New/Used x Finance/Lease

ultimate · 12-26-2008, 01:13 PM

poll

Bilka · 12-26-2008, 01:36 PM

Really depends on the situation, do you plan on getting out of your car within 3 years or do you plan on keeping it for 5 or more years....

Economically - you always lose in a lease, in the long run. It makes a BMW more affordable, but at the end of the term you have nothing to show for the money you spent. Most of us here are on leases including myself.

Majikthese42 · 12-26-2008, 01:50 PM

New, cash. (If I can't afford something, well, I can't afford it.)

(The depreciation may suck, but the BMW has still been a better "investment" than many of my stocks over the past year!)

ultimate · 12-26-2008, 11:09 PM

i've been in the market for a e92. i'm planning to keep it more than 5 years and i also drive a lot, so i think financing is my best bet. but will i save much over a used one. how about a cpo.

edit: and also with the great deals on a new one. what would i be better off doing/

samurai1200 · 12-27-2008, 03:46 PM

I bought new, $30k down. I had no idea I was going to buy a BMW until a 2007 335i caught my eye about 6 months before. My mom had a 5-series way back in the 90s, kept it for 13 years. Many childhood memories in the thing. I dunno.... I'm only 21, and can barely afford the thing, but I wouldn't have it any other way. Feels like I "belong" in this car. Chances are it'll be my wife's car if/when i get married

View Poll Results: Your BMW
New/Finance	10	28.57%
New/Lease	18	51.43%
Used	7	20.00%
Voters: 35. You may not vote on this poll

12-26-2008, 01:13 PM	#1
ultimate Lieutenant Colonel 61 Rep 1,792 Posts Drives: E92 Join Date: Sep 2008 Location: Chicago, IL iTrader: (0)	New/Used x Finance/Lease poll
	Appreciate 0 Tweet Quote

12-26-2008, 01:36 PM	#2
Bilka Captain 32 Rep 714 Posts Drives: M440 GC Join Date: Nov 2008 Location: So Cal iTrader: (2)	Really depends on the situation, do you plan on getting out of your car within 3 years or do you plan on keeping it for 5 or more years.... Economically - you always lose in a lease, in the long run. It makes a BMW more affordable, but at the end of the term you have nothing to show for the money you spent. Most of us here are on leases including myself.
	Appreciate 0 Quote

12-26-2008, 01:50 PM	#3
Majikthese42 Philosopher-king 20 Rep 1,113 Posts Drives: 2008 E91 Join Date: Apr 2005 Location: People's Republic of New Jersey iTrader: (0)	New, cash. (If I can't afford something, well, I can't afford it.) (The depreciation may suck, but the BMW has still been a better "investment" than many of my stocks over the past year!) __________________ E91 6MT Alpine, Terra, Xenons, ZSP, ZCW, ZPP, PDC, CA, alarm, M shifter and M brake handle, Euro rear fog light switch, Euro aspheric mirrors, rear power outlets, Garmin nüvi custom cupholder mount, Lidatek, V-1 built-in remote display, tire pump, jack, floor mats.
	Appreciate 0 Quote

12-26-2008, 11:09 PM	#4
ultimate Lieutenant Colonel 61 Rep 1,792 Posts Drives: E92 Join Date: Sep 2008 Location: Chicago, IL iTrader: (0)	i've been in the market for a e92. i'm planning to keep it more than 5 years and i also drive a lot, so i think financing is my best bet. but will i save much over a used one. how about a cpo. edit: and also with the great deals on a new one. what would i be better off doing/
	Appreciate 0 Quote