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      05-17-2017, 11:19 AM   #1
dlucas589
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2016 340i Lease Takeover 6MT - $331/mo+tax - Black/Brown

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Asking Price:
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Last edited by dlucas589; 08-13-2017 at 07:32 PM..
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      05-17-2017, 06:29 PM   #2
mspired335i
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Quote:
Originally Posted by dlucas589 View Post
Putting a feeler out there on my lease. I will get pics up this weekend. Car is in great condition. Located in Milwaukee, WI.

2016 BMW 340i Sedan
VIN: WBA8B3G55GNA92672
Exterior Color: Black Sapphire Metallic
Interior Color: Natural Brown
6 Speed Manual
MSRP: $57,385
Contract Type: Lease
Contract Term: 36 months
Contract Start Date: 11/9/2016
Contract End Date: 11/9/2019
Remaining Months: 29 months

Current Mileage: 9,6xx. will increase slightly
Miles at Inception: 4,020
Contract Miles: 36,000
Total Odometer Allotment: 40,020 miles
Excess Charge Per Mile after Turn in: $0.25+tax
Pre-purchase Per Mile cost: $0.23+tax
Payoff Quote: $43,110.99 (Good Thru 6/6/17)
Residual: $36,420.25

Security Deposit (MSD): $2,450
Current Lease Payment (tax included): $349.99
Lease Payment (no tax): $331.43

Asking Price: $9,000 cash upfront

This would cover the $500 BMW lease transfer fee and you get $2,450 security deposit back at lease end.

Effective Monthly Payment w/transfer fee: $557.29+tax

Packages Include:
Navigation System
Cold Weather
-Heated Steering Wheel
-Heated Front & Rear Seats
Driver Assistance Package
-Rear View Camera
-Park Distance Control
M Sport Package
-19'' 403M Wheels
-Adaptive M Suspension
-Sport Seats
-Fineline Anthracite Wood Trim
-M Steering Wheel
-Aerodynamic Kit
-Shadowline exterior Trim
-Antracite Headliner

Extras from BMW:
-Black Kidney Grills
-BMW M Performance Exhaust
-M Performance Rocker Panels
-BMW Door Sill Logo Lights

Aftermarket modifications:
- 35% window tint on all windows except windshield

Not sure who in their right mind would shell out 9 thousand dollars for a lease but good luck sir.
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      05-17-2017, 08:15 PM   #3
dlucas589
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Quote:
Originally Posted by mspired335i View Post
Not sure who in their right mind would shell out 9 thousand dollars for a lease but good luck sir.
Thanks!

Someone who wants a 350~/mo payment on a 57K car might! If not...
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      05-18-2017, 02:50 AM   #4
ilu21
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Quote:
Originally Posted by dlucas589 View Post
Thanks!

Someone who wants a 350~/mo payment on a 57K car might! If not...
Which is no one. You're just wasting your time hoping that 'someone' will come along.
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      05-18-2017, 09:01 PM   #5
dlucas589
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Quote:
Originally Posted by ilu21 View Post
Which is no one. You're just wasting your time hoping that 'someone' will come along.
You are certainly entitled to your own opinion.
Maybe 'someone' won't come along at 9K. Or maybe they will. I don't know I just posted this a day ago.

Maybe 'someone' will make an offer based on what they see is market value for this type of lease situation and I find that offer acceptable. Isn't that is what it's all about anyway? Besides the time it took for me to post the details on my car, I'm not sure where I'm 'wasting' my time?

It seems that based on recent posts the going rate on a lease takeover of a 340i is 450-600/mo with no money down. So my combination of 350/mo with 9k down (with 2450 back at lease end) gets someone to 550-600/mo.

For anyone who is interested (once I post pictures), make an offer! If no one is interested, great, I'll keep driving the car. My objective of putting a 'feeler' out there was to gauge the market.
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      05-25-2017, 10:19 PM   #6
Chris_528
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But putting 9k down on a lease immediately puts the buyer upside down on the finance. Even if they have full GAP coverage they're likely to still be at a loss if they get in an accident. Bad buy. Fact, not opinion.
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      05-25-2017, 11:30 PM   #7
Kennybar112
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Garage List
Never put $$ down on a lease man
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2017 340i xDrive Black Sapphire Metallic / Coral Red Fully Loaded
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      05-26-2017, 04:24 PM   #8
elbmw
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Last year I took over a lease of a 335i with the $56K msrp.2 year lease with 26Kmi left for me.The payment is $450 including tax BUT I keep the MSDs-$3500.Which makes the effective payment around $350.
I know I got a really good deal but I've seen at least a couple more 335s and a 435GC in the $400/mo payment range showing up on swapalease within last 6-8 months.
Hope this helps you to gauge the market.
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      05-27-2017, 01:14 PM   #9
dlucas589
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Thanks for the insight elbmw, I'm just going to keep driving the car- it clearly does not make sense to try to get rid of it unless I need to give it away. To Kennybar - I put no money down on this lease, that is, no cap cost reduction. Only money down was acquisition fee, first month, security deposit and dealer fees.
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      07-11-2017, 03:52 PM   #10
dlucas589
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Bump, back on market for 4500 down, 2450 MSDs back at lease end.
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      07-19-2017, 06:45 PM   #11
ScarecrowBoat
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Quote:
Originally Posted by dlucas589 View Post
Bump, back on market for 4500 down, 2450 MSDs back at lease end.
If you put nothing down why are you asking for money on top of your MSDs
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      07-21-2017, 08:39 AM   #12
MyFirst340
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Clickbate title.
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      07-22-2017, 07:21 AM   #13
Big_CG
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Change the title to $200/mo and ask for $15k down for even more clicks
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      07-30-2017, 01:30 PM   #14
Singh_96
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will pm you soon and see if we can work out a deal, need to make one post for my account to be validated.
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      07-31-2017, 09:24 PM   #15
dblair
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Hi, I am interested in taking over your lease. If it is still available, please email me at daveblair1121@yahoo.com
Thanks,
Dave
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