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F30 / F31 / F32 / F33 (2012 - current)
The sixth generation 3 series, chassis code F30. 2013 model year 328i and 335i sedans now in production. Read the F30 frequently asked question thread for all your basic question and dive into all the details in the ultimate F30 information thread.

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  #1  
Old 07-30-2014, 06:56 AM
Dudley84 Dudley84 is offline
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swap a lease?

Hey guys, was curious if there is a time frame of how quickly you can get out of a lease? I picked up my 335i last week and really just wishing I hadn't got a manual. I thought I missed it but I guess I'm used to being lazy with an automatic now.

Last edited by Dudley84; 08-12-2014 at 06:46 PM.
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  #2  
Old 07-30-2014, 07:12 AM
AJPITT AJPITT is offline
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Sorry to hear about that. Your car will surely grow on you! So many people here rave about MTs!! In any case, here are some of your options:

- wait for BMW to do a pull-ahead with you, this normally happens 3-6 months before the scheduled lease end date and is only available if you trade up to a new vehicle.

- Take it to the dealership at any time, trade it in for the car of your choice and roll any negative equity into the new lease. Depending on the numbers, this could turn out to be expensive.

- List your car in a lease swap site and see if someone is interested in your car.

I would say to wait a bit longer and see if the car grows on you. Options are limited and costly when you want to switch things up after a brand new lease agreement. Good luck.
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  #3  
Old 07-30-2014, 07:15 AM
Dudley84 Dudley84 is offline
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Thanks for the reply. What I meant was is there any minimum amount of time you have to keep the car before it's eligible to transfer a lease? Do I have to wait 3 months or anything like that or could I swap the lease to someone else today?
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  #4  
Old 07-30-2014, 09:00 AM
AJPITT AJPITT is offline
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You could do it at any time, even today. BMW Financial will provide the pay off to your dealer and they will roll the difference between the pay off and your current car's value into a new lease once you have chosen a new vehicle. If you do not want to lease another car, things may get more complicated and you would have to possibly look into the other options I listed. In terms of timing though, there is no limit.
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  #5  
Old 07-30-2014, 09:41 AM
Michael Schott Michael Schott is online now
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I'm sure you've put real time and effort into this decision but I think you will end up taking a big hit. There will be a transfer fee from BMW and you may have to put a decent amount upfront to whomever takes over your lease. IMO a MT is far more fun than an AT but it looks like you don't want the effort.
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  #6  
Old 07-30-2014, 09:51 AM
tex2670 tex2670 is offline
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Quote:
Originally Posted by Dudley84 View Post
Thanks for the reply. What I meant was is there any minimum amount of time you have to keep the car before it's eligible to transfer a lease? Do I have to wait 3 months or anything like that or could I swap the lease to someone else today?
What does your lease say?
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  #7  
Old 07-30-2014, 09:55 AM
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Capobranco Capobranco is offline
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If you are doing swap-a-lease you should think about putting some cash up front as an incentive. I am offering my 328xi Sport-Line with a $4K cash incentive.
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  #8  
Old 07-30-2014, 09:59 AM
madhotm3 madhotm3 is offline
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I've read that you have to keep the lease for at least 6 months before eligible for transfer. I'm not 100% sure though.
Read your contract or call BMWFS and ask.
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  #9  
Old 07-30-2014, 09:59 AM
Hill Hill is offline
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Is this for real?
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  #10  
Old 07-30-2014, 10:14 AM
cashewnut cashewnut is online now
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Why don't you just read the lease agreement?
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  #11  
Old 07-30-2014, 11:49 AM
omaralt omaralt is online now
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tune everybody out and just listen to me, because i have first hand experience

there is a person on another M4 forum that leased a brand new M4 and wanted out a few weeks later (job situation). we talked, i was all ready to jump on it. he called bmw financial to start the process but they said we cannot begin to do anything until they receive the title from the local DMV. that is the only limiting factor. they said it can take 30 days +. i asked them how long it took them to receive the title on my current lease and it took exactly 6 weeks. but again, every situation is different, it depends on how quickly your selling dealer gets the paperwork to the DMV and then how quickly your DMV sends the title to BMWFS. in the M4 case when he called his dealer they still hadn't even sent out his paperwork to the DMV (had been 3 weeks or so). now whats more difficult is to find somebody to assume your lease. if you got a great deal then you shouldnt have too much of a problem
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  #12  
Old 08-08-2014, 11:46 AM
Dudley84 Dudley84 is offline
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Listed it in the classifieds if anyone is interested.

62k MSRP
586 a month
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  #13  
Old 08-08-2014, 11:50 AM
cashewnut cashewnut is online now
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Quote:
Originally Posted by Dudley84 View Post
Listed it in the classifieds if anyone is interested.

62k MSRP
586 a month
How did you get a lease payment under $600 on a 62k car? I assume you put a large cap cost reduction (down payment)? Because without one, even with MSDs, that's a high $600's payment.
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  #14  
Old 08-08-2014, 12:11 PM
justin42 justin42 is offline
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Originally Posted by cashewnut View Post
How did you get a lease payment under $600 on a 62k car? I assume you put a large cap cost reduction (down payment)? Because without one, even with MSDs, that's a high $600's payment.
I was wondering the same thing!
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  #15  
Old 08-08-2014, 12:15 PM
Dudley84 Dudley84 is offline
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No MSD's for the next guy to worry about. I just fought to get a hell of a deal unfortunately for the next guy, lol. Someone is going to get a lot of car for the money!!!
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  #16  
Old 08-08-2014, 12:17 PM
omaralt omaralt is online now
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How many miles a year? How many miles current? How many months remaining? Are you asking for anything down? Who pays the $500 transfer fee?
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  #17  
Old 08-08-2014, 12:33 PM
Dudley84 Dudley84 is offline
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12k miles a year
1800 current miles
35 months remaining
I probably should ask for something down, but I would settle with the buyer just paying the transfer fee just to be done with it. I did a performance center delivery and took a road trip from there to break in the engine, which I did 100% by the book (I'm very anal about that stuff). That's the only reason there are so many miles already.
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  #18  
Old 08-08-2014, 12:38 PM
cashewnut cashewnut is online now
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Quote:
Originally Posted by Dudley84 View Post
No MSD's for the next guy to worry about. I just fought to get a hell of a deal unfortunately for the next guy, lol. Someone is going to get a lot of car for the money!!!
Was just curious. You must of put extra money down? Even if you paid the maximum amount of MSD's, your capital cost would have to be ~$3k under invoice to get a payment of $586.


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  #19  
Old 08-08-2014, 12:44 PM
Dudley84 Dudley84 is offline
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Regardless of any of that, the end result is whoever wants it gets the benefit of the deal. There are no tricks or smoke and mirrors. The payment is what it is. I just don't want to drag this process out and haggle for 2 months. I just want to get it over with quickly. Someone is going to get a great deal. I just want them to cover the transfer fee (which to my understanding the buyer typically does anyway).
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  #20  
Old 08-08-2014, 12:45 PM
omaralt omaralt is online now
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Where are you located?
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  #21  
Old 08-08-2014, 12:46 PM
Dudley84 Dudley84 is offline
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Lexington, KY
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  #22  
Old 08-08-2014, 12:52 PM
cashewnut cashewnut is online now
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Quote:
Originally Posted by Dudley84 View Post
Regardless of any of that, the end result is whoever wants it gets the benefit of the deal. There are no tricks or smoke and mirrors. The payment is what it is. I just don't want to drag this process out and haggle for 2 months. I just want to get it over with quickly. Someone is going to get a great deal. I just want them to cover the transfer fee (which to my understanding the buyer typically does anyway).
Agreed this is a great deal. Was just curious. Definitely wasn't implying there was anything fishy going on.


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  #23  
Old 08-08-2014, 12:53 PM
Dudley84 Dudley84 is offline
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Within reason I would be willing to work out driving it to someone though
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  #24  
Old 08-08-2014, 12:54 PM
Dudley84 Dudley84 is offline
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I didn't take it that way. It was a just long story with a lot of back and forth with a dealer. The car was ordered not off the lot. So no issues with it or anything like that.

Quote:
Originally Posted by cashewnut View Post
Agreed this is a great deal. Was just curious. Definitely wasn't implying there was anything fishy going on.


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Last edited by Dudley84; 08-08-2014 at 01:00 PM.
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  #25  
Old 08-12-2014, 06:46 PM
Dudley84 Dudley84 is offline
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bump if anyone is interested
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