Lease Transfer: 2022 BMW M4 Comp Xdrive Convertible. $1590/month $4500/down

Year, Make, Model, and Trim: 2022 BMW M4 Comp Xdrive Convertible
Location: Michigan

MSRP: $92,770.00
Monthly payment (pre-tax): $1,500.00

Current mileage: 12,800
Maturity mileage: 30,150
Effective miles per month: ~600 miles
Maturity date: 04/05/2025

Cash due (if any): $4,500.00

Financial institution: BMW Financial Services
Transfer fee: $1,000.00 ($500 transfer initiation, $400 transfer fee, $100 credit app fee)
Out-of-state transfer allowed (yes/no): Yes

Vehicle condition (accidents, tire wear, etc.), options, and other details: Pristine condition


Has this changed recently? I thought the sum total of transfer fees was $500 with bmw but there’s an extra $500 for “initiation” listed here.

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Nice color.

That’s the fees I was told when I called in. Not entirely sure besides that. I can call again tomorrow to confirm.

Thank you!

So if you amortize the down plus transfer costs over the remaining 29 months, and add it to the pretax monthly, you would end up paying about $3 per mile.

No, it’s still only $500. I just did a transfer last week. Very fast. Started on Monday and had the car on Friday.

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