You’ve got to put the MSDs in the thread title too - this is very unlikely to move here considering you’re asking 14k down (i understand a lot of that is MSDs) + transfer fee and the buyer will likely have to pay their local taxes upon registering the car too.
Definitely don’t recommend putting MSDs down if you intend to swap your cars in the future
I understand, just saying this is way higher than what people would be willing to pay here
I’d throw it on Swapalease too but I would be prepared to adjust your expectations on how much cash down you are trying to collect. This car is not worth the 1100/mo effective you are asking for it, but you would have a better chance on SAL
OP may have better luck on SAL as this would be the cheapest 8 convertible available and without the down payment requirement actually beats the 4 series convertibles available as well. OP needs to polish his post and get some nice pics on for SAL. I would even just remove it from here.
The big hurdle is the MSD even for SAL as MSDs only benefit the first lessee with savings if they keep the lease for its entirety. Anyone else taking over has 0 benefit. Maybe OP does the math and reconsiders his ask to $4k down to make the total Cash $10k out of which new lessee gets $6k back at end of lease.
Exception alert: probably first and possibly last time I’m disagreeing with Mani on anything. The transferee benefits exactly as much as the original lessee as they get exactly same dollar and percentage discount for the remainder of the term. Let’s say it’s a X% discount and the car is transferred halfway through the lease, then both of them benefit absolutely equally getting exact same discount in both dollar and percentage terms while being separated from their money for exact same period of time. Obviously, it rarely happens at halfway point but then you just prorate number of months and you end up with the same bottom line.
On the more subjective note, one can argue that transferees may not be as hacking savvy as their original lessees and might not be able to get that discount in the first place. YMMV as always.
The only problem here is a large cash outlay which is an issue for a lot of people, even the ones who actually understand MSDs (most don’t).
Lol you are, in fact anyone is always good to disagree with me how many ever times possible. At the end of the day, we are all learning something new every day no matter how long we have been hacking
What I meant by stating that anyone else taking over lease has 0 benefit, is because new lessee wont have any data to work against to calculate if they are even saving anything by laying the extra refundable cash out for OP for the remaining months. Its an existing deal with no option of leaving out the MSDs right ? so what would u calculate the savings from then?
Like in this case, there are not many cars available on SAL, but if there were many listings for the same car to choose from and if there was others listed for similar monthly payments (slightly higher or slightly lower), anyone would choose the ones without MSDs.
Hence, MSDs only work for those that keep the lease for the whole term to lower their TCO.
It’s already baked into the payment, so you know you are saving ~10% depending on the program vs the same deal on this particular car - that you presumably like - without the deposits.
Well, not to hurt the OP here… but the MSDs can always be negotiable. Not necessarily in this particular case as he’s also asking for 7k DAS.
