Bimmerfest - BMW Forums - View Single Post - Doesn't Anyone Buy Anymore?
View Single Post
Old 01-24-2012, 12:20 PM
palermo22 palermo22 is offline
Registered User
Location: California Central Coast
Join Date: Jan 2012
Posts: 83
Mein Auto: Lexus IS 250
Doesn't Anyone Buy Anymore?

I became a member of Bimmerfest a little while ago - I'll probably wind up buying a 328 with European Delivery (just waiting to test drive and see the car in person). But the point I want to make is that it seems as though more people lease this car rather than buy. I realize there are business reasons to lease (tax write-off) and that those that don't keep their car longer than three/four years that leasing might be the way to go. However, I plan to keep the car at least six/eight years - as a long-time car buyer I have always done this on the basis that a car depreciates immensely the first few years and then slows down - meaning that once you get past year three the car is less expensive unless the manufacturer is not reliable and various problems pop up in the later years (hopefully, this will not be the case with the 328). Anyway, just wanted to see if there was something that I am not aware of by buying instead of leasing (while I had planned to buy with cash - getting a 1.99 or even 2.99 loan might change my mind - I don't like to have debt).