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View Poll Results: Will you be buying or leasing your 1-series coupe? | |||
I plan on buying (either financing or buying outright). | 64 | 73.56% | |
I plan on leasing. | 23 | 26.44% | |
Voters: 87. You may not vote on this poll |
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08-09-2007, 01:54 PM | #1 |
Private First Class
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U.S. Addicts: Will you be buying or leasing your 1-series coupe?
I'm not looking for a discussion on the merits of buying vs. leasing or vice-versa; that has been beat to death on many other forums.
I'm just asking who's doing what because it seems as though there's a good amount of talk about leasing around here, and it seems to be a pretty popular choice (which surprises me a little). I'm undecided, but I'll figure it out before the time comes. I need to save up some cash either way. |
08-10-2007, 12:23 AM | #11 |
Zoom Zoom
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I plan on buying only because I have a lot equity in my current car that would make a lease schedule a waste of that equity.
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In the garage: 2022 G80 M3 Manual - Portimao Blue
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08-10-2007, 01:48 AM | #12 |
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Buy'n Man
I got my VW in '97 and I'll have waited 11-12 years for the 135i. I originally thought I'd get a used M3 but the 135i seems like the deal of the century. You better believe I'm buying. I'm keeping the sucker for another 11-12 years, till its been thouroughly worn out and then I get a Porsche. I guessing by that time a gently (Yeah right) worn 997 turbo will go for about $60k and I'll be able to afford it by then. :headbang:
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08-13-2007, 05:13 PM | #15 |
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It depends on the MSRP for me. If it comes in under 35K i'll buy. If its over, I'll lease. It also depends on interest rates and moneyfactors available at the time. I paid 35K for my current car so I'd like to keep my payment around the same.
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08-13-2007, 09:19 PM | #16 |
Mr. Happy
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You've got it backward! Putting or leaving equity in a car is a waste! Take the equity out of your current car, invest it, then lease your new BMW.
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08-15-2007, 11:30 PM | #19 |
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So how much do you loose (discounted to present values) by leasing for three years instead of financing for three years? Pick any reasonable opportunity cost you'd like. (Hint: no one can answer that yet)
You loose money buying as well as leasing. The amounts depend on factors that we don't yet know as well as individual factors that will vary with every individual buyer (how long you'll keep it, what else you would do with the money, etc). Bottom line: Don't just accept anecdotal recommendations on what to do with your money. Look at the cashflows as well as what else you could do with the money and figure it out for yourself. |
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08-16-2007, 03:17 PM | #22 |
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