Quote:
Originally Posted by new2the3
Yes it does. You get a lot of people leasing the car who otherwise couldn't afford to "own" one. You also see some early adopters take on leases at $1,000 / Mo and then try to ditch when the financial buyers remorse kicks in.
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Sometimes buying isn't the most economical choice even for someone who can "afford to own" the car.
Someone once told me (rightly or wrongly)... "buy assets that appreciate and rent assets that don't"
I lease for a couple of reasons...
- I like the short term nature and guaranteed buy-out... the convenience of someone just taking it off your hands.
- I like that if there is a serious accident, the related higher drop in value becomes BMW's issue and not mine on lease turn-in.
I may buy my next car (although it may not be an M) and hold on to it for a while.