This will probably need about $5000-$6000 in incentives if you really want to move it. Love the car though. An i4 is my daily driver. Good luck with transfer.
You will have to give someone $5000-$6000 to takeover your lease based upon what someone can lease one of these new for today with similar MSRP, mileage, etc through a broker on this site.
You need to get it on SAL as this will never move here without a large outlay on the incentive as was said. Likely less incentive on SAL as many of those peeps are just clueless on the deal, but again there is seemingly an ass for every seat no matter what.
Ofc you can always try spending $100 on a swapalease ad and/or spending time answering “is it available?” questions on FB marketplace.
Maybe there is someone out there who needs this exact ending date and is prepared to pay more than a 36m lease starting today. If not you’ll probably need to be effectively in the low 700s on SAL after an incentive
Nice car, OP. To give you some better context though, here’s what someone can realistically get on a brand new 2025 LCI model i4 M50 with $0 driveoff, 15k miles/year, with Loyalty/EV Conquest with this month’s program (assuming exact same MSRP and your 7.75% tax rate):
So your base payment before tax is $100 more than what someone can get brand new from a dealer, on a newer body style too. You’ll need to account for that plus (1) the fact that yours is used, (2) the transferee needs to pay for $500+tax transfer fees, and (3) that the new owner will not get the benefit of free Electrify America charging since that’s not transferable (granted it’s quite limited now, but it’s better than nothing).
I would say a ~$5k incentive is not far fetched and is probably at least what you would need to offer to normalize the deal for someone.
It would be much more expensive getting out of this if you financed. Lease was the right move, just wasn’t the greatest deal compared to what was obtainable recently.
No, not the right approach, just post here before you sign your next LEASE and get some guidance… it’s a lot cheaper that way and you learn a lot…and I mean A LOT from this great community here.
Just keep that BMW for now and come back for your next one
