2023 BMW XM lease transfer $1,508.82/month plus tax and $4,500k down

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Year, Make, Model, and Trim: 2023 BMW XM base
Location: Ponte Vedra, Florida

MSRP: $162,495
Monthly payment (pre-tax): $1,508.82
Effective monthly payment (if incentive is provided): N/A

Current mileage: 5,747 (it was a demo car at around 5k miles)
Maturity mileage: 35,328
Effective miles per month: 872
Maturity date: 12/09/2026

MSD due (if any): N/A
Cash due (if any): $4,500
Incentive for new lessee (if any): N/A

Financial institution: BMW FS
Transfer fee: $500
Out-of-state transfer allowed (yes/no): yes

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

Photos: posted on SAL

PM me for any questions.

3 Likes

Updated down payment to $6k negotiable.
If you are interested please make sure your credit is good and you had leases before. (I already had 2 people rejected by BMWFS)

1 Like

Updated down payment to $5k negotiable and current miles.

Super Nice car - I had the same issue

That’s why I use LeaseTrader now- they screen buyers by running their credit before they can get in contact with you. swapalese lets anyone contact you

most dreamers (people) have no credit

3 Likes

I disagree.

My credit is rock solid- ive done lease transfers witb BMW in the past and have always been approved within seconds of submitting credit app.

However, i dont think i would ever give my info to leasetrader for them to do a credit pull.

I seriously doubt they’re paying for a full credit report. The cost would be prohibitive.

More than likely they’re using a screening product that’s more like, “Hey, Experian, I’ll give you 50 cents if you can tell me if this guy’s [insert name of risk model] score is above X,” and they’ll get back a yes or a no.

Your name and address?

funny everyone says they have great credit! then they are denied

@li8625 @drdvrgs

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Dude I’m at like 25k incentive on these lol. I’m not going to be jerk like @drdrvgs and shout BS offers

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I changed the title to be clear the monthly is $1,508.82/month plus tax

I think BMWFS wants me to keep the car.
Another person got rejected. :face_with_symbols_over_mouth:

You just got it November- tell me the story - lemon it

Got a great deal on an AMG SL 63.
Plus the XM is too big for me…

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I think that Benz dealer know about leasehkr-

Told me to stop chasing unicorns

Unfortunately that has been the pattern with high-MSRP bmw vehicles. Not only does credit have to be as good as, it may need to be better than that of the current lessee. Also, the one looking to assume the lease will need to have prior leases with the same commitments (e.g., history of payments and duration of similar or higher amounts). What you’re describing unfortunately sounds similar to folks trying to move 7-series or other high line vehicles.

Good luck… may just need more time. Or Plan B

Florida may not have snowy offramps, but it does have…

Just need one to puncture the battery cradle.

6 Likes

If that’s the case I’m fxxx, I have too good credit…
Plan B is to just keep it ( I wish my wife would like XM over her EQS…)

updated down-payment to $4,500

So when I finally found someone with good credit to transfer the lease to BMW FS canceled the transfer.
It seems there is an open recall for XM but the service has no parts yet. And they have no clue when they receive them.
Not sure if this affects all XMs or only mine…

I transferred a bmw with open recall on it and it just went thru yesterday (stage 3)

:upside_down_face:

1 Like