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BMW X7 (G07) Forums X7 Members Classifieds 2020 BMW X7 M50i, $119k MSRP, $1268/mo - Lease Transfer or Sale

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      05-08-2020, 09:12 AM   #1
SEWELLGT
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Asking Price:
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Hey guys, offering up my very heavily optioned X7 M50i for lease transfer or sale. I picked it up in early January from Global Imports in Atlanta and have loved it but recently had an opportunity to buy my dream 911 and need to make garage space. I negotiated a very strong deal on the lease with a large discount and base money factor, also put $3k down on cap cost reduction to get the payments where they are. Details for the lease and build specs are below, I'll be posting very detailed pictures this weekend and am available to answer any questions.

2020 BMW X7 M50i
Carbon Black Metallic
Location: Metro Atlanta

MSRP: $119,175
Monthly payment (base, pre-tax): $1268.91
Monthly payment w/GA tax: $1352.66

Original contract: 36/12K
Current Payoff: $102,343.04
Residual Value: $67,929.75

Current mileage: 3,726
Maturity mileage: 36,077
Effective miles per month: 1043/month
Maturity date: 1/3/23 (31 months left)
MSD due (if any): 0
Cash due (if any): 0

Financial institution: BMWFS
Transfer fee: 500
Out-of-state transfer allowed (yes/no): Yes

Vehicle condition: Like New, garage kept since day one. I hit a bird with the passenger mirror in February which cracked the housing, entire mirror assembly was replaced by the dealer and I kept the old mirror for spare parts.

Build Specs:
Carbon Black Metallic
Tartufo Extended Merino Leather
Cold Weather Pkg
Dynamic Handling Pkg
Drivers Assistance Pro Pkg
Luxury Seating Pkg
Executive Pkg
Individual Piano Black Trim
Leather Dashboard
Second-Row Captain's Chairs
Rear-seat Entertainment
Bowers & Wilkins Sound System
Extended Shadowline Trim

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Last edited by SEWELLGT; 05-08-2020 at 09:21 AM..
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      05-08-2020, 01:46 PM   #2
greentrbo95gst
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Very interested. Jon Shafer is finalizing an order for my ED for an f90, but our x5m is coming up on maturity as well.
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      05-08-2020, 09:50 PM   #3
SEWELLGT
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Quote:
Originally Posted by greentrbo95gst View Post
Very interested. Jon Shafer is finalizing an order for my ED for an f90, but our x5m is coming up on maturity as well.
Happy to answer any questions or take specific photos. Jon is a great guy, I used to talk with him regularly about cars when we lived in LA but unfortunately never actually bought one from him. Glad he's back in action again.
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      05-14-2020, 02:03 PM   #4
Orrion80
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Question Interested

Hi SewellGT, I'm interested in this opportunity and would like to discuss further. Can you email me? orrjs@hotmail.com Thanks.
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      05-14-2020, 05:53 PM   #5
SEWELLGT
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Quote:
Originally Posted by Orrion80 View Post
Hi SewellGT, I'm interested in this opportunity and would like to discuss further. Can you email me? orrjs@hotmail.com Thanks.
Email sent
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      05-21-2020, 09:02 PM   #6
SEWELLGT
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Deal pending.
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      05-31-2020, 10:19 AM   #7
Skyrider
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Is the vehicle still available for a lease transfer?
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      06-07-2020, 02:38 PM   #8
AVZ12345
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Same question - is this vehicle still available? Very interested if so. I am guess not given your last update was “deal pending” but figured I would just check.
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      06-08-2020, 07:31 PM   #9
SEWELLGT
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Quote:
Originally Posted by AVZ12345 View Post
Same question - is this vehicle still available? Very interested if so. I am guess not given your last update was "deal pending" but figured I would just check.
We've been waiting for the lease transfer to complete on the BMW end. They claim they've been backed up. Regardless, stage 2 completed today so we're just waiting on final docs to mail out at which point it will be done. I'll post here one way or another to let everyone know.
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      06-18-2020, 04:17 PM   #10
SEWELLGT
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Lease assumption officially completed and X7 is now with the new owner. Thanks for all the interest, will definitely miss it. FYI for those who are curious, the lease assumption process took right at 30 days to complete from initial submission, they claim they're backed up due to COVID.
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      07-07-2020, 06:08 PM   #11
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that was a nice deal
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