Current mileage: 12,049
Maturity mileage: 24,512
Effective miles left: 12,480 total miles left if the lease is not extended
Maturity date: 05/07/2021
MSD due (if any): 2450
Cash due (if any): 5250
Incentive for new lessee (if any): N/A
Financial institution: BMWFS
Transfer fee: $550
Out-of-state transfer allowed (yes/no): yes
Vehicle condition (accidents, tire wear, etc.), options, and other details: Please see photos for the monroney, but some options include M-Sport package, third row, drivers assistance plus, CarPlay, etc. Looking for best offer; otherwise I’ll keep it. Lease can be extended from one month up to six months based on prior history.
I don’t agree with your math. In any event, I suggest you look at the mileage amount, the options, and the ability to extend up to six months in forming your opinion. It’s a targeted short-term deal for a family looking for an occasional third row with virtually every option aside from night vision and RSE. And even then I said best offer.
I still disagree with your math since you ignore the flexibility to extend the lease up to six months. Even then, who’s getting an X5 5.0 for less than $1,000/month with those options and that much mileage on a short term deal?
The math is the math. There is no guarantee of being able to extend the lease a year from now.
If it works for someone, that’s great, I just don’t think you’re going to have luck with it here at that price. There’s not really anything amazing about the mileage… It’s basically a standard 12k/year mileage that hasn’t gone over.
You are correct. That’s the total miles left before any further extension of the lease. I’ll update that now.
As far as wear and tear goes, the car has about 12,000 miles so replacing tires is a bit of a stretch considering the short term nature. Wouldn’t you agree?
Sorry to hear that happened to you but the I have never paid for replacement tires on any Bmw that I’ve leased since I first started in 2002. The only time that I got dinged was when an inspector discovered a nail in one tire about 6 years ago. I have turned in bimmers with as little as 1/32 tread with no penalty.
