Want to get out of my lease. how to know how to price it?

I have a 2023 bmw 530E with 12 months left on the lease. I have almost 15k miles left on the lease. I’d like to put it on swap a lease but i dont know what I should ask for. I’m currently paying 550 a month and I had put 4,500 down.

Now is a good time to do it as a lot of people like 1 year leases. You can’t transfer under 6 months left with BMW.

Unless you got a smoking deal you may need to incentivize people to take over the lease.

Are there similar cars listed already? That will help you get a feel for what the market is.

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Keep in mind we have a “Private Transfers” section on LH in which you can follow the template, upload some photos and list your transfer for free.

If you want to put on Swap a Lease check the prices there. If you want to list it here check the prices here. Both places have different crowds but similar low ballers.

Any reason why you don’t want to keep it?

The only reason why I dont want to keep it is im ready to get into something different. Plus I’m not driving the car much

You can probably ask for $1,000 down in SaL. What is the car you want next? Financially keeping the current car will probably makes more sense.

im looking to get into an suv. I was looking into financing a used G550. I dont put many miles on cars and they seem to hold value well after the initial depreciation. would it be reasonable to ask the same amount here if i post in on this forum compared to SaL?

Yes, you can ask for the same amount here and see what happens.

Nobody really knows but if I had to guess I’d say you’re going to end up wasting 2-3 months just to collect peanuts in the grand scheme of buying a G.

What’s your target for the G: how much for which year and how many miles?

Exactly… if you’re looking at a G with 4x-5x the monthly payment with $30-40k down, tbh, a $550/mth payment is peanuts in comparison :joy:
I’d move on as quickly as possible, cut my losses and get into the G ASAP. But that’s me :grin:

OP - you’ll find that if you price it it right, it’ll move very quickly. It’s a tough market now… if you’re looking at $550/mth and expecting someone to pay you a couple of grand, it may sit awhile.

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