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BMW Policy On Taking Over Or Transferring Lease

BMW LEASE COMPANY INFORMATION

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LEASE COMPANY LEASE TRANSFER DETAILS

Leasing Company: BMW Financial Services
Lease Transfer Restrictions: Cannot transfer in final 6 months of lease (some exceptions may apply)
Lease Buyer Credit Application Fee: $100.00
Lease Transfer Fee (typically paid by lease buyer): $400.00
Does Original Lessee Remain Liable? No
Mileage Issues at Transfer: Per original
Wear & Tear Issues at Transfer: Per original
Does Security Deposit Transfer? Yes
Other Policy Information: $500 collected at the time of transfer initiated and $400 refunded if credit turned down. Employee leases cannot be transferred.

LEASE COMPANY CONTACT INFORMATION

Phone: 800-578-5000
Website: http://www.bmwusa.com/standard/content/financialservices/default.aspx

 

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