For Sale Lease transfer: 2019 McLaren 720S Performance Coupe - Azores Orange

But Greenwich deal is also 2500 miles a year vs 5000. 1/2 the miles is HUGE.

I get the $$ Down is a big diff,... but so is $1K/mo more and only 1/2 miles.

A bit more of hit on the down payment, and this seems like a crazy good deal.

Am I missing something??

 

Am I reading it right?
Essentially, you want to walk away after 4 months of use and putting 1250 miles on a brand new 720 for jusy barely $5k?
I wish you the best of luck, if you can pull that off my hat will be off to you......

 

Exactly. Technically $12k cause of lease payments. Still insane.

 

I don’t know whether Transferor’s proposal is reasonable or not and I really don’t care, but that’s not the issue. The salient question is whether or not his proposal is a good deal for a potential assignee. As I understand it, the seller says even though he’s not taking much of a hickey, as would be expected, it’s still a good deal for the buyer or the transferee, because he is such a savvy buyer and got a fantastic deal that he can confer on to his successor. Is that what you’re saying 0P?

 

I don't think that was a deposit, but a cap reduction. Why cant you write off a cap reduction, which is essentially upfront payments?

 

I'm interested at a lower cash back option, please message me.

 

Could be base spec.

 

If op doesn't respond with....you want bread?! 3 dollars!!!! Snap....no lease for you!! I will be disappointed. Gl on sale and acquisition.

 

it is done by many manufacturers to get the end of qtr or end of model year sales up they can record it as a sold unit once it is punched ....It is done more often than many would think....many times the manufacturer give a large rebate to the dealer per car and then they have to sell it used for big discounts sometimes..

 

My head is hurting reading all this

 

Cap reductions are not tax deductible (what I meant to say instead of "deposit") as per IRS. I'd be against loaning the manufacturer a lump sum of money before the inception of the lease just to lower my lease payments. Essentially lowering your potential tax deduction.

 

To get the kickback or bigger bonus from the manufacturer, so the car is listed as sold already to the manufacturer, and will be sold as used while technically it is still with delivery mileage.

 

harder part is finding someone with a good credit score to take over lease. I spent 6 months on leasetrader even with a $12k incentive, still could not find someone to qualify. This was on a Mercedes e63 wagon, with a $2200 a month payment

 

Correct ALly was offering crazy deals on the 570 just to get them out in the streets!

 

Cannot imagine being in a Mcclaren for 47 months!

 

Why, exactly? How many McLarens have you owned?

 

I am about to buy my first one but I want to be out of it befroe the waaranty expires // Make sense?

thx
B

 

[emoji23][emoji1787][emoji23][emoji1787]


Sent from my 16M

 

If you’re looking to buy one you should know the comprehensive warranty can be extended by McLaren for up to 10 years after the original factory warranty date and you can purchase 1 or 2 year extensions at a time rather than extending the entire decade.

It’s also worth mentioning while the early MP4-12 cars were problematic, later cars like the 720 are not. If you’re driving a 360/430 expensive repairs outside of warranty can’t be all that concerning. I’ve spent more on my 360 spider than any McLaren I’ve owned between the top and F1 actuator alone!

 

My experience as well.

 

At the end of the day is anyone actually interested in this poor guys car or are you all going to sit and bicker about nonsense for a few more pages

 

THat is the got -cha that F!. ALl my 360's were 6 speed so I missed that trinwreck! Really good info as I would have thought otherwise.

thx

 

wish i could just take over the payments for a year

 

Seller : I want someone to take over the lease
fchat Members : Start complex discussion on leasing; multiple detailed and passionate responses
Seller: ??
fchat Members: Tax implications and the dreaded IRS
Seller: ????
I don't think the seller was expecting this when he though "Hey let me see if I can find someone to take over the lease". I find it all amusing. Now who will take over the lease for this guy?

 

Poor guy is like "Why the F did I even post this thing?!?!"