Quote:
Originally Posted by Bimmer6
Wow not sure I would spend 50k to lease a car? With those kind of numbers why not buy one as good deals are to be had. Good luck.
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I would think that on the face of it buying would be a logical choice based on the total cost of the lease.
However it may still be worth it if you are able to write a portion or all of it off your taxes.
If you would like a put option on a 1st year niche car that has unproven resale value. Do you remember when gently used E60's were getting on hammered resale price in late '08/'09???
Lastly there are some people who rather tie up there excess cash in investments which yield higher returns or spend that money on Hookers and blow!
The key with a lease or any financial transaction is to understand exactly what the total cost is and reduce it within the given parameters of the deal.
Just my 2c