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      04-25-2019, 11:01 AM   #63
///Armin
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Drives: AW E92 M3
Join Date: Dec 2008
Location: Northern VA

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Any car you own whether you purchased it cash, financed or leased, you have to calculate your overall cost per month over the entire time you owned it including any repairs.

BMWs have better residuals and MF than Porsche, LR, and Mercedes, this makes them more attractive for leases.

If you do the math, specially if you put higher miles on the cars, 12K plus, then the total ownership per month if you purchase it vs lease it, within the 4-5 years, it's mostly the same on these cars, the difference is with lease you know exactly what it's costing you to drive the car and you don't put anything down, funds can be used for other things, with finance you take a chance of a higher loss when you trade it in and usually have funds stuck when you put money down. I say 80% of people switch cars after the 4th year, once issues start and you are making those annoying repair trips and dealing with repair costs, it just doesn't make sense. Not to mention exterior and interior conditions have deteriorated by then.

The great thing about leasing is also that you can just buy the car at the end of the lease if you prefer.

Last edited by ///Armin; 04-25-2019 at 11:08 AM..
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