2020 BMW M340i | $62,220 MSRP | $596+TAX $1500 DAS | 17 MONTHS | ULTRA LOW MILES, Fully loaded, Mineral Grey Metallic

Year, Make, Model, and Trim: **2020 BMW M340i | MSRP: $62,220
Location: Southern California / Riverside, CA

MSRP: $62,220
Monthly payment (pre-tax): $596.75
Effective monthly payment (if incentive is provided):

Current mileage: 991
Maturity mileage: 30000
Effective miles per month: 1,176 (17 months left) / I average 200 miles per month since WFH.
Maturity date: 11/30/22
End of lease: $35,566.44

MSD due (if any):
Cash due (if any): $1500
Incentive for new lessee (if any):

Financial institution: BMW Financial Services
Transfer fee: $500.00, paid by new lessee
Out-of-state transfer allowed (yes/no): yes

Vehicle condition (accidents, tire wear, etc.), options, and other details:

I leased this car on November 30, 2019 from BMW Ontario and was dealer transferred from Long Beach BMW. It is an amazing car, the body lines, color, sounds, ultimate driving experience, all of it has been so amazing. This car was the first time I got into a brand-new BMW, and it has been amazing. I am transferring this lease now because I am looking into different financial interests. Sadly, I must put away the toys, I did not have any intention on getting rid of the car, I have been saving for the buyout at the end of the lease, but after thorough discussion, its best to get rid of the car sooner than later.

Car is pretty much in well above average condition. Recently had an oil change at BMW Ontario, and all maintenance records/forms are kept in glove compartment. Car has driver professional assist package, navigation, premium, comes with a free maintenance plan + many more see window sticker.

DRIVING ASSISTANCE PROFESSIONAL PACKAGE
Extended Traffic Jam Assistant for limited access highways+
PREMIUM PACKAGE
Head-up Display
Heated Steering Wheel
Heated front seats
DRIVING ASSISTANCE PACKAGE
Active Blind Spot Detection
Active Driving Assistant Pro
Lane Departure Warning
Ambient Lighting
Driving Assistance Package
Driving Assistance Professional Package
Harman Kardon surround sound system
Park Distance Control
Premium Package
Remote Engine Start
Active Guard
Active Protection
Alarm System
Apple CarPlay Compatibility
Auto-dimming interior and exterior mirrors
Auto-dimming rearview mirror
Comfort Access keyless entry
Connected Package Pro
ConnectedDrive Services
Daytime driving lights
Dual Zone Auto Climate Control
Increased top speed limiter
LED Headlights with Cornering Lights
Live Cockpit Pro (incl. Navi)
Lumbar support
Power Front Seats
Runflat tires
SensaTec Dashboard
SiriusXM Satellite Radio with 1year All Access Subscription
Storage package
Tire pressure monitor
Universal garage-door opener

If you have any questions feel free to reach out!

Note: BMW Financial Services lease transfer is initiated with an approved credit application (through Stage 1) by the date 6 months from lease maturity (May 30, 2020 in my instance) that the process can execute fully (through Stage 3) after the “6 month prior” date has been passed.

Photos:














3 Likes

200 or 2000 miles/month ?

I work from home currently averaging about 200 miles per month

I believe that line is meant for average miles per month remaining.

Oh youre correct sir sorry for that let me fix

Beautiful car, GLWT!

1 Like

I guessed on your options but looks like Vroom is offering you around $46K, so depending on what your payoff is currently, they could be the easy route.

1 Like

At effective $713 + tax, you will be better off advertising it on SAL.

Where did you get the $713?

(596*17 + 2000) / 17

Money due at signing and transfer fees factored in hurt shorter term transfers more.

3 Likes

Agreed the DAS+fee kills the payment. Might work if someone wants to pay a premium for shorter term.

I wouldn’t say kills it, but bumps it up to be market average in an expensive market. It will still kill some offers given by BMW dealers to clueless shoppers so I bet this moves on SaL.

This might still be great for someone looking for a short-term lease who wants the 2020 vs. 2021 model year M340i to avoid the mild-hybrid engine. Though I think with an effective $699 payment you would be more competitive (i.e., $1250 DAS + $500 transfer fee). Good luck!

4 Likes

pm you, le tme know if sold already