Question, and I’m a newbie, so I apologize if I’m missing info, etc. A lease transfer is being offered on a BMW 228i (loaded)
23 months remaining with 23,182 miles left.(12818 driven already)
Current buyout quote for the car is $32,663.15
Seller looking for 4k down
Monthly payment is 429
Transfer app is $600 and apparently must be through bmw financial
Thanks for any help and let me know what other info is needed!
Define “loaded”?
What’s the MSRP of the car?
$602 a month to drive a 228i… I’d pass. Also, that is considering if tax is already included, if not add more. VA I think has some unique tax laws for cars/leases.
Surprisingly, although that effective lease cost is not a “deal” per se, it is probably (sadly) normal market pricing. Man have these cars become inflated. The M235 version of that car was a sub $400 effective payment not that long ago.
The MSRP was $44813
There are brokers on here that have 8% off plus incentives on 228i orders. Doing some quick math, with $4k down on 36/10 lease. Payment on new 228i with similar msrp would be $100 less a month(around $500), compared to that lease takeover effective monthly payment. Market has changed these cars now have discounts, seller needs to drop the money down to at least $2k.
This doesn’t look very appealing so maybe elaborate on what you’re looking for in a vehicle (priorities ranked, since they are sometimes in conflict with each other) and what your budget is.
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