I am looking for someone to assume the lease on my 2016 BMW 340i in Mineral Gray. It is a 6 speed manual car (rare) with many options ticked. I love the car and it drives wonderfully, but my work circumstance has changed and I no longer need to commute. It is always garaged and is in showroom condition. I have done the hard negotiating for you and here is your chance to drive a $57k MSRP car for cheap.
7300 miles, lease allows 36,038 total miles and is until October, 2019
6 speed manual
Exterior absolutely clean, no dents, dings
Interior is flawless
20% tint all around
Build/options:
Mineral Grey Metallic
Saddle Brown Dakota Leather
Driver Assistance Package
Lighting Package
Technology Package
Heated front seats
Side and top view cameras
Black kidney grilles
M Performance Exhaust
Illuminated Door Sills
Wheel Locks
BMW First Aid Kit
LED Door Projector
Oil was changed in May. Monthly payment is $333.50, tax included (7.75% for me.) To assume lease, you will need to pay BMW the credit application fee and transfer fee ($500). I’m asking for $3000 to assume my lease to account for the MSD (multiple security deposit of $2450) you will receive at lease end, as well as tinting.
Wish I can get this kind of deal nowadays… especially MT… my girl loves MT… still hunting for decent one for her. did you build it? Or go dealer by dealer? Almost impossible to find a decent one in NorCal.
Dug out the original contract, it’s 36,038 miles lease allowance. You have roughly 29k miles left for 27 months.
This was my deal last year. Unless BMW changes anything in the future, this deal will be untouchable, at least I don’t think I’ll personally be able to beat myself.
MSRP: 57015
Selling price: 45880
Acquisition fee: 925
Lic./Reg fees: 369
Misc fees (tire, transfer, etc): 180
Rebate tax: 166.40
MF with 7 MSD: 0.00127 (they would not budge from markup)
Residual: 65%, 36 months, 12k miles
$1000 Loyalty
$1000 Graduate
$300 Cap Cost Reduction (I calculated this because I was banking on 0.00087 MF, and this would have made my payments $300.00, but didn’t work out because of MF markup)
Total due at signing = $2450 (MSD) + $1375 (1st month, lic/reg, misc fees, rebate tax, 300 cap cost red.) = $3825.
Transfer is pending credit application and etc, but there is a fallback list if things don’t go through. I’ve gotten over 20 inquiries through here and CL. Will update thread for any further info. Wife may be considering putting her red 340i up as well. Main differences are that it’s an automatic with the track and M packages. Thanks all for the interest.