06-30-2007, 07:43 PM | #1 |
Shawn
18
Rep 169
Posts |
For the people that know a lot about buying/selling cars
I am currently looking into leasing/buying a new vehicle. As I went into the BMW dealership I asked for pricing on a new 3 series sedan and it came out to 480/month with 1700 down. Over a 3 year lease this equates to $18468 dollars spent over the term of the lease.
Then I was thinking how about if I were to purchase a car that is of higher value used, for instance a 6 series, and only costs 18468, after a 3 year period. Is this likely? Would a 6 series that costs 55k now be worth 37k in about 3 years? Does that seem realistic or not? I was just very curious to know. Thanks for any input that you guys can provide.
__________________
"Don't be scared of your potential to do great things."
|
06-30-2007, 07:54 PM | #3 |
MSVConrad++
57
Rep 778
Posts |
Doesn't matter which way you go, you lose roughly the same amount anyway. The only plus about leasing is that the car is off your back at the end of it, while with ownership you can do to your car whatever you wish, it's yours.
__________________
-Me
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|