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In Reply to: What I meant was... posted by Trex on November 27, 2000 at 13:40:20:
For me a lease would not make sense - I have had my X5 for almost 3 months (Thursday will be 3 months exactly) and have 9300 miles. You can do the math, this is over 37,000 per year...yes, I drive a lot!! For me a lease would not make sense because I would be paying way too much because of the miles. If you fit the category, then a lease isn't a bad way to go.
My $0.02 - I still like buying, but understand why someone would lease.
...if you bought the X5, the value after 3 years may be less than what is calculated at 68%. Trade in value or private sale value could/might be less than the 68% you calculated. Thus, buying could be more costly, leasing a better deal.
I know that first one didn't come out right.
Don't forget, also, that with inflation, "then" dollars cost less than "now" dollars. Tie up as few "now" dollars as you have to for an asset that only depreciates.
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