Year, Make, Model, and Trim: 2018 BMW 340i xDrive M Sport
Location: Indianapolis, IN
MSRP: $62k
Monthly payment (pre-tax): $369 ($395 with IN tax)
Current mileage: 22,246
Maturity mileage: 34,251
Effective miles per month:1500
Maturity date: March 14, 2021
MSD due (if any): N/A
Cash due (if any): $600
Incentive for new lessee (if any):
Financial institution: BMW Financial Services
Transfer fee: $500
Out-of-state transfer allowed (yes/no): Not sure of rules, must pick up in Indy
Vehicle condition (accidents, tire wear, etc.), options, and other details: Very Good, appears new on the inside and out. Fully loaded MSport in Glacier Silver with black leather. HUD, LED lights, blind spot, lane keep, heated seats, sunroof, M sport seats. I have a full set of winter M sport wheels/tires that I would sell with the vehicle if interested ($400 more). Since I used the winter rubber part of the year, the OEM summer tires still have plenty of tread. Recent maintenance at BMW dealership, good to go until lease ends.
Added a pic of the window sticker. Make an offer…need something bigger now that my wife is pregnant with #3. Great short term lease that enables loyalty in the spring when its time for a new one.
Drop the $1200, throw in the wheels and you can that larger car. Otherwise, you’re asking someone to pick up a 6-7 month lease for an effective payment of almost $600 for a 3 series.
Probably going to need to throw in the wheels and pay the transfer fee too if he wants to dump it. It’s almost $700 month with both the cash and xfer fee. Then you gotta deal with what ever wear and tear it might have after your short 6 month lease. Prolly going to have to just stick it out if doing any of that puts you in negative. That or see if carvana/vroom etc will at least break even on it.
Keep in mind this isn’t just any 3 series. It’s a $62k AWD M Sport 340, it’s faster than prior gen M3 and gets over 30 MPG on highway. Very comfortable ride, took it on many 4+ hour trips and felt great when I arrived.
We are now effectively $469/month plus tax on a short term with plenty of miles. It’s hard the get a decent deal on a M340i right now and this will help out with BMW loyalty. Just had it serviced and the tires have plenty of tread for the remainder.
Wheels are worth over $400 all day and I will only offer that price with the lease transfer. You can easily resell for profit afterwards.
Just a point to be made about the car in general, I fully understand nobody cross shops a 10 year old car with a 6 month lease. Point of the matter is this car is wicked fast and fun to drive.
That is the back up plan if nobody wants it for transfer. Baby isn’t due until January but I negotiated a stellar deal on a X3M demo, not sure what the market will bring in March. Honestly surprised it’s still available, tons of interest but no commitment yet.
OP doesn’t seem interested in moving this thing. Gave him a great offer first time around and he declined… 2 weeks later gave him another great offer still doesn’t seem interested in offers…
