REOPENED: I am ready to trade this vehicle to the right person. I am targeting $5,000 down + $5,600 MSD (refunded to you if you buyout the vehicle or if you wait till the end of the lease). I am in San Diego if you want to see the car in person. I already bought a new car (Toyota Tundra) and don’t plan to put much more mileage if I find a buyer.
Confirming: Also willing to sell for ~$64.5k (or current buyout price + $5k). This is definitely below market in Southern California). I request that the transaction is completed via AAA to make sure everything goes according to plan. Flexible if you prefer this! Definitely some equity in there for the right buyer.
ORIGINAL POST:
Absolutely love this car but due to some changes at work - I need to do a ton of driving and am looking for a new DD!
See below for details on the car. The big thing for me was the driver assist + package for the ‘self driving’ as well as the Dynamic Handling package for the better ride quality / read wheel steering / etc. ALL miles are highway miles. Prepaid maintenance included until 36k.
Year, Make, Model, and Trim: 2021 M550i
Location: San Diego
MSRP: $88,650
Monthly payment (AFTER-tax): $799
Effective monthly payment (includes deposit): Close to $1,200 (calc’d by nyclife & ApexHunt below)
Current mileage: 35k
Maturity mileage: 45k
Effective miles per month: 714
Maturity date: 12/31/2023
MSD due (if any): $5,600
Cash due (if any): $5,000
Incentive for new lessee (if any): n/a
Residual Value: $49.6k
Financial institution: BMW FS
Transfer fee: Standard
Out-of-state transfer allowed (yes/no):
Vehicle condition (accidents, tire wear, etc.), options, and other details: Basically new
Photos: