Why leasing works for me (archive)
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Posted by Alpina22 on November 25, 2000 at 17:06:56:
In Reply to: Re: Age, Occupation. Did you Lease or Purchase? posted by Joanne on November 25, 2000 at 12:11:36:
(posted from: cc319479-b.jrsycty1.nj.home.com (65.2.181.105))
The lease for my loaded X works out to a total of approximately $27K for the 3yrs @15K/yr. With less cash out of my pocket, I can invest my money in things that actually appreciate in value since cars do not. Now when factoring resale value in, had I purchased the X based on a 68% residual, my total out of pocket expense would be somewhere around $20K. So in the end, the leased vehicle costs an additional $7K, but I should be able to make that difference back easily with my investments.It all comes down to preferences. In my case, leasing allows me to buy more of a vehicle than traditional financing. So much so that I ended up leasing a new 528i sport the week prior to taking delivery of the X.
As for age and occupation, I thought we did this a few days ago.....
Age = 29
Occupation = Programmer Analyst.
Alpina22
00=oo=00
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