09-09-2012, 10:30 PM | #23 | |
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Really depends on personal preference and financial choices. There is no right answer to "buying is better" or "leasing is better". Both sides can argue valid points. If the below is appealing to you, leasing may be attractive. If not...buy the car.
Short term - Leasing is cheaper, there is of course an equilibrium that is reached. But long term financing is cheaper with the assumption that you keep the car after the 5 -year mark. At which point an individual who would have leased would be coming up on two new leased vehicles for the price that you paid for yours (Lets assume $40,000 Vehicle - You finance and pay $40,000+ Interest, assuming you financed a portion. Where as for the same car a lease after 3-years would have been ~ $19,000 in payments. Lets say you lease another vehicle at around the same price point/ deal after the 3rd year. After 6 years you have paid $38,000...of course you have nothing to "show" for that money. But when are cars ever good investments?) Last edited by phx08; 09-09-2012 at 10:40 PM.. |
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09-09-2012, 10:40 PM | #24 | |
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2013, 328i, f30, m sport |
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