Year, Make, Model, and Trim:
MSRP: $120,745
Current mileage: 5,000
MSD due (if any):
Financial institution: BMWFS
Vehicle condition (accidents, tire wear, etc.), options, and other details: Vehicle in Showroom Condition.
Photos:
GOAT
May 27, 2022, 10:32pm
3
He’s adding 10k cash so more like 2% over sticker
Is the $1964 factoring in the $10k down payment?
Or $1964 plus $10k down?
1 Like
It said effective of 19xx so I assumed it included
@Bilal_Raja
Probably best for you to confirm
1 Like
Isn’t this VA, where the tax is on selling price and not depreciation?
Yes. Tax for VA is based on sales price which is paid upfront.
Yes but people are asking you to verify that with the $10K at takeover if it makes your current effectively $19xx
Or, if it’s $19xx and you’re also asking for $10K at takeover
Oh that’s no bueno at 19xx payment + $10K due
That’s an effective of close to $2300
9 Likes
Thats $72,858.88 to rent a 121k car for 32 months. You could probably get it cheaper, new from a dealer. Virginia taxes probably screwed you but this is not going to do well here. Try SAL or something.
8 Likes
For anyone seriously interested. I’m willing to negotiate on the cash due at takeover. Just PM me.
Currently there isn’t much inventory and dealerships are wanting 7.5-10k over msrp.
I assume you’re paying $1900 a month until you transfer. And probably not driving much. That adds up quickly.
No they aren’t. I can get an X5M for significantly less then 7.5-10k over.
I don’t know why anyone would take over your lease when they can walk in and get a brand new one for less… do some research before you post.
26 Likes
People get greedy. Not sure who in the right mind would pay 2k+ Monthly for an X5M.
An msrp deal on a $120K X5M comp is about that right now w first only
Thank you all for the input!
Right, but OP wants 10k down.
1 Like
IAC
May 30, 2022, 4:11am
21
I’m under list on these and have allocation available…
1 Like
This is bad, especially on a forum like this. Like someone said, residual should be like 35% with this deal.
