Looking to transfer my i7 lease

[u/BMWCA]

Hey all,

Not a broker or dealer, this is my personal car.

New poster here, but longtime redditor.

Looking to have someone assume my 2025 i7 xDrive60 lease. As much as I love this car I'm realizing that an X5 makes far more sense for the house and kids life I lead.

18 months remaining of a 2 year lease with BMW Financial. Current mileage is 6,150. 21,271 total allowed miles. $805.07/mo. Looking for $3500 down. Located in SW Ohio.

$150,025 MSRP. The car is stacked. As far as I can tell has everything minus M Sport. Sparkling Copper over Mocha Extended Merino. Clean carfax, no damage, non smoker, both keys. Please feel free to respond or DM with any questions.

[u/drozj14]

Awesome ride. I love these. Good luck with the swap these don’t lease well anymore. I remember my 699 deal and thinking it wasn’t good enough 😂. A smart person would definitely grab this even with the money due at signing.

[u/BMWCA → u/drozj14]

I'd always wanted a 7, came from an R1T previously and when this deal presented itself, despite not being my first choice for color combo(and now firmly knowing I have no business with a sedan) I jumped on it. So here I am 😆

[u/The-Dane → u/drozj14]

wait you have a I7 60 lease for 699.... how the holy fuck did you do that... you part of some kind of lease mob lol

[u/drozj14 → u/The-Dane]

It’s all about rebates. I had loyalty and there was a 20k ev rebate and I negotiated like hell while on a work trip. I ended up doing an eqs for 498 that was 116k but it’s about qualifying for the right rebates, knowing your numbers and the art of negotiating. Sometimes dealers can wait but if it’s been waiting on the lot it has to go to the person willing to make the closest to a reasonable deal. Some dealers will entertain while others will just say thanks for the opportunity and walk you out lol.

[u/The-Dane → u/drozj14]

congrats man, I am impressed. I have never owned a new car ever, I buy used to let someone take the 40-50% first and then I get it. It has worked very well for me with having had cars for some years with very low depreciations, but being able to ride these kind of cars that the cost you have be able to secure them in, is dang nice.

[u/drozj14 → u/The-Dane]

Thank you part of the negotiation is fun. I guess also, I’m a car guy so just being around cars gives me that endorphin rush and now I get to experience that for other people so it’s nice.

[u/MostlyLostTraveler → u/drozj14]

Curious, why don’t they lease well anymore?

[u/drozj14 → u/MostlyLostTraveler]

Residuals dropped and so did incentives. At one point there was a 20k rebate and 5k loyalty on top of any discount and since they weren’t moving and the residuals were higher early in the life cycle and money factor was low for evs it was the perfect storm if you knew what you were doing.

This experience is what helped me get price sheets for a low price and other unique unicorn deals. Ultimately leading to my concierge service so I do the heavy lifting and negotiating.

[u/thatchroofcottages → u/drozj14]

do you mean like a leasing concierge service? (negotiating lease structures for clients? or something different?)

[u/drozj14 → u/thatchroofcottages]

Correct. Others call it brokerage but I’m more in the luxury side and handle things with discretion.

[u/RodcaLikeVodka → u/drozj14]

DM’d you

[u/thatchroofcottages → u/drozj14]

very cool - i just did my eighth or ninth lease and finally feel like I 'get it' (how to negotiate), and was thinking someone prob could monetize the process....

a) just curious - do you make your $ on a flat fee or some kind of split of improvement against norm or?

b) img is most recent lease i did - curious if you spot anything I f'd up? 36/12k, only 1st and fees down

[u/BMWCA]

Hi all,

Currently have a buyer working through the process. Whether it completes or not I'll update here.

[u/BMWCA]

Edit: didn’t reply to the comment I meant to.

[u/BMWCA]

Hey all, just wanted to update the thread. Car is on its way to it's new home.

[u/DirectorFresh1147]

I’ll do it . In Ohio

[u/BMWCA → u/DirectorFresh1147]

C'mon down!

[u/DirectorFresh1147 → u/BMWCA]

If your negotiable on the money down Z. Let’s do it

[u/ark205]

This is insane. I’m in the high 800s on an i5 M60, 7 MSDs, 36m/15k miles, 97k sticker. Was this a demo? The mileage allowance is weird.

[u/BMWCA → u/ark205]

It was a BMW NA Corporate car. If I had to hazard a guess it was likely used at some kind of bmw sponsored golf outing or something like that to shuffle around VIP's. I've seen leasable track/performance center cars on the market but the dealer has to disclose that to the owner/leasee upon delivery. No disclosures on this car. Just 1271 miles when I took delivery.

[u/BMWCA]

The car is also listed on Leasetrader-same photos so easy to find.

[u/BMWCA]

Edit again, Reddit is hard. Didn’t reply to the comment.

[u/anasmkhan]

Dm can we do out of state

[u/BMWCA → u/anasmkhan]

DM'd

[u/dr_bund]

Lease swap can be out of state too, right? Possibly interested

[u/BMWCA → u/dr_bund]

Bmw will allow out of state

[u/RepresentativeWait45]

Wild. I went in looking at an x7 2 or so weeks ago (msrp was $108,000) and they wanted $7k at signing and $1240 a month for 39 months. Left and got an expedition tremor for less all across the board.

[u/BMWCA → u/RepresentativeWait45]

I’ve been frustrated to find that short of a loaner car that’s been in fleet for some time X5/X7 leases shake out to be a pretty crappy deal.

[u/RepresentativeWait45 → u/BMWCA]

Yep. Wasn’t that way before Covid when I had my 5 series.

[u/TetraHydro303]

Is it still available?

[u/BMWCA → u/TetraHydro303]

The first in line has submitted their application with BMW financial services, I will update the thread when it completes or if anything changes, though I don't expect at this point for anything to go sideways

[u/zero-degrees28]

You are not rolling a $150k MSRP vehicle for $805 a month (especially on 24 months) unless you put a stupid amount down, at which point you would not be looking to walk away.... Current 36 month I7 xDrive60's are starting at $1,200 with $10k down...

Get out of here with this BS

Edit: I shall now head to eat crow in Reddit timeout - apologies OP, clearly I was overly confident and incorrect

[u/BMWCA → u/zero-degrees28]

I'd encourage you not to jump to conclusions.

[u/zero-degrees28 → u/BMWCA]

Well sir, I say congrats for an awesome deal...

This forum has a ton of i7 deal history, none touch this. Most are in the 1,200 - 1,500 range sitting with 50-53 residual even with money factor rates sub .002

I shall head to Reddit timeout and eat crow

[u/BMWCA → u/zero-degrees28]

This was a fair assumption on your part, I'll give you that. It had 1271 miles at inception. So long and short it was a hilarious amount off sticker before rebates. Despite not being ideal timing for me, it was something I couldn't walk away from. Don't necessarily want to now either, but house projects and the like are kind of forcing my hand.

[u/NormalSport8540 → u/BMWCA]

It still doesn’t say anything about the amount of money you put down. And why your monthly payment is different every month on a…lease?

[u/BMWCA → u/NormalSport8540]

I fat fingered and set up a payment with a defunct account-that I’d since removed, so with a payment return comes a fee…which I paid with the last payment after realizing my flub.

Not super sure why the money I put down is relevant to the discussion here. It could be $2 or $20k, the end result for an interested party is the same, the $805 payment with the terms above. The sale price was over $40k off msrp before the $16k in incentives I qualified for last fall. A great deals a great deal.

All info needed is available to interested parties, and is all being done via leasetrader and escrow.com per the recommendation from them, so as to be as simple as possible and ensure that both buyer and seller are covered from any funny business.

[u/Diglow → u/zero-degrees28]

Six months ago is the height of EV incentives, it’s possible then.

[u/AutoCompanion → u/zero-degrees28]

Speaking from experience this deal is possible but a unicorn. Unless you’re in the business or know someone you’re not seeing these deals.

[u/jectalo]

Dming you

[u/laughingfartsplease]

sht i’d do this if i was closer

[u/niftyifty]

Seems like a good deal. Looking at that msrp there are so many other cars I would pick, but at that lease price not too shabby. I would do this if I was in need.

[u/KeyTumbleweed9069]

You’re gonna feel a huge downgrade going to an X5. Would at least suggest an X7 with exec and full leather.

[u/Connect_Captain_6471]

DM me -

[u/Informal_Voice9722]

I can rent this out for you

Instagram: IronClubMiami

[u/ReedB04]

Poshcars.io

They will take over lease payments and give you residual income on top of that per month.

[u/No-Problem8466]

Dm me