|
|
|
2010 2011 BMW 5 Series Forum F10 Lease take over for 2013 550xi |
|
Post Reply |
|
Thread Tools | Search this Thread |
02-11-2014, 11:27 PM | #23 |
First Lieutenant
104
Rep 300
Posts |
To omaralt's comments,
Wanting to get your deposit back as a down payment paid by the new lessee to whom you are trying to transfer makes no sense. If you could lease a 2013 car back in 2012 or 13 for $xyz/m with that deposit, then someone can lease a new 2014 for about the same amount with such a deposit... I don't get why anyone (maybe some would but I surely wouldn't) would pay the same amt of money to get a used car with older engine and technology instead of a new car with better engine and technology... I feel the only reason to take over lease is when original lessee paid significant down payment such that monthly payment is significantly lower than what I would be able to get on a lease of a new car. Otherwise it makes no financial sense. |
Appreciate
0
|
02-12-2014, 06:47 AM | #24 |
Private
6
Rep 74
Posts |
BMWs are NOTORIOUS for depreciation. Something I should have definitely looked into before leasing. Don't get me wrong I truly love my 550. I'm not dying to get rid of it. If it sells it sells, if not I'm perfectly happy keeping it. I will contact BMW financial and see what my actual payment is without tax.
|
Appreciate
0
|
02-12-2014, 09:54 AM | #25 | |
Lieutenant
22
Rep 585
Posts |
Quote:
__________________
2013 535 X Drive, Alpine White/M Sport/Executive/Apps/Black Dakota/Fineline Anthracite
|
|
Appreciate
0
|
02-12-2014, 02:06 PM | #26 | |
Major
778
Rep 1,070
Posts |
Quote:
__________________
2018 M3 6 spd
2017 M3 AW/SO 6spd 2014 435i M sport BSM/Coral 6spd (retired) 2013 550i M sport Alpine White/Cinnamon (retired) |
|
Appreciate
0
|
02-12-2014, 03:42 PM | #27 | |
Private
1
Rep 90
Posts |
Quote:
|
|
Appreciate
0
|
02-12-2014, 03:47 PM | #28 | |
Private
1
Rep 90
Posts |
Quote:
Actually the tax has been paid to the state already by BMW. Your monthly payments are paying the state tax back to BMW, plus interest and a new owner would be taxed on the remaining number of payments including the tax so it won't change a thing. |
|
Appreciate
0
|
02-12-2014, 04:46 PM | #29 | |
Major
778
Rep 1,070
Posts |
Quote:
__________________
2018 M3 6 spd
2017 M3 AW/SO 6spd 2014 435i M sport BSM/Coral 6spd (retired) 2013 550i M sport Alpine White/Cinnamon (retired) |
|
Appreciate
0
|
02-12-2014, 05:58 PM | #30 |
Colonel
356
Rep 2,080
Posts |
|
Appreciate
0
|
02-12-2014, 06:01 PM | #31 |
Colonel
356
Rep 2,080
Posts |
FWIW... there is a lease deal on a 2014, available now, $75k msrp for $699 a month, plus sales tax, plus inceptions, plus dealer/doc fees + 7 MSDs....
That would net to $800 a month, with $0 due at signing besides MSRP. So the deal above is still better than an deal on a 2014.... Plus it allows someone to have a shorter lease duration, which is ideal for many. Assuming the lease takeover isn't in NY or any state which would collect the tax again on the remaining payments. Either way, can't say the OP's deal is bad. |
Appreciate
0
|
02-12-2014, 10:40 PM | #33 | |
Lieutenant
22
Rep 585
Posts |
Quote:
__________________
2013 535 X Drive, Alpine White/M Sport/Executive/Apps/Black Dakota/Fineline Anthracite
|
|
Appreciate
0
|
02-12-2014, 10:45 PM | #34 |
Lieutenant
22
Rep 585
Posts |
The 60% residual is BMWs number to move cars out the door. No way the car will sell at that value after 3 years, which is why lessees don't buy them out, they get into a new car. BMW sends the car to the dealer auction and takes the loss on the difference between the residual and what the car sells for at auction.
__________________
2013 535 X Drive, Alpine White/M Sport/Executive/Apps/Black Dakota/Fineline Anthracite
|
Appreciate
0
|
02-15-2014, 08:33 AM | #36 |
Lieutenant
22
Rep 585
Posts |
It's hard to bump a car deal with 4 flat tires.
__________________
2013 535 X Drive, Alpine White/M Sport/Executive/Apps/Black Dakota/Fineline Anthracite
|
Appreciate
0
|
02-16-2014, 06:45 AM | #37 |
Private
6
Rep 74
Posts |
|
Appreciate
0
|
02-21-2014, 03:39 PM | #39 | |
Lieutenant
22
Rep 585
Posts |
Quote:
Good Luck.
__________________
2013 535 X Drive, Alpine White/M Sport/Executive/Apps/Black Dakota/Fineline Anthracite
|
|
Appreciate
0
|
02-22-2014, 07:29 AM | #40 | |
Private
6
Rep 74
Posts |
Quote:
|
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|