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10-18-2018, 07:43 PM
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#14
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First Lieutenant 
Drives: 2015 228i MSport w/Trk Pkg
Join Date: Jan 2010
Location: Wake Forest, NC
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Quote:
Originally Posted by BEM-S4
Quote:
Originally Posted by ralawren
A new BMW with high mileage will have significant depreciation (as others have said). Leasing a new car does not avoid this. If you want a BMW then find a used one with low mileage that is still under warranty. This way you enjoy the features of the car but the original owner takes the hit on most of the depreciation. My 2015 only has 20k miles. Paid $45k and now is worth $22k. It still drives and looks like new...
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This is the only way to play the game if you're driving 20k per year. Get a lease turn in with under 30k, CPO it out to 100k and you've got 3 years of worry free driving with a little wiggle room if you drive a little more than planned.
That's why GF realtor has a CPO 328 that we paid $25k for, pretty loaded and 27k if memory serves.
Look at it this way pay $25k for a CPO 228 now sell it for $10k in 3 years, do the same thing again. That's 6 years and 120k of worry free driving for $30k in depreciation, or roughly what you'd lose in 4 years if buying new. |
Well stated!
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