noob looking for a 135i......questions

[bimmerbum]

:iono:Been looking online to find a good deal on a new 135...... I found a leasing company here in Ca. that has really aggressive pricing to lease a bmw.

really want to get this car, can anyone help me to find out if this is a good deal as I have never leased in the past.....whatever I do, I NEED to have this car soon

[Heinzftw]

I wouldn't lease anyways. Try and just finance the car and own it. If you actually end up leasing the car, all you will be one of those So Cal snobs who use their bmw as a status symbol.

[mikeo]

Pretty big assumption there, Heinzftw. Please be a little more respectful to a new 1Addict.

[ky_soldier]

and that's why 18 yr olds shouldn't necessarily be dishing out advice "from their experience"

there are a ton of lease vs buy threads but in a nutshell, leasing can be attractive if you drive between 10-15k mi a yr and get a new ride every 2-4 yrs. you can save a considerable amount in taxes and have a guaranteed residual which you can NOT get on a purchase. many leasing companies are in trouble because the forecasted residuals were lower than current market value, which means many leases were considerably better than buying

if, however, you drive a ton of miles or very few miles, buying may be better. read through the thousands of debates and educate yourself, then make the best decision you can and don't look back with regret

[Heinzftw]

Originally Posted by ky_soldier

however, you drive a ton of miles or very few miles, buying may be better. read through the thousands of debates and educate yourself, then make the best decision you can and don't look back with regret

Sorry, about that, but this pretty much sums up myself. Average 15-20k a year. :biggrin:

[ptack]

Leasing a car like this may not be the best idea if you've never leased before. As others have said, there are a lot of discussions out there about buying vs leasing. Check the internet and read, read, read because there are significant advantages and disadvantages to either depending on your unique situation. If you drive very little, leasing can make sense. If you drive a lot, you can incur significant penalties at the end of the lease in terms of extra mileage and damages. Over the long term, buying is generally cheaper than leasing (if the car is well made, it's the opposite if the car is a piece of junk), BUT you may not want to own a car (or this particular car) long term.

Figure out first what you really want this car for and what you plan on doing long term, then crunch the numbers and see what's best for you. Though some people have concerns about the long term reliability of the twin turbo N54, there seems to be little evidence of systemic failures so far and many automotive specialists are estimating high resale values to the 1 coupes, so, for your valuating purposes, I think you can assume that the 1 is a well made car as opposed to a future problem you wouldn't want to own.

[bimmerbum]

too all who took the time to comment on my post, thanks (except Heinzftw) J/K ......BTW ky soldier thanks, I will be reading up on the subject......thanks for all you do for this country:headbang: