01-24-2012, 07:53 PM
|
|
Registered User
Location: California Central Coast
|
|
Join Date: Jan 2012
Posts: 83
Mein Auto: Lexus IS 250
|
|
Quote:
Originally Posted by Michael Schott
But if you buy you may have $650.00 payments and a car worth 50% of what you pd plus potentially expensive repairs after 3 years. And you've paid out $31,000!
|
This may say it better (using a decently equipped 2012 328)
Lease $550 - 48 months - spent: $$26,400
Net spent: $26,400
Purchase - Spent $42,000
Value after four years: $24,000 (based on 50% depreciation)
Repairs and Maintenance (thus far) - all paid by BMW
So after four years I am now sitting with a car that I have spent $24,000 on and I have equity of $24,000. Under leasing - even if your payments only equalled $24,000 - after four years you have nothing!
|