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Old 01-26-2012, 08:03 PM
16n69 16n69 is offline
Officially Welcomed to the 'Fest
Location: LV NV
Join Date: Feb 2011
Posts: 513
Mein Auto: BMW 3 Series M3

Originally Posted by palermo22 View Post
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).
Can't blame you,I hate debt...which is why I choose to pay cash and be done with it