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      11-29-2019, 08:24 PM   #1
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Selling leased car

So I know you can "lease swap" but is it possible to sell a leased BMW?

Let's say you find a buyer and agree that the price will be the payoff amount from BMW. BMW gives you a form and place to mail the check to request title. Can that check come from the perspective buyer and have the title delivered directly to them?
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      11-29-2019, 09:52 PM   #2
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Yes, generally. One way is to ask for your payoff, you payoff the lease, they send you the title, you sign the title over to the buyer. The buyer can also try to purchase directly from BMWFS but that process may be a bit more difficult as BMWFS usually only allows direct sales to the current lessee or a dealer buying your car on trade in.

BMWFS can actually answer this question pretty quickly for you if you call and ask. They are tremendously helpful.
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      11-30-2019, 06:01 PM   #3
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Good luck

In finding a buyer that would agree to that. The lease is between you and BMW, buyer is not a part of this agreement and has a lot to lose if things go south. At the end of the day, you are using 3rd party's money to pay off your debt. .
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      12-01-2019, 07:02 PM   #4
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In most states this isn't possible. You need to have the title in your name with taxes paid and then whoever you sell it to will need to pay taxes again. California is the only state I am aware of that allows this and there is a limited time frame to do it. This is why some California dealers sometimes "jump" title like this especially with listings on bring a trailer. BMW will only sell the car to whoever is on the contract.
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