Year: 2015
Make: BMW
Model: M3
Price: $647
Mileage: 10090
Color: White
Private or Dealer Listing: Private Listing
Location (State): CA
Transmission: Automatic
Drivetrain: Rear Wheel Drive

Hi I am looking to moving onto another vehicle at this time due to changes in lifestyle so here’s a lease I have in CA (San Francisco Bay Area) at one of the best lease deal you can find. The monthly payment is $646.57 on a car with a MSRP of $75,745. The current mileage is around 10,900 miles and you have up to 30,010 miles. The lease is a 36 months, 10,000 miles per year and it is due on 8/7/18. The CA registration has just been paid about 1.5 months ago.

The car is in excellent condition and very well optioned (Refer to the sticker I’ve posted below for the exact options). As for payment, please see the breakdown below:

Due from Buyer to me:
MSD=$5,250 (you get this back from BMW at the end of the lease)
Credit to me=$1,975 (to recoup some of the payments I’ve already made)

Due from Buyer to BMW
BMW FS Transfer Fee = $500
Monthly Payment= $646.57 plus your local tax (starting 11/7/16)

The payoff quote: $59,985.38 good till 11/4/2016.

Please email me @ mkboosted@gmail.com for any further questions. Thanks.

 

Please post your photos here as required....no links...I posted one for you

 

Thanks!

 

Nice car and good payment but just to be clear you need almost $7,725 down to take over the lease?

 

MSD = multiple security deposits. This is why the payment is so low - he basically bought the payment down by putting up more deposits. The buyer will get that part back at the end of the lease assuming the car is in good shape.


So - it's really like $2k down plus the transfer fee. Not bad if you have the money to float those extra deposits since the payment is a steal.

 

With 21 months left and $2475 cost (not including the MSDs that will get refunded - although what happens if the car gets totaled?), it means $118 per month amortized in addition to the $650 payment making the effective payment $768. Still a good deal as long as you don't mind the out of pocket deposit.

 

BMW still returns the MSDs to you if the car is totaled. That's why MSDs are so superior to simply putting a down payment on a lease (which you should never, ever do).