: 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.

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

There are two primary ways to transition from leasing to owning your BMW:

Choosing to buy your leased BMW is often a strategic financial move in specific scenarios: BMW Lease End Information | BMW USA

: Some contracts allow you to purchase the vehicle before the lease term expires. This price is generally the sum of the remaining lease payments and the estimated residual value. When a Buyout Makes Sense