Quote:
Originally Posted by GMCHEM83
Quote:
Originally Posted by deceptiv.M3
Why why why ever purchase? The flexibility leasing gives you is awesome- something happens to the car on a finance and YOU eat the depreciation. I don’t see why financing is ever a better idea anymore, especially on a new model that will have an updated LCI in 3 years
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I did read your second post after this one and that brings to mind my habit of switching out cars far more often that most folks I know. I think the romance of hanging on to a car forever is more of an idea than reality. This G8X looks amazing, it is pure eye candy (I saw it in person yesterday) but it is an $80K 3-series that shares the same engine as other BMW suvs. There is nothing special about it, aside from its chassis/looks. If after 3 years I want to keep it for a really long time, then I can buy it after the lease. Maybe it'll be the last ICE-powered manual M3, then it would be worth hanging on to. Like you said, though, life happens, things change and 6+ years of $1,100 payments is a tough pill to swallow once the "magic" has worn off.
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Very good points however, isn't it usually more expensive to buy out after a lease due to the inflated residues? I always understood it as you knowing what you will do from the beginning with BMWs.
Also, I do like the idea of keeping certain cars for a long time. I always envy the guys/gals who owned a E30 M3 since new. Back then, the E30 was also not considered special, or just had special as a typical M product. I bought a M2C for that intent, to drive it forever and pass it down. I'm still debating the buy vs lease option of the M3. We shall see...