Year, Make, Model, and Trim: 2020 BMW 840 Gran Coupe x drive
Location: NJ/NY tristate
MSRP: 95,xxx
Monthly payment (pre-tax): 772
Effective monthly payment (if incentive is provided): 772
Current mileage: 23,000
Maturity mileage: 36000
Effective miles per month:2600
Maturity date: 10/8/2023
MSD due (if any): 0
Cash due (if any):0
Incentive for new lessee (if any): 0
Financial institution: BMW financial
Transfer fee: $ 500
Out-of-state transfer allowed (yes/no): yes
Vehicle condition (accidents, tire wear, etc.), options, and other details:
No accidents. In good condition. Some superficial scuffs (nothing major or easily visible).
Tires are good.
Color: Carbon black metallic with ivory white extended merino leather
Packages on car: driving assistance package, msport package
Photos:
1 Like
Jon
May 6, 2023, 3:05pm
2
You can’t transfer with only 5 months remaining.
1 Like
Ah. I didnt know thank you for pointing this out.
1 Like
Can they extend then transfer? or doesn’t matter.
Can try getting quotes from autonation, driveway (or whatever ebuyer has a bmw in their network)
I can’t confirm but this might actually work.
Amazing payment on a short term lease for someone. Really, really solid deal if it can be transferred.
OP, I’d be calling BMWFS on Monday and ask them if you extend one month now, does that allow transfer?
If not, talk to @DNA_Auto_Wholesale1 and see if he can offer anything, not sure if 8’s really have equity or if you can get out clean, but always worth an ask!
1 Like
GeoV
May 6, 2023, 5:07pm
7
If you can extend, I’d be interested.
Thanks All.
I will call BMWFS and see if i can extend and transfer.
I tried a couple of dealers here but really cant get much equity out of it.
2 Likes
Definitely talk to Adam regardless, even if you can’t get equity, at least he can get you out clean, which would be the same effect as transferring as far as you’re concerned.
@DNA_Auto_Wholesale1
1 Like
vaibh
May 6, 2023, 6:08pm
10
also interested if you can transfer after extending
Interested if you can get it extended as well
Interested. Get it extended and I’ll take it immediately
Hopefully you can get out clean by selling to a wholesaler/ dealer
Shamelessly trying to skip the line
Update: Thanks for all the help and interest. Adam over at DNA auto bought out the lease from me. Thanks Adam!
1 Like