[Torquey5]

BIMMERPOST / Classifieds

Asking Price:

None

Item Interest

So I'm thinking about selling off my lease, I got it at the BMW employee lease deal and the payments are pretty much cut in half compared to if you were to buy it at normal rate, especially at the rates the new e60s are at.

I put down $4k cash and I'm asking $4k cash from whoever wants to take over, and return you ONLY pay $550 INCLUDING TAX:

Jet black
Black dakota
Steptronic
Anthracite maple wood
Sport package
Heated front seats
Fold down rear seats
Rear sunshades
35% tint on all 7 windows
Tinted tail lights
Tinted front turn signals
Hoens front fog lights
Custom straight pipe (can be put back to stock if you wish)
K&N drop in

There are also 2 ///M5 pieces (Trunk finisher & trunk spoiler) on the car, still debating if I want to leave them on or take them off.

Car is in absolute mint condition with zero scratches, dents, dings, no accidents. Non smoker, no pets and no drinking and eating in the car. Washed and waxed every freakin week, always garage parked. Not a single curb mark on any of the rims. Car currently has about 9,600 miles.

The lease runs from Dec 06 thru Dec 08, it's a simple 24 month deal with 12k/year limit. I've never had a single problem with the car other than just an oil fill up. This truely is a great deal, normally this car with these options would run over $1k a month, with my employee lease I received an additional $3,500 below dealership invoice with an insane MF of .00150 and no acquisition fee - it's just a deal that cannot be beat. Even right now BMW has restricted employees from leasing the new 5 series with the employee lease because they're so hot.

Car is located in the SF bay area.

EMAIL ME for faster response: torquey5@gmail.com

Dan

[NaViT]

would the dealer give any problems because of the straight pipe when returning it?.... how many months remaining and how many miles per month left?

[Torquey5]

Originally Posted by NaViT

would the dealer give any problems because of the straight pipe when returning it?.... how many months remaining and how many miles per month left?

I will most likely put back on the stock muffler, that's all it basically is, it's just a deleted muffler. Dealership will say something that's why I have the stock piece sitting in the garage to put back on when the car is returned.

Lease term is up in December of 2008 so you have about a year and a half left, it's a pretty short lease. Mileage is 24,000 for the 2 years, or 12,000 per year.

One note about the lease transfer, there is a transfer fee of $450, which is generally paid for by the buyer. Paperwork includes credit application, proof of insurance, valid California driver license. I talked to BMW Financial Services and we just go thru them via fax/email, pretty simple.

Dan
torquey5@gmail.com

[NaViT]

i have someone thats really interested and was actually looking for one just like this.... what i wanted to know (cause i dont feel like really doing the calculations) is for the year and a half left... how many miles can be used... because i think its not even 1k a month and he would need more than that.... email me at naviit@hotmail.com

[xpcgamer]

I got the same deal but on my 328i. I thought since it was an employee deal that it could not be transferred to anybody else? I was thinking of doing the same with my 328 and leaseing a 335i but they told me over at the dealership that it was not possible due to it being an employee purchase. Sick deal thou this car would be close to 700 a month otherwise!

[ALPINE6SPD]

GOD DAMN IT
Its a fucken automatic. I had a customer looking for one.

[jetblk328i]

transporting? shipping the car or local?

[NaViT]

i sent you an email to see what we can work out

[carrabassett786]

whats the buy?

[SeOuL335]

^ can you PM the buy up price towards the end of the lease?
or is there a possible way to extend the lease term?
aznddorai@gmail.com is my email
thanks..
BTW..does it have NAV? any interior pics that you can provide?

[phantom330]

Just an FYI, Center Employee Lease deals are unable to be assumed. FS flags these accounts so you can't do it.

[vegastrashed]

My buddy, torquey5, seems to have forgotten he posted this here. Any case, he has decided to keep the car. Here is the thread on e60.net

[fibercus]

shame I would take this over in a heart beat if it was possible. =(

[Torquey5]

Originally Posted by phantom330

Just an FYI, Center Employee Lease deals are unable to be assumed. FS flags these accounts so you can't do it.

Actually that's not true, I have a buddy that works here and has gotten approval by BMWFS to transer his employee lease transfered to a new owner. It should be okay to do so.

Email me at torquey5@gmail.com for those that are still interested in assuming this lease. Monthly payments are $550 including tax, $4k cash down.

Dan
torquey5@gmail.com

[phantom330]

Originally Posted by Torquey5

Actually that's not true, I have a buddy that works here and has gotten approval by BMWFS to transer his employee lease transfered to a new owner. It should be okay to do so.

Email me at torquey5@gmail.com for those that are still interested in assuming this lease. Monthly payments are $550 including tax, $4k cash down.

Dan
torquey5@gmail.com

Unless it slipped through the cracks, you can't do it. Read the CEL bulletin, it even specifically states you can't transfer the lease.

[vegastrashed]

Originally Posted by Torquey5

Actually that's not true, I have a buddy that works here and has gotten approval by BMWFS to transer his employee lease transfered to a new owner. It should be okay to do so.

Email me at torquey5@gmail.com for those that are still interested in assuming this lease. Monthly payments are $550 including tax, $4k cash down.

Dan
torquey5@gmail.com

What are you up to, mang? Lusting after the 335i?

[Torquey5]

Originally Posted by phantom330

Unless it slipped through the cracks, you can't do it. Read the CEL bulletin, it even specifically states you can't transfer the lease.

I just read thru the bulletin and it must have been updated or something, I just got confirmation that employee lease is in fact transferable to any new owner. On top of that I just called my buddy who I mentioned earlier JUST 100% completed his employee lease transfer a few days ago. The only thing is that there is a $400 or $500 transfer/doc fee, I can't remember what the amount was.

[Torquey5]

From the bulletin dated back in Dec 2006 when it was came out:

"After inception, Center Employee Leases cannot be assigned to another individual."

BMW change their words all the time, remember back in Dec when the ///Ms weren't available? And now the Z4 ///Ms are available under the program. And now the regular 5series are not, but they will be available in the 3rd quarter.

[Torquey5]

Originally Posted by vegastrashed

What are you up to, mang? Lusting after the 335i?

Nah nah..... nothing at all, NADA........

[phantom330]

Originally Posted by Torquey5

I just read thru the bulletin and it must have been updated or something, I just got confirmation that employee lease is in fact transferable to any new owner. On top of that I just called my buddy who I mentioned earlier JUST 100% completed his employee lease transfer a few days ago. The only thing is that there is a $400 or $500 transfer/doc fee, I can't remember what the amount was.

Call FS and see if your account can be assumed, 100% guarantee they say no. Trust me on this one. You can't have them assumed, and if one falls through the cracks and BMWNA finds out your CEL privileges will be revoked. Trust me on this.

[Torquey5]

Originally Posted by phantom330

Call FS and see if your account can be assumed, 100% guarantee they say no. Trust me on this one. You can't have them assumed, and if one falls through the cracks and BMWNA finds out your CEL privileges will be revoked. Trust me on this.

Dude! That's just what I've been trying to say, BMWFS OKAY'D the transfer and my buddy who WORKS here just completely transfered his CEL to a non BMW employee person. I asked him about the amount and he said it was $400. He also called up BMWFS and made sure before transfering otherwise he wouldn't have done it.

[phantom330]

Originally Posted by Torquey5

Dude! That's just what I've been trying to say, BMWFS OKAY'D the transfer and my buddy who WORKS here just completely transfered his CEL to a non BMW employee person. I asked him about the amount and he said it was $400. He also called up BMWFS and made sure before transfering otherwise he wouldn't have done it.

Just call on your own account and see what they say. Trust me. Call today. They have made changes to filter out these accounts. You are not supposed to be able to assume them. Just trying to save you time here, it's not like I care.