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      06-25-2020, 02:54 AM   #1
Aboudin
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Lease Transfer : 2019 Bmw X5 40i 527/month, $5.5 Down

Year, Make, Model, and Trim: 2019 BMW X5 40i
Location: Arizona
MSRP: 68,295
Monthly payment (pre-tax): 527
Current mileage: 4950
Maturity mileage: 34,207
Effective miles per month: 836
Maturity date: 5/24/2023
MSD due (if any): None!
Cash due (if any): $5500
Financial institution: BMW FS
Transfer fee: $500
Out-of-state transfer allowed (yes/no): Yes

Vehicle condition (accidents, tire wear, etc.), options, and other details: Car is in excellent condition. Has a unique BMW individual color ( tanzanite blue II) Vernasca leather, convenience package, parking assist package, full moonroof, heated seats front and rear including steering wheel and armrest, remote engine start, luggage compartmant package, and much more.

I understand that a $5.5k down payment is not favored by most and its not for everyone but factoring that into the monthly payment over the course of the lease remaining makes this effective payment in parallel with most deals Ive been seeing recently. Car is garage kept and dealer maintained. Non Smoker. Will be happy to answer all your questions and concerns. Window Sticker is attached as well for those interested. Payment will be made Till July 25. For those interested payment will be prorated after that in accordance with transfer date.
I listed the car on SAL as well:
https://www.swapalease.com/mobile/le...?salid=1476032

Please feel free to reach out with any questions or concerns.
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Last edited by Aboudin; 07-06-2020 at 11:39 PM..
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      06-25-2020, 03:11 AM   #2
Auricom
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Incorrect forum, post here for member classifieds:

https://g05.bimmerpost.com/forums/fo....php?#38;f=726
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      06-27-2020, 09:24 AM   #3
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Quote:
Originally Posted by Aboudin View Post
MSD due (if any): None!
Cash due (if any): $6000
MSD None!...but that’ll be $6k please
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      07-02-2020, 03:39 AM   #4
Aboudin
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Bump! DAS changed to $5800
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      07-02-2020, 12:29 PM   #5
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Quote:
Originally Posted by Aboudin View Post
Bump! DAS changed to $5800
I think you need to be honest with yourself and realize no one will pay that much money for a lease transfer. They're better off just getting their own lease. Plus, am I wrong or don't most people offer the potential "buyer" a cash incentive to take it off their hands?
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      07-02-2020, 01:59 PM   #6
Aboudin
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Quote:
Originally Posted by timmahh View Post
I think you need to be honest with yourself and realize no one will pay that much money for a lease transfer. They're better off just getting their own lease. Plus, am I wrong or don't most people offer the potential "buyer" a cash incentive to take it off their hands?
I understand the down payment is high and not for everyone but if you factor that into the monthly payment this equates to a 0DAS 697 +tax . Given the current market this is pretty competitive with most deals and even broker deals being offered. Car has 5000 miles with 34.5 months remaining on term. Essentially the deal as is compares to signing a loaner at 17+% off. Solid deal overall and given the lack of inventory and dealers holding back this valuation is fair. Sure if you were to look at the down payment alone its high. But if you are looking at the total cost of lease ( 527 x 34months + $5800) then your total lease cost is 23,718.
Down payment scares some, and yes not favourable for others which is understandable but overall lease term cost is aggressive.
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      07-03-2020, 06:18 AM   #7
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Quote:
Originally Posted by Aboudin View Post
Quote:
Originally Posted by timmahh View Post
I think you need to be honest with yourself and realize no one will pay that much money for a lease transfer. They're better off just getting their own lease. Plus, am I wrong or don't most people offer the potential "buyer" a cash incentive to take it off their hands?
I understand the down payment is high and not for everyone but if you factor that into the monthly payment this equates to a 0DAS 697 +tax . Given the current market this is pretty competitive with most deals and even broker deals being offered. Car has 5000 miles with 34.5 months remaining on term. Essentially the deal as is compares to signing a loaner at 17+% off. Solid deal overall and given the lack of inventory and dealers holding back this valuation is fair. Sure if you were to look at the down payment alone its high. But if you are looking at the total cost of lease ( 527 x 34months + $5800) then your total lease cost is 23,718.
Down payment scares some, and yes not favourable for others which is understandable but overall lease term cost is aggressive.


And BUYER pays transfer fee.

We know that your payment is lowish (also obvious it's a demo) but it's common sense to take a higher payment rather than put more down on a lease. (Unless you're not creditworthy)

Couple that with the fact that the allowance is UNDER 10k a year. I think anyone who went to a dealership with a 5k drive off could probably get this deal and save the transfer fee at that. Just need to ask for a demo.
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      07-03-2020, 11:38 AM   #8
Aboudin
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Car has 29500 miles allowance Remaining. I would say thats almost full term. Nonetheless, I dont agree that everyone walking into the dealership will attain this payment with a 5k DAS especially with the current car market. But please correct me if Im wrong. I try and stay upto date on all monthly programs and deals achievable. Even if you compare this with aggressive broker deals this is comparable. I do agree the down payment is high and no its not because of lack of credit. Actually have several bmws in household currently and tier 1 credit. All deals always done with buy rate MF. Nonetheless, For some who like to pay all the fees +TTL and first month this isnt a huge add on if your looking at the total cost of lease. For what its worth Im willing to split the transfer fee for whomever is interested.
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      07-06-2020, 11:11 PM   #9
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I made a mistake ... I went to a dealership and got a lease on a 3 series. I hated it 2 weeks later. I could have easily sold it got something way nicer but I sucked it up and dealt with it for 3 years. To get rid of a lease you will almost always have to give up 5k or more.
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      07-06-2020, 11:38 PM   #10
Aboudin
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Quote:
Originally Posted by Aimster82 View Post
I made a mistake ... I went to a dealership and got a lease on a 3 series. I hated it 2 weeks later. I could have easily sold it got something way nicer but I sucked it up and dealt with it for 3 years. To get rid of a lease you will almost always have to give up 5k or more.
That has got to be the worst analogy I have heard. That is definitely not the case here. Ive lease swapped several times before. If youve negotiated a good enough deal for yourself theres no reason you should have to lose that much. Im not transferring this car due to not liking the car. Its phenomenal. Just too many cars in the garage so had to make the decision to transfer this one. I would like to see a more aggressive deal on a similarly priced X5.
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      07-06-2020, 11:40 PM   #11
Aboudin
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Bump. Lowered cash to $5.5k
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      07-09-2020, 06:18 PM   #12
Aboudin
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Bump!
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      07-09-2020, 07:05 PM   #13
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Friendly advice.

As I mentioned earlier, your trade is in the wrong subforum:

https://g05.bimmerpost.com/forums/fo....php?#38;f=726

Bumping your thread here and the discussion above, isn't going to help.
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      07-09-2020, 08:10 PM   #14
Aboudin
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Quote:
Originally Posted by Auricom View Post
Friendly advice.

As I mentioned earlier, your trade is in the wrong subforum:

https://g05.bimmerpost.com/forums/fo....php?#38;f=726

Bumping your thread here and the discussion above, isn't going to help.
I cant seem to access that thread. Not sure if its an issue on my end :/
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      07-09-2020, 08:16 PM   #15
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Quote:
Originally Posted by Aboudin View Post
I cant seem to access that thread. Not sure if its an issue on my end :/
Try this, might had shortened the URL.

https://g05.bimmerpost.com/forums/fo...play.php?f=726
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      07-09-2020, 08:38 PM   #16
Aboudin
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Quote:
Originally Posted by Auricom View Post
Try this, might had shortened the URL.

https://g05.bimmerpost.com/forums/fo...play.php?f=726
Thank you. Created a thread over there. Appreciate it
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