[BlkGS]

Originally Posted by whoppa

From a financial perspective, my only concerns are the unexpected costs of repairs plus maintenance. I can get the extended warranty but it really eats up a lot of the savings!

Have you had any issues thus far? These don't have any magical "end of lease" OTA update that starts causing issues. They rolled that out with the LCI and iDrive 8. Kidding, kidding.

The real.savings is once it's paid off. When you're not paying a couple hundred a month anymore and you're just driving it, that's when it really starts to pay off.

How much are they quoting you for an extended warranty and for how long? Dealers will manipulate the prices on those to boost profits, so if they think they can keep you leasing, they might inflate the price of the warranty to make it easier for them to say the "for not that much more we can get you into a brand new car" shtick.

[TurtleBoy]

Originally Posted by whoppa

From a financial perspective, my only concerns are the unexpected costs of repairs plus maintenance. I can get the extended warranty but it really eats up a lot of the savings!

Extended warranties rarely make financial sense. Where they do provide value to some is in knowing they won't have to pay should something that is covered break.

[masab321]

I just paid a deposit on a 21’ CPO fully loaded X5 40i and going to pick the car on Wednesday. I was able to afford the new one (LCI) as well but was lucky to get all the options I wanted in the used one with warranty for next two years and will get extended warranty if I plan to keep the car for a long haul.

I would buy out the 2021 instead of getting into an LCI.

[Mattl0806]

One thing not mentioned is the difference in financing charge. 2.99 for a new car in March for 60m financing. CPO rates are what 6.5-7.5 for 60? Obviously you’re borrowing a lot more notional, but paying less carry than money markets would make me feel better about it..