Low payment on BMW X5 50i in fantastic condition. $78.35K MSRP. NY sales tax have been paid upfront (no tax on payment in NY and CT). Mint inside and out.
Nice car! I just started looking at x5s last night. As my gls seller went with a higher bid after he sent back our paperwork to mbfs and I waited for 3 weeks and he never told me. I wish this would work for us but we need a lot more miles. Good luck should go quickly.
I wouldn’t have minded if he had told me he was going with someone else but totally strung me along saying he was overnighting me paperwork as soon as it came back from mbfs. Being it was my first swap i thought the delay was normal but swapalease rep said they delay is after the paperwork comes back. Now I know.
Anyway sorry for the rant good luck with the car it is beautiful!
Just FYI - NY taxes are lost if the vehicle is transferred out of state in most cases but better than if you rolled them into the payment. Effective payment is $800/month in NJ for example. Still a decent deal.
OP should considering picking up the transfer fee since between that and the deposition fee it’s adding another $65/month to the payment for only 14 months.
This was a lease transfer from NY to CT and no tax was added
Re: Three 330 loaners - you can always go for it, tie them up and use it as a train, but for those who need an X5 in mint condition with high horsepower this is a fantastic price, especially NY and CT residents who would not pay ANY sales tax on the $750
In CT, the original owner/lessee is exempt from sales tax if they prove it was paid in another state. I wouldn’t be so sure that the new leesee wouldn’t get banged when they go register the car in CT because they aren’t exempt. Also, wouldn’t shock me if NY tries to charge a new lessee sales tax again since the car left and came back and the car is being retitled. Probably better off letting someone figure out the sales tax situation on their own.
The 330e comment was a joke and directed at @vhooloo. I wouldn’t call this a “fantastic” deal btw… here is an almost $20K higher X5 50i for $799/month plus fees that no one has jumped on… pretty common here to get ‘18s under the 1% rule. Swapalease typically allows you to command a premium so you may have better luck there.
First, I have two interested parties going through credit check (both agreed to pay the transfer fee), so whatever you say is very much irrelevant.
Second, the X5 you mentioned has almost $5000 drive off vs my $500 transfer fee - you feel that’s comparable?
Lastly, I assumed the lease from someone else who got in in NY - and guess what - CT did not charge me any extra tax, and I checked with NY - no more tax on next lessor.