Current mileage: 17,523
Maturity mileage: 35,000
Effective miles per month: 794
Maturity date: 4/25/27
MSD due (if any): $0
Cash due (if any): $0
Incentive for new lessee (if any): $1900 contribution that takes monthly payment down to $700, we pay transfer fees
Financial institution: Ally
Transfer fee: $0 (seller pays)
Out-of-state transfer allowed (yes/no):
Vehicle condition (accidents, tire wear, etc.), options, and other details: Vulcano black metallic exterior color, red leather sport seats, heated front and rear seats and steering wheel, active assist plus package including lane keep and adaptive cruise control, panoramic sunroof, all wheel drive, and premium Harmon Kardon sound package. One previous accident, fully repaired with OEM. Car also comes with nearly new Bridgestone snow tires as well as original tires still in good condition, and with rubber floor and trunk mats.
This is not a lease transfer form; they’re actually more detailed than that. Even BMWFS’, which is the gold standard, is about 3-4 pages. The link you posted is for the transfer of a “vehicle service contract”, which is basically the warranty or service plans you buy in the F&I office (when signing paperwork). Even says “Universal Warranty Corporation” at the bottom of the form…
I called Ally this morning and they confirmed they don’t allow lease transfers—only adding an authorized user who can make payments on the car, but to the point @Bumboola made, liability does not sever so if the new person didn’t make a payment, it would hit my credit. So I guess this isn’t an option after all which is super frustrating as I’m making a pretty unexpected move out of the country and the dealer buyout leaves a ton of negative equity
Thanks everyone for your input, this was really helpful