Lease for 700per mnth or 8400 per year. After 3 years youre out 25400. Whats the residual on a 3 year old m3? So maybee youre 10gs ahead buying. But interest earned on not buying adds up to about 4500. So buying you are say at best 6gs ahead.
Hey yuore right dont lease unless you own a business and can deduct the lease, cause then you could be even to 5gs ahead of buying, and at the end you can just get another new one, instead of trying to sell a 3-5 year old car with needs.
Hey a lease is a rental, at the end you just turn it back in. If you finance to buy over 5 years figure what your paymentsa are going to be, how much will you need to spend on a car after 5 years of hard driving. It takes 10 years for buying and repairs to really make sense and even out to the avg lease costs over the same period..