Quote:
Originally Posted by armyboy_brodo
I'm not sure how lease transfer works, but I'm interested. If I was to take over the lease how much would I owe to buy the car out completely and not have to worry about monthly payments? Feel free to PM if you'd rather talk in private.
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As stated in the original post, the current lease payoff is $38,674.40 which is good through 10/24/2013 (see under lease details in the first post).
The way a BMW lease transfer works is that I contact BMW Financial and tell them I am going to transfer the lease. I pay them $500, then you have to go fill out a BMW Financial form for them to perform a credit check.
If you pass the credit check, they transfer the lease to you and then it is 100% yours. You will have the same pre-sales tax payment I have. Your total payment will be different since it will be based on your address as to how much sales tax will be in your monthly payment.