Can I advertise a lease takeover?

170

Asked by Feb 07, 2017 at 03:46 PM about the 2014 BMW 5 Series 528i Sedan RWD

Question type: Car Selling & Trading In

I have seven more payments on a BMW lease... Can I advertise for a lease
takeover?

7 Answers

57,735

You can, but not here. Also you must have your leasing company's blessing.

1 of 1 people found this helpful.
91,565

It will be up to the lease company. You have a contract with them so you might want to read it.

269,315

There are websites you can list it, but with only 7 payments left, just finish it up. You'd have a hard time finding someone to take on a vehicle for only 7 months. Talk to the dealer, they might even buy it back sooner.

1 of 1 people found this helpful.
91,565

Are you over or under on the miles allowed in the lease?

1 of 1 people found this helpful.
170

The BMW has only 14,900 miles. The lease allows 30,000 miles. The lease expires Sept. 25, 2017. the car is showroom condition. Would be a good deal for someone just needing a car for 7 months or so. BMW Financial will allow the lease transfer (if the applicant has top tier credit) for $500. which I will absorb.. pmts are $548. per month including taxes.

1 of 1 people found this helpful.
269,315

http://www.leasetrader.com

1 of 1 people found this helpful.

I'm with Tom. Hard to find someone who wants car for 7 months, but dealer should be quite interested since your low mileage means actual residual value is higher than lease figure.

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