FEELER: 2016 BMW M4 Lease Transfer ($1,111.85/month)

Ggeezer · 06-01-2017, 09:13 PM

Sold.

bobblehead · 06-02-2017, 03:50 PM

$7500 payment to you ? You did not put any $ down on your lease to begin with. Based on info listed, all fees were rolled into the lease.

Ggeezer · 06-02-2017, 03:58 PM

Quote:

Originally Posted by bobblehead

$7500 payment to you ? You did not put any $ down on your lease to begin with. Based on info listed, all fees were rolled into the lease.

Yes. Tax savings on accommodation sale and a fantastic deal.

PM me if you're serious.

swntr · 06-03-2017, 12:26 AM

delusional

allen3ybq · 06-03-2017, 12:32 AM

Quote:

Originally Posted by swntr

delusional

Maybe he means Canadian dollar?

Ggeezer · 06-03-2017, 01:36 AM

Quote:

Originally Posted by allen3ybq

Quote:

Originally Posted by swntr

delusional

Maybe he means Canadian dollar?

Yes it's in CAD. An identically equipped 2017 M4 goes for $1,660CAD per month.

bobblehead · 06-03-2017, 06:17 AM

in other words, if someone is going to pay you that $7500, then it actually cost you $0 during your 6 months of ownership. Nice.

Montreal M2 · 06-04-2017, 03:35 PM

Quote:

Originally Posted by bobblehead

in other words, if someone is going to pay you that $7500, then it actually cost you $0 during your 6 months of ownership. Nice.

Hey, I wish my car cost me 0$

More power to ya

blue dragon · 06-05-2017, 07:30 PM

Ggeezer · 06-14-2017, 06:22 PM

Bump

Ggeezer · 06-24-2017, 11:35 AM

Ttt

Ggeezer · 07-01-2017, 11:49 AM

Long weekend bump #2.

Ggeezer · 07-17-2017, 04:39 PM

Bump!

FirstF80InSpace · 07-18-2017, 07:44 AM

I don't think anyone would ever be interested in this. Especially with the upfront payment.

If anything, you should be offering an upfront payment to whoever is willing to takeover the lease.

T.dot401 · 07-18-2017, 09:34 AM

Wow this seems like a great deal. Competition package minimum your looking at is $1600 CDN.

Ggeezer · 07-18-2017, 10:50 AM

To confirm, the $1,111.53/month payment applies to QC residents only. For non-QC residents, it's $1,091+tax.

From what I've seen (leasebusters/kijiji), the payment is significantly lower than any other M car in Canada.

bobblehead · 07-18-2017, 12:40 PM

Quote:

Originally Posted by T.dot401

Wow this seems like a great deal. Competition package minimum your looking at is $1600 CDN.

with interest rate now down slightly, you would be looking at around $1300 + taxes now. 48 months. $0 down. same packages + EWT as OP. assuming 7% off for leftover MY17.

xfactor · 07-18-2017, 01:05 PM

Quote:

Originally Posted by bobblehead

with interest rate now down slightly, you would be looking at around $1300 + taxes now. 48 months. $0 down. same packages + EWT as OP. assuming 7% off for leftover MY17.

Was looking at the lease package, they will not budge from the 4.9% on the M4s. So with ZCP, you're right, it will be around $1400 with 5% discount on a 36 month lease (not even 48).

bobblehead · 07-18-2017, 01:18 PM

For July 2017, the interest rate is 3.9% (for MY17). Interest rate for MY18 is 5.9%.

Ggeezer · 07-19-2017, 04:13 PM

Quote:

Originally Posted by bobblehead

with interest rate now down slightly, you would be looking at around $1300 + taxes now. 48 months. $0 down. same packages + EWT as OP. assuming 7% off for leftover MY17.

My payment is $1,091+tax resulting in a $240/month difference - still significant

. If you're a QC resident, the difference is another bracket altogether at $380/month.

I've reduced my ask to $4,000 down.

Ggeezer · 08-04-2017, 06:08 PM

Bump. Apparently BMW FS is stricter when determining credit worthiness for lease transfers than for new cars so car is still up for grabs.

DP reduced to $3k.

FirstF80InSpace · 08-05-2017, 10:06 AM

Quote:

Originally Posted by Ggeezer

Bump. Apparently BMW FS is stricter when determining credit worthiness for lease transfers than for new cars so car is still up for grabs.

DP reduced to $3k.

In two months, your DP ask went from $7500 to $3000. Man, that's falling quicker than housing prices in Toronto.

06-01-2017, 09:13 PM	#1
Ggeezer Captain 252 Rep 822 Posts Drives: . Join Date: Dec 2012 Location: Montreal iTrader: (4)	FEELER: 2016 BMW M4 Lease Transfer ($1,111.85/month) Sold. Last edited by Ggeezer; 08-31-2017 at 09:26 PM.. Reason: price drop
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06-03-2017, 12:26 AM	#4
swntr Banned 24 Rep 54 Posts Drives: F80 M3 Join Date: Jul 2016 Location: Vancouver iTrader: (0)	delusional
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06-03-2017, 06:17 AM	#7
bobblehead Brigadier General 256 Rep 4,721 Posts Drives: warp speed Join Date: Aug 2009 Location: Toronto, On iTrader: (0)	in other words, if someone is going to pay you that $7500, then it actually cost you $0 during your 6 months of ownership. Nice. Last edited by bobblehead; 06-03-2017 at 06:56 AM..
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06-05-2017, 07:30 PM	#9
blue dragon Lieutenant Colonel 1190 Rep 1,544 Posts Drives: '22 Tesla MY + '23 Tesla MY Join Date: Jul 2010 Location: Land of high taxes and crappy healthcare iTrader: (2)	__________________ \| '22 Tesla Model Y P - My daily \| '23 Tesla Model Y LR - Wife's daily \| '17 F15 35D - missed daily \|
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06-14-2017, 06:22 PM	#10
Ggeezer Captain 252 Rep 822 Posts Drives: . Join Date: Dec 2012 Location: Montreal iTrader: (4)	Bump
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06-02-2017, 03:50 PM	#2
bobblehead Brigadier General 256 Rep 4,721 Posts Drives: warp speed Join Date: Aug 2009 Location: Toronto, On iTrader: (0)	$7500 payment to you ? You did not put any $ down on your lease to begin with. Based on info listed, all fees were rolled into the lease.
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06-24-2017, 11:35 AM	#11
Ggeezer Captain 252 Rep 822 Posts Drives: . Join Date: Dec 2012 Location: Montreal iTrader: (4)	Ttt
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07-01-2017, 11:49 AM	#12
Ggeezer Captain 252 Rep 822 Posts Drives: . Join Date: Dec 2012 Location: Montreal iTrader: (4)	Long weekend bump #2.
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07-17-2017, 04:39 PM	#13
Ggeezer Captain 252 Rep 822 Posts Drives: . Join Date: Dec 2012 Location: Montreal iTrader: (4)	Bump!
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07-18-2017, 07:44 AM	#14
FirstF80InSpace ///M You 344 Rep 619 Posts Drives: 2019 Porsche 718 Cayman S Join Date: Jun 2016 Location: Canada iTrader: (0)	I don't think anyone would ever be interested in this. Especially with the upfront payment. If anything, you should be offering an upfront payment to whoever is willing to takeover the lease.
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07-18-2017, 09:34 AM	#15
T.dot401 New Member 4 Rep 28 Posts Drives: M4 Join Date: Feb 2017 Location: Canada iTrader: (0)	Wow this seems like a great deal. Competition package minimum your looking at is $1600 CDN.
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07-18-2017, 10:50 AM	#16
Ggeezer Captain 252 Rep 822 Posts Drives: . Join Date: Dec 2012 Location: Montreal iTrader: (4)	To confirm, the $1,111.53/month payment applies to QC residents only. For non-QC residents, it's $1,091+tax. From what I've seen (leasebusters/kijiji), the payment is significantly lower than any other M car in Canada.
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07-18-2017, 01:18 PM	#19
bobblehead Brigadier General 256 Rep 4,721 Posts Drives: warp speed Join Date: Aug 2009 Location: Toronto, On iTrader: (0)	For July 2017, the interest rate is 3.9% (for MY17). Interest rate for MY18 is 5.9%.
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08-04-2017, 06:08 PM	#21
Ggeezer Captain 252 Rep 822 Posts Drives: . Join Date: Dec 2012 Location: Montreal iTrader: (4)	Bump. Apparently BMW FS is stricter when determining credit worthiness for lease transfers than for new cars so car is still up for grabs. DP reduced to $3k.
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