[Tierneyalvin]

BIMMERPOST / Classifieds

Asking Price:

None

Item Interest

https://www.swapalease.com/lease/det...?salid=1631263

[Tierneyalvin]

Now with $10,000 cash incentive!

[darylp310]

Tierneyalvin this might be presumptuous, but did you consider buying out the lease yourself and selling the car to CarMax? I'm guessing you have about $80K left to buyout your lease? You can probably get $70K from CarMax, and then you'd be out of this car.

On a side note, what car is now going to be your daily driver? Your profile says Model Y. I'd be seriously curious what your decision-making process was around that?

[Tierneyalvin]

Originally Posted by darylp310

Tierneyalvin this might be presumptuous, but did you consider buying out the lease yourself and selling the car to CarMax? I'm guessing you have about $80K left to buyout your lease? You can probably get $70K from CarMax, and then you'd be out of this car.

BMW doesn't allow CarMax -- or any 3rd party -- to buy out leases sadly.

[darylp310]

Originally Posted by Tierneyalvin

BMW doesn't allow CarMax — or any 3rd party — to buy out leases sadly.

That’s why I said you have to buy it yourself and then turn around and sell to CarMax. Could that work?

[Tierneyalvin]

Originally Posted by darylp310

That’s why I said you have to buy it yourself and then turn around and sell to CarMax. Could that work?

I didn't consider that as an option because I always believed I would then be on the hook to pay any sales taxes due to the state?

[darylp310]

Darn. You are correct. Sorry I forgot about taxes. If you are in So Cal like me it would be ~9%. So that’s another $7.2K. Tricky situation. I’m sorry about the situation. Best of luck to you.

[Tierneyalvin]

Originally Posted by darylp310

Darn. You are correct. Sorry I forgot about taxes. If you are in So Cal like me it would be ~9%. So that’s another $7.2K. Tricky situation. I’m sorry about the situation. Best of luck to you.

Thank you.

Increased to $12k incentive!

[paulbazoV2]

Try Autobuy, they are nationwide and have dealerships so the buy all brands I just sold them a Mercedes.

[CaboM4]

Tierneyalvin

Contact Anthony @ DSR Leasing ... they buy out leases without an issue. I'm almost sure BMW is a brand he can handle.

9 4 9 - 5 4 4 - 1 6 6 9
anthony @ dsrleasing . com

[Salespunk]

Originally Posted by Tierneyalvin

I didn't consider that as an option because I always believed I would then be on the hook to pay any sales taxes due to the state?

I believe you are allowed to resell within 7 days and then not pay sales tax in California. Obviously verify this yourself, but I have done this in the past with an Audi lease and did not pay sales tax on the transaction.