I have a black/black 5AT 2003.5 G35 Sport Sedan w/Leather with about 6500 miles on it. The only additional option is the sunroof. Does anyone know what the most effective way to sell this car is? Or is anyone interested in buying it? Any advice and thoughts would help.

Feel free to email me at nshih@u.washington.edu.

I actually want to sell the car and get me a Sedan 6mt . Yes I thought the tiptronic would be neat to have. But damn.. I miss the clutch!

 

hi there.how much are you selling your g35 for? i am thinking about getting the carribean blue with just the moonroof. but if price is reasonable i might consider it. also, where are you located at?

 

I'm located in Seattle, Washington. If you're still interested, give me your email and we can talk about the value of it.

 

you are gonna lose a ton of money for a very dumb reason

 

Its a leased vehicle. So if the money that I am paying now is basically like renting a car, how will I lose money if I sold the lease contract to someone else?

As far as I understand it, the person buying the car can just assume the lease and continue paying the same monthly fee that I have been paying, or they can buy the car outright based on the current value set forth by the bank. Is this not right?

 

firstly i thought that you bought the vehicle but I am pretty sure that you will get a penalty for canceling your lease contract.

 

I think you only get a penalty if you stop your lease contract. Technically I wouldn't necessarily be cancelling my contract since I would be selling it to another person. Why would the bank care as long as they are getting their money?

 

The contract is with you not just anybody, im pretty sure you signed your name not ANYBODY, also logic doesnt always hold true in the banking as most people know

 

I suppose that is true since my signature was an agreed to the determined interest rate based on my credit. And a different person might not have the same credit as I and so would receive a different interest rate.

Well that is why I originally posted this message, to explore ways someone can sell their car if they are in a lease situation. I don't know all the answers, but I was hoping to learn of other people's experiences.

 

I was also going to say that most likely your lease is not assumable. The bank does care who owes them money. I think it is pretty logical that they would not want you to assign the lease to someone else... They made the contract with you ... not your friend who needs a car and has the worst credit in history. This practice was abused in the past and that is why they have cut this posibility out in most situations. Especially with a lease where the payoff is usually more than the car is worth.

I just sold my G (which was leased 13 months ago) to a dealership. I came out better than I thought I would when I started looking to sell the G. The net I received was 4,300 less than MSRP. I think I would have had a hard time selling it for that to a private party. I also think they are now discounting new G sedans at least $2,500.

Good luck selling of your G.

 

Try <a href="http://swapalease.com">SwapALease.com</a> you can sell your lease to someone, never tried it though.</p>

 

you can also try this website http://www.leasetrader.com

 

i also copy this off of carbuyingtips.com
for all u ppl who r thinkin of breakin ur contract on a lease
should read on

How To Do An Early Lease Termination And Avoid Early Lease Termination Penalties

Remember that an auto lease is a contract, and early lease termination comes with stiff penalties, they usually want the remainder of the payments plus penalties. It makes no sense to terminate a lease early. They can ruin your credit and you won't be able to buy your next car. Most people don't even know they are paying stiff penalties because the car dealers mislead you with their radio ads and make you think your lease obligation is gone once you trade in your leased car. What dealers really do is stack those penalties into the new car and spread out payments over 72 months so you don't notice, but the penalties are there, and digging a deeper financial grave for you, as now you'll be paying off 2 cars! That old school strategy benefits the salesman and not you. But there is a new way for you to get out of paying early lease termination penalties. Shift your strategy from terminating a lease by trading in your car, to a strategy of transferring your lease to another person via an auto lease trade. That's why we recommend you look at having LeaseTrader.com transfer your car lease. It's your only salvation. They can do a car lease swap for you, and reassign your auto lease to another buyer. With over 8,000 cars in their online auto classified ads it's like the eBay of car leasing. You list you car, and pay some fees. While you want to get out of a lease, there's plenty of buyers looking to get into a lease. They want your BMW lease, because you already paid he down payment, several months of payments, and took the brunt of the depreciation hit. Here's some benefits:

With the car lease trade, a buyer takes over your car lease, and it's in their name, your name comes off the auto lease
No early lease termination penalties for you, and your credit stays intact
No matter what it costs you, it's cheaper than paying thousands in early lease termination penalties
You avoid car dealer scams, because you are not trading in a car, you are just getting rid of it
You can also assume a short term car lease with no money down, everybody wins
To attract more buyers to your car, I suggest you offer them an incentive, like $100 cash to take over the lease. People love to get "discounts" or cash back. It works for the carmakers, so let it work for you too.