Quote:
Originally Posted by crbalch
I am in the process of getting an M340xi in place of my 2016 M235xi. I have never leased a car, and have always read to stay away from them if you can, but I figured I'd see what you guys think.
I have about 22k in equity in my M235, so after all is said and done I'd be financing about 34k for the M340. I don't drive much, so I wouldn't end up hitting 36k in that 3 year span so I'm not sure if leasing makes sense.
Payment on the lease would be sub $600 on a $62,500k MSRP, and roughly the same for financing. Monthly is not an issue, just wondering where the value for me would be.
Anyone want to help me out?
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I've always been in the mindset buy instead of lease .. and I agree that I would never buy a leased car because of some ppl abusing it because it was a lease. If you want to do anything to it do it flashing you have to undo it so idk... I think it more mindset for me than financial driven. I did put 35k down on mine so I've got equity in but also I wanted one that i know what has been done every mile it's been driven