Quote:
Originally Posted by ThatKrazyPolak
Quote:
Originally Posted by Jer025
Quote:
Originally Posted by ThatKrazyPolak
And this gentlemen, is why you don't lease cars. Payments on $45,000 worth of depreciating metal (although it's a nice piece of metal) are not going to look pretty, especially since there's no initial deposit as is common on most leases.
If you gave me a decently speced M340, marked down 10% with dealer discounts and incentives and no mileage, I would gladly take that because I could reduce that initial loan down 20K easily. In this case, OP has to eat payments, and potentially offer something more to get rid of the lease.
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So owning a piece of deprecating metal is better? Got it. |
At least I own something, won't be left high and dry after 3 years. You own your computer right? Your tv? Your phone? They're basically worth half their value after two years. Same concept. |
You actually just made the ultimate argument for leasing in your post. I'll be back in a new car in 3 years worry free with zero out of pocket. To each his own man but please try to understand there are benefits to both and it comes down to individual preferences.