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      09-09-2019, 03:03 PM   #24
Second Lieutenant

Drives: Bmw M340 2020
Join Date: Aug 2019
Location: Houston

iTrader: (0)

Originally Posted by Giggler View Post
When I was doing the paperwork for my M340i, I was chatting it up with the sales manager, and we began to get candid on a few topics... one thing he revealed to me is the majority of the BMW lessee's he writes up do not have good credit and can barely afford their purchase. Occasionally an old man will come along and pay cash for a loaded 7 series, but most folks are just trying to get their hands on that badge. Food for thought.
This probably largely depends on where you live. I am 39, have excellent credit and can afford to lay down cash on a purchase but that would be a terrible investment. I'd rather keep my cash in a brokerage or interest bearing account. I lease and I put 0 down.