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7 Series - F01 (2009 - current)
The new re-designed 7 series leads off the BMW Fxx chassis code!

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  #1  
Old 12-20-2012, 10:57 AM
LIRacer LIRacer is offline
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Take over Alpina Lease



Time to say good bye to my B7. It comes with Byern wheels and snows, plus the original Alpina wheels and tires. The lease payment is about $2450 and it goes another 20 months (around 8/14). I will pay $500 a month for the rest of the lease in a bulk payment at closing (so that would be $10K presently). The car is on Swap-A-Lease. The B7 has every option avaiilable except night vision. Feel freee to contact me at LIRacer908@aol.com
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Last edited by LIRacer; 12-20-2012 at 10:59 AM.
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  #2  
Old 12-20-2012, 11:13 AM
chrischeung chrischeung is online now
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Wow - don't tell me you're getting a Ghost too! What are you going to do? You'll be missed.
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  #3  
Old 12-20-2012, 12:44 PM
LIRacer LIRacer is offline
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Originally Posted by chrischeung View Post
Wow - don't tell me you're getting a Ghost too! What are you going to do? You'll be missed.
LOL....I wish. Employment conditions are changing.
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  #4  
Old 12-20-2012, 01:28 PM
nyranger74 nyranger74 is offline
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Sorry to hear that. Your B7 is absolutely stunning!
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  #5  
Old 12-20-2012, 01:33 PM
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TXSTYLE TXSTYLE is online now
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$hit... That is a stout payment!

GLWS

~ Big Marcus
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  #6  
Old 12-20-2012, 01:48 PM
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Originally Posted by TXSTYLE View Post
$hit... That is a stout payment!

GLWS

~ Big Marcus
+1

The $500/month plus Beyern wheels and snows is a very generous offer.
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  #7  
Old 12-20-2012, 01:55 PM
chrischeung chrischeung is online now
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Quote:
Originally Posted by TXSTYLE View Post
$hit... That is a stout payment!
You get a lot for the money .
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3/12 ED 7 - thread ID 610350
1/11 ED 6 - thread ID 5767556&postcount=175
4/10 ED 5 - thread ID 453501
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  #8  
Old 12-20-2012, 03:17 PM
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Originally Posted by chrischeung View Post
You get a lot for the money .
I'm quite familiar with the vehicle.

$2k+ / month on a car (even for a Bentley, etc) is a significant amount. #justsaying

BigMarcus ~ EVO 4G LTE
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  #9  
Old 12-20-2012, 08:58 PM
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ChrisF01 ChrisF01 is offline
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Quote:
Originally Posted by chrischeung View Post
You get a lot for the money .
Wow that payment is steeper than I had thought it would have been. I could have leased almost 3 of my F02's for that payment!

Baller!!!

Be careful of any lease trader, I talked to Jon Shafer over the phone about the best way to upgrade from what I've got. I mentioned those Lease trader sites, and he said that although you do shift the amount owed to the person, the lease is still on your credit. Im relatively younger and thats a concern for me, for someone more established it might not be an issue. Just a heads-up. So if someone defaults, BMWFS will go after the person who took the lease, but apparently it'll get reported on your credit. Crazy

Best of luck to you LIRacer, not trying to scare you or anything. Seems like those types of cases are rare, and you have less than 2 years left too.
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Last edited by ChrisF01; 12-21-2012 at 12:01 AM.
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  #10  
Old 12-20-2012, 11:17 PM
AdamG13 AdamG13 is offline
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Best of luck with swapping this beast
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  #11  
Old 12-21-2012, 05:00 AM
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quarterto8 quarterto8 is offline
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Originally Posted by ChrisF02 View Post
Wow that payment is steeper than I had thought it would have been. I could have leased almost 3 of my F02's for that payment!

Baller!!!
I've been very curious about lease pricing. Can you really lease 3 F02 for the price of what liracer is paying for his alpina??
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  #12  
Old 12-21-2012, 09:58 AM
chrischeung chrischeung is online now
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Quote:
Originally Posted by ChrisF02 View Post
I mentioned those Lease trader sites, and he said that although you do shift the amount owed to the person, the lease is still on your credit.
That's not my understanding with BMWFS. The last transfer I did was earlier this year. All the onus moves to the assumptee. What ChrisF02 mentioned is correct for some other companies. Here is what swapalease lists for BMWFS - "Does Original Lessee Remain Liable? No" - http://www.swapalease.com/help/lease...spx?leaseco=55.

Nissan is a company where you remain liable - http://www.swapalease.com/help/lease...spx?leaseco=46

I think that is what ChrisF02 is referring to.
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2012 ActiveHybrid 750i ED

3/12 ED 7 - thread ID 610350
1/11 ED 6 - thread ID 5767556&postcount=175
4/10 ED 5 - thread ID 453501
5/08 ED 4 - thread ID 290679
3/07 ED 3 - thread ID 201013
3/06 ED 2 - thread ID 136454

Last edited by chrischeung; 12-21-2012 at 09:59 AM.
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  #13  
Old 12-21-2012, 11:27 AM
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ChrisF01 ChrisF01 is offline
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Quote:
Originally Posted by quarterto8 View Post
I've been very curious about lease pricing. Can you really lease 3 F02 for the price of what liracer is paying for his alpina??
Well my lease payment before taxes and additional mileage is 860.77, not sure if LIRacer is quoting his pre-tax payment. If so I could nearly get three 7ers, if not two comfortably. You can get a steep discount off a 2012 leftover. I got 12k off (85k to 73k - 2k down = so 71k) at the end of August, you could get more off now I'd assume. I'm guessing his sticker was somewhere like 150k?

Quote:
Originally Posted by chrischeung View Post
That's not my understanding with BMWFS. The last transfer I did was earlier this year. All the onus moves to the assumptee. What ChrisF02 mentioned is correct for some other companies. Here is what swapalease lists for BMWFS - "Does Original Lessee Remain Liable? No" - http://www.swapalease.com/help/lease...spx?leaseco=55.

Nissan is a company where you remain liable - http://www.swapalease.com/help/lease...spx?leaseco=46

I think that is what ChrisF02 is referring to.
This was Jon's understanding, and it depends if they consider potentially affecting the first owners credit as being liable. I googled it and found this happened to several Audi owners. Not arguing with you - I've never done this, and I'm curious to see which is correct. I'm interested in trading up so I want to use something like SwapALease if it completely clear me from any financial responsibility.
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  #14  
Old 12-21-2012, 12:42 PM
chrischeung chrischeung is online now
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Quote:
Originally Posted by ChrisF02 View Post
I googled it and found this happened to several Audi owners.
You remain liable with Audi Financial Services - http://www.swapalease.com/help/lease...px?leaseco=112
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2012 ActiveHybrid 750i ED

3/12 ED 7 - thread ID 610350
1/11 ED 6 - thread ID 5767556&postcount=175
4/10 ED 5 - thread ID 453501
5/08 ED 4 - thread ID 290679
3/07 ED 3 - thread ID 201013
3/06 ED 2 - thread ID 136454
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  #15  
Old 12-21-2012, 03:46 PM
AdamG13 AdamG13 is offline
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LIRacer - may want to try posting this on the BMW forums over at Luxury4Play as well. There are some big spenders on that forum and I've seen people take over leases on Masseratis etc.


Re: lease liability assumption - bmw financial passes the full liability along to the new lessee. alot of other auto financiers don't. i can complain all day about bmw dealers and their crap service departments, but i have to admit that bmw financial is one of the easiest to deal with out of all the mfgr's in house financial departments. their loyalty rates are excellent and the ability to purchase more miles so easily is something i haven't experienced before.
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  #16  
Old 12-22-2012, 01:30 AM
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ChrisF01 ChrisF01 is offline
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Chris/Adam - thanks for the info, I'm going to probably post the car this weekend. Include original wheels + tires (200 miles on em) see if I can get any takers. Car is perfect just want more

Sorry to derail you LIRacer... good luck bud!
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  #17  
Old 12-23-2012, 06:17 AM
LIRacer LIRacer is offline
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Quote:
Originally Posted by AdamG13 View Post
LIRacer - may want to try posting this on the BMW forums over at Luxury4Play as well. There are some big spenders on that forum and I've seen people take over leases on Masseratis etc.
Thanks, I am going to list it there too.
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  #18  
Old 12-23-2012, 10:57 AM
NickyBlack NickyBlack is offline
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Quote:
Originally Posted by AdamG13 View Post
LIRacer - may want to try posting this on the BMW forums over at Luxury4Play as well. There are some big spenders on that forum and I've seen people take over leases on Masseratis etc.


Re: lease liability assumption - bmw financial passes the full liability along to the new lessee. alot of other auto financiers don't. i can complain all day about bmw dealers and their crap service departments, but i have to admit that bmw financial is one of the easiest to deal with out of all the mfgr's in house financial departments. their loyalty rates are excellent and the ability to purchase more miles so easily is something i haven't experienced before.
This is correct. Full responsibility passes to the "new" leasee. Other companies although i haven't had any personal experience i've heard otherwise where the original leasee does have some liability.
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  #19  
Old 12-29-2012, 08:14 PM
LIRacer LIRacer is offline
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..........bump.............
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  #20  
Old 01-21-2013, 08:14 AM
LIRacer LIRacer is offline
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.............bump................
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  #21  
Old 02-16-2013, 04:30 AM
LIRacer LIRacer is offline
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...........................bump................... .......
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  #22  
Old 02-16-2013, 10:13 AM
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L4P is drama - looks like you found that out first hand. I'm sure someone will bite soon though - good luck!
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  #23  
Old 02-16-2013, 11:36 AM
LIRacer LIRacer is offline
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L4P is drama - looks like you found that out first hand. I'm sure someone will bite soon though - good luck!
Yeah, what a bunch of anus pores! They are very impressed with their importance in the world.
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  #24  
Old 02-16-2013, 03:22 PM
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ChrisF01 ChrisF01 is offline
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Originally Posted by LIRacer View Post
Yeah, what a bunch of anus pores! They are very impressed with their importance in the world.
Good luck with transferring it! That's a lot of car with some serious road presence(in my opinion anyways).

Have you found what you'll be replacing it with?
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  #25  
Old 02-16-2013, 09:53 PM
LIRacer LIRacer is offline
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Maybe a 2009 Aston Martin DBS
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