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      08-21-2012, 09:00 AM   #11
AGS's Avatar

Drives: 2016 F10 M5
Join Date: May 2012
Location: NJ

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Originally Posted by philly-dee View Post
Correct me if I am wrong, but even if you lease the car, you can always sell it an any time and pay off the owed amount.
You are correct, however in practice the immediate depreciation hit you take for driving the car off the lot is frequently greater than the amortization of the lease for the first year or two.

Originally Posted by philly-dee View Post
For me the upside of a lease is the "put" referred to above. A guaranteed way to get out of the car if there is something you hate about it after 3 years, like it being in a collision.
Agree with you 100%. This is a huge benefit (at least in my opinion) of a lease that many people overlook.
Current: 2016 Silverstone M5, 2014 Anvil WW Jeep Wrangler
Previous: 2013 Monte Carlo Blue M5 (ED on 9/1/12), 2009 Carbon Black M5, 2006 Silverstone M5, 2003 Sterling Grey M5, 2000 Anthracite 540i6, 1998 Jeep Grand Cherokee 5.9Ltd, 1990 Eagle Talon TSi AWD, 1978 Mazda RX-7