2018 BMW 340xi lease transfer: $299/mo; $900 down plus $2100 MSD (Michigan)

Putting out a feeler for transfer of my 2018 BMW 340xi sedan. Black exterior with black interior. Options include navigation, Harman Kardon audio, moonroof, blind spot, rear camera, LED headlights/fogs/taillights, heated seats, and homelink review mirror.

It was originally leased as a retired loaner with 3100 miles. Nothing wrong with the car, but I do miss having a manual transmission. The car is my daily driver, so the miles will continue to increase but the average monthly allowance will stay around the same.

Will post pics later this week.

Year, Make, Model, and Trim: 2018 BMW 340xi sedan
Location: Michigan

MSRP: $55,600
Monthly payment (pre-tax):$282
Effective monthly payment: $299 with MI 6% tax

Current mileage: 7,146
Maturity mileage: 23,100
Effective miles per month: ~830
Maturity date: May 2021

MSD due (if any): $2100
Cash due (if any): $900

Financial institution: BMWFS
Transfer fee: $500
Out-of-state transfer allowed (yes/no): yes

Vehicle condition (accidents, tire wear, etc.), options, and other details: Demo vehicle lease began in May 2019 with 3100 miles. Fantastic cosmetic condition inside and out. Oil was changed in August.

2 Likes

Good payment for a good car

Just to confirm, it’s $900 to you plus $500 transfer fee (and of course the $2100 in MSDs)?

1 Like

Yes, the buyer pays the $500 transfer fee to BMWFS.

The $2100 refundable MSDs and $900 “down payment” for total of $3000 is paid to me.

1 Like

Really a great deal all things considered.

1 Like

Yes, I think it’s a really good deal, especially if someone doesn’t have BMW loyalty or missed out on the crazy loaners cars when I got it.

No rush to dump it, but I’ve been hacking some other cars on the side for friends and family, and I really miss having a manual transmission.

Hi

I am interested in this. I am from California. Can you PM me?

Metro Detroiter, here. PM sent.

Pending offer, but keeping the thread open for now.

1 Like

What are you getting next Rob?! It’s a tough world for those of us who require a stick :slight_smile:

1 Like

Mods can close or lock this thread, as I have decided to put the transfer on hold for now.