E46Fanatics - View Single Post - Who here leases vs finances? pole: your thought process behind it?
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Old 01-31-2005, 01:17 PM   #11
gatorpiss
Registered User
 
Join Date: Aug 2004
Location: Houston, TX
Posts: 305
My Ride: is kewl
Thanks for the awsome response! I love to hear other ppl's input and how different options work for them.

Ownership is still the way to go for me. I'm not sure where you are getting 8-9k from? i only put 3k down on my used e46 and the payments are not that high. BTW, an "investment" does not always have cash value. I will save WAY more by paying my car off in 5 years and then driving it until the wheels fall off!

The money you "save" by leasing does not match financing. You will be making car payments for the rest of your life if you lease. thats not cheaper by any means. Since you pointed out how well BMWs hold their value over time. I will sell mine WAY down the road and have serveral grand to put down on a new one.

Where I come from when you finance a car you OWN it at the end of the term.
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Last edited by gatorpiss; 01-31-2005 at 01:35 PM.
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