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2010 2011 BMW 5 Series Forum F10 BMW 5-Series (F10) Marketplace Owner's Marketplace - F10/F11 Classifieds WANTED: BMW X5M Lease Assumption
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      07-26-2012, 07:51 AM   #1
BMWX5M
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WANTED: BMW X5M Lease Assumption

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Looking to take over a lease on a BMW X5M. Year is not important as long as there are plenty of miles still remaining. Short term or long term ok and very flexible on color and options.

Ready to assume immediately and a current BMWFS customer.

Please PM me or Email me directly at Nextcarsearch@gmail.com

Thanks!

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      08-07-2012, 09:53 AM   #2
StatenEye
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BMW of freehold had one for a while, not sure if they still do.
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      08-07-2012, 11:32 AM   #3
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Quote:
Originally Posted by StatenEye 335i View Post
BMW of freehold had one for a while, not sure if they still do.
Do you have any other information? How do you know it was a lease assumption? How long ago was this?

Appreciate any info you can provide.
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      08-07-2012, 01:09 PM   #4
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http://www.bmwoffreehold.com/exclusi...se_offers.aspx
Scroll to the bottom, 1150 per month with 7 security deposits and tax due at signing. So 8050 in security deposits which you get back at lease end. 11.7k due upfront but you get 8k back at lease end.
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      08-07-2012, 02:17 PM   #5
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Quote:
Originally Posted by StatenEye 335i View Post
http://www.bmwoffreehold.com/exclusi...se_offers.aspx
Scroll to the bottom, 1150 per month with 7 security deposits and tax due at signing. So 8050 in security deposits which you get back at lease end. 11.7k due upfront but you get 8k back at lease end.
That's not a lease assumption...
That is a new car lease and not a very good one at that. $13.5K at inception including NY taxes and 1150/mo for 36mo/10K.

Thanks anyway.
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      08-07-2012, 02:37 PM   #6
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Quote:
Originally Posted by BMWX5M View Post
That's not a lease assumption...
That is a new car lease and not a very good one at that. $13.5K at inception including NY taxes and 1150/mo for 36mo/10K.

Thanks anyway.
Dont think its an unreasonable deal
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      08-07-2012, 03:09 PM   #7
StatenEye
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I understand its not a lease assumption but the dealer putting a fixed price on the car like this makes it obvious they have been trying to move this for some time now and gives you a great point of negotiating.

(net cap cost - residual) / term
1266.66 per month
Finance Fee = ( Net Cap Cost + Residual ) × Money Factor
254 per month

Total payment should be = 1520 per month

1150 per month with 8k returned to you at lease end is a good deal for a 102k car, and that is without negotiating.

Cheapest on lease trade is 1300 not including taxes so 1415 with taxes but lets wash the taxes. The 8k down would be bad, but it will be returned to you in full at the end of the lease.

Its a deal worth checking our if you have a stagnant savings account..

Most people put 5k down at signing not MSDs so 8k in MSDs isn't so bad.
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      08-07-2012, 03:11 PM   #8
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Quote:
Originally Posted by launchcontrol View Post
Dont think its an unreasonable deal
Agreed see my next post, i actually might go look at this on Saturday after mulling over the $$.
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