Lease takeover: 2015 BMW Z4 s28i $359/mo, zero down!

@vachier

I read your replies, they all make sense if you want “better” but the person assuming a lease doesn’t necessarily want that, he wants:
a) short term lease
b) enough miles
c) cheap payment
d) least amount of upfront money
e) doesn’t want to deal with putting a car back together upon lease return

You got A through C covered. D & E are your problem, and I think stick shift is also your problem but you claim it’s not so I’ll take your word for it.

If I was in your shoes, Since you’re willing to replace, I would not mention the speakers or the tires in your ad. While it’s an upgrade to you, it’s a headache and expense to someone else and someone might question whether or not you did other mods which would require more expenses at lease turn in (I hope you didn’t). If you want to mention later once the transfer is done, you can but for the reasons mentioned above, I would just not mention it in your ad. If the person doesn’t want it, after the paperwork is done, go put it back together and hand over the car. If the person wants it, you can just keep it as is. About the rear windscreen, mention that it removable and costs $350 and you’re giving it with the car for free. People understand it’s not a mod but an accessory and they will value the added benefit.

If I wanted to get rid of the car quickly, I would offer an incentive. I think half the transfer fee is a good incentive in your case because if your attractive payment and miles left to drive. The reason why I say that because a lot of people only search for cars that have an incentive applied to it. $250 isn’t a lot to get it done quickly and not to have to pay another monthly payment and insurance.

So if you were to do all that, now a person looking at this car would think:
short term, enough miles, cheap payment, only $250 to take over the car, all original and I get a free $350 wind screen. Assuming that stick shift isn’t much of a problem as you suggest, this should be a no brainer for someone to take over. Heck, if that car was in FL and I needed a car I’d even take it, because even though I wouldn’t want a stick shift car, I’d take one because it’s so short term that I wouldn’t care as I would look at it as “a cool sporty car for a few months”.

In regards to the BMW transfer:
I’ve done it where I started the process on a Monday and the car transfer was complete on Friday, 5 days later.
Stage 1: fill out credit application which is done online
Stage 2: Both parties get a bunch of documents to fill out which you have to mail back. Both parties mail it back via overnight to speed up process.
Stage 3: Review and approval by BMW. Then they need to mail some documents back for the new owner to take to the DMV to complete tag registration, you can also pay for that, but I believe you have to have a Fedex account number and ask BMW to bill overnight charge to your account number. Like I said before, I did it in 5 days, BMW is really good about reviewing documents quickly. As long as both parties provide accurate info and pay for overnight, you can do it quickly.

In regards to @Phantomcypher comment about lease extension, yes you can get one, but how long of an extension is not a guarantee and takes some finesse. They’ll give you 2 months no problem if you say you’re shopping for another BMW but beyond that it becomes a negotiation because they really don’t want you to keep driving that car, so by flat out stating your an get 6 mo extension like for example Lexus would give you, it isn’t accurate because it’s not a guarantee and you shouldn’t make any promises In your ad if you were planning on mentioning it.

I also wanted to mention that BMW is not allowing lease transfers during last 6 mo of the lease so you don’t have a lot of time left to do it.

I hope this helps you move your car quickly. I think it’s a really good looking car in that color.