So I got my coupe in January 2012. I just hit 16,000 miles...my lease allows for 10,000 per year...some quick math shows that right now I'm 4,000 miles under the allowed amount.

I love the car. Its modded almost exactly how I want...maybe just swap the eibachs for coils. It's in great condition...both physically and mechanically. I'd love to buy it out, but my buyout at the end of the lease (January 2015) is $26,000+. I already know IFS isn't gonna budge on it. Even though the car is in great shape, I don't think it will be worth $26k+ in a year.

So here are my options...

1. Turn it in next January, pick up another new or used coupe, and just transfer my mods over to that car. Problem with this is, I doubt that I will find a car with the low mileage of mine in the same color (white) and with the options that I want. I could get a new one, but that will obviously be much more expensive.

2. Buyout my car. Even though it my not be worth as much as the buyout price, I know it's been taken care of and the miles will be very low. While I may pay a little more to buy mine, I figure it'll save me the time and money of having to transfer my mods (HFCs, axleback exhaust, rims) to the other car. BUT, my car is an auto and I'd like to buy a manual...so that would be another downside.

Opinions?

For those with manual transmission, are there any problems or concerns to look out for or be cautious of?

 

I cannot comment on whether or not to buy the car, but I can tell you what I've heard about the Manual Transmissions.

The manual transmission slave cylinder has issues, but there are many aftermarket options that can either fix, or upgrade your clutch pedal assembly. I've heard good things about the RJM AFP clutch pedal as a full replacement.

 

Options.
1) Sell the car now, pay off the balance.
2) Buy and drive a 1-2k beater to absorb some of the mileage
3) Trade it in for a new lease early - they sometimes play ball if you're getting a new car.

 

Buy your car. Then after it's paid for and yo own it, keep your car payment money and buy yourself a mod or two every month instead of giving it away to IFS or whoever you make a perpetual lease payment to. Once your car is modded to the max, use the would be lease payment funds to blow or to save or to invest. Take good care of it and drive it until it costs too much to own. That's a long time. If you were saving that lease payment money instead of blowing it, you can now use it along with whatever you get when you sell your G to buy a very nice next car. Repeat.

 

26K for a 2012 Used G37 coupe with 16K miles on it is a pretty good Buyout price.

Around here you can't find low mile G37s for less than $30,000..

You should keep yours because if you end up gambling on buying another used G37 you might end up paying more for something that you already have.

Keep your car if you like it and modded it

 

Sorry, I don't think I was clear...the buyout at the end of the lease (January 2015) is $26k...right now the buyout would be around $31k ($420 per month payment for 12 months + the $26K end of lease buyout).

Thanks for all the advice so far...

 

buyout and enjoy your G....

 

Yup 26 IS a good price at the mileage you are projecting. ..and with WARRANTY to boot. BUY IT.

 

I will be in a similar situation as you in September 2015, I already plan to buy mine out. Actually I have read on here IFS may allow you to extend your lease on a month to month basis, which I may try to do if they will let me. Then the residual will be even lower when I do finance the remainder. In the area I live used car prices are inflated, if I can keep it under mileage and have no damage still it will be a decent deal for this area. The key is that I know how well it has been treated and maintained, and I will have been the only owner.

** Edit, has anyone here been able to successfully extend a lease through IFS?