Lease Transfer: 2023 BMW Z4 M40i, $75k MSRP, $1386/month, 24 Months Remaining **Will include $7500 Cash Incentive**

Private Transfers
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Year, Make, Model, and Trim: 2023 BMW Z4 M40i
Location: Phoenix, Arizona

MSRP: $75,870
Monthly payment (pre-tax): $1386.50
Effective monthly payment (if incentive is provided): N/A

Current mileage: 6588
Maturity mileage: 22500
Effective miles per month: 625
Maturity date: 5/30/2026

MSD due (if any): N/A
Cash due (if any): N/A
Incentive for new lessee (if any): $7500

Financial institution: BMW Financial Services
Transfer fee: $500 (According to BMW)
Out-of-state transfer allowed (yes/no): Yes

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

Warranties included:
BMW Multi-Coverage Protection: $2599
Mechanical Breakdown Protection: $675

*I will have the car professionally cleaned/detailed prior to transfer

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Power Punch GIF by Major Lazer on FXX

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Ouch……why did you buy an extended warranty for a lease? You could buy this for less.

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Yikes, that is one insane rate. With that monthly, purchasing would have been better as you would have stayed ahead of depreciation on a 48 or 60 month term with a similar payment so you would have had something to show at end of term. This is going to be a rough transfer without a serious incentive as someone can just go get their own.

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Damn. This is M4/M5 territory

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Haha yeah I got suckered into that one… The warranties are cancellable though and their pro-rated throughout the duration of the lease.

So with 12 months used, if cancelled now the refund would be around $2000…

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I agree the monthly rate is pretty high… But the car is fully loaded and has $1500 red seats along with the Skyscraper Grey Metallic paint which is $650…

Another thing is I didn’t put any money down on this Z4… So this is the $0 money down sign and drive lease rate.

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It’s a nice ride no doubt but consider the target audience here.

I’d be looking at bimmerpost and SAL if you expect to get this out in a timely fashion.

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Just like IAC said, that is your biggest issue here. Also I am assuming that this was a 36/39 month lease? Going over 50% of MSRP for the term is rarely successful here. Good luck and hope you do get out of it but won’t happen here unfortunately

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The best thing you can do with this is drive it off a canyon

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Or he could just park it on skid row in downtown LA. It would surely be “gone” at that point.

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Cash incentive has been updated

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Cash incentive has been updated!

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  1. I hope you have cancelled these already and received your prorated refund. Not sure why you still have this posted if u have already cancelled.

  2. Fill the effective payment field with your $7500 cash incentive applied to your pretax payment and put that $ amount on.

  3. After you have taken steps 1 n 2, call SAL and ask for their platinum ad special for $200 and list it asap.

  4. unlist it here as its not going anywhere on this site and people will just unnecessarily comment or dm you.