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View Full Version : Fs: 2008 Bmw 528i Lease Take Over



slowy
10-23-2008, 03:15 PM
LEASE TAKE OVER FOR A FRIEND

Vehicle Details
Year : 2008
Make and Model : BMW 528i
Exterior Color : BLACK SAPPHIRE
Interior Color : NATUAL BROWN LEATHER
Auto or Manual? : 6 SPEED MANUAL
Description : BAMBOO WOOD TRIM
Extras : PREMIUM PACKAGE, BLUETOOTH (STD), USB INTERGRATION (IPOD), 20" AFTER MARKET SUMMER RIMS/TIRES, 18" FACTORY WITH ALL SEASON TIRES
Asking Price : 32 MONTHS REMAINING @ 1118.75/MTH

WILL PAY $5000 CASH INCENTIVE FOR LEASE TAKE OVER AS WELL AS A $1150 SECURITY DEPOSIT WILL TRANSFER TO NEW BUYER

Pictures :

slowy
10-24-2008, 04:46 PM
payment on a 2009 528i similar equipment $1200+ on 39mth lease with 0 down

lease start-up on new 2009 528i is $3200.00

slowy
11-03-2008, 10:11 AM
MONDAY BUMP!!

slowy
11-10-2008, 05:08 PM
BUMP

KISS_ME
11-12-2008, 01:51 PM
Can i ask how this works? Im kinda new to leasing so forgive me.

So in short do you pay me $5k cash if i take over lease? wahts the secruity deposit for?

slowy
11-12-2008, 03:34 PM
i'm not sure exactly how it works either, i'm posting for a friend, if you are really interested i can give you his contact information.

from i know for sure is yes you will get 5000$ cash when you take over the lease, so pretty much you will have the next 5 months paid for.

with the security deposit i'm not so sure about, i assume that the owner paid a security deposit to cover any cost when the lease is up. (dents and scraps to be fixed) and if there aren't any, you get you deposit back when the lease is up.

ghostlyport
11-12-2008, 03:42 PM
whats the km on it? and the buy-out price? i'm assuming it is a 36 month lease?

slowy
11-13-2008, 11:35 AM
There is 29000km
32000ish buy out
and 31 payments left

slowy
11-24-2008, 01:48 PM
monday bump!!!

HP2133
11-24-2008, 01:58 PM
Cliff notes :

Monthly payment : 1118.75/MTH (+ GST most likely)
Owner leased the vehicle for 8 months and put 29,000 Km on it
Owner will pay CDN 5000 to get rid of it (around 4 months of payment)
Buy-out : around CDN 32,000

Xtrema
11-24-2008, 09:45 PM
One more piece of information missing. What's yearly km allowance?

29K is 18 months of typical mileage even the car is only 8 months old.

JordanLotoski
11-24-2008, 10:47 PM
wanna sell the rims?

slowy
11-25-2008, 09:29 AM
not parting out, sorry

RY213
11-27-2008, 12:33 AM
How does the lease take over typically work? Would the person taking over the lease have to qualify, or is it like assuming a mortgage?