Quote:
Originally Posted by Buzios
Can you elaborate? Not sure if I follow. What's this point about $3k upfront vs $15k in 3 years?
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The $15K was in reference to the increased payments from trading it in. As an example with a 750iL I had a few years ago;
Lease Inception Price $100K
Payment $1K
1 year later I decided to get an M5
Trade value $75K with buyout of $92K so -$17K difference
Swap a Lease listing at $1K/mo pricing and was gone in 5 days
If I had traded it in on my M5 lease it would have added $600/mo to the lease price and cost about $20K over the life of the lease.