Current mileage: 8,700
Maturity mileage: 37,922
Effective miles per month: ~835 miles per month (~10,000 miles per year)
Maturity date: February 13th, 2029
MSD due (if any): $0
Cash due (if any): $3,300 to me and $500+tax transfer fee to BMW
Incentive for new lessee (if any): $0
Financial institution: BMW Financial
Transfer fee: $500+tax (paid by buyer)
Out-of-state transfer allowed (yes/no): yes
Vehicle condition (accidents, tire wear, etc.), options, and other details:
CA Registration paid through June of 2027!! ~$700 value
Vehicle is in perfect condition
1000 KwH of Electrify America UNACTIVATED
Photos:
Black Sapphire Metallic exterior, Tacora Red interior, 19” wheels
When exactly does the warranty expire? Looks like it can be extended thru at least May or June 2029 at $305/mo while still under full warranty and without losing any DMV. Which means even lower effective monthly as DAS will be amortized over 38 or 39 months.
Correct! Originally warranty expires June 2029, but the car is actually CPO so there’s an additional 1 year unlimited mileage warranty that can be transferred to the subsequent owner!
Since the registration also isn’t due until June of each year, the lease can be extended without worrying about paying a registration renewal for the partial year. Extending the lease at $305/mo + tax is a great way of lowering the effective monthly.
Right! The reason I asked about the original warranty expiration is that it will be within a day or two (or a few at most) of the DMV cycle which means that June would probably be the sweet spot for extension without losing any DMV fees or having to pay for the full new year.
Reduced DAS by $700 for an effective $399/mo payment! Dropped for a shot at a quick and easy LH deal. Absolutely will not negotiate on this number. Will send to SAL if doesn’t move here.
- it’s a good deal!