BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > M3 (E90 / E92 / E93) > Regional Forums > USA - New England
 
Mporium BMW
Post Reply
 
Thread Tools Search this Thread
      07-28-2009, 09:18 AM   #1
Diamond Skyline
Lieutenant
Diamond Skyline's Avatar
United_States
57
Rep
568
Posts

Drives: JDM
Join Date: Jan 2008
Location: Boston

iTrader: (4)

Arrow '08 Jerez Black E92 M3 Lease Assumption or Option to Buy

Lease Assumption or Option to Buy

2008 BMW E92 M3 Coupe 6MT
Jerez Black
Black Novillo
Aluminum Trim

Premium Package
Cold Weather Package
Navigation System
HD Radio

Original MSRP: $65,000
Negotiated Price: $60,000
Down Payment: $3,000 including first month & fees

Term: 36 Months
Annual Mileage: 15,000

Monthly Payment: $749.00

*Registered in NH therefore there is no Sales Tax applied to that payment

Term Start: November 1st, 2008
Current Mileage: 14,000
*BMW has a mileage purchase program which enables the owner to purchase miles at cost (same price at inception) before they return the car to avoid penalties or charges after the fact
*Currently the car is 2 months ahead on mileage

Money Factor: .0005 or approximately 1.20% (phenomenal rate for a lease)

As of Today (7/28) the pay-off to purchase the car straight up is $51,553.91

*The car is in immaculate condition and is being professionally detailed inside and out this Friday with 2 coats of Swissvax and the works


Aftermarket Accessories (Installed):

Painted Reflectors
Gloss Black Grills
GP Thunder 7500k Angel Eyes
Bimmian Interior LED (with Original & Spare LED Bulbs)

RPi Swoop Scoops
Macht Schnell Air Filter
AC Schnitzer Race Spec Exhaust
Supersprint X-Pipe with custom fabricated connecting pipes

Aftermarket Accessories (Uninstalled & Included in Sale):

AC Schnitzer Aluminum Pedals
Nokya 2500k Super Yellow Bulbs (Angel Eyes)
Stock Exhaust (Mint Condition)

*All Aftermarket Accessories are included with the exception of the AC Schnitzer Exhaust & Supersprint X-Pipe.. that will be an additional $1,000 (Original Price is $2,500)

*I’m definitely losing out on this deal but I simply cannot afford the car and pursue other business ventures at the same time, I am not looking for reimbursement for the Down Payment or Aftermarket Accessories (with the exception of the exhaust), simply that whomever does decide to purchase this car, they take care of it properly and show it the same respect I did.. she will be missed

*Serious buyers only.. there is not much else I can do to ‘sweeten’ the deal.. feel free to contact here or via PM

*This car has been garaged since day one

Pictures:

http://www.m3post.com/forums/showthread.php?t=270587

http://www.m3post.com/forums/showthread.php?t=231532

http://www.m3post.com/forums/showthread.php?t=188420


*Update

I spoke with BMW Financial to get more details and here is what I found:

There is a $500 Lease Transfer Fee
Sales Tax (depending on your state) will be applied on the remaining payments of the car (currently 26)

New Jersey, New York, Illinois, Ohio, & Texas are upfront states for tax therefore using a rate of 8% applied to the remaining payments, the total tax will be approximately $1,500 for the remainder of the lease.

So overall with the lease transfer fee of $500 and the estimated sales tax of $1,500 the buyer will pay $2,000 up front but will maintain the $749 a month lease rate.

For states not on an ‘up-front’ system, they will have their taxes spread out monthly, which equates to approximately $50 per month extra.

As far as buying the car straight up, BMW can only sell me the car legally as it is registered in my name, otherwise a dealership will need to be involved to complete the purchase.

Hope this information helps.
__________________
'11 JCW Mini (Soon)
'08 FX35 Sport (Current)
'08 E92 M3 (Sold)
'04 G35 Coupe (Sold)

Last edited by Diamond Skyline; 08-10-2009 at 02:09 PM..
Appreciate 0
      08-09-2009, 11:35 AM   #2
Diamond Skyline
Lieutenant
Diamond Skyline's Avatar
United_States
57
Rep
568
Posts

Drives: JDM
Join Date: Jan 2008
Location: Boston

iTrader: (4)

__________________
'11 JCW Mini (Soon)
'08 FX35 Sport (Current)
'08 E92 M3 (Sold)
'04 G35 Coupe (Sold)
Appreciate 0
      08-13-2009, 09:18 PM   #3
carri0n m3
Second Lieutenant
39
Rep
271
Posts

Drives: 2016 x5M
Join Date: Mar 2009
Location: Boston

iTrader: (1)

any luck here? have one so unfortunately cannot buy 2! but sick looking car, lot of aftermarket work done as well
Appreciate 0
      10-03-2009, 06:41 AM   #4
Jlnike
First Lieutenant
33
Rep
396
Posts

Drives: 08 e90 m3 07 e90 328xi
Join Date: Nov 2008
Location: New York

iTrader: (1)

wow....just paid more on swapalease for a sedan and its out in sanfransisco. I would a hopped all over this if i woulda know. Post it on swapalease i give it 7 days before you have it sold.

damn
Appreciate 0
      11-12-2009, 08:37 AM   #5
Kev
Critical Care Anesthesiologist
Kev's Avatar
Hong Kong
481
Rep
8,828
Posts

Drives: SMB F83
Join Date: Aug 2006
Location: Seattle, WA

iTrader: (24)

Garage List
Quote:
Originally Posted by kurtdaniel View Post
very interesting price..but i still lack some dollars to get one..
The car went to a new home already
__________________
kev { divinum est sedate dolorem }
"your friendly neighborhood critical care anesthesiologist"
Appreciate 0
      11-23-2009, 04:14 PM   #6
Diamond Skyline
Lieutenant
Diamond Skyline's Avatar
United_States
57
Rep
568
Posts

Drives: JDM
Join Date: Jan 2008
Location: Boston

iTrader: (4)

Quote:
Originally Posted by Kev View Post
The car went to a new home already
thanks kev, yes i no longer own the car.. it now resides in boston with it's new owner
__________________
'11 JCW Mini (Soon)
'08 FX35 Sport (Current)
'08 E92 M3 (Sold)
'04 G35 Coupe (Sold)
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 02:16 PM.




m3post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST