Purchase and Lease Renewal

I drive a leased vehicle that is not a BMW, can I trade in my vehicle before the end of my lease terms?
Yes. We at Hamel BMW accept all trades.

Can I release or purchase a new vehicle before the end of my present lease term?
Yes, a lease is a finance contract. Depending on your present car's evaluation and the balance you owe, many times a vehicle can be released after 3 short years at about the same payment per month with the same original conditions.

Will I be responsible for over mileage and or excess damages if I change before the end of the term?
You are only responsible if the car is returned to BMW, if we take the car in trade; you are no longer responsible for any excess damages or mileage.

Can I release a different model?
Yes, you can release any BMW product.

When is the best time to release a new BMW?
Depending on the mileage driven, the state of the vehicle's appearance and demand for a specific model, you could possibly change your vehicle as early as 2 years into your lease.

How do I proceed?
You call our renewal department and speak to Sylvie Mariotti, Martin Moore, Paul Hébert, Alain Pouliot or Steve Baldassare.

Are there any fees for this meeting?
No, it is absolutely free.

Can I sell my lease to someone else and then release a new vehicle?
Yes, but our renewal department has to be advised.

Do I have to lease for 48 months again?
No, we have 24 - 30 - 36 - 42 months on location also. Should you decide to purchase your next vehicle we have competitive rates and terms available till 84 months.