Lease Transfer BMWFS: How Long?

Damage Inc · 09-18-2016, 06:16 PM

Has anybody transferred a lease? If so, how long did it take from the start until the car was transferred into your name?

I'm hoping about 2 weeks. But wondering if anybody can chime in on recent real world examples. Thanks.

joeyb26 · 09-18-2016, 06:24 PM

mine took a week from the other person getting approved to the car being transferred to his name

Damage Inc · 09-18-2016, 07:59 PM

Quote:

Originally Posted by joeyb26

mine took a week from the other person getting approved to the car being transferred to his name

Wow, that's awesome. So if I start the process Monday I could have it ready in a week?

porshah · 09-18-2016, 09:17 PM

Once the person is approved it is a very fast process. You can make it even faster by Overnighting the documents.

joeyb26 · 09-18-2016, 11:06 PM

Quote:

Originally Posted by MojorisinM3

Wow, that's awesome. So if I start the process Monday I could have it ready in a week?

yes, as long as both parties pay to have the documents overnighted, if you start it Monday it should be done by the following Monday. If i remember correctly i started mine on a wednesday/thursday and it was complete the following thursday

hova00 · 09-19-2016, 07:40 PM

Just did a lease transfer couple of months ago and it went very quick & smooth. The new owner was off in their new car in 4 business days. That was due to both parties being diligent.

drexplode · 10-15-2016, 10:08 AM

I've had two occurrences in the past year that started the lease assumption process on Monday (stage 1) morning, and then lease assumption complete (stage 3) by that Friday. In both cases new owner was picking up their car on day of assumption complete.

To speed up the process I recommend to send stage 2 docs (release/signing) next day air to BMWFS in Ohio.

09-18-2016, 06:16 PM	#1
Damage Inc Lieutenant Colonel 850 Rep 1,963 Posts Drives: 2017 M2 Join Date: Apr 2005 Location: Nashville iTrader: (1)	Lease Transfer BMWFS: How Long? Has anybody transferred a lease? If so, how long did it take from the start until the car was transferred into your name? I'm hoping about 2 weeks. But wondering if anybody can chime in on recent real world examples. Thanks. __________________ Current: 17 OG M2 / 21 Huracan EVO Past Performance Cars: 01 M3, 05 M3, 06 M5, 08 M6, 08 M3, 11 M3, 13 M3, 15 M3, 911 C4S, 911 GTS, 17 M2,R8 V8, R8 RWS
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09-18-2016, 06:24 PM	#2
joeyb26 Captain 296 Rep 790 Posts Drives: 2020 M340i xDrive Join Date: May 2013 Location: North NJ iTrader: (1)	mine took a week from the other person getting approved to the car being transferred to his name __________________ 2016 340i xDrive 6MT (regretfully sold) 2020 M340i xDrive
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09-18-2016, 09:17 PM	#4
porshah Lieutenant 200 Rep 597 Posts Drives: M4, R8, Huracan - All topdown Join Date: Mar 2010 Location: Fairfield, NJ iTrader: (5) Garage List 2018 Audi R8 V10 Sp ... [0.00] 2021 BMW 330e xDrive [0.00] 2017 Lamborghini Hu ... [9.50] 2016 BMW M4 Convert ... [0.00]	Once the person is approved it is a very fast process. You can make it even faster by Overnighting the documents.
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09-19-2016, 07:40 PM	#6
hova00 Major 1330 Rep 1,404 Posts Drives: G80 M3CS Join Date: Apr 2008 Location: EAST COAST iTrader: (7)	Just did a lease transfer couple of months ago and it went very quick & smooth. The new owner was off in their new car in 4 business days. That was due to both parties being diligent.
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10-15-2016, 10:08 AM	#7
drexplode Brigadier General 1839 Rep 3,095 Posts Drives: G26 i4x Join Date: Jul 2007 Location: Walled Lake Michigan iTrader: (17)	I've had two occurrences in the past year that started the lease assumption process on Monday (stage 1) morning, and then lease assumption complete (stage 3) by that Friday. In both cases new owner was picking up their car on day of assumption complete. To speed up the process I recommend to send stage 2 docs (release/signing) next day air to BMWFS in Ohio.
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