I actually have a 2017 as well but I cannot transfer at the moment because of the driveshaft recall. No eta on the replacement part. Until that is taken care of, no transfers are allowed. just FYI…
He had it remedied, thank you for the tip!
Cool. Waiting for BMW NA for a remedy asap
This may be a bit of a tough sell due to the availability of a new M3 CS for a comparable monthly ($900).
But it isn’t… i didn’t question your title. I question you saying it is roughly $472 a month. Sure you write a check for 472 but again that isn’t the true cost. Any case I am sure you understand the overall point.
I think you are failing at reading the post properly. He was asking about clarification on the mileage and with the adjusted starting mileage he is averaging 472 MILES a month. 472 and $472 are different things. It’s not that I am having trouble understanding your point, you are having trouble understanding the structure that the monthly payment is fixed at what it is right now, because of a unique case. Whoever assumes the lease can is fixed at its rate of $496+ Tax.
With the lowered downpayment plus transfer fee this comes out to roughly 885 a month adjusted. Correct me if I am wrong but this looks to be a demo car when first leased? I think this is an ok price but you can find better deals on bmw forums.
Have you see any recent posts I’m trying to find a comparable structure or payment (LH only found lower MSRP’d cars)
@samson is trying to help a buddy. I don’t think everyone piling on indicating this is a “bad” lease is fruitful. Let the market decide. The guy is a valued member on the forum. I think he knows what he’s doing and talking about.
If you go on bimmerpost, there is a 2018 cs m3 with msrp of 101k listed for 808 monthly with 3k incentives with only 2xx miles on it.
Completely agree. I think some members were trying to say that maybe the 5k (formerly 8k) due to seller was a little egregious, otherwise this presents an awesome opportunity for someone.
Honestly, if there were no money down, I probably would have seriously considered flying out to get the car myself. 496+ tax is an awesome deal, in my mind for the car. Just don’t have 5k to flush down the drain, at the moment.
People have texted offering him “I’ll take the car right now $0 down, no transfer fee” I told him I’ll take his car at that rate!
Well, that would be the dream, wouldn’t it?!
Hopefully your friend is able to find someone making a reasonable offer real soon. Best of luck to him.
Thanks bud, this feels like a flash back of my first post on this site
Best we got so far is $4,000, but minimum he wants is $5,000 if he can’t get it he’ll just ride it out. I think that’s why he was shooting for the stars at the beginning because people would ask for less regardless.
This just isn’t a very good deal. You have to put down $5k plus $500+ transfer fee and will likely need new very expensive tires right before turn in which is in barely over a year. Transfer takes at least a month to go through so depending on when payment is could easily be only 14 months which brings nearly a $950/mo payment.
It is, however, a great deal for your friend who just has to keep paying $500/month. Sorry but I don’t see you actually recouping much of that $8k. Shocked to see somebody offer $4k.
I sent that 4k offer because I think it is reasonable not because I want to ask for less. (5000 + 500)/16 + 496 = 839.75 which is a fair deal. There are lots of m3/m4 on bimmerpost in that range. (4000 + 500)/16 + 496 = 777.25 is a good deal. If it is a fair deal, it may take months to get rid of it. Anyway, good luck
I made that offer!
Comes with 2 extra tires
Imagine 496+tax sign n drive!! I’d burn it before a transfer it for that on sheer principle