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Minor point, quibbling really (m) (archive)
[ Follow Ups ] [ 5-series (E39) Message Board ] [ Msg. Board FAQ ]
Posted by MG Davis, in South Florida on February 12, 2001 at 01:04:28:

In Reply to: BLAME LEASES!……….(m). posted by Chuck on February 11, 2001 at 22:58:16:

By the time you add the down payment to the monthly payments and the buy-out at the end, leased cars often cost a LOT more than paying cash, even if cost of capital is added to the exercise- and this doesn’t include any of the hidden clauses about mileage, condition of car at trade-in, etc. that often nickel and dime you to death even further.

If you are considering the buyout, then the mileage/condition charges are a moot point. I think I have seen, however, a 400-500 dollar "disposition fee" tacked on in some cases.

With you all the way on tax advantages. Works out well if you own your own (non-S corp)business, bill for mileage, are a real estate agent, etc.

Just my $.02

MG Davis

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