How Story Starts: Thanks to the forum here and noticed people getting equity by selling leases to 3rd party dealers. Got a quote from Vroom on my X3 M40i lease and it has 8k+ equity over payoff, so decided to start search on next cars.
My Goal: We all know right now it’s a seller’s market, so I did not expect to get unicorn deals during this market. My goal was to get the equity, and then maintain the monthly payment close to what I’m paying now for my 2 leases.
My Current Lease: Got 2 deals back to 2019 ($300 530i and $494 X3 M40i)
My New Lease: Started to inquiry multiple brands, Audi, BMW, Benz, Volvo, Infiniti… Almost all of the dealers were not budgeting much, 10% off MSRP pre incentive was the most… Luckily got an Acura dealer who gave a good number on a 2020 MDX ($410), decided to sign it before the deal was gone. The next target was a sedan lease, given the crazy market situation, decided to change my approach to negotiate the deals. My goal was to keep my monthly payment to around $800 for 2 leases, so I started to ask around which dealer wants to offer a sedan lease with monthly payment below $450. It came down to Acura TLX with tech package and 3 series loaner. Decided to go with BMW eventually to continue the loyalty and signed this 3 series loaner ($410), also returned my 5 series lease to the same dealer.
Story Ends: Sold my X3 M40i to Texas Direct Auto (Vroom) and got my equity check right away. To be honest, M40i is the best car I have leased so far and a lot fun to drive. But also hard to say no to $8k+ equity 
Once BMWFS received the payoff check, I should also get the full MSD back on the lease, also hopefully to get low mileage credit as well, will see 
Tips: For folks in Texas, you can get the online quote from Vroom and then bring your car to Texas Direct Auto. They will honor the Vroom price (they are the same company now) and I also heard some folks were able to ask even higher price when working with Texas Direct Auto in person. Overall my process was pretty smooth, they even honored an expired Vroom quote and got my check on the same day, no need to wait for picking up the car, checks, etc.
Now it’s the picture time 
Will definitely miss my 5 series and M40i. And will wait for a good timing later to try to get another unicorn deal, hopefully the wait will not be too long 
Again, thanks to the forum here and has learnt so much in past years. Happy leasing and happy hacking everyone
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