Year, Make, Model, and Trim: 2018 BMW 440I GRAN COUPE (ALPINE WHITE ) MSRP: $ 60,XXX Monthly Payment: $ 315 + TAX Drive-Off Amount: $ 2000 Months: 12 LEFTS Annual Mileage: 10000 MILES LEFT MF: at the time it was (.00166) Residual: .58% Available Incentives: Region: SOCAL Leasehackr Score: When I got it it was around 13.5 Saved Numbers on Leasehackr Calculator:
I have a bmw 440i GC I am planning to get out of, Private lease. It’s a ridiculously low lease payment, It’s white exterior on white interior, fully loaded to top. It has M-SPORT and Executive package. If anyone is interested in it, let me know. I’m planning to get rid of it in order to get another car. It’s in prestine condition it’s a short term lease. I’m asking for 2k down so effectively you’re paying 500$ a month for a 440I which is still extremely cheap. Please feel free to PM me your info if you’re interested. Located in SO CAL. It still has around 10k miles left to drive.
You mean on a USED car that is probably now worth $40k. It’s weird how people forget when they do private lease transfer that they’re inheriting a used car, so original msrp has very little relevance.
Come again? It’s weird how you have ignored that USED car leases are cost prohibitive in that they are based on dollar-based residuals as opposed to percentage-based residuals. If your logic had any validity, then why do we pay through the nose for daily rentals from Hertz, Enterprise etc. Aren’t they used cars too?
Back on topic. Finding a short term lease with enough miles on a car you like is a lot harder than getting one off a dealers lot. $540/month for a $60k car on a short term lease is solid, as @vhooloo and others have noted.
I don’t understand your point about rental cars or why that has any relevance here. Anyways, no one is saying leasing used cars are a good idea. But let’s not pretend that someone is getting a $60k car for $540/mo here. If the OP tried to sell the car outright, no one in their right mind would give him $60k for this car. That’s all I’m saying.
Now if you want to tell me that there’s a premium one is willing to pay for a shorter term lease, then sure, I’m all ears.
Where did anyone suggest that someone should pay msrp for a used car? Huh? You just debunked a non-point.
Next, yes, short term rentals are harder to locate. Hence, the long existing rental market which continues to thrive notwithstanding the jaw dropping amounts one pays for a few days’ use for a used car.
Last, whether one decides to pay a premium or not for a short term lease takeover is in the hands of the assumer/market. But your agreement to the potential of having to pay a premium pretty much undercuts your prior, unqualified suggestion that $540/month for a $60k car is not a good deal.
Nice try. Don’t accuse me of your inability to support your, now debunked point that this lease transfer is a good deal for a very nicely option 4-series.
Lol you’re ridiculous. Go back to your rental car argument on why they charge so much versus a lease. How about taking a business 101 class, or better yet, Business 100 for you.
Since it’s not yet clear to you, if one is leasing a NEW $60k car for $540/mo, I would say that’s an excellent deal. Leasing a used car that’s probably now worth $40k for $540/mo? Not as great of a deal, but clearly, there’s a market for it and someone will probably pay it. But you go ahead and keep rambling on.
The rental market is an alternative to a short term lease options. Unlike buying a car, you avoid full risk by leasing or renting. Perhaps you missed that point.
I feel that I am good company here. Several renowned hackers have approved the value proposition of this deal. You chose to take the negative approach and soiled OP’s thread. If that means I’m rambling, then I’m happy to be guilty.
