Feeler: F80 Lease Take Over $789.46 plus tax

[M3Joel]

BIMMERPOST / Classifieds

Asking Price:

None

Location:

✓ Will Ship

Item Interest

2017 F80 ZCP Alpine White / Sakhir Orange / Blk ext Lthr
- Competition Package
- Executive Package
- DCT
- Apple Carplay
STICKER: $76,845 car.

*6893 miles as of today 6/18*

36 months / 15k miles
Monthly: $789.46 plus tax
Cali Tax: $69.08
Contract start date: 12/23/16
Contract end date: 12/23/19
Miles @ inception: 11
Total Allowed Miles: 45,011
RESIDUAL: $45,338.55

In order to get this payment, my drive off was close to $9k ( 6 months ago).
$6300 in MSD (fully refundable).

Just looking to recoup my MSDs and walk from the lease.
Why you ask? Need a larger car for growing family.

Essentially, buyer gets a F80 with $0 drive off after return of MSDs. Just pay the $789.46 plus tax and enjoy 15k miles per year.
Buyer responsible for BMW Financial lease transfer fees.

Again, this is a feeler so i didnt bother washing the M this weekend & dealing w/ pictures.

Message me if interested...

[HACCI]

PMD

[gori]

Present buyout?

Dirty pictures would be great!

[ZKing1208]

Originally Posted by M3Joel

2017 F80 ZCP Alpine White / Sakhir Orange / Blk ext Lthr
- Competition Package
- Executive Package
- DCT
- Apple Carplay
STICKER: $76,845 car.

*6893 miles as of today 6/18*

36 months / 15k miles
Monthly: $789.46 plus tax
Cali Tax: $69.08
Contract start date: 12/23/16
Contract end date: 12/23/19
Miles @ inception: 11
Total Allowed Miles: 45,011
RESIDUAL: $45,338.55

In order to get this payment, my drive off was close to $9k ( 6 months ago).
$6300 in MSD (fully refundable).

Just looking to recoup my MSDs and walk from the lease.
Why you ask? Need a larger car for growing family.

Essentially, buyer gets a F80 with $0 drive off after return of MSDs. Just pay the $789.46 plus tax and enjoy 15k miles per year.
Buyer responsible for BMW Financial lease transfer fees.

Again, this is a feeler so i didnt bother washing the M this weekend & dealing w/ pictures.

Message me if interested...

Please send me pictures. Thank you

[golfpunks]

Very interested can you call me at 7148038800

[M3Joel]

Thanks for all the interest guys. This was just a feeler, will be ready in a few months. I will reach out then to the individuals whom expressed interest.

THANKS!

[f80er]

lol man, why post it now then?!

[Jonzny]

Originally Posted by M3Joel

Thanks for all the interest guys. This was just a feeler, will be ready in a few months. I will reach out then to the individuals whom expressed interest.

THANKS!

Interest now and in a few months will be pretty different. By then the 2015 leases will be for sale and bring down the prices... I think leases start to expire in July.

[gori]

Originally Posted by Jonzny

Interest now and in a few months will be pretty different. By then the 2015 leases will be for sale and bring down the prices... I think leases start to expire in July.

sounds like he wants to enjoy it for the summer then sell it......

I totally, agree....15s will be traded in, 17s will be cheaper with 18s hotting lots in a couple / 3 months......new 17s should be cheaper than now.

ahhh well....best of luck to both sides......im on the buying side...

[HighlyMedicated]

How would you get your MSD back ? When the lease transfer is done but the payments will stay the same?? Ive heard of this MSD stuff but how does the refund part work?

[danniexi]

Originally Posted by HighlyMedicated

How would you get your MSD back ? When the lease transfer is done but the payments will stay the same?? Ive heard of this MSD stuff but how does the refund part work?

MSD amount ($6300) is given back at lease end from BMW.

[HighlyMedicated]

Interesting why not just give 2700 down in beginning? So bmw gets to invest the 6300 from everyone with MSD and sales...lucky them!

Also for the lease transfer he will get it after the lease is done even though not under his name or is it given to new owner and must trust he give it to you when initial lease is over?

[ONE1]

Originally Posted by HighlyMedicated

Interesting why not just give 2700 down in beginning? So bmw gets to invest the 6300 from everyone with MSD and sales...lucky them!

Also for the lease transfer he will get it after the lease is done even though not under his name or is it given to new owner and must trust he give it to you when initial lease is over?

It's a security deposit which BMW refunds at the end of the lease. It can be used to reduce the money factor (and monthly payment) and is refunded at the end of the lease. The refund would go to the person on the lease which is why OP is asking for $6300 upon transfer.

The other $2700 was likely the first month's payment, destination charge, doc fees, etc. One of the benefits of taking over an existing lease is that you can avoid these upfront costs.

[mharris2007]

I would have been in for pics too.

[skyline408]

Originally Posted by HighlyMedicated

Interesting why not just give 2700 down in beginning? So bmw gets to invest the 6300 from everyone with MSD and sales...lucky them!

Also for the lease transfer he will get it after the lease is done even though not under his name or is it given to new owner and must trust he give it to you when initial lease is over?

Originally Posted by ONE1

It's a security deposit which BMW refunds at the end of the lease. It can be used to reduce the money factor (and monthly payment) and is refunded at the end of the lease. The refund would go to the person on the lease which is why OP is asking for $6300 upon transfer.

The other $2700 was likely the first month's payment, destination charge, doc fees, etc. One of the benefits of taking over an existing lease is that you can avoid these upfront costs.

It's also worthwhile to mention that not all leasing companies offer MSDs. I know Toyota does. You'd be a fool not to take advantage of this! Not only does this lower the money factor, you get it all back at the end of the lease. Depending on current money factor, the 'money' BMW holds could net a higher return (based on decreased MF) than if standard short term investments.

I see a lot of lease cars here, and not many seem to take advantage of the MSDs.

[HighlyMedicated]

IcIc my friend did it at Long Beach BMW but I never heard of it called MSD until this forum. He just told me he put 7k down for an X5 lease and he gets it back in the end. Those kind of MSD secrets are not told often especially the sales people! But good to know and the reason this forum was created, to connect people and interact with friends with the same hobby!!! So he gets it at the end of the cars lease then and not when he does a lease transfer....