Bought...or Leased ??

M6-4KIX · 02-16-2012, 06:33 PM

Just curious as we have never leased a car?? Yes, we paid cash as well.

Did you buy or lease the new 6?? I guess I don't understand the benefits of a lease?? Sorry.

southern6er22 · 02-16-2012, 06:40 PM

I paid cash. I plan on keeping it for more than a couple of years, and I prefer to just pay and be done with it.

Superspeed · 02-17-2012, 01:35 AM

Paid cash

domer · 02-22-2012, 09:59 AM

Leased mine... I don't see myself owning a car for more than 3 years, personally.

Digger · 02-22-2012, 03:14 PM

Always buy outright and pay cash, but usually trade up every 2 or 3 years. I like to OWN what I have.

ctenidae · 02-23-2012, 08:56 AM

Leased. Hard to argue with 2% money. It's almost free.

Plus, I don't like making decisions, so this way I don't have to decide when to get a new car.

m630 · 02-23-2012, 09:00 AM

Always lease these things, i cant understand how anyone would buy any car of this calibre outright unless they were financially set for life. There is just too much that you can do with your cash rather than throw it down a drain all at once..but its a personal choice at the end of the day

thebreadman · 02-25-2012, 11:49 AM

I never leased a car until the Fed decided to screw with our concept of money and keep interest rates at near zero. With this as fact, I can't see a reason to purchase a car when you can lease it for virtually no money penalty. Would rather have the money in my pocket, rather than BMW's.

Future value of money makes the difference on this choice.

itinj6 · 02-26-2012, 05:27 AM

The old saying goes:

If it flies, floats or f*cks, it's cheaper to rent than to buy.

Oh yeah, I leased my car too.

In other words, I'm not too sure about owning a depreciating asset.

Just my opinion though

southern6er22 · 02-26-2012, 09:09 AM

Hahahahaha. I'm definitely stealing that phrase for future use.

itinj6 · 02-27-2012, 05:20 AM

Quote:

Originally Posted by southern6er22

Hahahahaha. I'm definitely stealing that phrase for future use.

My flight instructor back in college always used that line in class lol. Not sure why but it was funny when I heard it so I had to share. He would start the first part then point to one of us (students) to finish the phrase. Lol. The aeronautics professors were cool as sh*t.

Bönz · 02-27-2012, 10:46 AM

Reminds me of a decal from the 70's I used to see on the passenger side dashboard of cars.

A$s, grass or gas - nobody rides for free.

M6-4KIX · 02-27-2012, 01:39 PM

Quote:

Originally Posted by itinj6

The old saying goes:

In other words, I'm not too sure about owning a depreciating asset.

Just my opinion though

Ouch..... hope you don't own a home down there?? We see crazy cheap deals all the time here in Canada, for US housing. I would guess about 80% of the things we actually buy become "depreciating assets" ?? No ?? The entire furnishings in a home for example? Not fightin' words, just MHO !

I like to own. Catchy fun phrase though!!

Superspeed · 02-27-2012, 04:10 PM

Owning is freedom

At least over here it's cheaper to finance a car yourself than by leasing (depending your financial status of course).

elias · 03-02-2012, 06:08 PM

IMO Leasing is freedom, every three years i'm free to choose a new vehicle of my liking!!

methodman97 · 03-05-2012, 11:32 PM

buying cash is always best

View Poll Results: Did you buy or lease?
Buy	9	47.37%
Lease	10	52.63%
Voters: 19. You may not vote on this poll

02-16-2012, 06:33 PM	#1
M6-4KIX Second Lieutenant 9 Rep 234 Posts Drives: 2012 6 M(pkg) Coupe Join Date: Oct 2011 Location: Vancouver BC Canada iTrader: (0)	Bought...or Leased ?? Just curious as we have never leased a car?? Yes, we paid cash as well. Did you buy or lease the new 6?? I guess I don't understand the benefits of a lease?? Sorry. Last edited by M6-4KIX; 02-16-2012 at 07:10 PM.. Reason: vote??
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02-16-2012, 06:40 PM	#2
southern6er22 Southern6er22 38 Rep 841 Posts Drives: 2012 650i xDrive M Sport Coupe Join Date: Jan 2012 Location: Alabama iTrader: (0) Garage List 2012 BMW 650i xDrive [0.00]	I paid cash. I plan on keeping it for more than a couple of years, and I prefer to just pay and be done with it. __________________ http://www.youtube.com/user/Southern6er22 http://southern6er22.blogspot.com/
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02-17-2012, 01:35 AM	#3
Superspeed Captain 61 Rep 859 Posts Drives: 640i, 120d, Cooper S Join Date: May 2011 Location: Oslo, Norway iTrader: (0) Garage List 2005 Mini Cooper S [0.00] 2012 BMW 120d F20 [0.00] 2012 BMW 640i F12 [0.00]	Paid cash __________________ "Never a boring car" Some X'es: BMW Z3 2.8, DeTomaso Pantera, Porsche 928s, BMW 732i, BMW 323i, BMW 2002
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02-22-2012, 09:59 AM	#4
domer Private 8 Rep 53 Posts Drives: 2020 M340i Join Date: Jan 2012 Location: United States iTrader: (0)	Leased mine... I don't see myself owning a car for more than 3 years, personally.
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02-22-2012, 03:14 PM	#5
Digger New Member 2 Rep 19 Posts Drives: 550i Grand Turismo Join Date: Mar 2010 Location: CT/FL iTrader: (0)	Always buy outright and pay cash, but usually trade up every 2 or 3 years. I like to OWN what I have.
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02-23-2012, 08:56 AM	#6
ctenidae Private First Class 5 Rep 147 Posts Drives: 2012 650i Coupe- Manual Join Date: Jan 2012 Location: Connecticut iTrader: (0)	Leased. Hard to argue with 2% money. It's almost free. Plus, I don't like making decisions, so this way I don't have to decide when to get a new car.
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02-23-2012, 09:00 AM	#7
m630 Major 968 Rep 1,014 Posts Drives: '22 X4M Comp / ‘22 X3 / f136 Join Date: Aug 2011 Location: nyc/li iTrader: (0) Garage List ‘22 X4MC [0.00]	Always lease these things, i cant understand how anyone would buy any car of this calibre outright unless they were financially set for life. There is just too much that you can do with your cash rather than throw it down a drain all at once..but its a personal choice at the end of the day __________________ '22 X4 ///M Competition…Carbon Black Metallic/Sakhir Orange...pure driving excitement!!! ‘22 X3 Jetblack + some other stuff not from Munich Dearly departed...'19 X2 M35i Past lives ‘16 M3…'13 640i GC...'13 335i...'08 M6 ...'05 645Ci...'00 323i...'85 735i...'77 630CSi...'86 325es ...'01 740iL...'09 X3
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02-25-2012, 11:49 AM	#8
thebreadman New Member 0 Rep 15 Posts Drives: 2012 BMW 650i Manual Join Date: Dec 2011 Location: Ohio iTrader: (0)	I never leased a car until the Fed decided to screw with our concept of money and keep interest rates at near zero. With this as fact, I can't see a reason to purchase a car when you can lease it for virtually no money penalty. Would rather have the money in my pocket, rather than BMW's. Future value of money makes the difference on this choice.
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02-26-2012, 05:27 AM	#9
itinj6 Private First Class 1 Rep 117 Posts Drives: 2012 650i Coupe Join Date: Feb 2012 Location: Fort Lee, NJ iTrader: (0)	The old saying goes: If it flies, floats or f*cks, it's cheaper to rent than to buy. Oh yeah, I leased my car too. In other words, I'm not too sure about owning a depreciating asset. Just my opinion though
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02-26-2012, 09:09 AM	#10
southern6er22 Southern6er22 38 Rep 841 Posts Drives: 2012 650i xDrive M Sport Coupe Join Date: Jan 2012 Location: Alabama iTrader: (0) Garage List 2012 BMW 650i xDrive [0.00]	Hahahahaha. I'm definitely stealing that phrase for future use. __________________ http://www.youtube.com/user/Southern6er22 http://southern6er22.blogspot.com/
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02-27-2012, 10:46 AM	#12
Bönz Captain 184 Rep 764 Posts Drives: 2018 M5 Join Date: Jan 2012 Location: Michigan iTrader: (0)	Reminds me of a decal from the 70's I used to see on the passenger side dashboard of cars. A$s, grass or gas - nobody rides for free.
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02-27-2012, 04:10 PM	#14
Superspeed Captain 61 Rep 859 Posts Drives: 640i, 120d, Cooper S Join Date: May 2011 Location: Oslo, Norway iTrader: (0) Garage List 2005 Mini Cooper S [0.00] 2012 BMW 120d F20 [0.00] 2012 BMW 640i F12 [0.00]	Owning is freedom At least over here it's cheaper to finance a car yourself than by leasing (depending your financial status of course). __________________ "Never a boring car" Some X'es: BMW Z3 2.8, DeTomaso Pantera, Porsche 928s, BMW 732i, BMW 323i, BMW 2002
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03-02-2012, 06:08 PM	#15
elias Lieutenant 81 Rep 424 Posts Drives: M4 Join Date: Sep 2011 Location: Virginia iTrader: (0)	IMO Leasing is freedom, every three years i'm free to choose a new vehicle of my liking!!
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03-05-2012, 11:32 PM	#16
methodman97 Registered 0 Rep 4 Posts Drives: e90 Join Date: Mar 2012 Location: Canada iTrader: (0)	buying cash is always best
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