Current mileage: 18k
Maturity mileage: 30k
Effective miles per month:1700
Maturity date: 10/15/21
MSD due (if any):None
Cash due (if any): None
Incentive for new lessee (if any): None
Financial institution: BMWFS
Transfer fee:500
Out-of-state transfer allowed (yes/no): Yes
I am offering up for lease transfer my 2018 M5. Currently has 17k miles on it (13k remaining). Lease is up 10/15/21, so this is an excellent opportunity for someone to drive an amazing vehicle for a short while. Between my R8 and X5M i really don’t drive it that much anymore, and will have an X3M arriving soon.
It basically has every option available for a 2018 except the TV’s. This is my 7th M5, and one of my favorites.
If I’m not mistaken, BMW doesn’t allow modifications to the car on leases. The car has to be put back to original, which means the tune and the exhaust. And at what expense?
Then the assumer may need to pay shipping and wee will need to pay the lease termination fee at lease end. Depending on the residual and expense to undo the modifications, it may make sense to sell to Carvana, etc.
Based on the above, maybe an incentive might be in order? I’m sure some folks will weigh in here.
Just one opinion from a crazy person on the internet.
2018 M5s are going for mid-80s at the Mannheim auctions. Hence why I mentioned shopping it around to CarMax and the like. It’s a high MSRP car, which many franchised dealers shy away from because making it a CPO makes it appear priced as less competitive. At that point the dealer has to find an option shopper, looking for a specific car with specific options.
Citing one sale in the northeast on 2/8/21 that went for $83,100, granted it had 1k miles on it. Giving OP the benefit of the doubt in having a highly desirable car.
