I'll have around £2500 of servicing costs + the monthly payments.

Time to say goodbye I think.

BMW have confirmed all being well my next car is currently due with them week 37 (12/9/16) so I'll hand it back late September frown