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      07-28-2009, 09:21 AM   #1
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Arrow '08 Jerez Black E92 M3 Lease Assumption or Option to Buy

Lease Assumption or Option to Buy

2008 BMW E92 M3 Coupe 6MT
Jerez Black
Black Novillo
Aluminum Trim

Premium Package
Cold Weather Package
Navigation System
HD Radio

Original MSRP: $65,000
Negotiated Price: $60,000
Down Payment: $3,000 including first month & fees

Term: 36 Months
Annual Mileage: 15,000

Monthly Payment: $749.00

*Registered in NH therefore there is no Sales Tax applied to that payment

Term Start: November 1st, 2008
Current Mileage: 14,000
*BMW has a mileage purchase program which enables the owner to purchase miles at cost (same price at inception) before they return the car to avoid penalties or charges after the fact
*Currently the car is 2 months ahead on mileage

Money Factor: .0005 or approximately 1.20% (phenomenal rate for a lease)

As of Today (7/28) the pay-off to purchase the car straight up is $51,553.91

*The car is in immaculate condition and is being professionally detailed inside and out this Friday with 2 coats of Swissvax and the works


Aftermarket Accessories (Installed):

Painted Reflectors
Gloss Black Grills
GP Thunder 7500k Angel Eyes
Bimmian Interior LED (with Original & Spare LED Bulbs)

RPi Swoop Scoops
Macht Schnell Air Filter
AC Schnitzer Race Spec Exhaust
Supersprint X-Pipe with custom fabricated connecting pipes

Aftermarket Accessories (Uninstalled & Included in Sale):

AC Schnitzer Aluminum Pedals
Nokya 2500k Super Yellow Bulbs (Angel Eyes)
Stock Exhaust (Mint Condition)

*All Aftermarket Accessories are included with the exception of the AC Schnitzer Exhaust & Supersprint X-Pipe.. that will be an additional $1,000 (Original Price is $2,500)

*I’m definitely losing out on this deal but I simply cannot afford the car and pursue other business ventures at the same time, I am not looking for reimbursement for the Down Payment or Aftermarket Accessories (with the exception of the exhaust), simply that whomever does decide to purchase this car, they take care of it properly and show it the same respect I did.. she will be missed

*Serious buyers only.. there is not much else I can do to ‘sweeten’ the deal.. feel free to contact here or via PM

*This car has been garaged since day one

Pictures:

http://www.m3post.com/forums/showthread.php?t=270587

http://www.m3post.com/forums/showthread.php?t=231532

http://www.m3post.com/forums/showthread.php?t=188420


*Update

I spoke with BMW Financial to get more details and here is what I found:

There is a $500 Lease Transfer Fee
Sales Tax (depending on your state) will be applied on the remaining payments of the car (currently 26)

New Jersey, New York, Illinois, Ohio, & Texas are upfront states for tax therefore using a rate of 8% applied to the remaining payments, the total tax will be approximately $1,500 for the remainder of the lease.

So overall with the lease transfer fee of $500 and the estimated sales tax of $1,500 the buyer will pay $2,000 up front but will maintain the $749 a month lease rate.

For states not on an ‘up-front’ system, they will have their taxes spread out monthly, which equates to approximately $50 per month extra.

As far as buying the car straight up, BMW can only sell me the car legally as it is registered in my name, otherwise a dealership will need to be involved to complete the purchase.

Hope this information helps.
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      07-28-2009, 09:26 AM   #2
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That's a KILLER deal! Too bad my lease doesn't end until next May, or else I would definitely jump on this deal!

GL!

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      07-28-2009, 10:47 AM   #3
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If the pedals are authentic, pm me with a price on them. GL with the sale.
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      07-28-2009, 01:28 PM   #4
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The pedals are replicas but you can't tell the difference, great quality

thanks for the support
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      07-28-2009, 01:51 PM   #5
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bump for a killer deal! that price is ridicolous
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      07-28-2009, 02:00 PM   #6
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damn, i wish i didnt have my car, id jump at this in a sec.

good luck with the sale, im sure it wont last at all....
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      07-28-2009, 02:02 PM   #7
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Quote:
Originally Posted by Queenskid24 View Post
damn, i wish i didnt have my car, id jump at this in a sec.

good luck with the sale, im sure it wont last at all....
+1, an M for 750, if i didnt just shell out the cash to buy my car, i would jump on this for sure!
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      07-28-2009, 03:12 PM   #8
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thanks all.. it was no easy task getting such a deal.. a lot of research, patience, and persistence..

whomever takes me up on the offer won't regret it!

it sounds like an Aston Martin V8 Vantage with the ACS Exhaust!
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      07-28-2009, 03:18 PM   #9
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Quote:
Originally Posted by Diamond Skyline View Post
thanks all.. it was no easy task getting such a deal.. a lot of research, patience, and persistence..

whomever takes me up on the offer won't regret it!

it sounds like an Aston Martin V8 Vantage with the ACS Exhaust!
i'd take an ///M any day if its around in five months, ill buy it! but i doubt this deal will last that long!!, somebody should grab this!
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      07-29-2009, 01:31 AM   #10
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Quote:
Originally Posted by Diamond Skyline View Post
thanks all.. it was no easy task getting such a deal.. a lot of research, patience, and persistence..

whomever takes me up on the offer won't regret it!

it sounds like an Aston Martin V8 Vantage with the ACS Exhaust!
would you consider a switch for my 328i 6mt e92. youll be saving money monthly in excess of $250. I have one year left. Let me know.
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      07-29-2009, 08:39 AM   #11
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Quote:
Originally Posted by Queenskid24 View Post
would you consider a switch for my 328i 6mt e92. youll be saving money monthly in excess of $250. I have one year left. Let me know.
thanks for the offer but my sister is leaving for college so i will be taking her honda civic in the interim.. and ultimately i want to purchase a car straight cash and not have to worry about payments
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      07-29-2009, 06:14 PM   #12
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Deal sounds very good but the problem is always getting out of the current car im in.
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      07-30-2009, 02:47 PM   #13
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Quote:
Originally Posted by gtrokin330 View Post
Deal sounds very good but the problem is always getting out of the current car im in.
seems to be the case with most of the people interested

there are three pending buyers at the moment.. scheduling times to preview the car at the moment

if anyone is serious please chime in

thanks!
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      07-30-2009, 06:50 PM   #14
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Damnit if only this was 1 year down the road when my lease is up I would pick this up instantly. GLWS though.
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      07-30-2009, 10:22 PM   #15
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Quote:
Originally Posted by Dragonman4 View Post
Damnit if only this was 1 year down the road when my lease is up I would pick this up instantly. GLWS though.
thanks mate
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      07-31-2009, 08:19 PM   #16
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bump
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      08-02-2009, 07:09 PM   #17
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      08-09-2009, 11:23 AM   #18
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