Quote:
Originally Posted by razman
Putting aside the trade in issue, figuring out whether you should lease or finance is simple math. Your total lease cost will be $52k (36 x $1176 + $10k).
If you buy the car by putting 10% down and financing the rest over 6 years, your monthly payment will be $1360. (I've assumed $99k purchase price including tax and 2.9% apr). Over 36 months, that comes to $59k ($9.9k down + 36 x $1360). After 36 months, you then sell your car for $60k. After paying off the $40k you still owe, you pocket the $20k. $59k-$20k = $39k total cost if you buy. So you save $13k. Not a negligible savings.
Given the rate of inflation too, there's no telling what your used m3 will sell for in 2025. You might get $70k for it and save even more money.
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You can sell the same car whether it's leased or financed.