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Old 11-27-2012, 06:33 PM
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dunderhi dunderhi is online now
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Location: MD
 
Join Date: Dec 2006
Posts: 5,756
Mein Auto: '13 X5M, 650xi
Quote:
Originally Posted by miamiboyca View Post
The only time a lease looks bad financially is if you keep a car 7 years plus.
I do a lease vs buy analysis before every purchase. Even over a three year time-frame leases are not always cheaper. Residuals & money factors vs interest rates & resell values ebb & flow month to month and from manufacturer to manufacturer. For instance BMW offers a lot of cash and low interest rates during their Winter sales events, but they very quietly lower their residuals such that their lease offers little to no advantage over the prior or following months, so the Winter event tends to favor purchasers. Mercedes standard lease rates tend to be quite high compared to market finance rates, so they tend to be close. A nice high resudual can have the same effect as an extra 5-10k off a purchase, but one really needs to understand the leasing costs and not blindly lease cars because because they are "always cheaper."
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2013 X5M ........ 2013 650xi ...... 2011 550xi (ret) 2011 335d (ret)
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