Quote:
Originally Posted by ferrari4evr1
I've always been under the impression that leasing cars are good for those who change out cars every 2-3 years?? If you plan on keeping it, or not getting into another car\lease, it can cost you substantially more in the long run. Compared with financing.....
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Really depends.
When I researched my e93 M3, if I were to have bought it and sold it in about 3 years, my total cost would have been about $1000/month etc (when you take in consideration depreciation, financing, etc)
But I was able to lease the car for $811/month.
So by leasing the car, I'm paying less overall, and I really don't plan on keeping the car for more than 3 years.
Max would be 4 years/50k Miles.
Owning a M after warranty...you're asking for expenses.
But from these values on the 1M, it seems more advantageous to buy it rather than lease it