MAXIMIZE YOUR FUNDS, EQUITY & PAYOUT
WHEN SELLING YOUR CAR
We buy all used cars and leases, including restricted brands
Trusted for 38+ Years
WHAT IS YOUR CAR WORTH?
Sell your BMW or BMW lease in Los Angeles and Burbank
BMW Financial Services is one of the lenders that closed the door on third-party lease buyouts, so most independent dealers either pass on a leased BMW or MINI or offer you a fraction of what it's worth. IMX still buys them, along with owned and financed BMWs, out of our buying center in Burbank. A check the same day, no BMW dealership required.
How do I sell my BMW in Burbank or LA?
- Get a free estimate online, or call with your VIN and mileage.
- Bring the car in for a fifteen-minute inspection. If it's a lease, we pull your exact payoff from BMW Financial at the same time.
- Sign, and leave with a check you can cash or deposit that day.
Selling a BMW you own outright works the same way without the payoff step. See our sell your car page for that process.
Have your VIN and mileage ready? We can give you a range before you come in.
Call (818) 303-0800Can I sell my leased BMW?
Yes. BMW Financial Services, which also finances MINI, restricts third-party buyouts the way most captive lenders do now. IMX completes the purchase through channels the lender recognizes, settles the loan directly, and pays you whatever equity is left. You never take ownership of the car yourself. See our full lease buyout page for how this works across every restricted brand, plus the tax angle that comes with selling instead of buying out.
How much is my BMW worth?
Equity is the gap between what we'll pay and what you still owe on the payoff. If your lease is a couple of years old, there's a real chance the car is worth more now than the residual written into the contract. We pull the live payoff from BMW Financial and appraise the car ourselves, then show you both figures before you commit to anything.
Do I owe California tax when I sell my BMW lease?
No, not when you sell it to us. Buying out the lease yourself would trigger California use tax on the residual, somewhere around 7.75 to 10.25 percent depending on your county. Selling the lease to a dealer shifts that liability to us instead, since we're the ones taking ownership. Full explanation with the actual code sections is on the lease buyout page.
Why sell your BMW to IMX?
We've run this buying center in Burbank since 1988. No haggling, no pressure, the same offer whether or not you buy your next car here. We serve Burbank, Glendale, Los Angeles, Van Nuys, and the surrounding Valley.
811 N Victory Blvd, Burbank. Most appraisals take about fifteen minutes.
Get an offerBMW and MINI lease questions
- Will BMW Financial let me sell my leased BMW to a non-BMW dealer?
- Not directly. BMW Financial Services restricts payoff quotes to the lessee or a BMW franchise in most cases. IMX buys BMW and MINI leases through channels the lender recognizes, pays off the balance, and pays you the equity.
- Does this apply to MINI leases too?
- Yes. MINI is financed through the same BMW Financial Services umbrella, and the same restriction and the same workaround apply.
- What models tend to have the most equity?
- It depends more on when the lease was signed than the model. We pull your exact payoff and appraise the car so you see a real number instead of a guess based on the model alone.
- What do I need to bring?
- Your license, the car, your lease account number or a recent statement, and both keysets if you have them.
- How fast is payment?
- Same day. Roughly fifteen minutes for the inspection, then a check you can cash or deposit right away.