2016 BMW 528i 12 months, 9000 miles, $418/month after $1100 incentive

Year, Make, Model, and Trim: 2016 BMW 528i M-Sport, Premium,
MSRP: $53,000
Monthly Payment: $418 after applying incentive
Your costs: $3250 ($3850 (MSD, to me) + $500 ( app to bmwfs) - $1100 (incentive))
Months Left: 12
Current Mileage: 21,000
Miles remaining on lease: 9,000
Miles per month: 750 (.25/mile after that)
Original Contract Total Miles 30,000
Miles Allowed at Turn In 30,064
Term Length 36 Months
Contract Start Date 10/15/2016
Contract End Date 10/15/2019
Residual Value $39,745.20
Disposition Fee $350.00
Car Location Nor-Cal Bay Area, can deliver within 500 miles.

Monthly fee comes in just at the 1% rule of thumb.

The $3850 multiple security deposit listed above will be refunded to the lessee when the
car is turned in, minus disposition fee.

Black metallic exterior,​ Black Nappa leather interior. M-Sport package,​ Premium Package,​ Navigation,​ rear-view camera,​ heated front seats,​ and other enhancements. Clean Carfax,​ never smoked in,​ no pets,​ no accidents,​ dealer maintained. This vehicle is in excellent condition.

I’ve owned many BMW’s. They keep getting better, but none as cool as my 2800cs project car.

Thorough detailing job has the paint and interior looking more like 2 weeks than 2 years old.
Deep cleaning, clay bar, polish, sealant, synthetic wax. The effort makes a difference that’s
hard to photograph but visible in daylight and under my portable 100X microscope (sorry, I nerded out)

You will make an application to BMW Financial (bmwfs.com) to be named on the lease,​ my name will be taken off. This is my third lease transfer, I can explain and show preceding paperwork. An excellent credit rating is required. This is a great,​ beautiful choice for someone who wants a short term engagement with easy exit option.

Are you offering any incentives? What are you looking to get back at transfer?

Looks like nada

2020202020

That wasn’t there when he posted the thread, which is why I was asking.

Wait, did they really lease cars out at 75% residual?

I re-used the term “Drive-off amount” which is dealer-y, hope it isn’t being misused or
misinterpreted here. It is the amount of cash one would need in order to acquire this lease.
The lessee will get back up to $3500 from bmws on turn-in.

The residual amount ($39,745.20) is taken from the lease contract.

The MSRP listed above is incorrect.
The MSRP is $60,220.00, taken from the window sticker, picture 5.
Does that mean that the 1% rule of thumb indicates a $600 monthly payment?

The purchase price of $53,000 is taken from the lease contract

I have edited the main posting a few times. If it is considered appropriate, I will edit it once
more with these updates.

I hope this clears things up. Now, if someone is interested in leasing this car, let’s talk.

Stuart

Old body 528i; you can pick up new body for this price. I’d consider incentivizing with half (or all) MSDs if you want to sell here

This needs to come down in price. Give up some of that fat MSD to make this digestible at around $350

Your third lease transfer?! May I recommend a shorter lease next time? Lol…

no, all my leases have been good and financially sound experiences.
I have completed the term on the previous 2 lease swaps. On this one, I am
exploring giving the car up before end of term.

How did you complete your lease terms and did swaps?

Interested, if you can offer incentives. Thanks. PM me if so!