BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > BIMMERPOST Universal Forums > General BMW News and Cars Discussion
 
Post Reply
 
Thread Tools Search this Thread
      02-19-2013, 11:35 AM   #1
juxtapose
Private First Class
13
Rep
137
Posts

Drives: z4
Join Date: Sep 2011
Location: nyc

iTrader: (2)

lease swaps

Hey guys, i want to swap over a lease and was wondering if any of you guys had any experience with swapalease / leasetrader websites. If so what's the process like? How fast was everything?

From my understanding of the lease transfer process. The person gets a package in the mail to fill out and BMW does a credit check. After they pay the 500$ if they wish to continue the process and thats about it?

Experts chime in
Appreciate 0
      02-19-2013, 01:04 PM   #2
S_M
Lieutenant
United_States
67
Rep
549
Posts

Drives: Many
Join Date: Jul 2007
Location: X5

iTrader: (0)

You've got the process right. BMW will send them the app, they fill it out, get thier credit run, and then are approved. The whole deal can happen within a week or two.

I would argue against swapalease/leasetrader. Swapalease was expensive, and gave me almost no results. They also have terrible nagging salespeople that call constantly and try to upsell thier BS packages.

Try Craigslist first, I got 10x more hits than swapalease and ultimatley a sale.
Appreciate 0
      02-19-2013, 04:44 PM   #3
juxtapose
Private First Class
13
Rep
137
Posts

Drives: z4
Join Date: Sep 2011
Location: nyc

iTrader: (2)

Quote:
Originally Posted by smohr33 View Post
You've got the process right. BMW will send them the app, they fill it out, get thier credit run, and then are approved. The whole deal can happen within a week or two.

I would argue against swapalease/leasetrader. Swapalease was expensive, and gave me almost no results. They also have terrible nagging salespeople that call constantly and try to upsell thier BS packages.

Try Craigslist first, I got 10x more hits than swapalease and ultimatley a sale.
Thanks dude, when do you pay the 500$?
Appreciate 0
      02-20-2013, 08:22 AM   #4
Haris
Lieutenant
Haris's Avatar
United_States
162
Rep
481
Posts

Drives: F82 BMW M4
Join Date: Feb 2007
Location: NJ

iTrader: (0)

Garage List
+1. Stay away from Swapalease or keep it as a last resort. Salespeople lie and charge hidden fees later on.
__________________
2021 BMW X7 M50i + 2015 BMW M4
Retired: 2018 Audi Q7 | 2015 BMW X5 xDrive35i | 2012 BMW X5 xDrive50i | 2010 Audi S4 | 2007 335i Coupe
Creator of Leasematic - Lease/Loan Calculator | iOS App Store | Android Google Play
Appreciate 0
      02-20-2013, 09:45 AM   #5
S_M
Lieutenant
United_States
67
Rep
549
Posts

Drives: Many
Join Date: Jul 2007
Location: X5

iTrader: (0)

Quote:
Originally Posted by juxtapose View Post
Thanks dude, when do you pay the 500$?
They pay it after they are approved and initiate the transfer.
Appreciate 0
      02-23-2013, 01:24 PM   #6
juxtapose
Private First Class
13
Rep
137
Posts

Drives: z4
Join Date: Sep 2011
Location: nyc

iTrader: (2)

anyone deal with leasetrader
Appreciate 0
      02-24-2013, 01:42 PM   #7
kdbryce
I have to return some video tapes
kdbryce's Avatar
United_States
362
Rep
4,712
Posts

Drives: e70 X5M
Join Date: Apr 2011
Location: Albany, NY

iTrader: (0)

i took over a lease before... very easy

i just went through the forums, though
__________________
13 Carbon Black e70 X5M - 13 Black Sapphire e92 335i - 10 Le Mans Blue e92 335i - 09 Monaco Blue e92 328i xdrive - 07 Sparkling Graphite e92 328xi
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 10:26 AM.




m3post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST