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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:

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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