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      03-11-2018, 11:35 PM   #1
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I'm looking to transfer the lease on my essentially brand new 2018 M240i M Performance Edition with manual transmission. Currently only has 700 miles on it. The car is in mint condition and is a great value at this price. I simply decided to get an M2 instead and I'm looking to get out of the lease. Note that this is a Limited Edition car with all the M Performance parts listed below installed at the factory in Germany not the port or the dealership. You can read about the M Performance Edition here and here (note that different equipment was shipped to different countries). According to R&T only 75 of these were shipped to the US.

Will pay a $2,700 incentive to get the transfer initiated ASAP!

See the listing on swapalease.com:

http://www.swapalease.com/lease/deta...?salid=1237173


See additional free extras at the bottom of the description.

Car Description:
  • Apine White
  • Premium Package
  • Apple CarPlay
  • M Performance Edition (includes the following factory installed items):
    • M Performance Carbon Fiber Rear Spoiler
    • M Performance Rear Diffuser
    • M Performance Carbon Fiber Exhaust Pipe Finishers
    • M Performance Carbon Fiber Mirror Caps
    • M Performance side sills
    • M Performance Front Splitter
    • M Performance Black Kidney Grills
    • 19"M Double-spoke wheels - style 405 - and RunFlat tires 225/35 R19 (front) and 245/30 R19 (rear)
Financials:
  • MSRP: 54,445
  • Monthly payment: $597.92 + your state tax
  • Payments remaining: 34. Next payment due April 18th (paid ahead)
  • Current Mileage: 700
  • Total contracted mileage: 30,025 (car had 8 miles on it when I got it, most of it was my test drive; dealer just wrote 25)
  • Excess charge per mile: $0.25
  • Contract end date: 2/18/2021
  • Residual value: $28,325.85
  • Payoff amount (through April 15): $44,421.87

Extras:
  • Car also has $600 Ultimate Care+ covering wear and tear items like brake pads, clutch, wiper blades. This is transferable to the next owner.
  • One lease payment was paid ahead of time (was due a credit that went to this lease). So if you get the car now you would have 34 months starting April 18. Any time before then is yours free!
  • Will throw in my used set of winter wheels and tires. A set of 4 17" wheels with 225/45 17 Toyo Garit tires that were used for 2 seasons on my previous 2015 M235i. The M240i has not been driven in the snow! See attached photos below in the update posted on March 15.

PM me if you're interested.

Attached Images
           
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Last edited by silverado; 03-28-2018 at 06:56 PM..
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      03-12-2018, 06:24 PM   #2
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Quote:
Originally Posted by silverado View Post
I'm looking to transfer the lease on my essentially brand new 2018 M240i M Performance Edition with manual transmission. Currently only has 700 miles on it. The car is in mint condition and is a great value at this price. I simply decided to get an M2 instead and I'm looking to get out of the lease. Note that this is a Limited Edition car with all the M Performance parts listed below installed at the factory in Germany not the port or the dealership. You can read about the M Performance Edition here and here (note that different equipment was shipped to different countries). According to R&T only 75 of these were shipped to the US.

Car Description:
  • Apine White
  • Premium Package
  • Apple CarPlay
  • M Performance Edition (includes the following factory installed items):
    • M Performance Carbon Fiber Rear Spoiler
    • M Performance Rear Diffuser
    • M Performance Carbon Fiber Exhaust Pipe Finishers
    • M Performance Carbon Fiber Mirror Caps
    • M Performance side sills
    • M Performance Front Splitter
    • M Performance Black Kidney Grills
    • 19"M Double-spoke wheels - style 405 - and RunFlat tires 225/35 R19 (front) and 245/30 R19 (rear)
Financials:
  • MSRP: 54,445
  • Monthly payment: $597.92 + your state tax
  • Payments remaining: 34. Next payment due April 18th (paid ahead)
  • Current Mileage: 700
  • Total contracted mileage: 30,025 (car had 8 miles on it when I got it, most of it was my test drive; dealer just wrote 25)
  • Excess charge per mile: $0.25
  • Contract end date: 2/18/2021
  • Residual value: $28,325.85
  • Payoff amount (through April 15): $44,421.87

Notes:
  • Car also has $600 Ultimate Care+ covering wear and tear items like brake pads, clutch, wiper blades. This is transferable to the next owner.
  • One lease payment was paid ahead of time (was due a credit that went to this lease). So if you get the car now you would have 34 months starting April 18. Any time before then is yours free!

PM me if you're interested.
Such a beautiful car! GLWS!
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      03-12-2018, 08:49 PM   #3
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Quote:
Originally Posted by drexplode View Post
Such a beautiful car! GLWS!
It sure is! Thank you.
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      03-12-2018, 09:56 PM   #4
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Quote:
Originally Posted by silverado View Post
I'm looking to transfer the lease on my essentially brand new 2018 M240i M Performance Edition with manual transmission. Currently only has 700 miles on it. The car is in mint condition and is a great value at this price. I simply decided to get an M2 instead and I'm looking to get out of the lease. Note that this is a Limited Edition car with all the M Performance parts listed below installed at the factory in Germany not the port or the dealership. You can read about the M Performance Edition here and here (note that different equipment was shipped to different countries). According to R&T only 75 of these were shipped to the US.

Car Description:
  • Apine White
  • Premium Package
  • Apple CarPlay
  • M Performance Edition (includes the following factory installed items):
    • M Performance Carbon Fiber Rear Spoiler
    • M Performance Rear Diffuser
    • M Performance Carbon Fiber Exhaust Pipe Finishers
    • M Performance Carbon Fiber Mirror Caps
    • M Performance side sills
    • M Performance Front Splitter
    • M Performance Black Kidney Grills
    • 19"M Double-spoke wheels - style 405 - and RunFlat tires 225/35 R19 (front) and 245/30 R19 (rear)
Financials:
  • MSRP: 54,445
  • Monthly payment: $597.92 + your state tax
  • Payments remaining: 34. Next payment due April 18th (paid ahead)
  • Current Mileage: 700
  • Total contracted mileage: 30,025 (car had 8 miles on it when I got it, most of it was my test drive; dealer just wrote 25)
  • Excess charge per mile: $0.25
  • Contract end date: 2/18/2021
  • Residual value: $28,325.85
  • Payoff amount (through April 15): $44,421.87

Notes:
  • Car also has $600 Ultimate Care+ covering wear and tear items like brake pads, clutch, wiper blades. This is transferable to the next owner.
  • One lease payment was paid ahead of time (was due a credit that went to this lease). So if you get the car now you would have 34 months starting April 18. Any time before then is yours free!

PM me if you're interested.
Wow! What a machine!!!!
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      03-12-2018, 10:13 PM   #5
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Quote:
Originally Posted by gk09 View Post
Quote:
Originally Posted by silverado View Post
I'm looking to transfer the lease on my essentially brand new 2018 M240i M Performance Edition with manual transmission. Currently only has 700 miles on it. The car is in mint condition and is a great value at this price. I simply decided to get an M2 instead and I'm looking to get out of the lease. Note that this is a Limited Edition car with all the M Performance parts listed below installed at the factory in Germany not the port or the dealership. You can read about the M Performance Edition here and here (note that different equipment was shipped to different countries). According to R&T only 75 of these were shipped to the US.

Car Description:
  • Apine White
  • Premium Package
  • Apple CarPlay
  • M Performance Edition (includes the following factory installed items):
    • M Performance Carbon Fiber Rear Spoiler
    • M Performance Rear Diffuser
    • M Performance Carbon Fiber Exhaust Pipe Finishers
    • M Performance Carbon Fiber Mirror Caps
    • M Performance side sills
    • M Performance Front Splitter
    • M Performance Black Kidney Grills
    • 19"M Double-spoke wheels - style 405 - and RunFlat tires 225/35 R19 (front) and 245/30 R19 (rear)
Financials:
  • MSRP: 54,445
  • Monthly payment: $597.92 + your state tax
  • Payments remaining: 34. Next payment due April 18th (paid ahead)
  • Current Mileage: 700
  • Total contracted mileage: 30,025 (car had 8 miles on it when I got it, most of it was my test drive; dealer just wrote 25)
  • Excess charge per mile: $0.25
  • Contract end date: 2/18/2021
  • Residual value: $28,325.85
  • Payoff amount (through April 15): $44,421.87

Notes:
  • Car also has $600 Ultimate Care+ covering wear and tear items like brake pads, clutch, wiper blades. This is transferable to the next owner.
  • One lease payment was paid ahead of time (was due a credit that went to this lease). So if you get the car now you would have 34 months starting April 18. Any time before then is yours free!

PM me if you're interested.
Wow! What a machine!!!!
I want those rims so bad! Can’t track them down here in Canada. Oh GLWS
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      03-12-2018, 10:28 PM   #6
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Quote:
Originally Posted by gk09 View Post
Wow! What a machine!!!!
It really is! It was VERY difficult getting to the decision to let go of it.
__________________
2018 F87 M2 | LBB | Executive | Moon Roof | Apple CarPlay [2018 F22 M240 (sold) ; 2015 F22 M235i (sold); 2006 E90 330i (sold); 1983 E30 Coupe 320i (sold)]

Last edited by silverado; 03-15-2018 at 12:30 AM..
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      03-12-2018, 10:44 PM   #7
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Quote:
Originally Posted by silverado View Post
Quote:
Originally Posted by gk09 View Post
Wow! What a machine!!!!
It really is! ItÂ’s was VERY difficult getting to the decision to let go of it.
I believe and I’m shocked. I looked at the M2 and went with the M240 and boy given what you have with the Performance edition you really must have loved the M2. Congrats on the M2!
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      03-12-2018, 10:45 PM   #8
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Quote:
Originally Posted by gk09 View Post
I want those rims so bad! CanÂ’t track them down here in Canada. Oh GLWS
Thank you. You can get these with a new set of tires and car
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      03-15-2018, 12:18 AM   #9
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Bump

Will throw in my used set of winter wheels and tires. A set of 4 17" wheels with 225/45 17 Toyo Garit winter tires that were used for 2 seasons on my previous 2015 M235i. The M240i has not been driven in the snow!

See attached photos.
Attached Images
  
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      03-19-2018, 09:15 PM   #10
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Will offer a $1,700 incentive to initiate the transfer ASAP! This is in addition to all the listed extras. This is now firmly in the “steal” category!
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      03-21-2018, 12:53 PM   #11
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Added a photo of the odometer. Not even 700 miles yet
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      03-28-2018, 10:06 PM   #12
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How do you go about the application process ?
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      03-28-2018, 10:22 PM   #13
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Quote:
Originally Posted by Noeavillatoro View Post
How do you go about the application process ?
Please apply through swapalease at the following link:

http://www.swapalease.com/lease/deta...?salid=1237173
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      03-29-2018, 04:18 PM   #14
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Quote:
Originally Posted by Noeavillatoro View Post
How do you go about the application process ?
You and OP reach a mutual deal. His current offer is a STEAL!
After virtual handshake, you provide full legal name and email address.
OP calls BMWFS to initiate lease transfer and provides your name and email address.
BMWFS sends credit application via email and requests pay of $500 + tax.
You submit electronic credit app + payment. If rejected then everything is returned except $100. If approved, then continue to stage 2.
Stage 2: BMW will send contract docs to you and OP via email. Both of you sign individually and send to BMWFS next day air (to speed up the process)
BMW will notify each of you once docs are received and approved. If an error occurs then BMWFS will contact you. Errors usually occur when assuming party forgets to send in picture of drivers license and/or insurance card.
Stage 3: BMW informs both parties that lease has been transferred. New owner will receive registration docs via fedex next day (I think you have to request). OP will receive letter via USPS informing lease has been transferred to new owner. OP can release the car immediately after email informing of stage 3 complete.
Last but not least, get your car!!
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      03-30-2018, 05:37 AM   #15
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Quote:
Originally Posted by drexplode View Post
Quote:
Originally Posted by Noeavillatoro View Post
How do you go about the application process ?
You and OP reach a mutual deal. His current offer is a STEAL!
After virtual handshake, you provide full legal name and email address.
OP calls BMWFS to initiate lease transfer and provides your name and email address.
BMWFS sends credit application via email and requests pay of $500 + tax.
You submit electronic credit app + payment. If rejected then everything is returned except $100. If approved, then continue to stage 2.
Stage 2: BMW will send contract docs to you and OP via email. Both of you sign individually and send to BMWFS next day air (to speed up the process)
BMW will notify each of you once docs are received and approved. If an error occurs then BMWFS will contact you. Errors usually occur when assuming party forgets to send in picture of drivers license and/or insurance card.
Stage 3: BMW informs both parties that lease has been transferred. New owner will receive registration docs via fedex next day (I think you have to request). OP will receive letter via USPS informing lease has been transferred to new owner. OP can release the car immediately after email informing of stage 3 complete.
Last but not least, get your car!!
Thanks a lot drexplode for outlining all the steps! Yes, with the current $2,700 incentive it is truly a steal!!

Unfortunately I think I'll only be able to keep this listing open for a couple more days after which I'll probably sell it to the dealer at a big loss.
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      03-31-2018, 02:59 PM   #16
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Sold it to the dealer today and picked up my M2. Too bad no one else got it (would have been a win-win). In this case only the dealer won. Oh well... Off to forget about my loss and enjoy my M2!
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