[MikeDNJBMW]

BIMMERPOST / Classifieds

Asking Price:

None

Item Interest

hey guys, sadly my short run with my barely 5 month old car has to come to an end...i have some more important life choices that i need to get too ..

so i had gotten a awesome deal on the car and i will be passing it on for a awesome deal already modded as well...

2011 E90 BMW 335i xdrive 6MT with M SPORT package
-alpine white with chestnut brown
- glacier trim
- around 5,000 miles
-navigation
-cold weather
-under seat reach around giver
the car is MINT, as of this afternoon there is not a scratch, ding or crumple in the seats...no cologne or air freshener, scent vent stick, or anyhting of the sort stinkin up the interior, just the natural perfect scent of a new car!
mods:

suspension

-Bilstein struts and shocks
- H & R springs

power adders:

-RPI red scoops
- HPF replacement air filter
- JB3 stage 1 w/ dtc wire
- 2 rear cats removed and replaced with straight pipe
- golf tee mod

aesthetics

- X1 sunglasses holder
- emblems removed
- carbon fiber wheel center caps
- carbon fiber hood emblem
- carbon fiber trunk emblem
- carbon fiber rear diffuser
- alpine white wide marker lenses
- full led interior swap
- under door led kit
- racing dash led plate light
- custom carbon fiber/ alpine painted grills
- ACS roof wing
- hid angel eyes(have both 6000k and 3000k) 6000k currently installed
- hid fog lights 3000k

mods not installed: 1 pair 15mm BMS spacers, pair of front lowering perches, clutch pedal stop.....

i believe thats all i have into the car, everything has been installed since the first week...car moves, feels great, not to shabby in the snow, handles great

the car is a lease, allowed 15k miles a year, has the tire insurance through BMW, 36 month lease...i pay $610 a month and the car has everything except the rear sunshade i believe...asking $2,600 for all the mods installed and take the car payment over if approved at BMW and no need for down payment at the dealer, taxes are paid! i got the car from Park Ave BMW ...here are some pics, if there are any questions please feel free to e-mail me : MDECANDIA83@VZW.BLACKBERRY.NET
also Sal from Auto Couture can vouch for the car

http://www.swapalease.com/lease/deta...x?salid=666363

the snowy pics are more recent:

[autoart]

Whats the payoff, if I wanted to buy out of the lease.

[MikeDNJBMW]

hey auto.......i would have to give a call tomorrow...ill try and get it done asap..thanks

[mr. zero]

Does the $610 include NJ sales tax, or is it before it? And, if so, what percent do you pay? Thx

Actually, just noticed that you posted that "taxes are paid." Do you pay them all up front? And, would that transfer to PA?

[MikeDNJBMW]

hey im not sure if sales tax would apply again, i believe i paid the full nj 7% sales tax up front...i would have to reach out to my salesman tomorrow if he is working for ya...

[mr. zero]

Well, either him, or BMW Financial would know. If it's 7% in NJ, I'd probably still have to cough up a little, as PA is actually 9% on leases.

Also, do you still have all the stock parts?

[MikeDNJBMW]

Originally Posted by mr. zero

Well, either him, or BMW Financial would know. If it's 7% in NJ, I'd probably still have to cough up a little, as PA is actually 9% on leases.

Also, do you still have all the stock parts?

ahhh gotcha....i will call today, yes i have all stock parts for everything....

[UdubBadger]

hey zero. if PA works the same as every other state, when there is a transfer of ownership you have to pay tax again on the pay off price he sold it for you. Just because he paid the tax when he bought it doesn't always mean you're paid up. In IL I had to pay tax upfront on the 2 BMW's I've leased, then my last one I bought out to sell it to a friend, had to pay tax on my buying it out "claimed its a 2nd transaction" and then my friend who bought it had to pay sales tax on THAT transaction from me to him. The reason is because when you lease, BMW still technically "owns" the car. BOTH of you should check with your state offices as I think NJ will make you pay the tax again to buy it out then again in PA to register it to a new owner. A lease transfer would make more sense 1st if this is the case, that way tax is paid but transferred so when you pay it off its released to the NEW owner and not the old on (BMW won't release a title to anyone other than the original lessee on the account).

[mr. zero]

Thing is, he wouldn't be selling it to me. I would merely be assuming his lease, which he has paid taxes on, upfront, for the 36 month depreciation. NJ shouldn't get to keep all of that tax, since it will have technically only depreciated a handful of months in that state, and then it would be in PA. I don't think states can double-dip like that. BMW Financial should merely take his tax monies, and with my additional 2%, pay the depreciation tax in PA. Does that make sense, or did I do too much blotter in high school?

[UdubBadger]

yeah if he is just transferring the lease to you, thats correct. Essentially no ownership is changing cuz BMW is still the owner. However if you buy it out at the end of the lease most states will view that as a transfer of ownership, just as if you were buying a used car from a dealership, so they'll charge you tax on that transaction.

[MikeDNJBMW]

bump bump...been getting some interest but no takers....

[MikeDNJBMW]

my salesman is on vacation, sorry for the delay dude :/...had it hand washed yesterday, enjoying the sun *sigh*

[mr. zero]

Did you give BMW Financial a call? They would probably be more informative, no offense to your sales guy.

[UdubBadger]

^ this is very true I'd do that.

[shockin330i]

I'll take the spacers if you want to sell them

[mr. zero]

Any interior shots you can post?

[DoPedUpM3]

GLWS looks very nice!

[shazzy04]

so clean...

[mr. zero]

Talked to BMW Financial (pretty much worthless), and a BMW salesperson (helpful) yesterday. What we pretty much concluded was that you'll be getting a prorated refund on the taxes you paid upfront, and I would be socked with the full 9% on top of the basic $610 payment. Ouch.