Quote:
Originally Posted by dave885
Assuming you could sell the car for $45k at the end of three years, wouldn't you exercise the purchase at the end of the lease and recapture the equity by selling it and reduce your total lease cost. Otherwise you're letting BMW FS get paid twice by having a lower residual. If you ignore that benefit it's not really an apples to apples cost of ownership analysis. The question is how much of a risk you feel comfortable taking on the residual.
|
That is a great point.
Also, I bought a similarly optioned/priced E92 M3 in 2011 and traded it after 15,000 miles for $48,500. I'm thinking my $45,000 assumption is a bit optimistic.