Lease Transfer: 2023 BMW 540 M-Sport xDrive - $648.85/mo

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Year, Make, Model, and Trim: 2023 BMW 540 M-Sport xDrive
Location: Long Island, NY

MSRP: $72,185
Monthly payment (pre-tax): $648.85
Effective monthly payment (if incentive is provided):

Current mileage: 21,150
Maturity mileage: 42,528
Effective miles per month: 855
Maturity date: Dec. 12, 2026

MSD due (if any):
Cash due (if any):
Incentive for new lessee (if any):

Financial institution: BMW Financial
Transfer fee: $500
Out-of-state transfer allowed (yes/no): Unknown?

Vehicle condition (accidents, tire wear, etc.), options, and other details:
Great condition. No accidents. Recently replaced all 4 tires with OEM Continentals. I paid taxes upfront I believe, but not sure how that’ll work with transfer.

Photos:
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4 Likes

:heart_eyes: white always looks nice.

Taxes will be paid again on remaining payments on new owner, regardless if paid upfront or included in monthly.

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I miss mine, what an amazing looking car when it’s built right. GLWT

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Love my 540. Has almost the same build other than the wheels. GLWT!

Could you clarify?

So if you roll the taxes on a 36 month lease and the monthly payment is “Y”, if you transfer it at 18 months, the transferee pays taxes on “Y” x 18?

Example

8.875% nyc tax

300.00 base rent (payment

18 months left

300 x 18 =5,400 x 8.875% = 479.25

$479.25 plus reg/plates is owe at DMV

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Got it! I thought it may have been tax on tax.

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Hi, interested however looking for 1250 miles per month aka 15k miles per year.

So buy more miles after you take over the lease

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He’s off to the loaner factory!

PJ

If you interested in this car but concerned about mileage its a no brainer. Your saving $4-5k down payment, even if you gotta pay the miles at the end, who knows even if you get a another bmw might be a wash if your not over too much

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Intrested. I sent a PM