Lease Takeover: F86 X6 M

[fbuzila]

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Asking Price:

Sold

Item Interest

Hi guys,

I'm looking to get into a new M5 around November/December timeframe so I'm planning to put my X6M on swapalease (I really don't need 2 SUVs in my family, and realized this only now

But probably there is someone interested in this forum, before I do that.
I took over this lease in August from a guy in California and the car is in great condition. The front tires should be changed before lease-end (4/32). I changed the back tires.
I also purchased the 2 years free maintenance in august and it's transferable!
Also did ceramic paint coating.

update: I'm negotiating for a M5 now, so the X6M is available

2016 X6M
Donington Grey / Aragon Brown Full Merino Leather
all options except: Night vision and Rear Entertainment System

Lease info:
Monthly Payment: $1,455.96 + tax
Current miles: ~13,000 (I doubt I will go over ~15,000 by December)
Miles at Inception: 69
Original Contract Total Miles: 45,000
Miles Allowed at Turn In: 45,069
Excess Charge Per Mile: $0.30
Term Length: 36 Months
Contract Start Date: 11/27/16
Contract End Date: 11/27/19
Residual Value: $63,015.30
Disposition Fee: $350.00

[fbuzila]

more pictures https://drive.google.com/open?id=1As...2TLuA0dzZP0_jn

[deaddog]

Beautiful build. Can you check and see whether the lease can be transferred a second time? I understood that a BMW lease can only be transferred once.

[fbuzila]

Originally Posted by deaddog

Beautiful build. Can you check and see whether the lease can be transferred a second time? I understood that a BMW lease can only be transferred once.

yes, I checked with BMWFS and they said it's fine

[fbuzila]

M5 leases for 2019 model are crazy unrealistic!
I may have to wait or find a lease swap for 2018

[jiggz]

Originally Posted by fbuzila

M5 leases for 2019 model are crazy unrealistic!
I may have to wait or find a lease swap for 2018

Like, more that the payment on this X6M? Honest question, I don't know much about leasing.

[fbuzila]

Originally Posted by jiggz

Like, more that the payment on this X6M? Honest question, I don't know much about leasing.

if I get 15k miles per year, 45k/3 years yes, way more...this X6M had an initial 10k downpayment (btw I don't recommend any downpayment on a lease)

[fbuzila]

Originally Posted by fbuzila

if I get 15k miles per year, 45k/3 years yes, way more...this X6M had an initial 10k downpayment (btw I don't recommend any downpayment on a lease)

here are the lease details for more info

[ajgraham]

That was a terrible lease deal to start with. $10k down + $1587p/m = ~$1887p/m effective. You can get leases for $200k cars for that money. Guy was in Cali as well, the best place in the Americas to get a BMW deal. And the car had 69 miles on it so had clearly been there a while.

I leased an X5M last month 36 months/12k miles with 12% discount off MSRP for $1470p/m inc Texas taxes which are horrific (effectively adds $200p/m onto my lease).

You can get a decent discount on the new M5's if you look in the right places: https://forum.leasehackr.com/t/2018-bmw-m5-lease/61212. I know Florida is a tough place to get a good deal though normally.

Good luck with the lease transfer and the new M5.

[fbuzila]

Originally Posted by ajgraham

That was a terrible lease deal to start with. $10k down + $1587p/m = ~$1887p/m effective. You can get leases for $200k cars for that money. Guy was in Cali as well, the best place in the Americas to get a BMW deal. And the car had 69 miles on it so had clearly been there a while.

I leased an X5M last month 36 months/12k miles with 12% discount off MSRP for $1470p/m inc Texas taxes which are horrific (effectively adds $200p/m onto my lease).

You can get a decent discount on the new M5's if you look in the right places: https://forum.leasehackr.com/t/2018-bmw-m5-lease/61212. I know Florida is a tough place to get a good deal though normally.

Good luck with the lease transfer and the new M5.

is it posibile to lease a new M5 from a dealer from another state? (I think in Atlanta they have better deals...)

[ajgraham]

Yeah you can lease out of state, but you still pay your states taxes (not the state where the dealer is). Most dealers will require you to appear in person at the dealer to sign documents to prevent fraud but you should do all the negotiating by email/text. But the discounts can more than pay for the travel/time involved.

I've read a lot about people in Florida having to go out of state to get decent deals, so you're definitely not the only one. Similar situation in parts of Texas. Sorry to hijack your thread, PM me if you need any help.

[fbuzila]

Originally Posted by ajgraham

Yeah you can lease out of state, but you still pay your states taxes (not the state where the dealer is). Most dealers will require you to appear in person at the dealer to sign documents to prevent fraud but you should do all the negotiating by email/text. But the discounts can more than pay for the travel/time involved.

I've read a lot about people in Florida having to go out of state to get decent deals, so you're definitely not the only one. Similar situation in parts of Texas. Sorry to hijack your thread, PM me if you need any help.

thanks for feedback, this helps!

[aparedes]

Originally Posted by fbuzila

is it posibile to lease a new M5 from a dealer from another state? (I think in Atlanta they have better deals...)

Yes that is correct. I lease my X6M from California and I am in South Florida. 117K car I am paying $ 1,181/month.

[fbuzila]

Originally Posted by aparedes

Yes that is correct. I lease my X6M from California and I am in South Florida. 117K car I am paying $ 1,181/month.

and I guess you had to cover the transport/delivery cost, right?
but I bet it's still worth it

[aparedes]

Originally Posted by fbuzila

and I guess you had to cover the transport/delivery cost, right?
but I bet it's still worth it

Correct. But it only cost me $550 . Car was in Texas!

[fbuzila]

bump...no rush

[fbuzila]

bump; open to offer some incentives!!!

[fbuzila]

it's on swapalease:
http://www.swapalease.com/lease/deta...94116#overview

[fbuzila]

bump; 2.5 paid months in incentives! (October, November and $826 towards December payment already paid); this offer is time limited;

[fbuzila]

hump day bump

[fbuzila]

lease transfer in progress

[fbuzila]

Originally Posted by fbuzila

lease transfer in progress

on stage 2 now

btw 2019 M5 leases suck!