Lease Takeover 2009 BMW 135i Alpine White

[2k3silver]

Please lock

[EKR]

Looking for someone to takeover my lease which has 11 months ends December 2012
Model: 2009 BMW 135i Manual Transmission 300HP!!!
Delivery Date: September 2009
Exterior Color: Alpine White
Interior Color: Black Boston Leather
Options: Premium Package, USB Audio Integration (Ipod)
Total Mileage Allowed: 65,000KM
Current Mileage: 18,500KM
Available KM: 46,500 KM!!!!!!!!!!!!
Lease Rate: 2.9%
Monthly Payment: $437.97 Taxes Included
Residual Value: $22,503.25
Lease Ends: December 12, 2012
Excess Ware Insurance Purchased ($1,099): this will cover up to $7,500 in any damages when returning the vehicle
Perfect condition
Factory summer performance tires have lots of tread left

If your interested please contact me and work out a deal. I put $8,000 down so I would need something back given the low payment and low mileage.

M5 replica rims with Toyo Observe G-02 in 17's - optional for buyer to purchase.
Location: Markham

hi
how much for the "transfer ownership fee" the dealership charge?

[alpha-que]

... I would need something back given the low payment and low mileage...


like what? :D

[gostinger]

good luck

[hamant]

i don't understand what value someone gets out of taking over your lease????

[rsasp]

i don't understand what value someone gets out of taking over your lease????

Usually its no down payment (not even PDI and other mandatory fees).

[jasonkwan86]

Usually its no down payment (not even PDI and other mandatory fees).

Umm, you never get charged PDI on lease take overs. The only charge is a lease take over fee and license plate fee which either the buyer and/or seller pays depending on how they want it to be done.

[mgdanderson]

Umm, you never get charged PDI on lease take overs. The only charge is a lease take over fee and license plate fee which either the buyer and/or seller pays depending on how they want it to be done.

Exactly, the only fees should be lease transfer agreement, licensing & insurance.

I have a 2009 Nissan Sentra SE-R I am offering for a lease take-over. My incentive to the new lease holder is $2500 in their pocket and I take care of the lease transfer fees...

[jasonkwan86]

Exactly, the only fees should be lease transfer agreement, licensing & insurance.

I have a 2009 Nissan Sentra SE-R I am offering for a lease take-over. My incentive to the new lease holder is $2500 in their pocket and I take care of the lease transfer fees...

That's not what I meant. Its a crazy low payment for that car, so its ok to ask for some cash back to recoup some of the original downpayment. At the end of the day if its cheaper than leasing a new one with similar options apples to apples then it would be a deal.

[RastaManMax]

That's not what I meant. Its a crazy low payment for that car, so its ok to ask for some cash back to recoup some of the original downpayment. At the end of the day if its cheaper than leasing a new one with similar options apples to apples then it would be a deal.

But for the fact that the new one is well... new...

[rdha]

Even at a conservative 20% annual depreciation on a declining balance basis, a 2 year old BMW would have depreciated about 36% of its original value while the third year of ownership will only account for about 12%. However the lease payments were spread out over the entire three years meaning the person taking over the lease on the third year will be paying substantially more.... not exactly a fair and good deal unless OP is prepared to compensate through walking away from his initial deposit... Simple math..

[2k3silver]

Mods please lock, I don't want to deal with all the negative comments.

[2k3silver]

Thanks for all the interest, car has been transferred.

[jasonkwan86]

woot!