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Leasing vs. Buying (archive)
[ Follow Ups ] [ 5-series (E39) Message Board ] [ Msg. Board FAQ ]
Posted by Mark OC on February 12, 2001 at 07:22:43:

In Reply to: Where is Financial Intelligence?. . . . . . . posted by NY2OCJeff on February 11, 2001 at 23:32:46:

Not sure if I agree. I've seen several analysis done which demonstrated that often times leasing does make economic sense. To say that leasing "is almost always more expensive" I don't think is accurate.

Yes, new cars take a big depreciation hit. Probably always have, even before leasing became popular. Anything new depreciates faster at first.

Of course, what makes most economic sense if to buy a car, take care of it, and run it into the ground (or close to it).


Several weeks ago I made exactly the same argument you make, Chuck, and several board members ripped into me big time for calling them "stupid" for leasing. I agree, leasing is almost always more expensive. Period. There are a few folks who are very financially savvy and can negotiate awesome lease deals, but the majority of them stink. Glad to see someone agrees with me!




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