2014 BMW 328d 4cyl diesel - Defender Source
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  #1  
Old April 3rd, 2015, 11:57 AM
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2014 BMW 328d 4cyl diesel

Looking to see if anyone would be interested in taking over a lease, currently moving and need a truck again where im going.
BMW is in brand new condition, looks like it just came off the lot, got it in august to use as a commuter car.



Fully loaded, put 8k down on it for $243 monthly payments. 2 year 20k mile lease, currently at 15k miles with the long commute.





Has the BMW Msport package which gives it the M sport seats and interior plus upgraded wheel package, sunroof, navigation, everything.

Looking for 6k to take over lease. Open to offers just to take it off my hands.
Cars in perfect condition, would keep it if I wasn't moving.

Have the basic photos, if interested let me know what you would like to see.





VIN is WBA3D5C58EKX96205 for anyone that wants to check it.





Its not a defender, but its fun to drive, and gets better mpg, 40+ normally.
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  #2  
Old April 3rd, 2015, 12:20 PM
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How long is left on the lease
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  #3  
Old April 3rd, 2015, 12:24 PM
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Quote:
Originally Posted by tjfslaughter View Post
How long is left on the lease


Lease is through 08/16 with the option to buy it out at the end. Or with BMW you can buy it out at anytime during the lease.


With the over miles that will obviously occur you can either purchase more at .16cents per mile, or if your going to buy it the dealer will normally not charge you for over mileage.
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  #4  
Old April 3rd, 2015, 01:27 PM
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Fyi, friend's workplace leased a Nissan for the co owner, who just got bought out two months after the lease started. They were able to turn it back losing $3k in the process.
Pretty sure BMW was just giving away leases on three series but its an avenue worth checking into. Dealers like low mileage vehicles.

Out of interest, hows the MPG on that?
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  #5  
Old April 3rd, 2015, 01:34 PM
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Mileage is usually in the high 30's, low to mid 40's on these. I was looking at them when I went diesel for the wife's car.
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  #6  
Old April 3rd, 2015, 02:01 PM
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During the winter I got about 38 summer was around 40-41
Granted I do 60 miles highway everyday at 75-80mph
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  #7  
Old April 3rd, 2015, 03:08 PM
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Always willing to come down on price for forum members,
No reasonable offer refused.
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  #8  
Old April 6th, 2015, 11:15 AM
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Carmax would buy it from you but you know who would be making a profit. At least it would be less hustle than selling to someone on the street. Better than other stealerships.
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  #9  
Old April 7th, 2015, 01:46 PM
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Are taxes included in the $243?
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  #10  
Old April 8th, 2015, 02:42 PM
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Confused about this

Pay you $6k, plus $243 per month for the next 16 months?

For a grand total of $10k to drive it for 16 months? That breaks down to $625 per month

vs. buy a new one and put $6k down, finance for 60 months for roughly the same monthly payment (625-650)

Without being buried in an over mileage lease

Not sure I understand the economy here
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  #11  
Old April 8th, 2015, 03:10 PM
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Just Transfer fees,
Dropping price to 2,000 to take it.


Little more reasonable than the 6k
Would cost less now even with the over mileage than leasing I believe.
Just need it gone before we move
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  #12  
Old April 8th, 2015, 03:20 PM
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What are the transfer fees? And when are you moving?

And what is the buyout on the lease in Aug 16
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  #13  
Old April 8th, 2015, 03:22 PM
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Quote:
Originally Posted by transientmechanic View Post
Confused about this

Pay you $6k, plus $243 per month for the next 16 months?

For a grand total of $10k to drive it for 16 months? That breaks down to $625 per month

vs. buy a new one and put $6k down, finance for 60 months for roughly the same monthly payment (625-650)

Without being buried in an over mileage lease

Not sure I understand the economy here
His wording hasn't really been clearly defined so it's hard to tell what his terms are here. Why anyone would lease a car while racking up over 2,145 miles per month just commuting is beyond reason to me, but then again so is defender ownership in general.
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  #14  
Old April 8th, 2015, 03:38 PM
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Perhaps I'm a little off, but with 17 months and 5,000 miles left on the lease (i.e. a little less than 10 miles a day to not go over), with $2k down and $243/month, it'll cost about $1.25/mile just to drive this thing per the lease terms (not including fuel or any transfer fees), right?
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  #15  
Old April 8th, 2015, 03:41 PM
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The only play here is to buy it out at the end of the lease, which obviously the biggest factor is what the buy out is. Knowing BMW, it's probably like $35k or more.
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  #16  
Old April 8th, 2015, 03:54 PM
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Agree with ^^the last few comments ^^. The OP is going to be outlaying (not collecting) cash to unload this lease. That, or find someone that does not understand them. GLWTT (transfer).


Edit - good points. Clarification, not bashing.
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  #17  
Old April 8th, 2015, 04:01 PM
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I'm not bashing. I'm trying to clarify what the terms are. I'm actually tentatively interested pending what the buyout is. But I'm afraid its too high ($35k plus as stated)
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  #18  
Old April 8th, 2015, 04:03 PM
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I don't see bashing I see terms that weren't clearly defined, and buyers trying to figure out the motivation. Clarification isn't bashing. I'd actually thought that he originally wanted $6k cash and the new person wouldn't be responsible for the $243/month - you can see with his new terms of $2k down, at $243/month over 17 months my assumption would have only been ~$130 off.
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