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BMW 3-Series and 4-Series Forum (F30 / F32) | F30POST > F30/F32/F33 Classifieds (For Sale / Trade / Wanted) > Members Classifieds > Cars for Sale / Lease Takeover > Lease Takeover: 2017 340i M Sport X-Drive – Low Miles w/ High Mileage Allowance
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      07-29-2018, 03:37 PM   #1
ChicagoGolfer
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Drives: 17 340i M Sport
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Lease Takeover: 2017 340i M Sport X-Drive – Low Miles w/ High Mileage Allowance

BIMMERPOST / Classifieds
Asking Price:
USD 625.00

Item Interest
***01/18/2019 - $3,000 incentive added***

Up for lease takeover is a 2017 340i M-Sport X-Drive in Alpine White over Black Dakota leather. This was leased on 10/31/17 and the lease term will end on 10/31/2020. Overall this car is in fantastic shape and has been well-cared for. I’m having to get rid of it due to a recent promotion that will require me to start putting on over 30K miles annually. The miles on this are still very low for a 3 year, 15K annual lease (less than 860 miles driven per month since lease inception).

Vehicle details:
2017 340i X-Drive
Exterior: Alpine White
Interior: Black Dakota Leather
8-Speed Automatic
MSRP: $58.8K
Options:
o Black Dakota Leather
o M-Sport Package
o Cold Weather Package
o Driving Assistance Package
o Driving Assistance Plus
o Technology Package
o Black Kidney Grilles

Lease details:
Current Miles: 13,481 (as of 1/18)
Remaining Miles: 31,535 (45,016 total allowed)
Miles / Month Remaining: 1,550+ miles per month allowed remaining! For someone who needs a car to put some miles on this is a very cheap lease at under $0.50 per mile remaining.
Leasing Company: BMWFS
Lease End Date: 12/31/2020
Payments Remaining: 20
Payment Details: Current payment is $775.43 (includes IL taxes); with the $3K incentive the payment drops to $625/mo. While the payment is on the higher end you don’t see many 15K annual leases and this car is already way under the mileage allowance.
Residual: $34,090

Appreciate any interest and definitely feel free to reach out with any questions or additional picture requests.

*Buyer must qualify per BMW FS. Buyer responsible for app and transfer fee*













Last edited by ChicagoGolfer; 01-18-2019 at 05:48 PM. Reason: Updated incentive
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      07-30-2018, 01:25 AM   #2
Gevojanyan
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How?
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      07-30-2018, 07:18 AM   #3
ChicagoGolfer
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Quote:
Originally Posted by Gevojanyan View Post
How?
You're going to need to expand on the "how" comment.
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      07-30-2018, 01:37 PM   #4
Gevojanyan
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Quote:
Originally Posted by ChicagoGolfer View Post
You're going to need to expand on the "how" comment.
How are you paying 775 a month for a 340i?
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      07-30-2018, 02:21 PM   #5
ChicagoGolfer
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Drives: 17 340i M Sport
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Quote:
Originally Posted by Gevojanyan View Post
How are you paying 775 a month for a 340i?
$59K sticker ($4k off) + 36mo/15K lease vs the usual 36mo/10K lease (residual of 56% vs 61%; mf of 0.0016 at time of purchase) + no money down + IL tax of 8.25%

Not putting anything down and the 15K lease drove the price up the most
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      01-18-2019, 05:49 PM   #6
ChicagoGolfer
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01/18/19 Update: Bump w/ new incentive offer and updated mileage figures.
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