View Single Post
      10-30-2020, 07:20 AM   #34
Maverik259
Major General
Maverik259's Avatar
United_States
4140
Rep
7,160
Posts

Drives: F90 M5 / F15 50i
Join Date: Jun 2017
Location: Virginia

iTrader: (1)

Garage List
2020 BMW M5  [10.00]
2014 X5 50i  [0.00]
Quote:
Originally Posted by DrHeLpErZx View Post
Quote:
Originally Posted by Maverik259 View Post
Ya but the good thing about the market is it'll always rebound. So unless you invest in a company that goes under you'll generally be fine.

I leased because $0 down and much lower monthly payments than purchase. And the whole "Renting" logic doesn't pass with me. It's not like I'm getting any money back if I buy. As in more than I already put in. I don't plan on keeping till the loan is 100% paid so no point in buying.
Leasing literally is long term renting.

If you continuously need new cars and selling them sub 3 years, than yeah, leasing can be more advantageous for the lower payments.

But buying always trumps financially. It's just math my man.
Quite literally what I said. I don't plan on keeping the car past 5/6 years which is a loan (3 yrs is a lease). So that's why I chose to lease. It's simple math. It only makes sense to buy if you absolutely keep the car past loan termination and then have no more payments. But my interest rate in my lease is better than a loan anyway. So again. Leasing wins for me in this particular car due to BMW lease rates. MB is a different story. I would have been better off buying from them.
__________________
'07 Yamaha R1 (sold)
'06 C55 AMG (sold)
‘?20 M5, MP Carbon Pro Spoiler, MP Carbon Diffuser, MP Black grille and gills, MP Carbon Mirrors, CF side sills, 789M w/ Ti studs, eventuri, Dinan X pipe
'14 X5 50i (wife’s now)
Appreciate 0