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Re: Guys: Lease or Buy/M5 (archive)
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Posted by David L on October 06, 2001 at 10:23:52:

In Reply to: Guys: Lease or Buy/M5 posted by M ADDICT on October 05, 2001 at 06:22:53:


Got my Nov build date 2002/M5 going with Please advise

I'm going with a lease, but through the bank - they use a "heavy equipment" type lease w/ $1 buyout at end, essentially it is a loan at 6.15% (before Fed Rate cut), but I get to expense it as a lease through my business. I like this option because you don't have to worry about mileage or anything else. Of course you have higher payments, but I'm selling my '98 540ia and putting money into M5 (which is "enroute" now). Normal leases are always more expensive than buying outright or financing on your own. Only advantage to normal lease is lower payments... but the NPV is not good....


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