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...some financial considerations... (archive)

[ Follow Ups ] [ 3-series (E46) Message Board ] [ Msg. Board FAQ ]

Posted by vertigo on April 12, 1999 at 01:09:31:

In Reply to: Question on Leasing... Need alot of opinions... posted by ChrisH on April 12, 1999 at 00:48:08:

Chris,

A few things to consider when you run your
numbers:

(1) You will not need to pay interest on the
16k of car you DON'T finance with a lease.
Depending on your credit and interest rates
offered, you may save yourself considerable
cashish if you avoid having to finance this
debt.

(2) You can invest the money you aren't paying
on the higher monthly associated with buying.
If you are the kind of person who lets his
money sit in a checking account this won't
amount to much, but it is realistic to turn
10% on low risk investments (see stock market;-).

Run a quick estimate on your real cost with the
above factors, and the 16k might not look so
bad...

my .02.


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