Hello. Looking to transfer lease for my 2018 BMW M3. Here are the details
I’m motivated to make this happen. If you are interested but don’t like the price feel free to make me an offer.
Purchase Date 8/13/18
Purchase Mileage: 4
MSRP: $81,045.00
Current Mileage: 13,010
Miles Allowed: 30,000
Maturity Date: 8/13/21
Months Remaining: 23
Lease-end Buyout: $46,195
Payoff as of 9/15/19: $68,996.01
Color: Avus Blue (BMW Individual Color)
Interior: Black Extended Merino Leather
Packages: M Competition Package, Executive Package, Driving Assistance Package
Options: M Double-Clutch Transmission, Active Blind Spot Detection, Apple CarPlay, Wireless Charging, BMW Ultimate Care Warranty
Extras: Extra winter set of rims mounted with Bridgestone Blizzak tires
Incentive: $2,500
Monthly Price Before Incentive: $1,081.61
Monthly Price After Incentive: $972.91
• Price above includes New York State Tax from Oneida County 8.75%
• I will pay the lease transfer fee
I’m motivated to make this happen. If you are interested but don’t like the price feel free to make me an offer.
I’m sorry but if you search the forum you will see there were several of these people got in the $700s recently. No doubt crazy deals due to the new model arriving soon , however doesn’t help your case here. I would try the lease swapping websites.
Do an advanced search to only search titles and even limit it to shared deals or whatever. Still have a bunch of M340 deals show up but certainly some threads on similar M3s.
Unfortunately NY state is the worst with sales tax as most people would likely be paying tax on top of the existing payment.
I think the simplest thing for you to do will be to take the car to Carmax, maybe your local dealer and Carvana/Vroom to get a sense for how much negative equity you would have if you sold the car vs the payoff amount. With that as your baseline you can decide how much of a hit you can take. If the amount paid in an incentive would end up being higher than just eating some negative equity you have your answer.
I always wanted an M3 so I got one. I had my fun with it but now want to move on to other things. I also had a Tesla last fall but had problems with it. They bought it back from me and now I’m going to give them another go.
